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Author Topic: Can bitcoin help poor children in underdeveloped countries?  (Read 1206 times)
loveb
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April 15, 2018, 07:26:27 PM
 #201

They are suffering government corruption, safety risk and virulent inflation etc.

Recently, a event of child-sex abuse happened in a kindergarten called "RYB" located in Beijing. The staffs simply showcase the children as "commodities" to their "clients", possibly involving some officials and military officers. Even worse, needle marks were found on these children's skin. Nevertheless, the press is controlled by the gov and news blackout is still enforced within the country.

All this to me is so disgusting, as I am also a Chinese. I've lost every hope to my government and convert my money to bitcoin as much as possible.

To people living in the hell, bitcoin is not just about hodling and making profits, it's about having the chance to grasp their own lives.

Hope one day the transaction fees can be lowered down, so that more and more people could benefit from using bitcoin.
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April 15, 2018, 07:29:51 PM
 #202

Illiteracy is the cause of poverty. We know a cup of coffee (Starbucks) = 20 notebooks, or a school bag, or two pairs of slippers for poor children in Vietnam.

Yes it can, government today in japan are using cryptocurrency in order to improve their own economy and different countries as well can do the same thing, if different companies will just unite and use bitcoins for their own countries benefits then they will all live a wealthy life.
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April 16, 2018, 06:56:11 AM
 #203

Bitcoin isn't something like an enchantment wand. It isn't a man that will give you an assistance. So for me, bitcoin is certainly not going to help poor kids in an immature nation since above all else, bitcoin is exceptional to them. They don't know its presence. Likewise, they have a web association and even devices so how they going to be include in bitcoin. It isn't likewise a legislature or a business that has an energy to help them and finally, bitcoin doesn't have the duty to them it is their administrations and nation that ought to have make a move.
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April 16, 2018, 11:03:10 PM
 #204

There are some Startup like MicroMoney or the Veteranus Coins that are targeting to help people in social need and I have talked to people in developing banks, which have a huge interest in blockchain in order to help people. The problem is more than the acceptance and professionalization of the cryptoscene than the willingness.

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Catakou14
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April 16, 2018, 11:21:05 PM
 #205

Well the one that can help underdeveoled countries is we. We can help them by donating some of their needs with bitcoin. We can do a charity and fund raising with bitcoin to allocate funds for them.
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April 17, 2018, 03:28:49 AM
 #206

Yes the ones who can help the poor children in underdeveloped countries are those who became successful through bitcoin. It's in us on how we will utilize our bitcoins properly either in good ones like donating for charity funds or just use it for our own greediness. what these children need is just our support financially in their studies, clothing, shelter and food.
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April 17, 2018, 03:48:13 AM
 #207

I think Bitcoin is not something sacred, they do not help anyone if we do not have the will to strive for life. Being involved in a risky BTC may be a big loss for me, I do not know why, BTC can help poor children. How does Bitcoin help children? I see Bitcion is not suitable for less developed countries like Vietnam

andrei56
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April 17, 2018, 05:01:00 AM
 #208

Bitcoin itself is not going to turn to a human to help. You and I are the ones who will create that platform to help from the wealth you must have accrued from being an early adopter of bitcoin.

Do as much as you can in your own little way and if we all keep that going, you'd be surprised at the number of poor children's life you will be touching. We all have a part to play!
Exactly, bitcoin is only going to be a tool, and if the past experiences with other tools are any reference, I think bitcoin has the potential to help some people but it is not going to make a huge difference because at the end if the world is in the state it is, it is because people want it to be that way, so I do not expect to see any kind of radical change.
Indai24
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April 17, 2018, 05:15:16 AM
 #209

Bitcoin itself is not going to turn to a human to help. You and I are the ones who will create that platform to help from the wealth you must have accrued from being an early adopter of bitcoin.

Do as much as you can in your own little way and if we all keep that going, you'd be surprised at the number of poor children's life you will be touching. We all have a part to play!
Exactly, bitcoin is only going to be a tool, and if the past experiences with other tools are any reference, I think bitcoin has the potential to help some people but it is not going to make a huge difference because at the end if the world is in the state it is, it is because people want it to be that way, so I do not expect to see any kind of radical change.

Definitely, bitcoin is a big help to children specially to undevelop countries only if they're are going to take advantage of it's usage. But as they say that if you're going to work hard on it there's gonna be a big result awaits you.
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April 17, 2018, 05:54:04 AM
 #210

Illiteracy is the cause of poverty. We know a cup of coffee (Starbucks) = 20 notebooks, or a school bag, or two pairs of slippers for poor children in Vietnam.

The question is rather vague as bitcoin is no other than an asset or a currency depending on its use. Following this description, donating money/bitcoin can help poor children in general!

Why would an underdeveloped country develop a system wherein it revolves around a digitalized form of payment if most of their population are living under the marginalized sector? This would only lead to a waste of resources and money as it may be better if they diversify their expenses into enhancing their current infrastructures for job opportunities and employment for the people. Not to mention, you said it yourself! Being illiterate is common throughout the world and introducing them a complex system of payment would only add insult to injury.
Give donation in the form of money, clothes, foods, etc. so that their government would establish schools for the youth and NOT BITCOIN.

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Cairo18
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April 17, 2018, 06:00:52 AM
 #211

Bitcoin itself is not going to turn to a human to help. You and I are the ones who will create that platform to help from the wealth you must have accrued from being an early adopter of bitcoin.

Do as much as you can in your own little way and if we all keep that going, you'd be surprised at the number of poor children's life you will be touching. We all have a part to play!
Exactly, bitcoin is only going to be a tool, and if the past experiences with other tools are any reference, I think bitcoin has the potential to help some people but it is not going to make a huge difference because at the end if the world is in the state it is, it is because people want it to be that way, so I do not expect to see any kind of radical change.

Definitely, bitcoin is a big help to children specially to undevelop countries only if they're are going to take advantage of it's usage. But as they say that if you're going to work hard on it there's gonna be a big result awaits you.

Yes bitcoin can help poor children if a members of this organization will work hard and gain more bitcoins. I think this is a kind of networking to invest more to take benefits for helping charitable programs.
Yakult
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April 17, 2018, 06:29:13 AM
 #212

Bitcoin is not the answer. But it can definitely help it some ways. Like, bitcoin can be use to funds the education of every children. Method of payment is the only thing that I can think of right now. Funding through bitcoin might be possible but still not exactly the help they needed.

zhea
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April 17, 2018, 06:49:26 AM
 #213

Bitcoin cannot directly help poor children make lives better because before engaging bitcoin they need to have internet connection and gadgets for them to use in doing bitcoin. Maybe a help will be extended to them to those who are lucky enough to have millions of btc in their wallet through donations to a charity institution that is helping children in some underdeveloped countries. Providing children the food, clothing and some other important needs specially on education.
gowron24
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April 17, 2018, 06:52:33 AM
 #214

Perhaps not so much Bitcoin, but other coins which are devoted purely to supporting NGOs working in the third world etc. - there is a new budding market for coins being used as tools for charity, and it seems to be really a good choice: https://medium.com/@pauljlamb/crypto-philanthropy-how-bitcoin-and-blockchain-are-disrupting-the-philanthropic-sector-80716dc7cb68
vuhoang1giang
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April 17, 2018, 07:42:24 AM
 #215

not bitcoin, an altcoin can do that.
Look at sigilplaform, sigilcoin . I think our fund can sent to poor children by that way.
Direwolve735
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April 17, 2018, 09:23:24 AM
 #216

Bitcoin itself is not going to turn to a human to help. You and I are the ones who will create that platform to help from the wealth you must have accrued from being an early adopter of bitcoin.

Do as much as you can in your own little way and if we all keep that going, you'd be surprised at the number of poor children's life you will be touching. We all have a part to play!

I totally agree with you. Bitcoin is just a remedy, just like everything else. It can only help if it finds itself in the hands of people who want to help others. Similarly, it can serve evil people, for example, become a means for organizing terrorist acts. By itself, Bitcoin is neutral. Therefore, everything depends on us, on people. If we really want to help each other, we need to use all available means for this, and bitcoin is no exception.
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April 18, 2018, 04:40:35 AM
 #217

bitcoin is good and there are many benefits to be gained from it. that's what if we understand and use it. because in an underdeveloped country, I do not think much can be done bitcoin, because it does not have information about bitcoin, especially about its benefits.
charlemagne_15
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April 18, 2018, 05:04:01 AM
 #218

Bitcoin itself is not going to turn to a human to help. You and I are the ones who will create that platform to help from the wealth you must have accrued from being an early adopter of bitcoin.

Do as much as you can in your own little way and if we all keep that going, you'd be surprised at the number of poor children's life you will be touching. We all have a part to play!

I definitely agree with you ! Bitcoin isn't a human. It does not have a hand to lend to the people who needs financially help. Bitcoin is a mere cryptocurrency. It is not developed nor created to help the poor children in the undeveloped country. Also, bitcoin is not that popular in those area. In addition, most of the citizen in there doesn't have an access to bitcoin.

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April 18, 2018, 05:21:15 AM
 #219

Bitcoin is a way to help people and to give them support when they are in that kind of situation. But probably bitcoin will not give it all through in their hands, but a person knows how to use it.. Yes they can, and his the way to do that all things.
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April 18, 2018, 05:24:21 AM
 #220

Illiteracy is the cause of poverty. We know a cup of coffee (Starbucks) = 20 notebooks, or a school bag, or two pairs of slippers for poor children in Vietnam.

of course can by putting aside some percent of the profits you get from playing bitcoin trading then you can help poor children and some underdeveloped countries by creating some technology that can make the country can be advanced.
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