Stable coin can solve poverty

[Alisha-k]

Creating stable coin and doing an airdrop might fairly tackle the issue of poverty but you no what it won't eradicate it completely you know why the information won't circulate properly and many will still be kept in the dark. Tackling poverty is a game of empowerment and education. Stable coin airdrops can only work in a well civilized nation where information is power

[325btc]

Creating stable coin and doing an airdrop might fairly tackle the issue of poverty but you no what it won't eradicate it completely you know why the information won't circulate properly and many will still be kept in the dark. Tackling poverty is a game of empowerment and education. Stable coin airdrops can only work in a well civilized nation where information is power

Those who join with airdrop they will get it
Those who got open mind enough for this.
 

[Cling18]

Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

That's not how crypto works. It will just ruin the whole economy because, to be honest, such a thing couldn't end poverty. There are lots of factors to be considered for us to end poverty and crypto alone couldn't solve that. That could be a temporary solution but the government also has to do its part. Airdrops can't make everybody rich.

[Cryptock]

Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

That's not how crypto works. It will just ruin the whole economy because, to be honest, such a thing couldn't end poverty. There are lots of factors to be considered for us to end poverty and crypto alone couldn't solve that. That could be a temporary solution but the government also has to do its part. Airdrops can't make everybody rich.

I wish to witness good days. When no one would be worried about having bread on table.
But now a days - the things are way beyond having bread on the table. People have needs and wants which can not be easily met.

[rahmatrf331]

Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

That's not how crypto works. It will just ruin the whole economy because, to be honest, such a thing couldn't end poverty. There are lots of factors to be considered for us to end poverty and crypto alone couldn't solve that. That could be a temporary solution but the government also has to do its part. Airdrops can't make everybody rich.

for me, stablecoins make me immobile and slow to progress. I chose stable coins only as a link between coins which cannot be accurately predicted, so stable coins are the only solution. however, the notion that stablecoins can solve poverty is a little less appropriate for cryptocurrency players and as suitable for local stock players as exchanging dollars for other local currencies.

[fauzan Ichsan]

Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

That's not how crypto works. It will just ruin the whole economy because, to be honest, such a thing couldn't end poverty. There are lots of factors to be considered for us to end poverty and crypto alone couldn't solve that. That could be a temporary solution but the government also has to do its part. Airdrops can't make everybody rich.

for me, stablecoins make me immobile and slow to progress. I chose stable coins only as a link between coins which cannot be accurately predicted, so stable coins are the only solution. however, the notion that stablecoins can solve poverty is a little less appropriate for cryptocurrency players and as suitable for local stock players as exchanging dollars for other local currencies.

stable coins are not a way to get money, in cryptocurrecy the way it works is that someone loses and someone gains, so we have to be good at managing it. even from investors there are delays in getting a profit because they prefer to hold it. we know crypto has high fluctuations, those who can take advantage of it will be rich, and vice versa. just like luna, which is currently up almost 100%, and this kind of situation is hard to find in the stock market

[Theones]

stable coins are not a way to get money, in cryptocurrecy the way it works is that someone loses and someone gains, so we have to be good at managing it. even from investors there are delays in getting a profit because they prefer to hold it. we know crypto has high fluctuations, those who can take advantage of it will be rich, and vice versa. just like luna, which is currently up almost 100%, and this kind of situation is hard to find in the stock market

Well - there is a Darwin theory of survival of the fittest as well.
That is very well stated above one wins and the other lose that is how the balance in the world is maintained. Otherwise there will be chaos in the world.

[jostorres]

Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

But, I think printing much money is bad for one's economy. The more you think this helps the poor, the more the people can actually becomes poor because of this. It wasn't stable coin, not even cryptos that can help solve the poverty but it can be the government and also if people will work hard. When they work hard they will earn and then they will use these earnings on proper things like education, investment and savings. They also need to budget their money.

I don't think the lives of the people won't improve if they follow all of them but for sure it can since those things are already proven and tested by other poor people that are rich now. They are in fact the ones that educate us about this.

[suzanne5223]

Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

In case you don't understand, stablecoin is another version of fiat currency and it was introduced to prevent crypto investors level of loss due to the market volatility but technically all stablecoins are not stable in price and there's no asset or commodity whatsoever that doesn't devalue at some point.
Having said that, the best and surest way to solve poverty is through investment and I am sure it definitely not through stablecoin.
The APY exchange offer doesn't worth it at the end of the day

[BIT-BENDER]

If stable coin has the power to solve the economy problem like you wrongly think and in alleviate poverty then you should also say that the US dollars it self can solve the issue of poverty, Because stable coin are but only coin that are soft pegged to the US dollars, like the first reply you got here has stated and I support it, I believe if we put learning and understanding first we would no be quick to conclude on what can or cannot solve the issues of the world, believe go back and understand this things and how the can relate, (Economy and Crypto-currency).

[Spontaneous]

   I know you are thinking an making also a plan about our economy and also people life that who are really suffering  their kind of vulnerable life . It's just my opinion not arguing , that making money or printing money can leads us into to much down or it can be a high  inflation and to high demand of price of foods and wants. At first it's okay people got more money the more they spent but not knowing that they already sold all the supplies and due of demand they can not produce again and this would the start of scarves and hungry.

[bakasabo]

How on earth printing and airdropping money gonna solve poverty? Lets imagine this really happens in other universe. I suppose everyone are going to get this free money. Both poor and rich. But this wont change anything in general then. Lets imagine that you suggest to give money only to poor people. Ok. But who and how will be decides what is a definition for poor? A billionaire with 1 billion fortunes lack several billions to buy an island - he is poor. There are people who are lazy to work - they are poor. Airdropping printing money will only decrease money value, but wont solve poverty.

[Joshapat]

In my opinion Crypto is the best solution to overcome poverty, many countries are now increasingly concerned with crypto because the decentralization system of cryptocurrencies has proven effective, certainly not stable coins that must be used but decentralization due to price opportunities that can skyrocket in a short time.

[Reid]

How I honestly wish that is how easy things could be. Just keep on printing more or create more stable coins in the crypto industry and distribute it so we will all be rich.
But that idea may have come out from the mind of others but you know, it doesn't work like that. Many users already explained it so I won't stretch it out.
This caught my eye though as my wife ask me the same thing just weeks ago. This economy going down really makes people think about crazy things, but I do understand what you want. It's just impossible.

[milewilda]

How I honestly wish that is how easy things could be. Just keep on printing more or create more stable coins in the crypto industry and distribute it so we will all be rich.
But that idea may have come out from the mind of others but you know, it doesn't work like that. Many users already explained it so I won't stretch it out.
This caught my eye though as my wife ask me the same thing just weeks ago. This economy going down really makes people think about crazy things, but I do understand what you want. It's just impossible.

Totally impossible or something that could only happen in dreams.Stable coin? Solving poverty? If this can easily be solved out then it had been long time had been done on using fiat.
Even to those people who had some stablecoins wont really make out or resolving this kind of big scale issue or problem and lets just accept that kind of fact
where something that cant really be easily resolved no matter how much money you would really be tending to accumulate or combine for this very
own reason.

[BitcoinPanther]

Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

On the outlook this is a sound plan but in reality this is just another non-sense proposal.  It is easy to create gazillions of stable token and distribute then so that each individual can have millions of stablecoin but the main concern here is the value.  To be able for stablecoin to function well, it needs to be backed up by its currency counterpart 1:1.  If not then the mentioned stablecoin is as good as those worthless scam token that is scattered on the cryptocurrency market.

[monineklutak]

In my opinion Crypto is the best solution to overcome poverty, many countries are now increasingly concerned with crypto because the decentralization system of cryptocurrencies has proven effective, certainly not stable coins that must be used but decentralization due to price opportunities that can skyrocket in a short time.

There is no doubt that crypto is very profitable but on the other hand to make a profit is not something easy,
the risk is also big so if you say crypto is the best solution to overcome poverty I think it's too much,
What is clear is that everyone has their own opinion regarding the above

[Oceat]

In my opinion Crypto is the best solution to overcome poverty, many countries are now increasingly concerned with crypto because the decentralization system of cryptocurrencies has proven effective, certainly not stable coins that must be used but decentralization due to price opportunities that can skyrocket in a short time.

There is no doubt that crypto is very profitable but on the other hand to make a profit is not something easy,
the risk is also big so if you say crypto is the best solution to overcome poverty I think it's too much,
What is clear is that everyone has their own opinion regarding the above

I agree that most of the time decentralization is the best way to make profit but there are pros and cons about this if you were in this market for a long time you will notice that it is also prone to price manipulation. So it means whales can control those who are at the bottom if they want to make huge profit although he can't control every traders mind so they can still get some profit but not with whales. So I agree that everyone has their opinion about this crypto currency and stable coin can't solve poverty.

[wxa7115]

Plan to solve
Create usd or other stablecoin like eur or why not gbp...
And make big airdrop.
So everybody will get nice ammount
And exchangers will pay apy like 40-50% to hold

Its instant plan to remove poverty you print money

On the outlook this is a sound plan but in reality this is just another non-sense proposal.  It is easy to create gazillions of stable token and distribute then so that each individual can have millions of stablecoin but the main concern here is the value.  To be able for stablecoin to function well, it needs to be backed up by its currency counterpart 1:1.  If not then the mentioned stablecoin is as good as those worthless scam token that is scattered on the cryptocurrency market.

Also this idea to give people a lot of money so they can afford stuff simply does not work, it is not rare to listen to people say something like ‘if you gave one million dollars to everyone then everyone will be a millionaire’ and in theory that is true.

But what they fail to understand is that now a bottle of water will be worth 50k and a house will be worth 1 billion or more, so this idea of solving the economic issues that we are having by giving money away is never going to work.

[palle11]

In my opinion Crypto is the best solution to overcome poverty, many countries are now increasingly concerned with crypto because the decentralization system of cryptocurrencies has proven effective, certainly not stable coins that must be used but decentralization due to price opportunities that can skyrocket in a short time.

There is no doubt that crypto is very profitable but on the other hand to make a profit is not something easy,
the risk is also big so if you say crypto is the best solution to overcome poverty I think it's too much,
What is clear is that everyone has their own opinion regarding the above

Crypto is not the best solution if I can say because it has volatile nature and it can either go up or down, and the time that it goes down the holder loses and goes in pain  The short point is cryptocurrency is not stable, it can give alot of profit within a short time and bring you down the next time like this time the market is down and bleeding and hodlers are not happy.