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Author Topic: Poor people need solution now  (Read 1893 times)
strunberg
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February 09, 2024, 04:43:32 PM
 #61

You really said this with confidence? Na! Banks role in the society is because they help the central bank, the government and the banks itself. None of the money banks has is officially their own, it's people money they use, allow people to save, borrow the same money to people with high interest and then give back little to no interest back to the people that save money. If there is one role the bank has played is the ability to send money from one place to another but are they even free? No, they charge you for it.

That is very correct. Basically what banks do is rob people. Banks take your money, either through savings or deposits, then give it to other people and earn interest. As long as you don't withdraw your money in cash, the bank can still use your money for its profit. Does anyone really pay attention to how much money we save and how much money is issued by the Bank? The rule is that bank financial statements record cash inflows or outflows. But is it really done as it should? I'm not saying to stop using banks but I want to say that if you keep your money in cash, the value of your money will continue to decrease due to inflation.

Crypto is an investment instrument that is worth considering. What's even interesting about crypto is that it is better than gold in several ways. Gold can protect the value of your money from inflation, but crypto can fight inflation and make the value of your money increase. Of course there are risks such as fluctuating prices but I see crypto, especially Bitcoin, as slightly better than other assets at the moment.


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redsun114
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February 09, 2024, 08:33:55 PM
 #62

It's not as easy as it may sound when you write it. You can't challenge the system because you don't have the power to stand against them. A small community cannot fight the whole system especially if they are doing things that are against the constitution and laws, and the government and authorities can easily use that against the community and even get them arrested or grab their lands and whatever they own even if they have to create fake cases against them.

Do you think that a government would allow every single community to create their currencies so that they can demand outsiders of that community to buy the money or currency to trade with them? That's not a way to get rid of poverty but it's the easiest way to create conflicts.

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February 09, 2024, 10:58:41 PM
Last edit: February 09, 2024, 11:26:28 PM by erep
 #63

You really said this with confidence? Na! Banks role in the society is because they help the central bank, the government and the banks itself. None of the money banks has is officially their own, it's people money they use, allow people to save, borrow the same money to people with high interest and then give back little to no interest back to the people that save money. If there is one role the bank has played is the ability to send money from one place to another but are they even free? No, they charge you for it.

That is very correct. Basically what banks do is rob people. Banks take your money, either through savings or deposits, then give it to other people and earn interest. As long as you don't withdraw your money in cash, the bank can still use your money for its profit. Does anyone really pay attention to how much money we save and how much money is issued by the Bank? The rule is that bank financial statements record cash inflows or outflows. But is it really done as it should? I'm not saying to stop using banks but I want to say that if you keep your money in cash, the value of your money will continue to decrease due to inflation.

Crypto is an investment instrument that is worth considering. What's even interesting about crypto is that it is better than gold in several ways. Gold can protect the value of your money from inflation, but crypto can fight inflation and make the value of your money increase. Of course there are risks such as fluctuating prices but I see crypto, especially Bitcoin, as slightly better than other assets at the moment.
Accumulating money in the bank is very risky because the value of the currency is getting lower due to inflation, apart from that we are not given the benefit of getting bunos from deposits from the bank but only a profit of 0.1% for monthly income, the bank gets a big profit from our money savings but they are very stingy in sharing profits with customers, but some people choose to keep money in the bank because they have no other choice in terms of financial security, currently there are lots of cases of robbery and we will become targets of robbery if we hold a lot of cash.

Of course, every crypto community will transfer all assets to be converted into bitcoin and the security of bitcoin assets is guaranteed if you store them in a hardware wallet, so the value of bitcoin increases every halving period and we will soon see ATH soon this year.

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February 09, 2024, 11:15:07 PM
 #64

It's not as easy as it may sound when you write it. You can't challenge the system because you don't have the power to stand against them. A small community cannot fight the whole system especially if they are doing things that are against the constitution and laws, and the government and authorities can easily use that against the community and even get them arrested or grab their lands and whatever they own even if they have to create fake cases against them.

Do you think that a government would allow every single community to create their currencies so that they can demand outsiders of that community to buy the money or currency to trade with them? That's not a way to get rid of poverty but it's the easiest way to create conflicts.
There are the complexities and challenges associated with challenging established systems, especially when it comes to matters as fundamental as currency and governance. Attempting to create alternative currencies or systems of exchange can indeed be met with resistance from established authorities, particularly if it challenges the existing economic or political order. Governments have a vested interest in maintaining control over currency and monetary policy, because it is a key tool for regulating economic activity and ensuring stability.

Creating alternative currencies on a community level may not necessarily address underlying issues of poverty and inequality. While it may provide a temporary means of exchange within a specific community, it may not be sustainable or scalable in the long run. It could potentially lead to conflicts and tensions, especially if it is perceived as a challenge to the authority of the state or existing financial institutions.

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February 09, 2024, 11:18:30 PM
 #65

Leave your goverment currency and issue your own Community money.
Good initiative, the police will catch you because you're issuing your own currency when your government didn't accept your currency as legal tender.
If that be what OP is suggesting, it’s a crime against the state and one that wouldn’t be handled with pity. It’s a betrayal of your flag and you would go in for it but, this isn’t what OP is actually saying if I understood OP correctly.

OP didn’t mean the persons from these producing part of the world having to create and issue a currency but, see the value of their products for a currency. Actually selling their products at a price that gives them great comfort and not follow any preset exchange rate.

If only that could work but nope. Don’t forget, the government is into farming too, giving out loans and creating policies about them, carrying out genetic engineering to get better breeds of food and cash crops. Having standard for import and exports. So long as you leave within the state, you must always be bounded by its rules.

R


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February 10, 2024, 02:38:12 AM
 #66

Let's be real, making a currency nobody else uses and the government ain't cool with is more trouble than it's worth. It's like starting your own language – confusing and probably illegal. Bartering's a different story, but then you don't even need a fancy new currency, right?

So, I gotta be honest, creating your own currency ain't exactly the smoothest move. But hey, I don't wanna rain on your parade entirely. Community currencies can be cool in some situations, like helping out communities struggling with the "regular" money game. Think of it like a local high-five economy, boosting local businesses and building community spirit.
added with countries that forbid the use of currency outside the officially established currency its gonna have some good sentence for those that tries to create their own currency.
every country law is different and this strategy mentioned gonna have some law implications. best chance to fight poverty is just to break our way out through the means that are already available or being provided by the government, for example is studying and getting a job, i think pretty anywhere there's way to get higher degree without the need to pay huge sum amount of money.
after all, what are we, just an individual that exists among other billions of people definitely we should just go with the flow not opposing how the world truly works.

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February 10, 2024, 03:35:52 AM
 #67

The bottom line is that people need education first to eradicate poverty. Whatever work you are going to do if you have proper knowledge or education on that work. Then it is definitely possible to get success from that action. Nowadays there is a need for education in agricultural activities as well. Hard work alone without education to get more results in agricultural work also does not bring success. If a person starts using his own money in his country then it is natural that he will be punished by the government of his country. And if a person acquires higher education he can develop his talent. Then that will be his biggest personal money for him. His "that" personal money will not be limited to the government of his country. There will be no end to his demand for this private "money" in any state of the world.

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February 10, 2024, 04:07:18 AM
 #68

Let's be real, making a currency nobody else uses and the government ain't cool with is more trouble than it's worth. It's like starting your own language – confusing and probably illegal. Bartering's a different story, but then you don't even need a fancy new currency, right?
Bitcoin was successful at doing just that, I think that it's a matter of positivity and at the same time utility of the token because if you create a token just because you want to without any predetermined purpose from the start then what you're saying is definitely the right thing that's going to happen. Also, your analogy of creating a language is confusing too because it's not that difficult or worth more trouble than it's worth if you know what you're doing, look at Ithkwil.



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February 10, 2024, 05:06:20 AM
 #69

No matter what government activities or policies are made, if you don't want to work or earn money, you will remain poor.
Even those who work hard every day are poor, let alone those who don't want to work and don't want to earn money.
We were able to see a big list of people who had succeeded in life though they're poor. It all happened through their hard and smart work. Even now we can see people working hard and unable to improve their financial status. This is all because of the lack of smart work. The previous generation relied much on hard work and now smart work plays big role. Everywhere the need for smart work has increased. When we look for the solution, education is the right choice.

Today's society needs guidance and socialization about today's life, because today's times are very different from the past, where the life of lower middle class people in the past was enthusiastic about earning a living, even though their work was in the rice fields, but they were prosperous at that time, the more advanced the times, the harder it was. the life of today's society, where farmers and sailors complain about market prices that are not in line with their expectations, nowadays it is increasingly sophisticated and the farmers and fishermen are screaming more and more, now the most important solution for society is to keep the spirit of working hard even though it now makes people scream, for young people who are still unemployed, remain enthusiastic about looking for vacancies and think about opportunities to make money, don't be lazy and lazy, they won't change their fate unless they change it themselves.

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February 10, 2024, 07:02:18 AM
 #70

I don't use Banks anymore i told my bank you are scam.
If system does not make you wealthy don't use it.

I Also told my bank you have so much money why don't you share % with me ? Becouse Im share holder of BANK if i invest in bank my money held by bank its Investment.
So they are crooks just becouse the people are use to with something doesnt mean it's honest by nature.

I don't know how it will be sweet for you to compose a lie to share with millions of people on these forums. You are still a newcomer with a bunch of activity without many merits. I'm sure this is what you do to make your profile unmerited by the forum members. I don't understand the zeal you are going to have in your country that you will confront your government and say they are scams. Even though you said bank, I believe the government owns the banks, so I think you should take your time and learn. However, the money in banks is not their money. People deposit funds in banks so they will help them hold it. It is not the bankers money, so I'm surprised that you said you told your bank why they didn't share the money.

Quote
So Communities If you got food you are blessed issue your own money and stop dealing with people who don't benefit you.
If you issue your own money and goverment come to buy with their money you can set your own rate higher so If they don't want then you sell to those who want.
Off course they want becouse everybody need to eat
So you make your own money and your own Community people all live Nice.

This is funny, so you think a single community can be able to create their own currency when there is a currency accepted by the government of that country? I don't know how this will make any sense for a community to create their own currency when there is another currency that people are using all over the country. However, don't you think that community will also go to another place and buy something because even if they are able to produce food for themselves, there are other things that they must buy in another place?

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February 10, 2024, 01:20:04 PM
 #71

So far I believe and indeed I feel that the presence of banks really helps people whether they are poor or rich and I think so far nothing can replace the role of banks in people's lives, some alternatives that look pretty good like crypto which on the other hand can make people know more and feel about its benefits in life but basically not all people can accept the presence of something that is considered to be a solution or savior, and of course for this problem it is the business of the government that has the power which of course can convince and increase trust in the community if it is necessary to make changes.
You really said this with confidence? Na! Banks role in the society is because they help the central bank, the government and the banks itself. None of the money banks has is officially their own, it's people money they use, allow people to save, borrow the same money to people with high interest and then give back little to no interest back to the people that save money. If there is one role the bank has played is the ability to send money from one place to another but are they even free? No, they charge you for it.

Crypto is absolutely for everyone, whether you are poor or you are rich, you will always be welcome to utilize your money with full respect, nobody charge you for anything except for the fees you pay for using the network which is normal everywhere, you don't pay for the protection, the people running the network are been compensated so you don't need to worry for another, unlike the banks that will charge you for depositing money into your account.
Exchanges are sort of like that as well when you think about it. Binance doesn't really have their "own" money in that sense. Banks do have their own money, when they charge you a fee, when they give you a loan and then you pay back with interest, all those are income that the bank makes.

Similarly, when exchanges charge you for withdrawal, the difference between what they charged and what the fee was, it's theirs, also famously the trading fee as well, billions everyday, even a small 0.05% makes a wealth. So all in all, they do make money from our money, but they do make their own money from our money in the end. I believe that it is still a business plan, and looks like it has been working for centuries with some crashes here and there.

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February 10, 2024, 01:44:32 PM
 #72

The problem is seven out of ten people in this world, live on less than $10 per day. Also, 5% of the global population, own 88% of the wealth.

There has to be a more even distribution of wealth for people to have a better life.

It is not all doom and gloom, because some of the richest people in the world has acknowledged this and they are giving away most of this wealth. (Bill & Melinda Gates Foundation)
This is not someone else problem but it's the problem of those who are struggling. Pretty sure they did something on why they are like that but it is not yet too late for them to change it. Those 5 percent who own most wealth, work hard for it. It's not only being distributed to them by god even though god didn't create everything in equal. It's nice to know that there are concerned rich people who wants to help the poor.

This should slowly clear their image because many of us thinks they are too selfish even though again, it was not their fault on why we are poor but it can be the fault of our government, as we know that many of them are corrupt.

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February 10, 2024, 02:11:16 PM
 #73

There is no way everybody in the country can live well without no poor people in the society because everybody has his or her own desire at the moment and for you to reduce such issues to allow the people to feel the positive side of the economic, is to invest more on agriculture, industries, roads and institution which are some of the things people are lacking these days.

Once there is a surplus industries in the world, it will definitely reduce poor people in the world because those industries will be accommodating numbers of people in the world to eliminate poverty for people to live a good live.

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February 10, 2024, 02:19:21 PM
 #74

This is solution, first they need to Understood the system does not serve their needs.
What they could do is start using their own Community money backed by food and fruits.
Becouse If your Community grow food you can never be poor poor people you see your goverment don't care, why you use someones money who don't care about you ?
Leave your goverment currency and issue your own Community money.
I don't understand your statement. Are you suggesting that people should stop using official currency and solely use their own local currency? You must live up to this vision of yours. For us failing to forget about government money will be problematic since, although we are growing some fruit and cooking our own food, we do not necessarily leave government money alone. It seems like you overlooked the fact that, in some areas, the government is also required to provide us its own currency without interfering with our own money.

Even community food cannot grow without the use of government property; fertilizer is required for healthy growth. I don't believe that community impoverished people can cease using government currency because most of them do not have their own personal money, instead they rely on the government to provide them with currency.


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February 10, 2024, 03:33:38 PM
 #75

And who should be the solution giver on the poor when everyone is quite busy on his own, we should begin to start with the eradication of the mentality of being dependent on other people or the government for our success, we have to take the responsibility for ourselves and start to tryout new things, we should work on our personal self, create time to discover more about ourselves, build a career profile or learn any valuable skill or trade to help us have something to offer that could get us earnings.
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February 10, 2024, 04:26:27 PM
 #76

And who should be the solution giver on the poor when everyone is quite busy on his own, we should begin to start with the eradication of the mentality of being dependent on other people or the government for our success, we have to take the responsibility for ourselves and start to tryout new things, we should work on our personal self, create time to discover more about ourselves, build a career profile or learn any valuable skill or trade to help us have something to offer that could get us earnings.
We need to realize from the beginning that we live in a harsh world and there needs to be survival if we want to survive because even though it sounds harsh but the law of the jungle system where the strongest is the one who survives is true only we don't really bring it up because it will be considered a complicated situation but in fact in the application in life this is true where we live based on caste and humans are classified into several economic strata.

But on the other hand this is also for the sake of maintaining the stabilization of the world so that it runs well because if everyone becomes rich then in the end no one wants to work and this will actually break the natural chain that should be well maintained.
Even though it will indeed feel unfair when we live below the poverty line but in the end it is a scheme that cannot be changed because if there are rich then there will definitely be poor but that does not mean we cannot change that destiny it's just that it will be very difficult to do if we do not have any strength in terms of finance and inadequate relationships then in the end we will continue to struggle in the cycle of poverty that occurs.

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February 10, 2024, 04:53:59 PM
 #77

To be able to get out of poverty, a person must have a strong desire and determination. It's useless if we keep talking about a way to get out of this condition to achieve prosperity and financial stability. If those we invite do not have the effort and do not want to get out of that condition.

The bottom line is that people need education first to eradicate poverty. Whatever work you are going to do if you have proper knowledge or education on that work. Then it is definitely possible to get success from that action. Nowadays there is a need for education in agricultural activities as well. Hard work alone without education to get more results in agricultural work also does not bring success. If a person starts using his own money in his country then it is natural that he will be punished by the government of his country. And if a person acquires higher education he can develop his talent. Then that will be his biggest personal money for him. His "that" personal money will not be limited to the government of his country. There will be no end to his demand for this private "money" in any state of the world.

Higher education will not be a guarantee that someone will be able to achieve success, but through education someone can know how to achieve success. And when talking about education, with so many people still being left behind and technologically clueless, it seems that education is still far from being equal.
And indeed, currently there is still a shortage of workers and experts in the agricultural sector, and there is no regeneration. This happens because young people today are starting to be reluctant to enter the world of agriculture, because they think that it is shameful and disgusting. And I am also a little confused about young people today, where they continue to sort and choose the jobs they will pursue, but they themselves do not have enough skills and abilities in the fields they want.

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February 10, 2024, 05:59:44 PM
 #78

A man's personal life can be managed only with as much money as is needed to manage it. When you are poor society will not appreciate you. So I have to fight all these battles to live a happy life and meet the financial needs of the family. Trying to grow fruits from the land made me tough because they are not easy jobs at all. As the amount of money increases, the scale of respect associated with it will increase more in this society.

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February 10, 2024, 06:02:24 PM
 #79

In a country where the government doesn't have the welfares of the poor masses in mind, then the poor masses have to take adequate responsibilities of themselves foreseeing that it you do not help yourself, no one would help you in as much the government whom are ought to be responsible in setting up firms and infrastructural amenities for the masses welfares has gone adamant and ignorant towards you the poor masses.
Meanwhile....as a lucrative poor citizen, you are opportuned to create your own wealth with the intense of your creativities such as the agricultures which are local infrastructures fitted in for every individuals to engage on.
Foods are essential commodities that everyone are in need of and by so, such amenities could offer one the chances to yielding incomes based on the patronage demands could be highly in needs of your products. And so, you would have all rights of your venture's terms and conditions applicable towards the masses.

It is likewise to let go unproductive pleasures and dispatch from people who are not supportively benefitial to your wills and distance from those who are not subordinate to attain you your desired heights and surround yourself with those on the same missions as you or mingle with those who are potentialed to utter solutions to your problems.
Poverty is in everywhere and it is important to figure out where the problem lies and how to handle the situation.One of the ways to help In my opinion is to create awareness and keep them informed.Keep them informed about the available resources,provide access to basic  
Amenities like housing,availability of food,healthcare services and even financial aid.And all these could lift poor people out of poverty.
 The most important thing here is the information,educational impact and awareness;educate them and teach them skills too as much as you can.The more skillful they become,the more people are willing to pay and the more money they'll make.Like they say "You won't give them a fish,but teach them how to fish."

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February 10, 2024, 06:20:25 PM
 #80

And who should be the solution giver on the poor when everyone is quite busy on his own, we should begin to start with the eradication of the mentality of being dependent on other people or the government for our success, we have to take the responsibility for ourselves and start to tryout new things, we should work on our personal self, create time to discover more about ourselves, build a career profile or learn any valuable skill or trade to help us have something to offer that could get us earnings.
If everyone thinks about themselves of course no one will think about the fate of the people around them, I agree with you, if we have to eliminate dependence on other people and must have the potential we have to survive and if we don't have the skills it will be better. It's good for us to learn skills that can generate income from the skills we have, because if we expect too much from other people, this will be very detrimental to ourselves, so we won't be lazy to try in anything because we expect too much from other people.
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