Do you think cryptocurrency can kill poverty ?

[Tine0313 3053]

For me cryptocurrencies cannot beat poverty because there are a lot of factors why people are getting poorer, if all the people have sympathy to each other especially to the poor people then i think it can kill poverty.

[soupster 239]

it sure can, but that is depending on how wisely you use it. Cryptos has made many people rich and made them to sustain themselve financially but also shouldn't deny the fact that it made many people who were once rich completely poor. Use wisely and anyone can get out of poverty

[Tokyo 66]

It has a potential but for those poor who doesn’t have the means to put their thoughts here can’t. Let’s face the reality and not set aside the government. We can’t kill the poverty, poverty will kill us. 

[myaccount1 584]

19 minutes ago, Malu said:

That right, it will mitigate the poverty of the people that make an attempt into crypto to change their style of living

Yea the cypto currencies are really change the life style of people but the main thing is that if they have good knowledge about crypto currencies then i think that thing is possible .

[Corrado25 9442]

Poverty has always been. And I don't think it will disappear anywhere. It's part of our lives. Cryptocurrency cannot kill poverty. If someone claims that crypto currencies can kill poverty then why can't ordinary money kill poverty? Whatever is poor, you need to work. If you are not ready to work for ordinary money in order not to be poor, then cryptocurrency will not help you either

[SagingHilaw15 35]

For me, it would help kill the poverty. We all know that cryptocurrency isn't own by someone. Meaning, the values of every coins is not depending on a person or people. That means, even a poor can trade any coin that is affordable. 

[AL SHAIMON 1293]

Yes there are huge opportunity in cryptocurrency. People can easily earn money from cryptocurrency if he has basic knowledge about cryptocurrency and a mobile phone with internet connection. If anyone knows how to communicate each other he can earn money easily from cryptocurrency.

[Nicecrypto 543]

1 minute ago, Zigzag said:

Not really. cryptocurrency can indeed be used for anyone. But that does not mean crypto can eradicate poverty. Poverty occurs because of a country's economy. But indeed crypto can help grow the economy

Right, I believe it depends on the countries acceptance and involvement in Crypto currency that can determine that. If a country supports the use and trade of crypto and the general population gets involved, maybe even though they need the first initial capital for investment and the understanding to trade. But poverty eradication is much more than that.

[Sahbana 212]

It is not possible for this to happen, because even today rich people also play in cryptocurency. Still the same, the rich will get richer, the poor will get poorer because now money is everything. Those who cannot compete will be eliminated.

[Rares002 262]

No, bitcoin can't  end the poverty. Bitcoin is not here to save the world in poverty but at least it can help people especially those who are less fortunate including jobless to earn extra income for living.

[Martincryptoking 15]

As the awareness and knowledge of blockchain and cryptocurrency continue to increase, certainly the poverty level must reduce. Cryptocurrency is not about getting our money from the hand of our country, it is rather a means to get our country out of our money system. This is why poverty level must reduce

[Akbor 1042]

May be it will help to decrease poverty but it cant totally killed the poverty. when people who has huge amount also who has small amount  will help the poor people by donating cryptocurrency then the poverty will decrease. i have seen a coin which was only created for charity. the token was used the charity people.

[KrIsP.Kreme 40]

Maybe it will not end the poverty but it can help to those people who are needed for their everyday lives and it is make useful for them to come up in their life and make a good decisions in their life.

[ibtismanipun 120]

That's a matter of wonder if it does that. Cryptocurrency works same as fiat currency. So I don't think so this could be happened.

[Forbidden Capsule 9]

I think it cannot specially because it only varies on what will happen to crypto and poverty if crypto helps people and will stop poverty. Its also just impossible because that task is a hard thing and not all people know about bictoin.

[Rares002 262]

I wish you luck in your journey to make more money with trading. Just be careful and make sure you do everything as good as you can. It's not based on your luck if you have success, it is based only on yourself. 

[suzuya 945]

Crypto can not do anything about poverty since it is world wide problem. Only the government and people itself can help themselves to get out of being poor.

[FlatterCar 696]

I think that just cryptocurrency can defeat poverty, because it has everything for this. But here we must remember that if a country creates its own cryptocurrency, it will have to wait a very long time for its growth, constantly invest in it and so on, which is very bad for African countries.

[dmnqe07 365]

I think there is a possibility but not guaranteed, first of all satoshi nakamoto reason why he impose digital currency is to use it as a weapon againt's central banks who controls the money. satoshi nakamoto give us a chance to leave with this poverty but we need to do the hardworks and efforts, and in order to do that we must learn how to trade and know strategy's in order to achieve and success in our life. 

[rakib7970 217]

I don't think so. Most of cryptoes are holding by whales. That means the big fishes are strongly are involved here. Where whales are involved poor people can't make money and all money will be directed by them. look at this market situation right now. they are playing games with us. One day btc increases up to 2000k usd higher and after one day it decrease 3000k usd.

[FaithJoy06 170]

On 10/25/2019 at 9:33 AM, vlc39 said:

I don't believe world poverty can be ended until we abandon the capitalist mindset. The whole point of capitalism is that there are poor people. Bitcoin is just a value distribution system. It is a good system but still follows the capitalist mindset. If you want to end world poverty you need to adopt some sort of forced socialist system where wealth is redistributed to an extreme degree.

Yes cryptocurrency can kill poverty because in cryptocurrency someone can make their time and effort productive and someone can make their time and effort productive. Through cryptocurrency someone can be very productive and efficient. In this you can gain and earn so much money.

[SyntaxEr. 709]

Yes, cryptocurrency can kill poverty as long as you invest your money into the rightful project that will surely give a profit like a ripple and stellar.

[Kimmy So 176]

no it can't. you need to destroy capitalism first and by doing that, you can destroy the class struggle and that can end poverty. need to read communist manifesto and das kapital by karl marx in order to understand the society. 

[Raven 7817]

I think no, because poverty is the biggest problem. I think it could less the poverty but it can't killed the poverty. What i mean is crypto currency could help many people on their financial problems. That's for me. 

[rchres 414]

Bitcoin can prevent poverty, If people know and use Bitcoin as a work in trading and investing you can earn a lot of money and prevent poverty to those poor people. If they have work the poverty decreased not kill, It's prevention and decrease of unemployed and poor.