Do you think cryptocurrency can kill poverty ?

[Aereen 456]

I think it is impossible to kill poverty, as long as there is greed in this world. It is going to be very hard to kill poverty. But who knows if we work together and make it work, it might. 

[sidik7 1217]

im sure cryptocurrency will change that , because even now it has begun to appear that crypto has changed everyone' financials for the better. but all people need to know overall in cryptocurrency.

[Aereen 456]

On 10/25/2019 at 10:55 AM, starwill said:

Maybe it will not end with poverty, but it will help to level the living conditions a little by providing possibilities for profit and being able to work from wherever you are with the resources you have at hand.

Yes I truly agree with this one, people from the third world countries are deprived of technology and that would mean they could not access on how the these cryptocurrencies work. 

[lucky80 1046]

On 12/10/2019 at 2:39 AM, Pearls Before Swine said:

Oh here's a topic that I've seen a few times before on bitcointalk.

 

The answers are usually the same: there's no way for a form of money (bitcoin) to solve the poverty problem.  It might help the unbanked population, and it definitely makes it easier for people to send money back home when they're working in a foreign country, but it's not going to help anyone who's got no money to begin with. 

 

You might as well be asking if gold can eliminate poverty.

And what is your answer? 

 

On 12/10/2019 at 4:17 AM, Emmychris said:

I think bit coin can help limit poverty

What do you mean. Give me an example?

 

On 12/10/2019 at 5:58 PM, Aereen said:

as long as there is greed in this world

And that is why we will use blockchain to limit human nature. Didn't you understand what this is all about?

On 12/10/2019 at 11:20 AM, huyasdad08 said:

This is a really distant idea. I don't think so. Many poor people don't even have access to the internet, why use them,

They will have access to anything if they receive the donation from tax or rich people. They don't have to use the internet now. 

[lucky80 1046]

6 minutes ago, Pearls Before Swine said:

My answer would be that no, gold isn't able to eliminate poverty

Unrelated to the topic. I ask about the cryptocurrency.

 

8 minutes ago, Pearls Before Swine said:

This question is asking basically whether money can eliminate poverty

Again, cryptocurrency not money.

 

9 minutes ago, Pearls Before Swine said:

which I find silly

We are not talking crypto as money but the whole system. Don't change the subject with your silly mind. 

 

[Emma 611]

On 12/10/2019 at 1:18 AM, littledi059 said:

Somehow poverty is profitable for some countries' governments because otherwise people would just leave them. So they won't let crypto get really popular and without any control. But now it is a really good instrument thy can help lots of people 

Yeah crypto is an excellent tool at present. many people are learning about crypto and investing here. they are being successful to earn good profit

[Opinder 1310]

I do not think crypto currency kill poverty. Actually crypto currency is the game of rich, educated and clever people.Poor people  are illitrate,  they could not get proper knowledge about crypto and most of the time they will be victom of scam. And they will remain poor.

[febriyana 934]

I think cryptocurrency will not effect to anything. Because what make poor keep poor again is from themself.

I just see poverty basicly is because wrong mindset. That poor people is never accept new thing.

So what you thing about cryptocurrency, is it new thing or old thing?

Sure new thing! Poor people don't want learn anything like complicated, they only think what they eat today. If you force them to learn cryptocurrency, i bet they will giving you many reason. For example i don't have computer, i don't know about internet, i scary that is scam, etc.

So overall cryptocurrency is only for who want accept new thing and believe revolution in technology.

Edited December 14, 2019 by febriyana

[TheRunnerz 0]

I really hope so

[Dinesh09798 283]

I don't think crypto will finish poverty, because poverty is never ends in this world. There are many rich countries but they also have beggar people. So i do not think crypto will finish poverty.

[Ufra 197]

The cryptocurrency is for all people of the world. It is for all rice and poor people. Some of cryptocurrency coins are profitable in which can invest everyone like poor or rich. It depends on the knowledge of cryptocurrency.

[patitaycute 648]

I think crypto currency can lessen the percentage of poverty in the world and crypto currency can solve the problem in jobless people that may help to buy a food in daily life.

[Sohel Rana Sazzad 453]

Yes, of course, crypto can make the country free of poverty because it is easy to make more money in less labor, which has become very popular and is being used by every country day by day

[Ankit Nepal 719]

Yes definitely cryptocurrencies can end up poverty but for that there must be internet connection and there must be skill to use it. But many people lack so in some perspective it is impossible.

[cryptozalmii37 257]

I don't think so crypto currency is very risky way of investment now a days scam are very much common in crypto which may cause lose to unliterate and innocent people well lets see if new laws come in to act then it could be useful weapon again poverty

[Mi2 5]

in my opinoin - it can't. With so many scammers and greedy persons in this world. Look, everyone wants to be wealthy for their own self interest only.

[Interface User 1070]

Yes, maybe it can kill. But is this concept of crypto currency is known by some poor people? Because if not, this is challenge for them. I hope education help them in this part.

[KryptoHunter 57]

Poverty will alive always, without this people can't exist.

[Benjamin 84]

I think no because this is not totally the answer to poverty, its just a source of income in daily life expenses and we can say that you can earn a big profit here but not everyday you can get some big profit, and in terms of things needed to earn here is they cannot afford it because they are just poor.

[Kventin 245]

I think cryptocurrency can significantly improve the lives of many people. This is a good source of income. I sincerely believe that cryptocurrency can reduce social inequality.

[Naylor89 1223]

I think this is possible. the Internet has solved the problem of mismatched information, and in my opinion Bitcoin has the potential solve the problem of mismatched resources. 

[Roomi 1119]

I think yes. Its a revolutionery element. If a man get some income and increase it by learning strong skills in cryoto he can be rich mab

[vivek jain 308]

yes,i believe and think that cryptocurrency can kill poverty.we all have seen cryptocurrency has potential to grow huge in coming times.even small amount invested today can make you millionaire in few years.biggest example is bitcoin.

[Iriswolfgang 200]

On 10/25/2019 at 8:37 AM, Cryptohash said:

Fiat currency is there for a long time but it always makes poor people get poorer. Where the rich get richer? Will cryptocurrency break that quote in the upcoming day what you think about it share your views about it?

Possible if there's a Perserverance and Hardwork. Nothing in life get's easier . who knows cryptocurrency is the answer. and perhaps, i guess there's a user here who used their cryptocurrency to help other who are homeless and poor . 

 

And another thing, almost people has a Smartphone so they can easily access like this site. 

[Muhammad atif iqbal 569]

Because of crypto trading many people are currently generating incom Even those people who are geting jobs they are working on it. Poverty not end But it will less poverty