Post
Topic
Board Economics
Re: Can Bitcoin End World Poverty?
by
DOGE12321
on 10/07/2017, 01:50:27 UTC
I don't get it. Why do people post stuff like this. Bitcoin is not some magic method to rid the world of poverty. It is just a cryptocurrency. It is like every other currency other than the fact that it is decentralized. I don't see how this can aid poverty. The only way to get rid of poverty is by doing more philanthropic works like charity and providing aid to countries and people in need. Bitcoin cannot do this any better that fiat and the developed governments in this world. If fact, governments like the US, Australia and other developed countries have a better chance of reducing poverty than Bitcoin.