Post
Topic
Board Economics
Re: Can Bitcoin End World Poverty?
by
nightways
on 10/01/2018, 12:12:52 UTC
I think it depends on the situation. Bitcoin can only end the poverty of those who knows bitcoin,but those who dont know anything about bitcoin, they are always in poverty in thier entire life like on some places were technology have no room.

I don't think so. Bitcoin can help its user individually but not the world generally. Worlds poverty is a very big problem faced by every country. Not every country accepts bitcoin, so how could it end the worlds poverty,?
Let's just hope that every nation worldwide legalize and accept bitcoin, so that bitcoin can possibly reduce the poverty problem.
World poverty is a very big problem and bitcoin Alone cannot solve it out. Also, currency is not the reason behind this problem. By transforming physical money into digital money, how can we expect it to resolve poverty? But there is no denial of this fact that anyone having a little knowledge of computer and desire of earning, Bitcoin is the opportunity for him. It can help in improving his financial status.