Post
Topic
Board Economics
Re: Can Bitcoin End World Poverty?
by
Vikingr
on 12/01/2018, 20:50:02 UTC
Bitcoin can not eradicate poverty around the world. Even if it is not bitkoin and another currency The whole world has always been divided into rich and poor. Dengi is not the goal. A goal is a person's needs. If a person sets a goal to get education to open and develop his business. This person will be rich. And if, for example, a drug addict or alcoholic also needs money. But their goal is different. Therefore, such people will never be rich.
True! Though bitcoin is not this much capable of eliminating the poverty from this entire world but still bitcoin is very much capable of helping number of people in making some good money and because of that having a really comfortable life. There needs to be some other technologies and facilities like that of bitcoin using which you can have some good money. That will reduce the poverty at larger scale.