Post
Topic
Board Economics
Re: Can Bitcoin End World Poverty?
by
Indra32
on 19/02/2018, 05:24:23 UTC
bitcoin has great influence for everyone, I'm sure if everyone has a desire to learn bitcoin, then poverty in this world will decrease. because with bitcoin everyone can participate into it. without any requirement, unlike applying for a job in a company.

Bitcoin or any currency will not end such a thing just because it is profitable, people get a big profit from investing into Bitcoin but still, it will not solve the problem with respect to world poverty. The only solution to this is unity. And it will start with the people themselves.
Bitcoin is not a magic wand which will end world poverty. It simply doesn't have the power to end such a massive thing. Also bitcoin is not a payment system anymore. We have moved to a different goal long back, when the confirmation time increased and transaction fees hiked. These confirmation time and transaction fees is going to be increased again and again. So we will move from the initial goal further.

Bitcoin has now purely became an investment asset. IT can provide a huge return which any other conventional investment will never be able to offer ever. So I take bitcoin purely as an investment and a trading asset. I earn profit  and keep it for the future.


not necessarily everyone participating in bitcoin can be rich because not everyone has the same intelligence ... in need of intelligence to be rich with bitcoin ... you have to remember it