Post
Topic
Board Economics
Re: Can Bitcoin End World Poverty?
by
Gheka
on 11/03/2018, 16:13:41 UTC
bitcoin cant end the world neediness on the grounds that bitcoin can't do it inspite of all speculators put resources into bitcoin yet not all end up rich and not all can put resources into bitcoin destitution is in there if all individuals turned out to be rich do you think our life is impartial? do you surmise that life is testing? That is the reason neediness can't end by basic help of bitcoin.

Yes indeed your right. Only limited status can really benefit the profit in bitcoin rise. From what i see those who are poor can't even access computers then how can day improved their living?

This is a fact, almost 100% of the poor can not operate computers and the internet while bitcoin depends on the internet so I'm not sure that bitcoin can reduce or eliminate poverty, the first thing to do is to make their intelligence index increase.
Yes, Bitcoin is a very modern technology, it requires users also need certain knowledge about technology, although it does not distinguish between rich and poor but if the poor do not have enough economic condition and they do not possess the basic requirements to work with it, it will not help them escape poverty. In addition, bitcoin is not popular, and working capacity of each person is different in the world of Bitcoin, wise will have money, stupid will lose money, that makes the rich and the poor remain balanced, so saying the bitcoin ending poverty in the world is still a far cry from reality