Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin Really End World Poverty?
by
WatchMaker
on 19/03/2018, 09:13:01 UTC
Can bitcoin really do anything to solve world poverty problem? Brian Singer certainly think so. He thinks that Bitcoin can bring minimum everyday earning for people more swiftly than any other economy system.

Is it possible?

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
The short and only answer is no, bitcoin will not help to solve world poverty problem. Why? Because economical systems, regulations and laws are not the problem here. Humans are. People are so corrupt and flawed that they do not care about making this world a better place, they just care about themselves. That is why we will never have world without poverty, wars and terrorism. Bitcoin is nice tool but it is people who will be using it. That is the problem.
Absolutely, I also don't really the bitcoin will end the world poverty because the bitcoin is not free after all. People have to work for it to earn it and because of that, not everybody is skillful enough to work for bitcoin to earn it. And sometimes we forget bitcoin breaks people heart as much as it's making others rich. Bitcoin is not a win, win game all the time.