Post
Topic
Board Economics
Re: LETS KICK OUT POVERTY USING BITCOIN
by
Michael_Cox
on 07/11/2018, 17:20:22 UTC
So if we focus on the thread title "lets kick out poverty using bitcoin" i would
Love to know how exactly this is going to happen because i cant see it?

Those with lots and lots of FIAT can potentially have lots and lots of crypto.
How are those with very limited resources ever going to aquire a notable
amount of bitcoin?

This. Plus, even without using bitcoin to "kick out poverty", those who have lots and lots of fiat could have done something about it. Why don't they help the poor? And you're right. If you're barely scraping by every single day, how exactly are you going to be able to afford a single bitcoin? Unless some rich-ass person would donate a coin to you, it's impossible that this will ever happen.