Post
Topic
Board Economics
Re: THE BITCOINS AND THE UNDERDEVELOPED WORLD
by
stompix
on 18/06/2019, 08:14:11 UTC
~
I think i understand a bit your way of thinking,unfortunately mast of those who have a stable condition thinks same,at the end it is just you being afraid to get out of your comfort zone.Those developing countries earned thier respect thanks to those who had guts to fight for them and most where not directly concerned ,they had families as well...So children protection is not an excuse,at the end it is just a question of personal choice.

Just to make sure you understand.
After the fall of the Iron curtain, we as in my country were dirt poor compared to western standards even below some countries in Latin america and asia.
It was the f word socialist redistribution of wealth that brought us there. We got rid of it, we worked, and here we are starting to catch up with the westerners and even getting on par with Portugal.

Why should we take again a nosedive to sustain the 3rd world countries?
Let them do the same as we did, the whole northern part of eastern Europe is proof it can be done without socialist strategies and witouht begging.

@OP

Sorry, but helping the poor was never Bitcoin's main goal, Satoshi never mentioned economic inequality in his whitepaper, and attempts to do so in early days, like airdropping coins to the poor, would only cripple Bitcoin, and we would be where we are now if they were implemented. You can try to spread awareness about Bitcoin among the poor people, but I don't think it's a great idea, for many reasons.

Yeah, people are getting overboard with the whole blockchain crypto hype.
It's just a database and a currency.
It wasn't aimed at solving every problem humankind has.