Post
Topic
Board Bitcoin Discussion
Re: Bitcoins and it's potential
by
BD Crypto
on 29/06/2023, 16:30:25 UTC
I think bitcoins will go long way to reduce poverty if they allow it achieve it's purpose.  Reducing poverty in my context is not about profit but the peer to peer transaction mechanism.
You can say Bitcoin can reduce poverty for the seleted people who are risk takers. Reducing poverty doesn't mean anything with the machanism of peer to peer transection. To reduce poverty of a country need to reduce unemployed people and convert them to employed. Bitcoin is a digital currency which can be a good investment but when your country have a problem of poverty how they can invest in this for long term and most of them will be discouraged or they will not be able to gather some assets by reducing their daily costs.