Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin create an opportunity to reduce poverty?
by
adzino
on 22/12/2023, 06:17:08 UTC
It been a big challenge in most country since the fuel subsidy and bad economy some country  are facing.A lot of people find it difficult to feed themselves and families, Now it Christmas season alot of people don’t have transport to go their various stats due to the high cost of transportation,  bad road and insecurities in some nation, some many lose intrest. As a good country the government should have free bus for less privileged to travel home for season like this.that why cryptocurrency should be taught free to individual with serious mind, with the rate of overpopulation and poverty in the country it something everyone or most people suppose to learn because the world is going digital and our currency is not appreciating compared to other currencies and the value is so low.that why am suggesting that Bitcoin and altcoin should be taught free of charge and the knowledge should be pass to the younger ones since they are the leader of tomorrow let see how it can reduce the rate of poverty or eradicate poverty entirely in every Nation. The world is suffering and Bitcoin should be introduced in every nation and should be freely
Not sure what does poverty have to do with crypto currencies. It's true Bitcoin and other cryptocurrencies can provide new opportunities, but it is for "investors" that can afford to invest in such highly risky volatile currencies. If you are suffering from poverty, crypto currency investment isn't for you. The only thing I can see crypto currencies helping in terms of financial aspects, is a "bank" for the unbanked people. But that won't magically remove poverty from their life. Bitcoin allows people to have control over their own "money" without needing a traditional bank. This can be a big deal in places where banking services are limited or non-existent. It does makes it easier for people to receive payments from anywhere in the world, potentially opening up new "job opportunities" from all around the world.