Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin create an opportunity to reduce poverty?
by
Crypto Library
on 19/01/2024, 18:06:18 UTC
Bitcoin can definitely reduce poverty. There is a lot of unemployment in my country and I have seen with my own eyes many unemployed youths who trade bitcoins and earn cryptocurrency through bounties, signature campaigns and other means to support themselves and support their families. And these are possible only because of the advent of Bitcoin.  So I think that Bitcoin is definitely already playing a role in reducing poverty
Buddy in this point I will these agree with you because Bitcoin can't create any think it is just a currency I mean cryptocurrency. People have to make their own opportunities if you talk about Bitcoin then for investing in Bitcoin at first you have to have enough money for that.
And the unemployed people you mentioned who are making money from bounties and signatures are not actually helped by Bitcoin, they may just be getting their work paid in Bitcoin. So what I think bitcoin has nothing to do with poverty alleviation, bitcoin has to do with protecting privacy and enabling a decentralized economic system.