Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Can Bitcoin create an opportunity to reduce poverty?
by
GiftedMAN
on 19/01/2024, 21:28:07 UTC
⭐ Merited by fillippone (1)
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
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

Bitcoin can do more than what you just said if the people who earn through bounties and signature campaigns save up money to own some Bitcoin, the total number of people who's into bounty hunting and signature campaign can't be compared to the number of persons who don't have access to smart phones and laptops which can be used do all the signature works and bounty hunting.

If people are not earning through the services they render on the forum and they don't hold Bitcoin which can elevate them when the price goes up I don't think it has solved unemployment problems because not everyone will benefit from it.