Post
Topic
Board Economics
Re: Do you think Bitcoin can end poverty? In a nation today
by
Yukyzu
on 17/04/2024, 00:47:15 UTC
For me proverty is not the problem of a person but of the whole nation in my country the eradication of poverty has becomes necessary for the sustainable and inclusive growth of the let state the fate here Bitcoin has helps the poor by Increasin their savings and access to capital also it has help around 1.7million people in my country and also it has also impoverished people to control their investment.
if you think bitcoin is a toll road for someone to be free from poverty then I don't agree with that, bitcoin does help someone financially but that doesn't mean bitcoin can immediately make a poor person rich because being rich is a combination of perseverance - skill - patience - luck

however, Bitcoin is a good alternative if someone who is poor wants to change their economy and become rich, meanwhile knowledge must also be continuously upgraded, this is important because it is impossible for someone to become rich if their insight is not broad.
What makes someone get out of poverty is not Bitcoin and I agree with what you say that those who have the skill and patience in collecting Bitcoin will of course be able to make a profit from the Bitcoin they hold, because without patience and skill in collecting Bitcoins, of course they will find it very difficult for them to earn income that can change their lives for the better than before and developing knowledge about Bitcoins is very important so that we can continue to make profits from collecting Bitcoins.