Post
Topic
Board Economics
Re: Do you think Bitcoin can end poverty? In a nation today
by
Bitco55
on 11/05/2024, 10:37:19 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.

Yes, Bitcoin has the capacity to end poverty in certain countries and for certain people. But, poverty cannot be completely eradicated. "The poor always be around ". It's not possible for everyone in the world to be rich, circumstances differ and while some people are desperately looking for opportunities to be rich, some others don't even want to be rich. Poverty can be reduced to a sustainable level to call it the growth and development of a country, but I don't think there's a country where every single person living in it is even at least able to take care of themselves. Everywhere you go, you will always find a few people who can't afford or spend over $1 a day.

So, in as much as Bitcoin may actually have the capacity to eradicate poverty in some countries, a lot of people stop themselves from being rich.