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.
Poverty is a complex issue, and Bitcoin alone cannot eliminate it. However, it could be one tool in the fight against poverty, although its potential remains largely theoretical.
Bitcoin might help by providing financial access to the unbanked, especially in areas with limited banking infrastructure. It could also facilitate cheaper, faster remittances for migrant workers, and act as a hedge against inflation in regions with unstable currencies.
However, access to Bitcoin and the technology to use it remains a significant barrier, especially for those in extreme poverty. Additionally, Bitcoin's high volatility makes it an unreliable solution. Relying on price increases for poverty alleviation is risky and unsustainable.