Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin help the indebted?
by
Eisenhower34
on 21/11/2014, 04:12:12 UTC
http://www.huffingtonpost.com/2014/11/20/american-debt-photos_n_6186756.html

What can Bitcoin do to help the plight of these people?

Bitcoin is money.

You are asking:

"What can money do to help the plight of these people?"

Money can't do anything by itself.  It requires people to use the money in a beneficial way.
This. There are too many people who think that bitcoin can solve all of the world's problems when this is simply not the case. Bitcoin has a very narrow level of usefulness and solving the issue of people being poor is not one thing that bitcoin is good for