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Showing 4 of 4 results by Taby
It is easy for the charity but I do not think that blockchain can stop the poverty. if there is no poverty, there will be no rich people. I believe that both wealthy and poverty have to exist at the same time. That is how life works. Everything has to have both side
Unfortunately, I agree with you.
For thousands of years people lived in hunter-gatherer societies that were egalitarian.
There was "poverty" at that time, but it was not created by a human factor.
Concept of profit and wealth came with development of private property, 10.000 years BC I guess.
From its very beginnings (in ancient Mesopotamia/Iraq) business served as a driving force of history - it generated new ideas, pushed technological development, even cultural development. In the same way as today. On the other hand, it has created and maintained "artificial" poverty for centuries. So, it's weird. In a way, poverty is the price we pay for the progress that we enjoy today.
But, in a long historical perspective - poverty is just a concept.
For thousands of years, slavery was a legal and normal thing, today it is not. Polytheistic religions have been normal for thousands of years. Before capitalism, there was feudalism and so on. People have used a bunch of things as money throughout history, and now we are in the crypto currencies.
So, I think the concepts gradually grow old and die of old age.
Finns already experiment with it - trying to introduce guaranteed minimum income for everyone.
using it in charity and reducing poverty in the word are two different things. the later is impossible with blockchain technology and there is nothing it can do about it. but the former (using in charity) is in fact one of the best ways t hat you can use a decentralized public ledger such as bitcoin.
as an example of this you can check out BitGive[1] which is a "an American nonprofit organization that solicits bitcoin donations for use in charitable causes." it basically uses bitcoin and the fact that the transactions are there for the whole world to see to be transparent about the money that it has received and where that money is being spent. this organization has been working for about 5 years now.
apart from the transparency there is also the fact that it is easy and global to receive donations as a charity when you are using bitcoin. and it is cheapest way of donating money not to mention you can donate any amount that you can, even as small as a couple of cents something that is not possible through banks.
[1] https://www.bitgivefoundation.org/
as an example of this you can check out BitGive[1] which is a "an American nonprofit organization that solicits bitcoin donations for use in charitable causes." it basically uses bitcoin and the fact that the transactions are there for the whole world to see to be transparent about the money that it has received and where that money is being spent. this organization has been working for about 5 years now.
apart from the transparency there is also the fact that it is easy and global to receive donations as a charity when you are using bitcoin. and it is cheapest way of donating money not to mention you can donate any amount that you can, even as small as a couple of cents something that is not possible through banks.
[1] https://www.bitgivefoundation.org/
Thank you very much for your time and effort!
I was thinking of reducing the poverty associated with larger donations.
I believe that people would make more donations if the process is more transparent.
I watched the report about children from Kongo that are abandoned by their parents on the street because there is no food for everyone in the house, so I was inspired for this topic.
In a meantime, I also found an intresting project launched by UNICEF.
https://futurism.com/hopepage-crypto-mining-charity/
For the end, let's hope the crypto-world will become a better world for everyone!
Cheers!
In a meantime, I also