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[AudraMiller]

There are many people that see the negatives when it comes to a cryptocurrency and as a result they are completely against the development of the cryptocurrency community within any financial infrastructure. However there are many people that to actually see the potential and profit that bitcoin and other cryptocurrencies are able to provide people and as a result it could be a major Factor in trying to overcome the poverty that we are seeing globally. Recently a news article has actually showing that Raoul Pal is under the impression that cryptocurrency will actually be the largest source of wealth for many people and as a result this can be a very good factor when it comes to stabilizing the economy and helping people in developing a positive financial position. What do you think about this development and do you think that it will actually help people in the way that many billionaires are actually starting to predict? Whilst he has not explicitly said that it will help to overcome poverty this is my understanding of his statement.

 

[Wisdom01]

Crypto currency truly have a lot of potential to stop proverty , because of the benefit many investors have benefited from the system in different ways

 

[crypworld]

Especially in developing countries and during these post COVID times, cryptocurrency can actually help to build up and revive the economy.

Either investing smartly, mining crypto or using them for day to day transactions there by saving a lot on fees, crytocurrency is the answer to solve the present financial crisis of every country.

 

[Balint098]

Not sure about this tbh. People still needs to buy or earn crypto. Sure trading can help, but without enough skill and patience, people may lose more than they gain from crypto.

 

[amgad100100]

Yes , you have right , it could prevent poverty by investing in these asset , here i speak about all Crypto , all people have a chance to got into that kind of investment opportunity .

 

[dorcasy]

There are many people that see the negatives when it comes to a cryptocurrency and as a result they are completely against the development of the cryptocurrency community within any financial infrastructure. However there are many people that to actually see the potential and profit that bitcoin and other cryptocurrencies are able to provide people and as a result it could be a major Factor in trying to overcome the poverty that we are seeing globally. Recently a news article has actually showing that Raoul Pal is under the impression that cryptocurrency will actually be the largest source of wealth for many people and as a result this can be a very good factor when it comes to stabilizing the economy and helping people in developing a positive financial position. What do you think about this development and do you think that it will actually help people in the way that many billionaires are actually starting to predict? Whilst he has not explicitly said that it will help to overcome poverty this is my understanding of his statement.

I graduated from school two years ago and it has not been easy seeing a job to start with, atleast to be able to raise good capital.
With 100 dollars I had in my binance wallet I have been able to make something worthwhile,I look out for newly listed coins and trade them on future readings,I was also lucky to benefit from an airdrop that boost my finances.

 

[Meklo]

Yes to some extent I can agree that cryptocurrencies can be a potential to reduce poverty only when cryptocurrencies many people try to buy there coins of choice now and keep for any rise in cryptocurrencies in the future.

 

[BullyMaguire]

Potentially? Yes. If people wants to make a better situation for themselves no matter how small the money you can start investing in crypto currency which has given us opportunity no other can give.. it's still on our own resolve and skill to be better but this is the easiest method

 

[MayorKayz]

Those that says that they are seeing the negative part in cryptocurrency, I believe that they are not seeing it well. Apart from the fact that cryptocurrency is anonymous, I don't think that there is any other bad effect about cryptocurrency. If we use the cryptocurrency well we will make profit and really make us rich like Shiba Inu

 

[BullyMaguire]

True, it is highly potential in solving problem like poverty and the government knows this as well, but the problem is that crypto currency cannot be control by anyone, it will for sure solve the problem of poverty, but it get full adopted by a country then it can also open doors for illegal transaction and terror funding, which will become a another big problem. In such case launching own digital currency by a country would be a good option.

That's also true, i think the only way it can work is the regulation of every country that is going to adapt it. That way they can make rules for the people not the crypto currency itself since while they have no control of crypto currency they can make people accountable for whatever they do wrong

 

[Skysaint]

In as much as I do agree with your assessment, I would also not want to be one sided with the matter right now.
Crypto currency has the power to stop poverty as you said and it also have the power to create poverty. It's just like fire, it's good when it's a servant and bad and dangerous when it becomes the master. So this is why we need to make our research properly before going into the cryptocurrency market.