CAN CRYPTOCURRENCY REMOVE GLOBAL POVERTY???

HELLO UPTRENNDIANS


Poverty is hunger, which affects all the nations in the world. we are living in modern society but still, some people who don't even have shelter. the population of the countries is the biggest reason for poverty. Governments don't have enough jobs for their citizens. in my country, more than 1 lac students graduated per year but only 5000 to 10000 job vacancies offer per year. the rest of 90000 are jobless and this has become a reason for poverty. because of the fewer jobs, some of them became criminals.
 Cryptocurrency can remove global poverty if all the countries start to accept blockchain technology.  people can earn a good amount just by using mobile, people can earn by trading, writing articles and there are many ways to earn cryptocurrency.


many students can't afford their studies and also don't have enough time for a part-time job but they can earn a good amount with the help of cryptocurrency and afford their studies.


Corrupted Governments are not ready to accept blockchain technology because it's not beneficial for them and they banned cryptocurrency without realizing the importance of cryptocurrency. this is the reason behind the lack of awareness among the peoples.


more than 50% of people in the world don't know about cryptocurrency because of a lack of awareness.


CRYPTOCURRENCY CAN REMOVE GLOBAL POVERTY IF GOVERNMENT REALIZED THE IMPORTANCE OF BLOCKCHAIN TECHNOLOGY.


image source:https://images.app.goo.gl/enBS18icuTjkqLMW8

COMMENT

21

EngrSamest .
20 Nov

Cryptocurrency  had did that, is doing this and will.continue. in case of Indonesia, if not for Crypto , the government makes there traditional currency useless but Crypto rescue the community.

I can testisy how this has help many also in Nigeria and some other countries, so Crypto had, can, and will continue to eradicate poverty.

10 REPLY

19

Imo Clement Ekuma
20 Nov

YES because crypto is giving power back to the people, and you know what that means.

just like uptrennd  is its mission not to eradicate poverty ?

9 REPLY

22

Sincere Helper
20 Nov

Yes the mission Uptrennd is the real solution of the poverty but to spread Uptrennd 1UP token and other CryptoCurrency voice in whole world is the target.

2 REPLY

8

Luiszandro Arevalo
20 Nov

This issue is very pragmatic and ethical, the large consortiums and companies including banks know the potential of cryptocurrencies, so they must under their own judgment of fear of their business, grant financial freedom to potential customers, it would be important and Of course large sums of money, of course it is somewhat more lucrative to maintain the system that has given them worldwide control for years.

I believe that cryptocurrencies can change that scenario for the good of people, but first of all education is essential, I liked your article, keep it up, greetings !!!

9 REPLY

30

preview not available Dotun Awosika Deetee
20 Nov

The poverty level around the world is really devastating. I am certain with us all standing to resolve the issues in our communities and help the less privilege, just uptrennd is alleviating poverty through creating means of paid contents for all.
We have to stand to make impacts and not be like the same governments we blame.

9 REPLY

24

preview not available Victoria Haruna
20 Nov

Can cryptocurrencies really solve the problem of poverty? I don't think so.  lol

I would rather say Blockchain technology can try to solve the problems of poverty due to various opportunities that it gives. 

9 REPLY

17

Sam BTC
20 Nov

I am with Victoria on this one.. If we look at BTC after 11 years just look around and see how much BTC is held by USA and Europe and how much has reached poor countries.

Blockchain is the real solution as it is an incorruptible mechanism which can help remove malpractices like govt corruption, election manipulations, and politicians swindling public funds. Once these are fixed poverty will automatically disappear.

8 REPLY

24

preview not available Victoria Haruna
20 Nov

You just nailed it buddy

1 REPLY

30

Cryptovato 1
21 Nov

Victoria and Sam, I disagree with you a little on that, it depends on  how much you are willing to go for it. There are people like us, just being on Uptrennd/Publish0x/Steemit earning cryptos for free, even breaking the established rules by the society for what is good/acceptable or even risky.

 The biggest problem in my opinion is that people are afraid to get out of the comfort zone; in my country they love to complain about all the economic situation but very few people do something to change it. Another thing would be also the fear of something new, or the generational gap.

4 REPLY

24

preview not available Victoria Haruna
22 Nov

Lol. The blockchain technology brought about the Cryptocurrencies and projects.  The credits should be attributed to the blockchain and not Crypto. 

1 REPLY

30

Cryptovato 1
22 Nov

Ok, here I agree. Thanks for the reply.

0 REPLY

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