Can token creation end poverty ?

in #blockchain7 years ago

I must admit that I am not in any way a computer engineer or programming maestro or anything related to
this exciting world of blockchain , cryptos etc .

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Imagine what this and every other crypto community can do ?. Sit back and forget about our own personal problems when there are millions of people who are hungry , homeless , lost , and desperate ! I know now that no matter what my problems are , there is always someone out there with bigger problems .

It's possible to create a coin and help those who need it the most .

Let me ask a couple of questions & raise some pointers to the community in general :

  • blockchain allows computers to solve complex mathematical problems to verify crypto transactions right ?

  • isn't it then possible to create a whole stack of coins and allocate a certain number of coins to an escrowed account for the purposes of poverty ?

  • I have read and correct me readers that it's possible to create coins until perpetuity ? Well it's sure as hell possible with notes ? Look what the FED has been doing ?

  • is it possible that we then allow a smart contract between the crypto creator and the builder of homes (as an example ) to build and house homeless people ? In the interim the crypto community work hard to create coins and pay in instalments to the builder ? Is that feasible ?

  • The number of coins can be allocated to each project for example ( fighting poverty ) creating a sustainable business that ensures that the hungry are fed on a daily basis ).

  • I'm certain that I have seen countless key players in the blockchain space that can put their heads together and create a system , in principle , similar to the one above .

  • I can envisage that cryptos will be lent in the near future at no cost . That will effectively either end the banking racket or force them to change the entire notion of lending . I've said that this previously , there is no such thing as interest or usury , whatever you wish to call it , it's an instrument created by ancient traders and expanded upon by globalist greedy banking elite . The cost of money has been very low , and it's now possible that the cost of money is zero .

  • Why was Bitcoin created in the first place ? That's tricky , but it has had a disruptive effect , whatever the reason for its creation by a clandestine group of people or the CIA , what ever the reason , its created a new revolution - one that's hard to stop . Remember life before the internet ? Me neither , even if I did memory fades , and it is unfathomable that one can live life without being connected ! . Crypto and blockchain is having the same effect .

It's my single biggest wish ,( apart from seeing my son happy and healthy growing up in this world today ) that the community at large in this blockchain , crypto sphere do something truly great and end something
that the world largely still ignores.

Helping those who need it the most should always be our duty . Peace 🙏🏻

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The banking racket as it today is the biggest organized crime syndicate on the planet. The second largest would be the governments that allow these banks to operate in the fashion that the banks do.
Change is needed for sure, and when that change happens ideas such as yours need to be explored and implemented. Crypto currencies, at the moment, are the only viable avenue for change that I could point to and support.
Education is the key to adoption of crypto, people need to be educated to how the current central banking system works and the crypto adoption process will gain favor with the masses.
Until next time,
@sultnpapper

Yes ..... completely agree .... got to read all your posts .. you make a very very good point .


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