Bitcoin was never meant to save anyone from poverty, but just provide an avenue for the un-banked portion of the society to still be a part of the growing e-commerce ecosystem and have a say on the global economic scene. True that bitcoin somewhat helped the redistribution of wealth in the world but the majority of its purpose was to be a global currency that knows no authority, limits and restrictions. It just so happened that people speculated the hell out of it having the value of what it has today.

Though Bitcoin wasn't necessarily invented to alleviate poverty, we can all agree that it has made some people very wealthy especially those who were able to start investing into bitcoins in its infancy stages. Am sure they didn't believe that it was going to rise in value as time goes on and now they are enjoying the profits and even those who started late have also been able to make some profits from it though it was made specifically for payments.

At least some folks really get my message in here. there is this tendency of we dumping or accepting cryptocurrencies in the near future and even if it's the latter it's still going to be way expensive for people to buy. In case any poor person decide to invest into bitcoin do you think he/she would have enough resources to hodl for even more than 6 months? That's why investment strategies are always a game of the well-to-do because they have several streams of income in their life.

  I agree, people act as if Bitcoin was a magical beanstalk that would grow by throwing your money at it. Durring the big pump a while ago when the market price reached the all time high, people where taking out money against their homes and emptying their savings accounts, then it crashed.
   It's just gonna take time for the sector to evolve a little more, I don't think crypto would do well mainstream to ordinary people, But one day perhaps.

I understand the OP in that link you've supplied did contend that Bitcoin could supposedly "alleviate" poverty but outlined only just three phenomenons that causes poverty and cites Bitcoin as a solution where in fact, there are different factors that can cause poverty which cannot be resolved by Bitcoin alone!

I do not think Bitcoin can solve unemployment,  overpopulation, conflict or war, disasters, etc., all of which are also causes of poverty. Imho.


Yes. I also meant "Manna" is food which is referred in the Bible. 

Certainly, Bitcoin had not been invented and adopted for the sake of eradicating poverty. In the first place, nothing can really erase poverty from the face of the planet but we can just minimize its impact on people. There are many tools and programs that anti-poverty groups/agencies are using to address this problem and some are effective and some are not. However, if you happen to be one of the many who acquired your Bitcoin during the faucet days and you hold on to them, then I am sure if you were a poor guy before you can now enjoy the riches you might be dreaming of. And that brings us to another misconception that Bitcoin is a get-rich-quick scheme and so when it failed to bring the money to people (or some speculators) the conclusion is that Bitcoin is just another scam. Personally, I don't see any wrong with us desiring for money because that is given, considering that we are living in a costly world where inflation is eating up our income, but looking at Bitcoin this way is just like looking at a coin in one angle. Maybe it is not Bitcoin's job to fight poverty but the blockchain technology may offer some help directly or indirectly.

Can we blame them? A lot of people have never been exposed to a "currency" that increase in value of time, so when they see this for the first time and they compare it to their local currency, then they think it is "Manna" from the sky. A lot of people in third world countries are experiencing hyperinflation, where the local fiat currency are losing value every day and this is a God send for them to find a currency that holds it's value and even increase in value over time. 

So, let's ignore all the negative criticism and appreciate what Bitcoin has to offer the people who are suffering with hyperinflation. 

You have a point but let us not forget that bitcoin nowadays is much more considered to be a store of value rather than as a for of payment. It means that people are into bitcoin because of the potential profit through trading.  Also let us also look at monetary inflation and economic collapse and that bitcoin can be a tool for them to escape poverty. I dont say that universally bitcoin could get rid of poverty but I am also not saying that it does not have the potential to help people alleviate poverty.

I have this feeling that he knew that it will become valuable because why would he create a very limited supply and cannot be modified and altered, there is none of his writing that tells us that it will get rid of poverty, and yet it was created to be that way, once it become valuable people are more than willing to engage in buying and selling and storing it and create demand.
That is why it become a tool to make money and get rid of poverty.