A thought. I have no idea how much human and child trafficking are tied to poverty. But I know a significant amount likely is. And if some day, as God willing, bitcoin rolls on and keeps spreading and being adopted, it could have a significant effect on increasing/stabilizing individual wealth among the very poor. And it could bring more justice and fairness to money, and thus to all of us. And so in a real sense bitcoin might help reduce human trafficking.
Now that’s very positive! 🧡 🤙🏽
This is a hopeful and optimistic thought. I agree that bitcoin has the potential to empower the poor and marginalized, and to create a more transparent and accountable financial system. However, I think there are some challenges and limitations to consider:
- Bitcoin is still volatile and risky. It can lose or gain value rapidly, which can affect the livelihoods of the poor who depend on it.
- Bitcoin is not widely accepted or accessible. It requires internet access, digital literacy, and trust in technology, which are not available to everyone.
- Bitcoin is not a magic bullet. It cannot solve the root causes of poverty, inequality, corruption, and violence that fuel human trafficking. It needs to be complemented by social and political reforms, education, and awareness.
Gonna have to mute you dude. The racist word on your profile page. No thanks.
