Poverty is a global case even though it is mostly faced by developing countries. "Poverty" may be defined as an economic condition of lacking money to carter for basic needs like food, shelter, clothing etc.
Nigeria is one of the developing countries with a larger part of the citizenry facing poverty.
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Poverty could be as a result of these primary reasons
Bad Governance
Diseases and ill health
Low economic growth
Crime and violence
Debt burden
Unemployment
Lack of education and resources
Other secondary reasons include
>The demand for labour is depreciating due to automation and outsourcing
>Paying less for more hours of work
>Inability to pay workers when due
Poverty they say can't be done away with even though everyone is offered a billion dollar, why because when others will be saving and reinvesting, others will be spending. Poverty is then a mindset and the easiest way to eradicate poverty is to change the mindset.
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The principle that leads people away from poverty is to
acquire money
Save
Invest
acquire again
Save again
Reinvest
And the cycle continues.
Developing countries find it difficult to acquire money due to the challenge of unemployment, paying less for more work hours and not being paid when due.
It's in record that over 50% of the worlds population is in possession of a mobile device and by 2020, 90% of the worlds population are expected to have a mobile device.
This simply means that quite a larger percentage of the world would join steemit in 2018 considering the rate of steemit meetups organized across the world to sensitized the public and educate them on how to be successful on and through steemit.
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Through steemit in 2018, one could acquire , firstly the mindset to eradicate poverty from the great original contents on steemit.
Secondly, one could acquire finance through author and curation rewards on steemit.
Thirdly, one could reinvest in steemit through the acquisition of steem power, upvoting services, buying and selling of steem and steem dollars, etc.
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If developing countries takes steemit as a job and not just a social media , then this could be achieved in 2018.
For on steemit, the only challenge will be power supply and data as there is nothing like not being paid when due or less payment for more work hours as you get paid based on your quality contents, diligence and work.
