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Topic: Are bitcoins only for the educated and knowledgeable people only? - page 20. (Read 11907 times)

member
Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.

How about you guys? Is it only for the educated and knowledgeable people only?

That a kind of disadvantage for Bitcoin,only the educated can access and use Bitcoin,thatmigth be a major setback for cryptocurrency
full member
Activity: 350
Merit: 100
For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.

How about you guys? Is it only for the educated and knowledgeable people only?
Bitcoins are not for the educated and knowledgeable people in the general perspective. However, a potential investor needs some level of knowledge and understanding about bitcoins and how they are traded before he/she commits himself into it. I strongly believe its there for those who are willing to learn and research about bitcoins and not necessarily degree holders
member
Activity: 448
Merit: 10
Its depends on people who is interested in bitcoin, I think if educated and knowledgeable are willing to invest in easy proccess they want to achieve.
It’s a very good question and the answer is in yes and no why its yes when if someone is educated so he can use it easily and also he can earn a lot of money from it because there  a lot of thing to understand and for that education is important and no is for those people who are not educated because if someone don’t understand about trade and investment so how he can earn but I think there is a little possibility for uneducated people as well if they have money so they can give to someone invest.
newbie
Activity: 32
Merit: 0
Of course not, you don"t need to be educated in BTC, I think bitcoin is for everyone who wants to grow and earn!  Roll Eyes
legendary
Activity: 1288
Merit: 1043
:^)
I don't think so bitcoin is for everybody who are willing to join the forum and has the knowledge and ability to understand about the forum even thou she or he didn't have a college degree.
and since when does the forum itself equate to bitcoin? you spammers never actually read the garbage that comes out do you?

The IRS now classifies cryptocurrencies as "property." I found this paper helpful for understanding the tax implications/issues: https://scholarship.law.duke.edu/dltr/vol16/iss1/1/.
I skimmed over the paper, seems it slightly covers what i already suspected would if a tax system were to be implemented: it would mostly consist of employers reporting salaries and wages paid in bitcoin onto w-2 and 1099 forms, and even touches on how differentiation pertaining to the constantly changing price of bitcoin. the paper is a great outline on how things would likely proceed if an actual tax code were to be implemented, and it's heading in a generally good direction.
newbie
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The IRS now classifies cryptocurrencies as "property." I found this paper helpful for understanding the tax implications/issues: https://scholarship.law.duke.edu/dltr/vol16/iss1/1/.
newbie
Activity: 7
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Does anyone know how Bitcoin is taxed?
member
Activity: 140
Merit: 10
Feeling Relax in Underpressure
Never. any people who interest in BTC can use. No limites age or educational level. joining and using BTC network is so simply.
If any person don't have knowledge in BTC person can get knowledge easly by using internet. A lot of videos appier in youtube
newbie
Activity: 14
Merit: 0
Educated or not. You can take part of bitcoin. Just make sure to seek assistance from people around here
newbie
Activity: 140
Merit: 0
Bitcoin is for concerning past the educated are mostly the dexterously-off people together in the middle of our societies they are likely to won more bitcoins than the land. Secondly it's operation require some tiny computer skills and technological skills and this the uneducated will locate hard adjusting to. 
sr. member
Activity: 2590
Merit: 452
Enjoy 500% bonus + 70 FS
bitcoin for everyone who wants to go ahead and grow. bitcoin just needs someone who is determined to know bitcoin more deeply, not necessarily for educated people and knowledgeable high knowledge.
Bitcoin is not for certain people or special people, bitcoin for everyone who wants to succeed or wants to improve his life for the better and it all depends on the spirit and desire that can trigger to try to be able to join bitcoin because I think bitcoin is more appropriate in owned by people who have a low economy. so I think the bitcoin belongs to everyone who wants to improve his life and improve his economy, all must have a real intention and not give up easily.
member
Activity: 239
Merit: 15
For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.

How about you guys? Is it only for the educated and knowledgeable people only?

of course not, everyone has the same chance and I think bitcoin is not just for educated people but everyone with different background can join bitcoin, whereas bitcoin science can be learned later

The word 'educated' is broad and has different level, the OP doesn't clearly state what level of Education he refers to.

If non educated, even Reading and browsing the net could be difficult Lol Cheesy
full member
Activity: 420
Merit: 100
For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.

How about you guys? Is it only for the educated and knowledgeable people only?

of course not, everyone has the same chance and I think bitcoin is not just for educated people but everyone with different background can join bitcoin, whereas bitcoin science can be learned later
full member
Activity: 126
Merit: 100
Yes, it's not only for educated and knowledgeable people. Even a teenager can do it. You don't have to be smart to do be a bitcoin trader, all you have to do is watch videos on youtube and you can become an expert trader on the following months or weeks.
hero member
Activity: 3024
Merit: 629
Educated? not necessary, knowledgeable?,yes.
Just having knowledge in using and browsing the internet you can understand bitcoin. Bitcoin is something understandable if anyone is willing to learn. It does not need to have a degree in college to use bitcoin.
Thats true, as long as you understand what bitcoin is and how does it work then you can use or invest in it. The person who teach me about btc doesnt finish his studies and learn through self study. He is an example that you dont need to be an educated or degree holder to learn bitcoin or any other things, what matter is you strive to achieve your goal.
full member
Activity: 700
Merit: 100
Educated? not necessary, knowledgeable?,yes.
Just having knowledge in using and browsing the internet you can understand bitcoin. Bitcoin is something understandable if anyone is willing to learn. It does not need to have a degree in college to use bitcoin.
member
Activity: 350
Merit: 16
~bitcoin enthusiast~
No, it's not. It is for people willing to take a risk and firm believers in technology. Most of educated people I know think this is either hype or scam. They quote Morgan Stanley CEO and other experts spreading ridiculous FUD. Like after listing at CME bitcoin will crash like to 1000 USD. Where is a logic it it? Well, trading need experience more than education. And some luck as well.
member
Activity: 672
Merit: 10
I think this is a wrong assumption, bitcoin can not be said only for education but as a future investment, even one day will beat banks in terms of transactions.
member
Activity: 336
Merit: 20
Obviously not!!Bitcoin is for everyone... anyone can buy it now and use it in future to become rich and fulfill dreams.
full member
Activity: 221
Merit: 100
For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.

How about you guys? Is it only for the educated and knowledgeable people only?

I don't really know what i mean is if you're from other country which their language isn't english they can't easily understand what others are saying and you have to post something like in this forum by english language and others who doesn't know english can hardly do that. Well it doesn't mean you have to be a degree holder or educated but it is important for a people to be knowledgeable he might be scammed or something if he's not knowledgable enough. That's only my opinion though.
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