Topic: Bitcoin and non-formal workers - page 3. (Read 355 times)
I grew up in a country with many limitations on technology, but in recent years the crypto industry has really been a place to attract people's curiosity. Although it is rare to see people talking about it, I always see top projects from my country go international. As I am personally exposed to this field, I also only have a few friends to exchange knowledge with, I remember that before I was a student when most of my friends heard me introduce it. I always get things like 'scam' 'nonsense'... And now they still have this view of the market, but I find the numbers you mentioned it to be counterintuitive as well accurately reflect this work environment with current society.
When it comes to where I live, lately I've started hearing in my local media that after the rise of Bitcoin a lot of politicians and officials are also starting to like how they view crypto especially Bitcoin as a good hedge. Maybe they know better how fiat to their wealth is threatened by inflation. I don't think they save from the wealth tax they have. it's up, because of their money. Gradually it turned out that those who worked as formal workers could not forever be crypto traders, and decided to become long-term investors.
Then in my own immediate environment, most of them are friends, relatives and people who work informally who have already traded crypto. Even my family and I are no strangers when we get together we often discuss about the coins they trade. This is very funny and not a few of them joke about the meme coin. I prefer weekend atmosphere, because that's when we talk to each other and evaluate each other's portfolio while showing off and having fun.
Then in my own immediate environment, most of them are friends, relatives and people who work informally who have already traded crypto. Even my family and I are no strangers when we get together we often discuss about the coins they trade. This is very funny and not a few of them joke about the meme coin. I prefer weekend atmosphere, because that's when we talk to each other and evaluate each other's portfolio while showing off and having fun.
Since 2014 until now I have noticed that bitcoin and the crypto industry has grown very rapidly where currently its market capitalization is a testament to the successful growth of this industry.
I have been here and around people who support this growing industry such as traders, investors and bounty hunters and others. One fact about these people is that 90% (maybe more) of the people I know who support this industry are not formal workers who usually work as government employees, but they are non-formal workers working part time in some real businesses. There are only 2-3 out of 20 people (not the actual number) who are formal workers as government employees who are currently still trading crypto at my place to this day while the others are non-formal workers. What about those you know in your country, does this happen in your country and the people you know? I don't think there are any restriction governing formal workers involved in this industry as investors or traders.
I have been here and around people who support this growing industry such as traders, investors and bounty hunters and others. One fact about these people is that 90% (maybe more) of the people I know who support this industry are not formal workers who usually work as government employees, but they are non-formal workers working part time in some real businesses. There are only 2-3 out of 20 people (not the actual number) who are formal workers as government employees who are currently still trading crypto at my place to this day while the others are non-formal workers. What about those you know in your country, does this happen in your country and the people you know? I don't think there are any restriction governing formal workers involved in this industry as investors or traders.
Maybe this depend on country where you are on since there are several country ban bitcoins so obviously most of their citizen doesn't know about its existence and if they know they tag it as suspicious currency or a scam due to several types of bad impression made by certain people and mainstream medias.
But overall of this maybe we just didn't know the actual count since as we see the adoption state of the bitcoin maybe the number of government workers who use bitcoin increase but they cannot influence the adoption of the country since there are several ruling and I think it needs to pass a law(I don't know about the law on this) so that they can pass its full adoption to their country. But what good thing here is you already see some several of them using bitcoin so its a good start anyway and for sure we can see more from it in on years pass.
Op I think you a little correct on that. The people that are not employed with government are known to try their hands on different things and they are the lucky once as early adopters. They are the ones that get few numbers of the government workers into the circle of cryptocreency either as friends or family members. Also being independent of government job gives you more time in your hand for research just like in Nigeria, the people that I notice that discuss about cryptocurrency are those that are not doing government jobs.
I don't have an accurate stats on what's the current situation and job of most crypto people in my country. But with what I've observed in different online groups, they're working in private companies which is the biggest portion. Next to it are the businessmen and lastly, those that are full time in trading and other related crypto paying hustles. Well, we don't have accurate information about such but this only gives the idea that bitcoin is for everyone.
It depends a lot on the country, but the basic principle is to not have either privileged information or, alternatively, a conflict of interest. This gives plenty of space for gov officials and other to trade and own not just bitcoin but many other financial assets that are even more prone to be dealt with privileged information or other conflicting interests involved.
To be honest, this is not surprising, since many public sector officials and politicians end up their days working in the private sector anyway.
To be honest, this is not surprising, since many public sector officials and politicians end up their days working in the private sector anyway.
It's not about gov or private sector workers but the type of work they do. There is a much higher proportion of IT workers (developers, sys admins, helpdesk) than any other type. This is due to the higher tech knowledge needed for more profitable trades.
When normies can be onboarded as easily as buying a loaf of bread, then bitcoin will be a confirmed success - something we'll know anyway because the bitcoin price will be sky high at that point!
When normies can be onboarded as easily as buying a loaf of bread, then bitcoin will be a confirmed success - something we'll know anyway because the bitcoin price will be sky high at that point!
One fact about these people is that 90% (maybe more) of the people I know who support this industry are not formal workers who usually work as government employees, but they are non-formal workers working part time in some real businesses. There are only 2-3 out of 20 people (not the actual number) who are formal workers as government employees who are currently still trading crypto at my place to this day while the others are non-formal workers. What about those you know in your country, does this happen in your country and the people you know? I don't think there are any restriction governing formal workers involved in this industry as investors or traders.
If you don't mind, I'd like to know how you came about such numbers/statistics that people who are not civil servants are more in the network than those who are. Are you coming to such conclusions from the few people you've met and interacted with or is there any other source of the info. AFAIK and have experienced, the network 'harbors' people from all walks of life, without any clear disparity in the number from a particular field. If the above is true where you're from, then it could possibly be cause civil servants work so hard over there and have little time for other sources of income, you know people who run their business are their own bosses and so they can set 'time' in their own favor so as to get other things done, that looks like the only reason that could make your assertion somewhat valid.Then again, no country would solely restrict only civil servants from using crypto, they would either place a general sanction/ban, or they will not, so it's either civil servants in your country of residence work so much that they hardly have time, or the civil servants you've personally come in contact with have no interest in Bitcoin.
does this happen in your country and the people you know? I don't think there are any restriction governing formal workers involved in this industry as investors or traders.
Formal workers or non-formal it wouldn't matter because Bitcoin is just there and if there are companies which do give out that option then that's really a good opportunity on dealing with and speaking to those non formal then one of the factors that they wouldn't really be included is that neither it hasn't beenintroduced or they don't simply like on dealing with it and trying to avoid volatility as much as they can.
For now adoption is still on the move, there might be places on the world which is one step ahead but doesn't mean that we would really be
losing up some chances.
Since 2014 until now I have noticed that bitcoin and the crypto industry has grown very rapidly where currently its market capitalization is a testament to the successful growth of this industry.
I have been here and around people who support this growing industry such as traders, investors and bounty hunters and others. One fact about these people is that 90% (maybe more) of the people I know who support this industry are not formal workers who usually work as government employees, but they are non-formal workers working part time in some real businesses. There are only 2-3 out of 20 people (not the actual number) who are formal workers as government employees who are currently still trading crypto at my place to this day while the others are non-formal workers. What about those you know in your country, does this happen in your country and the people you know? I don't think there are any restriction governing formal workers involved in this industry as investors or traders.
I have been here and around people who support this growing industry such as traders, investors and bounty hunters and others. One fact about these people is that 90% (maybe more) of the people I know who support this industry are not formal workers who usually work as government employees, but they are non-formal workers working part time in some real businesses. There are only 2-3 out of 20 people (not the actual number) who are formal workers as government employees who are currently still trading crypto at my place to this day while the others are non-formal workers. What about those you know in your country, does this happen in your country and the people you know? I don't think there are any restriction governing formal workers involved in this industry as investors or traders.
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