Topic: Bitcoin Can Be A Savior! - page 26. (Read 2965 times)
Bitcoin is indeed a savior since it is providing a chance for lots of people around the world that their current society or government wasn't able to provide for them . Lots of people are making a living through bitcoin or sending/receiving money thanks to it because they simply can't get the privilege of having a bank account. And thanks to bitcoin they can transfer money or even work and get paid in it then transfer it to their local currency .
It seems to me that bitcoin will not become a Savior. For us it will be only a temporary reprieve. Bitcoin can not always please us with higher prices. Someday this tale will end. So you need now to enjoy our freedom. Maybe for someone this will be a launching pad in life.
In specific countries like Venezuela and Zimbabwe, Bitcoin is working as a savior for the many as their respective economies and political systems have been rocked by turmoil and uncertainties.
During economic and political distress Bitcoin can be the best tool for people to survive economically as well as to protect their remaining assets from being swallowed by the government-sponsored economic meltdown.
During economic and political distress Bitcoin can be the best tool for people to survive economically as well as to protect their remaining assets from being swallowed by the government-sponsored economic meltdown.
In Venezuela and Zimbabwe, yes bitcoin is a saviour during the economic recession due to political instability, in order to make some payments or just convert it into local currency. Bitcoin is free from inflation which devalued fiat currency, that's why it's a perfect money. We can't deny the advantages of bitcoin is suitable to transact across the world, send money as easy as sending an email.
Bitcoin meant to be an alternative currency, not to entirely replace every fiat currency in this world, so we hope governments do not ban it and regulate cryptocurrency as an asset or commodity as it can be our savior someday.
That’s what most of us think and I think it is the most likely scenario but don’t forget that we haven’t had a major global crisis since bitcoin was launched.
During crisis people tend to cash in their assets because they don’t have enough liquidity and if we had a major crisis soon this could happen with bitcoin as well, as people have very few options to spend it directly, without converting it into fiat.
thats a great point mate,we only think of all the positive aspect on how and what During crisis people tend to cash in their assets because they don’t have enough liquidity and if we had a major crisis soon this could happen with bitcoin as well, as people have very few options to spend it directly, without converting it into fiat.
bitcoin giving us,but the other side of this still shaded on our eyes,just like a electricity
theres always a negative and positive to produce power..what im saying is what if mate
is right?if world wide crisis comes and panicking is all users do?what till happen to other
users that has no access of be affected of the situation?thats the other side we all user
must be aware
These are extreme cases and yes it is a safe haven in those places but that is not what bitcoin is used for by majority. Those places probably make a small amount of the total volume but nonetheless it is good for humanity to be able to turn to something else when a corrupt government turns their back on their own people. Quite sad honestly but I am glad they have an outlet to utilize 
Yes it can. It obviously works too, because it's being used real time, in actual real life conditions. Should our economies fail us, we know we have Bitcoin to fall back on. I'm honestly quite surprised how well it has been working out for them though. I mean, obviously, Bitcoin isn't their only option to escape hyper inflation. They can just as easily buy USD or gold, for example. I understand that this is where Bitcoin's decentralization comes into play though. Their governments could be limiting their citizens' access to gold and USD, making Bitcoin much more accessible. It's the perfect use-case for oppressive governments.
Bitcoin can indeed save a lot especially those that are still unemployed. We all know that a lot of opportunities for bitcoin is growing especially as people start to invest from small amount into gaining a higher value in time. It saves people from economic slavery and it helps people grow their resources as well.
Isn't it one of the main reason why Bitcoin is created? So that we can be free from a manipulating financial system and government. Adopting bitcoin to our lives gave us freedom from all interfering entities like banks, government and etc to each of our important transactions. We have achieved leniency through this which allows us to earn, store and spend whatever way we want. Bitcoin helped a lot of us on financial crisis so it is just right to consider it a SAVIOR in a way.
Yes, it is my expectation to get me out of the poverty I'm suffering now. So let's keep our bitcoins on hold because of the huge benefits we can get here.
Yes of course,but it depends. bitcoin can save people in terms of financial situation.using this bitcoin we support our needs everyday but not at all..before you do this you need internet and gadgets.if you don't have that you can't earn a coin to convert into money if you needed it to exchange.
Internet and gadget or pc will be everywhere since this is global economy.
Bitcoin is best thing to solve economy problem in every country so we have to thank to bitcoin as it become savior.
Yeah,everywhere can we use PC but what about the unknown place?undescoverd country that don't have internet access do you think they do this kind of currency if they don't know what is bitcoin?bitcoin can be a savior to those people have already known how to use this in their daily needs.
In specific countries like Venezuela and Zimbabwe, Bitcoin is working as a savior for the many as their respective economies and political systems have been rocked by turmoil and uncertainties.
During economic and political distress Bitcoin can be the best tool for people to survive economically as well as to protect their remaining assets from being swallowed by the government-sponsored economic meltdown.
During economic and political distress Bitcoin can be the best tool for people to survive economically as well as to protect their remaining assets from being swallowed by the government-sponsored economic meltdown.
In Venezuela and Zimbabwe, yes bitcoin is a saviour during the economic recession due to political instability, in order to make some payments or just convert it into local currency. Bitcoin is free from inflation which devalued fiat currency, that's why it's a perfect money. We can't deny the advantages of bitcoin is suitable to transact across the world, send money as easy as sending an email.
Bitcoin meant to be an alternative currency, not to entirely replace every fiat currency in this world, so we hope governments do not ban it and regulate cryptocurrency as an asset or commodity as it can be our savior someday.
Is not even only when there is political or economic crisis in a country that bitcoin play the vital role, even in a stable economy bitcoin is still playing a major role in the financial life of the citizens like in the UK, USA.
Bitcoin is now adopted as the secondary currency of the modern society and many of the blockchain, investors, mining farm's and upcoming ICO are mostly from developed countries why am saying this is to correct the notions that bitcoin is helping only the economic life of countries that are politically or economically unstable. Bitcoin is a universal currency that is transforming the financial life of the whole world.
Bitcoin is now adopted as the secondary currency of the modern society and many of the blockchain, investors, mining farm's and upcoming ICO are mostly from developed countries why am saying this is to correct the notions that bitcoin is helping only the economic life of countries that are politically or economically unstable. Bitcoin is a universal currency that is transforming the financial life of the whole world.
Bitcoin is indeed a saviour not only in those aforementioned countries in Africa countries like Nigeria, South Africa where bitcoin is used as an alternative means of payment for transactions due to it's decentralized feature and it is not compulsory necessary to buy btc, services such as programming, graphic designs e.t.c can be offered online and paid with btc which has equally become saviour in countries with high rate of unemployment.
I can not really say bitcoin is a savior as I can not a give a place for God for a human system that has been created. I have see bitcoin as a change and that it has the capacity to make one rich and prosperous but it has no capacity to save as save only come from God. I myself can actually testified how bitcoin has been of a great help to me financially and in bitcoin we have a system that is good compared to fiat.
it's all depend on the viewer themself and the users,
if we're looking at it and based on its purpose i believe it has a lot of function or benefit for people in their real life.
for example pushing the economy for people who is living in around countries that have an unstable economy and politic,
and many others if we use it in a good way.
but at the same time if people use it as a place to make a crime people will view it as a tool to help criminals.
so in the end it's all about themself what will they do with it and what can they do with it,
if they use it to help themself out of crisis economy we can say Bitcoin is a savior for them,
but if they use it to do something 'bad' we can say Bitcoin is a villain.
if we're looking at it and based on its purpose i believe it has a lot of function or benefit for people in their real life.
for example pushing the economy for people who is living in around countries that have an unstable economy and politic,
and many others if we use it in a good way.
but at the same time if people use it as a place to make a crime people will view it as a tool to help criminals.
so in the end it's all about themself what will they do with it and what can they do with it,
if they use it to help themself out of crisis economy we can say Bitcoin is a savior for them,
but if they use it to do something 'bad' we can say Bitcoin is a villain.
In specific countries like Venezuela and Zimbabwe, Bitcoin is working as a savior for the many as their respective economies and political systems have been rocked by turmoil and uncertainties. This has become of the inspiring roles Bitcoin has been playing for some number of people and I think as time goes on this role can be magnified in other parts of the world as well.
Now, what is this telling us. One thing for sure: During economic and political distress Bitcoin can be the best tool for people to survive economically as well as to protect their remaining assets from being swallowed by the government-sponsored economic meltdown.
Bitcoin can indeed be a savior!
In specific countries like Venezuela and Zimbabwe, Bitcoin is working as a savior for the many as their respective economies and political systems have been rocked by turmoil and uncertainties. This has become of the inspiring roles Bitcoin has been playing for some number of people and I think as time goes on this role can be magnified in other parts of the world as well.
Now, what is this telling us. One thing for sure: During economic and political distress Bitcoin can be the best tool for people to survive economically as well as to protect their remaining assets from being swallowed by the government-sponsored economic meltdown.
Bitcoin can indeed be a savior!
well yes bitcoin can be a savior of poverty, there will be no more poverty if many people with a good heart will know about bitcoin and those who are poor now can change their life using bitcoins. for sure there is a chance that this will happen.
Absolutely yes. It is proven. As such, im one of them. Im glad to be part here in bitcoin community. It is really a life saving. And the good thing about bitcoin, it is open to all levels of society. Good or poor, unemployed or not can benefit on it. They can change their future into a better living.
Bitcoin investments will give us good profits in the future so it can be called as savior.But there is no guarantee that bitcoin will be always valuable because nowadays many countries are stated to oppose bitcoin and start banning them which affect the price,if many countries ban bitcoin the bitcoin will become worthless so we have to understand about the risks of bitcoin before investing on it.
Yeah, bitcoin in reality has helped numerous people as well as ordinary people in making their future bright.
No doubt bitcoin is known to be helpmate for anyone in critical times of life if traded perfectly on right time.
World is going to become cashless because people are now investing in cryptos and seeming to be embracing it much more
No doubt bitcoin is known to be helpmate for anyone in critical times of life if traded perfectly on right time.
World is going to become cashless because people are now investing in cryptos and seeming to be embracing it much more
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