Topic: Bitcoin for all levels of society, without any difference - page 14. (Read 5380 times)

Bitcoin is totally based on this concept : for everyone , everywhere . We can't impose that cash will only be used by certain persons because it was made for everyone , bitcoin is the same , plus a little bonus that no government can control it . Bitcoin is accessible for anyone who have some money to put in it and it was made by the community to the community .

I certainly agree with you. I believe that bitcoin is for everyone, regardless of their status, financial state, gender and so on. Everyone deserve to save and invest in a trusted company. Everybody deserves to earn high profit from their hardwork weather they are rich or poor. As long as it is earned from our hardwork, then nothing's wrong with it.

I have to disagree with this. Yes, Bitcoin is decentralized. You have the freedom to use in whenever, wherever. No matter what your social status is. But, have you look at the current demograph to which Bitcoin is available? Its more centralized, majority of the general public doesn't have access with BTCs. Only a few individuals or groups have the capability to mine it, as they have sufficient financial standing to invest. Moreover, even though you would want to purchase with a small amount, It's availability is another issue that needs to be resolve. Given the scenario, its more likely that rich people will benefit from it.

I agree with you Sir. Omonuyak. As you said in order to use Bitcoin you have to be knowledgeable first. Bitcoin is not like a "thing" that you can get so easy. You have to study it, learn it before you have it. Right now we are able to sink in the world of bitcoin because we can can easily reach the internet technology unlike any other community that has no source of electricity and no means of internet technology. They will be having some difficulties entering the world of bitcoin with that kind of situation.

 For me,yes of course! Bitcoin is free to those who are willing to learn and earn from bitcoin. Especially those who don't have a job,and the person who don't have an income or extra income.. And bitcoin also doesn't required gender, economic status and even how progressive your country is as long as you are willing therefore you've become successful. So we should always bear in our mind that bitcoin can decrease poverty to our country even not now but someday. So keep trusting Bitcoin!!!

Honestly, even with the fact that everyone who has an Internet connection can access the blockchain, there's still a lot of difference. There's this thing called "digital divide" that surely exists. There are places where there's no Internet connection. There are places that are simply a dead spot for any ISP and trust me still such place exists. Some countries have a really really expensive Internet connection and really really slow connection. The bitcoin users in those places, regardless of how much money they have, can never have a full node running on them. They can't even download bitcoin core. So yeah, it's not just about not having and having Internet connection. The speed of the Internet connection is still a factor that we have to consider.

Plus, poor people surely don't have any personal computer or even an Internet connection. So it's not ALL levels of
Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?
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Yes truly anyone can use bitcoin freely because there is no exemptions in using bitcoin as long as he/she knows how it works.Bitcoin is for everybody and to those people who are willing to do some jobs related on how to earn it.On the other hand it cant be used by all levels in the society because internet connection is needed in doing mining or trading and this is the biggest problem to poor countries or poor people that cannot be able to use bitcoin because they cant provide it.It  need online wallets in which btc were stored and if there will be no internet connection they cant access to their wallets which is the most impotyant thing.Yes truly a big difference.

Yes i agree on that there are many places that has no internet connection at all specially to rural areas that is late on internet modernazation and it is really hard to them when tgere is no internet connection.I believe that some people really didnt even know what is bitcoin yet and some other people maybe didnt believe in bitcoin that was teally the difference .

Honestly, even with the fact that everyone who has an Internet connection can access the blockchain, there's still a lot of difference. There's this thing called "digital divide" that surely exists. There are places where there's no Internet connection. There are places that are simply a dead spot for any ISP and trust me still such place exists. Some countries have a really really expensive Internet connection and really really slow connection. The bitcoin users in those places, regardless of how much money they have, can never have a full node running on them. They can't even download bitcoin core. So yeah, it's not just about not having and having Internet connection. The speed of the Internet connection is still a factor that we have to consider.

Plus, poor people surely don't have any personal computer or even an Internet connection. So it's not ALL levels of society. It's like middle to high class only until they are able to solve the Internet connection problems of third world countries.

Its amazing, true bitcoin can use by all of us whoever you are low class,middle class, everyone. Not like if you find job they always picking up the best one. But what about you do you have their satisfaction. On bitcoin you don't need to apply, you don't have the boss oh you are the boss of your own account.

It is true that bitcoin is for all levels of society; upper-class, middle-class, and the working-class. However, not all of them can buy bitcoin freely. I mean rich people can use their money to buy bitcoin and they will get richer while poor people cannot buy bitcoin because it is expensive. Therefore, they will have to rely on companies that pay with bitcoin so they can save and wait until the bitcoin price rise so that they can sell and gain profit. It is a fact that is for everyone, but it is not for everyone to use.

But i think that there is no restriction to explain bitcoin to anyone, i already introduce bitcoin to my friends and family, my friends are now really taking more interest in bitcoin, Some of them already invested a good amount of money in bitcoin. They are now in fact getting good profit from it. But i think it is very much important that if you are going to introduce bitcoin to your friends you need to have good knowledge about bitcoin so that they can easily understand you.

The truth is that you cannot explain it to everyone and another truth is that not everyone will know about bitcoin or will ever have the slightest idea that bitcoin even exist. Yes, that is fact! Just like the scenario you just mentioned, there are so many remote places that do not have access to the internet or smart technologies let alone get to know how to even get hold of one. Bitcoin may not discriminate but apparently, not everyone can have it.

And how do you intend to make the paper wallet? Even if you decide to buy as I heard some people generate beautiful paper wallets and sell which I do not recommend, but you will still need internet or at least a smart device for all these. Also, you may have to consider that it is not just about holding the paper wallet, funding is important as well.

In one word, if you do not have phone, you should have a PC and if you do not have a PC, you must one way or the other have an access to the internet.

Bitcoins are decentralized type of currency that's why it can be used by anyone who can afford to buy a bitcoin and will surely make it bigger in the long run.

This is what the real beauty of bitcoin is. It is meant for everyone without any kind of discrimination. It provides an equal opportunity to all of us to come and invest a healthy amount of profit from bitcoin. You can earn a good amount of money whether you have cash or not. This is the reason that why bitcoin is getting so much popular amongst the people.

I also agree with you bitcoin is free to use by everyone whether one people are poor or rich. But before one person to join in bitcoin it is important to have thier own device, like PC, laptop, cellphone and other electronic device and based on what you said,  also it is important to have a internet connection to get access in bitcoin. I know poor one cannot afford it, but some of people who are so deserving in bitcoin they will make their own way to take bitcoin, whether this people is poor one and she doing something because he or she want to changes thier own life. If we are really deserving in bitcoin we need to things from it, and don't be affected if you are belong in level of society just make your own way, and don't thinl with others and just focused in yourself.

I think bitcoin is not for all the level of our society, but there is no restriction to be involved in this system. if you have the internet access then you can join in this system. so not everybody can't afford to take internet connection as well as computer or laptop or at least a smartphone. that is why I want to say that Bitcoin for all but not all is able to be connected with Bitcoin.

Trust me mate, in the next few years, some people will wish they had been able to lay their hands on just 0.001BTC. For anyone investing in bitcoin today, it will take the same courage it would have taken them years ago to invest the same amount in exchange to their fiat this time around. I really do not see any difference as what it takes is to buy what you can afford now and hope for the future. Those who bought 7 years ago also still waiting.

You can ever use Bitcoin without a phone, by making a paper wallet... so I think this make a lot of sense.

This is quite a very reasonable point looking at all the processes it takes to invest in stocks.

However, it may be simple for you now to invest in bitcoin but truth be told, not so many people are tech savvys and some people will rather you do it for them than understanding the processes of opening a wallet, buying of bitcoin either via P2P exchanges, debit/credit card etc. Considering all these, we may as well just say it is still going to be limited.