bitcoin helps the economy of all circles

Blitzboy

hero member

Activity: 1316

Merit: 561

Leading Crypto Sports Betting & Casino Platform

Quote from: posi on August 07, 2023, 04:09:23 AM

Quote from: Xampeuu on August 07, 2023, 12:52:33 AM

~

however, bitcoin can contribute to the development of the country's economy if the government supports it. for now, if only the government supports bitcoin, and socializes it, more people will understand and understand bitcoin, that way if bitcoin experiences a pump, the people will prosper and of course be able to help the economy of a country, because of course when it pumps, many people will get rich and that means they have a lot of money to meet their needs

What if bitcoin gets dumped and everyone loses? You don't have to give an example, just use yourself as an example. Have you really gotten rich with bitcoin? And how many people have you met who became rich on bitcoin or just saw it in the press? There have been many people who got rich from bitcoin, but also many people lost everything because of it, so even if the government accepts people to invest in bitcoin, there is no guarantee that all will get profit from bitcoin.

Bitcoin is a financial market, it is not a business that will create jobs and income for everyone.
[/quote]
Now I have money? The road hasnt always been fun. What do you mean by others' wealth or bankruptcy? I've seen both sides, excuse the pun.

Considering it, its only an investment. Some succeed, others fail. Numbers, graphs, and other aspects make it like gambling. If I had a Bitcoin for every time someone told me they were rich, I'd probably have a couple, right?

Yes, I agree. Its not a corporation and doesnt support the economy. Not everyone succeeds because it's a financial and investment decision. Just the way it is. Not everyone is a good fit, but if you are, who knows?

posi

hero member

Activity: 2268

Merit: 579

Vave.com - Crypto Casino

Quote from: Xampeuu on August 07, 2023, 12:52:33 AM

Quote from: Wend on August 06, 2023, 06:11:46 PM

Quote from: lousie9 on August 06, 2023, 12:21:14 PM

Quote from: Wend on August 05, 2023, 06:33:32 PM

You should look at the people who have made a profit from bitcoin to learn, not think that bitcoin can enrich everyone, or it will help reduce unemployment, reduce poverty as many people think.

I agree with what you have said that Bitcoin cannot fully help the economy, fix poverty and other economic problems as many people say. In fact, to be able to get the maximum profit in investing in Bitcoin is not that easy and not everyone can.
It is true that investing in Bitcoin can help someone's economy but it will not be so significant, it all depends on how much they invest and how well they sell it at a high enough price.
And it's true, in fact that many people also lose investing in Bitcoin because of their own mistakes, they can't understand the market and don't have good investment risk management.

Crypto or bitcoin is a financial market, it is not an industry that creates stable jobs that help everyone have jobs and income. Therefore, it cannot have a great impact on the economy of a country as well as the world economy. Just like trading gold in the foreign exchange market, it is only profitable for individuals, I don't see how it is beneficial in contributing to the construction of the national economy.

In order to develop the country's economy, it is necessary to integrate into international trade, promote import and export, and create stable jobs for the people...rather than depend on risky speculative games.

however, bitcoin can contribute to the development of the country's economy if the government supports it. for now, if only the government supports bitcoin, and socializes it, more people will understand and understand bitcoin, that way if bitcoin experiences a pump, the people will prosper and of course be able to help the economy of a country, because of course when it pumps, many people will get rich and that means they have a lot of money to meet their needs

What if bitcoin gets dumped and everyone loses? You don't have to give an example, just use yourself as an example. Have you really gotten rich with bitcoin? And how many people have you met who became rich on bitcoin or just saw it in the press? There have been many people who got rich from bitcoin, but also many people lost everything because of it, so even if the government accepts people to invest in bitcoin, there is no guarantee that all will get profit from bitcoin.

Bitcoin is a financial market, it is not a business that will create jobs and income for everyone.

Xampeuu

full member

Activity: 1442

Merit: 116

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: Wend on August 06, 2023, 06:11:46 PM

Quote from: lousie9 on August 06, 2023, 12:21:14 PM

Quote from: Wend on August 05, 2023, 06:33:32 PM

You should look at the people who have made a profit from bitcoin to learn, not think that bitcoin can enrich everyone, or it will help reduce unemployment, reduce poverty as many people think.

I agree with what you have said that Bitcoin cannot fully help the economy, fix poverty and other economic problems as many people say. In fact, to be able to get the maximum profit in investing in Bitcoin is not that easy and not everyone can.
It is true that investing in Bitcoin can help someone's economy but it will not be so significant, it all depends on how much they invest and how well they sell it at a high enough price.
And it's true, in fact that many people also lose investing in Bitcoin because of their own mistakes, they can't understand the market and don't have good investment risk management.

Crypto or bitcoin is a financial market, it is not an industry that creates stable jobs that help everyone have jobs and income. Therefore, it cannot have a great impact on the economy of a country as well as the world economy. Just like trading gold in the foreign exchange market, it is only profitable for individuals, I don't see how it is beneficial in contributing to the construction of the national economy.

In order to develop the country's economy, it is necessary to integrate into international trade, promote import and export, and create stable jobs for the people...rather than depend on risky speculative games.

however, bitcoin can contribute to the development of the country's economy if the government supports it. for now, if only the government supports bitcoin, and socializes it, more people will understand and understand bitcoin, that way if bitcoin experiences a pump, the people will prosper and of course be able to help the economy of a country, because of course when it pumps, many people will get rich and that means they have a lot of money to meet their needs

nullama

hero member

Activity: 1008

Merit: 960

Quote from: Wend on August 06, 2023, 06:11:46 PM

~snip~
Crypto or bitcoin is a financial market, it is not an industry that creates stable jobs that help everyone have jobs and income. Therefore, it cannot have a great impact on the economy of a country as well as the world economy. Just like trading gold in the foreign exchange market, it is only profitable for individuals, I don't see how it is beneficial in contributing to the construction of the national economy.

In order to develop the country's economy, it is necessary to integrate into international trade, promote import and export, and create stable jobs for the people...rather than depend on risky speculative games.

Financial services are a huge area of the industry.

Providing services based on Bitcoin is starting to become a massive source of jobs.

For example, Open Node provides Bitcoin payment systems

Wend

sr. member

Activity: 1400

Merit: 283

DGbet.fun - Crypto Sportsbook

Quote from: lousie9 on August 06, 2023, 12:21:14 PM

Quote from: Wend on August 05, 2023, 06:33:32 PM

You should look at the people who have made a profit from bitcoin to learn, not think that bitcoin can enrich everyone, or it will help reduce unemployment, reduce poverty as many people think.

I agree with what you have said that Bitcoin cannot fully help the economy, fix poverty and other economic problems as many people say. In fact, to be able to get the maximum profit in investing in Bitcoin is not that easy and not everyone can.
It is true that investing in Bitcoin can help someone's economy but it will not be so significant, it all depends on how much they invest and how well they sell it at a high enough price.
And it's true, in fact that many people also lose investing in Bitcoin because of their own mistakes, they can't understand the market and don't have good investment risk management.

Crypto or bitcoin is a financial market, it is not an industry that creates stable jobs that help everyone have jobs and income. Therefore, it cannot have a great impact on the economy of a country as well as the world economy. Just like trading gold in the foreign exchange market, it is only profitable for individuals, I don't see how it is beneficial in contributing to the construction of the national economy.

In order to develop the country's economy, it is necessary to integrate into international trade, promote import and export, and create stable jobs for the people...rather than depend on risky speculative games.

serjent05

legendary

Activity: 3010

Merit: 1280

Get $2100 deposit bonuses & 60 FS

Quote from: lousie9 on August 06, 2023, 12:21:14 PM

Quote from: Wend on August 05, 2023, 06:33:32 PM

You should look at the people who have made a profit from bitcoin to learn, not think that bitcoin can enrich everyone, or it will help reduce unemployment, reduce poverty as many people think.

I agree with what you have said that Bitcoin cannot fully help the economy, fix poverty and other economic problems as many people say. In fact, to be able to get the maximum profit in investing in Bitcoin is not that easy and not everyone can.
It is true that investing in Bitcoin can help someone's economy but it will not be so significant, it all depends on how much they invest and how well they sell it at a high enough price.
And it's true, in fact that many people also lose investing in Bitcoin because of their own mistakes, they can't understand the market and don't have good investment risk management.

Bitcoin is only a tool to be used to improve oneself. No one can help a person's situation but himself by utilizing the tool around him to improve his way of living. We have seen people who are into Bitcoin lost a huge amount of money and end up broke because someone had cheated on them and scam them of their investment.

At the end of the day, Bitcoin being a tool may help or worsen a person's financial state. After all, the decision made is not done by Bitcoin but the person who owns the body and the money.

ginsan

hero member

Activity: 1358

Merit: 627

To be honest, I have experienced great benefits from Bitcoin in my life, even though I am not rich in Bitcoin category, but I can get the opportunity to change my life with Bitcoin where I can make daily or weekly profits in trading Bitcoin on every exchange, be it spot or futures.

Thus I agree that Bitcoin is able to change someone's life in terms of their finances because they can invest in Bitcoin to get profit roi every day. Besides that Bitcoin has made it easier for us to send money to all countries using only Bitcoin without having to pay taxes to third parties in making transactions.

Altryist

legendary

Activity: 2100

Merit: 1340

Quote from: Texac on August 05, 2023, 10:48:08 PM

Satoshi created bitcoin in the hope that it would become a decentralized and peer-to-peer currency, he not mentioning the hope it would become a volatile investment in the bitcoin's white paper. if no one turns it into an investment, why is it used as an investment where very few people know its original purpose? Nowadays, anyone who comes to bitcoin knows only that investing in bitcoin will have a chance to make a profit. nobody cares it could be a currency, decentralized...very few people care about that.

This is not the case, eventually, when bitcoin reaches a very significant value and ceases to be so volatile, and then it will be used much more widely as a means of payment. But until then, Bitcoin really looks like a promising investment, and if it works, then why can't it be used? There are many opportunities in the world, and whether you can take advantage of them or not is up to you.

lousie9

sr. member

Activity: 1680

Merit: 263

Quote from: Wend on August 05, 2023, 06:33:32 PM

You should look at the people who have made a profit from bitcoin to learn, not think that bitcoin can enrich everyone, or it will help reduce unemployment, reduce poverty as many people think.

I agree with what you have said that Bitcoin cannot fully help the economy, fix poverty and other economic problems as many people say. In fact, to be able to get the maximum profit in investing in Bitcoin is not that easy and not everyone can.
It is true that investing in Bitcoin can help someone's economy but it will not be so significant, it all depends on how much they invest and how well they sell it at a high enough price.
And it's true, in fact that many people also lose investing in Bitcoin because of their own mistakes, they can't understand the market and don't have good investment risk management.

Despairo

hero member

Activity: 1064

Merit: 843

Quote from: fuguebtc on August 06, 2023, 04:21:03 AM

If they are talking about signature or bounty campaign earnings, it is the forum that is helping them. Because bitcoin is just acting as a currency, a means of payment to pay them. I agree with you on this point, many people have overcome the pandemic thanks to the work that the forum brings.

Signature campaign do help someone's financial, but not all people can join signature campaign because it's limited and required high knowledge.

Bounty campaign is just a bonus because most of them are scam, even they're not scam and they distribute their reward, majority of the token are worthless.

But signature campaign and bounty campaign are come from this forum, so actually this forum are helping the financial of those people, not Bitcoin.

Gyfts

legendary

Activity: 2828

Merit: 1515

Quote from: Solokan on January 15, 2023, 11:25:05 AM

people who have physical impairments caused by accidents or who have been born with disabilities, they can also invest in bitcoin as long as there is a will, and I see many people with disabilities (physical impairments) who are now economically assisted by investing in bitcoin.

People who're disabled might receive government assistance and that check is usually isn't too significant, and it's on a fixed rate -- sometimes only modestly increased to match inflation. Fixed income earners owe it to themselves to invest in a deflationary asset given that their purchasing power is getting reduced every time the government decides to spend money it doesn't have. And this applies to people who are chipping into pension programs or government backed social security programs too. The residual income you get off those fixed payments are irrespective of inflation so don't expect that those funds are going to be enough.

fuguebtc

hero member

Activity: 1960

Merit: 537

Leading Crypto Sports Betting & Casino Platform

Quote from: hyudien on August 05, 2023, 08:01:24 AM

Quote from: fuguebtc on August 05, 2023, 07:31:18 AM

Bitcoin is not a get rich quick vehicle, we cannot invest in bitcoin and hope it will make us rich within a week or a month. Indeed, making a profit from bitcoin is not easy and takes a process, so I wonder how bitcoin has helped people survive and make money during the pandemic. As for trading, I think it's much harder than investing and not too many people make money from day trading.

I see it the other way around, where if we compare Bitcoin with other investment assets that have low volatility, Bitcoin is an investment vehicle that can be said to be quite fast, only 4 years when referring to the ATH cycle. Meanwhile, if you look at the movement of assets such as gold, silver, stocks, etc., it takes 10 to 15 years, and even then the cycle cannot be predicted at all. Bitcoin has actually provided a leak with a clue once every 4 years, so it's still worth mentioning Bitcoin as quick profit advice in investing.

I won't object to what you say if you compare bitcoin to traditional investments like gold or real estate. It is true that bitcoin offers faster and bigger returns than those assets, but it won't be as fast in just a few months or a year. That's why I wonder, people say bitcoin has helped them a lot during the pandemic, but how?

Quote from: AmoreJaz on August 05, 2023, 05:42:54 PM

Quote from: fuguebtc on August 05, 2023, 07:31:18 AM

one thing that i believe is that bitcoin helped a lot of people survived during the pandemic, was that a lot of them got paid for online services via btc payment method. just look at the forum alone. there are so many bounties, sig campaigns, other services (art works, website builders, etc) that are benefitting from this market. some are staking, trading, mining and offering their services related to blockchain tech. i can say, this forum helped and still helping a lot of forum users to survive in their day to day living, in so many different ways.

If they are talking about signature or bounty campaign earnings, it is the forum that is helping them. Because bitcoin is just acting as a currency, a means of payment to pay them. I agree with you on this point, many people have overcome the pandemic thanks to the work that the forum brings.

blckhawk

sr. member

Activity: 1554

Merit: 334

Quote from: Baofeng on January 15, 2023, 04:29:26 PM

For sure, I have seen many threads in the past here on how bitcoin helps them financially, they become stable and have the financial freedom to buy things that they want for them or for their families, so that is good. And probably it will inject some of that in the economy too, and that's the beauty of having an extra money because you have the purchasing power. But not all have succeeded though, investment or to make money here is not that easy as it sounds. It's not an easy or get rich scheme. You really need to have a lot of patience and you a strong mentality and be intelligent when to buy and when to sell to enjoy your profits and then make them sustainable in your end.

When we are spending or buying goods and services, we are already participating the growth of the economy so we don't need to worry too much about whether we are contributing to the economy because it's all automatic and that's how it was designed, that we won't notice it until something significant happens, so when we are talking about bitcoin helping the economy, it's kind of redundant when they put it like that. Of course there's always people that's going to lose some, not everyone can win in investments although I think it's an individual problem, investments are supposed to make you profit in the long-term and if you were to easily falter when something negative that everyone knows will be temporary happens then you're bound for losses. Be mindful that I'm only talking about individual and small investors, I think it's a different discussion when it comes to that.

jokers10

legendary

Activity: 1974

Merit: 3049

Quote from: nullama on August 06, 2023, 01:32:33 AM

Bitcoin is money.

People in ... Central African Republic can use it to pay literally anything in those countries.

CAR withdrew approval of bitcoin as a legal tender this spring. But even before that a lack of even electricity access made it nearly impossible to majority of citizens of this country to use this opportunity. CAR is too underdeveloped. They first need to develop power supply systems and communication systems like mobile and internet.

nullama

hero member

Activity: 1008

Merit: 960

Quote from: Texac on August 05, 2023, 10:48:08 PM

~snip~
Satoshi created bitcoin in the hope that it would become a decentralized and peer-to-peer currency, he not mentioning the hope it would become a volatile investment in the bitcoin's white paper. if no one turns it into an investment, why is it used as an investment where very few people know its original purpose? Nowadays, anyone who comes to bitcoin knows only that investing in bitcoin will have a chance to make a profit. nobody cares it could be a currency, decentralized...very few people care about that.

Bitcoin is money.

People in El Salvador and Central African Republic can use it to pay literally anything in those countries.

People care about their money, and as I said, Bitcoin is money, so they do care about it.

Texac

hero member

Activity: 2086

Merit: 513

DGbet.fun - Crypto Sportsbook

Quote from: Mr.suevie on August 05, 2023, 05:39:16 PM

Quote from: Texac on August 05, 2023, 09:45:51 AM

Quote from: hyudien on August 05, 2023, 08:01:24 AM

Quote from: ?? on ??

Quote from: Solokan on January 15, 2023, 11:25:05 AM

This shows that most people just use bitcoin as a speculative instrument for financial reasons and contrast it with fiat values. That makes Bitcoin just look the same as stocks and commodities, especially now that market participants have to be "controllers."

I don't think it's a problem that Bitcoin is considered a kind of stock or commodity because several countries place Bitcoin in that realm. In my country too, it is only one of the various types of investment assets. And in several other countries, it will always be adjusted depending on the Asset Trading Regulatory Agency.

You don't have to wait for the government to recognize bitcoin as a commodity or property, we did it ourselves with bitcoin. I mean, very few people consider bitcoin to be a currency like the concept that Satoshi created bitcoin. since I wasn't involved in the early days I don't know who turned bitcoin into an investment, but since then, anyone introduced to bitcoin knows that bitcoin is a highly profitable investment. so it can be said that it is we who have turned bitcoin into an asset, a commodity, not a government.

I think nobody actually turned it to a profitable means of investment but every good thing has various ways in which one can use it and for Bitcoin, it's because of the nature of the currency not to depreciate and get affected by inflation that made it as a popular headline for a good investment means and moreover Bitcoin has proven that it's very reliable when it comes to using as an investment mean.

Satoshi created bitcoin in the hope that it would become a decentralized and peer-to-peer currency, he not mentioning the hope it would become a volatile investment in the bitcoin's white paper. if no one turns it into an investment, why is it used as an investment where very few people know its original purpose? Nowadays, anyone who comes to bitcoin knows only that investing in bitcoin will have a chance to make a profit. nobody cares it could be a currency, decentralized...very few people care about that.

Wend

sr. member

Activity: 1400

Merit: 283

DGbet.fun - Crypto Sportsbook

Quote from: ?? on ??

As a newbie, I agree that many people have made significant profits by investing in bitcoin. However, it's important to remember that investing always carries risks, and not everyone will experience the same level of success.

But there are also a lot of people who lose money investing in bitcoin even though it's their fault. So when investing in bitcoin, we need to realize that it is a financial market. This means there will be winners and losers, and not everyone involved will win. The market depends on buying and selling, so when you sell high there will be high buyers, when you win there will be losers.

You should look at the people who have made a profit from bitcoin to learn, not think that bitcoin can enrich everyone, or it will help reduce unemployment, reduce poverty as many people think.

flyingcarpet

full member

Activity: 406

Merit: 188

Quote from: Fivestar4everMVP on August 05, 2023, 05:56:08 PM

Quote from: Solokan on January 15, 2023, 11:25:05 AM

and the unique thing is that investing in bitcoin can be done with small capital, even less than a dollar. so bitcoin is very unique and helps the world community a lot.

what do you think about bitcoin have you ever been helped economically by bitcoin.?

Of course bud, when many other things like businesses I've tried running failed, when I discovered bitcoin and got involved, my life changed, and today, I can not say for sure that I am rich, or that I am already where I want to be financially, but what I can really do say is that, i am comfortable, though not without financial challenges from time to time, what I do normally imagine most of the time, what if there was nothing like Bitcoin and cryptocurrencies, what will i possibly be doing right now, how would my life be looking like right now, what kind of business will I be doing and how was i going to raise the money to even start it? this and many other similar questions sometimes runs through my mind, Bitcoin has helped someone like me in every area of my financial life.

Bitcoin has touched all of our lives in some way. People who could not get the profit they wanted from the business or those who did not want to take risks to open a business were able to overcome many difficult paths thanks to Bitcoin.

Bitcoin showed us that there is another option. He gave me that confidence long ago. That's why I enjoy being in the forum where Bitcoin is talked about every day.

mrmalta

newbie

Activity: 3

Merit: 0

hey guys check out vave , 100,000+ users worldwide Fastest withdrawals on the market

Fivestar4everMVP

legendary

Activity: 2422

Merit: 1083

Leading Crypto Sports Betting & Casino Platform

Quote from: Solokan on January 15, 2023, 11:25:05 AM

and the unique thing is that investing in bitcoin can be done with small capital, even less than a dollar. so bitcoin is very unique and helps the world community a lot.

what do you think about bitcoin have you ever been helped economically by bitcoin.?

Of course bud, when many other things like businesses I've tried running failed, when I discovered bitcoin and got involved, my life changed, and today, I can not say for sure that I am rich, or that I am already where I want to be financially, but what I can really do say is that, i am comfortable, though not without financial challenges from time to time, what I do normally imagine most of the time, what if there was nothing like Bitcoin and cryptocurrencies, what will i possibly be doing right now, how would my life be looking like right now, what kind of business will I be doing and how was i going to raise the money to even start it? this and many other similar questions sometimes runs through my mind, Bitcoin has helped someone like me in every area of my financial life.

Topic: bitcoin helps the economy of all circles (Read 897 times)