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Topic: Bitcoin is A Beacon of Hope for the Present and Future (Read 562 times)

hero member
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A few decades ago, the explosion of the internet, information technology and real estate helped many people change their lives, and formed a new generation of world billionaires. Now, Bitcoin is seen as a new asset class that can bring similar, or even greater, opportunities to future generations. Those who can grasp this opportunity can become a new class of millionaires and billionaires.

Not only that, Bitcoin and the crypto market have opened a completely new technology door, which is blockchain, a technology that I think will dominate the world in the future. Any field in the future will also use blockchain as its backbone database. Besides, Bitcoin can be seen as a new value storage asset class besides gold.

I don't dare think about Bitcoin becoming a global currency. This is quite complicated and with an unstable world like today, it is very unlikely that this will happen. I can only predict that Bitcoin will be a valuable asset that any country will want to have in its treasury in the future.

You're right, I really like your vision of bitcoin. Although it is not easy for bitcoin to achieve success and be compared with gold, or become an asset that any country wants to own. But bitcoin is the only asset that has the potential to do that and I hope it comes true.

I knew Satoshi created bitcoin as a peer-to-peer currency, but I never thought it could become a global currency, that was too vague and had almost no chance of becoming a reality. This world is greatly influenced by centralized forces and that is the government, and they will not easily let things that they cannot control spread without consulting them. For bitcoin to become a currency, it needs their permission and I think that is nothing less than an impossible task. Just because we want bitcoin to be a currency doesn't mean it will definitely become a currency, our world just doesn't work that way.
full member
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A few decades ago, the explosion of the internet, information technology and real estate helped many people change their lives, and formed a new generation of world billionaires. Now, Bitcoin is seen as a new asset class that can bring similar, or even greater, opportunities to future generations. Those who can grasp this opportunity can become a new class of millionaires and billionaires.

Not only that, Bitcoin and the crypto market have opened a completely new technology door, which is blockchain, a technology that I think will dominate the world in the future. Any field in the future will also use blockchain as its backbone database. Besides, Bitcoin can be seen as a new value storage asset class besides gold.

I don't dare think about Bitcoin becoming a global currency. This is quite complicated and with an unstable world like today, it is very unlikely that this will happen. I can only predict that Bitcoin will be a valuable asset that any country will want to have in its treasury in the future.
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Yes, hope is important because we have different sorts of problem and we can only hope that things will only get better. There is also motivation along with it and if we can't motivate our self, maybe other people can help us. Maybe Satoshi read the same text that you read, for him to create Bitcoin, as the coins gives us a hope to change our lives.

It isn't only limited on that because the coin is already successful, and so as the people who believes on it but there is still more to come. It is supposed to be independent but it turns out it is slowly collaborating to the centralized services but it's a good thing, since it makes the adoption even wider.
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I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea.

If you think about it, our investments are in line with the fact that we are expecting for bitcoin to reach incredible highs in the future. A lot of us investors are normal people. We are not billionaires or company owners. But through bitcoin, there is finally hope of becoming one someday.

Bitcoin might just be a financial tool but to a lot of us it is our ticket into the future and I can not stress enough just how important bitcoin is to our lives and the society in general.
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Quote from: n0ne
The key success behind bitcoin is the technology and the purpose behind its development. It is more futuristic and gives hope to everyone who finds the real goodness in it. Not everyone is aware of it, because people have begun to be part of the bitcoin network for its growth and profit rather than the unique features it holds. When we talk of bitcoin's growth, it always reminds me of Laszlo Hanyecz, the bitcoin pizza guy. Maybe bitcoin couldn't have grown this high in value as well as in terms of popularity. In such a scenario, bitcoin is a beacon of hope for the present and future. This happened through Satoshi and Laszlo Hanyecz.
There is no way you can find the knowledge of BTC, you will not find hope in hodling the BTC for the bull season to come before you can use it to achieve success that will change your story because it always attract success, when you know how it work both bear season and bull season.

 Those that part of BTC some years now are doing well in their community, and is attracting other people who don't have the knowledge to show interest on BTC so that they can begin to have hope of be the head and not the tail in their society when they have the resources to finance the BTC business.

For the founder of BTC to made it not to involved 3rd party in transaction, make people to accept that BTC is the hope of the present and future to users.
sr. member
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I imagine if people looked at Bitcoin this way, how much of adoption we would have seen in the world today. The world adjust based on what we make it adjust to. If everyone wakes up and starts seeing these feature of Bitcoin other than the volatility, we could be a step away from it being accepted everywhere. But I guess people will never stop seeing it as an investment scheme instead of as a currency.
Probably just a little bit higher because the price would still climb with more people wanting to buy bitcoin and with more people buying, there's a much faster rise in prices. I think that's just how it will be with bitcoin if the outlook of many people are like that. I think that even if we see it as a currency, bitcoin's price would still rise like it does because if people want to use it as a currency, there's a high possibility that they'll still want more and when there's demand for more with such a limited supply, the price will still go up. It's not a matter of why we see it as an investment or currency because either way, it will help us and the price of bitcoin would still see some growth.

I am not sure that it will still rise this much if it was strictly used as a currency. Try to imagine the percentage of Bitcoin user who are investing to make money vs those who are buying and using it as a currency. The gap between the percentage will be a lot because the average person just wants their own share of the good side of the volatility. Take out volatility and watch how most people will lose interest in Bitcoin. And loss of interest would mean a price dump.
hero member
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Bitcoin will give hope to those who know it, this method of thinking is the same as other economic taps, if we know the business maybe we will also benefit from the business we run, bitcoin can also be applied to the same concept because it has economic value in it that we can get by investing in it or we become miners, but being a miner it will take large resources so investing in bitcoin is the best way that everyone can do to hold hope in bitcoin to turn them in the future into better humans in the economy.

From us knowing bitcoin, we will get to know the world of crypto currency, although there are many people who say altcoins are rotten and so on, but if you talk about attachment to bitcoin, it has a correlation within the scope of bitcoin itself if you read it correctly to get economic value in your life.
full member
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Bitcoin can provide hope for people who want to experience change. But if those people don't want to do it, Bitcoin can't force it. Maybe Bitcoin provides a lot of concrete evidence for them, but if these people still do what they have always done, Bitcoin still cannot change them.

But they should be able to think that new things can make a difference in their lives. Bitcoin can provide that for them and give them hope for a better future. Hopefully, more people will open their minds to accept Bitcoin's potential.
legendary
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snip
 But I guess people will never stop seeing it as an investment scheme instead of as a currency.
This will be very unlikely because bitcoin has too many problems to solve to become a currency. Peer-to-peer is not attractive enough to make people abandon fiat and switch to bitcoin. Too high transaction fees and slow confirmation times are things that make many people unwilling to use bitcoin as a currency.

In today's society, the need to make money and get rich takes priority over anything, so if bitcoin cannot bring profit then I think no one will need bitcoin. Our world is mostly poor people and what poor people need is money to improve their lives, no poor people need privacy when they have nothing to lose. So, in my vision, bitcoin's path to becoming a currency is not feasible.
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I imagine if people looked at Bitcoin this way, how much of adoption we would have seen in the world today. The world adjust based on what we make it adjust to. If everyone wakes up and starts seeing these feature of Bitcoin other than the volatility, we could be a step away from it being accepted everywhere. But I guess people will never stop seeing it as an investment scheme instead of as a currency.
Probably just a little bit higher because the price would still climb with more people wanting to buy bitcoin and with more people buying, there's a much faster rise in prices. I think that's just how it will be with bitcoin if the outlook of many people are like that. I think that even if we see it as a currency, bitcoin's price would still rise like it does because if people want to use it as a currency, there's a high possibility that they'll still want more and when there's demand for more with such a limited supply, the price will still go up. It's not a matter of why we see it as an investment or currency because either way, it will help us and the price of bitcoin would still see some growth.
legendary
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I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.
Bitcoin comes with great hope and inclusivity, just like you say, but also with even bigger responsibilities. Being your own bank is no joke, if you have the majority of your net worth in bitcoin then you must be super careful because if you lose them then there is no one out there that can help you out, you are completely ruined. At then end bitcoin is not for everyone, just for those who know exactly what they are doing.
sr. member
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I imagine if people looked at Bitcoin this way, how much of adoption we would have seen in the world today. The world adjust based on what we make it adjust to. If everyone wakes up and starts seeing these feature of Bitcoin other than the volatility, we could be a step away from it being accepted everywhere. But I guess people will never stop seeing it as an investment scheme instead of as a currency.
hero member
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Lots of people already get decent income because their hopes of bitcoins are strong and they were not forced to invest rather they were sincere and hoped for the best for their investment also they trust the idea behind the Bitcoin creator's idea about the decentralized way of transaction and money freedom.

This is the best era for us because we have not witnessed such a scenario where we can actually acquire some bitcoins with a low budget and keep it as long as we want and keep adding to our crypto wallet and have the option to sell it whenever the price is higher than we have bought it.

This is not possible back then and you always need to use the banks for your money safety. Still, with the help of Bitcoin, that's not a problem anymore since we can take the necessary action to save our bitcoins securely from the huge number of options we have right now.
hero member
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I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.

Yes, however, I will just emphasize though that there could be newbies here who think that Bitcoin will solve their problems right away. Or it that Bitcoin is like a magic bean that will eradicate our financial woes or the key to resolved our issues, it is not.

We will have to work our ass off, invest wisely, be a holder and sell and timing the market at the top to make profits. So it gives hope but it won't eradicate poverty as others might think. And it won't replace fiat (but that is for another discussion and debate).
sr. member
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Hmm It's is amazing,

No doubt, however, most people these days who are getting to know Bitcoin and are becoming a part of it see Bitcoin as a hope for the future because of its volatile nature and the fact that it provides profit on investments more than it's fundamental features and properties it offers to its users. Some might see Bitcoin as a beacon of hope because it is decentralized and provides them with a system where they can keep their money safe from third parties and hold their funds to themselves instead of involving centralized authorities.

However, overall, you are right that it gives people hope, no matter how they perceive it and see it, at least they are all using it for a better future and a better present as well. A lot of people feel safer when they have their money stored in Bitcoin rather than storing them in a bank.
legendary
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I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.

For the current timeline or you can say that for this instance of the present we can say this phrase fits in but for the future who knows what is gonna happen with Bitcoin and with us, as we don't have any clue yet, the future is bright for AI as we can see the real-time developments and now things are in a different dimension we are already on a level where ETF's are working actively and now the current liquid supply of Bitcoin is shrinking rapidly due to these giants, people are hoping for new opperutnies but Bitcoin one of best for them but its already super expensive now. From their point of view.

For the future, no one can dare to say any wordic but we can hope for good.

hero member
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I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.

It's good to remind us that we are the people that design our own future. It was other great man that brought us to the point we are at right now, and now it's our own turn to help and shape the future in the best possible way. We all have a choice each day in what money we use, where we save and in what assets we invest in. Choosing crypto currencies over fiat money is important, because it shows the big corporations that the number of crypto users is growing. As long as we all work together we can keep pushing bitcoin forward, to one day overtake fiat currencies in their daily use.
legendary
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In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it.
Bitcoin gives full control to the owners. The saying “Be your own bank” resonates so well with Bitcoin but some bitcoiners shy away from the responsibility of being their own bank. They use bitcoin wrongly, storing bitcoin in centralized exchanges and choosing wallets that are closed source.
They lack knowledge, but they will get it sooner or later. Did you know everything that you know today about Bitcoin and cryptocurrencies when you first joined this industry? I am pretty sure you didn't, and all of us used closed-sourced wallets at one point in our journey when we didn't know much about these things. As we moved forward, we learned everything necessary and today, we know what we need to do with our assets and how we can use or keep them securely.

People who aren't very good with these things today will learn everything over time. They are mostly new in the industry and they lack knowledge about Bitcoin, wallets, exchanges, and all the dos and don'ts of the industry, but I'm pretty sure that they will eventually learn everything.
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In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking.

what will you do to own bitcoin if you don't have money , bitcoin is not provided for free to people with unstable economies ? And if you don't use a bank , don't use a traditional currency system, how can you buy bitcoin ?
I believe there are persons that own bitcoin today that didn't bought the bitcoin through any traditional banking. There are bitcoin owners with digitalized skills like web and graphic designing, domain creation etc and they are paid with BTC, all they had to to was to create a wallet and get their wallet address available for deposit payment for their services without passing through any bank service. But this in anyway doesn't mean that the traditional banking system is turned irrelevant, not really, they do have a role they play in society.

But do you think that people with skills in graphics or web design will not be able to access banking? And they also used their brains, and worked hard to get paid in bitcoins, no one gave them bitcoins for free. Meanwhile, the OP is talking about people with unstable economies and no income, and that's why I said bitcoin is not free.
Quote
What's crucial in it all is that bitcoin has given and still giving a whole lot of persons the opportunity to make and have investment that creates financial freedom for them which they were limit with the centralized fiat system.

What about investments like gold, forex, stocks and more? Is it true that only bitcoin has the potential to bring profit and others do not? If you have money, you can invest anywhere you want and profit or loss depends on your knowledge and skills. No dependence on bitcoin or any other investment.
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Bitcoin carries with it the hope for a more equitable and inclusive future.
There are many individuals who never imagine them self to be able to have something to invest in because of their very little source of income. Some of these people have engaged in activities like gambling where they know that they can win a fortune and change their story as a way to maintain hope about the future. Bitcoin provides this sort of hope because proper discipline investing in it even with the little source of income can be a way to financial independence in the future. It is a reason why many young people especially are adopting it, not as a get rich quick scheme, but as a way to be rich.

Absolutely right. Life is being hard for some many people to coup with which obliges them to involve on unrealistic activities just to sustain life of today and also have a figure die the future. Most times we spends money on chasing unrealistic dreams because it's told to have a quick income while on the processes we keep on loosing more of the little we've laboured just as that of gambling.
Meanwhile they're are of bitcoin potentials of paving way for a better future if invested on it but due to the time factors inclined, lot of people declines from it while some persons are ignorant that the little to be invested can yield huge profit returns in the future.
legendary
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Frankl was an interesting individual and a psychotherapist. While Bitcoin can give people hope, I think it only works when people actually care about it. In the case of Frankl, I believe, it was important that humans have a purpose, a meaning of life. Now, Bitcoin can be a big deal to people who generally don't trust institutions, as well as to people who strongly believe in privacy, decentralization, libertarianism, or any mix of those. So yes, to people who believe that it's terrible that money basically is controlled by states, and digital transfers are controlled by greedy corporations, Bitcoin can indeed present that important hope in life. But to those who are fine with how things are, it's just not serious enough to care.
legendary
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I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.


Can a country that lacks access to even the common traditional banking system have access to the current technology of Bitcoin and blockchain? Rarely would they even have quality knowledge about Bitcoin. We know that Bitcoin was created for a good purpose, and even for the little time the technology has lasted, it has contributed to a lot of changes in some countries, in society, and even in the lives of many people. Growth has been impacted by Bitcoin benefits. 

People who love Bitcoin are staying positive-minded that more good changes can be caused by Bitcoin from around the world, and so we hope, but Bitcoin alone cannot change the whole world; therefore, every other important thing needs to be acknowledged too, together with Bitcoin. Some people have used the phrase "Bitcoin is a hope for financial empowerment" and quit their jobs; others left other important things. To make Bitcoin more beneficial, and to stand as hope, we have to help one another pass on authentic information about Bitcoin to people that are interested in the technology, no by just saying it's a hope for the present and the future.


I have a feeling people are becoming so delusional about bitcoin, they are looking at bitcoin as a panacea that can cure our world. We need to be realistic that bitcoin is not free and to be able to own it we need money, if not a lot of money. In addition, investing in bitcoin can bring big profits but can also cause us losses, even bankruptcy if we do not have knowledge and experience. Bitcoin is not a god and we do not need to worship it too much, it is just an investment that can bring high profits and has the same risks as other investments.
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I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.
Well, that's right that it's a hope to those nations or to those people that are facing serious economic problems. For example, the countries that have been dealing with hyperinflation and they're not new to us such as Zimbabwe and Venezuela. While the people there are trying to survive with everything that they can and many flees from those countries trying to look for the green pasture. The others that have been making money and earning Bitcoin are able to survive that craziness of inflation that they've been dealing there all of their lives.

While in the future, we're believing about the adoption rate will be more than it was before and what we're experiencing right now. Together with the value of it that's about to rise that we've never seen before is so optimistic and giving us the enthusiasm that there's hope. And Bitcoin is going to be the medium that's going to share the wealth of the rich to every person that's holding it as more big and known financial institutions are buying it so, do what they've been doing.
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I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.


Can a country that lacks access to even the common traditional banking system have access to the current technology of Bitcoin and blockchain? Rarely would they even have quality knowledge about Bitcoin. We know that Bitcoin was created for a good purpose, and even for the little time the technology has lasted, it has contributed to a lot of changes in some countries, in society, and even in the lives of many people. Growth has been impacted by Bitcoin benefits. 

People who love Bitcoin are staying positive-minded that more good changes can be caused by Bitcoin from around the world, and so we hope, but Bitcoin alone cannot change the whole world; therefore, every other important thing needs to be acknowledged too, together with Bitcoin. Some people have used the phrase "Bitcoin is a hope for financial empowerment" and quit their jobs; others left other important things. To make Bitcoin more beneficial, and to stand as hope, we have to help one another pass on authentic information about Bitcoin to people that are interested in the technology, no by just saying it's a hope for the present and the future.

It's our OP's gospel message, the way he made the post sound, but he forgets that unlike any means of exchange within a group of persons, it can as well become a currency of exchange and that's how Bitcoin ranks.

Bitcoin is a currency that is gaining wide spread usage. More persons know, have some, trade with or make payments with it. It is simply the fact that the usage number is higher that makes it an easy pick as a future world currency that may serve the world in broader aspects of economy and new a uniting currency for the world assuming those countries that ban or restrict it cease.
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I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.


Can a country that lacks access to even the common traditional banking system have access to the current technology of Bitcoin and blockchain? Rarely would they even have quality knowledge about Bitcoin. We know that Bitcoin was created for a good purpose, and even for the little time the technology has lasted, it has contributed to a lot of changes in some countries, in society, and even in the lives of many people. Growth has been impacted by Bitcoin benefits. 

People who love Bitcoin are staying positive-minded that more good changes can be caused by Bitcoin from around the world, and so we hope, but Bitcoin alone cannot change the whole world; therefore, every other important thing needs to be acknowledged too, together with Bitcoin. Some people have used the phrase "Bitcoin is a hope for financial empowerment" and quit their jobs; others left other important things. To make Bitcoin more beneficial, and to stand as hope, we have to help one another pass on authentic information about Bitcoin to people that are interested in the technology, no by just saying it's a hope for the present and the future.
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By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future.

Yes, we cannot pretend that we have not seen so many positive impact of bitcoin in our lives, you can imagine that from the way people all over the world are trying to adopt for the use of these digital currency because of its many benefits that it serves, we have the financial freedom, profitable investment and a secured means of having our assets stored, its all about financial freedom with bitcoin in a decentralized network.

This is why I am particularly passionate about anything that has to do with Bitcoin. Because for me, Bitcoin is a salvation to the financial sector in the sense that it helps a lot of people to move away from the centralized system which seems to be like a cage where you have no choice than to operate within the purview of the government or within certain standards that governments have set for you.

So, it's like you can't operate outside the enclave and this still goes back to the neocolonialism and the power of a few over many kind of setting or scenario. And what Bitcoin has done that has stood it out amongst every other technology that I've witnessed in my life is it has come to break that jinx to bring about a decentralized system where everybody has a stake in the financial assets that they own.

So, there is nothing like having some set of authorities to predetermine how the market would move or how your assets would be valued. Rather, you have a system that each and every one of us can become stakeholders in ensuring that our assets are valued in some certain ways. I believe there are still more developments to Bitcoin. I believe a lot of modifications might happen in the future.

A lot of advancements might come to the Bitcoin technology or the cryptocurrency technology. But this particular one that birthed Bitcoin was a humongous one and one would continue to say kudos to Satoshi Nakamoto for bringing such a landmark advancement to the technology of the world.
sr. member
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Maybe for people who hope for a decentralized financial system, Bitcoin could be a hope for now and in the future. But that's all, because Bitcoin cannot be a solution for empowerment and financial inclusion, since its function is mostly for transactions. Because if it functions as a banking solution, it means that Bitcoin must be managed by a centralized system and Bitcoin cannot achieve this.
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It's not just bitcoin that we can do that kind of thing that Frankl's talking about, there's other things that you can do too like helping them, giving hope in other ways is much better than talking about it. Bitcoin does offer hope but at the end of the day, we got to remember that it's always going to be us, humans that will materialize whatever hope or future that we want to see, we can all keep talking and dreaming all we want, we will never ever see any fruit of that dream if we've got no action, remember that bitcoin is just a tool and it's only as useful as the people that's going to use it.
full member
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★Bitvest.io★ Play Plinko or Invest!
I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.
i just wanna wish that one day  people will realized all this points given for them to invest and try having at least small amount of  bitcoin in their pocket to consider for the future of not just them but for their family.
I love how you mentioned this here about BEACON of HOPE, Bitcoin is indeed for this present and for future.
hero member
Activity: 2800
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Bitcoin can be seen as an opportunity for low income people. Those who think that their income is low. Bitcoin is a new motivation for those who are unable to fulfill any of their dreams in the future. This decentralized system does not understand any brassiness. No personal attacks can be accepted. As a result, an investor can achieve his or her goals through Bitcoin with complete independence. I have personally seen changes in the condition of some individuals that can be emulated by others. He realized some of his unfulfilled hopes in the past few years by investing in Bitcoin. Bitcoin is a symbol of trust for every human being. Not only the rich will benefit from this. Even a relatively poor person can make a living from this platform using long-term Bitcoin investment strategies.
Whoever you are, rich or poor, Bitcoin is a great earning opportunity. Rich people buy Bitcoin not hoping they will be earning more but they see this will be a great idea to continue increasing their monthly/yearly revenue. For poor people, this is a big thing for them but unfortunately, with their limited source of funds, that also limits their investment journey.

More and more people are into BTC investment because many people have also opened their minds and are educated already. Many people understand the risks and are courageous enough to take it which is literally a factor that helps us gain interest and see the possible benefits we get today and in the future.
legendary
Activity: 2058
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HODL

Correct, probably if there's a new religion named Bitcoin exist in his country, I won't be surprised he would join this new religion.

The funny thing is people are saying Bitcoin is decentralized bla bla when actually they use centralized exchange to buy Bitcoin and when you ask them how to buy Bitcoin via P2P, they will answer Binance P2P, paxful etc which is also centralized.


Haha, you pointed out a point that everyone tries to hide. People always shout that bitcoin is decentralized, that bitcoin helps them improve privacy, but they are using top exchanges like Binance, OKX or Coinbase to buy and trade bitcoin. If we're being honest with each other, I'd really like to know how many members on the forum don't use centralized exchanges?



There's no financial freedom, except someone have many autopilot businesses or have Billion dollars in investment, which I believe @OP is neither of them.

Most people who choose and invest in bitcoin are people who are trying to become rich with their little capital, they think that before bitcoin can increase millions of times and they think that it will happen out again. So, they are paranoid that they will also become financially free thanks to bitcoin.

You are right, there is no financial freedom when investing in bitcoin and if that happens it will not be easy to achieve, there are too many people who have illusions about bitcoin, they even consider it more than god.
hero member
Activity: 952
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Whatever functions as currency, it must be an effective medium of exchange. Bitcoin has been used since 2009 as a medium of exchange for pizza, so when someone says Bitcoin is a beacon of hope for the current and future financial world, it is true because in the past bitcoin has become a new hope when exchanged for pizza.
The decentralized financial system that is closely attached to Bitcoin allows Bitcoin to become a global reserve currency in the future that replaces the role of the Dollar. As a beacon of hope for the financial world with a modern system that fiat cannot offer, Bitcoin technology will further enhance the transaction system in the future because of the development of a cashless society that eliminates traditional means of exchange.
hero member
Activity: 490
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Here we go again with treating bitcoin as if it's the second coming of Jesus Christ.

It's good and all that we revere bitcoin to a certain degree, to a lot of us here, we can deny how it changed our lives for the better and that's one big truth, but, making out bitcoin as some sort of ticket to financial freedom just isn't right, even though we have people here who fllipped millions of dollars thank to the cryptocurrency giant.

The thing is that, when you paint the narrative that bitcoin is nothing but a cash cow that people can use to instantly earn money whenever they please, you're inviting the wrong community of people to the industry, the ones that are not healthy for crypto in general as they will only be here for the instant profit, and when they can't get that, they'd cry and complain and spread FUD and lies wherever they go, which is not good for the industry. So if you want to dial in with the right community and set fair expectations towards those who just got into crypto right now, stop with the narrative that "bitcoin is the hope of the future" or "bitcoin is the answer to poverty", it's not. Your financial freedom still lies in your hands, work your ass off and be smart about money.
Correct, probably if there's a new religion named Bitcoin exist in his country, I won't be surprised he would join this new religion.

The funny thing is people are saying Bitcoin is decentralized bla bla when actually they use centralized exchange to buy Bitcoin and when you ask them how to buy Bitcoin via P2P, they will answer Binance P2P, paxful etc which is also centralized.

There's no financial freedom, except someone have many autopilot businesses or have Billion dollars in investment, which I believe @OP is neither of them.
jr. member
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I do not believe that Bitcoin is the solution and hope for all your economic problems, but rather it has removed the need for banks or any third party to control your money. If you want to send or receive your money across borders, you can do so without it being frozen or an employee asking you for a lot of information about you, but the solution to your economic problems begins with learning. Reducing your expenses, saving and investing, Bitcoin can benefit you as an asset with increasing value.

Nugget. Bitcoin is only one of the valuable means to curtail your economic problems. Likewise investing in a promising asset like Bitcoin overtime will yield more dividend for you.

In a world with centralised economic system runned by governments, Central Banks, bitcoin have given freedom to own and manage your assets yourself also helping one while making  huge transactions (currently most transactions done is carried out in the bitcoin network).
Most persons now save and liquidate fait  from banks to bitcoin network because of bank charges and inflation related value losses, and ensuring more security over there assets.
full member
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Cashback 15%
I do not believe that Bitcoin is the solution and hope for all your economic problems, but rather it has removed the need for banks or any third party to control your money. If you want to send or receive your money across borders, you can do so without it being frozen or an employee asking you for a lot of information about you, but the solution to your economic problems begins with learning. Reducing your expenses, saving and investing, Bitcoin can benefit you as an asset with increasing value.
Bitcoin as an investment choice is not so easy as most people think cause investing also needs planing, planing is needed for everything to ensure success. At first from my perspective, bitcoin gives freedom to the masses and makes transactions across borders fast and simple with no third party. The fiat system looks complicated these days but I'm actually speaking for my locality, seeing the scam and fraud looks scary. Allowing a third party when it comes to financial issue is difficult but we have no choice. I clearly understood what op is referring to, treating bitcoin as a valueble asset and store of wealth for feature use is perfect so I see where the hope is coming from.
full member
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Due to the fact that bitcoin have been seen as one of the best assest, if not the best assest to invest in, because of the rapid growth in value which it has gain ever since creation. This have made it hopes for people who believe in it, and invest in it, as long as you understand how to invest and you have a means of income that you can use little part to invest in bitcoin. It will serve as safe haven for them in future, because the price of bitcoin increase with time-line.

However, it is not everyone that will benefit from bitcoin, because some are feeling not safe investing in it, while some are just too poor and are in an interior community where they cannot have access to the internet. Then some  believes that they are too rich or knowledgeable to invest in bitcoin. This is why not all will benefit from bitcoin, but only individuals who are have the opportunity to invest and took advantage of it.

Not the biggest asset, but if you say the biggest virtual asset and money, then you are correct because other assets are by far bigger than Bitcoin, starting with real estate, oil, and many more. Virtual bitcoin is king and its potential to have a lot of purposes makes people interested. The value of Bitcoin keeps dropping and increasing and that is how stocks behave, which is good to allow investors to be able to invest. and that is what is currently about to happen This is the month of halving and the impact on price may lead to a bull run, according to market experts.

And that belief that people have given to Bitcoin has made it increase in price because people keep giving hope to Bitcoin, and from encouraging people, the number of investors is also increasing, and every year its price displays, so if you are holding hold tight, and if you are trading, then continue trading bitcoin. Don't fail people it is just for you to wait for your season of making a profit, and if you are patient enough, then your goal will be met.
hero member
Activity: 1582
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With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.
I never thought of this extent of involvement in bitcoin and was fortunate enough to get to know bitcoin because it provided an opportunity to reach a stage of financial change from before. There is hope when fiat currencies continue to lose value and bitcoin provides the idea of freedom for anyone who wants to make an investment asset. Now people are starting to realize that Bitcoin is one way to determine the direction of the money we have, because if we make the right investments, the money we have will definitely be more productive.

People's thought cycles will continue to follow developments with the times and if they fail to understand technology they will be increasingly left behind. So it's a good idea now for us to start introducing this system to children, although the method can be adapted to their thinking abilities. Bitcoin has shown validity in terms of resilience, making it increasingly widespread in terms of adoption.
hero member
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Bitcoin can be seen as an opportunity for low income people. Those who think that their income is low. Bitcoin is a new motivation for those who are unable to fulfill any of their dreams in the future. This decentralized system does not understand any brassiness. No personal attacks can be accepted. As a result, an investor can achieve his or her goals through Bitcoin with complete independence. I have personally seen changes in the condition of some individuals that can be emulated by others. He realized some of his unfulfilled hopes in the past few years by investing in Bitcoin. Bitcoin is a symbol of trust for every human being. Not only the rich will benefit from this. Even a relatively poor person can make a living from this platform using long-term Bitcoin investment strategies.
sr. member
Activity: 1652
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Bitcoin carries with it the hope for a more equitable and inclusive future.
There are many individuals who never imagine them self to be able to have something to invest in because of their very little source of income. Some of these people have engaged in activities like gambling where they know that they can win a fortune and change their story as a way to maintain hope about the future. Bitcoin provides this sort of hope because proper discipline investing in it even with the little source of income can be a way to financial independence in the future. It is a reason why many young people especially are adopting it, not as a get rich quick scheme, but as a way to be rich.

Bitcoin is one of the most well-known virtual currencies today, with its value rising dramatically since its launch in 2009.Bitcoin is a form of digital currency that aims to eliminate the need for central authorities such as banks or governments.In the actual sense,bitcoin has served as a beacon,and it's still serving as a source of financial liberation to us.

Bitcoin is beacon,it has reduced the hardship and burden that banks and government has caused for regular people.Many people finances and career has been under threat;and some people have not still experienced bitcoin at all,but whenever they come to know about bitcoin,bitcoin will eventually surface as thier beacon to seek financial freedom.
hero member
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Bitcoin is about opportunity, not just money. It gives those left behind by the old banking system hope like a contemporary beacon.  I know some need convincing, but Bitcoin gives people control over their money. Real financial freedom without interference or cuts. This isn't a fantasy. It's about world change and fairness. Think large, global transformation. Bitcoin has that potential. Study this, be wise, and work for a future where everyone is financially included. That's worth fighting for and will be tremendous
hero member
Activity: 812
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By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future.

Yes, we cannot pretend that we have not seen so many positive impact of bitcoin in our lives, you can imagine that from the way people all over the world are trying to adopt for the use of these digital currency because of its many benefits that it serves, we have the financial freedom, profitable investment and a secured means of having our assets stored, its all about financial freedom with bitcoin in a decentralized network.
hero member
Activity: 2044
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Leading Crypto Sports Betting and Casino Platform
I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.
Here we go again with treating bitcoin as if it's the second coming of Jesus Christ.

It's good and all that we revere bitcoin to a certain degree, to a lot of us here, we can deny how it changed our lives for the better and that's one big truth, but, making out bitcoin as some sort of ticket to financial freedom just isn't right, even though we have people here who fllipped millions of dollars thank to the cryptocurrency giant.

The thing is that, when you paint the narrative that bitcoin is nothing but a cash cow that people can use to instantly earn money whenever they please, you're inviting the wrong community of people to the industry, the ones that are not healthy for crypto in general as they will only be here for the instant profit, and when they can't get that, they'd cry and complain and spread FUD and lies wherever they go, which is not good for the industry. So if you want to dial in with the right community and set fair expectations towards those who just got into crypto right now, stop with the narrative that "bitcoin is the hope of the future" or "bitcoin is the answer to poverty", it's not. Your financial freedom still lies in your hands, work your ass off and be smart about money.
hero member
Activity: 658
Merit: 519
Leading Crypto Sports Betting & Casino Platform
Due to the fact that bitcoin have been seen as one of the best assest, if not the best assest to invest in, because of the rapid growth in value which it has gain ever since creation. This have made it hopes for people who believe in it, and invest in it, as long as you understand how to invest and you have a means of income that you can use little part to invest in bitcoin. It will serve as safe haven for them in future, because the price of bitcoin increase with time-line.

However, it is not everyone that will benefit from bitcoin, because some are feeling not safe investing in it, while some are just too poor and are in an interior community where they cannot have access to the internet. Then some  believes that they are too rich or knowledgeable to invest in bitcoin. This is why not all will benefit from bitcoin, but only individuals who are have the opportunity to invest and took advantage of it.
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My privacy, my right.
In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking.

what will you do to own bitcoin if you don't have money , bitcoin is not provided for free to people with unstable economies ? And if you don't use a bank , don't use a traditional currency system, how can you buy bitcoin ?
I believe there are persons that own bitcoin today that didn't bought the bitcoin through any traditional banking. There are bitcoin owners with digitalized skills like web and graphic designing, domain creation etc and they are paid with BTC, all they had to to was to create a wallet and get their wallet address available for deposit payment for their services without passing through any bank service. But this in anyway doesn't mean that the traditional banking system is turned irrelevant, not really, they do have a role they play in society.
Quote

In the bitcoin whitepaper, bitcoin is likened to a currency but bitcoin is becoming an investment.  I don't see too many people using it as a currency, and I don't think there's any chance of it becoming a replacement for the current monetary system . what I'm seeing is people taking advantage of its volatility to get rich and become financially free.
Bitcoin for many if not all users/holders is mostly for investment purpose than transactional use as it is with fiat in our daily economical activities.  What's crucial in it all is that bitcoin has given and still giving a whole lot of persons the opportunity to make and have investment that creates financial freedom for them which they were limit with the centralized fiat system.
hero member
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In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking.

what will you do to own bitcoin if you don't have money , bitcoin is not provided for free to people with unstable economies ? And if you don't use a bank , don't use a traditional currency system, how can you buy bitcoin ?

In the bitcoin whitepaper, bitcoin is likened to a currency but bitcoin is becoming an investment.  I don't see too many people using it as a currency, and I don't think there's any chance of it becoming a replacement for the current monetary system . what I'm seeing is people taking advantage of its volatility to get rich and become financially free.
full member
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for people living in developed areas and have access and both knowledge it is a beacon of hope for them as they will have the ability to save their asset without going through banks and this asset will not be subjected to inflation like the fiat does but aside this people the bitcoin is still like a fairy tale just like how the internet it self has spend years and still people cannot get better off it due to their economical and geological condition. Bitcoin only eases cross boarder transaction and doesn't solve some of the nations economical conditions that we attached to it.
newbie
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I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.
BTC is not yet a common currency outside of El Salvador

It isn't even common in El Salvador; nearly no one is using it there. Just because they made it legal tender doesn't mean it was adopted. Do some research instead of eating the maxi b.s. that is posted here. 
 
It doesn't surprise me; the AVG person isn't going to understand wallets, addresses, or exchanges, nor should they just blindly trust them.
 
hero member
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Rollbit
Bitcoin carries with it the hope for a more equitable and inclusive future.
There are many individuals who never imagine them self to be able to have something to invest in because of their very little source of income. Some of these people have engaged in activities like gambling where they know that they can win a fortune and change their story as a way to maintain hope about the future. Bitcoin provides this sort of hope because proper discipline investing in it even with the little source of income can be a way to financial independence in the future. It is a reason why many young people especially are adopting it, not as a get rich quick scheme, but as a way to be rich.

I have seen quite several people who are relying their faith in financial freedom with gambling, but I haven't seen enough young people who are actually accumulating bitcoin little by little or DCAing. What the young generations were doing was to add hype with shitcoins and scam projects to get rich in a much quicker way. And yeah I am talking about Gen Z people. Though I've seen a few, at least here in my country, but most of them are into alts which will eventually rug pulled on the latter.
legendary
Activity: 2072
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✿♥‿♥✿
Too loud a conclusion to be true. Bitcoin can be a good safety net to save your money from inflation, but it cannot save the world. Unfortunately, the people who need help the most often do not have basic access to the Internet. How can they advance to the lighthouse if they have neither knowledge nor means? Knowing all the advantages of Bitcoin, we can only guide people to familiarize themselves with and study it so that people themselves begin to understand that Bitcoin can be one of the ways to change their future.
hero member
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I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.

Religious sects are also giving "hope for the future" to their members.
Communism also gave a hope for the future to all socialists/communists, in the form of an egalitarian utopian society, where all needs will be met and there will be no poor people and exploitation.
That's why I'm always skeptical about any ideology or system that gives the people "a hope for the future". Everyone hopes that Bitcoin will hit moon and they will make some easy money, but what happens after Bitcoin hits the moon? Will the price stay on the moon? Grin it will most likely crash and go down. Maybe it's the ups and downs of the BTC price that are giving hope to the traders.
Anyway, I agree with the "be your own bank" principle of BTC, but most Bitcoiners are using centralized crypto exchanges so this seems more like hypocrisy to me.
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I do not believe that Bitcoin is the solution and hope for all your economic problems, but rather it has removed the need for banks or any third party to control your money.
True, not all people can understand bitcoin or they could not even utilize and maximize the potential of bitcoin, in short bitcoin is not for everyone, so yeah bitcoin may not be the solution for all people who is facing financial problems or the economy problems, because economy is a bigger problem so we can't expect that bitcoin alone can solve it, and how can bitcoin solve the economy problems if not all people can be able to do bitcoin or earn from it, let's face it, no matter how powerful bitcoin is, if not majority of people can utilize and use it then it doesn't change a thing, right now bitcoin or crypto currency is only know to certain number of people around the world and not all are ready or open to knowing and adopting it. Even with the current price of bitcoin, not all people wanting to invest in it can earn or ride the bull run. Some will, of course, stumble as they don't have proper guidance in navigating bitcoin.
hero member
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Give all before death
You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.
Bitcoin holds many opportunities that would be beneficial to individuals, corporate bodies and even nations. Decentralization gives people the freedom to use money the way they want without restrictions placed by the government. It also promotes privacy which enables individuals to hide their financial transactions or worth.

Currently, Bitcoin is used more as an investment than a currency. In most countries where it is popular it is hardly used to pay for goods and services but many people use it as a speculative asset. Although the currency could be bought in bits which gives people the opportunity to buy based on their income many people still cannot afford to buy it. In the future, I also think that it will be difficult for low-income earners to have access to it. So I doubt if Bitcoin will promote an equitable and inclusive financial system.

Bitcoin promotes decentralization but from the way institutional investors are rushing into the sector, centralisation is now becoming the order of the day. Many people are now attracted to investment packages offered by some ETF providers instead of having the keys to their investment. Maybe things will turn out better in the future.
legendary
Activity: 2044
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I do not believe that Bitcoin is the solution and hope for all your economic problems, but rather it has removed the need for banks or any third party to control your money. If you want to send or receive your money across borders, you can do so without it being frozen or an employee asking you for a lot of information about you, but the solution to your economic problems begins with learning. Reducing your expenses, saving and investing, Bitcoin can benefit you as an asset with increasing value.
Bitcoin is not a therapy for a national or global economy and any economic problem. It only can be a therapy for an individual to improve his/ her financial status, increase his/ her wealth by investing in Bitcoin and hold it a long time.

For economy, whatever at national or global level, it must be solved by a nation, its government, central bank, and combination of global efforts from many countries, Bitcoin can not do it for any nation or the whole world.

It is more easily to help a person to improve individual wealth than help a nation or the world. A bigger and wider scale, there will be more complicated combination of many factors and Bitcoin can not solve or improve all of those factors.
sr. member
Activity: 2366
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Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.

There are a few problems with this. The extremely poor people don't have access to phones, computers, internet and computer literacy needed to safely use Bitcoin. They also wouldn't be able to afford to pay Bitcoin network fees during times of congestions. And they don't have any money to invest in Bitcoin as a store of value.


Very true and this is a very important issue and also requires a long time that will never be known for how long, it is true what the OP said, but we also have to think about this issue.
And to use Bitcoin it must be supported by circumstances, facilities, intelligence and also the ability to think to develop and financial capabilities. And these are all very important provisions to have, and many poor people experience problems with all of this, including internet access which still has many problems, especially in remote areas.
legendary
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Buy/Sell crypto at BestChange
I do not believe that Bitcoin is the solution and hope for all your economic problems, but rather it has removed the need for banks or any third party to control your money. If you want to send or receive your money across borders, you can do so without it being frozen or an employee asking you for a lot of information about you, but the solution to your economic problems begins with learning. Reducing your expenses, saving and investing, Bitcoin can benefit you as an asset with increasing value.
hero member
Activity: 966
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In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it.
Bitcoin gives full control to the owners. The saying “Be your own bank” resonates so well with Bitcoin but some bitcoiners shy away from the responsibility of being their own bank. They use bitcoin wrongly, storing bitcoin in centralized exchanges and choosing wallets that are closed source.
hero member
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I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.
Bitcoin spending over a decade and doing greatly well can be a pointer to bitcoin potentials for the future and even the present moment because bitcoin is much more easier for transfer of ownership and long term holding as an asset without any third party involvement thos freedom make bitcoin suitable for all both the bankable and unbanked alike and so much so we have to point to the financial I dependence that comes along  with bitcoin and holding it within a certain period of time.

First of all with bitcoin,  the holder have the 💯 right and control over the asset and can send I to any receiving wallet without any trace unless for non custodial transactions, bitcoin is the best financial tool for a time like this when the traditional economy is in crisis and need alternative to ease individuals pressure in both investments  and currency for daily transactions.
legendary
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Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.

There are a few problems with this. The extremely poor people don't have access to phones, computers, internet and computer literacy needed to safely use Bitcoin. They also wouldn't be able to afford to pay Bitcoin network fees during times of congestions. And they don't have any money to invest in Bitcoin as a store of value.

legendary
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The key success behind bitcoin is the technology and the purpose behind its development. It is more futuristic and gives hope to everyone who finds the real goodness in it. Not everyone is aware of it, because people have begun to be part of the bitcoin network for its growth and profit rather than the unique features it holds. When we talk of bitcoin's growth, it always reminds me of Laszlo Hanyecz, the bitcoin pizza guy. Maybe bitcoin couldn't have grown this high in value as well as in terms of popularity. In such a scenario, bitcoin is a beacon of hope for the present and future. This happened through Satoshi and Laszlo Hanyecz.

In this market, people will only truly understand the significance of this technology when they are actually doing the transactions using this currency. Because if they will only speculate and just observe, they won't understand what is really going on in this tech.
But when a person uncovers the benefits or advantages of this technology, they will feel grateful to have been part of this market.
hero member
Activity: 2492
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8ombard - Pick, Play, Prosper!
The key success behind bitcoin is the technology and the purpose behind its development. It is more futuristic and gives hope to everyone who finds the real goodness in it. Not everyone is aware of it, because people have begun to be part of the bitcoin network for its growth and profit rather than the unique features it holds. When we talk of bitcoin's growth, it always reminds me of Laszlo Hanyecz, the bitcoin pizza guy. Maybe bitcoin couldn't have grown this high in value as well as in terms of popularity. In such a scenario, bitcoin is a beacon of hope for the present and future. This happened through Satoshi and Laszlo Hanyecz.
hero member
Activity: 896
Merit: 653
I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.
Yes, indeed Bitcoin is a beacon of hope for both the present and future of finance due to it's potentiality offering us an asset medium where we can still have full control and access over our funds without third party restrictions, because truly, long before the emergence of Bitcoin, we all know how the financial system works, whereby though there was security of funds, we never had full access and control over the movement of our funds, hence Bitcoin came to break such barrier, and yet still providing value to those who stick to hodling it, rather than keeping money in banks, which are prone to economic inflation.
member
Activity: 84
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₿itcoin maximalist
I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.
I also thought about fairness and financial self-sovereignty in the future when reading the Bitcoin Whitepaper, but to be honest, I think the role of BTC has changed now: BTC is not yet a common currency outside of El Salvador. BTC is seen as an asset for accumulation or investment. The biggest value I still see in BTC is that it helps me self-custody the value of my labor without fear of being affected by inflation or government asset freezes.

Some people say that BTC is leading the entire crypto market, but I don't think this is important to me because I don't hold any altcoins Smiley

I am also quite concerned about the negative impact of spot BTC ETFs on decentralization, self-custody, and the ongoing financial revolution, but perhaps there is nothing I can do to change the inevitable trend of the financial market, where BTC has become an important part.
legendary
Activity: 1246
Merit: 1071
Bitcoin carries with it the hope for a more equitable and inclusive future.
There are many individuals who never imagine them self to be able to have something to invest in because of their very little source of income. Some of these people have engaged in activities like gambling where they know that they can win a fortune and change their story as a way to maintain hope about the future. Bitcoin provides this sort of hope because proper discipline investing in it even with the little source of income can be a way to financial independence in the future. It is a reason why many young people especially are adopting it, not as a get rich quick scheme, but as a way to be rich.
sr. member
Activity: 504
Merit: 283
I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.
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