Bitcoin is a Lifeboat - page 3. | Bitcointalksearch.org

jamalaezaz

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Quote from: DeathAngel on March 03, 2021, 10:09:49 AM

I’ve been on that lifeboat for many years & I don’t intend on getting off any time soon. Fiat currencies & traditional investments are collapsing right in front of our eyes. Bitcoin is the lifeboat, don’t waste any time getting on board.
Inflation & negative interest on savings are coming, don’t get left behind.

thank god that I have also joined Bitcoin in 2016. I was not very early but still earlier than a lot of people who just joining when bitcoin is 50k. When I joined Bitcoin price was $500. so I agree entirely with the point that bitcoin is the lifeboat.
Everyone who joins it and hold on it. will survive in future financial crisis. and anyone who denies it and go with fiat will face huge consequences in the future when fiat will fully collapse.
so there is still time to get in the boat of bitcoin and save yourself from banks, govt, and corporate system

josgandosbro

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Bitcoin is future currency. It future savings. So people invest and hold the Bitcoin long time. Bitcoin coins any time to change the price. So time to invest. Before buy the Bitcoin check the market place price. It any time to change. Hold the Bitcoin long time and wait for the price increase then people will be released the Bitcoin in the marketplace.

adzino

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Quote from: kryptqnick on March 03, 2021, 11:28:03 AM

Fiat might be sinking, but it can still last for a long time. I mean, how long can it keep sinking before it drowns: are we talking about another year, 10 years or maybe 70 years? He's talking about inflation as the kind of sinking, but when inflation is stable, it can indeed go on for a long time without major issues. Moreover, lifeboats can only take some people, whereas if too many suddenly head for them, they're all going to sink. Bitcoin transactions would get stuck way more often, and the fees would get even higher if people suddenly move away from fiat.

Sorry to disappoint, but anyone who thinks fiat is going to "sink" and then we will jump on a lifeboat (bitcoin) are plain stupid. Fiat won't sink anytime soon. The government will make sure of it. Fiat is very important to them. As soon as they realize that fiat can no longer sustain the economy, they will come up with some "centralized" that they will be able to control (like fiat). They won't randomly replace it with bitcoin or any decentralized currencies. So people should stop dreaming about that.
And yeah like you said, when everyone boards the same lifeboat, the boat itself is going to sink.

skarais

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OP, let me show the community the real face of Andreas Antonopoulos from the video that will be watching. This will open up more familiarity with the bitcoin community. Click the image for watching video.

For many reason, I just wanted to be in that lifeboat indefinitely. Bitcoin has at least freed me from the various financial problem I face in the real world. Bitcoin is the future that the financial system need. Decentralization has given users the freedom to manage their own money without being controlled by any authority.

famososMuertos

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Quote

...we are also going to talk about what you need to know and what you need to do to live in this new environment the ship is sinking...

^{source:https://youtu.be/stN03wk_Wzs?t=82}

He is one of the best disseminators, who not only knows what to say from the interpretations of an analyst with an economic vision, but also understands Bitcoin. Good recommendation not only for this video, in general this Mr. creates very well founded content.

I think that in a certain way that lifeboat has had its stages throughout all of these years and each time that lifeboat becomes smaller so you do not have to wait for them to notify you to embark...

Arkann

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Quote from: kryptqnick on March 03, 2021, 11:28:03 AM

Fiat might be sinking, but it can still last for a long time. I mean, how long can it keep sinking before it drowns: are we talking about another year, 10 years or maybe 70 years? He's talking about inflation as the kind of sinking, but when inflation is stable, it can indeed go on for a long time without major issues. Moreover, lifeboats can only take some people, whereas if too many suddenly head for them, they're all going to sink. Bitcoin transactions would get stuck way more often, and the fees would get even higher if people suddenly move away from fiat.

I think that everything depends primarily on the society, since the government inevitably raises the inflation rate by printing new voluminous paper money, and this leads to higher prices for goods, as well as to the depreciation of all savings. When people understand this, they will in any case look for an opportunity to save their funds by investing in alternative assets. It is a pity that at this stage, few people perceive Bitcoin and other rated cryptocurrencies as reliable storage, since they have clear signs of a speculative instrument.

kryptqnick

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Fiat might be sinking, but it can still last for a long time. I mean, how long can it keep sinking before it drowns: are we talking about another year, 10 years or maybe 70 years? He's talking about inflation as the kind of sinking, but when inflation is stable, it can indeed go on for a long time without major issues. Moreover, lifeboats can only take some people, whereas if too many suddenly head for them, they're all going to sink. Bitcoin transactions would get stuck way more often, and the fees would get even higher if people suddenly move away from fiat.

k@suy

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Quote from: ?? on ??

Bitcoin is like Noah's ark for us. The time change, technology change and also people change. From fiat to bitcoin, it will become more and more useful thing but I still believe that bitcoin will not replace fiat currency. There's a lot of things to consider before it will happen if ever.

It becomes our lifeboat since we knew bitcoin, it just happens that it gains more attention and popularity this pandemic and fiat is not convenient to use because it is safer to use digital money in every transaction, bitcoin serves as an eye opener to the world that we need to have an innovation our technology is fast-paced and we need to improve our economy and the way we used to it because we have many options now not only FIAT.

mezzaluna

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★Bitvest.io★ Play Plinko or Invest!

Quote from: dkbit98 on February 26, 2021, 09:23:38 AM

Andreas Antonopoulos made a great video for everyone to watch, both for newbies who don't know anything about Bitcoin and as reminder for everyone else who is watching Bitcoin price waves now.

All fiat currencies are in war with each other and with Bitcoin, and their big boats are all sinking at different speed but they are surely sinking.

Central Bank Digital Currencies and corporate coins like Libra are just a distractions.

Bitcoin is a Lifeboat, so you better prepare and help others prepare for future events with sharing this video:

source video: https://youtu.be/stN03wk_Wzs

That is actually a good comparison. Without pertaining to the attached video, we really can say that Bitcoin and other Cryptocurrencies can act as a life boat for people or users with knowledge of it. The opportunity that Cryptocurrencies presented in everybody's life has this great impact in which it really helps people like what would an actual life boat do. Bitcoin presented the opportunity for people to use it as another income generator and we can invite people to join this life boat too.

wack slacker

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Since Bitcoin hit a new ATH of $ 58,000, the world has added 100,000 Bitcoin millionaires. That is proof that Bitcoin was an asset that performed extremely well during the pandemic.
With continued speculation from major companies and institutions around the world on Bitcoin, I firmly believe that Bitcoin will have a higher value.
In Nigeria, people trust Crypto more than fiat money and they have the top 5 user count and transaction volume in the world.

DeathAngel

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I’ve been on that lifeboat for many years & I don’t intend on getting off any time soon. Fiat currencies & traditional investments are collapsing right in front of our eyes. Bitcoin is the lifeboat, don’t waste any time getting on board.
Inflation & negative interest on savings are coming, don’t get left behind.

avikz

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Quote from: dkbit98 on February 26, 2021, 09:23:38 AM

Andreas Antonopoulos made a great video for everyone to watch, both for newbies who don't know anything about Bitcoin and as reminder for everyone else who is watching Bitcoin price waves now.

All fiat currencies are in war with each other and with Bitcoin, and their big boats are all sinking at different speed but they are surely sinking.

Central Bank Digital Currencies and corporate coins like Libra are just a distractions.

Bitcoin is a Lifeboat, so you better prepare and help others prepare for future events with sharing this video:

source video: https://youtu.be/stN03wk_Wzs

So with this you are suggesting that there will be no nations on the face of earth in future! One government will rule the entire world and the local fiat currencies will be extinct. Otherwise I don't see this happening ever in the future.

There are endless ways to fight inflation and do you think a sinking government with weak currency will not adopt to those? Will IMF or World Bank not step in if the world sees a great economic crisis at this scale!

Ypur argument sounds good as a conspiracy theory only but far away from reality!

AakZaki

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zknodes.org

Quote from: ?? on ??

Bitcoin is like Noah's ark for us. The time change, technology change and also people change. From fiat to bitcoin, it will become more and more useful thing but I still believe that bitcoin will not replace fiat currency. There's a lot of things to consider before it will happen if ever.

fiat can never be replaced by bitcoin. Fiat will remain the national currency and major currency. Bitcoin is just another alternative to a more revolutionary method of payment. Bitcoin and its technology make fiat even better. Bitcoin brings future technology that is increasingly being developed and various kinds of new innovations that use blockchain technology and cryptocurrency.

ashmodeus

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well , what a great explaining from him . i never thought every of it can be explained by simple fiat ship and independent lifeboat , but that seems like too much about traitors in our own country. since choice its depend of us, well probably because i am live in the democratic country which mean people have their own choice. To be clear what i get here is the creator want to tell us about can u look about weirdness about bitcoin ? because its time to leave from a comfort zone since its totally screw up right now ,money or fiat have a unlimited supply but backed by their government and bitcoin is a limited but backed by nothing ,for now, just matter of time till bitcoin really consider as a legitimate investment

kuto

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Semi-Decentralized Exchange

Quote from: ?? on ??

Bitcoin is like Noah's ark for us. The time change, technology change and also people change. From fiat to bitcoin, it will become more and more useful thing but I still believe that bitcoin will not replace fiat currency. There's a lot of things to consider before it will happen if ever.

I agree with your idea, as an add on, bitcoin as a lifeboat simply tells us that it is not permanently be in its place. It goes up and sometimes down and it will develop more and more. Its connection to others and usefulness to people will also change.It gives us opportunities such as getting new earnings and payments.

yazher

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Quote from: masterzino on February 27, 2021, 04:21:35 AM

I cannot accept Bitcoin as a Lifeboat. I don't expect even crypto to replace fiat.

But I accept crypto as a doorstep to many (earning) opportunities that don't exist in the fiat world. I'm optimistic but cautious.

Yeah! maybe that will gonna happen in the future but not today. As we can see we still in the process to spread the knowledge about it and there is a more far concern from that which is most likely ignored by those who are new in this industry. I'm talking about the proper research before investing and the more people know exactly how to use it the more we are getting close to that theory where people can really use bitcoin as a lifeboat whenever their economy is about to sink.

Silberman

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Quote from: Stalker22 on February 27, 2021, 03:23:39 AM

Bitcoin could provide a solution for countries (like Venezuela) that are mired in cash.

In Venezuela, the bolivar might as well not even exist, because it is literally worth less than the paper it’s printed on. The Venezuelan government has been forced to deal with the US Treasury and American sanctions. These sanctions banned any transactions of Venezuelan currency to the US and froze some of the country's assets. The Central Bank of Venezuela has therefore been forced to print notes and coins that are not accepted elsewhere, in order to stay afloat.
All of this could have been avoided had they integrated cryptocurrencies into their economy.

This would have been the best thing for the people of Venezuela but that is not in the best interest for the government and as such it did not happen, we must understand that governments derive a great deal of their power from their fiat currencies and as you may guess it doesn't matter what happens they are going to try to force people to use that fiat currency even if that means that they crash the economy and they sentence millions of people to live in poverty for the rest of their lives.

Lanatsa

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Quote from: masterzino on February 27, 2021, 04:21:35 AM

I cannot accept Bitcoin as a Lifeboat. I don't expect even crypto to replace fiat.

But I accept crypto as a doorstep to many (earning) opportunities that don't exist in the fiat world. I'm optimistic but cautious.

I have on the same behavior or belief into myself that even how far we've been able to reach out into this market with Bitcoin or crypto as whole then I don't really still believe

that Bitcoin would able to replace Fiat no matter what.I don't see for it to be happening even on my wildest dreams where I don't see any possibility nor chances.

If we do switches up to digital then it had been started for a while now and I would rather believe that will be the closest option for the entire population to have
but of course to those who are crypto lovers then I cant really blame them off.

aoluain

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The vast majority of the worlds population will be in the sinking FIAT boats and a lot of
wealthy people and corporations are waking up to the reality of what is happening to FIAT.

Bitcoin is definitely an option and as far as some might say, the strongest option.
The FIAT boats are sinking and are going to take a lot of wealth with them.

fiulpro

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Quote from: dkbit98 on February 26, 2021, 09:23:38 AM

Andreas Antonopoulos made a great video for everyone to watch, both for newbies who don't know anything about Bitcoin and as reminder for everyone else who is watching Bitcoin price waves now.

All fiat currencies are in war with each other and with Bitcoin, and their big boats are all sinking at different speed but they are surely sinking.

Central Bank Digital Currencies and corporate coins like Libra are just a distractions.

Bitcoin is a Lifeboat, so you better prepare and help others prepare for future events with sharing this video:

source video: https://youtu.be/stN03wk_Wzs

It's an investment , a Strong Investment at that and at the same time Bitcoins as a whole have the capability to make people realize the importance of the decentralized system. Right now we are living in a world where the centralized bodies are being excessively dominant causing the society to collapse as a whole. Bitcoins and other cryptocurrencies are essential no doubt but they are essential when integrated with other things like : trade pairs , money , since we have not yet established a self sustained web in the Bitcoin economy. Honestly the author mentioned it as a lifeboat , not as the real boat , the real boat is the economy and when it collapses it would take the most people with it , there are numerous lifeboats which I would consider as Investments and Bitcoins is for sure the one of the best here.
Crypto won't replace fiat for sure, again we have to consider the poor countries and the countries where there is no widespread internet they would be cut off from the whole economy which is something weird and should not happen at the same time.
Plus the author is not talking about Bitcoins being the mainstream it might be considered as more of a option when the things go bad therefore I do think there is no point of debate here.

Topic: Bitcoin is a Lifeboat - page 3. (Read 789 times)