Bitcoin is a Lifeboat | Bitcointalksearch.org

fauzan123

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Yes, bitcoin is a lifeboat to those who believe on it and work with it in a genuine way. To those countries that accepted bitcoin in their environment are more develop than those country who still doubt bitcoin is not a real digital currency that will reduce unemployment in their country.
If you invest your money on bitcoin under the long term investment, be rest assure that within three years there will be
massive change in your investment.

Bitcoin is the world's first investment megatrend in which retail investors have led institutional adoption and the equity market has taught institutions over the past year that they can no longer ignore the influence of retail platforms.

MCobian

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Quote from: Latviand on April 05, 2021, 11:33:00 PM

People are now riding the bullish bitcoin but there are still possibilities that bitcoin can stay in that price for so long.

We never know if bitcoin will increase its price, let's just hope that there are a lot of good things for bitcoin to happen especially that we are keeping our eye on its price.

Bitcoin is really a lifeboat, we can be saved, we can loss our assets so it is our call if we will enjoy and take the risk of investing in bitcoin.

We do hope Bitcoin can continue to be bullish, and I believe that at least until the end of this year the Bitcoin price can still go up even higher.
Because with a lot of positive news related to Bitcoin, Bitcoin should be able to experience a higher price increase. Especially in situations of
economic crisis that occurred due to the pandemic which has not ended, Bitcoin can indeed be said to be a lifeboat. Because it can be a solution
for everyone to be a promising source of income, Please pay attention to the Bitcoin price movement which has continued to rise since the pandemic
began to spread in 2020. This proves that Bitcoin can indeed save a lot of people, simply by investing in Bitcoin, then we will get a profit. Moreover,
we are able to invest in Bitcoin in the long run, our future should be guaranteed, because the price of Bitcoin will rise much higher in the next few years.
So don't ever hesitate to invest in Bitcoin.

pixie85

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Quote from: Kong Hey Pakboy on February 27, 2021, 12:21:57 PM

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.

Same thought. Even with bitcoin's current status, we still can't conclude anything after all, especially of it's bitcoin we're talking about. I have seen a thread in this forum that the volatility rate of bitcoin is going down these days, but we can't trust on it. Yes, bitcoin has been a lifesaver for some but can't still replace fiat. We should just keep on investing in bitcoin and don't worry, this is the only start of the long journey bitcoin will take.

Some people never learn.

Andreas was saying the same thing when Bitcoin was worth 1 thousand, 10 thousand, 20 thousand and so on and people were always replying that this cannot happen.
The governments will not let us lose our money, they won't let fiat currencies die, they will destroy bitcoin Cheesy

It happens that every year for the last 10 years bitcon was getting stronger and fiat currencies were getting weaker. this is not going to change this or next year.

arwin100

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Quote from: maxig.boroday on February 26, 2021, 09:37:16 AM

Its either you hodl on it and survive or sell it and get nothing

I don't believe on that mate, we know that we are all here for the gains and whenever you sell your bitcoin to fiat you must always at that moment be on profits but not comparing a long term hodler to a short term hodler for profits, so, whenever anyone sell bitcoin they must have or make their respective profits imo. It's true that bitcoin is a life boat, and those who strongly believe in it will definitely survive the challenges and at the end be victorious.

We have different take upon this as others cannot take to hold due to some financial reasons where they think its enough for them to sell so that they have money to use on their tables thats why I'm kinda not agree with th word sell and get nothing there. Only rich guys can afford to hodl and most of low ballers in crypto are the one who take their profit and cashout.

I also believe bitcoin is a lifeboat since imagine when pandemic times where all is in lockdown some people income has been stop and we are lucky that bitcoin is here where it give us continuous profit.

Latviand

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People are now riding the bullish bitcoin but there are still possibilities that bitcoin can stay in that price for so long.

We never know if bitcoin will increase its price, let's just hope that there are a lot of good things for bitcoin to happen especially that we are keeping our eye on its price.

Bitcoin is really a lifeboat, we can be saved, we can loss our assets so it is our call if we will enjoy and take the risk of investing in bitcoin.

pankowri

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I like Andrea's video and he tried to illustrate the capability of the current position of bitcoin. In this time, people found bitcoin as a dependable, reliable, efficient currency. Bitcoin can rescue huge people finding the right way.

iTradeChips

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I have watched the video and it is being seen as if Cryptocurrencies will replace the system that we currently have, but in my opinion we are still a long way from that to happen. The current financial system might be having some downsides right now, but that is not really proof that Bitcoin will readily replace it anytime soon. Right now Bitcoin is not even being used as a currency and it is being used as an asset right now. So yeah, we will wait a long time for that to happen.

Mamun74

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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 everyone can know by watching this video.And we need to buy more BTC and hold long time. We can make huge profit from it.

DatKing

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The boats of fiat money continue to sink as digital currencies are getting more popular day by day. And after governments create their own digital currencies, we will all say goodbye to fiat so their boat will also completely sink. For now, Bitcoin is really seen as a life saver for especially the people whose fiat money in their country is in a bad condition.

nightxglow

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Fiats are sinking... lol it's a bit too dramatic but well it might happen, especially in the midst of uncertain economic situation like this, and this seems like never ending pandemic. I guess inflation is a serious issue in many countries right now, or even if it's not now, a lot really feared that this pandemic and unpredictable economic situation will make hyperinflation happens. It's understandable though, and bitcoin as a lifeboat might really be true as well. Now, bitcoin remains high and strong even in this pandemic, unlike fiat. We should surely take this opportunity and make the most of bitcoin, which might be our life boat if the fiat, or even economic is sinking. So i think that term is nice and suitable enough.

Darkelf11

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It looks if you stake a lot of bitcoin there's a chance it can make to save your future kindly a deep meaning on this but I think too hard to stake if you don't have anything unless you do a job to this pandemic and trust all of your bitcoin holds. If you want to survive you need to satisfy your needs first before making a don't in a life jacket of bitcoin. As you see at the start of this pandemic bitcoin are one of the staking coins when it drops those are the strong minds and strong people who hold their life in a cryptocurrency investments.

Matimtim

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The terms of lifeboat means the things use to survive, and yes bitcoin is like a boat that we can use now to survive even we are experiencing the world pandemic but with bitcoin we can stand and still fighting to make our future better, just make sure we know how bitcoin will change our life situation because what the use of boat if we don't know how to use it properly.

Yatsan

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For many people, they see Bitcoin as well as the whole cryptocurrency industry as a life boat for they have been save from the potential loss due to the worsening situation that the fiat is facing due to lots of contributing factors that are brought by unexpected effects making a big crash on the economy of different countries that are affected by those events. Well, it is kinda be true to say and been realized by many specially at the time of pandemic wherein stock market have been faced into a serious matter and people have saw great potential on Bitcoin and crypto making them to engage into it saving up their funds from potential loss. Treatment of people on Bitcoin as a life boat is all due to their experiences where they have been saved by it on their hard times and now they are living far beyond the life they have when they were just working into fiat. But still both are beneficial in their own ways so better be good to have investment on crypto and fiat as well.

Flying11Horse

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Quote from: rhomelmabini on February 26, 2021, 06:52:53 PM

Sooner or later that lifeboat will be much bigger it will rescue much people. The ship is sinking and we don't have to find another ship since the Bitcoin lifeboat will be the one that will take us into safety or make us winner, this reminds me of that famous game.

Yeah surely bitcoin is a lifeboat ,it has made many of us rich and will make others rich in future .It is the most powerful amongst the cryptocurrencies .It's
price increases and also decreases so anyone can buy it at their affordable price .The one is now in linked with Bitcoin will be rich is future and it has been proved when at 2017 it's priced hiked to a level of 20k USD many people became rich at that time.

Silberman

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Quote from: verita1 on March 05, 2021, 10:17:54 PM

Bitcoin is a lifesaver for everyone who wants to run away from inflation. Large corporations have realized this after trying all the traditional financial systems. Governments also show wrong policies when they print more money and create survival programs that are not the most effective.
Now bitcoin is driven by large investors who will take it to a good port because they know the advantages of saving their capital with bitcoin.

This is what should worry governments, for a long time they dismissed bitcoin because they thought that just a minority of people like us will ever use it, but now we are seeing that big companies are looking at the situation the economy is facing and they are choosing bitcoin as a way to protect themselves from the huge levels of inflation that we are going to see during the next years, and if this begins to catch up with other companies not only this will increase the price of bitcoin massively but it will also impact the trust the general public has in fiat currencies.

ecnalubma

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I can really felt this now that fiat is getting worst not to mention the high inflation rate in our country that might make middle classes poor. Thankful that I knew Bitcoin earlier filling the deficiencies of cash, the status of inflation could be unbearable in coming months so I’m preparing myself for the worsts cases scenario.

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Quote from: jerrison on March 06, 2021, 05:15:58 PM

indeed bitcoin is a great invention that can save not just people and institutions but also life chances in terms of financial opportunities. I can imagine what it holds for people when they actually know what the future of bitcoin is. Bitcoin is actually a financial lifeboat.

But only to those who are fully aware and does have the capability on dealing up with things.We cant deny that bitcoin could really save up from poverty or financial hardship

but still it do matters on how well we do deal with it.This isnt just a magic thing that will help us without doing anything.Of course we do need to put up effort
and in terms of investment then its normal to need up to put up some capital and we know that not all does have
the capacity to do so.

Shasha80

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I see Bitcoin will be bigger than just a Lifeboat in the future, because Bitcoin will be a big ship and can save a lot of people. For now I am very lucky
to be in Lifeboat because I was saved by Bitcoin, Therefore, my economy is in a pandemic situation like it is now getting better because of investing
in Bitcoin. I hope that more and more people will realize Bitcoin can save their lives, so from now on, don't hesitate to invest in Bitcoin and for those
who are already investing in Bitcoin, it is only a matter of time Bitcoin will deliver us as Bitcoin holders as winners.

jerrison

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indeed bitcoin is a great invention that can save not just people and institutions but also life chances in terms of financial opportunities. I can imagine what it holds for people when they actually know what the future of bitcoin is. Bitcoin is actually a financial lifeboat.

Twentyonepaylots

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The biggest casualty that the COVID-19 crisis committed is the USD, their government didn't know what to do now and is currently trying to pass a bill that will enable them to print more money, in hopes of it stimulating the economy. Although let's be real here, the only thing that's going to be stimulated is hyperinflation, especially if afaik, they are to print $1.9 trillion worth of USD.

BIT-BENDER

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Even if bitcoin is, some government like mine want us to go under The sea on a Fiat rickety boat, what will government do in future to frustrate crypto-currency user can be scary to think of, I well prepared for the hand over of Fiat, but I don't see the or a future where there will be absolutely no Fiat, all I see is a future where bitcoin has a Dominion compared to Fiat.

milani

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The phrase a lifeboat is really sounds great. I like it. We are on the brink of substantial changes in lots processes worldwide. Lots of factors will play role in it starting from the lockdowns because of covid-19 and finishing with ways and means of payment. Our world and lots of things we used to will never be the same. Nevertheless I do not think that fiat will disappear completely and that they are in a war with each other or BTC. It is an ordinary process in a race for the leader position that we can see from the very first day of creation money.

Cihuy182

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The world is changing and this is inevitable. We go through different economic stages, and cryptocurrencies are the inevitable new beginning of currencies and a new economic system.

imstillthebest

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Quote from: Reatim on March 06, 2021, 12:18:57 AM

Quote from: maxig.boroday on February 26, 2021, 09:37:16 AM

Its either you hodl on it and survive or sell it and get nothing

That's it , people who knows Bitcoin but hesitate to maintain their funds inside are the people that usually cry when times comes like this.
They don't even have the guts to let their funds in Half to keep holding instead they keep selling when they think a dumping is soon to come and will be surprise that it is only for correction.
we as considerable as Holder ? we knew we are in a good side and not hesitating to take a risk because we have knowledge and trust of what bitcoin can bring us.

they are not a real bitcoiners but they are bitcoin wanabees if they dont hold for a long time .
they have the guts to buy a bitcoin but why wont they continue that guts till the end by holding but there are holders that sell partial and they have a btc left in preparation for the bull times .
let fake bitcoiners cry because they deserve . real bitcoiners do also cry but that cry is caused by too much joy because they are showering with the profits that they get

panganib999

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Quote from: Reatim on March 06, 2021, 12:18:57 AM

Quote from: maxig.boroday on February 26, 2021, 09:37:16 AM

Its either you hodl on it and survive or sell it and get nothing

That's it , people who knows Bitcoin but hesitate to maintain their funds inside are the people that usually cry when times comes like this.
They don't even have the guts to let their funds in Half to keep holding instead they keep selling when they think a dumping is soon to come and will be surprise that it is only for correction.
we as considerable as Holder ? we knew we are in a good side and not hesitating to take a risk because we have knowledge and trust of what bitcoin can bring us.

Actually, I understand and I also believe that long term holders are definitely enjoying their lives today because of tge eperience and the possibility that they became one of the many people who became a multi-millionaire just because of holdings. For me, personally I feel amazed about bitcoin because I was there when its value isn't that so high and so simple. I didn't get a chance to mine or to hold but I able to experience the ATH wayback 2017 and I feel amazed that bitcoin is continuously making some unbelievable things and having some wonderful and nee journey as tge year passed by.

7788bitcoin

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Quote from: Ucy on March 04, 2021, 05:17:37 AM

I would consider it Decentralized Ship built by the people to escape multiple slave ship that are in danger of collapse in violent sea waves. The decentralized ship is built to withstand the waves under the conditions that it continues to remain decentralized and improve along its Ideals/principles.

If you look at the large mining farms do you think that it is hard for the waves to collapse in one tsunami. Let me explain, the huge mining farms can be isolated and the government can shut them down and we have seen coordinated efforts by multiple governments in the past to take down illegal services and we are truly not decentralized like we used to do in the past. If the huge mining farms are forced to shut down i wonder how much hashing will be available.

Reatim

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Quote from: maxig.boroday on February 26, 2021, 09:37:16 AM

Its either you hodl on it and survive or sell it and get nothing

That's it , people who knows Bitcoin but hesitate to maintain their funds inside are the people that usually cry when times comes like this.
They don't even have the guts to let their funds in Half to keep holding instead they keep selling when they think a dumping is soon to come and will be surprise that it is only for correction.
we as considerable as Holder ? we knew we are in a good side and not hesitating to take a risk because we have knowledge and trust of what bitcoin can bring us.

AniviaBtc

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When inflation occurs, bitcoin is really a life saver for our investments and it is a guaranteed source of profit that we can have.

We just need to hold it as soon as we can so that we can see its full advantage and benefits in our investment.

There are a lot of investors who are relying on bitcoin as a store of value and a tool to fight high inflation in a certain country.

We all know that the market is really hard to handle and the same with our bitcoin.

verita1

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Bitcoin is a lifesaver for everyone who wants to run away from inflation. Large corporations have realized this after trying all the traditional financial systems. Governments also show wrong policies when they print more money and create survival programs that are not the most effective.
Now bitcoin is driven by large investors who will take it to a good port because they know the advantages of saving their capital with bitcoin.

Silberman

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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.

Things are even worst than that, inflation and negative interest rates have been with us for some years now, which do not make sense, in a sane world when you deposit your money in a bank then you should receive an interest rate but now in many banks you receive a negative interest rate, they are charging you for the privilege of not having your money available to you, and what is worst is that I think hyperinflation is coming and when that happens you want to have as little fiat as possible.

In the silence

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

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

Fiat and cryptocurrencies are on a competition on their own value, hence, cryptocurrencies should stay on being digital cryptocurrency and fiat stays on fiat. Why? because not a single person have latest gadgets to use for online transactions unlike fiat. If ever there would be cashless paypments, I assume that most of us or the next generation will afford to have the new gadgets for online transactions same as the cashless payments.

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Quote from: kuto on March 03, 2021, 08:15:33 AM

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.

That is truly a better comparison in which we can compare Bitcoin and Cryptocurrencies to because of the fact that it really helped a lot of people currently and even before. We still cannot determine what could happen in the future but one thing is certain, Cryptocurrencies are a great help to all users who have encountered it and somehow changed their direction in life.

chaoscoinz

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Wow, he keeps it kosher and straight to the point. That was a very powerful message. It's almost as if it was a call for crypto. I wish I had gotten in early when I was just lurking around the scene. I have this dilemma where I'm afraid to go all in on crypto. I have been learning how to become a better trader. He makes some good analogies as well, nothing too cryptic either, it does contain a little fear mongering though.

Spaffin

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It seems to me that Satoshi Nakamoto originally planned to create such a cryptocurrency, which acted as a reliable storage for every person and was in demand all over the world. Only at this stage, Bitcoin is still a speculative asset, although at this time, Bitcoin is preferred by many more investors than before. After a time, when the capitalization of Bitcoin will increase several times, the price of Bitcoin will be more stable and, accordingly, this will confirm the appointment of Bitcoin as a reliable storage and real salvation.

Ucy

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Compare rates on different exchanges & swap.

I would consider it Decentralized Ship built by the people to escape multiple slave ship that are in danger of collapse in violent sea waves. The decentralized ship is built to withstand the waves under the conditions that it continues to remain decentralized and improve along its Ideals/principles.

conected

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Quote from: josgandosbro on March 04, 2021, 01:01:31 AM

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.

- Users like us are looking at bitcoin as currency but the rest of the world, they're still thinking about what bitcoin is, and defining bitcoin as something that stands out in the future, it's really not reasonable because sometimes we hold and bitcoin will bring huge profits but sometimes, it will silence and reject our efforts, many times we fall into the case of a loss with bitcoin. Some people think that bitcoin is the lifeboat but in fact, this boat does not tell us the final destination, we save ourselves by ourselves, we are the captain and control of this boat

shoreno

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he was a great film maker and i hope other film makers will be like him because i notice that others films about btc arent made for newbie but they directly tackle advance issues in btc . at first i wont easily believe if there are really wars in fiat but i remember that there are wars here in crypto and crypto is like a fiat too . there would be winners in fiat competition and maybe btc can help those who looses the game . btc is already known as a life saver even before because it also helps many business and many poor lives .

dkbit98

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Quote from: adzino on March 03, 2021, 04:46:19 PM

anyone who thinks fiat is going to "sink" and then we will jump on a lifeboat (bitcoin) are plain stupid.

Wow.... thank you for calling everyone else stupid, and that should make you super smart arrogant big brainer right? Roll Eyes

If you cared to spend few minutes of your life to actually watch the video, read some economics book or study history you would know that EVERY fiat currency is destined to fail sooner or later, and nobody said that governments will not make their own centralized digital crap.
Central Bank Digital Currencies and corporate coins are just a distractions, and 'everyone' will never get on the lifeboat because there are not enough lifeboats for everyone.

Coinsfera

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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

When we compare Bitcoin with fiat currencies, its limited supply offers an important advantage in maintaining its value against inflation.

MiningBattalion

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Quote from: jamalaezaz on March 04, 2021, 01:46:15 AM

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

Bitcoin often described as a cryptocurrency a virtual currency or a digital currency is a type of money that is completely virtual.
Bitcoin is an innovative payment network and a new kind of money and Bitcoin is a one type of digital currency and it's fully worked based on online transaction and so it's a main lifeboat for bitcoin user

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.

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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.

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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.

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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

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.

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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!

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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.

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

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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.

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.

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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.

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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.

Same thought. Even with bitcoin's current status, we still can't conclude anything after all, especially of it's bitcoin we're talking about. I have seen a thread in this forum that the volatility rate of bitcoin is going down these days, but we can't trust on it. Yes, bitcoin has been a lifesaver for some but can't still replace fiat. We should just keep on investing in bitcoin and don't worry, this is the only start of the long journey bitcoin will take.

masterzino

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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.

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Quote from: hopenotlate on February 26, 2021, 04:42:17 PM

Thread title almost completely fits how I see Bitcoin : when the tsunami will hit ( I already hear the thunders) only the travelers on the new Noah's Ark will be saved.

That is a pretty ambitious analogy for bitcoin, I have to agree but we have understand that bitcoin still has its shortcomings that may leave a bad taste for some. I wouldn't really compare it to a lifeboat because lifeboats are small and I think the more appropriate is bitcoin is an island in a world of water, fiat are boats that will eventually sink and bitcoin is the only safe haven that we don't have to worry that it will sink.

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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.

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Quote from: ukw on February 26, 2021, 03:05:28 PM

The world is changing and this is inevitable. We go through different economic stages, and cryptocurrencies are the inevitable new beginning of currencies and a new economic system.

As much as I would like for things to not go in that direction governments have forced us upon that path and since there is nothing we can do to avoid the crash then we need to do whatever we can to protect ourselves, one option is to buy gold but I have no doubt that ownership of gold will once again become illegal which means that bitcoin will be for the most part the only option that most people will have to buy an asset to use as a lifeboat.

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Sooner or later that lifeboat will be much bigger it will rescue much people. The ship is sinking and we don't have to find another ship since the Bitcoin lifeboat will be the one that will take us into safety or make us winner, this reminds me of that famous game.

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That's one way of looking at it, although with that statement it's as if we're sure that bitcoin is what's going to replace the financial system which is far from happening. The financial system is sinking day by day, no doubt about it. Even if that's the case, we still have bitcoin only as a temporary refuge and not as a replacement to these aptly-spec'd boats that can still be seaworthy even after a few tides. Not that I'm saying that the fiat system is robust and sound, but its seaworthiness is proven, although there will come a time wherein it would be salvaged and be used for scrap in the future, just like what boats are destined to end.

ChiBitCTy

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Andreas is the best. When I found bitcoin back in 2014 or so, the first book I ever read was Mastering Bitcoin, though it was super high level and over my head, it was still a good intro and introduced me to the Greek Freak. I of course agree with him here. In keeping with the whole boat theme, bitcoin is not only the life raft, it's the tide itself that raises all other boats...no denying either.

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Thread title almost completely fits how I see Bitcoin : when the tsunami will hit ( I already hear the thunders) only the travelers on the new Noah's Ark will be saved.

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Quote from: ukw on February 26, 2021, 03:05:28 PM

The world is changing and this is inevitable. We go through different economic stages, and cryptocurrencies are the inevitable new beginning of currencies and a new economic system.

Yes, this is really amazing changes that we never expected to create another perspectives in life. Though it challenges our well being, but provides a lesson to everyone who fails to own cryptocurrency because of fomo, as well as negative thoughts that came from someone elses speculation.
Bitcoin's lifeboat is somehow surprising, unpredictable, challenging and infinite because tommorow always counts on.

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The world is changing and this is inevitable. We go through different economic stages, and cryptocurrencies are the inevitable new beginning of currencies and a new economic system.

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Its either you hodl on it and survive or sell it and get nothing

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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

Topic: Bitcoin is a Lifeboat (Read 789 times)