Topic: Bitcoin is for everybody but we must accept it before it can be ours. (Read 676 times)

It seems to me that the starting presumption should be that bitcoin is for everyone because bitcoin is open for everyone to choose whether or not to get involved in it, whether to study it, whether to invest into it, whether to develop upon it, whether to mine it.  Bitcoin is not closed to anyone, friends or enemies, governments or institutions, rich people or poor people.

Just because there are barriers and even people (governments) trying to stop normies from getting involved in bitcoin, that is not about bitcoin restricting anyone.  Bitcoin is open for everyone and for anyone... and some people might need to learn some things about bitcoin if they want to participate at higher levels of involvement. including if some people do not have any discretionary income then they won't be able to buy any bitcoin until they get some discretionary income, and sure, they could use bitcoin in a gambling kind of way, too.. no one is stopping them, but it probably is not good to gamble with bitcoin since it is amongst the best of asset classes that man has ever seen (if not the best).. .it surely is a product of current times, since bitcoin was not really possible in its current form prior to having worldwide ways of communication, such as bitcoin using the internet as a backbone, even though there can be other ways that nodes and miners could synchronize if the internet did not exist, but the internet surely helps to make bitcoin much more powerful than it would be under the use of other forms of communication.

In this thread some members seems to be mixing up outside forces and saying that everyone cannot get into bitcoin because some people have outside forces that they have to overcome in order to get into bitcoin and they might have to go to jail if they try to use or get involved in bitcoin, and surely those people have to make decision about what to do, but those kind of restrictions are not being caused by bitcoin.

Other members are saying that there are aspects of bitcoin that require money, time, or various kinds of knowledge, so surely it is true that some people in society have more knowledge, time and money than others, and so those barriers to bitcoin could have a disparate impact upon folks who are able to participate in bitcoin in terms of both quantity of participation and maybe even the kinds of participation.. but that still does not seem as if bitcoin is excluding anyone.. and yeah sometimes people are not going to be able to fix some aspects of their lives, such as money, time and knowledge.. but does not seem correct to be saying that bitcoin is not available to them or that they might not benefit from bitcoin even if they might not be able to involve themselves in it.

OP have given a suggestion to be positive with the bitcoin. It has been developed for some purpose and the same is getting fulfilled in different forms. Some people have this mentality that bitcoin is highly priced and it is not for us. Initially they should understand how it works, many feel weird of its complicated functioning. For people who hadn't got much of technical knowledge the best option is to understand the price increase and the limited supply.

Once people get aware about the growth chart as well as the limited supply surely they'll have the understanding how the price increase happens. Further the denomination needs to learnt, so that they'll get to know anyone can buy/invest with what they've got. This will Wipeout the understanding that bitcoin is for everyone and it isn't limited for people who or rich or for the technically knowledgeable people.

To be honest, it is not for everyone. I mean, while Bitcoin and other cryptocurrencies offer an open decentralized financial system that anyone can use without asking for "other peoples permission", it doesn't necessarily mean it's the right investment for everyone. Bitcoin's value can be incredibly volatile, and as with any investment, there's no guaranteed return. Hence, it's best to approach it with caution. Don't forget the saying you often here in this forum, "Only invest what you can afford to lose". For someone living paycheck to paycheck, or without an emergency fund, putting their money into Bitcoin might be a risky move. Even though Bitcoin is for everyone to use as a means of transaction, as an investment, it requires careful consideration, research, and understanding of one's financial situation and risk tolerance.

I understand that bitcoin can be complex in its technical characteristics,but, an "example of equivalence," one of many, it is in a "Swift" transfer, oh! yeah, traditional banking, then, we can mention many current technological facts that were complex and are now quite common. And!. Whether they understand them or not, they are still used.

bitcoin requires basic knowledge as a means of payment, as an investment it is another level, but equally its advantage is that anyone can enroll with a little information, so in the great digression of its idea, bitoin is so easy to access that that same makes it vulnerable for its users if they are not careful.

Seeing something wonderful is one thing, but not knowing how that something good works is another issue that must be addressed first. I also agree with you that bitcoin is not confined to a specific group of individuals, but a lack of sufficient information or literacy in the area where you're taking this innovation is a determining factor in how quickly people will adapt and use this new technology. If there is still a barrier between understanding and adoption, bitcoin will be for some individuals rather than for all, even if it was created to serve all. This is the sole (or one of several) reasons why bitcoin is not yet universally accepted.


Bitcoin is public and can be accessed by anyone that shows interest in it, it has no limitations in that regards.


The government's perception of bitcoin should not cause a citizen of a country to reconsider investing in bitcoin. Bitcoin is something you should pay attention to and conduct your own study on without allowing the opinions of others to make you feel uneasy about it. If the government hasn't completely banned the usage of bitcoin in the area where you live, their statements shouldn't shape your opinion of it until you conduct your own study before making a decision.

Mostly people say Bitcoin is not for everyone but basically I agree with you. We basically have to accept bitcoins and invest later and we never get access to bitcoins. If we can accept Bitcoin then we can invest only if we get access to Bitcoin and if we don't accept Bitcoin we can't invest. In most cases, people tend to focus more on the positive aspects of Bitcoin, which is why they are interested in investing. Also most people ignore to invest in Bitcoin if their government outlaws Bitcoin considering the negative aspects of Bitcoin. Accordingly, we must consider all aspects of Bitcoin before deciding on Bitcoin later on. If at that time we accept Bitcoin, we will be interested in investing in Bitcoin and we will never have the mindset to invest in Bitcoin. That's why we need to build our knowledge about science first and accept Bitcoin. Later we can say that Bitcoin is for everyone if that person accepts Bitcoin and has the desire to invest.

That's true, it's up to all of us to accept bitcoins and use it on a regular basis to make it succeed. Just buying some coins only to never touch them again is not the way to promote the use of crypto currencies. It's we the average consumers that have the power to demand change in the world. If enough people use bitcoins on a regular basis we can demand change from the companies and government to accept bitcoin as a form of payment. My dream for Bitcoin is that it becomes usable all around the world, in every country and every store. This would make life so much easier if we only have to rely on bitcoin and not exchange currencies everytime we travel. Credit cards was the first attempt to make the world more connected, but the high fees and the risk of falling in the overdraft trap doesn't make it a good tool anymore in every day's life. Bitcoin would be the best alternative and it's up to all of us to push and demand change.

Some of the profits you make seem to be quite large but you are still not satisfied with them because you feel you can make more and become a millionaire if you continue to hold back.

All the people who entered early and sold too early had the same thought.
Psychology will be very influential so you can't just rely on the target price or analysis you have. 
You also really need to have confidence in the target price that you will achieve.

In the past, I also had quite a lot of Bitcoin, but I sold it when there was some hype from the price of $2k to the price of $5k,
it was quite profitable at that time, but in the end, Bitcoin reached more than $15k in 2017.
Of course, there is a bit of regret, but I try to forget about it and focus on the goals ahead.

Work hard enough with a predetermined strategy, buy gradually, and hold for the long term.
You will find your purpose and fulfillment this time if you are able to survive, this is an opportunity that will not come again.
I'm afraid when ATH Bitcoin reaches $100k or more in the next year, there will be no more cheap prices like now.

In fact, this is exactly how most people perceive Bitcoin, because if they wanted to control all their money, then they could simply have some cash in a stash somewhere and that would be enough, but in Bitcoin they are attracted by the opportunity to earn money, since now Bitcoin is very an attractive investment.

But there are very few such rich people who earn huge amounts of money every day, most of the planet’s population are quite poor people who are trying to survive, or live within their means in comfort but with little income, someone saves something, but they are not rich and Bitcoin could be their chance for a better life if they take advantage of it.

This is why I keep trying to get as much as I possibly could nowadays, because I learned better and I have seen people who missed, I am one of those people as well I was around and still didn't profited enough. I did alright, I didn't lose money, I got in and made some money but instead of "some" profit, I could have been a millionaire by now if I kept it going. This is why I believe that we are not going to really end up with anything that would hurt us for the long term.

In the end, we are going to end up with something that should be getting some issues, and the results will not be all that bad, and we could definitely see it change one way or another. I know that life is not that simple and we could probably figure out when to buy it at exact bottom if we work hard enough to find it, but it doesn't really matter. Just buy whenever you can, and keep it for as long as you can which will result with you making as much profit as you possibly could.

There's a lot of words about people believing in bitcoin but cannot even prove that they Hold part of it,. they kept talking about how good it is , how great bitcoin but truly not accepting it as a future currency instead keep believing in Banks.,
those people are just a word for nothing.

We must accept bitcoin no matter what before we taste how good this could be,

but what he wanted to make sure that people accepted it, though it is for everyone but the thing is they are not truly accepting it.

I think OP is miss-understanding the phrase,'Bitcoin is not for everybody', it doesn't mean that Bitcoin was made by satoshi for only certain of people, of course Bitcoin was made for everybody, but the actual meaning of the phrase 'Bitcoin is not for everybody' is that not everyone want to accept Bitcoin, and not everyone is willing to use it, even some people who want it there they may face some restriction in some form. So, Bitcoin is indeed made for everybody but not everyone was 'made' to accept Bitcoin.

Bitcoin is actually not for everyone, you need to understand that the reason people accept bitcoin is for the promise of higher return of investment. It is only few that accepted bitcoin because they want to control their money.
If accepting bitcoin is for money and you see an old wealthy man who makes up to $100k a day. Do you think that the person still has need for bitcoin?

There is fiat and bitcoin is purely an alternative. If someone is ok with the main, what then is the need for the alternative? Bitcoin is available for everyone, but it is not everyone that will be interested in bitcoin.

No one will want to use his money in that business which has no future therefore we can give recommendations to our fellows and will share our success so they will have responsibility to scruntize about it. Actually we cannot force anyone whether bitcoin is legal or illegal in that country because if it is illegal then we will never accept the truth that they are in punishment because of us as well as we will never give him money to minimize his percentage of loss.

If crypto become legalize in one country then one should not be worried about its uses but before legalizing you should keep check on your money and mind because these are the two elements that attracts you towards crime.

When ever I hear about FUD being the main reason why some people are yet to accept bitcoin I begain to wonder why they believe so much in the information they get from people who are not real to their citizens, their children and themselves, I mean how can the government who has not met 70% of the promises they made before assuming a particular position in the office discourage someone who's interested in investing in bitcoin?. I think it's time we accept the fact that a lot of people who reget everyday for not investing early when they first got the information about bitcoin are to be blamed because they were too lazy for not carrying out a good research when they were misinformed about bitcoin. You must have a pure intention and a positive mindset before you think good about something and once you believe when you are yet to know a business or an investment you already killed the positive outcome that it will bring because you mindset can't think right. The government may never stop spreading bad information about bitcoin but bitcoin being on the news daily has helped in the wide spread of it's name and that alone has made it to gain more popularity.

Just look at how people regret not getting into Bitcoin earlier when it was so cheap and it's the same today.
People started to get scared to get in because a lot of FUD was attacking and the price dropped drastically from the last ATH.

There is no need to convince those who have already left Bitcoin or are still in doubt, only time will tell.
We are at the end of the road and about to step into the Bullrun market.

Those who are passionate and like Bitcoin will continue to enter until the price is higher.
But for those who still doubt or don't like Bitcoin, they are just trying to bring it down.

Indeed, you raise a reasonable point there. But lets remember that every investment, stocks or Bitcoin, carries a certain amount of risk, doesn't it? Bitcoin is a crazy rollercoaster, despite being revolutionary and full of potential. Its risky to board this journey without having any financial safety nets, such as emergency savings or finances. They might lose a great deal and wind up at the deep end.

However, isnt the risk and reward associated with every investment? There is always a potential payoff that increases with risk. Nevertheless, I want to emphasize that anyone considering investing in Bitcoin should make sure they have a safety net in place first. If not, they can end up submerged. Furthermore, Bitcoin might not be the right ride for you if you're not ready for those extreme swings. Take a plunge, but be aware of the depth of the water. Still, consider this: wouldn't everything be very predictable and, dare I say it, boring if everyone knew exactly what they were doing?

I understand we have to actually open our minds to the existence of BTC before we can be able to own some and properly keep it safe.
Otherwise, I see no reason why any Tom, Dick or Harry can own a BTC without even having the slightest knowledge of what it stands to represent.
In countries where it is banned, it doesn't stop the citizens from learning about it, because life can happen to anyone and they find themselves in a country where BTC is accepted even if it is not a legal tender.
We are seeing countries who never used or accepted Bitcoin now doing so, like Japan's car company, Honda which made an announcement some days of them accepting BTC for payments upon purchase of their products. I still don't know how true until someone completes a transaction with them.
The point is that one should be open to any future ideas mostly as concerns crypto, web3, AI.

the same thing with your current partner, if you don't open the door of your heart to him at the beginning then the two of you will never be together, bitcoin is a very popular cryptocurrency but as time goes by there is a lot of FUD created, which is spread by the government and Another bitcoin hater, if you believe in FUD rather than doing your own research on bitcoin then you will never buy bitcoin ever. not everyone wants to accept bitcoin, don't be one of those who don't like bitcoin, you will regret it later!!

For people who live in countries that prohibit bitcoin, of course they will find it difficult to get involved in bitcoin. Both in investment and trading. They will always be haunted by fear. So it is natural that they ultimately decide to obey the government and stay away from bitcoin. But I'm sure their hearts want bitcoin once they learn about it. Bitcoin is for everyone. But not everyone is in a position to freely choose and own it.

For those of us who are in countries that are friendly to crypto and bitcoin, we are the luckiest people. Because we are free to invest and trade in crypto and bitcoin. There are many people out there who want to enter bitcoin but are limited by their own government.