Topic: Bitcoin is one of the saviors - page 23. (Read 4602 times)

A big +1 from me too in this.

And Bitcoin is not about helping the Venezuelans against their huge inflation.
And not about helping some of us around here, and some that had the patience and balls for trading.
Bitcoin has the potential to grow an even bigger - way bigger - "micro" economy of crypto businesses, services, financial businesses and .. sky is the limit. I will not add blockchain tech businesses that are not related at all to Bitcoin.

All in all, it has the potential (a growing potential) to help much many people and also create more jobs here improve some jobs there... (possibly lead to disappearance of some redundant jobs that were doomed anyway because of automation).
And yes, it's also an investment vehicle for the bold ones.

I will not say that I saved it completely, but the cryptocurrency helped the family budget, that's for sure. This was especially felt at the end of 2017, when Bitcoin reached the mark of 20 thousand dollars. It was very easy to trade in a growing market 

Escape from the bullshit being waved from the fiat system, the fact that I can make transactions all over the world without having to fear what the government will come up with tomorrow when it comes to policies that helps no one, and for the fact that I can have a proper store of value as against fiat that keeps deteriorating over time, then absolutely, there is a huge advantage and benefits to go around.

In the cases of Venezuela and some other hyper inflated countries who are fighting to survive the economic turmoil that has been bestowed on them by the government and their bad policies as well as their crazy corrupt practices and monopolies, I guess this is just more like saying, we are all taking our freedom back and that is what threatens them mostly.

I agree with you because BTC can change a person's economy, especially for people who invest in 2017 early who are very sure they have got a big profit, I myself actually got a little extra funding for my life because of cryptocurrency. I did a campaign bounty and so on which produced coin coins, little by little changed my economy, and indirectly it was caused by cryptocurrency too

Bitcoin is such an opportunity to each one of us.It enables to help us finance our needs.Additional income could save us from our needs,most especially on our expenses.I could really say that bitcoin is a blessing,this forum as well.

I can tell this is going to turn into a shitpost-filled thread very quickly, but what the hell, I'll post anyway.

Venezuela is obviously in a hyperinflationary crisis, but I'm not sure how much they're relying on bitcoin to save them.  I have read articles like the one OP quoted above, but it's never clear when I read them to what extent Venezuelans are actually using crypto in lieu of their local currency.  I'm sure some of them are, but I would imagine that the US Dollar is also popular, and I think there are some South American countries that use the USD alongside their own currency.

As I don't live in a country being rocked by hyperinflation, I can't say bitcoin has been my "savior" by any means.  All the money I've earned from signature campaigns is still less than I make with my real-life job, and spending bitcoin for practical things can be a pain in the ass since not a single one of my local merchants takes bitcoin--if I want to buy groceries, gas, pay my rent and utilities, or any other daily expense, I have to use fiat. 

I'm sure bitcoin has changed some people's lives, but I also think idiots tend to exaggerate its effect on them for the sake of writing something positive for a signature campaign--hence why I said this thread will rapidly become a spam fest. 

The American Association of Pensioners has issued financial literacy cards.

They write that Bitcoin - for criminals, speculators and idealists.

Bitcoin more like brought an equal opportunity for freedom for a lot of people globally, and most especially those who are smart enough to in early days know the advantages and benefits that is available in the long run.

We have seen in the likes of these places where inflation has turned the country upside down due to corruption and bad economic policies and in this case, fiat obviously has failed and for what it is worth, knowing that despite all these, they have a way which is accessible to every single one to be able to store value and at least benefit in the growth in the long run, who would not want to be a part of it?

Unfortunately, the government is making bitcoin miserable and unable to provide better regulation up to now even if it already existed for over 8 years now. Bitcoin really is a life saver and I found it one of the best type of investment. There are many opportunities in cryptocurrency to earn and it all thanks to bitcoin. I was able to save money somehow where i cant do it by only relying on my personal job.

Yes i do agree that bitcoin is one of the  best savers into persons life in this new generation.,why because as we all know that many captures the best formula to feel the prosperous life they ever did not before,so we are so lucky  that we are part of bitcoins blessings.
And being knowledgable is a great potential to ones succeed.

Yes, it really did helped me a lot on my financial things. It able me to quit my job and truly focus on trading crypto and also trading stocks.

We all know what's the answer for this although there are cases that some person's bitcoin journey gone wrong.

Since bitcoin's commencement of operation in the internet world, no doubt it was really a big help for those so-called average earners. With the current value of it, those persons who able to find a way to acquired bitcoin are now enjoying the advantages of having it. Not literally it changed the lives of others but at some point, a big help especially in financial problems. Also, there are others who able to used their respective bitcoin in good purposes and now successfully established a stable source of income, that even with the price crash, they are not much that worried.

This is true to the extent that it can also cause monumental losses as well. Imagine the crazy price movement from $7,600 to $6,700 all in a space of about 2 hours.

It's not just Bitcoin that can make you money, the concept has been there for way longer like investing money in a company or buying a big peice of land and waiting for the land value to go up and then selling it again.

ofcourse it is easy to invest in cryptocurrencies because it is realy unstable so you can sell it after a day and make profit of it but you can just as easy lose that money if the value goes down a lot.

No doubt in the spread of cryptocurrency today is huge, many people are changing in terms of economics and knowledge who want to know more about cryptocurrency and Blockchain, innovation for the future must be valued as a more advanced and good future civilization, everyone utilizes this, not all succeeded because some lost before fighting.

Depend on your abillity to utilize bitcoin that some of people can make living from bitcoin even they were dare to quit from their actual jobs and focus to earning bitcoin because they earning from bitcoin are much better than their jobs but not all people can able to do that because you might heard that there was people who can not utilize bitcoin and they were suffering to lost their money even some of them has been decide to quit from bitcoin

Totally agree with you sir. Many of us are well benefited from bitcoin because it gave us an income opportunities online thru crypto currency. It was a great risked but all worth it because bitcoin really did a great job to stand out above the rest and even fought up a fight against governments that doesn't want bitcoin to be part of their economy. And all that proved that bitcoin was really something a savior to us all crypto enthusiasts and early adapters of the future of currency.

Bitcoin opened the gates for this and much, much more. There will be more world benefit from blockchain technology than crytpocurrency, yet it is the first cryptocurrency (Bitcoin) that (A) made blockchain possible, and (B) brought blockchain to the relevance it has today in the world. We've only just begun to see what can be done with blockchain tech.

I think savior in a sense that it helps a lot of people to have extra income and open the doors to the investors to believe its volatility.

Yeah surely it is. I still remember when I first time was frustrated with my job and had no where to go then bitcoin was the ray of hope. It did what it should do and here I am today. I do most of the stuff people do here and have my take home salary every day to every month and whenever I want it. I guess with the ever growing market of the crypto currencies its getting even better as my holdings from the first day are now valued even more and thus it gives me positive motivation to stay in the crypto currency for very long time. If I stick like this with the bitcoin then surely I will have amazing life time ahead. Bitcoin is truly saviour dude.