Topic: Bitcoin Na For All: But can the 63% Wallowing in Poverty invest in bitcoin? (Read 615 times)

I remembered stating in an old reply that 'money can never take the place of knowledge, and knowledge can never take the place of money as well'. These are two things that I believe are very important, which is ideal for anyone who wants to key into the benefits of Bitcoin.

Just as you've said, even if Bitcoin is meant for all, especially in our country where the majority are average surviving citizens, buying it isn't always possible for all, due to the financial situation in the country. Majority of the population in the country are just trying to survive, which will even make personal savings a very difficult task for them. There are so many people that are living a mouth to hand life due to hardship, which means they only work for what they need at that moment. It's quite unfortunate that we are in this situation today, but those of us here that have the privilege to invest should do it while we still have that opportunity, and most especially, keep them safe.

Bitcoin is for everyone; Bitcoin investment is also for everyone, but buying bitcoin is not for all; it's only for those who have money to invest in bitcoin.
 
Those who don't have money can't invest in bitcoin, as they will still be thinking about what's best for them and what they can use to foot their pressing bills. 
 
Why I say anyone can invest in bitcoin but all can buy bitcoins because investing in bitcoin is not only with cash but you can also invest your time to get bitcoin.

You suppose know how you go the on your life if you dey earn from the forum and na the only means of your income be that. Even as them dey talk say make dem invest in bitcoin always, nobody talk say make you go invest all your life savings or your passive income take out into bitcoin. You suppose get back up wey you go they depend on so that when things no go well from where you dey see money before, you fit use your other option take they survive before God go bring another way again. Nobody talk say make you go invest from money wey you dey collect from forum, rather make you start your own physical business if you’re not employed already. This thing na just normal sense and mindset on how your life take be. Because everybody they invest no mean say, make you follow invest at that time when you never guide finish. Wetin be yours no go pass you by, but if you rush into some kind things without thinking about am throughly, you fit take yourself back to square one and e no go make sense like that.

Bitcoin for all but weting we get for account na in differenctiate those wey dey eligible to invest for am. Person wey poor to some extent no go fit secure him investment portfolio, him go first satisfy him current need and even if him mange put small thing inside e no go take longer for him to disrupt him portfolio. People wey fit manage keep up at all cost na the average earners and the road no even smooth for them but no get as e want be as long the mind done dey towards the process, they fit keep up to grow their portfolio with patience as a factor.

Bitcoin NA for everybody both the poor and the rich as long as say u don dey ready to start u r  investment I think u are good to go but if no get money to start any investment go hard u like wise bitcoin

 I believe say Bitcoin nah for all, just like every other thing wey good and that nah why them they broadcast around but with how the country dey so hard,  e go come be like say nah misplaced priority if you never chop then you wan come invest.
 The intention is to reach a large audience when these kind things come ground so that person no go say no body share update but sometimes how you plan something no go be the way e go come out.

You don't have to quote everything from the Op, please edit when quoting and only take the places you want to quote and to reduce your page. I have seen your point of view and before I create the thread I have reason from all the angles. If you were reading other commitments you would have gotten some vital information commented me some good scholars here. I think what Charles-Tim said in his last comment has answered many questions and and also a complement to the Op. The "can and has" you used has already been answered in the Op and also Charles-Tim has also make it clear. I don't want to say much again because not everyone who is saying "we are investing" are really investing in bitcoin but solemnly depending on campaign pay. I used 50k to buy bitcoin every months. When I started the journey of bitcoin from 2021, and in 2022, I started buying bitcoins from even people from the forum. So I know how it is. If you understand the economic situation in the country, you would have understood the terms of "can and has" the more. My land "has" it as you said because he is a Civil Servant, but he said he can't invest because he has a lot to do.

I differentiate poverty and hunger to make the thread more understanding.

No be lie my brother. Everybody suppose cut their coat according to their size. Person wey never fit take care of himself properly no suppose invest. Every phase of life they stage by stage. If we run go they invest when we never they established e go worry us well well and so many regret go they on the line. When i mean by establish i mean say the person done they financially stable. Where business they run smoothly, where we they get deals and orders or request for the particular thing wey we they do.

I notice say people they expect investment to make them financially stable, but weting ah done understand be say. When we they try to grow wealth, na to focus on business first. If that business or that job done they pay well then we fit start to they invest. Na only that way we fit start to they think of investment to they wealthy.

your definition of poverty, and differentiating it with hunger to me isn't quite necessary.
And the definition isn't worth giving credits, well I know poverty is in stages whereas the word adject poverty is used but there's no difference in trying to differentiate between the two!

OP let me also draw you attention to the difference beyond everybody can and everybody has what it takes, thw fact that they say everybody can isn't a suggestion that everyone should or has what it take to invest, everybody can it but not everybody has food or in the right position to eat, literally if everyone decides to invest in Bitcoin assuming they have what it takes, Bitcoin will most likely not reject them, rather provisions will be made to accommodate them so invariably everyone can buy with the imbalance in the society, not everyone will be able to afford it as they don't have what it take and if they eventually do some day, they can as there's no known restrictions as to personalities who should and who shouldn't be investing in Bitcoin. Please also not that I'm not discrediting your point but only drawing our attention to a different possible point of view.

When I first invested in Bitcoin, I was much younger without a job actually and was very dependent on my sponsors but I managed to save some funds off my little allowance to invest after I heard about Bitcoin then and today I'm independent and can still afford to and can invest in Bitcoin, so even when I was probably not having the "resources" I still can as resource was my only limitations which I did solved, this may sound confusing but if you have a second look at this, reading in-between lines, I believe you will understand better.

People that are suffering from poverty are people that are living below the poverty line which are people that are unable to live above $1 daily that OP explained above. It is worth knowing that some people will leave above the poverty line but yet not still able to invest in bitcoin as some will not still have the money. This can be because of their responsibility like taking care of their family.

Bitcoin investment is not for everyone rather it is for everyone who has the potentials to invest in bitcoin becos before one begins to talk of invest , the person must have source of income .A man who finds it difficult to feed himself can't think of investment. Also not just the poor , there are people who are poor in thinking that is they have the money to invest in bitcoin but they won't invest in bitcoin, poverty of the mind is also one problem bcos is not all rich nigeria that are into bitcoin investment not that they don't have the money but they are not thinking in that direction. Bitcoin investment is not for those that have patience issue or those with low risk tolerance.so poverty is not the only reason why people are not into bitcoin.

Omo I like this ya post but why I think they say it’s for all its because it’s an open access investment, so long as you have internet service and a phone or PC but in the real sense no b for all man, if u Neva fit survive how you wan save or invest but there’s still an opportunity for who Dey try survive. You fit use the Dollar Cost Average strategy, just they use am Dey save all those small money wey for go for shayo.
E get people inside that 63% wey Dey spend money on Wetin dem no suppose too, one thing na mindset another na the kind of information and environment you’re exposed to

My brother , bitcoins is not for all as we speak, the common man that is seeking for food to survive can not have time investing in bitcoins but I will say again that with the way young people get followed on social media this day, I believe the wise one can diversify some of their earning to bitcoins if they got the right advice.

How I  feel right isn't good at all, do you know that when btc was just 4million naira, I did not even have 10k to invest as at then, though I was a student on siwes program.

Our environment is not helping at all, the little people are able to gather is not enough to make feed well , how will someone of such think of buying a coin.

To be sincere with you, life is even more hard and this is forcing some investors to get out of the market just to survive the economy.

Poverty is a mindset and not a permanent condition that we should be thinking, the poor can't invest in Bitcoin abi we no dey hear story of how some people invested just $1 in Bitcoin back in the days and today them dey alright.

Okay so person no fit invest $1 and expect something big again but you can invest $10 wey no big pass 17k naira and who knows in the next 5-10 years that could be 170k or more depending on how Bitcoin grow reach.

You can invest more too depending on wetin you get. You fit do jobs and they  keep small money aside wey you go dey use DCA inside Bitcoin after you done remove the money to use chop and for other expenses.

If you wait until you get money well before you start to they invest, you no go fit do am because more problems go they come as more money they enter your hand.

Even though you no invest in Bitcoin right away, there are other investments that you can get yourself involved in and it'll yield you profits that you can then use to invest in Bitcoin and hodl for your future.

It's a shame that Nigerians are wallowing in poverty inspite of our riches in mineral resources. This really affected our low interest in bitcoin investment, its only those with good knowledge of bitcoin and other sources of funding are investing in Bitcoin.  Because a man that can't afford to eat three squaremeal a day can't save or investment in bitcoin.  Bitcoin investment is a long term holding. So it's only those that have enough money to spare some for investment can send the test of time in bitcoin.  Even if the awareness of bitcoin is all round in the country we still have Low percent of investors not because they don't want to invest in bitcoin but no funds to spare for it. Everyone is just eat from hand to mouth.  Bitcoin is a desire for everyone but not for everyone.

Yes I also agree with you, we really need financial stability when it comes to Bitcoin investment. Because here we have to hold our holding for a long time in any case. And we need to deposit a certain amount regularly on a weekly or monthly basis in DC A system, and for this we need a guaranteed income. If a person has no source of income, or if his income is too small to support his family in any way, then it is better for him to stay away from investments, he should first build a good source of income.

Or suppose you make very little money and manage your family with very difficulty, but still you are interested in investing, in which case manage your family with more difficulty somehow and start regularly investing small amounts out of that amount, and later on for any emergency in your family. If you need money, you need money for urgent health or any family emergency, in which case you have no cash fund except Bitcoin holding, then you Compulsory withdraw money from your Bitcoin holding and meet that emergency, and that The time you withdraw money from your Bitcoin holdings can also cause you to lose money, as Bitcoin's volatility can cause the value of Bitcoin to go down any time and its value to go up any time. And if the value of Bitcoin is low at the time of your withdrawal, you will lose.

So an investor should first build a strong income stream, from which he will continue to receive money and keep a separate fund for emergencies, invest in bitcoins that he can hold continuously for a long time, and he must have a DCA. The method involves continuing to invest a certain amount of money on a regular monthly basis, and holding for a long period of time. Then he can definitely benefit.

As for me oh, I no fit invest on bitcoin when those not alright withe and I can't invest in bitcoin when I no dey do anything to generate extra income. If I invest in that then it is not investment because I go still collect back and I fit lose sef if the price never go up. I don create similar thread say, https://bitcointalksearch.org/topic/m.63110565

From the beginning of my journey to the forum me I know say bitcoin no be fun e all and not everyone go fit invest in bitcoin because of the duration to wait and many no like to wait for that long period of time. They just need quick quick money. Dat is why when we tell people to even invest and tell them di conditions, dem no fit. People wey never chop belle full nai go do investment for bitcoin? Dey play.

No be lie bitcoin no really be for everybody and no be only for the aspect of individual income levels way to qualify person to invest on this bitcoin but also one on one emotional capacity way fit dey stabilize when the market dey try distabilize your positive impacts for the industry during when price dey fall. Na there the main sentiment dey take start.
We know say people dey way no fit stand the risks to invest for bitcoin even if them fit afford the lost talk more of who dey hungry way no fit afford a lost dime way fit be their last card or even say hunger dey wire person and u get money for someone just lock up cos u dey find Interests.
E no possible at all.

Bitcoin is for all thst can afford to invest in it. Their are some other investments that investing in it will take a lot of process but in bitcoin their is no limitation to invest it, the only thing that limit people from investing is the lack of steady income but so far as one is able to afford it  is very easy to invest bitcoin.  It is not a must that everyone must invest in bitcoin, for those who can afford it, it is just better for them to never force themselves just to invest in bitcoin instead it is better for them to be able to put their self in order by looking for a means of having good income that can generate money that can make one to have access in investing bitcoin.. it will be best for people to stop thinking of investing bitcoin but rather to work on their self to be financially sufficient to enable them to partake in bitcoin investment.

The Bitcoin said to be for everybody is literally on its accessibility that which aside individual governments and authorities, everyone has the right and different purposes to adopt Bitcoin and then, while certainly, it is not for everyone in terms of adopting it for profitablity such as trading and Investing when an individual is struggling on the provisions of essential needs such as consumable commodities.

There are much more to do with more than having it in an invetainment system like Bitcoin which profits does not come quickly such as the stock traders may be able t generate quick income to solve emergency needs.

Anyone holding funds elsewhere and still struggling on essential things like eatable and medications which sustains the life to be able to pursue that income must be joking with its life.

But anyone who can afford these essential needs and still remains financially imbalance can of course be good to invest on Bitcoin because then you needed to grow on your income and increase your portfolio in other to live a more better or expensive life and not like one struggle on the survival of life that can not be guaranteed on what to eat and their healthy beings.

So then, I agree with you that Bitcoin is certified financial technology for everyone but not convenience for everyone.

Everybody get how them dey take survive and mere looking at the hard economy and poor growth the common man no fit reason bitcoin, to invest na wetin need steady income mostly if na dca strategy, if na lump sum e try dey understandable because person fit receive money anytime maybe selling of property or land etc, even if na lump sum the economy dey too bad for person to carry money wey no dey sufficient invest at once. Me I believe say bitcoin investment na for the ones wey sure say them go receive salary and bonus steady so investing no be big deal and the investment choice na bitcoin wey dey bring profit. As for the question, na who get money dey invest mostly for this time investing belike like burden for some people due to hardship.

Actually every body fit Investment in bitcoin as Long as you get the capital to start up with, but for those who barely feed you no go expect those kind of people to invest in bitcoin when dem still dey look for food to chop. However bitcoin investment na for those people who don chop belle full so that incase of anything happen in the market in no fit affect you in anyway, just imagine those people way still dey struggle on how dem go take survive probably after struggling dem come use the money way them suppose to take hold body come go invest am in bitcoin e come happen say they  experience lose in the market.

You know how in go take pain Dem for body at this point him go begin dey regret say assume mean say him know say him for use the money go buy some food stuffs, this thinking go reach one full month sometimes self in go past one full month dem go still dey think about the lose, though bitcoin na very good asset that can profit us in the future but no go put body for bitcoin investment when you never chop well.

Exactly, I no see any reason why person wey never fit afford three square meals go dey think of investing money wey eh suppose use survive for Bitcoin, that one go be very wrong step especially now wey things done hard cause how long wey the person wan even hodl self before em sell am carry survive? Normally dem they advice people to invest with their spare money so eh no even dey advisable for such person to carry money wey eh suppose use chop survive go invest for Bitcoin. Bitcoin is for everybody no mean say na investment plan for everybody, yes anybody both poor or rich fit transact with Bitcoin or receive payment through am, but when it comes to investment plan poor people wey dey barely feed three square meal suppose stay off that aspects until dem dey financial capable to invest (buy and hodl for long-term).

Actually most people always have this mindset that bitcoin Investment is for everyone, though everybody can invest in bitcoin that's for those who are interested and also have a decent job, because if you don't have a source of income definitely you will find it very difficult to invest in bitcoin, because there's no way you're going to get a Capital to start up your Investment.

However bitcoin investment is not for the poor rather is for those who have a stable income reason is because even if they experience lose in the market it won't have any negative effect on them, you know poor people always have a different mindset, poverty can even make them see bitcoin investment as scam that they rather use their money to  buy some food stuffs than to invest it in bitcoin. of course you can't invest with empty stomach, is just like those people who prioritize bitcoin investment more than their health those people are making a very big mistake.

Investment na for who get money, nor be for common man wey never chop and just dey struggle to survive. If you are not financially capable, investing is in no way for you, and your first focus should be getting money to survive with, not investing. If anyone has an interest in investing in bitcoins, their first focus should be to first become financially comfortable, then sort out their basic needs, especially feeding and shelter, before seeking to invest in bitcoin.

People who profit from investing in bitcoins are the people who have enough invested, not a few naira.

For sure they say Bitcoin is for everyone but I don't believe it, just as you highlighted here that average Nigerians can't afford 1 dollar when it was just #366 and now 1 dollar is approaching #1600 so how are they going to cope with it what I even see here is decrease of members who previously partake in Bitcoin because things are getting cost but salaries are not being added so alot of people are going to pause.
63% of poor people wallowing in poverty is a very bad record for a country like Nigeria, Giant of Africa precisely even mining and other crypto currencies will see alot of inconsistency because everyone who find it hard to earn a dollar won't risk their belle for sub for internet sake.

Another angle to see that sentence (Bitcoin is for everyone) I think it's trying to let know that everyone wether rich or poor can follow up.

Na for u to check how ur pocket take Ballance because at any cost money matter dey involved.

Bitcoin is not for all, is only politics that's for. Because if your no participate in politics you end up getting bad leaders that will mess you up. But Bitcoin isn't for everyone, is a choice to be free from poverty. Is not everyone that want to be free from poverty. Bitcoin is not for poor people that are looking for food to eat, such individual can't hold coin for long, he can't invest in bitcoin. 63%of Nigerians are wallowing in poverty according to the report,  is a sad statistic for our dear nation, that's blessed with mineral resources yet we can't utilise it for betterment of the people. In such situation you don't expect them to make any investment either bitcoin or others they won't listen to you, because they live from hand to mouth. There's no spare money for investment. And don't blame them if they don't invest in bitcoin because its their fault. Bitcoin investment is for people who have money and other businesses. Not for everyone.

Bitcoin is Accessible to everyone, is an open concept that is not restricting any one from participating, So long as the funds are available you can take part if it is your investment preference. But the reality is that not everyone can afford investing in Bitcoin so many especially those struggling with hardship or poverty will find it difficult to engage and there are people who don't have access to network. Bitcoin investment is not for those struggling with earnings but for individuals who can afford it and will be consistent. Individuals struggling with poverty can engage in small medium scale businesses that can be set up with small amount of money.

The last time wey I check, na money they dey take buy Bitcoin which mean say the 63% of Nigerian population wey dey wallow for poverty get big problem wey be say Bitcoin no even follow for the thing wey them dey think about. You don see person wey no chop wey come dey shit better shit? Wetin them need now na food and how to survive first and the money wey them get no dey enough so which one them go take buy Bitcoin?

If them even many buy Bitcoin, them no fit hold am because them no get enough money so them go sell am to take chop first. As you know, Bitcoin no be wetin you go buy today come dey expect the plenty profit the next day. E dey require time to give better profit. So the best way na for person wey don see food first, come get small reserve before him go think about buying Bitcoin. That reserve go help am when issue come him no go sell the Bitcoin. So the koko be say, poor man no fit buy and hold Bitcoin.

Yes, BTC is for all but if u don't have money to feed your self or family very well, it will be difficult for u to think about BTC business because u can't leave your stomach empty and start investing in BTC because u will not have d strength and energy to monitor your BTC business till it begins to bring good result.

Na true talk op, say 63% people in Nigeria are facing poverty in d country because since d federal government removed fuel subsidy from d country, it has caused massive poverty in d country that is making people not to think about BTC business because dey don't have d money to invest in BTC business. There are many people in d country that have interest in BTC business, but base on d poverty on ground make majority of people not to think about d BTC business, because dey are looking for daily bread so that dey can be able to overcome d hardship that is affecting d country.

We must say the truth many people wey dey here dey say dem dey invest in bitcoin na lie, dem dey get bitcoin through di campaigns so it is easy for them to say bitcoin na for everyone. Yessoo bitcoin na for everyone but those wey never chop belle full e no go invest and even if dem don invest or let say dem dey work for campaign and campaign come stop. Dem go touch their bitcoin chop because dem no get anything to continue di investment.
Make no dey follow di Oyibo people dey talk oh. Because their own God don butter their bread. Dem dey work for real life and still dey work for forum so dem get advantage well well.

I believe many people are out there deceiving their selve that Bitcoin is for everyone, and there's differences when dey say that. If Bitcoin is really for everyone many of our youth will be holding millions of Bitcoin right now. Bitcoin is for everyone meaning that is for those that can beat their chest say they are wealthy enough to buy Bitcoin without fear, is not for the people that to even eat a day is very difficult for them. I agree with you that Bitcoin investment does not guarantee to put food on our table. Bitcoin investment is not for the weak, it meant for those that have legit work, even though they touch their money to invest for the long term it will not affect them.

However, in my opinion, in this country, it is still the rich people who continue to get rich because as Bitcoin dey so, wealthy people will not think of it twice before they invest but poor people they will first have to think about their stomach, if they invest this money now, what are they going to eat, you see they will change their mind not to invest again. So I believe that Bitcoin is not meant for everyone with this current economy.

If this was an altcoinstalks, I would have removed 10 Karmas from you because you are talking from idealist point of view and not a realist. In reality, how many people are disturbing for money a day when you step out from your house? And nobody has any spare many in anywhere. And those who are saying we should invest in bitcoin with spare many, now where are the spare funds. According to one of my tribe song, nobody keep funds for problem but when the problem occurs funds were raised to solve the issue therefore there is no spare funds at anywhere. Don't say things because people were saying in the forum and merit sources were given merits for that, remember they are advanced countries and things work easy for them there and not where we come from. We must be realistic. And the aide didn't manipulate the figure but from different Ministries. I was like you when I was developing my account but getting the reality. The environment we found ourselves is different others so we can't compare ours to them. As it is in this country the matter how hard one struggle if the person is poor, he can't invest in bitcoin because he has to first meet up his necessary needs as some commentors have said. I be realist nd a left.

This is a wrong question if you ask me, you should first ask of how do they increase their earnings to be able to invest in bitcoin because it is clearly obvious that they cannot be investors with their income margin.

Remember, investment in bitcoin is advised to be done with spare funds, now these set of people cannot even get themselves filled up, talk less of having spares for investment, so Its clearly not possible.

The government aide that said this lacks vision, he is fast to give statistics of people living in poverty but cannot proffer solution to their predicaments. Of what use is it talking about the problem and giving statistics without proper strategy to solve it?

This is just the same as saying that Education is for all but yet we have a lot of people who can't afford the basic education because they are probably living in an environment where it's difficult to attend school due to how local those environments are. Bitcoin is for all because anyone who wants to buy it and use it can do so regardless of the location, educational qualification, or privileges he's exposed to but without the required finance and the basic knowledge of how Bitcoin works, most persons will most likely not have Bitcoin.

Even without being told that at least 61% of Nigerians are living below the average cost of living, moving on the street alone can give you a better statistic than what you see in the newspaper and this is the main factor that makes most of our guys that are already in the Bitcoin system to always start up first as traders because they can't afford to buy and HODL Bitcoin for at least four years which is the least reasonable number of years to HODL Bitcoin when they have pressing financial needs they have to solve. Poverty plays a great role in determining what a person does with his finances and for the average Nigerian who eats from hand to mouth, what most of them will tell you when you're bringing up an investment discussion with them is that they want to survive first and then making any investments will come up later.

Normally na who don chop well de reason invest.

Yes, agreed.
People that doesn't have any source of living can't invest on Bitcoin because they have nothing. Nobody who can barely feed him/themselves can't feed bitcoin by investing in Bitcoin. Anything you know that you won't be able to do you shouldn't use it to stress yourself because you can't afford to do it. Sometimes life hits people differently that's why sometimes it gets to a point when one can't invest for a limited time then after things are good he start investing again. However yo conclude on what op is saying, the poor can invest in Bitcoin but the ones who barely feed can invest on Bitcoin.

Before one things of touching their investment, I think op is typically talking about people who can’t even afford a single dollar a day and the possibility of them owing bitcoin ?
And I think for one to own bitcoin, then he should atleast be able to afford a dollar for a day.

Without shifting from the topic of discussion @op, I basically buy into your not everyone in the country can own bitcoin and they’re are several reasons to this very issue especially in a country like ours.
There are several reasons why one might not be able to own bitcoin even if they might be able to afford a dollar a day and try include:,
~ poor sensitization: you will agree with me that only a very few number or ration of people in Nigeria actually knows of bitcoin and a very few of the people who know of it are earning or maximizing it
~ poor network.
These two reason and some more are major reason that would limit people from owning bitcoin in the country.

If you don't have any means of income, you cannot invest in bitcoin. Whoever wants to invest in bitcoin should first get a job, and if you ha e a job and your income is small that it cannot take care of your monthly expenses, you should look for a second means of income so that you will have enough that you can invest from.

Whoever understands the reason why we should invest for the future will want to go extra miles in order for him to buy bitcoin and build his portfolio gradually because that is what will save your from dying poor in future. We also know how our local currency is fast depreciating due to inflation, if you keep your saving in bitcoin, it is an hedge to inflation in future your money go increase in value instead of to depreciate when fiat dey depreciate.

Bitcoin wasn't created to be an investment vehicle but as a currency that is universally accessible anywhere on the planet. Those Nigerians you just mentioned that are wallowing in poverty would most likely have bank accounts. Bitcoin for them simply means that they would be able to access financial services without barriers or needing to conform to some KYC or other requirements. All they need is just to setup their wallet, get it funded and they can be good to go. The price appreciation is simply just an added benefit of joining the Bitcoin bandwagon earlier than others.

 The three .ost important needs of man nah food, shelter and clothing. If you fit comfortably afford these three in this crippling economy, e mean say your own don beta. Now other tins folo wey dey make man worry o,  like children school fees and even business you fit do to keep poverty from knocking on your door and when you reason all these ones put, depending on how much as a salary earner you dey earn, e go hard to reason Bitcoin investment. Why? Despite say nah promising investment wey fit yield good results provided you get patience, e no dey without e risks. You fit tell me say life nah about risks but e go dey a bit unwise to invest in Bitcoin when you no get spare or another place wey money dey from come.
 You sef follow talk am say hunger dey and the way tins don choke, e go hard for the average adult to reason go there when him never eat finish.

Bitcoin itself should be invested with money that actually isn't that much important to us which o believe can be related to the word spare cash because it's practically not a get rich scheme that many people in our society actually bid it to be and that's why many people have failed even the ones that actually started investing in Bitcoin because at the long run of everything, they will still end up tempering with their Bitcoin and if you are interested in making success in your then steady tempering of your coin is definitely the wrong perspective and way to go about it.

In this current anyone having someone to cater for will find it difficult to invest in bitcoin, youth or any older ones especially those in school training themselves or the family men/women who has children in schools may likely not have enough funds to invest in Bitcoin and this is not because of not being hard working because many of them even have two or more jobs and are still struggling to meet ends meet, people are suffering God help us all.

Coming on to us here, if not for the opportunities available here at Bitcointalk to earn bitcoin, it will really be hard on us here even with our knowledge and the fact that we know the truth, to accumulate bitcoin as we currently have now especially as a student or a parent or those having families to cater for, economy is hard on everyone we Thank God for BTT things would have been much difficult for many of us here.

I believe this is a random guess figure that most times they used to loot people and this guess is same thing they use in their allocations. We know our country very well and we also know how everyone are multi talented meaning people can do various jobs to get paid and raised money to invest in bitcoin, I think every youth today in our society can't be classified as poor people or even those who can fend for themselves. Already we knew that people are really passing through hell but not for the youth instead for those old people who doesn't have more strength to go source for a living, I can't also dispute the fact government aren't putting any efforts to make sure poverty is eradicated. For about bitcoin well, people can still invest in bitcoin at any time they have money it's accessible to everyone whenever they felt like buying they would always buy them that is to say bitcoin is for everyone it's because of the accessibility to everyone makes it for everyone.

Well OP from my little point of view I gist bitcoin no be for every body now ohh because na who don see food eat dey do invest, cause how you wan tell me say person wey no get job wan do investment for bitcoin that one na big lie e no fit work like that.

 If we check around see how people dey suffer for we country just imagine a civil workers wey dey collect clos to 100k a month with the high cost of things, food stuffs don add money and everything don add money how that person one tak invest bitcoin when money no dey. My brother the truth be told na food be for invest ohhh, all man for him self.

First of all sef Bitcoin no be something wey person wey never fit see food chop sef supposed carry put for head, I mean Bitcoin is everyone no mean say if you never feed well then you go come go carry Bitcoin investment as something wey supposed put food for your table and moreover there is always the first hand advice about Bitcoin investment being for people that actually have tangible jobs doing especially the long term holders.

First let me differentiate poverty and hunger. Because most of us don't know di different and we using them together.
Poverty does not mean say you don't have for to eat, you don't have anything. But you have food to eat but it is not sufficient fill yourself. In 2020 World Bank said the average Nigerians are living below one dollar a day. And by then 1 dollar was #366 and if someone didn't have that amount then that person can't invest in Bitcoin because he very poor that he or she only thought on survival. And that is why when people are saying that bitcoin is for everyone, yes I agreed but not everyone can invest because cost of living making things difficult for some people to invest in bitcoin. Not everyone has access to Internet and not everyone has money to invest. Yesterday and today Vanguard newspaper again. I have been following the news on social media platforms and blogs , the current serving Presidential aide said, 63% of Nigerians are wallowing in poverty, so this has came to my mind will this 63% who can't afford $1 dollar a day invest in bitcoin if we go with the idealist saying of bitcoin is for everyone therefore everyone can invest it in. Yes everyone can do that but what of the 63%?

This has indicated it that the 63% which is below 1 dollar a day can't invest in bitcoin.

And hunger is the time when you don't have anything to eat so those who are hungry too can't invest because they have to eat first.