So I had a great holiday season all with the help of Bitcoin I came from an underdeveloped country where the rate of unemployment is pretty high and many youths are left to do some hard jobs just to survive even graduates with University degrees have no paying jobs I got to know about this forum some months ago and since then my financial life was transformed and the Christmas happens to be my best I can now earn little money to take care of my financial needs all with the help of Bitcoin-related jobs both on this forum and off the forum. BITCOIN IS A SAVIOR
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Until Bitcoin, cryptocurrencies and blockchain technology have entered into my life and it’s a big breakthrough for me. It turned my life around, paying my debts, giving back to my family, traveling around the Philippines and abroad before the pandemic, etc. Now even during the pandemic, I’ve gained my footing by becoming a crypto Youtuber and podcaster. Not an easy journey, but totally worth it and I’ve started feeling the fruits of my labor until now.
It’s not just upgrading my life financially and can afford such things like setting up my home studio, investing on health and more crypto assets, etc., but also made me grow as a person learning to be humble and staying low key.
Those were quite heartfelt turnaround stories from the both of you.
There is no doubt that Bitcoin has provided opportunities to a lot of people, especially in the SEA countries and other countries where earning opportunities are very competitive due to populations and small sized economies. With crypto, there are no borders. Value is created in a decentralized way and stakeholders benefit in a decentralized way.
While the going has been good till now, I'd definitely submit that these are not really established opportunities at present. Things can change at anytime with a prolonged crypto winter. Then there are other risk factors like:
1. Ambiguity in regulations and general reluctance of governments.
2. The space getting more and more limited in terms of open opportunities with formation of big boys' clubs and VCs who are always the first in projects.
3. Too many people using unethical methods like bot-farming, wallet farming rather than genuine engagement. While these maybe beneficial in the short run to individuals, it damages the overall ecosystem.
4. Too much money still being allocated to vaporware and false promises of decentralization.
So, while its good that crypto is helping people, its up to the people to grow it and save it. Unethical means and lip-service will only go so far in the real world.