bitcoin wasn’t created to make you rich. It was created to make you free - page 7.

fullhdpixel

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Quote from: FloridaKid on April 10, 2021, 06:34:32 AM

In the world that we are living today been rich is freedom, yes money can take you places and buy you things, what's free when you are so poor that you can't take good care of yourself talkless of your families and loved ones? The freedom that I've achieved from bitcoin and crypto is financial freedom

I think the idea of "money doesn't buy happiness" was coined by someone who never felt the real poor life. In poor life you have so many things that could go wrong that I rather be rich and cry in my lambo then be poor and feel scared about being left homeless. I mean sure there are reasons to be upset in rich life as well, Steve Jobs was one of the richest people in the world when he died and he got cancer and even though he could have tried to fight it off, he knew that there was nearly no chance he would win and his latest days would be all sick and in bed, so he just gave up.

There are times like that when you are super rich, but you could also be Warren Buffet drinking coke and eating French fries everyday and live to 90 and not have that much problem in your life as well. No very poor person has a chance to be happy for long term, rich people at least have that possibility.

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Quote from: ConnerDalfino on April 01, 2021, 04:43:31 AM

I hate that I cannot save money effectively because our government loves to inflate problems away at the expense of my savings... bitcoin and altcoins are our greatest hope in returning power back to working middle-class people.

your thoughts?

I believe that we all have a different perspective on how we treat or see Bitcoin. Some believe that Bitcoin will be accepted worldwide as a currency, and some believe that Bitcoin is just something that we can just buy and sell to gain money.

For me, Bitcoin is something that we need to end now the uncontrollable increase of the inflation rate. That is why I see Bitcoin as an asset that I need to accumulate so when that time comes that the world adopts already, I will be ready.

FloridaKid

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Quote from: ConnerDalfino on April 01, 2021, 04:43:31 AM

I hate that I cannot save money effectively because our government loves to inflate problems away at the expense of my savings... bitcoin and altcoins are our greatest hope in returning power back to working middle-class people.

your thoughts?

In the world that we are living today been rich is freedom, yes money can take you places and buy you things, what's free when you are so poor that you can't take good care of yourself talkless of your families and loved ones? The freedom that I've achieved from bitcoin and crypto is financial freedom

JoMarrah Iarim Dan

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Quote from: ConnerDalfino on April 01, 2021, 04:43:31 AM

I hate that I cannot save money effectively because our government loves to inflate problems away at the expense of my savings... bitcoin and altcoins are our greatest hope in returning power back to working middle-class people.

your thoughts?

Bitcoin helps me provide the money to finish my thesis in college, helps me in buying my daily way back middle 2018 when I'm looking for a job in the city and I dont want to beg for my mom for a money, and now in my situation bitcoin helps me to save a lot money. I become on that part, but I also find bitcoin a reason to become rich just take it seriously. Tax from my basic salary as well as tax of my overtime goes to government. I just think that I can help my country thru that so I am not making it a big deal anymore.

matchi2011

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Quote from: sniveel on April 08, 2021, 12:22:51 PM

It was made to make us free, then us people used it as a tool to earn money and make a living. Let us say that it is not but many people become rich out of it because since its creation, those people believe the potential of bitcoin, how it can help them free to make online transactions easy and fast, and to make profits once we invest on it.

Lucky to those who believe as they are now benefiting from this industry, the system was made to set people free from
the banks or any related financial parties.

With Bitcoin, you are the holder of your own assets, you can deal directly to other people without any interferance from
any government body, just wallet to wallet p2p setup.

sniveel

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It was made to make us free, then us people used it as a tool to earn money and make a living. Let us say that it is not but many people become rich out of it because since its creation, those people believe the potential of bitcoin, how it can help them free to make online transactions easy and fast, and to make profits once we invest on it.

geegaw

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Quote from: Alucard1 on April 08, 2021, 10:03:50 AM

I got your point as cryptocurrency is a decentralized system and no third party is included here, so you are free to do whatever you want on your money, you may control your money anytime without the acceptance of the authority. I just want to point out as well the things you said about bitcoin wasn't created to make you rich, yes that is true, Satoshi Nakamoto has created bitcoin not thinking that it can make someone rich but there already a lot of people who get rich because of bitcoin, we know a lot of people who are now included as one of the richest man in the world with the help of cryptocurrency.

Somehow I understand your idea, rather than being constrained by the principles of the monetary system from government, Bitcoin allows users to convert currency from the government system into a free and unregulated currency but in the end, the idea of becoming free turned bitcoin into a profitable investment. Bitcoin's origins and ideas of freedom have been overshadowed by huge profits, today we only look to bitcoin in search of a rich opportunity, the world without principles is the resource to make the value of bitcoin limitless.

Alucard1

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I got your point as cryptocurrency is a decentralized system and no third party is included here, so you are free to do whatever you want on your money, you may control your money anytime without the acceptance of the authority. I just want to point out as well the things you said about bitcoin wasn't created to make you rich, yes that is true, Satoshi Nakamoto has created bitcoin not thinking that it can make someone rich but there already a lot of people who get rich because of bitcoin, we know a lot of people who are now included as one of the richest man in the world with the help of cryptocurrency.

galestorm

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Futurov

My thoughts exactly. Fiat money is controlled by the government, so what you do with the money is actually your footprints in every step that you take. Every trasaction is recorded so there isnt anonymity. Unlike bitcoin, it gives you control of your "savings". What you do with it depends on you alone. Moreover, your identity is practically secured, transactions just consist of your wallet address. Bitcoin isnt made to be "just" a coin, it gives the user freedom and control of the coins that they own.

pixie85

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Quote from: Evilish on April 01, 2021, 10:19:30 AM

Agree totally. Myself and I am sure many others got into Bitcoin because the premise of being in control of your finances and being your own bank was our only hope of getting out of the broken financial system of this world.

Being rich while hodling should be seen as a bonus.

That's right. I'd be happy if my money held value when held in the form of Bitcoins. I'd much appreciate deflation of 5% a year.

Many people complain about volatility, not seeing that Bitcoin deflates by more than 10% a year, sometimes reaching crazy numbers like 200%. Even 10% is more than any bank would give you for your money and then you'd have to subtract 2-5% inflation from that.

Buying bitcoin is pure profit if you can keep it safe.

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Quote from: jostorres on April 06, 2021, 02:46:29 PM

Quote from: wiss19 on April 06, 2021, 08:12:50 AM

It means your government wants to you keep working regardless of your saving but you're going to use bitcoin to save you from that situation? Why not we assume that bitcoin was created for both the purposes of getting us rich as well as make us free? Because, the reason why bitcoin was created definitely perspective; it will look like how you are approaching it and based what are your needs.

In my opinion bitcoin was created to get rid of all the hassles of our traditional banking like giving the power of banking back to the common people themselves. But to make it popular, it was designed in a way which will be helping us to be richer but that is only in short-term property of bitcoin or we can assume them it like a temporary characteristic.

I can't stress this enough ; BOTH CAN HAPPEN. Why do people who know that bitcoin is an asset that could be traded and make more fiat profit for you AND it could also be something that will set you free if you keep holding it for a long time. You can mine it, trade it, invest in it, use it, earn it, spend it, throw it away do whatever you want with it, it is a personal preference and it wasn't created to do anything, it was created as a test and as long as that happens to stay and work that means it worked. You think bitcoin is the first "e-money" that was ever created?

The purpose of Bitcoin creation was many but we understand its purpose footing each individual's understanding about it and what we use it for. But footing what Satoshi said when he first introduced Bitcoin, Bitcoin definitely created as an alternative solution, not a test, and also to give power back to common people as wiss19 said since it involved no middle man.
Bitcoin was not the first e-money and those previous e-money failed because they operated in a centralized way and to enrich in the owner/creator.

jostorres

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Quote from: wiss19 on April 06, 2021, 08:12:50 AM

It means your government wants to you keep working regardless of your saving but you're going to use bitcoin to save you from that situation? Why not we assume that bitcoin was created for both the purposes of getting us rich as well as make us free? Because, the reason why bitcoin was created definitely perspective; it will look like how you are approaching it and based what are your needs.

In my opinion bitcoin was created to get rid of all the hassles of our traditional banking like giving the power of banking back to the common people themselves. But to make it popular, it was designed in a way which will be helping us to be richer but that is only in short-term property of bitcoin or we can assume them it like a temporary characteristic.

I can't stress this enough ; BOTH CAN HAPPEN. Why do people who know that bitcoin is an asset that could be traded and make more fiat profit for you AND it could also be something that will set you free if you keep holding it for a long time. You can mine it, trade it, invest in it, use it, earn it, spend it, throw it away do whatever you want with it, it is a personal preference and it wasn't created to do anything, it was created as a test and as long as that happens to stay and work that means it worked. You think bitcoin is the first "e-money" that was ever created?

There has been many for the past 30 years, and this one was just another that happen to end up working. This is why there is no specific reason and a method how you should use it, it is just something that was done and now we took it over, and we can do whatever we want with it.

wiss19

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Quote from: ConnerDalfino on April 01, 2021, 04:43:31 AM

I hate that I cannot save money effectively because our government loves to inflate problems away at the expense of my savings... bitcoin and altcoins are our greatest hope in returning power back to working middle-class people.

It means your government wants to you keep working regardless of your saving but you're going to use bitcoin to save you from that situation? Why not we assume that bitcoin was created for both the purposes of getting us rich as well as make us free? Because, the reason why bitcoin was created definitely perspective; it will look like how you are approaching it and based what are your needs.

In my opinion bitcoin was created to get rid of all the hassles of our traditional banking like giving the power of banking back to the common people themselves. But to make it popular, it was designed in a way which will be helping us to be richer but that is only in short-term property of bitcoin or we can assume them it like a temporary characteristic.

ipanks

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Quote from: Kittygalore on April 01, 2021, 06:24:27 AM

My thoughts is that bitcoin is just a medium to help you become rich or financially stable, in the end, you are the one that needs to utilize those tools given to you, what I mean by that is you do have bitcoin but you don't know what to do next so you are just stuck into holding only which isn't helpful if you want to get financially stable. I do agree that bitcoin can return the power to the working class but we all know that bitcoin is for everyone so even the ruling class can get in like what they are doing now.

It wasn't created to make someone rich. It is created for financial freedom, as an alternative to fiat since banks are stealing people's money and wasting their time with their system. It just so happened that BTC had been on demand and it gave profit to those who had its early phase. Little by little BTC had become more of a store of value than an alternative medium of exchange. That is why most people view it as an easy-money outlet which is wrong.

We can say bitcoin is a tool to help us to get rich and we have financial freedom, and I think that is all right. Bitcoin is for all people, especially if they know that bitcoin can give many benefits to them. If people can use bitcoin with the right, they will have a chance to become rich and free to use bitcoin for anything they want. Besides that, bitcoin can be our long term investment.

lienfaye

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Bitcoin is the answer for people who wants to store their assets without any forms to fill up unlike when you're storing your money in banks. Its a convenient way and an alternative to remittance centers when it comes to sending money, easy and fast. It is indeed created for us to be free from the third party intermediaries, a digital currency that has high demand.

But because of this demand and volatility, users are also seeing it as an investment opportunity to grow their money. I bet most of us are hodling bitcoin because of the sole purpose of gaining from it. Though the main reason why it was created is not to make the person rich, the decision still depends on the user itself. We are free to do what we want with our btc, either as currency or as investment.

Matimtim

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Its depends on how you use your bitcoin, if you want to get rich because of it, then you can make it with hard works but we can also use it if you just want to be free, free means doing your wants without any limitations, or control from someone like government.

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Pepemo.vip

for those who have already felt the benefits of bitcoin I think they should be able to manage finances or even make other efforts to support their survival, because we know, the wheel of life will always rotate, and we must prepare as much as possible for a better future

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Quote from: TastyChillySauce00 on April 06, 2021, 12:35:50 AM

Though it has now don't really guarantee your freedom of government intervention or any centralized company out there due to KYC and AML but it was indeed intended for that and whoever thinks bitcoin could create job out of thin air need to read the history of bitcoin and how it emerge. I mean, yeah it could probably open up new kind of job but it doesn't intended to make anyone rich either from job or holding it.

I don't think that it was created to make someone rich, it just is. If people continue with this kind of mindset that bitcoin is the answer to all their problem then we are going to end up in a path that isn't good for the future of bitcoin, don't think of it as a money making machine, think of it as a bridge to financial freedom.

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Quote from: Onuohakk on April 05, 2021, 03:28:40 PM

Bitcoin was created as an asset towards financial freedom. To enable people around the globe to have total custody of their money without the involvement of government organizations.
Bitcoin has been a safe paradise in this present digital era

Though it has now don't really guarantee your freedom of government intervention or any centralized company out there due to KYC and AML but it was indeed intended for that and whoever thinks bitcoin could create job out of thin air need to read the history of bitcoin and how it emerge. I mean, yeah it could probably open up new kind of job but it doesn't intended to make anyone rich either from job or holding it.

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Quote from: Twentyonepaylots on April 05, 2021, 04:53:53 PM

Bitcoin is primarily intended for the purpose of creating a decentralized planet where territories and connection aren't a problem in terms of transactions. At least from my perspective, I do not know if Satoshi ever had in mind that his creation will grow this huge not only as an asset but as a store of value as well. Sure, the early adopters may think otherwise, but the fact that Satoshi hadn't placed any feature to support bitcoin's scalability is enough evidence for me to believe that he doesn't know his creation will be this valuable.

And the idea of getting rich via bitcoin, is I think not his concept why he created bitcoin in the first place. But yes, he maybe not gave a thought that this will be a very valuable asset today. And that we are grateful that he invented this cryptocurrency that opens door to blockchain technology as well. This tech changes a lot of things in how humanity does their businesses with. But right now, a lot are still considering bitcoin as an entry to get rich, and later on, they will enlighten themselves about its true nature.

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