Did you realize in real life how Bitcoin gave us financial freedom? - page 2.

SquallLeonhart

legendary

Activity: 2464

Merit: 1102

Quote from: The Cryptovator on December 11, 2021, 08:09:05 AM

What about it, when did you realize in real life Bitcoin is giving us financial freedom?

I have to say that financial freedom is one thing but it actually gave me the real freedom, like freedom to be happy in life. Before crypto, I used to work hard shifts at my work, now I am much happier thanks to my crypto income. I am planning on doing this for the rest of my life, I mean maybe I will find other stuff to do like a hobby, these days I do not really have any hobby at all, maybe playing PC games here and there but I haven't been able to do that for months now, so in the future when I get rich enough I want to spend some time relaxing as well.

However, so far crypto gave me the chance to be financially and otherwise free to do whatever I want with the time I have and also not worry about money. Being able to say "I do not worry about money too much" is just a big freedom to every other part of your life as well, and that is the power of bitcoin.

Coyster

legendary

Activity: 2184

Merit: 1302

I'd say the best way I realized I'm "financially free' in the Bitcoin network is cause I'm my own bank, I think not just me but majority of Bitcoin users love the network cause they control their funds themselves, for example when you have your money in the bank, it's very much susceptible in one way if another, cause the government can freeze it on one ground or the other, but in the Bitcoin network all you need to learn is the security protocols, how to safely keep your funds and ensure that scammers do not steal it from you, there's no government, nor centralized body that can preside over your funds.

But having said that, users need to understand that you only have 100% control of your funds when you have the keys/seed phrase, if you make the error of keeping your funds with centralized services were you're not in possession of your keys, then remember, if it's not your keys, it's definitely not your funds; the government can also seize your funds through centralized exchanges as well as track you, thus always use a non-custodial wallet, and keep your seed phrase/private keys safe and to yourself only.

Shasha80

sr. member

Activity: 1876

Merit: 318

Quote from: milewilda on December 15, 2021, 06:19:16 PM

Quote from: Shasha80 on December 15, 2021, 05:26:17 PM

Quote from: ?? on ??

Quote from: Nahl on December 14, 2021, 10:09:39 AM

Bitcoin can be the solution as financial freedom indeed but the problem is we are life in the countries who always be rely on banks for daily transactions and traditional banks seems never let Bitcoin taking over their positions and moreover governments support banks so in my view bitcoin as the solutions of financial freedom will not be able to work optimally because not get fully support by governements

Reasonable reason and at the moment I really don't see Bitcoin taking over,
apart from that we will not know what will happen in the future,
hope that with the development of the times and what crypto has to offer can make the government support Bitcoin

Not only now Bitcoin can't take over, but it looks like Bitcoin will not be able to take over forever. We know how governments rely heavily on banks
and don't want Bitcoin to take over. It may be difficult to make the government aware that by providing support for Bitcoin, it can provide many
positive things for citizens. Until now, there are not many countries that support Bitcoin, most countries in the world are even neutral. Indeed,
due to decentralization, the government considers Bitcoin a serious threat to the banking system. Even though such thoughts are wrong, Bitcoin was
not created from the beginning to replace banks, but only as a payment alternative. Hopefully in the future a miracle happens the government
can support crypto for the good of the population, because many positive things can happen if the government supports Bitcoin.

There's no such thing about taking over because both things could exist which means there would be no overlapping on each other and its no surprise
that government would really be focusing on something that would really oppose their interest or simply being decentralized.
Regulation is inevitable and it cant really be avoided that it would become stricter and tighten over time into those platforms
who had been dealing with crypto.

I also feel the same way that the government will try to tighten the regulation if something goes against their interests. It happened in my country,
one government agency said something negative about crypto. This makes some people who don't really understand crypto receive misinformation,
and ends up making crypto look bad to some people. Finally I feel not free to use crypto in my own country, not because the government forbids it,
but because people getting this misinformation make me uncomfortable. They try to influence me with their wrong thinking about crypto,
it all started with a statement by a government agency that seemed to corner crypto in my opinion. So for now in real life I prefer to use crypto
secretly without other people knowing about it, except for my family and closest people who already knew from the start. I hope that in the future
the people of my country will be more receptive to the presence of crypto. Although I know it may take a long time, and I have to be patient with it.

Quidat

hero member

Activity: 2688

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: aryana42 on December 18, 2021, 03:59:46 PM

Bitcoin in general provides financial freedom for many of its users. With today's crypto technology, new projects are born and are very actively traded. Apart from Bitcoin, several other Altcoins have also given me financial freedom. For those who held Bitcoin in 2019 and sold it this year, of course they have made a lot of profit. So I say not only in small ways, but Bitcoin provides financial freedom for many people at large.

Freedom into those who had wisely made out investments and do knows on when to pull out when they are on gains or to those people who had simply held up and wait for long term but everything will really vary on how someone would do or put some hardwork and effort.
Money or profits could just flow in without doing anything unless if you do held sigificant amounts of coins then it would be possible
but we know that not all would really be having that kind of amount so it all varies.

aryana42

sr. member

Activity: 1190

Merit: 251

Bitcoin in general provides financial freedom for many of its users. With today's crypto technology, new projects are born and are very actively traded. Apart from Bitcoin, several other Altcoins have also given me financial freedom. For those who held Bitcoin in 2019 and sold it this year, of course they have made a lot of profit. So I say not only in small ways, but Bitcoin provides financial freedom for many people at large.

Rufsilf

sr. member

Activity: 1778

Merit: 309

Quote from: Charles-Tim on December 11, 2021, 08:19:49 AM

Never mind. You still meant privacy, not financial freedom. Financial freedom is when someone is not relying on debt but having the money needed to move on in life.

This has never happened to me before, but it can also dawn to be happying in my country. But anytime I want to spend money using my banking app, it always needed to fill in the reason for spending. I always put in 'business' for the reason and no further question. It can get to the extent that could be beyond expected and more privacy invading.

Fiat is completely centralized, designed and operated by centralized bodies. The governments will all the time look for their means to inavde people's privacy in the name of anti-money laundering and counter terrorism financing. With fiat, there is no privacy.

You're exactly correct, privacy and financila freedom is two complete different things. But I still get it what the OP want to say or meant to say.
It's true to that nowadays bank are so strict and began questioning some irrelevant things that it it doesn't make sense anymore because we just want to withdraw/deposit our moneys to and from them. Instead, I want to see that they are happy to help us because it's our own free will that we let them take our money to store with our own expense because we practically pay them to keep it safe. But what's happening now is that exact opposite of what is suppose to happen.
Bitcoin opened our eyes that we don't need them and centralization is getting us blind and follow them. Bitcoin offers us the solution to do what we want in our money, privately without any questions at all. And ofcourse it is decentralized.

Mauser

hero member

Activity: 1974

Merit: 534

So far I didn't full realise my financial freedom yet. Crypto currencies are a big part of my investments, the rise in crypto prices shows the power of a decentralised financial system. But to reach freedom I need to buy physical things again. The most important one is probably owning a house. Only after living in my own 4 walls without paying back a bank loan I could fully feel financial freedom. Even if we make decent money with cryptos, as long as we need to pay large monthly bills in fiat money are we stuck in the rat race. Escaping the rat race from Robert Kyiosaki would mean freedom for me.

stadus

legendary

Activity: 3080

Merit: 1292

Hhampuz for Campaign management

I prefer to call it privacy as financial freedom in my understand is when you don't have a problem with money anymore, and that you can buy and do anything you want with your money, and that would not make you worry about your future.

Banks would certainly ask questions, that's normal because they are mandated by the government which is the central bank, they are just implementing it, so we should get used to it. I'm pretty sure before we open a bank account, we are pretty well aware already of the do's and don't and the basic requirements, etc.

XCANA

full member

Activity: 1470

Merit: 148

Quote from: The Cryptovator on December 11, 2021, 08:09:05 AM

Everyone knows how Bitcoin is a decentralized cryptocurrency and gives us financial freedom. I am wondering how did you realize that in real life that Bitcoin gave us financial freedom? This isn't a question, this is curiosity.

When I realized? And why? Let's describe it shortly.
A few days back I went to the bank to withdraw my deposit. That amount wasn't much big though, but the bank just asked me many questions. And surprisingly all were fucking questions. They asked me why do I need to withdraw and where will I spend. This happened first time with me since I was abroad for a long time. Then I realize how Bitcoin gave us financial freedom. No one is there asking me the question to spend my fund. How fucking centralized banking system even you have to encounter many questions during withdrawal your funds. They are asking questions like I am beger. This was my real file realization of how Bitcoin gives us financial freedom.

What about it, when did you realize in real life Bitcoin is giving us financial freedom?

I don't really buy your idea of how you came to realize that Bitcoin is a financial freedom. If I may asked you quickly please which country do such a thing happened to you for I don't really believe in this your story as it looks like a cock story in my opinion except if you are withdrawing a huge sum of money but in your case is a little amount of money.

pealr12

hero member

Activity: 1946

Merit: 502

Quote from: The Cryptovator on December 11, 2021, 08:09:05 AM

Everyone knows how Bitcoin is a decentralized cryptocurrency and gives us financial freedom. I am wondering how did you realize that in real life that Bitcoin gave us financial freedom? This isn't a question, this is curiosity.

When I realized? And why? Let's describe it shortly.
A few days back I went to the bank to withdraw my deposit. That amount wasn't much big though, but the bank just asked me many questions. And surprisingly all were fucking questions. They asked me why do I need to withdraw and where will I spend. This happened first time with me since I was abroad for a long time. Then I realize how Bitcoin gave us financial freedom. No one is there asking me the question to spend my fund. How fucking centralized banking system even you have to encounter many questions during withdrawal your funds. They are asking questions like I am beger. This was my real file realization of how Bitcoin gives us financial freedom.

What about it, when did you realize in real life Bitcoin is giving us financial freedom?

As much as we want to bring out the positive side of btc and the positive effects it has on our lives, we shouldn't over exaggerate things from what they really are, I don't know where you live but I find it hard to believe your post, I don't know which bank in this 21st century will be so shallow to ask such questions just to withdraw money which belongs to the account owner, it doesn't sound right to me.

Rehan Zakir

member

Activity: 812

Merit: 53

This is the best thing that I feel about this crypto market. Bitcoin market gives us a freedom that we can withdrawal our currency at any time and any amount. We did not have any restrictions just like banks. We can use our money without giving any explanation. So, this is the good thing that I feel about this market.

Cogitator

newbie

Activity: 1

Merit: 0

Nice encounter and realization! It is true that crypto has provided us with so much anonymity and freedom to spend funds without anyone's authority over us. I have some little experiences as well, like, I had problems while transacting in past when the payments server probably got bugged and my payment to the shop owner very late and I had to send him again. Even when using cash, there are so many problems, condition of notes, keeping them safe, the trouble of counting them etc are so much, crypto has made it all easier to make transactions and make predictions on estimated payment arrivals.

Smitty Werben Man Jensen

full member

Activity: 1568

Merit: 100

COMBONetwork

Quote from: Anonylz on December 17, 2021, 10:26:23 AM

Btc provides some sort of freedom and life changing opportunity btc gives you easy access and you can transact freely without any third party, people can easily invest in btc without any stress unlike stock and other government assets, but for you to attain financial freedom, it means you have really made good money with crypto.

It must also be understood that easy to invest does not mean easy to make a profit from investing,
Basically, whatever the investment, there will always be risk.
there are indeed many people out there who have already gained financial freedom because of crypto

Cling18

full member

Activity: 1708

Merit: 126

Bitcoin has changed a lot in our economy even in our personal lives especially during this pandemic. Lots of people have been successful because of Bitcoin investment. I could say that Bitcoin is a reliable source of good income if we only know how to grab the opportunities that it could offer. It even made important transactions more convenient as a currency and mode of payment. If there would be more adoptions and a lot more people would get to see its importance, I'm sure that we could all experience a better level of financial freedom.

BITCOIN4X

legendary

Activity: 1974

Merit: 1150

No bank or its employees have ever asked me the same thing until now. But luckily I never had the urge to keep money in my bank account for too long because I don't like bank investment. Although one day they asked me where I was going to spend my money, so I guess I won't answer very openly because I believe that's the privacy I should have.

To be honest we all realize that banks are no better than bitcoin when it comes to privacy because the two financial systems are completely different. Centralization vs Decentralization and we know which is the best of the two. A good solution is bitcoin which can give us financial freedom.

bitgolden

legendary

Activity: 2996

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

Quote from: The Cryptovator on December 11, 2021, 08:09:05 AM

A few days back I went to the bank to withdraw my deposit. That amount wasn't much big though, but the bank just asked me many questions. And surprisingly all were fucking questions. They asked me why do I need to withdraw and where will I spend. This happened first time with me since I was abroad for a long time. Then I realize how Bitcoin gave us financial freedom. No one is there asking me the question to spend my fund. How fucking centralized banking system even you have to encounter many questions during withdrawal your funds. They are asking questions like I am beger. This was my real file realization of how Bitcoin gives us financial freedom.

Well, my bank has never asked me such a question before why trying to withdraw money. But, I do know that banks placed a lot of restrictions on how we spend and receive money. For example, I do have a friend who received a huge sum of money, and the bank had to lock his account in the bank, and he had to go there to clarify some things on how he got the money and what kind of business he had to do and all that, there were lots of questions he had to answer to before his account was unlocked.

I am very much aware of that one, it’s a normal thing that banks do, whenever you receive a huge sum of amount that have never been to your account before, they are likely to suspect you and start asking some questions. But in Bitcoin, nobody is ready to ask you that sort of question, because you are the one who is in charge of your money when it comes to Bitcoin.

BernyJB

full member

Activity: 182

Merit: 190

One can only hope.
Beside arguments about the meaning of financial freedom and whatnot, at least now, I'd be very happy if I could start and Bitcoin (or any cryptocurrency) gave me the freedom to have some food on the table everyday, and not having to think if I'll have a roof over my head tomorrow. I'm sure "financial freedom" has different meanings for different people, and probably (hopefully?) it will have a different meaning to me in the future, but, for now, that's it.
A few weeks ago somebody posted a meme on facebook: "you can't have a full life on an empty stomach". I couldn't agree more.

Anonylz

hero member

Activity: 2562

Merit: 577

Btc provides some sort of freedom and life changing opportunity btc gives you easy access and you can transact freely without any third party, people can easily invest in btc without any stress unlike stock and other government assets, but for you to attain financial freedom, it means you have really made good money with crypto.

Xampeuu

full member

Activity: 1442

Merit: 116

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: kapalmabur on December 17, 2021, 05:37:59 AM

Quote from: Chrystora123 on December 16, 2021, 11:59:59 AM

Quote from: Alisha FR on December 16, 2021, 08:46:01 AM

yes, all who invest in their bitcoins have got financial freedom. This is for those who are not afraid of losing their money in the past, bitcoin was once underestimated by some for its future opportunities. and now the fact that there are a lot of new billionaires with huge profits that bitcoin gives. i don't make a lot of profit from bitcoins, unlike the surviving investors many years ago. bitcoin has given me the trust till now to fulfill my needs.

what we feel right now is hard to explain to those who are new and have never benefited from bitcoin at all, bitcoin really gives financial freedom to me personally, if someone says that bitcoin will be banned all countries and die then I will not leave it because in this world only bitcoin gives me financial freedom..

Of course everyone has their own experience with Bitcoin and not everyone gets financial freedom from Bitcoin,
but it must also be admitted that since crypto a lot of people have benefited and this is a positive thing

I take the example of myself personally, although bitcoin has not been able to provide financial freedom for me, but with bitcoin and I know bitcoin has an impact on my economy, I can make money from here and are not bound by time like we work for companies. I think the freedom to make money here is very easy for anyone, as long as they have the will to grow

kapalmabur

sr. member

Activity: 2002

Merit: 250

Quote from: Chrystora123 on December 16, 2021, 11:59:59 AM

Quote from: Alisha FR on December 16, 2021, 08:46:01 AM

yes, all who invest in their bitcoins have got financial freedom. This is for those who are not afraid of losing their money in the past, bitcoin was once underestimated by some for its future opportunities. and now the fact that there are a lot of new billionaires with huge profits that bitcoin gives. i don't make a lot of profit from bitcoins, unlike the surviving investors many years ago. bitcoin has given me the trust till now to fulfill my needs.

what we feel right now is hard to explain to those who are new and have never benefited from bitcoin at all, bitcoin really gives financial freedom to me personally, if someone says that bitcoin will be banned all countries and die then I will not leave it because in this world only bitcoin gives me financial freedom..

Of course everyone has their own experience with Bitcoin and not everyone gets financial freedom from Bitcoin,
but it must also be admitted that since crypto a lot of people have benefited and this is a positive thing

Topic: Did you realize in real life how Bitcoin gave us financial freedom? - page 2. (Read 527 times)