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Topic: Do Not Blame Bitcoin, No Government Want To Make Its Citizen Millionaire - page 8. (Read 1304 times)

hero member
Activity: 1638
Merit: 518
So , their economy will collapse because too much money out and of course , that its not a reason for increasing bitcoin price.
A simple reason, high demand make price go high.
Just it. About no one goverment want to make their citizen become millionaire, well , i have no idea.
legendary
Activity: 1106
Merit: 1000
This thread should be move to Economy section.

It's looks like you blame your wages. Try to find a jobs that have a higher wages, try blockchain industry or do a business.
Bitcoin price is depends on the demands, with current price it's need mass adoption to make it hit $100k or more.

Well, at the first time we can't force the government to recognize Bitcoin as payment, they have own laws which actually made for their profit.
member
Activity: 538
Merit: 17
So many books, so little time
Do Not Blame Bitcoin, No Government Want To Make Its Citizen Millionaire

Just listened that UK new pm has increased the wages of UK employees a few cents per hour, Laughed. When the wages will be small, how you may claim that bitcoin may hit $100K or even a million? People only invest a portion of their money in Crypto, And the government pays a very small amount around $11/per hour. Can this small amount make bitcoin to hit over 100K or a million USD?

If these governments want to make their people rich, they could increase their wages to upto 10 times, around $100/per hour. When wages will be high, more amount of money could be invested in Crypto.

I hate this, even programmers are forced to work in less budget. When dollars and other currencies are free to be printed and their value will not be reduced even if they are printed a lot more, then which ant is enforcing and stopping the governments to force their employees to work in a low budget?
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