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Topic: Do you think bitcoin redistributes wealth or just makes the wealthy richer? - page 5. (Read 3769 times)

sr. member
Activity: 588
Merit: 256
I think that bitcoin makes richer savvy people who are not afraid to take risks and catch the moment.

You can be rich if you are willing to take risk and that is the nature of life, cryptocurrency is a big help for everyone because in this way people will have more opportunity in their life.
everyone can become rich if they continue to focus on this field, bitcoin makes people become creative and imaginative, many people get a lot of benefits from the work they make and a lot of people who earn money by trading on bitcoin, it's all from cleverness they are thinking of doubling the capital that has been spent in trade.
full member
Activity: 378
Merit: 100
I LOVE ADABS
I think that bitcoin makes richer savvy people who are not afraid to take risks and catch the moment.

You can be rich if you are willing to take risk and that is the nature of life, cryptocurrency is a big help for everyone because in this way people will have more opportunity in their life.
jr. member
Activity: 126
Merit: 1
I think that bitcoin makes richer savvy people who are not afraid to take risks and catch the moment.
full member
Activity: 420
Merit: 101
Just that... do you think there is any re-distribution effect at all due to bitcoin?
Indeed it is on account of in cryptographic money there is a high hazard and on the off chance that you contribute on it at that point there is a plausibility that there riches will be conveyed equally on the off chance that they don't know how to contribute carefully on this framework. However, as we as a whole realize that the rich individuals seems too great with regards to contributing their cash on this framework. They even know when to purchase hold and offer.
hero member
Activity: 770
Merit: 501
Bitcoin is limited to a circle of people who have access to the Internet. anyway but this is a small number of people. although the price entry to the market is still much lower than for traditional markets
full member
Activity: 1344
Merit: 103
Wealth from bitcoin is for us and its not only for the rich people , even you can buy a bitcoin and hold for waiting  for the double or triple the price. Believe yourself and always positive someday we also get rich. 
newbie
Activity: 19
Merit: 0
IT actually does both. Because you can earn alot more if you have a lot more money from the start, but you can also start with almost nothing and work your way up.
newbie
Activity: 31
Merit: 0
The rich can be richer by bitcoins, but not all, bitcoins only make up a small portion of the wealth of the rich, and any distribution effect depends very much on many factors.
newbie
Activity: 125
Merit: 0
Not really redistributes but I think bitcoin created a few new millionaires and a few more income source for the bounty hunters and trader.
newbie
Activity: 28
Merit: 0
Bitcoin can dominate a lot of money around the world, but decentralization of wealth or redistribution of wealth does not seem to be clear, it's just in some cases, bitcoin only contributes to that part of it.
newbie
Activity: 31
Merit: 0
At present, bitcoin does not allocate wealth, but it can bring newcomers to it, if lucky, they can earn thousands of dollars in a short amount of time. To bring the rich more wealthy if he invests wisely
newbie
Activity: 29
Merit: 0
Bitcoin can make a normal person wealthy. However, that wealth is not sustainable, a rich man strong even if bitcoin grab their big money, they are still rich. I think bitcoin can not redistribute wealth.
full member
Activity: 686
Merit: 125
Just that... do you think there is any re-distribution effect at all due to bitcoin?
Yes it is because in cryptocurrency there is a high risk and if you invest on it then there is a possibility that there wealth will be distributed evenly if they do not know how to invest wisely on this system. But as we all know that the rich people does seem too good when it comes to investing their money on this system. They even know when to buy hold and sell.
newbie
Activity: 32
Merit: 0
I think what you put out is not quite right, assuming all bitcoin investors are rich, they are still rich, only a few are not rich but they are not poor, and those with little capital, they Hard to get rich because they do not have enough capital to speculate on bitcoin
newbie
Activity: 34
Merit: 0
Apparently, Bitcoin can not redistribute wealth, Bitcoin can make a person rich, but for the rich, bitcoin can not make all of the poor.
jr. member
Activity: 153
Merit: 3
BTC market is a free market, and anyone rich is thanks to their patience and their patience. If you have less money you should invest less and vice versa, the rich are like people. poverty. no one more than anyone
The best thing which I like about the bitcoin is that it helps you in making of money without creating any kind of discrimination and that it keeps in helping the ones who trust in bitcoin to make more money which can then help them in having a comfortable life. It is all and all your own efforts and hard work which will then help you in having some good earning and that you have to do your best to earn more.
jr. member
Activity: 182
Merit: 1
In this market there is no fairness or division of wealth, win in this market for those who are experienced, they are more sophisticated, and know the opportunities for the rise and fall of the market
full member
Activity: 476
Merit: 100
www.daxico.com
If we are talking about the amount of money you invest in bitcoin, then that will make a big difference because the bigger the money you pour in bitcoin, the bigger the profit you will also earn. I believe bitcoin is the largest wealth distribution of all time because i've read some testaments already from the ordinary people who become wealthy.
member
Activity: 173
Merit: 19
I think that Bitcoin redistributes the wealth since it is providing equal opportunity to anyone and everyone from any part of the world to earn from the various tasks we have in Bitcoin or cryptos from developer, programmer to bloggers, advertisers, signature campaign contributer, trader, investor and even to some enthusiasts.
sr. member
Activity: 980
Merit: 261
Just that... do you think there is any re-distribution effect at all due to bitcoin?

For me, it does help everyone. It gives equal opportunity to everyones to have a better life. So it does not matter to me who gets richer as long as he does not do anything illegal.

nice stance, it makes a poor or a middle class people to have a good financial stability, while the rich since they have the power to invest it helps also their money to grow so we should have a good insight on how bitcoin helps people with their financial aspect.
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