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Topic: Does BITCOIN make a person's life better !? - page 11. (Read 5446 times)

legendary
Activity: 1372
Merit: 2017
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Very well worked post but that communist crap theory that the rich are getting richer and the poor are getting poorer does not match the facts. Without denying that in small periods of time that happens, the long term trend is that everyone gets richer, the rich and the poor. I have explained this in other posts but I am sick of it. A poor person today enjoys many more goods and services than a poor person 100, 200 and 1,000 years ago. In particular, he eats much more, and many are fat (from eating so much junk food), something unthinkable centuries ago.
legendary
Activity: 3304
Merit: 1617
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It’s certainly made mine & many others lives better. It’s given me a life that I never would have achieved if I didn’t get in so early but enough about me. Bitcoin helps many people, think about the unbanked who can store money on their phones. Bitcoin is the great innovation since the internet.
legendary
Activity: 3234
Merit: 1214
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Bitcoin has the ability to make anyone financially successful, and this happens out of perfect planning as well as investing at the right time. In a combined form, it also requires luck. There are people who invested during the early days and spend those during the early days. If they've kept hold, now it could've given them a big profit. So, luck and patience too has role in being better through bitcoin.
legendary
Activity: 2310
Merit: 4085
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The financial market distributes the capital and the wealth from majority to minority. Only very few people are able to earn money on the market or end with profitable money when they decide to stop investment or trading on the market.

In this perspective, bitcoin as a tool for investment or trading, can bring happiness or disappointments to different types of traders or investors.
  • If you are a wise investor/ trader, you are happy with it. Bitcoin makes your life better.
  • If you are a bad investor/ trader, you are killed by your emotional, arbitrary trades or investments. Bitcoin makes you feel worse
  • Reminder: Bitcoin does not directly decide your prosperity or poor. You and your decisions decide it
The rich get richer and happier. The poor get poorer and more disappointed. The same goes in bitcoin market but it is not a support or fault from bitcoin when one person is rich or poor.
https://www.pewresearch.org/social-trends/2020/01/09/trends-in-income-and-wealth-inequality/
legendary
Activity: 3094
Merit: 1069
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Bitcoin is a financial revolution in favor of Privacy and ownership. That certainly makes it easier for every person.
It might not be the ultimate answer, but it surely is the pioneer that raised the question about the financial system that we are used to which itself is established as a service industry and we are paying a lot more just to be a part of it. This attack on centralized finance industry would resonate towards every centralized power holdings. All of this would make individual person more powerful.
mk4
legendary
Activity: 2870
Merit: 3873
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What are you even talking about? Bitcoin is just a tool people can take advantage of to transact with or to hold wealth with. Bitcoin can help people be more financially responsible and save more money, but at the same time bitcoin could be used to buy addictive drugs that could potentially destroy a person's life. How 'good' or 'bad' it would affect a person's life totally depends on the person using it.
jr. member
Activity: 43
Merit: 1
If you look thoroughly, then BITCOIN is just money, but like money, can it improve the world around, and humanity as a whole !?
I don’t think “good” and “BITCOIN” are the same thing, most likely the opposite.
Because of money, a person becomes weaker, he does not need to do something, to develop, because money will do it for him.
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