Topic: Enough with BITCOIN SAVE us or the economy (Read 914 times)
Bitcoin was never created to be magic to save the economy as a whole. Bitcoin can gove an individual to earn individually but bitcoin investment or any other crypto opportunity doesn't guarantee profit nor financial stability. Cryptocurrency is decentralized and it is volatile. It is not meant to be an investment tool as to how a lot of us view it, it was created as an alternative for cash to bring convenience to people and financial freedom, not to aid the economy during the crisis.
Is there an event/situation/tragedy/or something that occurred gone by without calling up bitcoin into it Bitcoin is now the focal point of revival to a bad period/situation
Bitcoin is a focal point for easy peer to peer transaction, and to can serve differently to different people, if BITCOIN doesn't save an economy during a pandemic, economic crash won't make BITCOIN a failure.
In this pandemic people became worse than they where some where better than they were, they might have not used BITCOIN,
Using/knowing BITCOIN is not a seal/sign to economic/ financial freedom significant work should come in.
Yes I understand this but letting people trade bitcoin freely will make the economy more shaky. You know, there are still a lot of underground mafia organizations out there and if they let them trade bitcoin freely, I fear money laundering will get worse.Bitcoin is a focal point for easy peer to peer transaction, and to can serve differently to different people, if BITCOIN doesn't save an economy during a pandemic, economic crash won't make BITCOIN a failure.
In this pandemic people became worse than they where some where better than they were, they might have not used BITCOIN,
Using/knowing BITCOIN is not a seal/sign to economic/ financial freedom significant work should come in.
I am not against the use of Bitcoin in payments but the government needs to have a backup plan for the rampant money laundering. otherwise it would be even worse than the current situation.
I am not sure about Bitcoin saving the economy or doing some kind of magic to make the economy better.
But, I think as an individual Bitcoin can be helpful to you during a time of crisis. I have heard of the story of Greece going into crisis and how their government closed banks for one week and people were scared that they will lose their money.
So, it’s things like this that I think people should be talking about. During times like that, if there should be anything as such like the government closing banks, if you have money that you have stored in Bitcoin you wouldn’t worry that much. The thing is, there are risks in everything.
But, I think as an individual Bitcoin can be helpful to you during a time of crisis. I have heard of the story of Greece going into crisis and how their government closed banks for one week and people were scared that they will lose their money.
So, it’s things like this that I think people should be talking about. During times like that, if there should be anything as such like the government closing banks, if you have money that you have stored in Bitcoin you wouldn’t worry that much. The thing is, there are risks in everything.
I don't view people trying to get rich through buying bitcoin any differently than people trying to get rich from winning the lottery. The lambo dreams and mooning thing is a meme but not exactly realistic. The time of making life-changing money is passed. But people are still chasing it the same way people chase winning the lottery.
This is one of the most common mistakes that people make when investing in any market, they think that if they just invest in the right asset at the right time then they will become rich, as you say they are treating the markets as they will treat the lottery in which the only thing you need to do to earn a fortune is to select the right numbers and make money that way, the truth is that bitcoin can give profits but only to those that are committed to it and understand the technology and realize this is the future of financial transactions all over the world. 
Bitcoin is the legal platform in many country with huge of transaction in economy.It helping the government and private sector in many of the country.Many people get into the crypto field and crypto became a one of the business now.And mean while,it helping the transaction the economy too.Government getting money as a tax for the crypto trading.
Bitcoin may not be able to save the economy but we really hope that it wouldn't be part of the economy, or at least not the way fiat is part of it. Right now we are talking about a world where fiat is controlled by the powerful and they make it bend to their power as well, which hurts the regular small person who gets a salary, what we do not however realize is that bitcoin could change that, if we all get paid in bitcoin they can't control bitcoin and they can't make it bend over for their pleasure.
This is why bitcoin may not be able to save economy, but it could be used towards making the rich and the poor have the same power and that is all we ask for, if we could have that you can be sure that economy wouldn't be this horrible, maybe macro would be bad but personally it would be awesome.
This is why bitcoin may not be able to save economy, but it could be used towards making the rich and the poor have the same power and that is all we ask for, if we could have that you can be sure that economy wouldn't be this horrible, maybe macro would be bad but personally it would be awesome.
Many people are worshipping bitcoin like a god and they are believing on it no matter what happens.
Bitcoin is not perfect, in reality, it is still under development and it has a lot of areas to improve more to become a certified recognized currency in our society.
It is only effective when you are full time investing to it, if you know how to deal with the market, you are speculating well, making predictions and observing market conditions properly. Bitcoin is not for everyone, but it is for those who believe and hoping for its success. We can't deny that bitcoin has the potential to change someone's life.
Many people just hoping that owning bitcoin can help them to became rich someday for just simply holding it for long time.which in reality no one knows can give exact prediction on what will going to happen in the next more years there is also possibility that opposite thing will happen.
Hoping is not bad but being dependent on your beliefs is I think will be a big problem don't focus only in bitcoin there are also other opportunities that also waiting for the right time to develop.
I don't view people trying to get rich through buying bitcoin any differently than people trying to get rich from winning the lottery. The lambo dreams and mooning thing is a meme but not exactly realistic. The time of making life-changing money is passed. But people are still chasing it the same way people chase winning the lottery.
This idea that Bitcoin can fix some major problems usually comes from crypto news sites who need to spew clickbait articles constantly, or from Bitcoin enthusiasts on twitter or other platforms, who don't actually do any research to back their claims, and just project their own feelings. It's always better to be a realist and be skeptical towards any big claims, especially if they are not backed by anything. There a saying "extraordinary claims require extraordinary proof", so always ask for proof.
Simple as that, bitcoin is a great technology and most likely it will change the way we understand money and monetary transactions all over the world but even that is not enough to solve all the problems of the world, those that are promoting those kind of views are dishonest people trying to either get publicity for themselves or they are trying to make newbies to invest their money with them and try to take advantage of their ignorance, but regardless of what they want they are spreading misinformation and we must counter it by spreading the right information even if that is not what the newbies want to hear. ...If the person who owns Bitcoin doesn't understand Bitcoin, then it is certain that Bitcoin will not provide any benefits.
Here it is necessary to increase education to many people about Bitcoin, so people will understand how to make money from Bitcoin,
that way Bitcoin can help the economy.
Here it is necessary to increase education to many people about Bitcoin, so people will understand how to make money from Bitcoin,
that way Bitcoin can help the economy.
I do understand that people could earn profits from the movements of bitcoin and other cryptocurrencies too but I don' think that would be enough to change or help the economy. We need to consider first the users of it in a country, here in ours I am certain it is not that much. Though let's say that we have a lot of them using bitcoin, I don't think that would change that whole scenario since most of them would just be holding it for a great price spike where they either sell it or trade it.
I think it's too much to mention Bitcoin to be a savior in today's situation, because Bitcoin is only a digital currency that depends
on us who use it. If the person who owns Bitcoin doesn't understand Bitcoin, then it is certain that Bitcoin will not provide any benefits.
Here it is necessary to increase education to many people about Bitcoin, so people will understand how to make money from Bitcoin,
that way Bitcoin can help the economy.
on us who use it. If the person who owns Bitcoin doesn't understand Bitcoin, then it is certain that Bitcoin will not provide any benefits.
Here it is necessary to increase education to many people about Bitcoin, so people will understand how to make money from Bitcoin,
that way Bitcoin can help the economy.
Guys Bitcoin is a just a tool in the end, but truly a powerful one. One cannot rely on Bitcoin to become rich, to change his/her own life and so on: there's much more to it. If I could give a little advice study bitcoin deeply: you might find a bitcoin job one day and work in one of the most exciting market in the world. And then, maybe, you could help the world understand the true potential of the BTC protocol.
Like the internet will not save us all the same goes for bitcoin: try to grasp its basics and make the best out of it. You might gain something which is priceless: freedom
Like the internet will not save us all the same goes for bitcoin: try to grasp its basics and make the best out of it. You might gain something which is priceless: freedom
Quote
Using/knowing BITCOIN is not a seal/sign to economic/ financial freedom significant work should come in.
this sound simillar to a qoute . and the qoute goes like this " god has the mercy but people has the hard work " the qoute try to emphasize that people should not depend all to god . people should not also depend to bitcoin but they must do hardwork toobitcoin helps us against the government related stuffs like example the fiat is based on government , regulations did by governments and so on . btc is non government based or there is a freedom when we use it . bitcoin helps most especially when it comes to online shopping but bitcoin has nothing to do with the pandemic or economic crisis
Bitcoin is not usually able to save everyone investing is very profitable and easy to make a profit. without proper investment it will be very difficult to save and will not help the economy to improve. Bitcoin investment helps a country's economy to improve a lot but bitcoin has to be supported by the government of that country and buy and sell depending on the market demand.
Indeed. Bitcoin won't save everyone or the economy by just investing your money with bitcoin because not everyone can buy bitcoin and use it for their daily lives. Bitcoin is good for the economy because it can save our financial system from collapsing that it already happened during this pandemic where all stocks and banking systems are struggling. Bitcoin already shows it is more stable and growing, but we need a proper investment to earn a profit.
Bitcoin is not usually able to save everyone investing is very profitable and easy to make a profit. without proper investment it will be very difficult to save and will not help the economy to improve. Bitcoin investment helps a country's economy to improve a lot but bitcoin has to be supported by the government of that country and buy and sell depending on the market demand.
People forget that bitcoin is just another form of currency but owned by none that is the real reason why people are expecting more from it.Bitcoin is not going to save anyone but one who understand the speculation and market condition then they can use to it to save themselves like what happened in the March 2020 when people sold mot of the cryptos but the real minds bought because they know this is the right time.
Many people are worshipping bitcoin like a god and they are believing on it no matter what happens.
Bitcoin is not perfect, in reality, it is still under development and it has a lot of areas to improve more to become a certified recognized currency in our society.
It is only effective when you are full time investing to it, if you know how to deal with the market, you are speculating well, making predictions and observing market conditions properly. Bitcoin is not for everyone, but it is for those who believe and hoping for its success. We can't deny that bitcoin has the potential to change someone's life.
It may not be perfect but the difference between bitcoin and other coins is that we are talking about something decentralized and even with that only we have something much better than any other currency. We are sick of all the governmental situations in the crypto world, Turkish lira is breaking ATH after ATH on bitcoin for the past weeks, have you seen that?
The son in law of the president is the economy minister, we are done with this type of ruling all around the world, Trump takes his daughter to every single important meeting and makes her talk about important stuff as a bag designer by trade... just because she is the daughter of USA president, same with Jared Kushner dealing with many other stuff in government. We are talking about bitcoin like it is a god because it can't be tempered with like that.
The son in law of the president is the economy minister, we are done with this type of ruling all around the world, Trump takes his daughter to every single important meeting and makes her talk about important stuff as a bag designer by trade... just because she is the daughter of USA president, same with Jared Kushner dealing with many other stuff in government. We are talking about bitcoin like it is a god because it can't be tempered with like that.
Many people just hoping that owning bitcoin can help them to became rich someday for just simply holding it for long time.which in reality no one knows can give exact prediction on what will going to happen in the next more years there is also possibility that opposite thing will happen.
the problem is that they have misunderstood what bitcoin is going to save them from. they think it is here to save them from poverty by giving them fiat profit but the reality is that bitcoin is designed to save them from corrupted centralized monetary system that is controlled by the banking cartel and has driven the economy to the ground a couple of times already.
We have been discussing this over and over here on BTT and everywhere. I am no longer worried about those who simply don't get what bitcoin is about. And actually I don't care anyway as I have spent so many hours to study the bitcoin protocol. And, jeez, I loved it!
Quote from: satoshi
“If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.
https://bitcointalksearch.org/topic/m.6306BTCBTCBTC
Many people just hoping that owning bitcoin can help them to became rich someday for just simply holding it for long time.which in reality no one knows can give exact prediction on what will going to happen in the next more years there is also possibility that opposite thing will happen.
the problem is that they have misunderstood what bitcoin is going to save them from. they think it is here to save them from poverty by giving them fiat profit but the reality is that bitcoin is designed to save them from corrupted centralized monetary system that is controlled by the banking cartel and has driven the economy to the ground a couple of times already.
They are just miss understood why this bitcoin created and the purpose of developer creating this digital money. They only think they can easily earn money from it because of many people earn from bitcoin price increase from the fast years and many became rich from it .the other reason is the person who share this misinformation to other people without deep understanding how it works.
Bitcoin is a decentralized anywhere in the world.
Bitcoin can only contribut or asist the country or government economy to suvive in the procces and to improve their economy to develop the life of the citizens. I think bitcoin cannot stop a country economy not to collapes because is a decentralized to any countries in the world .
During the pandemic bitcoin did not save us than it asist us, we the users to substain at home because is not centralized, it can pump and dump at any time without any governement parmission
Enough economy can save the full country not to collapes because is a centralized, government can decide to tax every investors just to save people in the enviroment.
Bitcoin can only contribut or asist the country or government economy to suvive in the procces and to improve their economy to develop the life of the citizens. I think bitcoin cannot stop a country economy not to collapes because is a decentralized to any countries in the world .
During the pandemic bitcoin did not save us than it asist us, we the users to substain at home because is not centralized, it can pump and dump at any time without any governement parmission
Enough economy can save the full country not to collapes because is a centralized, government can decide to tax every investors just to save people in the enviroment.
Many people just hoping that owning bitcoin can help them to became rich someday for just simply holding it for long time.which in reality no one knows can give exact prediction on what will going to happen in the next more years there is also possibility that opposite thing will happen.
the problem is that they have misunderstood what bitcoin is going to save them from. they think it is here to save them from poverty by giving them fiat profit but the reality is that bitcoin is designed to save them from corrupted centralized monetary system that is controlled by the banking cartel and has driven the economy to the ground a couple of times already.
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