Enough with BITCOIN SAVE us or the economy - page 2.

Akiko

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Quote from: AniviaBtc on September 28, 2020, 02:08:36 AM

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.

AniviaBtc

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Quote from: Findingnemo on September 17, 2020, 05:10:49 PM

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.

maxreish

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Sometimes, there post actually doesn't makes sense. Just always correlates it with bitcoin without really thinking the main point and main reason to boost the economy. Bitcoin is not also the answer for pandemic problems, down economy, etc. But seems they are just being optimistc that they always put bitcoin's name in any issues.

Like believing that bitcoin can push through the easy access for the financial services for economic growth. If so, we will grip on that part but why the slow progress and why the economy is still struggling?

hatshepsut93

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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.

panganib999

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There comes into thinking that people are being over dependent or too much reliant on Bitcoin that every aspect happening in the world is being linked or forcely being related on how Bitcoin can be used or what can Bitcoin do on that specific issue or scenario. People nowadays are somewhat treating Bitcoin to be like a life savior that Bitcoin can do anything and everything which is not that possible for it is not a magical or powerful tool that it can resolve such issues in different aspect. People are asking and expecting more than enough on into what extent can Bitcoin become useful and once they see that it cannot do anything about such is they will start degrading or start saying stuffs against Bitcoin. There is no such single thing invented nor present in this world that can solve anything so better lower your expectations to avoid disappointment.

AicecreaME

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Quote from: worldofcoins on September 22, 2020, 12:31:59 AM

I am wondering how bitcoin can affect our economy? plus how they can save us?

Actually not everybody involves bitcoin or any cryptocurrency and there's nothing with the economy.
All we can do with bitcoin is save them for the future purpose. We can save the economy only if we become together.

Bitcoin saving us wouldn't be literally like superheroes saves people in the movie. Bitcoin saving us will be seen only by those who knows how to appreciate it and know that it is trust worthy than banks. A lot of people only believes in something if there's s good thing happening, but once a rumor starts, they will start to crumble on their own and forget Bitcoin.

So the question should be, How Bitcoin will save us if we don't believe it could save us? but before anything else, saving ourselves should begin on us in the first place.

jaysabi

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Quote from: SquallLeonhart on September 20, 2020, 04:07:23 PM

To be perfectly honest with you, we need a world where there is no money, there is no nothing that could be used as money and we should all live a life where everyone is getting stuff for free and just working because it is something they want to do and not something we need to do. You think there is absolutely no way to remove human life from work life?

You could basically make everything you need with machines nowadays that is required for a human to sustain, from food and crops to cattle, from housing (there are literally machines 3d printing a whole house nowadays) to driving, there is literally nothing that requires human life in bare human needs, obviously if you want facebook you need people but usually we could live in a world where bare human needs met by robots for free.

I think you're overstating how much can be done with automation. We're not anywhere near being able to produce everything we currently need automatically without human involvement. You're also completely ignoring the fact that the rich who own the means of production would absolutely not relinquish control over what they own. When automation is employed to save on costs, those profits pool to the billionaire class and their wealth is where their political power comes from. 0% chance they give that up.

South Park

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Quote from: Wexnident on September 22, 2020, 08:46:03 PM

Truly enough, just like how people blame Bitcoin for the doings of bad people such as scammers and money launderers, asking Bitcoin to save people from every frigging crisis possible on Earth is damn right stupid. Bitcoin is simply a medium, and the most that it could help in case the economy goes bad is to save the value of your money so that recessions wouldn't affect it badly, therefore avoiding a crisis. Other than that? Well, you can use it to buy food or something, but hell, that's its purpose anyway ain't it? As a currency.

The economy is mainly managed by how the Government manages the market, mainly in terms of employment and the like, while also presenting demand and supply for local products, which boost our local economy. I don't really see any Bitcoin in there, nor would it actually serve any purpose even if it was added into the mix, other than as a medium used to trade.

Those people that are asking too much of bitcoin do not really understand what it is and most likely do not understand the economy at all, it is true that in the case of a crisis bitcoin could become a store of value and help you get through difficult times but that is because bitcoin is a great currency and it was designed that way, but for some reason people mistake this characteristic of bitcoin as somehow bitcoin able to save the economy when if we are honest there is no way you save the economy at all and at some point in the future it will crash.

oHnK

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Quote from: Peanutswar on September 22, 2020, 10:16:24 PM

They are becomes dependent to the bitcoin. They are too much distracted with the use of the bitcoin. Mostly I saw this kind of thread to the newbies who just a first earner of the bitcoin, they think if they will continue this kind of business they will become an instant millionaire, even this could possible happen but still there is a risk and not a 100% you will get an income with this coin.

BITCOIN SAVE is a looks like a cult today and giving a mislead information to the other people.

Many beginners think that bitcoin can save their economy even though investing in bitcoin is not as easy as they think. Bitcoin requires even more knowledge and experience to benefit from it. Unlike stocks that can be studied fundamentals. Unlike other investments, a business feasibility study can be calculated. Bitcoin requires a bigger sacrifice to make a big profit too.

Peanutswar

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Today bitcoin is one of the very popular in investment and you could possible use. Many people think if they will use the bitcoin it will changes a lot of them,

1. Their life.
2. Their status.
3. The whole government.
4. The whole world.

They are becomes dependent to the bitcoin. They are too much distracted with the use of the bitcoin. Mostly I saw this kind of thread to the newbies who just a first earner of the bitcoin, they think if they will continue this kind of business they will become an instant millionaire, even this could possible happen but still there is a risk and not a 100% you will get an income with this coin.

BITCOIN SAVE is a looks like a cult today and giving a mislead information to the other people.

Wexnident

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Truly enough, just like how people blame Bitcoin for the doings of bad people such as scammers and money launderers, asking Bitcoin to save people from every frigging crisis possible on Earth is damn right stupid. Bitcoin is simply a medium, and the most that it could help in case the economy goes bad is to save the value of your money so that recessions wouldn't affect it badly, therefore avoiding a crisis. Other than that? Well, you can use it to buy food or something, but hell, that's its purpose anyway ain't it? As a currency.

The economy is mainly managed by how the Government manages the market, mainly in terms of employment and the like, while also presenting demand and supply for local products, which boost our local economy. I don't really see any Bitcoin in there, nor would it actually serve any purpose even if it was added into the mix, other than as a medium used to trade.

Kasabus

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Quote from: worldofcoins on September 22, 2020, 12:31:59 AM

I am wondering how bitcoin can affect our economy? plus how they can save us?

Actually not everybody involves bitcoin or any cryptocurrency and there's nothing with the economy.
All we can do with bitcoin is save them for the future purpose. We can save the economy only if we become together.

The only way to save our economy is our own government and the citizens on it and bitcoin has nothing to do with it since it is only a tool as a virtual currency. And seeing the fact that not everyone is into bitcoin because others are still non users of it so bitcoin won't definitely save the economy. We are the only hope of our economy and not bitcoin who only serves as a virtual currency and as an alternative payment method aside from fiat.

South Park

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Quote from: Reid on September 18, 2020, 07:26:28 AM

Where do we read those kind of claims?
Do you have links to it?
I haven't seen those words even in social media, or maybe I am just following the wrong personalities. Grin

It's not Jesus or even a hero. It doesn't save everyone, anyone or anything.
It is a currency though which might help at a certain point of time. I don't think that is now.

It is all over the place especially in the forum, the truth is that many people simply do not understand that bitcoin is just another form of money, without a doubt it is superior to fiat and it cannot be used to steal from the citizens by printing more of it like governments do and you are free to use it as you want but that is basically it, after that it is up to each person to fix their own problems and bitcoin is unlikely to be of much help for those people that do not understand its true nature.

worldofcoins

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I am wondering how bitcoin can affect our economy? plus how they can save us?

Actually not everybody involves bitcoin or any cryptocurrency and there's nothing with the economy.
All we can do with bitcoin is save them for the future purpose. We can save the economy only if we become together.

Dorodha

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Bitcoin is extremely popular within the crypto market and not only the economy but also poor unemployment helps to unravel all the issues. consistent with mainstream economics money reduces this problem a table could also be needed rather than those self same Baker shoes. generally transactions can happen much faster because sellers can do easy business with them to seek out the customer with whom they need to try to to business.

arwin100

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Quote from: Inkdatar on September 21, 2020, 07:12:16 AM

Quote from: naikturun on September 20, 2020, 12:03:44 PM

In essence, bitcoin is used as a means of payment and supports the economy because the price is fluctuating so that it can be used for investment, the problem is that the price is very volatile which makes people afraid because it can make your money decrease in a short time. and what will happen if everyone knows / uses bitcoin and the total supply has been used up in mining, will the price going stable or more volatile than now Roll Eyes

The problem is people have lack of knowledge to what bitcoin can really offer. They should know and understand that price is very volatile though it can save someones life. I believe it can save us in a way we can use bitcoin as means of payment and indeed supports economy in the sense of good opportunity and benefits can give to the users.

The market volatility is what indeed a cause a major upset to the interest of the people although bitcoin could really change lives still people need to understand first the risk on it since if they will just rely on tradings or by investing on some platforms then for sure they cannot earn a richest here. Maybe they should try to offer some valuable technical services since blockchain works or any web related jobs which been payed with bitcoins can give them a good fortune in this industry.

Inkdatar

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Quote from: naikturun on September 20, 2020, 12:03:44 PM

In essence, bitcoin is used as a means of payment and supports the economy because the price is fluctuating so that it can be used for investment, the problem is that the price is very volatile which makes people afraid because it can make your money decrease in a short time. and what will happen if everyone knows / uses bitcoin and the total supply has been used up in mining, will the price going stable or more volatile than now Roll Eyes

The problem is people have lack of knowledge to what bitcoin can really offer. They should know and understand that price is very volatile though it can save someones life. I believe it can save us in a way we can use bitcoin as means of payment and indeed supports economy in the sense of good opportunity and benefits can give to the users.

maydna

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Quote from: bocyaj on September 20, 2020, 11:31:54 PM

All the time,bitcoin can't save us.But some how what you said is true.Pandemic make many unemployment and some were secured with the crypto related jobs and it give them a earning and money for their basic needs.In some country with democratic rule suffered with the corrupted politicians,bitcoin give some money as earning to them and make them alive.

Hm, I think that is not all right because bitcoin can save us by buying and selling bitcoin at exchanges, and if we make a profit, we can send the profit to our bank accounts. That means we can have money in our bank account, and we can withdraw that money to buy our daily needs. The function of bitcoin will be like that temporary because to use bitcoin for other things, we need to have approval from the government, and that is not easy to convince them. So we need to be patient until that time comes to bitcoin.

lienfaye

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Well bitcoin cant really save the economy its just a currency that can can give opportunity and convenience to whoever use it.

However bitcoin is a big help to those seeking for an alternative source of income. Its not just a digital currency, and I think some users engage themselves not only because its a currency that can be use online.

We know the nature of btc which is high volatile makes people buy btc because it can be a profitable investment if did right.

bocyaj

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Quote from: BIT-BENDER on September 17, 2020, 03:09:59 PM

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

+ Pandemic hits the world and next -can BITCOIN save us-
+ New government are elected and next -can BITCOIN save us-
+ Government set up new policies -can BITCOIN save us-
+ Countries disagrees in trade next -can BITCOIN save us-
+ Currencies falls/on-line shopping company's changes- bank and online transaction gives out a news and next -can BITCOIN save us-

This doesn't mean/show I don't love/use bitcoin, on the contrary I do, but BITCOIN is not a failure if it can't save an economy/countries or people
We have government, we still remain citizens of our county or countries in terms of multiple citizenship, our government that we voted still should lay/create policies to make economy productive.

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.

All the time,bitcoin can't save us.But some how what you said is true.Pandemic make many unemployment and some were secured with the crypto related jobs and it give them a earning and money for their basic needs.In some country with democratic rule suffered with the corrupted politicians,bitcoin give some money as earning to them and make them alive.

Topic: Enough with BITCOIN SAVE us or the economy - page 2. (Read 841 times)