Topic: Fix the money, Fix the world. - page 4. (Read 1627 times)

A while ago the world decided that capitalism was the best of the worst options available, there are ways to improve on it by finding effective ways to regulate it, beyond that many different things have been tried over the years. Socialism and communism sound great on paper but they go against the grain of human nature, which exists to compete in many things. The evidence is in the failure, repeatedly, of other systems given enough time - capitalism allows dynamism and flexibility to heal itself because of it's decentralised nature.

It is the duty of the government of every country to spend money on all the citizens of its country who have great talent but no money. By helping them financially, on the one hand, it will improve the life of its citizens, and on the other hand, it will increase the respect of its country and the people of all countries towards it, in various ways.  Institutions should be built so that the poverty rate of the citizens of the country is reduced so that they can lead a normal life.



In his behavior, the governments of all countries and seeing such actions will be willing to do the same or do something much better than him so that he is respected by every citizen of his country, some examples of his actions



For example:

1 Building schools and colleges in every part of his country and providing free education.

2 Helping the poor of his country financially. 


3 Donating more to orphanages in his country.



If these activities are done, there will be no difference between the poor and the poor and they will all be able to live a wonderful life.

That is true for all systems.
Its easier for bureaucrats to deal with a few (affluent) than with masses of mostly uneducated people asking for minor credits

Systems ensure that the affluent get richer. Bitcoin is the wildcard they didn't expect. Not everyone should become a millionaire or change the financial landscape overnight. It's leverage, which tilts the scale toward calculated risk-takers, even by a fraction

Bitcoin's valuation roller coaster isn't the solution to social inequality. You risk dismissing it because it allows sheep to wear wolf's clothing, even for a day. Swimming in the same water and finding your current is more important than matching the whales

Invest your money and curiosity. Use Bitcoin to your advantage by understanding it. The discrepancy won't disappear, but your financial story can change. Every successful investor started with one cent. What stops you from being the next transformation story? Focus on your growth and let the chips fall where they may. Who knows what equipment we can power if enough'minor gears' move in the proper direction?

Bitcoin or other decentralized cryptocurrency is not a universal solution to all problems in the field of finance. Money is only a tool, a symbol that gives rich people the right to dispose of their property. Changing this instrument will not bring equality. If it is unprofitable for rich people to use Bitcoin, they will not use it and the wealth will still remain with them.
The division between rich and poor will not disappear even if Bitcoin is adopted throughout the world and by every state. Miraculously, those who in the first years of Bitcoin had the opportunity to get it either for free or at a very low price were able to get rich. In the future, poor people will no longer be able to access it. Again, only rich people will have this opportunity.

Yes, Bitcoin isn't going to fix any financial disparities in the world. Rich will remain rich, governments will remain influent, banks will remain on the top making big money over the majority of population which is composed by sheep who don't even have slight interest in Bitcoin or another means of investments to thrive financially.

However, Bitcoin gives the opportunity for a minority who is open minded and aware about how the world works for real to improve their financial standards a little bit. It's true we will never have the same potential of profit big investors have, due to our funds being scarcer, but considering Bitcoin has been growing massively along the years, even minor investments are enough to put us in a more comfortable position on long run. We will never reach on the same level of whales, but I think we should be thankful already for being able to reach a middle class or high middle class status already, if we keep focused in growing our investments and making the profit grow even more once we achieve it.

Bitcoin is not going to fix the world, but it can fix the lives of the people who believed it and took their time and money to invest in the digital currency. Actually, if everyone was concerned about fixing their own lives, the world would be fixed as consequence, because if every minor gears of the system are fixed, there wouldn't be any problems with the system anymore! That is just utopian, though.

The gap is indeed difficult to be eliminated and it is already the nature of humans until this world ends. The life cycle will continue to spin while proceeding and of course a person's fate does not always apply absolute. BTC or crypto currency is part of a solution from the world's finances separated from the official currency of a country, of course the solution of it also has not been able to touch everyone because to get it must use fiat money first, unless there is another alternative by mine or mining or mining Following the prize forum and airdrop. So the point is that all financial platforms must be targeted to be collected. Fiat and crypto money both have a significant value in living life.

According to me the difference and inequality between rich and poor can never be controlled. We are thinking that through BTC this inequality can be reduced or controlled but the problem is that money has to be used to buy BTC as well. That means people with more money will be able to buy more BTC and people with less money will be able to buy less BTC. Again, there are many people who are not interested in investing in BTC and prefer fiat currency savings or investing in fiat currency. Many people who invest in BTC will withdraw their investment from BTC when the value of BTC is too high.

If you are not prepared your riches will just dribble away.
How many people have won a lottery only to be in a similar spot than before?

Your point here is very important because if all rich and poor people of the world or all traders use Bitcoin, then Bitcoin will help to eliminate the differences between people. But mostly those who are doing big business or managing an organization. In their case, they may not make a full investment in Bitcoin at some point but some people have. Those who are very smart tend to store bitcoins as well as some other currency, which serves as a reserve for them later.

Of course I agree with you that if we can hold Bitcoin then surely we can get along with everyone equally. If you hold Bitcoin there will be no difference between rich and poor because Bitcoin is not a currency controlled by any country's government. If Bitcoin was a currency controlled by a country's government, we would probably be of no use. As a result, the difference between our rich and poor will remain. I always think it is better to use Bitcoin than to use the local currency of a country because using Bitcoin will definitely give you a lot of returns which we have seen in the past few years. We saw when the price of bitcoin in 2022 was between $15000 and $17000 those who sold today have a lot of returns so no matter what you invest in bitcoin you will achieve success if you have money you will become the honor of a country.

In my opinion, life is inherently unfair, and wealth disparity will likely persist even with widespread cryptocurrency adoption, including Bitcoin. I believe the situation could even become more volatile with Bitcoin, as it allows for potentially limitless purchases with less government oversight compared to traditional financial systems. However, for individuals neither wealthy nor impoverished, cryptocurrency's high volatility presents a potential opportunity for high returns, albeit accompanied by significant risk.

It is true that poor will remain unable to invest in bitcoin but if they use their mind and save little by little then they can invest after some period in bitcoin. Nothing in this universe is impossible if a person work for it and increase the courage by himself.

Those who already have lots of money will easily invest in bitcoin but as compared to wealthy individuals poor people have more need to make investment. Some people have money but they are not wanting to invest it in bitcoin because of fear of losing of that little amount.

Everyone has his own opinion but I think if one work hard and manage expenses then there is nothing hard for him to save some amount for investment but this time is not suitable for poor people to make investment as the price is already very higher.

That's a bit unlikely to happen in reality; yes, it's true that Bitcoin will help, but not to the point you say. Then one of the others says that bitcoin is not a currency, but most communities here believe that it is a currency because it can be converted into real money, meaning bitcoin is real money because it has value and can be exchanged for fiat in any country we are in.

We know that Bitcoin helps individuals and often with financial problems. In such a scenario, Bitcoin always has help from those who believe in BTC.

It's sad that the poor let themselves be oppressed, and nice that bitcoin, as an alternative, has given the poor a chance to become rich. But mind you, no one is working towards balance and a world where there are no rich people... kinds of Stuff like that are a mere illusion and go against the way things work. Even as there's an opportunity for the poor to earn through a fixed monetary system, there will always be poor people. We just have to pray and work hard toward the goal of not being among that category.

It doesn't seem to be able to solve bitcoin. Because BTC is universal currency. Everyone can invest in it. But poor people will lag behind because they have less money. Because investing in BTC requires a lot of money. But if someone wants to invest even a little.  Can do. But those who own a lot of money are now almost all inclined to invest in BTC. They are investing their huge money in BTC.  Institutions looking to invest in BTC.  It is natural that the poor will lag behind.

Although many classes have been divided in society due to social status through the level of assets and the amount of wealth owned by each person. The presence of Bitcoin into society has changed this paradigm a lot because almost everyone who has money can buy Bitcoin to make a profit through their investment so they can reach a level or class that is equivalent to rich people. This means that Bitcoin is indeed able to provide this opportunity for everyone so that the class differences you mean are increasingly invisible at this time except only for people who are world famous.

The theory that a state could be classless stems from marxism and the idea or concept of being equal and wealth being equally distributed stems from communism. But these concepts will not be carried out by bitcoin.

In fact it is quite the opposite. Yes, bitcoin gives chance to the poor or the working class to own assets and get profits from them but through this I think the more the classes are being divided. Those who hold bitcoin are thinking “how much more does he have?” “Can I afford to buy more?” “How can I afford to buy more?” Those kind of questions come in when you’ve invested in bitcoin and that is not the overthrowing of the rich but rather the need to join them.

It's practically going to be difficult to change the mentality/mindset that some people have already stored in their heads concerning poorly classed people...But why does he even think that there's a string of inequality amongst bitcoin users and non-users.Bitcoin cannot balance the prejudice that existing between the rich and poor,there are several ways to do that I think,but not with bitcoin's impact
 The income gap between the rich and poor is constantly persisting and poor people cannot be continuously victimized.Since bitcoin is here,then whoever needs a lift and financial freedom should simply acquaint themselves to the bitcoin systems.
 Its just so unsatisfying that poor people will always have to start all over and over again to ensure a comfortable living zone for themselves.

It's very unlikely governments will allow Bitcoin to become's the world's next reserve currency. While it holds promise to make money better by eliminating the middleman, it won't solve the gap between poor and rich people. Market prices are irrelevant here, especially when people can just buy fractions of a BTC (satoshis) without "breaking the bank". The problem would be getting poor people to use Bitcoin as they lack Internet access, or even a device (phone, tablet, or PC) that would connect them to the Blockchain.

I don't see the world getting better when Fiat currencies are the dominant force of the economy. At least, we have a choice. As long as Bitcoin remains decentralized, there should be nothing to worry about. Just my thoughts