Topic: Has the world become greedier since BTC? - page 6. (Read 1047 times)

In the past, its been all about the rich seeing and utilising the opportunities that exists in our world. Not like much have changed about that fact today but certainly there is a difference though, only the smart once seems to see the potential in what bitcoin holds. Governments denying its awesomeness only delays the time it would take to reach its full potent and as such, creates room for more awareness and time for the poor masses to get on board with the rich, invest and reap the fruit from there investments (ROI).
So, its not about the world being greedy but about people exploiting from the opportunities available while its still young and viable.

I disagree with you.
1) When BTC was created people barely support it and only genuine enthusiasts support it then
2) Humans are greedy naturally but it all depends on how each individual has control over his greed.

But people focus more on cryptocurrency ever since the government fails to create a better solution to an economic meltdown which is also the reason why Satoshi create Bitcoin. However, people still don't focus much on crypto until the pandemic unleashes the potential of Bitcoin to the world.

Ever since the ancient times, greed was already present as one of the behaviors that people do possess that making them do things to be able to acquire not just enough but more than of what they truly need making other people to get left behind. With the existence of Bitcoin, we cannot just say that people gets even greedy because the idea of being greedy have already been intensified with the existence og money and wealth that everyone wanted to attain such life and position. Bitcoin has nothing to do with that because greed is in nature of the people.

If you think that cryptocurrency is a promising alternative i am also not against that as there are many things that can be achieved by the cryptocurrency market place but to come out with innovative business ideas you need to be skillful enough to generate the income you are looking forward and we are living in a time when you can start a global business if you have an internet connection and even if you are not in the cryptocurrency market you can successfully start any business.

Investing in cryptocurrency can't be classified as greed. I think this school of thought is self centered. Would you love to see people come to you when ever the have issues to be solved. I encourage as many who would like to invest to acquire as much coin as their fiat contain

It’s not something that has to do with bitcoin. As usual , greedy people will always be attracted to things like this, but saying it’s something that has to do with bitcoin is where you’re getting it wrong, because the world has been greedy from the start, people are hardly satisfied and they are doing anything to get money.

There is no space that you will go to and you won’t find people who are greedy, and most of them do pay the consequences for being greedy, they end up losing more than what they are going to get and they regret at last. It is up to you to decide how you’re going to be living your own life, if you feel you’re being greedy, then learn to control yourself.

- You also don't need to put all the responsibility on bitcoin because if bitcoin does not fulfill this mission, another form of investment will do the same when the material needs of society are being raised while the annual salary is still low, an opportunity like bitcoin actually makes us greedier, plus spreading on the internet, the world is crazier for pouring their money into investing. Maybe in the investment process, there will be many tragedies, but many people also get many good things, such rare opportunities actually force us to be greedy to gain every bit of the benefits

Yes, I do agree that the world has become greedier place. To be honest, I've become greedier as I saw the Bitcoin and altcoins booming. On few occasions, I have lost sleep over making quick buck overnight and it was affecting my mental health. I have had thoughts that I should have accumulated, say BTC1000 in the past through faucets when the payouts in bitcoins were huge. But I can't change the past and now I have moved towards acceptance.

I have realized that the goal in life isn't to become richer and acquire huge wealth; rather it is to have the freedom in life to do what I love. Hope this concept helps a lot of people who are chasing money and materialistic things. Thank you.

If they are trying to get instant profit, they will not get that unless they are at the right time. Nonetheless, only people who can learn bitcoin and how to get bitcoin correctly will get what they want in the future. Everything that we want will have a process, and we should understand that time will answer it for us.

Greedy can be controlled, but that will need an effort to learn how to control the greedy.

It didn't become greedier, we as humans were greedy in the first place and bitcoin just showed what we really are. It is in our DNA that we protect what we possess and strive for more, not to mention that there is a pandemic to worry about and we become paranoid of our mortality and the depletion of resources.

You are totally right. Now that everyone involved in Cryptocurrency knows how quick some times you can make it from investing in it, people have become more hungry to make it and we have seen post where people ask "Am I late to the Party?" This is to let you know that people coming into crypto investment now thinks they are already late and they have to do everything necessary to make it as quickly as possible hence the greediness and we know how it is with money, humans always wants more.

Greedy is a human trait that has existed since time immemorial. And this trait of course cannot be eliminated, it can only be controlled.
Regarding Bitcoin which has an impact on increasing Greediness, maybe so. because some people will even do anything to get instant profit from Bitcoin. But of course, no process is instant. With hard work and also awareness of the meaning or meaning of Bitcoin will make us more aware of this positive effect of Bitcoin.

Taxes are as misunderstood as BITCOIN

"The power to tax, is the power to destroy"
 - some famous person long ago

The USA since 1911, has printed money as they wish, to finance wars, and anything they wish.

IRS & Taxes were designed to control people and fine tune society, much of 'taxes' say real-estate, or the stock-market capital-gains taxes are designed to steer where people invest.

This of course is more on the Federal level, as State&County's can't print their own money to infinity, the sales-tax, property, and business licenses to fund Schools, and Police, but more&more all is & will be federalized, most of the BLM movement is just to shutdown local cops and federalize into one USA policing system, education is the same one federal system ( shit education ) is the goal

The Greedy-Rich OWN, and Control our Federal-GOV, all politicians are paid whores beholden to our legacy rich, and most of these riches go back 100's of years.

The rich don't care about money, because they always had it, and always will. The  funny thing is the REAL rich aren't even mentioned in the media. Only the faux rich like Kardashian

BIDEN is life long tool of the Democratic Party, a party that always gets us into wars, a party that essentially is an arm of the MAFIA ( now public employee unions ) prisons, cops;  Same as always gendarmes, prisons, and executioners run the GOV. The purpose of the GOV is to protect the RICH from the poor public debt slaves.

The purpose of BITCOIN is to siphon off wealth from up & coming to prevent them from ever competing with legacy rich.

Hell yes, now that the bitcoin idiots are 'rich' on paper, its time for a 90% tax on them so called 'haircut' to bring them down to earth, so says BIDEN and his "WOKE ARMY". Hell there is even Biden talk of Bitcoin tax to cover 'slavery' and payback the black-slaves for lost wages 1600's to 1800's. All that BITCOIN 'wealth' could easily ensure the DEM Party of Black Vote for another century

Fools here will say impossible, remember IRS-COINBASE will just 'black-list' your coin address, if all high-value addresses aren't declared KYC by a given date. Should GOV decide to cash-out those addresses its easy-peasy for NSA to provide the private-key for those addresses, as dictated by the 'woke' in power.

The greedy rich also wants higher taxes to stay on top and let the poor pay higher taxes for them to stay poor, that's how greed can do. I guess if you are in a position like the Bidens will always want that in order for them to be rich for the generation to come. The Bitcoin holders who are about to get rich are going to be subdued by these greedy men.

BITCOIN is extra special stupid, don't think otherwise, this is the first 'global ponzi'

Truth be told is that USA education 'dumbing down' has been in high-gear now 50+ years, this is what makes the ponzi universal amongst young people, as they have no future, their jobs were shipped to CHina, before they were born, and now they have a religion 'bitcoin' that revolves around a chinese-based crypto.

How will this end? Like the plan along, from the 1950's, build a wall around the USA, and make it the worlds largest destination 'whore house', the slaves will do anything for money, including sell/rent their children. This has been the plan all along.

BITCOIN is just conduit to drain wealth from anybody that still has a nickel, and isn't living from stimmy to stimmy.

---

BINGO,and the 'lockdown' by design, only accelerates this trend towards locking people in their prison home, and tethering them to their online virtual world, what does it mean to be 'rich' when your locked down?

Freedom was always about being free, money was always about easy means to obtain travel to see the world as you wish, nowadays, money doesn't buy you anything other than shit-food, or AMZN crap from China,

The trend of "You don't have anything, you'll be locked down, and you will be happy" is accelerating, and this is where they intend to take you.

The 'greed' element of BITCOIN is just to make the lockdown 'easier' as morons say "Yes, I'm locked down, but I'm getting rich", as if that actually meant something.

[moderator's note: consecutive posts merged]

The world has always been a greedy place. I just think the world got more miserable since bitcoin, although the access to internet popularized. That is why there are a lot of people looking for money online nowadays, seeking for earning opportunities that aren't disponible outside the virtual universe, on their physical places.
It's not a strange fact, however, as there are more than 7 billions of humans in this world so far, and increasing day by day. Where are these people going to get money for a living? Bitcoin and crypto in general look a promising alternative for many.

It's part of human history, everyone is greedy, from the rise of Roman empire to WWII. So I don't think that Bitcoin help to accelerate it, Wall Street have been doing this for half a century, making money out of thin air, running Ponzi schemes etc.

And so there's no need to put a blame of Bitcoin, well at least people understand how someone increases his wealth overtime.

Indeed, every people's mindset is to get rich on thing they don't really need to because it by influence on many technology advancement.
What they've seen from other individuals is what makes them desire for more without satisfaction. Just like what had happened from the past frustrations I had, all opportunities have been lost due to greediness from failure of expectations.

I can agree with that. Human beings are born greedy. So we don't know if the rise of bitcoin, people become greedier. We can't measure the greediness, right?   But if people learn how to use this human nature into something positive, why not? This is how we survive. We learn the ropes of how to use our innate skills to survive in this world. Without our tenacity, would be hard to counterattack the changes in our environment.

The world is already full of greediness even before the Bitcoin era. We are all greedy but depends on what level we have, but if we use greed for good I think its all good. People jump in to invest in Bitcoin for they believe that it might change their lives and give their families a better living.