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Topic: Help me differentiate this thought, teach a man how to fish or give him Bitcoin. - page 2. (Read 394 times)

sr. member
Activity: 1050
Merit: 286
The actual case here is that those person who relies too much o giveaways and other means of gaining bitcoin amidst knowing how to earn in other ways are stupid. They've been taught how to farm yet they chose to rely on ways that is the most convenient for them. Just like any other job in the world, patience and being strategic are those that a person should obtain if he really wants to earn lots of money. Instead of instantly giving them bitcoin, teaching them how to earn is much more recommendable so that they will have the freedom to choose whether they will give importance to it or just remain with their old ways.
hero member
Activity: 1778
Merit: 710
[Nope]No hype delivers more than hope
-snip-
people are given fish (money Bitcoin) daily through giveaway and other means steadily on the social media platforms. Isn't this contradicting everything. We're producing dependant society that rely on others instead of looking for alternative ways to make a living for themselves and start earning bitcoin.

Your comparison is wrong, bitcoin should not represent the fish but the fishing rod itself as bitcoin as a means of payment. Fishing requires more skill and patience than it looks, same with bitcoin. You give only bitcoins to someone, then that person needs to increase their knowledge of how to use them, trading skills and practice patience to hold.
hero member
Activity: 2282
Merit: 795
What the meme is saying 'Give a man Bitcoin and he'll be feed for centuries' should this be the case, why isn't it publicizing teaching about bitcoin and feeding the man for lifetime or is there something that I'm missing here?.

This depends though. Like what others have already mentioned, even if you give someone free BTCs, it is still their responsibility on how to utilize it. Others may sell it at a lower price from the time they acquired it and some may sell it at a higher price which gives them profit at the end.

It's not just Bitcoin, you could give someone a house (assuming it's in a prime location) and no doubt the price will appreciate over the years. But without learning the process of earning enough money to buy one, how does one understand the hardship and the taste of success?

As an analogy to the original bible verse, it's like you're giving away $40,000 worth of free fish to a person. But if he fails to utilize each piece (i.e. preserving the rest for future use), the value overall would decrease- that is why you have to be smart with all the investments that you acquire.
legendary
Activity: 2520
Merit: 4355
Farewell o_e_l_e_o
The meme was emphasizing on giving a man Bitcoin and you'll fees him for centuries and it got me wondering about the popular quotes that says "Give a poor man fish and you feed him for a day, but teach him how to make money and you feed him for lifetime".
Time for Bitcoin faucets are over many years and now, people have to work to earn fiats or altcoins, then use them to buy Bitcoin.

There are airdrops, faucets with altcoins, so people can join them and sell those altcoins to get Bitcoin. Do you know ICP? They run airdrop years ago but requested fees to do KYC on airdrop receivers.

It was traded about $600 months ago so airdrop receivers have good income with ICP. If they sell ICP at top, they can have about 0.01 BTC that good enough.

I disagree that you have to give anyone Bitcoin to help. Additionally, many people are close-minded and they don't want to hear about Bitcoin or cryptocurrency.
hero member
Activity: 2282
Merit: 539
I passively earned over $100 @ tinyurl.com/PIA10
Like others have said, experience is the greatest teacher.

It's not just Bitcoin, you could give someone a house (assuming it's in a prime location) and no doubt the price will appreciate over the years. But without learning the process of earning enough money to buy one, how does one understand the hardship and the taste of success?


Memes are created to make fun. I don't think the guy who posted/created that meme truly believe in the quote: "Give a man Bitcoin and he'll be feed for centuries"?


Memes are taken at face value, but it does hold some truth. Definitely won't apply to most of us out there. Grin

Only for those people that HODL-ed from the very beginning or bought a shitton during the major crashes.
legendary
Activity: 1596
Merit: 1289
Teaching someone a new idea means that it is difficult to implement, takes time and may not always work, so many choose to get the fish rather than learn it.
There's another lovely saying that says you can't teach your old dog a new trick.
People have become lazy and used to the old systems, so teaching them to use a new system will take a long time and you may not succeed in that.
legendary
Activity: 2254
Merit: 2406
Playgram - The Telegram Casino
Now in the cryptocurency community the opposite is the case, people are given fish (money Bitcoin) daily through giveaway and other means steadily on the social media platforms. Isn't this contradicting everything. We're producing dependant society that rely on others instead of looking for alternative ways to make a living for themselves and start earning bitcoin.
Those who giveaway Bitcoin on social media do so to attract people to their profiles and build their following, it has no deeper meaning to it, Bitcoin is just the means. Cash or anything of value can be used in the same way.

About the quote, it depends on how you interprete it. 'Give a man Bitcoin...' could be translated to letting someone in on how Bitcoin works as a network, but it still doesn't make much sense as Bitcoin is not a solution to poverty, it is just a decentralized currency with some other really cool features.
Learning a skill, getting a degree, investing wisely etc are ways to feed yourself for a lifetime.
full member
Activity: 186
Merit: 253
What the meme is saying 'Give a man Bitcoin and he'll be feed for centuries' should this be the case, why isn't it publicizing teaching about bitcoin and feeding the man for lifetime or is there something that I'm missing here?.
Memes are created to make fun. I don't think the guy who posted/created that meme truly believe in the quote: "Give a man Bitcoin and he'll be feed for centuries"?

It's even funnier to teach people about bitcoin in order to feed them for their lifetimes. The difference here is when you teach a man fishing, he can get fish wherever fish exists and physically feed himself. But bitcoin doesn't work that way. Bitcoin, stocks or any other financial games are zero-sum. While you gain, others lose. Are you sure the person you teach won't buy bitcoin at $62k and cut loss at $30k or are you gonna tell him to hold it for his lifetime?
legendary
Activity: 2072
Merit: 4265
✿♥‿♥✿
The original of the parable says: "Give a man a fish, and he will be fed one day. Give a man a fishing rod, and he will be fed all his life."
It goes on to speak of a lazy student who also hoped to receive fish every day. The student did not want to use the fishing rod, as he was lazy. But he saw his teacher gloriously catch more fish.
All of today's distributions, which indulge newcomers, can be compared to this parable. One small giveaway is a drop in the ocean. And if the one who has this drop is content with little, and does not want to learn how to get more, then he will remain a supplicant, not a giver.
The choice is always ours.
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
What if you give someone bitcoin, the price decrease and the person was panic and sold it, the price later increase and the person miss the great opportunity. You will still need to teach the person that he should hold even if the price of bitcoin is falling, if the person hold, the price will increase back, the person will gain. You can tell the person that he can hold bitcoin for many years and leave it for children, that means you still teach the person by telling him to hold the bitcoin.
hero member
Activity: 1106
Merit: 570
I came across a meme some months back and it stuck to my my head that I had to put it down in writing to some extend on my profile (personal) statue. The meme was emphasizing on giving a man Bitcoin and you'll fees him for centuries and it got me wondering about the popular quotes that says "Give a poor man fish and you feed him for a day, but teach him how to make money and you feed him for lifetime". Now if the quote meaning is that giving out money only enslaved the mind of the receiver as he/she begin to think less on how to make a living for himself instead begins to rely on you, which is bad.

But then, if you teach that individual how to make money, they become independent and there's higher chances of them replicating same action to others and the good continues. Now in the cryptocurency community the opposite is the case, people are given fish (money Bitcoin) daily through giveaway and other means steadily on the social media platforms. Isn't this contradicting everything. We're producing dependant society that rely on others instead of looking for alternative ways to make a living for themselves and start earning bitcoin.

What the meme is saying 'Give a man Bitcoin and he'll be feed for centuries' should this be the case, why isn't it publicizing teaching about bitcoin and feeding the man for lifetime or is there something that I'm missing here?.
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