Topic: One of the biggest problem in our society is that average person don't have - page 4. (Read 954 times)

Being rich and having a lot of money is not just a matter of a wrong system or whatever. This is not about fiat or crypto. But this is about how we can adapt to the situations and circumstances in which we live now. And that doesn't mean that people who are good at thinking will be successful people. Because being successful doesn't just require smart thinking. But it also requires courage to act. it takes hard work and constant movement. Don't just glance at other people's work and keep complaining about your own situation. I prefer not to waste my time looking at other people. I prefer to focus on my own life and work. Because every second is precious. We have to be able to use it well, we have to learn everything well and we have to adapt well too. Only then will we begin to understand that it is not about fiat or crypto that can make us rich. But about how we can face all the things that are in front of us. And how we can take advantage of every thing that appears before us. If we know about crypto. then learn and take advantage of it. And if we know fiat. So understand the fiat system and make fiat come to us. This is not an easy matter. But if someone else can do it. then we should be able to do it. It's not easy but we have to keep trying much harder than before.

Money does rule the world, but you also need to realize, consider that as elimination process for the smart people to figure out if they are really smart or not. You may consider yourself incredibly smart, but if you never understand about money at all, then people may not feel like you are worthy of investing into, you need to be the type of person that goes out and finds the required investment to do whatever they want to do, it's not always about finding a new thing or inventing something or writing a new thesis, it's about figuring out how you could make some returns from that and be paid or even just fund it.

This shows the world that you are not ignorant about money, which is the only thing that matters in this current world we live in unfortunately. If you are the greatest physicist of our time, better than Einstein could ever be, but you have absolutely no idea how money works, you will never be able to work on things those people worked on, money is much more important nowadays.

Not sure what exactly you are trying to proof here. Banks won't lend you or give you money if they know you won't be able to return the money. No matter how much "skills" or "knowledge" you have, they won't take the risk. What if you fail to return the money despite having all those knowledge and experience? And yes, if they are giving you money, you have to pay them with interest. No reason for them to lend you free money.

That's not true. How do you have excess to "endless liquitiy and finances"? No one is going to give you free coins. How is crypto going to help you earn money? Also, even if someone does lend you money, they will ask for collaterals and also a high % interest in return.

What nonsense are you talking about? Any competent person can access capital, as long as you meet the agreed terms.

So whose fault is it here? Do you really understand what you are talking about? In the past, the tools supported us, and we had the right to use them, but in reality, the meaning of your contribution to the tool is not there, so don't be too demanding and consider yourself as the center. You need to accept the fact that if you are not capable, you will not receive anything from society, it is not natural that complex problems permeate society, equality is inherent. It's because people don't have enough ability to adapt and need to know how to accept their own mistakes instead of blaming them.

In short, your perception has many problems with this life, it's just that it doesn't satisfy you so you're not satisfied with it. Anyway, if you don't change this thinking, you will always be dissatisfied with other things. Remember that when you don't have a good opportunity, it means you don't deserve it.

Everyone who is still alive in this world must have their own self-worth even though their work is very different for each person and the issue of capital is also the same, where each person can obtain it in varying ways through their own lives. There are those who get it through working for other people for a certain period of time and there are also those who only hope for an inheritance from their own parents and there are also those who get it through work in government agencies which can be passed straight away when their studies are finished.

So there are many types and ways to obtain capital to use for things desired by each person or ourselves. And one more thing, people who have certain skills can also get capital in their own way because certain skills can usually be rewarded with much better value in certain companies or in government agencies that need them.

It is true that the currently prevailing banking system is corrupt and there is discrimination between the poor and the rich. This seems more clear in poor countries where the rich can access banking services and obtain loans and financial facilities with ease, unlike the poor.

The Crypto space gives more freedom and opportunities to the poor who do not have the capital to start their own investment. Here in Crypto, through learning and gaining knowledge, you can get a job and start your own investment.

But of course, this does not mean that it can be obtained easily or that you will become rich by working in Crypto, but at least you will achieve your financial freedom.

Having capital or not having capital, in fact these two things are very closely related. Because it has become like a natural law. Not everyone can immediately have capital when they graduate from college. Not everyone who has skills also has capital. But all of that is normal, because we also live in this world. Each person has their own advantages and disadvantages. So basically, don't assume that people who work for other people don't have self-respect.

Life is unfair. That's a given. There are those who are lucky in the natural lottery they were born with a silver spoon in their mouth. Their success doesn't have to have a lot of obstacles. It's almost served to them on a silver platter. On other hand, there are also those whose success will have to be achieved through the most difficult of challenges and the roughest of waters.

This same reality is true even in the Bitcoin market. You're an early bird, the price rose to $10 from nothing, you decide to cash out because that's already money, and you won't risk having that money fall back to zero. On the other hand, Michael Saylor arrived late, bought a lot of coins at a relatively expensive price, held on to it despite bears, and made a lot of money. Some simply have advantages that others don't have.

Cryptocurrency is a payment medium for services and like fiat, we also need to work to earn bitcoin. Gone are the days when people could mine bitcoin with their PC. These days getting bitcoin isn't as easy as before and an average man with no money can't have bitcoin. Decentralization is only about the ledger not being handled by anybody, not that anybody can access bitcoin. If not all humans would be rich today. Getting loans in bitcoin still requires collateral and trust. In the forum, a member must have proven to have a proven track record of trust and consistency to get loans. He doesn't need to explain what he'd do with the money. Defi projects also need collateral submitted first before approving any loan. Hence, money has limits on who can have it, based on trust. Nobody gives money to a stranger who can freely go away without returning the loan. So restrictions revolve around money; bitcoin. Only the rich can afford to buy bitcoin in large quantities.

The average person's imagination must be reasonable and unique to earn him bitcoin. Rendering substandard services wouldn't generate bitcoin for an average person, despite being imaginative. In recent times, the government has lent out money on different bases, especially for agricultural purposes. The only requirement is showing that you're a farmer. The only dispute with taking a loan is not having a substantial reason for what the money could be used for. Looking to build a hotel, the bank will easily hand out loans, once it's confirmed that you've got a large land. Delaying the payback frame the bank can easily take over the hotel; run or sell it to recover their money and make profits. Many loan proposals are being declined if the reason sounds fishy to the bank management.  Banks easily send loans to local businesses with the potential of succeeding. Don't know where Op got his insights, was it expected that loans will be sent out without being reviewed?

Why there are really people who cant really be able to distinguished about those limitations or really just that simply trying to look on what are the things that it could do and whats not? It isnt really just that too hard on pointing out those things if you do really just have that kind of realistic approach towards it. Bitcoin or crypto doesnt really solve out that financial freedom on which we know that we do really still need to work hard our asses of so that we could be able to make or earn money. Trying out to invest which does basically needs up money for you to invest on then you could really be having that opportunity on earning too but as we do all know that in every investment, there would really really be an accompanied risks too. On this world, if you dont make yourself such actions or decisions then you wont really be finding yourself on such situation on which you are really that living on a non stressful life when it comes to finances, if you are really just that contented on what you are now then you wont really be basically be dealing up with things on which you dont really like to deal off with.

I need you to understand that cryptocurrency is just money on the Blockchain, it still posses all the quality of money excluding the fact that it isn't physical like fiats are. The average person still won't have access to the cashflow that you're taking about because even with cryptocurrency you still need collaterals to get access to loans (you still need money to get money). The only difference with cryptocurrency is that it becomes easier to get access to cash if you meet the criteria of the sites offering the service. Cryptocurrency platforms doesn't discriminate but you have to pass their kyc verification so if you weren't a qualified users to receive support of cash for your project you still won't receive it with cryptocurrency.


Cryptocurrency has limitations too, Bitcon doesn't have limitations as it's decentralized but some cryptocurrency that aren't decentralized can't promise you it won't have restrictions. The average man is at disadvantage at all scenario involving both fiats and cryptocurrency when it comes to getting financial help because both institutions will want to make profits so they'll only offer their service to people that can payback their money and their interest. The only difference is that cryptocurrency doesn't restrict their services to only the elite like fiats due but they both will prioritize who has more money.

It's possible if you have a job or some house (or other valuables) for a mortgage... without collateral, nobody is giving a significant amount. For example, in my country, you can get some bank loans up to a few thousand euros when you have a minimum salary, but what can you do with a few thousand euros? And with interest rates so high (over 11% annually) it's worse than taking a loan from loan sharks.

One of the biggest problems in our society is corruption... and this fiat system is so corrupted that we need something better, something more transparent that can grant more control over government officials and the ones who are in charge of spending tax money in general.

I don't mean to offend you or have this nature to offend everybody but I don't agree with your statement that an average person without any education can earn money via cryptocurrency. Either you are talking about that school, college, or university education or education of how to make money in cryptocurrency or how to do trading, or how to perform swapping, etc. But I assume you are talking about that school education. In my opinion school education makes us more mature.

We come to more consciousness and create a feeling of responsibility in ourselves when we go into a community of different individuals with different traits (university) we learn new things, we open new gateways, or I should say we explore new gateways and technologies and learn things that we don't even think about before and we do things that we never expect us to do (only good things).

We do unexpected and unpredictable things which are good ones for our futures. This means education grooms us, and to earn more money we need this grooming even if we are into cryptocurrency without basic knowledge about crypto, encryption, anonymity, decentralization, hedge, ledger, etc., etc. we can't say a person really knows about cryptocurrency we will say he only after the money and when that person will make the money he will abandon the crypto and might never adopt it again once make a lose in it. Overall I do agree with you that crypto has really provided us new opportunities but only those who have education are the ones who succeed in crypto sphere.

It's possible to loan some money in a bank (the sum depends on the situation), but that's just because banks are centralized businesses that can make those decisions. Bitcoin is decentralized, so there's nobody to loan the money (unless you find someone specific who loans you Bitcoin, but that's a different story). Bitcoin can't solve the complex matters of social inequality. While it gives some opportunities, it's simply not apt to this task because, just as with anything else, the wealthy get an upper hand, being able to buy more, recover easier from a loss, or buy expensive mining equipment.

Not a problem for cryptocurrencies and most governments have their own programs to give capital flows to people. But, just like the banks and the governments, they just can't give it away without properly screening, standards and requirements to the people that who wants it. Not everyone can afford to take it and even if they desire to have one and apply for it, if they're not even reaching the standards and requirements, why should they given that? It's not a problem of society, what's the problem of society now is they want to take anything that they can't even afford.

The distance between the rich and poor in the society is very big, and if you have had an interaction with two people from the different financial class, you will clearly be able to observe the difference in how informed the rich are and how information deficient the poor is. Information can determine access to capital flow or not.

The average person may never have heard of cryptocurrency because of poor information, that can be a limitation to them.

Why create topics just for the sake of creating it ? If a average person don't have capital then how do you think he will get financial freedom through Crypto when he don't have any money to invest? There is no shortcut as everyone has to take up real time jobs and some even work more than one job in order to save capital for investing in crypto or stocks.

Even in crypto you need investment in first place though not as huge as it's required for traditional business but still without any capital you cannot do anything unless your friends or family members lend you some funds else it doesn't matter whether crypto or bank nothing can help him/her.

This is the most basic problem that makes it quite difficult for people to get involved in it and financing capital is the biggest trigger why people find it difficult to get it. Banks have their own criteria for providing loans and perhaps not many people can access loans that are outside their needs criteria. Many people are trapped because they lack capital to develop their potential and that's not just talking about crypto, almost everywhere they will have to stop when they don't have the money.

When there is no choice, people will work under someone else's system and we are made only as workers who are indirectly forced by the system, then this class is quite despicable. But talking about there being no opportunity for people to decide whether they are happy or not, it is only a matter of existing choices and in the end they will continue to be trapped in work with other people's systems. Higher education is also unable to create large employment opportunities because people are trapped with a small flow of funds and it is difficult to get business capital from any party so that everything has to stop.

In reality we have to be a little open that not everyone is destined to be rich because of certain limitations that might make it difficult for people to achieve it. You know that not everyone is familiar with crypto/bitcoin, there are many people who cannot build a business and there are many people who were born into hard poverty.

Despite it challenges, I have seen an average person that turned himself into a wealthy person from commitment and hard work. It is about determination and passion.

Savings is a very strong way to raise capital.  If you have a little job you are doing, you can gradually save up into something bigger and invest in something else. It is a gradual process and not to despair from starting small.

There are people who have made it from small because they didn't despise their little beginning. To build capital can be through support from family, loan or savings but what matters is how to guide the capital into big resources.

There are also lots of other ways to earn money beside cryptocurrency but it depends on your abilities that how you work and how you earn. In cryptocurrency you can earn without investment therefore it is not a way to only make money with using money.

Taking loan from banks is not a good way but if you have no other opportunity to make money then take a loan and just utilise it for business and if you earn more then return that money to bank.

Cryptocurrency is not only way that can give you a way of earning but if you have job then don't hesitate to participate in cryptocurrency because it gives you extra income if you have more experience in it.