With the current economic situation due to a prolonged pandemic, some people do not have extra money. Even for poor countries, they do not
have money to meet their daily needs and expect direct assistance from the government. So I believe poor people will not think about investing
in Bitcoin, even if poor people have money, they will not buy Bitcoin. Because they will definitely need the money in the near future. Especially
for people who do not have internet access, will not be interested in investing in Bitcoin, because they will not invest in something they do not know.
That's why I think it is wrong to believe that more money will go into Bitcoin during a crisis. I think the opposite is true. If people have disposable income and the freedom of choice where to invest it, Bitcoin would benefit a lot. The richer the world becomes, the richer Bitcoin holders become.
Seeing this fact, for now, most of the people who invest in Bitcoin are rich people, who want to save their wealth. Because the rich know that
the government is in a crisis situation like now, it needs printing money in large quantities, as a result there will be hyperinflation. That's why
rich people choose Bitcoin, because it's proven to be unaffected by inflation. While the poor will remain poor, because their income is not enough
to buy Bitcoin. Therefore I take many side jobs, even though I already have a permanent job. This is because the salary I get from a regular job is
only enough to meet my daily needs and pay off my debts. While the income I get from a side job, I can buy Bitcoin.
There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this?
How much there is who face this problem?
in my country too many people are the same, they don't know bitcoin and even they think bitcoin is a system for gambling. I'm thinking how to educate them so they can understand the real bitcoin and can think positively about bitcoin
Because there are still many countries that do not support Bitcoin, most of the population does not get much information about Bitcoin. So it is very
natural that there are still many people who do not know Bitcoin, even in my country the local media gives a lot of wrong information about
Bitcoin. Therefore we who already understand about Bitcoin, at least educate the people around us first. So that more and more people know Bitcoin.