Thanks to bitcoin - page 4. | Bitcointalksearch.org

Despairo

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Quote from: Y3shot on March 23, 2023, 10:35:45 AM

If there were no bitcoin I know their are investment people can go for but it will be something that the rich and middle class can afford to invest. In bitcoin the rich, poor and middle class can go into it, this is to say bitcoin is for every body.

With the recent challenge in Nigeria where the resigni of their currency has caused scarcity of flow of cash which is really affecting the citizens, I know bitcoin will also make a good contribution in this case because lots of young people in the country are engage to bitcoin.

In different occasions of economic crisis in the world bitcoin has always been there to play a good role. Thanks to bitcoin for it existence in this difficult time of life.

Wrong, you can buy stock or gold cheaper than Bitcoin because centralized exchange charge a high amount fee when you want to withdraw. Yeah you can buy Bitcoin via P2P or decentralized exchange, but in P2P you usually need to pay for premium price and you need to own Bitcoin first before able to use Bisq.

Nigeria banks were ban Bitcoin, so it's illegal if you use Bitcoin, you might not have any problem now but you can't predict the future.

You need to have money if you want to buy Bitcoin, Bitcoin was not created to make people rich and solve the economic crisis. More importantly you need to have electricity and internet connections, most of poor people can't afford it.

Rupok

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Bitcoin can be one of the means to eliminate unemployment. Ever since I found this forum when I was unemployed, I've been earning from this forum and earning extra through bitcoin investing.I always want to thanks Bitcoin. This is exactly the world economic situation is going very bad. Also, many countries have started to introduce cryptocurrency systems and people can invest from any location, one of the benefits of Bitcoin for passive income.You have to go out of the house to work but you don't have to go out of the house to invest in Bitcoin. Bitcoin investors have been financially buoyant since its inception. But it is very difficult for low income people because they don't have the access needed to invest in Bitcoin. Most of those who are investing in Bitcoin are living their lives successfully.

adzino

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Quote from: Y3shot on March 23, 2023, 10:35:45 AM

The world economic challenge is getting worse as the day counts, and I'm still thinking if their were to be no bitcoin how would people cope with all the challenges in this modern world. Bitcoin has really come through for people of this days in different way and in different countries.
In some countries where they have serious unemployment challenges many people have engaged in bitcoin to invest and into other aspects of bitcoin, just imagine if their were no bitcoin how will the common man invest the little he or she has. If there were no bitcoin I know their are investment people can go for but it will be something that the rich and middle class can afford to invest. In bitcoin the rich, poor and middle class can go into it, this is to say bitcoin is for every body.

With the recent challenge in Nigeria where the resigni of their currency has caused scarcity of flow of cash which is really affecting the citizens, I know bitcoin will also make a good contribution in this case because lots of young people in the country are engage to bitcoin.

In different occasions of economic crisis in the world bitcoin has always been there to play a good role. Thanks to bitcoin for it existence in this difficult time of life.

You are right. Bitcoin has been a game changer for many. It's accessible to everyone, regardless of their economic status. People can invest, earn passive income, and even find jobs in the crypto space. Plus, it also makes sending money from one point to another point cheap, easy and super fast. People from countries that has weak currency value and is suffering from inflation can invest in bitcoin to battle against the inflation. But yeah, people should keep in mind about the risks involved with investing in bitcoin or other crypto currencies. Stable coins might be a better option for those that aren't willing to risk, but they should also keep in mind that those stable coins might crash too!

karmamiu

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Quote from: Dr.Bitcoin_Strange on March 24, 2023, 06:23:25 PM

Quote from: Y3shot on March 23, 2023, 10:35:45 AM

If there were no bitcoin I know their are investment people can go for but it will be something that the rich and middle class can afford to invest. In bitcoin the rich, poor and middle class can go into it, this is to say bitcoin is for every body.

There are other investments that people could really go into, but there is no investment one can go into without going through a third party, without having some paper work done, without having to leave their house to go out to the office or company they want to invest in, and without having to pass through a little stress. But the truth is that Bitcoin gives investors the avenue to enjoy freedom while they do their investment while sitting at a place. No paper work needs to be done, no third party needs to be involved, and it's not too complex that people cannot easily understand. I agree with your topic OP, and I say thanks to Bitcoin too. Real estate requires a certain amount before you can invest; even some companies require a huge amount before you can invest with them, but Bitcoin gives people the space to invest just any little amount they like to.

In short it opens a lot of opportunities for people who doesn't much money have an investment. If you look back when bitcoin wasn't a thing, the only option for regular people to participate into economic growth is through banks and other institutions, and guess what? That time when I first opened my account, there is a maintaining balance you need to keep and big banks or international banks requires a huge amount of initial deposit before you can start your own savings account.

Thanks to crypto though there're lots of people who lost quite a but of money, there're also those that their lives are changed into something much more liveable. So in conclusion the benefits given by crypto changed the way how we think and it outweighs the negative effects.

Gallar

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that's right, with the emergence of bitcoin many people are helped financially.
especially in economic times like now, bitcoin exists to balance.
but what I observe and pay close attention to, bitcoin has not been able to penetrate among the poor (poor) because of many influencing factors, the most basic of which are electronic devices such as computers, mobile phones, and especially in financial terms.

so new bitcoin investors arrive in the middle class, and the upper class.
I don't think many people from the lower class invest in bitcoin.

crunck

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Quote from: Y3shot on March 23, 2023, 10:35:45 AM

The world economic challenge is getting worse as the day counts, and I'm still thinking if their were to be no bitcoin how would people cope with all the challenges in this modern world. Bitcoin has really come through for people of this days in different way and in different countries.
In some countries where they have serious unemployment challenges many people have engaged in bitcoin to invest and into other aspects of bitcoin, just imagine if their were no bitcoin how will the common man invest the little he or she has. If there were no bitcoin I know their are investment people can go for but it will be something that the rich and middle class can afford to invest. In bitcoin the rich, poor and middle class can go into it, this is to say bitcoin is for every body.

With the recent challenge in Nigeria where the resigni of their currency has caused scarcity of flow of cash which is really affecting the citizens, I know bitcoin will also make a good contribution in this case because lots of young people in the country are engage to bitcoin.

In different occasions of economic crisis in the world bitcoin has always been there to play a good role. Thanks to bitcoin for it existence in this difficult time of life.

I agree with you that, thanks to the existence of bitcoin, many people with little capital have had the opportunity to invest and the opportunity to catch up with other rich people. If there is no bitcoin, but only gold or real estate, the opportunities for those with little capital are almost nonexistent.

But I wonder how unemployed people will invest in bitcoin when they are unemployed and have no money. Bitcoin does not help much in this case, Bitcoin is not free, if you want to invest you need money.

Xampeuu

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Quote from: drwhobox on March 24, 2023, 09:06:37 PM

Quote from: bosede1 on March 24, 2023, 01:40:18 PM

I have invested and profited from bitcoin and likewise many people on this forum. Also, as a citizen of Nigeria and I know how hard to make ends meet, leaving mainly on your salary is very hard with the hard economy.

I can only imagine the situation there in Nigeria, people have hard time maintaining their life with their daily jobs. So bitcoin obviously is a blessing for people in Nigeria. I have seen so many Nigerian posting about their progress with bitcoin and cryptocurrency and many are successfully living their life thanks to bitcoin. So keep doing what you are doing, at least bitcoin will help you to support financially in the long run.

let alone Nigerians, I personally feel helped by knowing bitcoin, since 2017 I have known him, so many things that I want have been achieved, and I think if it was from my salary working in an office, it would be impossible to fulfill it. therefore it is a blessing to know him, especially for warriors living with limited capital can increase their results many times in the cryptocurrency world, and that is not impossible

drwhobox

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Quote from: bosede1 on March 24, 2023, 01:40:18 PM

I have invested and profited from bitcoin and likewise many people on this forum. Also, as a citizen of Nigeria and I know how hard to make ends meet, leaving mainly on your salary is very hard with the hard economy.

I can only imagine the situation there in Nigeria, people have hard time maintaining their life with their daily jobs. So bitcoin obviously is a blessing for people in Nigeria. I have seen so many Nigerian posting about their progress with bitcoin and cryptocurrency and many are successfully living their life thanks to bitcoin. So keep doing what you are doing, at least bitcoin will help you to support financially in the long run.

Ultegra134

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Quote from: Sayeds56 on March 24, 2023, 12:36:32 PM

Quote from: Y3shot on March 23, 2023, 10:35:45 AM

The world economic challenge is getting worse as the day counts, and I'm still thinking if their were to be no bitcoin how would people cope with all the challenges in this modern world. Bitcoin has really come through for people of this days in different way and in different countries.
In some countries where they have serious unemployment challenges many people have engaged in bitcoin to invest and into other aspects of bitcoin, just imagine if their were no bitcoin how will the common man invest the little he or she has. If there were no bitcoin I know their are investment people can go for but it will be something that the rich and middle class can afford to invest. In bitcoin the rich, poor and middle class can go into it, this is to say bitcoin is for every body.

With the recent challenge in Nigeria where the resigni of their currency has caused scarcity of flow of cash which is really affecting the citizens, I know bitcoin will also make a good contribution in this case because lots of young people in the country are engage to bitcoin.

In different occasions of economic crisis in the world bitcoin has always been there to play a good role. Thanks to bitcoin for it existence in this difficult time of life.

There is no doubt that Bitcoin has become popular alternative investment option, specially in countries facing economic difficulties, due to its decentralized nature and lack of government control. In conclusion, Bitcoin has provided new investment opportunities and financial inclusion for many people, but it should be noted that Bitcoin is very volatile and high risk asset. Therefore, one should operate within their financial limitations and risk tolerance, when investing in Bitcoin.

As someone who has been in cryptocurrencies since 2014 and have used Bitcoin both as a currency and as an asset I can confirm that it has been a great alternative investment. So far, it has enabled me to live a lot more comfortably due to the significant side income I'm receiving through the forum, while at the same time, it's a great hobby to keep you busy. I regret not being active throughout all these years; I had two large inactivity periods.

Dr.Bitcoin_Strange

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Quote from: Y3shot on March 23, 2023, 10:35:45 AM

If there were no bitcoin I know their are investment people can go for but it will be something that the rich and middle class can afford to invest. In bitcoin the rich, poor and middle class can go into it, this is to say bitcoin is for every body.

There are other investments that people could really go into, but there is no investment one can go into without going through a third party, without having some paper work done, without having to leave their house to go out to the office or company they want to invest in, and without having to pass through a little stress. But the truth is that Bitcoin gives investors the avenue to enjoy freedom while they do their investment while sitting at a place. No paper work needs to be done, no third party needs to be involved, and it's not too complex that people cannot easily understand. I agree with your topic OP, and I say thanks to Bitcoin too. Real estate requires a certain amount before you can invest; even some companies require a huge amount before you can invest with them, but Bitcoin gives people the space to invest just any little amount they like to.

South Park

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Quote from: Y3shot on March 23, 2023, 10:35:45 AM

The world economic challenge is getting worse as the day counts, and I'm still thinking if their were to be no bitcoin how would people cope with all the challenges in this modern world. Bitcoin has really come through for people of this days in different way and in different countries.
In some countries where they have serious unemployment challenges many people have engaged in bitcoin to invest and into other aspects of bitcoin, just imagine if their were no bitcoin how will the common man invest the little he or she has. If there were no bitcoin I know their are investment people can go for but it will be something that the rich and middle class can afford to invest. In bitcoin the rich, poor and middle class can go into it, this is to say bitcoin is for every body.

With the recent challenge in Nigeria where the resigni of their currency has caused scarcity of flow of cash which is really affecting the citizens, I know bitcoin will also make a good contribution in this case because lots of young people in the country are engage to bitcoin.

In different occasions of economic crisis in the world bitcoin has always been there to play a good role. Thanks to bitcoin for it existence in this difficult time of life.

Before bitcoin existed you had the option to invest in gold, however gold does not move with the same kind of speed that we can see on bitcoin, so you could spend decades holding your gold and not much will change and you may even loss some money in the process, however bitcoin and its high volatility can allow traders to make way more money than what they could make with gold or stocks, however we must also recognize that those are results that only a minority of traders can actually achieve.

siniminomorocomunisakito

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Blockchain technology offers many advantages, it also poses challenges and limitations that need to be addressed as technology develops but for BTC to me it is very special like people's money.

bosede1

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I have invested and profited from bitcoin and likewise many people on this forum. Also, as a citizen of Nigeria and I know how hard to make ends meet, leaving mainly on your salary is very hard with the hard economy.

Maxre

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Quote from: Y3shot on March 23, 2023, 10:35:45 AM

The world economic challenge is getting worse as the day counts, and I'm still thinking if their were to be no bitcoin how would people cope with all the challenges in this modern world. Bitcoin has really come through for people of this days in different way and in different countries.
In some countries where they have serious unemployment challenges many people have engaged in bitcoin to invest and into other aspects of bitcoin, just imagine if their were no bitcoin how will the common man invest the little he or she has. If there were no bitcoin I know their are investment people can go for but it will be something that the rich and middle class can afford to invest. In bitcoin the rich, poor and middle class can go into it, this is to say bitcoin is for every body.

With the recent challenge in Nigeria where the resigni of their currency has caused scarcity of flow of cash which is really affecting the citizens, I know bitcoin will also make a good contribution in this case because lots of young people in the country are engage to bitcoin.

In different occasions of economic crisis in the world bitcoin has always been there to play a good role. Thanks to bitcoin for it existence in this difficult time of life.

You are right my mean partially right that Bitcoin is a revolution as you can see that banks have failed and almost 300 to 400 billions of dollars worth of tokens have been lost of these users but I have heard that Joe Biden sid that they will pay every penny to these users and in this regard they will print new money that could be a disaster for the USA economy and also A whole world because of Inflation. So also Bitcoin made also to of people lives better and it's worth buying for the future.

Ryu_Ar1

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I feel the same condition even though we are from different countries. I am in Indonesia and the current conditions in Indonesia, although not too severe in terms of conditions, are still currently very difficult to face life's challenges which are getting harder and harder.
I am grateful to be in bitcoin even though I am here from 2020 but I already feel a real difference from an economic standpoint because of bitcoin. because you can say bitcoin is one of the factors that makes my life better now from an economic point of view. Even though I still can't be said to be successful now from bitcoin but when I look around my environment, I can still be said to be more adequate now than people who are not here and always say I am one of those people who really have false beliefs about a project called "bitcoin". but I am happy about it now because now I can show that my belief is not wrong.

Jody.Drummer

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I think everyone here will agree on that because indeed the existence of bitcoin has helped a lot of people and one of them is me. developing and even lagging behind bitcoin has become an option that is indeed profitable, although in some cases the government still hasn't opened up good regulations but as long as there is no ban there that is a good thing because we as citizens who follow the policy can still be in bitcoin.
I'm still quite grateful to know bitcoin even though not from the start but I feel the difference when I'm here.

ajiz138

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I can imagine how if there were no bitcoins maybe the problem of unemployment would be more and more especially in the world economy which is getting chaotic due to having policies that are too harsh but the fact is that with bitcoin as an alternative way that can grow the lower class for the better now it has come to a lot bitcoin and do various things that become their activities in finding finance and assets to be invested.

Quote from: Y3shot on March 23, 2023, 10:35:45 AM

In different occasions of economic crisis in the world bitcoin has always been there to play a good role. Thanks to bitcoin for it existence in this difficult time of life.

Thanks to bitcoin, with its role, many have changed their lives for the better, especially in the economic crisis they are facing, now many are successful and they can feel how to live side by side with bitcoin.

Quote from: bitmover on March 23, 2023, 10:48:06 AM

specially for those who want to send their money abroad (in investment or just traveling)

Bitcoin makes it easier for us to send money anywhere and it will not be as complicated as sending fiat abroad.
Bitcoin will be a pretty good alternative.

Wakate

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We don't need to ignorantly write about Bitcoin because Bitcoin is not going to replace your job rather it's just a means of investment for those that are ready to invest and wait for the market to grow bullishly so they can sell there holdings and make good profits from the market. The problem many persons are having is the fund for them to invest in the market now that everything is still bearish. Those that have huge funds to invest in Bitcoin are the ones that are earning big from the market.

StarKay

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Bitcoin contribution to my financial independence can not be quantified, it helps me and most people that comes from countries blacklisted by PayPal and it's like to be a part of a global payment system that works.

It has also been a reliable store of value especially for us that came from countries that is experiencing what I'll call galloping inflation. Bitcoin in my opinion is here to stay and many more people will have a need to adopt it.

blockman

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That is so true, I don't know what investments I'll be in if it's not for bitcoin. Well, if it were not for bitcoin I won't be forced to know more about different markets, assets, and investments and that's why it's like it has empowered and pushed me to know more about these things.
At the same time, on this market, I cannot deny that it has helped me a lot and made me sort of remove that worry about obligations such as bills. And that's why I am grateful that I've been part of this community and I am able to know about bitcoin. Because I cannot imagine of the what if I've never known bitcoin, what could be my investments and where could I be now.

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