Today Morning, One Thing came in my mind. BTC is really an amazing concept not only for the rich people while the for poor also, because no one can control the price of btc. For example, at 2017 -2018 if you are invested in btc then right now you can collect a huge amount to use like in education , in health, in your family or your future plan.
It should be stressed that bitcoin is not meant to cure inequality in this world of poor and rich. What bitcoin has been doing so far and will continue to do is give everyone an equal opportunity to convert their time, effort, and skills into something that cannot be stolen and debased. Presently, the most scarce and valuable asset in this world, time, is being constantly stolen from those who have to work hard to feed their family and pay bills. It is done via inflation and money printing, which is basically a legal way to counterfeit money. No matter how much time you spend working, all that you earn will surely be taken away from you. Rich and wealthy people, unlike the poor, have many ways to protect themselves from this robbery, but still, it doesn't solve the problem but rather delays the inevitable. Bitcoin allows both the poor and rich to make sure they will not lose what they earned offering what they have. 
Topic: The Great Thing is about Bitcoin - page 5. (Read 535 times)
Today Morning, One Thing came in my mind. BTC is really an amazing concept not only for the rich people while the for poor also, because no one can control the price of btc.
Umm... I kind of disagree with this. Elon Musk made me realize that rich people can cause a news which will then cause a price dump or pump. If he tweets "Buy Bitcoin" you'll see the pump that'll follow. What I think that makes it an amazing concept is that irrespective of who you are, how much you have, no one can access your Bitcoin, never until you give them your private key(never give it out).
We never really lose this kind of thread praising bitcoin even though it's all the same, I mean there's no way you can describe bitcoin as something bad so most of the people who do this kind of thread are spewing the same thing.
It is indeed a great invention. I don't know how many dollars Bitcoin will rise to in the end. After reaching a certain price, what will happen to the next stage of Bitcoin?
It's what's so good with it: anyone can take advantage of it. It takes a lot of investing and finance illiteracy to think that bitcoin is only for the rich just because it's so-called "already expensive". (even though, you know, you can buy fractions of a BTC)
Only you control your bitcoin and you have your right not to tell how many bitcoins you have to other people while your bank do not know about that. The banks will only know the money in your bank account while you should not make them suspicious about the largest transaction if you are not too often make a big money in your bank account.
And related to the bitcoin price, you do not need to afraid of the price volatility but that will be good for you because if you can buy at a low price and sell at a high price, you will get profit and that means, you can make money.
And related to the bitcoin price, you do not need to afraid of the price volatility but that will be good for you because if you can buy at a low price and sell at a high price, you will get profit and that means, you can make money.
While it was initially true that rich cannot control the price of the Bitcoin. Currently, due to lot of trading in Bitcoin, the price of Bitcoin is subject to lot of volatility and hence the price can be manipulated by big players who are generally referred to as whales. Still the system of issuance of new Bitcoin cannot be controlled and hence it remains decentralized.
Today Morning, One Thing came in my mind. BTC is really an amazing concept not only for the rich people while the for poor also, because no one can control the price of btc. For example, at 2017 -2018 if you are invested in btc then right now you can collect a huge amount to use like in education , in health, in your family or your future plan.
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