Topic: Why is Bitcoin seen as a gateway to financial stability? (Read 546 times)

I like Bitcoin because of decentralization and most of all it is fully inflation proof though it has a volatile nature but still manageable when in terms of investment especially long term. Financial freedom with Bitcoin is very possible compared to fiat so I think that is one positive characteristic of Bitcoin which most of us would like.

A lot of people that are new to bitcoin, their first contact with bitcoin is through an altcoin. That altcoin was marketed to them as a get rich quick scheme. The were promised that the coin would do x100 or even x500 so they'll invest in it. They might lose their money but the seed has been planted because they have seen others that made so much money from that coin, probably because they bought earlier or these people making money from other coins.
These people attribute Bitcoin to be one of those altcoins. They don't really know much about bitcoin, they just know it as the most expensive coin and others know it as a coin that only the rich should have.
A lot of misconceptions fly when it comes to bitcoin. Whenever I hear people say something not true or accurate about bitcoin, I try to correct them and put them through if we're in a setting were we can talk calmly, but other times i just ignore.
There's actually nothing we can do to stop people viewing bitcoin as a get rich quick scheme aside educating people we can on bitcoin. Advertising altcoins as a get rich quick scheme is actually a strategy some altcoins subtly use to promote their coin.

You got a point there because decentralization is often labeled as freedom but if on topic only, this should only be related to how it works as a currency and a wrong-doing in general is always wrong. We should not use an alibi or something only to make it look like we got a point.

Not only newbies but even the experienced ones can also think of that. There is nothing wrong with it anyway because that is the reality. If we buy at the lowest possible price, there is a good chance that BTC will then pumped up.

Imagine if we also bought boat-loads of it? That should be enough to make us an instant millionaire or even billionaire. That's great if they still manage to learn it even for a quick period of time because I believe that the majority just rush on it without a knowledge in head. People like these are the ones who can get poor instead of being rich.

The more it will occur if like you said they will allocate all of their funds on it. That's crazy. Even those who have an experience already doesn't do this. They should be shy about their selves for Christ sake. Even though that's funny when they say that BTC is a scam after they fail, at least they try. It's not worse as those who call BTC a scam in an instant without even trying it.

Honestly that is a lot of the traders, they end up trying to make some money based on the altcoins they think could skyrocket very quickly, and then they realize that that is not how you make money in the crypto world but not before they lose some money.

I believe that we are going to see a lot of people make a lot of mistakes, but in the end we should realize that it is going to take a while before we could get some serious profit by investing properly, and not really do anything at all that's crazy. We need to consider the reality that it is going to cause a lot of people a lot of damage if we are not careful, if we can be careful and not make many mistakes then it is going to end up with something that could probably end up being a lot better.

With some success stories already recorded, many will continue to think in that line of thoughts because at this point we can't deny the luck factors that turn some newbies into instant millionaire from just a little effort and investing in coins aside from bitcoin, but since bitcoin is the most popular coin among other cryptocurrencies when the newbie enter the market all attention will be on bitcoin so that is why majority's believe that they can get instantaneously rich through bitcoin.
Many of them have lose alot of money thinking in that line of thoughts and being so desperate to the point of believing some scam cryptocurrency investments or trading facilities all aimed to take away their little investment, so for any body that have the zeel to really gain financial freedom, the first thing they need is knowledge and not bitcoin or other coins that are more volatile, but if you want to gamble only then you chose cryptocurrency for short term based.

Bitcoin and other crypto coins have to be viewed along it risk aspects and how willing the investor is to keep holding until the investment appreciate having in mind the possibility of losing and haven't to wait also for long time before realising that.

Even if we talk further I'm pretty sure that for those who have been in bitcoin for a long time (including myself) it is based on the same thing because it cannot be denied that profit was the initial factor that made me in bitcoin and it could be the case for almost anyone who is in bitcoin now because it was the initial mindset. But the difference is about the learning that continues to be done because after all to form a belief certainly requires understanding that can be obtained from studying bitcoin that continues so that we remain confident that we are on the path that we believe is right.

Many people eventually give up and fail in this process but in the end not a few also survive because they remain with their beliefs so for this we only need to continue to strengthen our beliefs especially when bitcoin crashes that everything will be fine because what we are aiming for is not short-term but for future investment with a longer duration.

Because some people were able to get rich with it, and still has prospects of making someone one even if so much time has already passed. It's not really anything new, in general most investors are like that, just not in the scale of hoping to go from rags to riches like some people hope for Bitcoin. I mean you can see it from what people choose to invest in. They choose investments that are already tested and proven to provide profit however small it may come. Otherwise they'd have invested in countless startups instead.

This is not new anymore since almost all those newbies who come to the market have this type of mindset, that bitcoin will make them rich in an instant. That's why we keep seeing them rushing to learn about bitcoin so they can finally invest their hard-earned funds and allocate them all to bitcoin, hoping that they will get 3x or 5x amount of returns from their capital. But just as expected, newbies are still not capable to invest due to lack of knowledge and experience, so we end up seeing them losing all their funds and put all the blame into bitcoin saying  bitcoin a big scam after all.

Isn't that point of decentralisation? We get to choose what to do with that.

Everyone has their own way of seeing Bitcoin and obviously most people see it as asset rather currency that's why we often talk it as investment which may not Satoshi really wanted but don't forget those Holders are the primary reason why Bitcoin survived so long when people expected it would reach zero.

Let the people stick to their belief, eventually they will learn their lesson once they start to invest in bitcoin and found out on their own that bitcoin takes a lot longer before profits can be realized. If they can't wait, they'll end up losing most probably.

Bitcoin in reality is never a get rich quick asset, but as long as crypto influencers have misconceptions about bitcoin, they will continue to influence the people the wrong way, unfortunately majority believed on them without verifying if it's reasonable or not.

While old bitcoin investors have proven that bitcoin will only be profitable if it's hold for quite long years, these newbies in the market who rush to invest without knowing their investment well prefer to believe that it's a get rich quick investment, hence the more you invest, the bigger chances of making massive profits.Yes it could be true, but an investor who lacks knowledge and patience will never be successful in the long run, but may continue to lose his funds even if he invested a lot in bitcoin.

That's a misconception. Although Bitcoin can help to generate profit for investors, but there are conditions attached such as being  able to generate enough capital that you will invest in Bitcoin to be able to get a significant profit, secondly is the ability to hold your Bitcoin for a long period of time and lastly is the possibility to have a job that is generating a sustainable income that can help you fill your bills while still holding unto your Bitcoin investment.

When an individual doesn't meet those conditions, they can not even become successful Bitcoin investors, talk more of gaining financial stability from Bitcoin investors.

Aside from the benefits you mentioned, the very reason why a lot are seeing this market as their saviour or gateway out of poverty is because of the notion they are getting over the net. People who are boasting their profits from this market. And once people got in, they learned that there's more than meets the eyes on how to gain profits. It is no easy feat to gain because there are other factors you need to consider before earning some of it.
Just few things you need to consider -
 > when is your entry/exit in the market
 > can you keep up monitoring this market?
 > your goal - long term or short term?
 > your need of this fund? is it your spare or not?
 > how much gain before you sell? how much loss you can afford if you need to sell?

We are all do experience on being a noob and its hard to deny that on the moment that we have started up on dealing up with cryptocurrencies, then the main thing that inside into our mind is money making. Right?
We do really have those thoughts that it would really be just that easy on making profits but on the moment or time that you do able to see those real dealings then you would be realizing into yourself that
it was never been that easy in the first place. This isnt something that would really be automatically be resolving out that poverty issue or simply trying to attain that financial stability or success on which of course
just like on typical business or investment then you would really be that definitely be still needed up to consider those common steps that you would really be needing up for you to achieve success.

The main issue for most noobs out there is that on the moment that they do experience those loses then they do immediately quit up and wouldnt really be trying out to pursue just because of those failures.
Actually dealing up with crypto does really give out that another window of opportunity for you to succeed on. Just make yourself set out those expectations to be low so that you wont really be
that get disappointed on the moment that you will really be able to face up the reality on how this market or industry works which is of course that you would really be needing up also to be wise
on different aspects.

Any Individual buying shitcoin has to be newbie as they're the ones that still think that they can make it from buying shitcoin. As for older investors that have being in the market for a long time, they know that shitcoin don't last. They get so hyped during the bull market but when the bear market comes , they'll all die as they can't withstand the harsh environment of the market during the bear season. Bitcoin is the only cryptocurrency that can give us financial stability and this is due to the fact that Bitcoin doesn't change from how it was created and built to always increase in price. When you buy Bitcoin, it won't lose value overtime and you can buy in satoshi.

Bitcoin have already been seen as a reliable digital currency which is decentralized and this alone is what makes the people realized their right towards the achievement of their privacy and financial control away from the reach of government or other regulated financial institutes.

Also, if we are to consider the multi applicational diversifications with bitcoin, whereby we can use it as a digital currency as well as an investment asset, also to have a good store of value and many other relevant benefits from the use of bitcoin, it all makes people to realize that the can achieve some certain level with their financial economy with bitcoin.

It's just like with any sort of financial instrument that has made a lot of people wealthy in any sort of way, bitcoin has done the same for quite a few people so everyone who's not very financially savvy comes in thinking "well if it worked for them then it must be able to work for me too" without doing any of the proper research/homework in to whats actually what.  I have a lot of clients who keep talking about wanting to buy NVDA stock because it had done so well, in the past.  People have a hard time looking forward.

People who think that way about Bitcoin are the ones who don't have enough knowledge about it, and if they are making investments without getting enough knowledge, they are harming themselves and not Bitcoin, Bitcoin is going to have a positive impact from this because they are spending money for it and Bitcoin grows more in value when more people invest in it.

There is no doubt that most people these days are using Bitcoin only as a way to earn money, they don't care about its use cases or what it can do, all they care about is its price and they keep an eye on whether it goes up or down, but this has made Bitcoin what it is today. If it wasn't for its increasing value, Bitcoin could never gain as much success and popularity as it has today.

That being said, I don't see any way how Bitcoin be used to better society and lessen corruption. Can you please elaborate on that?

It's hard to turn someone's mind around when there are already many who have the same mindset like this, especially for beginners.

It also cannot blame those who have such a mindset because after all it happens because of the impact of some people who have followers who indirectly provide an inaccurate understanding where being in bitcoin is an instant way without having to think about risk and will get quick profits so that when suggestions like this continue to appear then don't blame those who just have such an understanding.

But, I'm pretty sure over time it will never be brought back to those who have studied bitcoin thoroughly because seeing from my personal experience I was also in a few years when I was in the initial phase of being in bitcoin I also had almost the same thought where bitcoin was a tool that could make us benefit instantly, although it was also not entirely wrong but in the end being in bitcoin was not that sweet and I had felt a lot of things that made my initial thoughts about bitcoin as one aspect to enrich instantly it did not apply to this time.

It cannot be avoided because indeed this stigma arises due to the lack of understanding of beginners and those who are unfamiliar with bitcoin which ultimately makes conditions like this continue to be discussed and people who are in bitcoin are said to be rich.

But on the other hand this will also ultimately not be long because once again, the get-rich-quick scheme is just a thought where people who do not understand the concept of bitcoin because they are new to bitcoin but when they are serious about learning bitcoin then it will not be possible for a stigma like this to remain they say in the end.

I personally don't really care what other people say about bitcoin including get-rich-quick schemes like this because in the end when I'm in bitcoin, I just have to focus on what I'm doing instead of thinking about what other people say because it won't affect me.

You need to understand that nobody is seeing Bitcoin as a quick way to make money if they are aware about how the crypto market works. We can always make money from the market volatility and does not mean that it is a  quick way for us to make money in the market. Those that bought Bitcoin 3 years ago at the top of the market trend just get in profits not quite long which is all about being patient. Patience is the only way we can keep making money from the crypto market if we know what we want and how to get it. Cryptocurrency is more of knowing when to buy and when to sell for us to keep making consistent profits from the market. If we don't know this, we might keep waiting for a longer time for us to make profits.

It is seen like that because of its TRUST an GENUINE nature, it is difficult nowadays to put your trust on online activities and be successful . People see Bitcoin as financial stability because it does not only have to do with investment aspect,it has to do with job opportunities like involving campaigns, signatures and others with pays you weekly,which means Bitcoin has created job for the jobless mainly the youths, which even makes it easier for people to work from wherever they are connecting them together irrespective of who you are, your country or where you are from.
Alot of trusted companies are connected to Bitcoin which has made job opportunities available to Bitcoinners that do not really have a stable income or the average income earners and made them independent

Bitcoin does not inflate in price.

Your Bitcoins cannot be stolen or taken away by anyone as long as you store your seed phrase properly.

Transaction fees are very low.

You can easily send bitcoins anywhere in the world.

Bitcoin is an accepted payment method in a lot of stores.

Most importantly you can keep your ownership private, so that nobody even knows that you hold a few bitcoins.

It helps a lot of people who otherwise have to use their volatile national currency for transacting which may have limits, restrictions, or the prospect of having it all taken away.

In addition to the situational factor, I think that our choice to invest in bitcoin means that even if we ourselves want to get rich quickly, don't be so quick to criticize others without looking at ourselves. Because if we compare bitcoin with other traditional investments, it is clear that bitcoin gives much bigger and faster profits , I believe everyone knows this and that is why they choose bitcoin .
Bitcoin is not a form that helps us get rich quickly in a day or a few months, but it is clearly an investment that gets rich faster than other assets .
Bitcoin is a multi-functional asset, it has many different use cases, so there is nothing wrong with people using it for their needs. Don't try to impose our thoughts on others when we can't help them.

I do not agree with this. The main reason people invest in bitcoin is because they want to invest in something that can earn them money. Also the other reason is because bitcoin has good past records and they see it as a hedge against inflation. People already know that bitcoin is not a get rich quick and they prefer to gamble with altcoins, most especially the meme coins since last year.

Most investors who entered between 2010 and 2016 were likely very lucky if they could actually hold their bitcoin safely. What does that mean - in late 2017, they actually made huge return where currently bitcoin's ATH was hit. Of course, you can't blame them for wanting to get rich quickly by investing in bitcoin - in fact, it wouldn't take you decade to make million of dollar in profit from your huge investment in bitcoin even if you entered in 2020.

If someone invested $500K in bitcoin in March 2020 at price of $5000 per bitcoin - then today they would have made $6.4M at price of $64K per bitcoin. Imagine that it only takes them 3-4 years to get million of dollar in return from their investment in bitcoin - so sometimes wanting to get rich quickly in bitcoin investment is never wrong when compared to other physical asset which take decade.

One of the main factors behind Bitcoin's rapid adoption is the misconception people have that Bitcoin is quick rich scheme. Although Bitcoin's history suggests something like that but always treating it as a get-rich scheme is more likely to lose. Only those who know Bitcoin well and adopt it can benefit from it. Bitcoin was founded in 2009 with several goals, one of which is financial freedom. After Bitcoin became a decentralized currency people can now use it without third party interference. Any kind of foreign transaction can be completed in moments. Moreover, it has gained a lot of popularity as a trading currency at present. Everyone who held Bitcoin 9 years ago is now among the rich. People's special attention to Bitcoin will take it to greater heights. It is also considered as a symbol of economic freedom.

This is hard to remove from the minds of the people that just speculates the lives of the actual holders. They think they're all rich and that's because Bitcoin is a sort of rich quick asset.

It's a global phenomenon when people talks about money, all ears are there and that's why Bitcoin has been also became popular because it had made a lot of early adopters rich.

But, they need to realize that those holders have gone through a lot of risks, devastations, debates, frustrations about its volatility and who knows if they've quarreled for that with a family member just to keep on holding.

That's correct. A quick Google search and you'll find an abundance of examples from people who acquired Bitcoin in 2010 and forgot about them, only to find that their net worth had significantly rose a few years later. You'll also find stories such as the pizza delivery one or the thrown-away HDD in a landfill, which also add to the story by adding such publicity that makes people think Bitcoin is a get-rich-quick scheme. To be honest, you can't blame them if you're completely clueless about what it is.

There are many many more things we might come not to like but, that’s the idea of Bitcoin, it’s all encompassing, overly open to accommodate all with each user or investor having to define just how much it means to them. Some might be just some means to make money or gain financial stability, some it’s reliability and others for its decentralized nature amongst others but, all these is what makes the cryptocurrency even a more better currency than our traditional fiat. It’s a never before seen currency, let the people find some means to build their idea about it.

This is more likely to do with past success stories of people that invested peanuts into crypto and have come out with millions in the end...but unfortunately today everyone is regretting their investment decisions and believe they can catch the next wave 🌊 hence the faith in BTC

But knowing very well that lightning doesn't strike in the same place twice  I don't think BTC will make another generation of millionaires as today's markets are heavily manipulated to see a 10000X ROI...the next jackpot of an investment could come from Altcoins for all I know but it's a Wild guess!

Many people have different concepts of understanding bitcoin and its values. Most at times I will say that while people seems bitcoin as one of the financial stability is that it doesn't deal with government and government has no power of regulation of bitcoin, I think that's one of the elements that makes people to choose bitcoin more than anything that relates with business, secondly when you are dealing with bitcoin you will be comfortable than any thing.

I guess we can’t change how these people are thinking towards crypto or bitcoin particularly. But in reality, bitcoin is never a get rich quick but is only a tool that if we are completely aware on how to take it as an edge, we will definitely be heading into real financial stability in the future. As long as we know bitcoin well and we know exactly what we are doing, then leave it to bitcoin and just trust the process patiently.

The fact that social media is making thing look as if they always go well every time makes everything look good and that is one of the reasons that people always have mad interest in bitcoin, true that people will make money from bitcoin but it is not always, their is no way you will do bitcoin and you will not loss money its a big lie. and the kind of mind set that social media having given people it is when they experience it them self they know how it actually feel to invest in bitcoin. bitcoin will give you money but not the way the influencers are presenting it. and that is way anyone you are introducing should know the truth.


you know newbies are always excited to invest in bitcoin because of the things they have seen on social media, and that is why you don't need to believe anything you see on social media because social media is full of lies. and the interesting thing is that when they find out the truth that is when they will be able to decide whether they will continue to invest in bitcoin or not because if you have not invested before you wont know what others have been facing.

So many misconceptions have actually been made about Bitcoin over the years and that has led to many out there rather seeing Bitcoin for what it's not, I'm really glad to be on this forum which has helped broaden and expanded my knowledge and experience about Bitcoin such that I cannot be in such level of ideas about Bitcoin. Most times, others out there look at the success stories of others who are into Bitcoin and wants to replicate it almost immediately without evens considering the time it took for such persons to have attained such success and this has been the reason they see Bitcoin for the wrong idea.

I don't know about you but in where I live, people no longer think about bitcoin as some sort of get rich quick scheme out of many bad experiences and increased awareness of Bitcoin. Right now, what people in my locality see as the get rich quick scheme are the airdrops and other crypto games. I would say that they even now understand that is difficult to get rich quick from these air drops but they try anyways.

Bitcoin is seen as a gateway to financial stability for several reasons:

    Durability: Bitcoin is digital and cannot be destroyed, making it a reliable store of value.
    Decentralization: It operates on a decentralized network, reducing the risk of corruption and central control.
    Divisibility: Bitcoin can be divided into smaller units, making it accessible for transactions of any size.
    Portability: Being digital, Bitcoin can be easily transferred across borders without physical limitations.

These qualities can help create a more stable and equitable financial system, reducing reliance on traditional financial institutions and mitigating corruption.

I totally disagree with you; in fact, I will say that you yourself don't know what Bitcoin is all about; for you to refer to it as a platform proves it all, and those who don't know how Bitcoin operates only end up spreading misinformation, which will mislead the general public to believe that Bitcoin is what it's not. 
 
And your type of people are also the same reason why most people see Bitcoin as the ultimate poverty killer.
 
To be truthful, if you end up telling someone about bitcoin the same way you explain it here, you will only end up getting yourself in trouble if after they make a little investment and are unable to see the wealth you promise them, then you will have other explanations to give.

It would seem that time horizon is a key point in any discussion about financial stability as it pertains to Bitcoin. It would mean starkly different things to someone who invested in 2015 than it would to someone investing more recently. People coming in from traditional equities don't have a grasp of how volatile bitcoin can be. Can you imagine if the stock market had five 20% declines in the last year, as Bitcoin has had? There would be panic in the streets whereas Bitcoin has weathered these volatile events to emerge within striking distance of its all-time high. There will always be folks that buy when there is a sizable decline and then sell when there is some appreciation. The key to Bitcoin achieving $80K and beyond, is for people to take a longer term HODL attitude and not treat it as a short-term investment vehicle.

I don't like many things but I have to endure them.

There will always be people who want to make quick money and don't blame them. What would you do if you had a family to take care of and not enough money? I'm in fact happy these people choose bitcoin over some shitcoins that offer ridiculous gains of 200 or 300 % a year and there are suckers who believe they can pull it off because shiba inu or some other pepe coin went up x%

People have to grow up in crypto to understand how to make money in a safe way. Many people learned that by getting burned over and over again and going through the depression phase a few times.

It shouldn’t be seen as a get rich quick scheme but do you also know that speculations about that about bitcoin is what has brought more users of bitcoin today. I’m not trying to justify sharing of news or information that is not actually true in its real sense when looked into. Even if an information like that is shared and persuaded you to join bitcoin, at least you should learn more and see how things work here instead of relying on the actual information that got you here. That is why self learning and acquiring the right knowledge is encouraged in this space to avoid been misled by someone or make mistakes that cannot be undone in the long run. Bitcoin is just beyond what the public share about it, there are more to that and one can only know when they research more about it by themselves.

It's because others are convincing people to invest on it without explaining what it should be. There is no doubt that Bitcoin is such a good investment and store of value but what lacks with the explanation is about the get rich overnight mindset that's being formed to the listener.

While let's sink in to that, there will be people that won't change their minds for that. Bitcoin has become a distribution of wealth from the rich although it's still different from having that idea as a get rich quick scheme. There's so much to say about Bitcoin from a newbie investor but I guess that the easiest explanation is this, just invest in Bitcoin and you'll make money without doing anything.

If they look at it this way, they will be scammed with Ponzi schemes and Ponzi people because these scammers will noisily tell about Get Rich Quick chances. It is not too hard but very easy and you can achieve it with my guide.

When you fall to their sweet words and scam traps, you will lose money quickly, not get rich quickly.

Bitcoin can help you get richer but it needs time like some years, one, two or three market cycles that means you will need about 4, 8 or 12 years to get richer with Bitcoin.

If you can hold, you can get rich with Bitcoin.

If we are talking about financial stability, then bitcoin does not guarantee that. How will one attain that level of stability when the price of bitcoin is highly volatile? Bitcoin can only make you rich if you can be patient enough to allow the value of your investment appreciate so you can get profits from it. Those who were told that bitcoin is the quickest and easiest way to get out of poverty have been lied to. Getting rich is actually possible with bitcoin but then, you do not have to quit your job inorder to rely solely on bitcoin. The same bitcoin which has elevated the status of your next door neighbour can also make you so miserable if you are not lucky.

Bitcoin is a high risk investment. If at any point we intend to introduce anyone to bitcoin, we should not fail to let them know that bitcoin price is not stable therefore, they should prepare themselves for a long journey with bitcoin.

Bitcoin isnt your grandpa's money. This is the financial future. Its durable, decentralized, and it cant be controlled by anyone. This is about eliminating the middlemen, the banks, the bureaucrats - those men who have been accumulating riches off our backs for far too long. Its all about openness, folks.

Furthermore, Bitcoin allows those who have never had access to a bank account an opportunity to engage in the economy. Such sort of opportunity exists that can transform the planet. We're not merely discussing money here. We are discussing helping individuals escape poverty and provide them a genuine chance at a better life.

Still, we have to educate everyone about this. We should present them the whole picture. This goes beyond simply purchasing Bitcoin and tracking the rising count. Its about grasping this amazing technology and how it may improve our planet.

Now you got yourself into even more trouble.  Bitcoin is a Get Rich Quick Scheme that is DECENTRALIZED, DURABLE, PORTABLE and DIVISIBLE?  You monster!

Here is the deal.  Some people simply do not want to accept the truth or to have an open mind to new stuff.  These are people who barely care what Bitcoin could truly be about.  Either they finally decide to unclog their ears and listen or open up their eyes and research by themselves or they will stick to this story for how ever long enough.  Some people are simply hard to impossible to change.

As Bitcoin becomes more popular and the price increases we will see more people investing in Bitcoin for the sole reason of making profit. Words like decentralized, self custody, p2p, do not mean a thing to a person whose primary concern is profit. And that’s why many of them buy shitcoins instead.

You say Bitcoin can reduce corruption. But you did not tell us how.

The only way Bitcoin can be used to mitigate corruption in a country is through the blockchain technology. The reason why corrupt leaders get into office and remain in office is because the elections are rigged. If the electoral system is built on the blockchain, it will be impossible for the interested parties to tamper with the results.

The best way is to use bitcoin your way, you don't need to care about how others use bitcoin because you or anyone else will not be able to change that. Satoshi created bitcoin for everyone and everyone has different needs, so there is nothing wrong with them using bitcoin to get rich as long as they are happy with their decision.
Similar to a poor person and what they need is money and profits to improve their lives. You can't be selfish and force them to only use bitcoin as a peer-to-peer currency to protect their privacy when what they need is money. I agree that bitcoin is not a get rich quick tool but there is nothing wrong with people taking advantage of it in search of profit or financial stability.

Bitcoin doesn't get corrupted in a way that banknotes can get damaged or destroyed. However, considering that Bitcoin has only been around for less than 2 decades and that it is purely digital, it can be argued that its durability is questionable. The other three components make sense to me.
As for improving society and decreasing corruption, such claims need more elaboration that can explain how that can happen. Maybe some corruption risks can be reduced due to transparency of BTC transactions, for example, but that can work only if 'the elites' publicly declare their wallet addresses. As for improving society, Bitcoin can be used for charity and other important work, but so can any other kind of money.

But bitcoin was created as a completely different asset - electronic digital money, and now it is a speculative investment instrument (like it or not).

Only minimal knowledge is needed if it makes a profit: buy and hodl.

Bitcoin is known for these properties. But it is better known for its profitability.

The elite are also already interested in the bitcoin. For even greater enrichment.

This is not a quick scheme. But slow.

You cannot stop people from thinking the way they want, you just have to educate the few you come across. But one thing I would like you to understand is the fact that, there is already a narrative out there that bitcoin ownership gives you a leverage on your financial stability, So people are already in the know about the quality of asset bitcoin is, moreover this assertions are very true and authenticated.

But one thing about every society, For every information that is out there in the public, some people will want to twist it and turn it to their own parochial narrative, just to suit whatever belief system they want. So you see a lot of misformed person's wanting to invest in Bitcoin with the hope of getting back their interest in a short time, because of what they where told, not knowing that it doesn't work like that. This is reason why is always advised for you to do your own personal research and know what you're about to go into.

Most people come here because they see Crypto, Bitcoin in particular, as a get rich quick scheme.   

The hopes are that a few will pick up on and learn sound financial principles that will lead to lucrative investments and financial stability.

Financial freedom is the right term since Bitcoin offer a permission less transaction and has no limit compared to banks in terms financial management.

The financial stability on Bitcoin is case to case basis since the price is too volatility and it might inflict a negative effect on someone if invested the wrong way. But in general, Bitcoin can offer a good financial boost if they will just buy and hold.

Even people have understand what Bitcoin is and it's utilities, but if they buy and hold their Bitcoin in centralized exchanges instead of move it to non custodial wallet, they're still support the centralization and doesn't decrease the corruption or manipulation from The Elites.

Bitcoin isn't a financial stability, jobs is. If someone offer a same job from different companies, one is paid in Bitcoin and the salary is $5K/month while another one is paid in USD and the salary is $100K/month, I will choose the second one.

It is not, the one who think that it's a get rich quick scheme are the same people who are going to quit very early because it's obviously will not satisfy them. And the people that are propagating it as simply ignorant about what Bitcoin is. Or just trying to portray it in a bad way, short of saying that BTC is a scam or a Ponzi scheme. But for those the majority of us, who have been here since 2017 till now, we've learn that Bitcoin is not like that.

But it shouldn't be taken as the one who will solved every problem, it's not like a magic bean for every human issues we have like corruption or elevating a country. It could be a hedge though to inflation and preserved our wealth and everyone can jump on the bandwagon, from the elites and wealthy people to average joe like the majority of us here.

Due to its profit potential as an investment of course. However, this impression is not advisable. Look at how volatile the market price of Bitcoin; it moves depending on volume and demand which means there's no certainty of its market value whether it would go up or not. Also, how would you define financial stability? For me it is a state where someone has no problem with daily expenses and other bills including needs and wants. Bitcoin is a profitable investment but profit won't be taking place on a daily basis. This misconception is also why many people are in panic whenever a crash is happening. No single investment could give you a financial stability unless you are having millions of worth into it. But if you are a casual investor then this expectation might not be met, unfortunately.
Corruption is with leaders of a country and no currency will be stopping its occurence simply because doers are responsible of it and also, that's something which has been long existing with many countries.

why people do see Bitcoin as the gateway to get rich it's because it's the most profitable platform in the world, and when it comes to the market Bitcoin it's the best ever to make exchange. Infant Bitcoin is a life changing investment platform anyone that invest in Bitcoin never goes broke if only he knows how Bitcoin works, so I would say Bitcoin is the fastest way to get rich and it can also solve the problem of the society that if only the government makes it to be regulated and centralized in the societies.

They just fall into something where they expect to much on bitcoin since they heard the information if not came from scammers to those people hyping much bitcoin then show their big gains to people. That's the reason why other people create a fantasy that their dream to became rich might came true if they also invest on bitcoin.

Bitcoin should be known as what you have mentioned since there are good qualities of bitcoin that can really give good advantage to people who use it. But also we can't deny the fact that there are chances for holders to earn especially if they know what they are doing and knowledgeable enough on how to handle well their accumulated bitcoins.

Bitcoin is not a gateway to financial stability. Bitcoin is an asset that it's value increase over long period of time. Unlike the fiat from the government.

You are right that bitcoin should not be seen as a get rich quick asset, but I do not agree that it can lessen corruption. What will lesson corrupt is from how the government structure the government in a way corruption can be reduced significantly.

Bitcoin is seen as a gateway to financial stability because that's what they have been told to believe. The testimony of how Bitcoin has made people move from being poor to becoming wealthy overnight is what most people have conceived in their minds before coming into Bitcoin.
 
The first information you had about something left the person with the decision of what they would believe, so to answer your questions directly, one of the main reasons why some see bitcoin as a means of escaping poverty is because of misinformation. Until they make their own research, some will still live on with that belief.

We can’t blame the people seeing bitcoin as an instant gateway to being rich simply because the social media influencers are instilling that kind of mindset to them, which I believe is very wrong. And as long as the demand for social media is still there, people will never realize that but will continue to believe that bitcoin could be the key for fast financial stability and security.

However, I don’t mean to generalize all newbies are thinking like that, but the fact that most of the newbies these days get aggressive to learn bitcoin so they can invest or trade, that proves that these people are completely convinced that bitcoin is a get rich quick to achieve financial stability.

I really do not like the idea of people seeing Bitcoin as some form of get rich quick scheme or something like that. Everyone is just willing to invest in Bitcoin without having proper knowledge of what it is they are doing.
Bitcoin should be known for it's qualities such as
Durability, decentralized, divisibility,and portability..
And how it could be used to better the society, and lessen corruption from our Elites.
It shouldn't be seen as some get rich quick scheme or so.