Topic: World changing and those who don't adopt this Will stay poor - page 5. (Read 1033 times)

The most important thing for me is that we must adapt well to any changes that occur in the future. We must be prepared to learn every new thing that arises. Whether it's about technological advances and such. A CBDC that will utilize Blockchain which in my opinion will only make the digital version of fiat holders easier to track and easier to control. Even if CBDC is fully implemented it could make everyone who intends to hide their wealth switch to using physical gold. So that it cannot be read by digital systems. CBDC in each country seems to have its own way of utilizing Blockchain. In fact, I have heard that several countries are collaborating with Ripple to create a CBDC for their country's currency.

And regarding tokenization I also read the news accidentally while looking for potential altcoins. Namely, one of the Altcoins that has its own network, namely Avax, seems like they are collaborating with a large company for a project like tokenization or something like that. I even read that JP Morgan was in the text of the news.

So the most important thing is that we have to be good at seeing opportunities and be more flexible in adapting to changing times. So that we don't miss the train and can continue to have stability in the economy.

This is a well crafted story or prediction but thanks I am not buying it, and please erase that weird feeling that CBDC and the government can make anyone rich, I can promise you that they will prefer to ruin the lives of many if they can but thanks to Bitcoin they can't really do it, and if CBDC or the government comes out some day with their own blockchain I will pass, because I don't trust these people for a bit.

Even if CBDC goes blockchain, they can only back the Fiat currency, no one is ever going to get rich out of this, because it's stable coin or let's say fiat currency in the digital currency uniform, nothing special, nothing profiting from this, there is also nothing to call investment here.

You are the one that needs to do some research before making posts on the forum, you don't understand what CBDC is and you lack the information on what they plan to do, either it's going to fail or succeed, they won't be doing it for someone like me, like I've said before, I will pass.

longevity of a thread is just a tintinbabulation (sound) to many users here but the message is what everyone is interested in.

Op change is constant and it comes unknowingly and knowingly. And if one does not adopt to the new changes then he will become poor is not true. I will disagree with you on that. There are other thing the person will do to become rich. It is only the idle mind will poor forever.  

And CBDC will be a country dominated innovation yet it can not over come bitcoin, but it will still be as it is. That is the way we use bitcoin with the fiat currency will be like that. And mostly the countries that have not adopted bitcoin will use the two alongside but those countries that have adopted bitcoin it as legal currency will use bitcoin more.

First of all the topic itself is offending as you cannot predict one to remain poor when you never knows about your future.

CBDC has nothing to do with crypto as it's as good as digital payment you make which is completely controlled and it's centralized unlike crypto, why such hype for this? Their main objectives is to somehow stop people from adapting to Crypto and just because they use blockchain it won't change anyone's life and even if there is any impact on price of crypto to this then it would be temporary one just like how there is very little impact on Doge whenever Elon tweets about them.

It's a trap if we assume CBDC is going to have positive impact on crypto and NFTs are the biggest scam and joke I have ever come across and cannot even imagine in wildest dreams that rela estates will be based on that.

It has always been this way. Whoever adapts faster wins. In the economy as well.

Thank you, my hero. I'm already grateful. What would I do without you.

You're probably damn right here. CBDC will inevitably dominate the world.

Have central banks whispered this in your ear?

I expect that CBDC's will be created on their own blockchains. Using other project's blockchains will make CBDC dependent on other projects. Central banks don't need this at all. I don’t see any connection between the appearance of CBDC and the rise in price of known cryptocurrencies. Another scenario is possible: a fall in the prices of most cryptocurrencies due to the hegemony of CBDC.

It's good that you told us this big secret. By the way, how do you know this, I would like to ask.

There will always be poor people and that's a fact. It is impossible for everyone to become rich.

Can you be more specific here? What do you know about "wall st and finances"? What's your background, pro?

Bitcoin will not be "all over the world one of the main things". This is impossible. But CBDC is already possible.

Can say whatever you want. Only words supported by facts matter.

It's good that I'm not one of them.

The old banks will die out on their own. This is a natural course of evolution. This is exactly where your post began - those who don't adapt will be squeezed out of the market. This is exactly what will happen to banks.

What does ethereum have to do with it? No bank will work on this blockchain. Here are my predictions. Central banks don't need dependence on Buterin and the others.

You can start laughing, since you already know everything in advance.

"Elite and rich people" won't tell us the truth, but you will definitely tell us, won't you?

The earlier people recognize this, the better for them. Like they say; change is constant. But what they haven’t really said is how you’ll fall out if you don’t have the flexibility to change to the current system. Let’s use camera as example; going back to when taking photos began, it took some minutes to get your photos, and when you pose for the photo and the camera clicks, you’re paying (no preview). The world has evolved from that to now that we use digital cameras. photos are not just faster (instant) and clearer but also reviewable, in fact, photos are now printed digitally. Now a photographer who doesn’t adopt this change will fall out of business. This is the same as every other thing. Even the Bitcoin transaction today, some people adopt it because that’s the new technology and you have to be in the game so you’re not left behind. Change is constant and we need to have an open and flexible mind that can let us change for the better.

Bitcoin is the evolution of money, I really agree with that statement, so when there are those who still reject the change or evolution of money, that person has been left far behind, Bitcoin is unique even though currently the majority still don't understand Bitcoin completely and broadly. bitcoin has attracted the attention of large investors, bitcoin has changed many people's lives for the better, bitcoin has made it easier to send large amounts of money easily between countries, there is much more good that has been created due to the emergence of bitcoin and it all indicates that bitcoin is the future for the world.

I don't care about that CBDC, and I don't even believe in that, to be honest. Why should I understand? Even without that, I have already been given the opportunity to earn here in the cryptocurrency business industry. And so far, it continues.

And the Cbdc was also created by manipulators so that they can control all the communities of cryptocurrency, or bitcoin; that's how simple it really is to understand, while Bitcoin and crypto are clearly created for decentralization so that no one can control the assets they want. Let's hold on for a long time.

I understand what you meant op, but the creation of this bitcoin was for a purpose and I believe that the mean purpose was decentralization which does not allow any entity or institution to have control of this currency, security with the help of secured wallet, personalized identify, if all this purpose are been defeated then it not long what we think it is, I don't think the government will have lower to control this currency, every one will continue to have a say as far as Bitcoin is concerned, note, the reason why many nation has not adopt bitcoin is the centralized nature of it, the government always want something they can censor and stuff they can control, we know that Bitcoin does not permit that, this is the challenge bitcoin is facing in terms of adoption.

The world is changing is true and we should update us according to the changing of time. Otherwise we will not be able to keep up with the world and will be left behind in development. It is a fact that nature always wants to change. And compare the difference between the world a hundred years from today and the world today, and you will understand the change.Similarly, bitcoin currency is the name of a change and an economic revolution. After the launching of bitcoin, how many sub coins have come and how many more will come in the future. No one can predict. So in the field of business and trade, we should welcome the better change.

I do agree with your statement,  the world keeps changing and we needs to change alongside to quickly adapt the new ways otherwise we will be left behind. More than a decade ago btc came into the picture to revolutionize the financial system and introduced a new and alternative way of transactions, many people were against it initially but now people are willing to accept it just to keep up with this changes.

The world is changing, but some things will not change, like for example that there will always be rich and poor, that will remain so forever... What is perhaps also sad in many ways, it seems that we cannot hope for equality between people.

We all know how the world is working, we all see this "become rich" forcing through generations, but where is the end? I guess we know that we can't all be rich, so when the race for money ends? Damnd money and race for money, we are spending life and energy on money instead on something else...

So will be knowing these things help you become rich?

I think the problem is that people, society, the earth, the universe,... are always working, so don't overemphasize the story of change, or rather, our adaptation.
Some terms are mentioned here, but they really aren't the basis for your future orientation. I think if not this field, we still have countless other professions out there, so some technologies are only applied on a small scale, so they don't have much value.

And instead, if you want to receive wealth, balancing your current life is the secret.

that's right, people who don't accept bitcoin are currently far behind compared to people who have accepted bitcoin in their lives, investing in bitcoin is actually quite easy, it's just that FUD is often spread by some individuals, making bitcoin look scary  , those who are afraid and unwilling to accept bitcoin now will regret their delay when the price of bitcoin hits $100k.

   The economy of the world deteriorates all over and not just in Nigeria, the only difference is that ours seems like a higher degree of  hardship considering our starting point which was already below the right standard of living. Inflation keeps occurring, cost of living increases, survival rate decreases, financial plans altered to shit the nature of the economy that isn't fixed.
   The way life was lived years back is certainly not the-same way it's lived now. It's only a fool that'd still act ignorant to the changes in the economy and still would want to live at the standard he lives when things were positive than it is now, in no time, that person would become less than wretched because the rate at which the economy will eat up his assets, incomes and investment he's been so proud about without making proactive measures to secure it and keep it booming will be so rapid. The solution for everyone at this times would be to retrace our steps, go back and redraw our blue print of financial growth, re-strategize and let the plans work in hand with the current economic situation too.

So, looks like I'm going to stay poor, holding my bitcoin, while other "rich" folks run around with phone wallets full of CBDC, NFT and whatever else they come up with in the next 20 years.

Let's see how this post ages and who comes up on top. The people who support questionable progress, like ICO's, IPO's, bitcoin forks because the new king is coming, Eth flippening when it becomes more popular than bitcoin, and other dumb things like when people tell me they "invest in stable coins" or when they were saying that this or that was great... There was a time people told me Luna is a great coin, I even had a friend who told me in 2021 that he was buying Hex...

I will stay poor and you will get rich by holding pictures of apes, penguins and tokenized real estate. Come by in a few years to post a picture of your Lambo.

A little too hard to adjust on how the world works right now, considering that inflation’s at an all-time-high right now and jobs are becoming even harder to come by, so while it’s great that we’re spreading awareness and letting people know that if you want to invest in bitcoin, the best time to start is now, we need to drawbthe line between spreading awareness and fearmongering upon people who do not have the proper capabilities to invest in any form of crypto right now. It’s pathetic and paints a bad impression of how the crypto community operates.

This one in particular, while garnering a catchy title, is a little tongue in cheek and lacks empathy towards these people that I’ve mentioned.

Because we have to, and innovation makes the humanity survive all the challenges and solving the problem of the limited resources slowly but surely. Technology grows a lot and for the past decades we’ve seen it evolve for the benefits of everybody, we’ve seen some companies who didn’t adapt technology and now they are no where to be found. Let’s adapt change and continue to grow, this technology slowly hitting the main stream and its not too late to adapt crypto, there’s still a lot of time and don’t waste it.

We have to maintain a dynamic approach to life, and become  an opportunist who is smart enough to adopt quickly to changes and make the best use of them as they happen, with that approach, you will always get the best benefits from any new development. People who allow themselves to be left behind whenever there is a new development always find it hard to catch up much later.

Bitcoin is an advancement, and people who are yet to understand what it is and the benefits are already behind.

Even when CBDCS becomes popular and widespread in its usage, It’s highly unlikely properties would lose its value overnight and wealth would then be dependent on your crypto assets.
“World wealth and all the resources will be soon distributed to crypto holders”. That’s another unlikely scenario when CBDCS becomes widespread. The mere thought of it is really absurd as you’re implying people who aren’t crypto holders(that’s a lot of people)would go totally broke overnight.


I guess we should be extremely grateful for you to tell us the poor and average folks the truth.  We would have never guessed this in a million years.