Although everyone thinks that cryptocurrency is freedom, everyone cannot control cryptocurrency.
Point of correction Kiley33 bitcoin cannot be controlled or regulated by anyone, that's the freedom Bitcoin offers to the world. Satoshi nakamoto was a revolutionary and the creation of a decentralized currency was his gift to the cause of true freedom. Cbdc on the other hand are a different matter, cbdc are as bad as fiat
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I can't speak for the rest of the population. But I am a crypto investor and I am very happy investing in bitcoin. Bitcoin changed my life literally and I'm a strong believer in bitcoin. Aside from the monetary value bitcoin is a revolutionary technology. I don't know any stock investor so I can't compare the two investments.
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It's not like everyone is given an equal opportunity, people who think like this are privileged and is out of touch on what it's like to be poor, remember that the price of goods and services are increasing and it's not like the salary of poor and middle class workers go up so it seems that they will probably stay that way until a reform happens.
It was being said that poor people become poorer while rich people become richer. The mentality of the people matters in their status of life, like if your rich will simply think that you have to use your money to be richer, while the lower class will be just satisfied with what they've got today and never make a dream to become rich. It is really hard to reverse the situation but if we wanted to have a change, it must be started by ourselves and with some kind of determination. On the contrary I don't think poor people are contented with the situation of their finances. They just don't know how to get out of the maze, they work four jobs and still have little or nothing to show for it. Being poor ultimately means a poor education. There aren't many opportunities out there
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I believe that a child has two basic factors that influences and shapes their mindset; family, environment. If one comes from a poor family and poor background chances are you learn very early that life isn't fair to the poor. I think the rough environment strengthens you for the real world and anyone who makes it out of the poverty line is always better for it
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I first came to know of bitcoin from a friend. He is a chatterbox and wouldn't stop talking about bitcoin. I didn't fully understood what he was talking about so I made excuses not to buy. After some months I decided to give this bitcoin thing a try. I created my first bitcoin wallet and bought my very first bitcoins
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Its not necessarily a bad thing. I think it's part of the whole experience. You're going to a casino to have a great time not necessarily to become a millionaire. Its part of the thrill going to las vegas...casinos and beautiful women. It's good business strategy to employ pretty girls in the casino and this strategy is used by banks and marketing companies who employ beautiful, smiling women at the cashier desk. It does seem to be the modus operandi of all casinos as I am yet to see one with majority of male workers
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MicroStrategy and Tesla are very vocal about their interest in bitcoin. I believe other institutions are stacking bitcoins secretly and do not want it to be in the open. Companies are evolving to incorporate crypto as one of their store value or safety net. I recently watched a video of Michael Saylor saying he borrowed millions of dollars from the bank to buy bitcoin although the bank didn't know what the money was for. So yeah I think more companies are stacking bitcoins under the curtains
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Yes more positive government policies like El salvador accepting bitcoin as a legal tender can help to grow the price of bitcoin as it will promote mass adoption of bitcoin. Negative policies like China bans Bitcoin mining can do the exact opposite, we expect a dump. Typically, every good trader pay attention to the news to see where the market is shifting to. For the record I believe there are more negative government policies against Bitcoin
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Trading is risky business underneath the success paraded by successful traders are losses and bad days. Newbies do not realise this before jumping into the crypto market hence the excitement. Excitement can be a dangerous emotion when trading. And also amateur traders expect to make huge profits with little capital.
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I don't think its fair to assume that it easier to hodl if you are already rich. The rich also have problems too (the degree may be different) same as every person on planet earth. A person's hodling power doesn't depend on what how much he owns in the bank. It's all about discipline and self control. I think the advantage the rich have over the poor and middle class is the opportunity to share the same class as whales and prominent investors
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It is in our very nature to hate what we do not understand. Bitcoin is a cutting edge technology that is not owned by anyone. This scares the government and banks, that fear is then passed through the media houses to the people hence the tension. There is a thin line between fear and hate and so to mask their fear they pour in hate... they call bitcoin a scam, an invention of Russian spies and so on. Others get their hate from bad investments in crypto, probably they were scammed or invested in fake ICOs and blame bitcoin for their ignorance
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The price of Bitcoin does not have the greatest impact on the forum, but the enthusiasm and contribution of users to the forum itself.
Debatable. Bitcoin's price changes are likely to have the biggest contribution to loss, and gain of users. Most users signing up on the forum nowadays, seem to have the motive of eventually earning via a signature campaign, and while that's not a bad thing at all, part of our continuous success will be partly to the potential to earn here which includes signature campaigns, and other forms of earnings. Enthusiasm for the majority of users will likely be tied to the current Bitcoin price or the potential of it rising. Theoretically, if Bitcoin had an expiry date that it was no longer profitable, that enthusiasm would likely quickly disappear. I was going to say the same thing but you beat me to it. It would be arrogant to believe that the price of Bitcoin does have not the greatest impact on the forum. Bitcoin was the reason why the forum was created in the first place. A bull run fuels the energy of members to contribute to the forum and also boosts the influx of the new members into the forum. I am confident there are statistics to support this fact.
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Whatever you hear isn't a financial advise. Crypto market is well known for it's volatility. Imo Bitcoin is more stable than alts this is this why Bitcoin remains the favorite asset for holders. Alts are good for short term gains for traders. When there is a Bear market, bitcoin may fall 20% and alts would do x50% or more. Btw I think this topic is more suitable for altcoins discussions
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Your friend should educate you more on what the forum is really about. Earning money can be motivation but you won't last long if that's the sole purpose you are here. There's more to the forum than signature campaigns and bounties. Explore the forum I'm sure you will find something that pricks your interest. If you have some sort of skill or service you think you can offer to the community, you can search the service board. But before you create another thread please read the sticky threads Forum Rules Merit & new rank requirements Rank and Activity
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I think a rich person always holding wealth over their fundamental demand, it’s can be unlimited wealth like their demand.
Wealth is transgenerational( that is it can be passed from one generatoon to another). Wealth is what they call "old money" like the Kennedys, Rockefeller, e.t.c Wealth is assets and investments built overtime. It is sustainable. You don't acquire wealth by winning the lottery you might get rich but not wealthy. Having a million $$ in your bank account qualifies you as a rich person but that can quickly change in less than five months. I prefer to be wealthy
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FTkRW6CB%2FScreenshot-20210804-095722-2.png&t=663&c=Ec1i-oFz880z7w) ] This image illustrates the power of Bitcoin, how it has and will liberate the masses from the slave masters. Last year businesses all over the world were forced to shut down, economies were disrupted by covid-19. We were made to believe this was for our safety and we bought it. That's how powerful these guys are
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A slave is only a slave in his mind. The freedom of a slave begins when he stops to see himself as a slave. You could take the chains off him and set him free but he remains a slave because it has become his identity. He knows how to be nothing else. This is same for people who are stuck on traditional currencies, they don't want to open their mind to Bitcoin or any crypto currencies because they remain slaves to the old master. Bitcoin offers freedom to the masses. We are modern slaves to the government and the banks. One spends years working one's back off to pay mortgage to the bank. I truly understood the power of money when I learned about bitcoin. During war, countries would first of all block the trading routes of their enemy in order to weaken their economy and starve them. Money can liberate and enslave
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Plagiarism is easy. Lazy people like taking the easy route. They see a article with good material that might help them get some merits and boom! Copy and paste. There may be a little paraphrasing here and there to make the work look original. Copying someone's work without citing a reference to the original poster is a slap to the face.
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Money! Money! Money! That's all newbies (or alts who claim to be newbies) are concerned about these days. Even when a campaign is reported as fraudulent, members continue to apply and promote the campaign. These are the future legendary members we are going to have in the years to come. I know its incredible and rare to get paid for what you post but if there was no signature campaign or bounties involved, would you still be in this forum? If your answer is a yes then its not really a big deal whether you're limited to lesser campaign opportunities as a junior member.
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