Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.
Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
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@charteroakpublic
- a Telegram channel with leaks from premium sources like Palm Beach Confidential
Bitcoin is safer to use and no one knows how much money you have, Thus it reduce thef, It protect us from banks service charges of sending and receiving money. |
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In the study of economics, Investment mean any addition in physical stock as well as stock of finished goods, or you can say any putting money in anything for the motive of profit.I want to know your opinion that what are main challenges for small investors in any type of business now a days, If he/she has nothing after his investment?
Small capital, big capital, whatever capital you are starting with all balls down to how you are able to manage it. I have seen a lot of people starting with small capital and they were able to increase it over time due to their huge knowledge on how to manage their investment whereas I have also seen people with a lot of capital to start and nothing still came out of it as they all ended up drowned with bad management. The little challenges of starting with small capital may be there as you may not be able to quickly get yourself running as you may have planned but that does not mean you still cannot utilize the little you have for your benefit. You are right, In my opinion the best strategy is to diversify investment portfolio and must have plan b and c for any kind of difficulties |
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hopefully in the poor countries, they will be taught how to earn a cryptocurrency in their government. For other uses, give them an android phone or PC to use. to help them in their country's economy .. thanks.
This forum is one of the best example and it help everyone to to learn and ask everything freely, But in poor countries mostly governments are corrupt and they don't want poor people to grow and give Warning to cryptocurrency users. |
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This is a Chinese proverb; "Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime." It would be best not to just recklessly give money to the poor, I think it would be better to teach them how to work on the field they are good at, and when they are better, let the government give them jobs.
If we avoid to give something to beggers more and try to create earning opportunities for people that don't want to beg but want to do something through help of friends and family, Then this is also better way. For example if someone have not money to invest and he/she is willing to do something but he/she have nothing so we can help him/her through contribution of friends and family. In this way of help he/she can start new life. This is better than to give those that decided to beg till death or those that can work but still beging. We should only give beg to those that truly deserve and try to create opportunities for others, We can also start business and create employment opportunities. |
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In the study of economics, Investment mean any addition in physical stock as well as stock of finished goods, or you can say any putting money in anything for the motive of profit.I want to know your opinion that what are main challenges for small investors in any type of business now a days, If he/she has nothing after his investment?
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The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?
The problem of Africa isn't really poverty sincerely speaking (sincerely writing, actually). Our problem in Africa is Bad Leadership which has easily occasioned corruption and insincerity of purpose. These stupid and bereft of ideas leaders can do anything just to remain in power and arrogant to themselves dictatorial powers and wealth. About what to do globally to better the world economy? I am afraid not much can be done about that as perpetually there will continue to be poor people in parallel to rich people. It has always been that way from time immemorial. But that isn't to say we shouldn't attempt at helping out. We can start by cleaning and helping out at our individual corners. We can spread the bitcoin opportunities to those poor around us to coax them to key into it. But don't be surprised if those you tell spit your help out before your presence in refusal. I am agree with you at some points. This best way to change things is to have better law and order situation in every country equally for poorer to richer people and from common man to president, When there will be better law and order situation in any country, Then there will be better and peaceful environment and and it will attract foreign investors to invest in that country and with investment, new employment opportunities can be created, Main problem of poor countries is that they have not strong law and order situation and due to governments policies forigen investors avoid to invest and trade. As per my research, I have seen much poverty in bad law and order countries. |
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I am happy with the current market trend, it shows that crypto market has stabilized somehow and its a sign of safe market. After 2-3 months it will be good to invest again, just wait and watch where it goes.
Look at the past history and price charts, Most of the Altcoins dropped after July season, The best time to invest is now. After 2,3 months we will see same trend again, News FUD etc |
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On the side of the government, we should change their minds with these digital coins, we should provide legal frameworks that facilitate both investors and companies. we are more cleve
Digital coins are not solution of this problem, Most of the people are illiterate and they don't know anything about internet and usage of these coins, Lack of education is also problem and mostly labours are uneducated. |
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One of my worst ICO investment this year in clearcoin, The price is dropped 75% from my buying, tokens are badly dumped, no big exchange.
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why digibyte not in coinbase? not in binance?  nobody takes seriously this coin...  needs to get in big markets or will perish. why not grow i need my money back  invested in 10 cents/DGB and it crashed. i sense a scam.  If the price of coin dropped than its mean it's scam You have no idea what u are saying, If you bought at high price than its ur mistake. Dec of this coin is working from 4 years. |
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The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?
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Guys,
Totally new into this forum. I would like to know about some foods you advice which is really helpful to build good health.
Thanks for your reply.
protien food like fish, Spanish chicken, mine, vegetables and fruits like banana, Apple etc. Avoid junk foods like 🍔 sandwiches etc because these food creates fat and health problems. |
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This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.  Banks are just for keep your money safe!  Banks are making money from investors money, They set high interest rate when they give loan to others and give small interest rate to invrstors. Bank also invest investors money to other type of physical business. |
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When is the accurate date of Mainnet realise, It's almost 1 year and very slow progress. Many other icos have delivered their product after exscudo.
There is no hard date when mainnet will get launched but I hope very soon that big news will come. Although it took very long time to reach this milestone I think it will get nice value after successful launch. How can you say it will hit nice value after the launch, The ICO price was 20k satoshi and i think with current situation it will not be easy to reach at that price. |
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