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Author Topic: The poor people with their reasoning  (Read 1975 times)
Sayeds56
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August 11, 2023, 06:10:46 PM
 #241


Privilage, is a path that makes it easier for someone to achieve success.
If illustrated, it would be the same thing as 2 people walking in a tall building. 1 person takes the elevator to get to the highest floor (which is then called privilage), while the other person he has to climb one by one the stairs to get to the highest floor.

Excellent example. Your illustration beautifully captures the concept of privilege. The existence of such privileged class does indeed raise concerns for those who diligently strive to raise their societal standing. Nevertheless, it is the responsibility of the governments to enact essential laws and regulations that guarantee every citizen of the country equal opportunities for education and employment, regardless of their racial background, social position or language..

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August 11, 2023, 07:24:26 PM
 #242

No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

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The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

It's actually quite a rude stance you've taken, claiming that "poor people" don't want to "invest" in bitcoin. First off, the clue is in the name and these people do not have a lot of money going around to start - often barely covering their expenses on a regular basis and potentially going into debt in certain ways. These are the people who can least afford to gamble with their money, which is what you're suggesting with them buying Bitcoin. It is still up for debate whether people are investing or speculating in crypto, but ultimately the only way to profit with crypto is to sell the coins you bought to someone else at a higher price - which may not always happen. It's not like a company share, which still has risk involved, but could possibly pay you out the company profits along the way and if the share price just stood still, you could sell it to someone else and still gain.


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August 11, 2023, 07:55:42 PM
 #243

In as much as they are being persuaded and convinced to invest,it is meant to be understood that  criticism cannot win them over to do the needful.

The approach to investment on the poor has to be understood as everyone out there falls into different circumstances...it isn't very easy for them to meet up to high standards.
So it is necessary for everyone to deal with issues amicably for a better society.
I want to encourage them to invest but it's not that easy to do. Words can encourage them but situation divides their decisions and the reality is settling them that they've got other important needs to spend their money on and despite the desire to invest, they just can't.
Putting oneself into the shoe of the real poor, you'll get to understand that they've got bare enough to survive. We can set aside about our will to encourage them into investing because they have to prioritize first the food that they can bring to their table. Someone who's living well can easily say that the poor needs investments to become wealthy but it's not really what it is. The real situation will make you understand that circumstances are there and even if you push them hard to, that's not going to change their situation real quick.
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August 11, 2023, 08:06:11 PM
 #244

Honestly, I have been poor, and I mean like really poor as in I didn't know if I would be able to eat dinner or not that day, and I can tell you that most of it came from sickness. My nation has free healthcare, think about how much medical world costs that if hospital is free, and medicine is free, how could you still go broke if you fall ill? Well every little other thing costs that money, first of all the hospital was free but there were situations where you were charged, its not %100 free, its like %80 free but there are some stuff that are out of coverage, and medicine is the same thing, some drugs are free, but some of them are expensive, but aside from that the time lost when you could have worked and made money spent at hospital means no income, and even constantly going to hospital and coming back is a travel expense when you do it daily, plus all the meals and such you might have to take. Combine all these together, have 3-4 sickness in the family that took time, and suddenly you are quite poor.

Thank good we have been doing fine for a few years now, hence I was able to earn enough, my current job is amazing, my boss is the greatest boss the world has ever seen, he is the greatest human as well, not just like a boss, but also as a person he is the nicest person I have ever had the chance to meet, he is amazing. So we work together, and I have been saving some money, I still have some debt I have to pay, but I am doing better at least.

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August 11, 2023, 08:25:45 PM
 #245

In as much as they are being persuaded and convinced to invest,it is meant to be understood that  criticism cannot win them over to do the needful.

The approach to investment on the poor has to be understood as everyone out there falls into different circumstances...it isn't very easy for them to meet up to high standards.
So it is necessary for everyone to deal with issues amicably for a better society.
I want to encourage them to invest but it's not that easy to do. Words can encourage them but situation divides their decisions and the reality is settling them that they've got other important needs to spend their money on and despite the desire to invest, they just can't.
Putting oneself into the shoe of the real poor, you'll get to understand that they've got bare enough to survive. We can set aside about our will to encourage them into investing because they have to prioritize first the food that they can bring to their table. Someone who's living well can easily say that the poor needs investments to become wealthy but it's not really what it is. The real situation will make you understand that circumstances are there and even if you push them hard to, that's not going to change their situation real quick.
The truth is that poor people are skeptical to every investment that comes their way , especially when trying to explain an investment for them. They are very conscious about risk and so afraid of going into an investment because of the risk.  I don't really blame them because of how they feel about every investment,  the reason for these doubts they have toward every investment is because they just have little money which can only give them food for the day. To them it will be too painful for them to lose the little they have that is why many of them prefer to spend money just to afford food than to take risk which they may end up losing their money at last. This common character of being skeptical in poor people can't be taken off.

R


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