Being a Bitcoiner Boosts Financial Literacy and Personal Growth

[aoluain]

Well I can confirm that I am more financially literate because of two moves I made
in the past....

1.) Becoming a Bitcoiner and
2.) Joining the forum

I would also like to add that I wouldnt be the most literate financially but I know more now
that I did before particularly about inflation, quantitative easing and the benefits Bitcoin
offer about being your own bank.

Also listening to Michael Saylor has been a revelation for me in the past.

[bluebit25]

(...)What do you guys think. Are the findings of the study relatable in your experience, or that of someone you know on this forum or elsewhere?

Yep, this problem is actually what I witnessed here, also happened to me. Before joining Bitcoin, I didn't know much about financial knowledge, but my exposure to Bitcoin helped me learn more about the financial system.

I once told a friend that what we get from Bitcoin is not only profit but also comes with a lot of different knowledge. There were times when I studied a lot of things and realized that the nature of some things is based on standards, and changes in the process of adaptation. Anyway really grateful to Bitcoin, it helps me a lot in life.

[Ndabagi01]

What do you guys think. Are the findings of the study relatable in your experience, or that of someone you know on this forum or elsewhere?

Looking back through the years I have been here, what I have learnt and how it has impacted my life outside of the forum is really relatable to all what you’ve said in this post. This place is a forum of bitcoin discussion primarily but it has helped me in many ways beyond just knowing about bitcoin and cryptocurrencies. How I relate with people in the outside world and online, how I envision things and how I also deal with my financial intuition has also greatly changed being in term of privacy, security and management. All thanks to the forum for making me a student of learnt in this great university of knowledge called bitcoin talk forum. These are the few that comes to my mind now, but I just know it has really impacted a lot in me that I couldn’t have asked for something better elsewhere.

[oktana]

I agree that it boost financial literacy. Bitcoin has made me learn about several things I wouldn’t have wanted to learn voluntarily. It has also made me understand how finance works in countries and what really happens between us and the bank and government. And Bitcointalk made it even more interesting because I’ve learnt even more.

[jrrsparkles]

It is obvious that we tend to grow knowledge on something where we show our interest whether it's Bitcoin or anything and about the financial literacy which is completely true cause if we have to understand bitcoin completely then we should understand about

• money,
• what is the difference between centralization and decentralization
• What is inflation

And many more of these topics will really give an idea of what is the real reason behind the existence of bitcoin and decentralization.[/list]

[kryptqnick]

I fully agree with the op. Over many years on this forum, I've really boosted my understanding of Economics and the world of finances, well beyond what I would have known otherwise. I had an Economics course at university, but I've learned much less there than I did gradually by reading various articles to understand the context of various discussions on this forum better. It's really nice to see that this isn't just my experience but the result of an academic study.
As for additional things, I think I've always been intellectually curious and valued other things above material possessions, but I suppose the volatility of Bitcoin and learning to accept it did contribute to emotional stability.

[Die_empty]

What do you guys think. Are the findings of the study relatable in your experience, or that of someone you know on this forum or elsewhere?

The impact of this forum on me cannot be overemphasized. Unlike in school, where we were just taught theoretical knowledge without linking it to real-life experience, this forum transfers practical knowledge. Bitcoin knowledge has taught me patience, attention to detail, and the importance of doing research.

I reside in a place where people want to get returns from investment within a few months, but my orientation has changed because this forum has made me believe in long-term investment. You cannot use a wallet or protect your Bitcoin without paying attention to details. You will have to be careful when sending money because a single mistake can cause losses. Unlike bank transactions, where you will have the option of seeing the account number, bank, and account name, Bitcoin transactions are just an address. Bitcoin knowledge also instills the attitude of verifying information before believing. I can never invest in any project without doing extensive research because of the knowledge I gained here.

[Mrbluntzy]

Undoubtedly, what you have said is the truth in my own case. Since I became active on this forum and have been reading the old topics on this board and other boards of the forum, I have gain a packed knowledge about Bitcoin different from when I was not yet on this forum. I already knew about Bitcoin before joining the forum but I didn't know things that I have gotten to know after joining the forum.