Why is Bitcoin seen as a gateway to financial stability?

[Sonia_123]

It is seen like that because of its TRUST an GENUINE nature, it is difficult nowadays to put your trust on online activities and be successful . People see Bitcoin as financial stability because it does not only have to do with investment aspect,it has to do with job opportunities like involving campaigns, signatures and others with pays you weekly,which means Bitcoin has created job for the jobless mainly the youths, which even makes it easier for people to work from wherever they are connecting them together irrespective of who you are, your country or where you are from.
Alot of trusted companies are connected to Bitcoin which has made job opportunities available to Bitcoinners that do not really have a stable income or the average income earners and made them independent

[Wakate]

I really do not like the idea of people seeing Bitcoin as some form of get rich quick scheme or something like that. Everyone is just willing to invest in Bitcoin without having proper knowledge of what it is they are doing.
Bitcoin should be known for it's qualities such as
Durability, decentralized, divisibility,and portability..
And how it could be used to better the society, and lessen corruption from our Elites.
It shouldn't be seen as some get rich quick scheme or so.

You need to understand that nobody is seeing Bitcoin as a quick way to make money if they are aware about how the crypto market works. We can always make money from the market volatility and does not mean that it is a  quick way for us to make money in the market. Those that bought Bitcoin 3 years ago at the top of the market trend just get in profits not quite long which is all about being patient. Patience is the only way we can keep making money from the crypto market if we know what we want and how to get it. Cryptocurrency is more of knowing when to buy and when to sell for us to keep making consistent profits from the market. If we don't know this, we might keep waiting for a longer time for us to make profits.

[Raflesia]

I really do not like the idea of people seeing Bitcoin as some form of get rich quick scheme or something like that. Everyone is just willing to invest in Bitcoin without having proper knowledge of what it is they are doing.
Bitcoin should be known for it's qualities such as
Durability, decentralized, divisibility,and portability..
And how it could be used to better the society, and lessen corruption from our Elites.
It shouldn't be seen as some get rich quick scheme or so.

It cannot be avoided because indeed this stigma arises due to the lack of understanding of beginners and those who are unfamiliar with bitcoin which ultimately makes conditions like this continue to be discussed and people who are in bitcoin are said to be rich.

But on the other hand this will also ultimately not be long because once again, the get-rich-quick scheme is just a thought where people who do not understand the concept of bitcoin because they are new to bitcoin but when they are serious about learning bitcoin then it will not be possible for a stigma like this to remain they say in the end.

I personally don't really care what other people say about bitcoin including get-rich-quick schemes like this because in the end when I'm in bitcoin, I just have to focus on what I'm doing instead of thinking about what other people say because it won't affect me.

[red4slash]

It's hard to turn someone's mind around when there are already many who have the same mindset like this, especially for beginners.

It also cannot blame those who have such a mindset because after all it happens because of the impact of some people who have followers who indirectly provide an inaccurate understanding where being in bitcoin is an instant way without having to think about risk and will get quick profits so that when suggestions like this continue to appear then don't blame those who just have such an understanding.

But, I'm pretty sure over time it will never be brought back to those who have studied bitcoin thoroughly because seeing from my personal experience I was also in a few years when I was in the initial phase of being in bitcoin I also had almost the same thought where bitcoin was a tool that could make us benefit instantly, although it was also not entirely wrong but in the end being in bitcoin was not that sweet and I had felt a lot of things that made my initial thoughts about bitcoin as one aspect to enrich instantly it did not apply to this time.

[Webetcoins]

People who think that way about Bitcoin are the ones who don't have enough knowledge about it, and if they are making investments without getting enough knowledge, they are harming themselves and not Bitcoin, Bitcoin is going to have a positive impact from this because they are spending money for it and Bitcoin grows more in value when more people invest in it.

There is no doubt that most people these days are using Bitcoin only as a way to earn money, they don't care about its use cases or what it can do, all they care about is its price and they keep an eye on whether it goes up or down, but this has made Bitcoin what it is today. If it wasn't for its increasing value, Bitcoin could never gain as much success and popularity as it has today.

That being said, I don't see any way how Bitcoin be used to better society and lessen corruption. Can you please elaborate on that?

[ChiBitCTy]

It's just like with any sort of financial instrument that has made a lot of people wealthy in any sort of way, bitcoin has done the same for quite a few people so everyone who's not very financially savvy comes in thinking "well if it worked for them then it must be able to work for me too" without doing any of the proper research/homework in to whats actually what.  I have a lot of clients who keep talking about wanting to buy NVDA stock because it had done so well, in the past.  People have a hard time looking forward.

[Doan9269]

Bitcoin have already been seen as a reliable digital currency which is decentralized and this alone is what makes the people realized their right towards the achievement of their privacy and financial control away from the reach of government or other regulated financial institutes.

Also, if we are to consider the multi applicational diversifications with bitcoin, whereby we can use it as a digital currency as well as an investment asset, also to have a good store of value and many other relevant benefits from the use of bitcoin, it all makes people to realize that the can achieve some certain level with their financial economy with bitcoin.

[irhact]

As Bitcoin becomes more popular and the price increases we will see more people investing in Bitcoin for the sole reason of making profit. Words like decentralized, self custody, p2p, do not mean a thing to a person whose primary concern is profit. And that’s why many of them buy shitcoins instead.

Any Individual buying shitcoin has to be newbie as they're the ones that still think that they can make it from buying shitcoin. As for older investors that have being in the market for a long time, they know that shitcoin don't last. They get so hyped during the bull market but when the bear market comes , they'll all die as they can't withstand the harsh environment of the market during the bear season. Bitcoin is the only cryptocurrency that can give us financial stability and this is due to the fact that Bitcoin doesn't change from how it was created and built to always increase in price. When you buy Bitcoin, it won't lose value overtime and you can buy in satoshi.

[Mahanton]

I really do not like the idea of people seeing Bitcoin as some form of get rich quick scheme or something like that. Everyone is just willing to invest in Bitcoin without having proper knowledge of what it is they are doing.
Bitcoin should be known for it's qualities such as
Durability, decentralized, divisibility,and portability..
And how it could be used to better the society, and lessen corruption from our Elites.
It shouldn't be seen as some get rich quick scheme or so.

It cannot be avoided because indeed this stigma arises due to the lack of understanding of beginners and those who are unfamiliar with bitcoin which ultimately makes conditions like this continue to be discussed and people who are in bitcoin are said to be rich.

But on the other hand this will also ultimately not be long because once again, the get-rich-quick scheme is just a thought where people who do not understand the concept of bitcoin because they are new to bitcoin but when they are serious about learning bitcoin then it will not be possible for a stigma like this to remain they say in the end.

I personally don't really care what other people say about bitcoin including get-rich-quick schemes like this because in the end when I'm in bitcoin, I just have to focus on what I'm doing instead of thinking about what other people say because it won't affect me.

We are all do experience on being a noob and its hard to deny that on the moment that we have started up on dealing up with cryptocurrencies, then the main thing that inside into our mind is money making. Right?
We do really have those thoughts that it would really be just that easy on making profits but on the moment or time that you do able to see those real dealings then you would be realizing into yourself that
it was never been that easy in the first place. This isnt something that would really be automatically be resolving out that poverty issue or simply trying to attain that financial stability or success on which of course
just like on typical business or investment then you would really be that definitely be still needed up to consider those common steps that you would really be needing up for you to achieve success.

The main issue for most noobs out there is that on the moment that they do experience those loses then they do immediately quit up and wouldnt really be trying out to pursue just because of those failures.
Actually dealing up with crypto does really give out that another window of opportunity for you to succeed on. Just make yourself set out those expectations to be low so that you wont really be
that get disappointed on the moment that you will really be able to face up the reality on how this market or industry works which is of course that you would really be needing up also to be wise
on different aspects.

[AmoreJaz]

Bitcoin have already been seen as a reliable digital currency which is decentralized and this alone is what makes the people realized their right towards the achievement of their privacy and financial control away from the reach of government or other regulated financial institutes.

Also, if we are to consider the multi applicational diversifications with bitcoin, whereby we can use it as a digital currency as well as an investment asset, also to have a good store of value and many other relevant benefits from the use of bitcoin, it all makes people to realize that the can achieve some certain level with their financial economy with bitcoin.

Aside from the benefits you mentioned, the very reason why a lot are seeing this market as their saviour or gateway out of poverty is because of the notion they are getting over the net. People who are boasting their profits from this market. And once people got in, they learned that there's more than meets the eyes on how to gain profits. It is no easy feat to gain because there are other factors you need to consider before earning some of it.