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valentin68 (OP)
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July 23, 2019, 10:16:27 AM
Merited by TimeTeller (1)
 #1

In 1999 PayPal was invented. Until then there was no commerce, there was no goods production in the world. Immediately the world economy started to improve. People started to produce TVs, phones, clothes, homes. But there were no sufficient money to buy these goods.

 Then in 2010 a very gentle person (a very good mathematician Satoshi Nakamoto) invented the bitcoin. Bitcoin was that money necessary for every person in this world to buy those goods.

 Until 1999 I was earning approx 30 USD/month working 8 hours/day. Then in 2010 because Satoshi Nakamoto invented the bitcoin, my earnings started to improve. I have 7 phones, 7 TVs, etc  (this is no joke).

Those money very necessary for the people to buy goods were created.  Who could imagine that today I could send 10 dollars in 30 seconds to a person on the other side of the World?

Who could imagine that this 10 USD that i am sending can be used immediately to buy whatever the person that receives them has dreamed?

 

   
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July 23, 2019, 10:28:09 AM
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 #2

Then in 2010 a very gentle person (a very good mathematician Satoshi Nakamoto) invented the bitcoin.

actually the "invention" was in 2008 and release was in 2009. and i don't think we can call Satoshi a "mathematician"! he was just a programmer who was familiar with concepts of cryptography and usage of hashcash as proof of work.
https://en.wikipedia.org/wiki/History_of_bitcoin

because Satoshi Nakamoto invented the bitcoin, my earnings started to improve.
it depends on how you earned the extra income! if it was just as your investment gave you profit then you just contradicted your whole topic talking about currency aspect of bitcoin. if it was some business you started because of bitcoin and used it as its medium of exchange then your topic makes sense.

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July 23, 2019, 01:32:31 PM
 #3

Things have changed alot since the invention of Bitcoins but there are still a lot of things that need change in the field of Cryptocurrencies one of which is making Bitcoin a globally accepted form of payment. We need government to join hands with us and make this dream come true.

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July 23, 2019, 02:33:44 PM
 #4

Crypto is now just a child, looking a little further, with the open trade situation around the world, the forms of domestic payment did not meet the needs of consumers. Blockchain is the key to solving everything when just one click, the money to be transferred is available in the account, worldwide as long as there is internet. This helps the commercial industry will develop strongly and have breakthroughs of human nature

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July 23, 2019, 02:35:15 PM
 #5

To the need something innovative comes into existence and as a result bitcoin came to the real life usage. There can be more key persons into the development of bitcoin, but Satoshi revealing the Whitepaper of bitcoin gave him all the credits. In my view at one point Op is wrong, even before PayPal and bitcoin there was commerce, manufacturing sectors and all sectors which contribute to the economy. These payment portals and the technology has helped with easing the process through modern technology overcoming the classic functioning.
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July 23, 2019, 03:32:17 PM
 #6

Can you provide more details why are you gaining more money just because BTC?
I'd like to know the relation of BTC and your income increase

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July 23, 2019, 04:07:41 PM
 #7

I believe that the real revolution of cryptocurrencies will emerge with the creation of companies and perhaps the countries of their central blockchain coins or at least using this technique for banking services.
More than a billion people in the world do not use banks but have access to the Internet, triggering more resources and creating more and more jobs.
As for local currencies, I expect their value to decline over time.

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July 23, 2019, 04:16:24 PM
 #8

I always be glad to see people can able to increase their standard of life use bitcoin and you were improve your earning through cryptocurrencies which is the results of it very much better than your previous salary so this is good and can motivate people to be like you but if you provide more about your method how to earn more from cryptocurrencies whether it trading or anything else i think that's more good

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July 23, 2019, 11:11:08 PM
 #9

Cool story. I guess you are just one example how bitcoin really help or improved someone's life because they involved themselves in crypto. Just look at how those early adopters, majority of them became millionaires.

And this might be a drawback as well, I mean government is clamping it down, afraid to give people enough financial freedom and getting money out of thin air.  Grin
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July 24, 2019, 05:45:11 AM
 #10

Can you provide more details why are you gaining more money just because BTC?
I'd like to know the relation of BTC and your income increase

I am a physicist.  When I was a child I had good tutors at Mathematics, Physics, French and English. My mother paid half of her salary to these tutors 10 years.

I help children with their homework. Children do not have money.
 When the bitcoin was invented, the money in the market started to grow, and my earnings started to improve. There were more children paying for homework help.
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July 24, 2019, 08:32:59 AM
 #11

In 1999 PayPal was invented. Until then there was no commerce, there was no goods production in the world. Immediately the world economy started to improve. People started to produce TVs, phones, clothes, homes. But there were no sufficient money to buy these goods.

 Then in 2010 a very gentle person (a very good mathematician Satoshi Nakamoto) invented the bitcoin. Bitcoin was that money necessary for every person in this world to buy those goods.

 Until 1999 I was earning approx 30 USD/month working 8 hours/day. Then in 2010 because Satoshi Nakamoto invented the bitcoin, my earnings started to improve. I have 7 phones, 7 TVs, etc  (this is no joke).

Those money very necessary for the people to buy goods were created.  Who could imagine that today I could send 10 dollars in 30 seconds to a person on the other side of the World?

Who could imagine that this 10 USD that i am sending can be used immediately to buy whatever the person that receives them has dreamed?

 

   

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July 24, 2019, 08:49:49 AM
 #12

In 1999 PayPal was invented. Until then there was no commerce, there was no goods production in the world. Immediately the world economy started to improve. People started to produce TVs, phones, clothes, homes. But there were no sufficient money to buy these goods.

 Then in 2010 a very gentle person (a very good mathematician Satoshi Nakamoto) invented the bitcoin. Bitcoin was that money necessary for every person in this world to buy those goods.

 Until 1999 I was earning approx 30 USD/month working 8 hours/day. Then in 2010 because Satoshi Nakamoto invented the bitcoin, my earnings started to improve. I have 7 phones, 7 TVs, etc  (this is no joke).

Those money very necessary for the people to buy goods were created.  Who could imagine that today I could send 10 dollars in 30 seconds to a person on the other side of the World?

Who could imagine that this 10 USD that i am sending can be used immediately to buy whatever the person that receives them has dreamed?

 


We are glad that your economic situation has improved over the years. But what has been described here has nothing to do with the process of the invent of Paypal and Bitcoin. What you are talking about is more about inflation and the development of the economic process.

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July 24, 2019, 03:10:45 PM
 #13

Cool, this is one of the advantages of bitcoin where bitcoin can make economic equality in the world. Before bitcoin was created, economic equality was only a national scale and this was not effective, especially if the country was a country with a lower economic class it would be difficult to get even distribution.

Then in 2009, bitcoin emerged as a hero, where government regulation did not limit it, where everyone has financial freedom, where everyone can get free bitcoin. Well indeed, this is bitcoin, which is a new financial future.

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July 26, 2019, 03:18:58 AM
 #14

Cool, this is one of the advantages of bitcoin where bitcoin can make economic equality in the world. Before bitcoin was created, economic equality was only a national scale and this was not effective, especially if the country was a country with a lower economic class it would be difficult to get even distribution.

Then in 2009, bitcoin emerged as a hero, where government regulation did not limit it, where everyone has financial freedom, where everyone can get free bitcoin. Well indeed, this is bitcoin, which is a new financial future.

There has been some wealth redistribution thanks to Bitcoin, but nothing remotely resembling "equality".

If anything, this was a massive wealth making machine, and some of the spills could reach the bottom. But the divide is there, a small group made good fortune, all the early investors who didn't make mistakes. those who came late are only getting the leftovers.

While the early adopters got thousands of BTC, we the late comers are left struggling for a few satoshis. And it can only get worse.

This is not Bitcoin's fault, Bitcoin did NOT came to create economic equality, but it does gives us a solid coin so that people can at least get another chance and actually start saving for the future without being robbed again and again by the politicians or the banksters.

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July 26, 2019, 04:20:04 AM
 #15

In 1999 PayPal was invented. Until then there was no commerce, there was no goods production in the world. Immediately the world economy started to improve. People started to produce TVs, phones, clothes, homes. But there were no sufficient money to buy these goods.

 Then in 2010 a very gentle person (a very good mathematician Satoshi Nakamoto) invented the bitcoin. Bitcoin was that money necessary for every person in this world to buy those goods.

 Until 1999 I was earning approx 30 USD/month working 8 hours/day. Then in 2010 because Satoshi Nakamoto invented the bitcoin, my earnings started to improve. I have 7 phones, 7 TVs, etc  (this is no joke).

Those money very necessary for the people to buy goods were created.  Who could imagine that today I could send 10 dollars in 30 seconds to a person on the other side of the World?

Who could imagine that this 10 USD that i am sending can be used immediately to buy whatever the person that receives them has dreamed?

 

   


the phenomenon of digital currency or cryptocurrency seizes public attention. Up-and-down drama that is appreciated by market sentiment, makes the crypto currency a hot talk. Since deciding to use bitcoin, one type of digital currency in 2009, it has been flavored with horrendous drama. Starting from increasing the value that increases to the commotion that arises to discuss legal issues in a country. It turns out that crypto currency also makes a person's life journey so sweet and envious of others. Digital assets developed in 2009 were like gold, but only available in the digital world. The concept might sound like eGold, even though it's actually a lot different. we can get bitcoin by buying and mining. Then after that we can do tranding to create profits, from these benefits we can change our economic conditions, after the benefits are obtained we will feel a prosperous life from bitcoin.

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July 26, 2019, 06:09:33 AM
 #16

In 1999 PayPal was invented. Until then there was no commerce, there was no goods production in the world. Immediately the world economy started to improve. People started to produce TVs, phones, clothes, homes. But there were no sufficient money to buy these goods.

 Then in 2010 a very gentle person (a very good mathematician Satoshi Nakamoto) invented the bitcoin. Bitcoin was that money necessary for every person in this world to buy those goods.

 Until 1999 I was earning approx 30 USD/month working 8 hours/day. Then in 2010 because Satoshi Nakamoto invented the bitcoin, my earnings started to improve. I have 7 phones, 7 TVs, etc  (this is no joke).

Those money very necessary for the people to buy goods were created.  Who could imagine that today I could send 10 dollars in 30 seconds to a person on the other side of the World?

Who could imagine that this 10 USD that i am sending can be used immediately to buy whatever the person that receives them has dreamed?
  

OP, you are exaggerating most of the statements that you are making.

1. "In 1999 PayPal was invented. Until then there was no commerce, there was no goods production in the world."  Wow, I guess the people were living on farms and we had no imports and exports prior to 1999 and there was no credit card payment for eCommerce used on the internet?  Roll Eyes

2. "I could send 10 dollars in 30 seconds to a person on the other side of the World?" What Bitcoin are you using that confirms transactions in 30 seconds? Yes, the Lightning Network has near instant transactions, but it is not on-chain.  Roll Eyes

Yes, Bitcoin has improved international remittance, but global payments with other methods are also done within a couple of seconds. <on the user side with PayPal and credit cards>  Tongue

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Delos
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July 26, 2019, 06:39:33 AM
 #17

One another piece of Star Trek is now reality.
CryptoInsights
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July 26, 2019, 07:01:36 AM
 #18

People started to produce TVs, phones, clothes, homes. But there were no sufficient money to buy these goods.
   

One who can not afford TV, phones, clothes can afford to buy Crypto or take risk of trading? Huh Things change only to those how go beyond limits and take risk and work hard. This is my way of looking at things.

maxreish
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July 26, 2019, 08:02:55 AM
Merited by valentin68 (1)
 #19

I want to congratulate you if this true. You've met bitcoin when it was newly invented and that is your advantage. 30usd before is enough but in today's daily expenses, you can't survive by that amount of money in a month. Good thing, you invested bitcoin and that you are experiencing the fruit of your labor. More success to you, buddy.
TheUltraElite
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July 26, 2019, 08:32:43 AM
 #20

I believe that bitcoin can make many strong hands people to have stable life in the future. I really do hope so.
Bitcoin is not the magic pill to poverty, buddy. It is a monetary system which is decentralized and censorship resistant but that has nothing to do with removing poverty or improving lives of people. In other words, the rich people will remain rich and the poor will remain poor. You see those who are rich will buy more bitcoins than what the poor people can. In the end the price will rise so high that the poor people can only dream of buying a few satoshis while the rich ones will dump at huge prices.

How crypto will encounter poverty is something that is not the focus of discussion but it is a good investment, I agree considering the price range variation.

R


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