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Author Topic: Do Not Blame Bitcoin, No Government Want To Make Its Citizen Millionaire  (Read 1271 times)
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January 24, 2020, 02:37:54 PM
 #121

Op is complaining without even knowing how the fiancial system works. First of all, a government cannot simply impose a x10 increase of wages or $100 per hour. Many businesses will be closed if op is to be followed. And there are also no guarantees that if higher wages is imposed a big part of it will flow to the crypto market.
There are reasons in to which the Government does not make the wages of people high. One of the reason is it would disrupt the economic state due to high pay means high demand on goods and services because a lot of people would spend their money in it causing for a higher prices because supplies and services are deemed to be not enough due to the fact that consumers or worker's wage are high.
It seems for what it is written in the OP that he is not really asking the government to print money and pay people 10x their wages what he is asking is that the governments pass laws that forces businesses to pay that amount of money, but if governments did that then we will see massive unemployment as they fire anyone in their business that is not essential, we are already seeing something similar since computers are so much cheaper and if you tried to raise wages like that then they will have an even bigger incentive to fire almost everyone.
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ice098
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January 24, 2020, 02:58:21 PM
 #122

Op is complaining without even knowing how the fiancial system works. First of all, a government cannot simply impose a x10 increase of wages or $100 per hour. Many businesses will be closed if op is to be followed. And there are also no guarantees that if higher wages is imposed a big part of it will flow to the crypto market.
There are reasons in to which the Government does not make the wages of people high. One of the reason is it would disrupt the economic state due to high pay means high demand on goods and services because a lot of people would spend their money in it causing for a higher prices because supplies and services are deemed to be not enough due to the fact that consumers or worker's wage are high.
It seems for what it is written in the OP that he is not really asking the government to print money and pay people 10x their wages what he is asking is that the governments pass laws that forces businesses to pay that amount of money, but if governments did that then we will see massive unemployment as they fire anyone in their business that is not essential, we are already seeing something similar since computers are so much cheaper and if you tried to raise wages like that then they will have an even bigger incentive to fire almost everyone.
But the point here is the government are allowing us people to pay taxes for some good reasons like donating food, cloth and other things for those poeple who encounter calamities. Is in it that good enough reason for paying tax? We should understand that they also use our taxes in a good way although they are corrupt politicians who takes advantage.

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January 24, 2020, 03:23:00 PM
 #123

--snip

It should be, if the government has a rich society, the government will not spend a lot of budget on poor people. but is increasing wage a solution?
it will cause some negative and positive impacts. but the negative impact will be more unemployment if the company is unable to pay high wage and they will cut off work rights. we must change the mindset and not demand too much, because there are also many people who invest in bitcoin without having a job.
Increment in regular payment of a job is not always a solution. And yes I do agree there must be a change in mindset of people by not demanding too much from the work and the services we get. We at least get a wage but there is population which are wholly dependent on bitcoins where we don't even get a fix pay. Instead for asking a higher wage let's help poor ones who don't even have a job and nor can invest in bitcoins.

Cryptocurrencies offer a huge list of jobs and it really makes it easier for unemployed peoples to find a suitable job. You can even earn cryptocurrencies by investing into them or actually even if you don’t invest into them by working as a freelancer or offering any kind of service.
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January 24, 2020, 03:51:17 PM
 #124

Do Not Blame Bitcoin, No Government Want To Make Its Citizen Millionaire

Just listened that UK new pm has increased the wages of UK employees a few cents per hour, Laughed. When the wages will be small, how you may claim that bitcoin may hit $100K or even a million? People only invest a portion of their money in Crypto, And the government pays a very small amount around $11/per hour. Can this small amount make bitcoin to hit over 100K or a million USD?

If these governments want to make their people rich, they could increase their wages to upto 10 times, around $100/per hour. When wages will be high, more amount of money could be invested in Crypto.

I hate this, even programmers are forced to work in less budget. When dollars and other currencies are free to be printed and their value will not be reduced even if they are printed a lot more, then which ant is enforcing and stopping the governments to force their employees to work in a low budget?
That is why i hate the governments.
Why do they not want to see their citizens become millionaiers? I think a answer to this question would end up on the taxation.
Government wants to imply as much tax as possible from the citizens but bitcoins would never allow peoples to pay their taxes because of them being decentralized and because hence government does not allow peoples to use bitcoins.
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January 24, 2020, 03:58:00 PM
 #125

--snip

It should be, if the government has a rich society, the government will not spend a lot of budget on poor people. but is increasing wage a solution?
it will cause some negative and positive impacts. but the negative impact will be more unemployment if the company is unable to pay high wage and they will cut off work rights. we must change the mindset and not demand too much, because there are also many people who invest in bitcoin without having a job.
Increment in regular payment of a job is not always a solution. And yes I do agree there must be a change in mindset of people by not demanding too much from the work and the services we get. We at least get a wage but there is population which are wholly dependent on bitcoins where we don't even get a fix pay. Instead for asking a higher wage let's help poor ones who don't even have a job and nor can invest in bitcoins.

Cryptocurrencies offer a huge list of jobs and it really makes it easier for unemployed peoples to find a suitable job. You can even earn cryptocurrencies by investing into them or actually even if you don’t invest into them by working as a freelancer or offering any kind of service.
People are demanding towards their incomes or salaries because sometimes what they get from a stable job is not yet enough for their daily finacial needs due to continues price increase of various commodities and fare hikes so you you cant blame the people to demand because their monthly income is not totally enough. How much more here in the crypto world if it is your only job how can you provide your families basic commodities if you will earn less than what you deserve.
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January 24, 2020, 05:16:54 PM
 #126

--snip

It should be, if the government has a rich society, the government will not spend a lot of budget on poor people. but is increasing wage a solution?
it will cause some negative and positive impacts. but the negative impact will be more unemployment if the company is unable to pay high wage and they will cut off work rights. we must change the mindset and not demand too much, because there are also many people who invest in bitcoin without having a job.
Increment in regular payment of a job is not always a solution. And yes I do agree there must be a change in mindset of people by not demanding too much from the work and the services we get. We at least get a wage but there is population which are wholly dependent on bitcoins where we don't even get a fix pay. Instead for asking a higher wage let's help poor ones who don't even have a job and nor can invest in bitcoins.

Cryptocurrencies offer a huge list of jobs and it really makes it easier for unemployed peoples to find a suitable job. You can even earn cryptocurrencies by investing into them or actually even if you don’t invest into them by working as a freelancer or offering any kind of service.
People are demanding towards their incomes or salaries because sometimes what they get from a stable job is not yet enough for their daily finacial needs due to continues price increase of various commodities and fare hikes so you you cant blame the people to demand because their monthly income is not totally enough. How much more here in the crypto world if it is your only job how can you provide your families basic commodities if you will earn less than what you deserve.
It is the best opportunity to make yourself financially stable by working even one or two hours daily. If you want to do some small scale trading or free lancing you can do that even with your job. It will not take your much time or effort, but before involving in any such activity, first make yourself aware from the nature of the job is it really an opportunity or you are just wasting your energy for some frauds. So be careful!

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January 24, 2020, 06:28:47 PM
 #127

Do Not Blame Bitcoin, No Government Want To Make Its Citizen Millionaire

Just listened that UK new pm has increased the wages of UK employees a few cents per hour, Laughed. When the wages will be small, how you may claim that bitcoin may hit $100K or even a million? People only invest a portion of their money in Crypto, And the government pays a very small amount around $11/per hour. Can this small amount make bitcoin to hit over 100K or a million USD?

If these governments want to make their people rich, they could increase their wages to upto 10 times, around $100/per hour. When wages will be high, more amount of money could be invested in Crypto.

I hate this, even programmers are forced to work in less budget. When dollars and other currencies are free to be printed and their value will not be reduced even if they are printed a lot more, then which ant is enforcing and stopping the governments to force their employees to work in a low budget?
Government want to their citizen always become poor person where look benefit looking for many worker with their company project, how come if bitcoin become legal payment and investing transaction and give much profit for their citizen, where does government looking for many worker and how to pay with higher salary every hours.

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January 24, 2020, 06:46:19 PM
 #128

I'm pretty sure most countries would love to have their citisens well-off since they can tax them a lot more. Also, making a mandataory wage increase to a huge sum may leave the country's economy paralyzed, as it's not easier said than done and there are other factors being taken into account here and not just the cost of living of the worker. If that's how easy it is then I guess everyone could have done it already and we all be enjoying with tons of money in the bank.

Investing is an option wage earners can choose if they want to at least step-up their way of living. Not everyone is successful in doing so and not everyone has the knowledge about it, but there's always a way out. Bitcoin *could* be it, but not all people are ready to handle it.

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January 24, 2020, 10:24:46 PM
 #129

Do Not Blame Bitcoin, No Government Want To Make Its Citizen Millionaire

Just listened that UK new pm has increased the wages of UK employees a few cents per hour, Laughed. When the wages will be small, how you may claim that bitcoin may hit $100K or even a million? People only invest a portion of their money in Crypto, And the government pays a very small amount around $11/per hour. Can this small amount make bitcoin to hit over 100K or a million USD?

If these governments want to make their people rich, they could increase their wages to upto 10 times, around $100/per hour. When wages will be high, more amount of money could be invested in Crypto.

I hate this, even programmers are forced to work in less budget. When dollars and other currencies are free to be printed and their value will not be reduced even if they are printed a lot more, then which ant is enforcing and stopping the governments to force their employees to work in a low budget?
Government want to their citizen always become poor person where look benefit looking for many worker with their company project, how come if bitcoin become legal payment and investing transaction and give much profit for their citizen, where does government looking for many worker and how to pay with higher salary every hours.
Not really. The government has never wanted their citizen to always become poor nor rich that they all just wanted to have a balance economy to avoid any problems in the economy of their country like scarcity. Just always remember that the government don't really want to help the poor and the rich, all they think about is making the laws and themselves.
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February 01, 2020, 07:21:03 PM
 #130

I'm pretty sure most countries would love to have their citisens well-off since they can tax them a lot more. Also, making a mandataory wage increase to a huge sum may leave the country's economy paralyzed, as it's not easier said than done and there are other factors being taken into account here and not just the cost of living of the worker. If that's how easy it is then I guess everyone could have done it already and we all be enjoying with tons of money in the bank.

Investing is an option wage earners can choose if they want to at least step-up their way of living. Not everyone is successful in doing so and not everyone has the knowledge about it, but there's always a way out. Bitcoin *could* be it, but not all people are ready to handle it.
I have no doubt that governments are responsible of many of the problems of the world but we must also recognize that the reason most people are not successful are for reasons of their own making, people make all kind of economic mistakes which cause them to not reach their goals, they buy stuff they do not need, they get in debt for useless reasons, they have kids they cannot afford and so on, so if anyone makes mistakes like that then it is obvious he will not make a lot of money.
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February 01, 2020, 11:49:51 PM
 #131

Waoh, this is a great thought by you. No Government want to make her citizen rich and here come a digital gold that opposed this assertion by giving power back to the people to determine their level of financial freedom

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February 01, 2020, 11:57:40 PM
 #132

I'm pretty sure most countries would love to have their citisens well-off since they can tax them a lot more. Also, making a mandataory wage increase to a huge sum may leave the country's economy paralyzed, as it's not easier said than done and there are other factors being taken into account here and not just the cost of living of the worker. If that's how easy it is then I guess everyone could have done it already and we all be enjoying with tons of money in the bank.

Investing is an option wage earners can choose if they want to at least step-up their way of living. Not everyone is successful in doing so and not everyone has the knowledge about it, but there's always a way out. Bitcoin *could* be it, but not all people are ready to handle it.
I have no doubt that governments are responsible of many of the problems of the world but we must also recognize that the reason most people are not successful are for reasons of their own making, people make all kind of economic mistakes which cause them to not reach their goals, they buy stuff they do not need, they get in debt for useless reasons, they have kids they cannot afford and so on, so if anyone makes mistakes like that then it is obvious he will not make a lot of money.

very true! the path of a person depends on the person himself. the government can't give all the requirements of its constituents. if they will rely on their government's support, i don't think people who are successful today are on their position right now. it takes hard work, determination and a lot of effort to achieve what you want in life. every person can carve his own path, he can either choose the opposite way but he should know the consequences of his actions.
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February 02, 2020, 07:01:12 AM
 #133

That sounds so ridiculous. "States do not want people to live well." After all, the government is the same people as we are. Why did it happen that some people control others. More likely not quite so. Why do we let the destructive system control us? After all, we are all the same, we all want happiness and peace, so why not start doing it? Bitcoin has given the idea of freedom to many people. Therefore, I suggest starting with ourselves. Promote and use bitcoin in our life.
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February 02, 2020, 09:13:55 AM
 #134

Waoh, this is a great thought by you. No Government want to make her citizen rich and here come a digital gold that opposed this assertion by giving power back to the people to determine their level of financial freedom
I see many governments who do not know that many of their people are still rich and these rich people I think are still good with the government because they are still making tax payments but indeed bitcoin can never be controlled by the government even there is no tax bound by bitcoin and currently the government is still trying hard to be able to control the circulation and use of bitcoin.

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February 02, 2020, 09:23:53 AM
 #135

That sounds so ridiculous. "States do not want people to live well." After all, the government is the same people as we are. Why did it happen that some people control others. More likely not quite so. Why do we let the destructive system control us? After all, we are all the same, we all want happiness and peace, so why not start doing it? Bitcoin has given the idea of freedom to many people. Therefore, I suggest starting with ourselves. Promote and use bitcoin in our life.

Government are so controlling, that is why.

Even with the decentralization of cryptocurrencies, the usage of Bitcoin and others are so small that is why we are still using other payment methods particularly fiats. In our country, we can't really promote cryptos as a lot of people are suspecting it for being a fraud or a scam.
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February 15, 2020, 05:14:56 AM
 #136

Our world has its own economic laws. It is impossible to increase wages to citizens of the country simply by the desire of the government. The economy of the state must be balanced. The government can increase salaries, that is, state budget expenditures only when revenues increase. Otherwise, inflation will rise sharply and the state economy will collapse. Not everything is as simple as it seems at first glance.
Bitcoins are subject only to supply and demand. They work very differently than the currency of any state and therefore will never become the official currency of a particular state.
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February 15, 2020, 09:36:18 AM
 #137

Do Not Blame Bitcoin, No Government Want To Make Its Citizen Millionaire

Just listened that UK new pm has increased the wages of UK employees a few cents per hour, Laughed. When the wages will be small, how you may claim that bitcoin may hit $100K or even a million? People only invest a portion of their money in Crypto, And the government pays a very small amount around $11/per hour. Can this small amount make bitcoin to hit over 100K or a million USD?

If these governments want to make their people rich, they could increase their wages to upto 10 times, around $100/per hour. When wages will be high, more amount of money could be invested in Crypto.

I hate this, even programmers are forced to work in less budget. When dollars and other currencies are free to be printed and their value will not be reduced even if they are printed a lot more, then which ant is enforcing and stopping the governments to force their employees to work in a low budget?
We shouldn't really blame anyone if you want to blame someone you should blame yourself.
It doesn't matter how much you would be paid at your work if you couldn't manage your money well then it would be useless.
Effort and hardwork makes it possible for a person to be rich and we have seen it so many times.
We need to find a way to make some money not to be slave by it.
Don't blame the government if others could do it then why can't you?
spike420211
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February 15, 2020, 07:13:19 PM
 #138

I would change your title. The state really does not want to make one of its citizens a millionaire, but at the same time, it does not prohibit him from becoming one.
However, what the state really does not want to do is increase the number of human freedoms.
The state always seeks to suppress human freedom so that it works for the state all its life, gives the best years to the state, working in its factories and infrastructures.
FlightyPouch
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February 15, 2020, 10:07:52 PM
 #139

We need to find a way to make some money not to be slave by it.
Don't blame the government if others could do it then why can't you?

Why can't we blame them? They are taking advantage of the position they are in. They want to save themselves not save the country they are in. You can't expect someone to just be good with the money they are earning since in the first place, they are being paid well and the government is just not improving that the reason people here are forced to go to other countries to find a job a good salary.

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February 16, 2020, 02:47:06 AM
 #140

We need to find a way to make some money not to be slave by it.
Don't blame the government if others could do it then why can't you?

Why can't we blame them? They are taking advantage of the position they are in. They want to save themselves not save the country they are in. You can't expect someone to just be good with the money they are earning since in the first place, they are being paid well and the government is just not improving that the reason people here are forced to go to other countries to find a job a good salary.

Do you hear yourself?

There are a lot of people that are taking advantage of the services of the government. If the people will not be making a move to redeem themselves and just stay roght there then they deserve to be poor. There are a lot of ways to earn money, to have a job, to start a career, all of that starts at you.
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