bitcoin dont pay our billls we need passive income

[Leviathan.007]

As I can see what you are talking about is actually free money which is not a good idea specially in the current situation that we have liquidity increase by most of the governments after printing a lots of money(If you are talking about the passive income from governments). However, crypto will solve this problem for you if you are looking for a passive income I would recommend you to check the projects with proof of stack such as tron where you can get some passive income by doing nothing after investing on it.

[Mauser]

btc is not good to pay our bills.,

we need new way of passive income goverments should start giving out universal income there is need for passive income



who will vote for that?=

I don't think this is sustainable for a government to giver out universal income for everyone. Most country have already some form of unemployment insurance which helps to cover cost until you find a new job. But for the government to pay all your bills continuously seems like a hoax to me. If a political party would over such a program, it seems to me such a move would fake news and they only want to get to power.

[wxa7115]

btc is not good to pay our bills.,

we need new way of passive income goverments should start giving out universal income there is need for passive income



who will vote for that?=

There is no doubt many people will try to vote for that and politicians will try to oblige, the problem is how is going to pay for that? The money has to come from somewhere right? And there are only two options, one is to rise taxes to incredible levels to those that are productive to redistribute that wealth, but this is going to lead to all of those that are productive to leave the country just because they have the money to do so, the other option is to print money but eventually inflation will destroy the value of the currency.

So while this is being proposed nowadays I do not see how it can work, however it will not surprise me if we see a version of that being approved in many different countries during the next decade.

[abhiseshakana]

Borrowing is not good for passive income unless you have land or capital so every month we will flow our passive income without having to work or do good skills, just quiet enough you will get money, people now always want a passive opinion even though this is something that is difficult to do, including trading in bitcoin, we need good skills to start trading, so it can be done if you master it.

Financial freedom is an achievement in the financial sector where you no longer need to work or only need a little work but generate regular income that "exceeds your needs" or what is commonly called passive income. Passive income will be easy to obtain if we are not the ones who created the system. Creating long-term passive income takes practice, the more often you practice the more trained you are to create systems that are able to drain passive income. Services are intangible, we must create value in order to attract passive income.

[Gozie51]

there is need for passive income

Passive income is good because it helps as option for wealth creation. Keeping our eggs in just a basket is not good especially in this hard times. If we are looking at getting just one line of income, then we are doom for failure. In other words, let's strive to make more income from different source, that will be better for us.

[crwth]

What do you mean not good? Is it because it’s not yet widely accepted? Most of the time, you could probably find a way to convert your bitcoin into USD so that you could pay your bills.

If you are talking about passive income is you should do it on your own because it’s not going to be handed out for free, and generating that would mean having a business, trading crypto, stock dividends, etc. I think what you are talking about is another stream of income.

[NavI_027]

Borrowing is not good for passive income unless you have land or capital so every month we will flow our passive income

No dude, I think you misunderstood what I said. What I mean is he can lend his money and earn small interests from its payment after the due date. I'm not saying that he will borrow to others.

[snip]

HODLING is less risky when compared to day trading, but it still involves a decent degree of risk and passive income on a regular basis through this method is difficult no matter how skilled you are in trading which is why I wouldn't suggest this method for passive income.

Then what OP can do now because even a simple hodling is not advisable to do? Remember, risks with regards to money investing are inevitable. The least we can do is to minimize it as much as we could. Since Hodling has a lesser risks then why don't he try it, right? Besides, it is not as complicated as other means of earning .

[Shasha80]

I do not agree with your opinion that BTC is not good for paying our bills, because of the profit I get from Bitcoin trading,
I can use it to pay my bills. Even though my country forbids using Bitcoin as payment,but I can convert my Bitcoin to fiat first,
so I can pay my bills. Then it's not a good idea to expect passive income from the government, this will make us lazy to work.
Use our own money if we want to generate passive income, don't expect it from the government.

[Max2140]

btc is not good to pay our bills.,

we need new way of passive income goverments should start giving out universal income there is need for passive income



who will vote for that?=

Well, as an option, you can deposit your Bitcoin to an interest account and earn ~6% annually to pay your bills.

[Salauddin1994]

It is possible to pay the bill with btc but for this you have to convert bitcoin into fiat currency. This is because the central bank has issued a warning in online virtual currency transactions fiat currency will not be a problem and the bank will support it but in case of passive income it will depend on your own knowledge and skills. There are so many types it's hard to say bitcoin investment is better.

[Findingnemo]

btc is not good to pay our bills.,

we need new way of passive income goverments should start giving out universal income there is need for passive income



who will vote for that?=

If money is available for free then there will be no value for it,we can demand basic needs for free of cost from government but still it is going to use our tax money for all those services.Bitcoin is nit for passive income it is still same as the fiat money so we need to work hard to earn it.

[michellee]

btc is not good to pay our bills.,

we need new way of passive income goverments should start giving out universal income there is need for passive income
who will vote for that?=

Well, as an option, you can deposit your Bitcoin to an interest account and earn ~6% annually to pay your bills.

Or you can also lend your bitcoin in the exchanges, and you can get the interest in monthly. That is what you can do to earn passive income, and lending will be the other way you can do to make money.
I am sure that we can find our way related to make more money or make a passive income, but that will depend on how you can find that way.

[Inkdatar]

It is possible to pay the bill with btc but for this you have to convert bitcoin into fiat currency. This is because the central bank has issued a warning in online virtual currency transactions fiat currency will not be a problem and the bank will support it but in case of passive income it will depend on your own knowledge and skills. There are so many types it's hard to say bitcoin investment is better.

This is the mindset of others for btc lack of usage. There’s other way that we can pay bills using bitcoin that we can exchange it into fiat currency in your country. Let's not also depends on the government in terms of passive income it is indeed depends on how we create and earn money. Also bitcoin is very useful these days you just have to understand it's benefits to the users.

[maxreish]

btc is not good to pay our bills.,

Feel free to state why do you say it's not good ton pay our bills using btc? If its about volatility, we can cope up with that. Im actually paying my utility bills using bitcoin.

[/quote]
we need new way of passive income goverments should start giving out universal income there is need for passive income
[/quote]

But government can't actually provide that to all netizens. They can help, yes but giving out passive income will just making the situation worst. What i mean is that people will just rely on government's free money and will be lazy to stand on their own by looking for a stable job that will give passive income.

[Janation]

I think the idea of what you're saying is that Bitcoin is not enough to be a source of income, which depends exactly.

A lot of people already told me that investing in Bitcoin won't solve any of the shortcomings of my source of income since usually we just hold Bitcoin. We don't actually invest in Bitcoin so it can be our daily source of income, we invest in it because we are hoping that we could get enough profit in the near future which means that we can't actually base on Bitcoin especially if you don't have that much to start with.

[Xembin]

I think bitcoin can pay our bills.
Some countries in the world has made Bitcoin popular to their citizens,to grow their businesses and to pay all kinds of bills they need to pay.
Bitcoin is a volatile, it can change at anytime, any day it depends the way you carry out your research to no when to buy and when to sell your coins,to make a great profit to pay your bill and other items without government income .

[FlightyPouch]

Obviously we can't fully depend on bitcoin. With this volatile crypto currency, what we can just do is make predictions on what may happen in the few days, weeks, months, and years. My cousin does some daily trading but he stopped after the price fell since most of the crypto currencies in his portfolio was affected. IMO, if you have a lot of money in bitcoin, a simple movement could give you good profit that you might use to pay some bills.

[AakZaki]

If you want to generate passive income from bitcoin you have to do the hard work, don't just stand by and take part in a giveaway expecting free money to just drop.

Don't be a person who always depends on free things, capital is needed. you can trade or the like for profit. you have a lot to learn.

the government will not sustain your life. use your savings to create an opportunity that will generate passive income, don't just complain, try and keep working hard it is very necessary.

[Arkann]

Obviously we can't fully depend on bitcoin. With this volatile crypto currency, what we can just do is make predictions on what may happen in the few days, weeks, months, and years. My cousin does some daily trading but he stopped after the price fell since most of the crypto currencies in his portfolio was affected. IMO, if you have a lot of money in bitcoin, a simple movement could give you good profit that you might use to pay some bills.

With the help of daily cryptocurrency trading, you can really get a very good income and the funds received will be enough not only to pay bills, but also for a fairly good life. But it seems to me that many cryptocurrency users, like me, cannot afford to risk their cryptocurrency funds, since we do not have enough experience to trade in order to get a good income. But if there was an opportunity to use a certain resource or company that will have a good rating and authority to make investments in cryptocurrency, but at the same time receive monthly passive income, such as a bank deposit account. This would be the best option.

[Ridwan Fauzi]

What do you expect from bitcoin?

That is the first thing that you should be aware, bitcoin can't do anything. It is just a money or an asset, do you think gold can help you to pay your bills? I don't think so.

Passive income will be earned by hardwork, there is no instan way mate to get anything as you hope. Just find a place that will give you a passive income but also you need a hard work.