bitcoin dont pay our billls we need passive income

[pankowri]

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?=

It's very hard to know by reading this thread what you actually want to discuss about. This is not clear to me and you are not matured in this forum that I can say by seeing your profile. Please try to discuss about something relevant with subject.

If you mean to pay your utility or other bills by government then it will not be happened anymore.

[mezzaluna]

It is difficult to rely on the government for all our needs or even our bills, because the government can't support all our needs because they are focusing on a lot of things like hospitalization for those who are affected by covid 19. The government cannot spend all the budget for this year alone, as there is no certainty when the pandemic will end. And as far as I know bitcoin is one of the best way to pay our bills, on selected paying sites.

It would be difficult to rely on the government if it has no plan and has bad governance. Some people actually relies on the government a lot but they cannot equally distribute their services if there is bad communication within the chain of command. It would actually be better to just rely on the government for certain periods of time and not fully relying on them. We need to look for ways on how we can monetize our time like studying Cryptocurrencies and creating ways to get money from that.

[wiss19]

It is difficult to rely on the government for all our needs or even our bills, because the government can't support all our needs because they are focusing on a lot of things like hospitalization for those who are affected by covid 19. The government cannot spend all the budget for this year alone, as there is no certainty when the pandemic will end. And as far as I know bitcoin is one of the best way to pay our bills, on selected paying sites.

It would be difficult to rely on the government if it has no plan and has bad governance. Some people actually relies on the government a lot but they cannot equally distribute their services if there is bad communication within the chain of command. It would actually be better to just rely on the government for certain periods of time and not fully relying on them. We need to look for ways on how we can monetize our time like studying Cryptocurrencies and creating ways to get money from that.

The government should be able to provide with food and daily needs to their people for at least an year during these times, at least to the lower middle class. I have been always wondering why certain countries have tough times providing food to their people because I am quite sure there is a part of taxes that is saved for times like this and if you are not going to help people during such times then you have no right to take taxes from them and the government should be changes asap

As far as passive income goes, one cannot completely rely on govt. rather work remotely and earn some or if you are into crypto then trading is the best option as long as you have experience though.

[AjithBtc]

I can't get the perfect point of OP, but from what I understood it is all about the universal money distribution. This is possible only if there exists a single currency system all around the world. For that countries won't accept and adopt it. Governments get our money in the form of taxes and it needs to be used for the development of the people/country. In most of the country this isn't followed. The governing leaders enjoy the sophistication.

[Spaffin]

I can't get the perfect point of OP, but from what I understood it is all about the universal money distribution. This is possible only if there exists a single currency system all around the world. For that countries won't accept and adopt it. Governments get our money in the form of taxes and it needs to be used for the development of the people/country. In most of the country this isn't followed. The governing leaders enjoy the sophistication.

In order to have a single monetary system throughout the world, there must be a single state, or at least a strong union of states, so that everyone does not seek benefits only for their own economy, harming their neighbors. I think this is a utopia.

[imstillthebest]

i dont understand you clearly  . do you have two questions ? because the two sentence are i feel not connected to each other . for the first one , btc is actually really good for paying bills  . im talking about standard bills , the one that are payed monthly and the one that are payed traditionally or on thier offices and buildings . this cuts the the travel and the waiting time when your on the line . this also saves fee compare to when your bill is being payed daily or weekly because i knew there are now paying schemes like that.  for the second one , passive income is better so why dont you like it and why you will replace it.

[wxa7115]

The government should be able to provide with food and daily needs to their people for at least an year during these times, at least to the lower middle class. I have been always wondering why certain countries have tough times providing food to their people because I am quite sure there is a part of taxes that is saved for times like this and if you are not going to help people during such times then you have no right to take taxes from them and the government should be changes asap

As far as passive income goes, one cannot completely rely on govt. rather work remotely and earn some or if you are into crypto then trading is the best option as long as you have experience though.

That should be the best case scenario but we know things never work like that, most governments around the world are too indebted for their own good and they do not really have a way to get out of that debt, this is one of the reasons why most governments have been very underwhelming during this pandemic and people had to rely on themselves to protect their families, but this also has a good side, people are realizing they cannot trust the government to be there when there is a crisis and they will learn to be more self reliant.

And while this may not seem to have any relationship with bitcoin, it does, as people will begin to question everything and one of those things will be the necessity of having the monetary supply controlled by the governments.

[BChydro]

The government cannot spend all the budget for this year alone, as there is no certainty when the pandemic will end. And as far as I know bitcoin is one of the best way to pay our bills, on selected paying sites.

The government cal allocate the funds so that the people who lost their jobs can be compensated until the pandemic is over, bitcoin is a tool to pay the bills just like the Euro or Dollar and if you have those as an asset why would anyone wait for the government to compensate. For all the newbies bitcoin is not a magic money that can reproduce itself, you need to have a job or an income and it is always a passive income if you are skilled enough to invest or earn it.

[jaysabi]

basically crypto cannot be categorized to get a steady income.
because the value is very volatile.So, for example, if you staked and received a token prize within an uncertain amount of time, you could lose because the value of the asset you are staking is unstable.

Volatility of price is one thing for crypto, but even if it there was no volatility, crypto does not create an income stream itself. Just like owning gold doesn't produce income, owning crypto doesn't produce income. It's an unproductive asset. The only potential return it represents is capital appreciation. There is no cash flow associated with owning it.

[worldofcoins]

Do you think the government can do all this stuff for you? Why should the government pay your bills and makes your life easier?
They have other responsibilities too. Better to do all your things yourself. Bitcoins can not pay our bills but you can not blame the government for it.
They're already against it and looking to ban bitcoin worldwide.

[Chrystora123]

btc is not good to pay our bills.,

if you live in a developed country like the US, Japan, or Singapore then the Bitcoin you get only from here will not be able to cover all your bills/month.  You need income outside of Bitcoin like being a worker in a company or doing business in the real world.  Do not rely too much on your income on Bitcoin if you are not able to earn stably every month..

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

I agree with your opinion that the government should provide money for its citizens but every country has a different level of resources, and providing citizens with passive income can only be done by rich countries and not poor countries..

[SirLancelot]

It is difficult to rely on the government for all our needs or even our bills, because the government can't support all our needs because they are focusing on a lot of things like hospitalization for those who are affected by covid 19. The government cannot spend all the budget for this year alone, as there is no certainty when the pandemic will end.

Actually the meaning of a good government is to maintain a balance between both because they must assure their people that no matter how hard the pandemic hits, the government is always there to support their people. All the taxes we pay towards the government are actually to ensure that the government has enough stability to fight off such pandemics. At these times the true litmus test for the government is occupied because when there are good times we never know how stable the government is.

as far as I know bitcoin is one of the best way to pay our bills, on selected paying sites.

But having bitcoins means you have money, so I mean how do you earn bitcoins? I know there are many sites to spend them but the thing is how you earn them?

[iamsheikhadil]

If government distributed free money, literally no one would ever work. We human beings are naturally very very lazy and if we got simply free money, we would never work or do anything productive. The world would stop progressing, governments would run out of money to distribute! There will be wars because of population growth!

[GeorgeJohn]

btc is not good to pay our bills.,

Op, I don't really understand your first paragraph of  text, if what is here is really your question, so i will go ahead to answer or attend to it.
I disagreed with you that bitcoin is not good to pay our bills with bitcoin, looking at it in ramifications bitcoin is the easiest way to pay funds because is not what everyone has, paying bills with bitcoin it shows that bitcoin is taking over the world which the prayer of bitcoin users

[Serious475]

Bitcoin won't pay your bills if you don't have it, that's it. If you will bot work hard, if you don't do anything to earn money then you cannot buy bills. Relying on passive income is not a good idea for me because it won't sustain your daily needs by having a small amount of income and the question here is that, do you think that government will give us universal income? Well in fact we should not blame all the time our governments why we are being hungry and have don't have any job to earn money. It is our fault and we should do things on our own to earn money and not only hoping that the government will be responsible for that.

[Darkelf11]

Bitcoin won't pay your bills if you don't have it, that's it. If you will bot work hard, if you don't do anything to earn money then you cannot buy bills. Relying on passive income is not a good idea for me because it won't sustain your daily needs by having a small amount of income and the question here is that, do you think that government will give us universal income? Well in fact we should not blame all the time our governments why we are being hungry and have don't have any job to earn money. It is our fault and we should do things on our own to earn money and not only hoping that the government will be responsible for that.

Yup, we should not blame the government for all things that is happening in our life. We should stand up on our own, make our life worth living and not relying on what others will feed in our mouth. We are suppose to work for ourselves and make money on our own. Passive income can be used as an alternative way of gaining money to sustain your daily needs but it doesn't mean that we can't use bitcoin to pay some of our needs.

[Fatemablabla]

First of all want to ask if Government will pay us for everything for free than who will pay the government? Government also need a source to earn money right?

And passive incomes won't come to you by itself. You need to make the source smooth for you that it gives you a passive income. So , please don't ask for free money, learn how to earn money.

[DabsPoorVersion]

First of all want to ask if Government will pay us for everything for free than who will pay the government? Government also need a source to earn money right?

And passive incomes won't come to you by itself. You need to make the source smooth for you that it gives you a passive income. So , please don't ask for free money, learn how to earn money.

That's true, and what OP wanted to happen is impossible,

it looks like he just wanted free money or simply the government will fund him for the rest of his life. There is no such thing as that. Passive income will come due to our hard work, not by simply receiving it from the government.

[FlightyPouch]

btc is not good to pay our bills.,

Op, I don't really understand your first paragraph of  text, if what is here is really your question, so i will go ahead to answer or attend to it.
I disagreed with you that bitcoin is not good to pay our bills with bitcoin, looking at it in ramifications bitcoin is the easiest way to pay funds because is not what everyone has, paying bills with bitcoin it shows that bitcoin is taking over the world which the prayer of bitcoin users

I think what he meant by that is the profit you are getting by investing in bitcoin is not enough to pay for the OPs bills. It is true though that is why the people that invited me to invest don't told me to depend on it. People should know that it is volatile and it is a risk investing on it, that is why people encourage people to HODL than day trade since it is far more profitable.

[naikturun]

basically crypto cannot be categorized to get a steady income.
because the value is very volatile.So, for example, if you staked and received a token prize within an uncertain amount of time, you could lose because the value of the asset you are staking is unstable.

Volatility of price is one thing for crypto, but even if it there was no volatility, crypto does not create an income stream itself. Just like owning gold doesn't produce income, owning crypto doesn't produce income. It's an unproductive asset. The only potential return it represents is capital appreciation. There is no cash flow associated with owning it.

well, that is what I mean if you or someone wants to get the results of the assets that he buys / gets, he can try other things such as buying a house and renting it out, opening a business, and others that give value / results every day or depending on you determine it.