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Author Topic: Bitcoin is a Lifeboat  (Read 736 times)
AakZaki
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March 03, 2021, 02:17:52 PM
 #21

Bitcoin is like Noah's ark for us. The time change, technology change and also people change. From fiat to bitcoin, it will become more and more useful thing but I still believe that bitcoin will not replace fiat currency. There's a lot of things to consider before it will happen if ever.
fiat can never be replaced by bitcoin. Fiat will remain the national currency and major currency. Bitcoin is just another alternative to a more revolutionary method of payment. Bitcoin and its technology make fiat even better. Bitcoin brings future technology that is increasingly being developed and various kinds of new innovations that use blockchain technology and cryptocurrency.
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March 03, 2021, 02:21:04 PM
 #22

Andreas Antonopoulos made a great video for everyone to watch, both for newbies who don't know anything about Bitcoin and as reminder for everyone else who is watching Bitcoin price waves now.

All fiat currencies are in war with each other and with Bitcoin, and their big boats are all sinking at different speed but they are surely sinking.

Central Bank Digital Currencies and corporate coins like Libra are just a distractions.

Bitcoin is a Lifeboat, so you better prepare and help others prepare for future events with sharing this video:


source video: https://youtu.be/stN03wk_Wzs

So with this you are suggesting that there will be no nations on the face of earth in future! One government will rule the entire world and the local fiat currencies will be extinct. Otherwise I don't see this happening ever in the future.

There are endless ways to fight inflation and do you think a sinking government with weak currency will not adopt to those? Will IMF or World Bank not step in if the world sees a great economic crisis at this scale!

Ypur argument sounds good as a conspiracy theory only but far away from reality!

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March 03, 2021, 03:09:49 PM
 #23

I’ve been on that lifeboat for many years & I don’t intend on getting off any time soon. Fiat currencies & traditional investments are collapsing right in front of our eyes. Bitcoin is the lifeboat, don’t waste any time getting on board.
Inflation & negative interest on savings are coming, don’t get left behind.

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March 03, 2021, 03:11:59 PM
 #24

Since Bitcoin hit a new ATH of $ 58,000, the world has added 100,000 Bitcoin millionaires. That is proof that Bitcoin was an asset that performed extremely well during the pandemic.
With continued speculation from major companies and institutions around the world on Bitcoin, I firmly believe that Bitcoin will have a higher value.
In Nigeria, people trust Crypto more than fiat money and they have the top 5 user count and transaction volume in the world.
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March 03, 2021, 03:19:12 PM
 #25

Andreas Antonopoulos made a great video for everyone to watch, both for newbies who don't know anything about Bitcoin and as reminder for everyone else who is watching Bitcoin price waves now.

All fiat currencies are in war with each other and with Bitcoin, and their big boats are all sinking at different speed but they are surely sinking.

Central Bank Digital Currencies and corporate coins like Libra are just a distractions.

Bitcoin is a Lifeboat, so you better prepare and help others prepare for future events with sharing this video:


source video: https://youtu.be/stN03wk_Wzs

That is actually a good comparison. Without pertaining to the attached video, we really can say that Bitcoin and other Cryptocurrencies can act as a life boat for people or users with knowledge of it. The opportunity that Cryptocurrencies presented in everybody's life has this great impact in which it really helps people like what would an actual life boat do. Bitcoin presented the opportunity for people to use it as another income generator and we can invite people to join this life boat too.

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March 03, 2021, 03:46:57 PM
 #26

Bitcoin is like Noah's ark for us. The time change, technology change and also people change. From fiat to bitcoin, it will become more and more useful thing but I still believe that bitcoin will not replace fiat currency. There's a lot of things to consider before it will happen if ever.
It becomes our lifeboat since we knew bitcoin, it just happens that it gains more attention and popularity this pandemic and fiat is not convenient to use because it is safer to use digital money in every transaction, bitcoin serves as an eye opener to the world that we need to have an innovation our technology is fast-paced and we need to improve our economy and the way we used to it because we have many options now not only FIAT.
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March 03, 2021, 04:28:03 PM
 #27

Fiat might be sinking, but it can still last for a long time. I mean, how long can it keep sinking before it drowns: are we talking about another year, 10 years or maybe 70 years? He's talking about inflation as the kind of sinking, but when inflation is stable, it can indeed go on for a long time without major issues. Moreover, lifeboats can only take some people, whereas if too many suddenly head for them, they're all going to sink. Bitcoin transactions would get stuck way more often, and the fees would get even higher if people suddenly move away from fiat.

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March 03, 2021, 04:59:47 PM
 #28

Fiat might be sinking, but it can still last for a long time. I mean, how long can it keep sinking before it drowns: are we talking about another year, 10 years or maybe 70 years? He's talking about inflation as the kind of sinking, but when inflation is stable, it can indeed go on for a long time without major issues. Moreover, lifeboats can only take some people, whereas if too many suddenly head for them, they're all going to sink. Bitcoin transactions would get stuck way more often, and the fees would get even higher if people suddenly move away from fiat.
I think that everything depends primarily on the society, since the government inevitably raises the inflation rate by printing new voluminous paper money, and this leads to higher prices for goods, as well as to the depreciation of all savings. When people understand this, they will in any case look for an opportunity to save their funds by investing in alternative assets. It is a pity that at this stage, few people perceive Bitcoin and other rated cryptocurrencies as reliable storage, since they have clear signs of a speculative instrument.

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March 03, 2021, 05:32:08 PM
 #29

Quote
...we are also going to talk about what you need to know and what you need to do to live in this new environment the ship is sinking...
source:https://youtu.be/stN03wk_Wzs?t=82

He is one of the best disseminators, who not only knows what to say from the interpretations of an analyst with an economic vision, but also understands Bitcoin. Good recommendation not only for this video, in general this Mr. creates very well founded content.

I think that in a certain way that lifeboat has had its stages throughout all of these years and each time that lifeboat becomes smaller so you do not have to wait for them to notify you to embark...

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March 03, 2021, 05:42:51 PM
 #30

OP, let me show the community the real face of Andreas Antonopoulos from the video that will be watching. This will open up more familiarity with the bitcoin community. Click the image for watching video.



For many reason, I just wanted to be in that lifeboat indefinitely. Bitcoin has at least freed me from the various financial problem I face in the real world. Bitcoin is the future that the financial system need. Decentralization has given users the freedom to manage their own money without being controlled by any authority.

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March 03, 2021, 09:46:19 PM
 #31

Fiat might be sinking, but it can still last for a long time. I mean, how long can it keep sinking before it drowns: are we talking about another year, 10 years or maybe 70 years? He's talking about inflation as the kind of sinking, but when inflation is stable, it can indeed go on for a long time without major issues. Moreover, lifeboats can only take some people, whereas if too many suddenly head for them, they're all going to sink. Bitcoin transactions would get stuck way more often, and the fees would get even higher if people suddenly move away from fiat.
Sorry to disappoint, but anyone who thinks fiat is going to "sink" and then we will jump on a lifeboat (bitcoin) are plain stupid. Fiat won't sink anytime soon. The government will make sure of it. Fiat is very important to them. As soon as they realize that fiat can no longer sustain the economy, they will come up with some "centralized" that they will be able to control (like fiat). They won't randomly replace it with bitcoin or any decentralized currencies. So people should stop dreaming about that.
And yeah like you said, when everyone boards the same lifeboat, the boat itself is going to sink.

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March 04, 2021, 06:01:31 AM
 #32

Bitcoin is future currency. It future savings. So people invest and hold the Bitcoin long time. Bitcoin coins any time to change the price. So time to invest. Before buy the Bitcoin check the market place price. It any time to change. Hold the Bitcoin long time and wait for the price increase then people will be released the Bitcoin in the marketplace.

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March 04, 2021, 06:46:15 AM
 #33

I’ve been on that lifeboat for many years & I don’t intend on getting off any time soon. Fiat currencies & traditional investments are collapsing right in front of our eyes. Bitcoin is the lifeboat, don’t waste any time getting on board.
Inflation & negative interest on savings are coming, don’t get left behind.
thank god that I have also joined Bitcoin in 2016. I was not very early but still earlier than a lot of people who just joining when bitcoin is 50k. When I joined Bitcoin price was $500. so I agree entirely with the point that bitcoin is the lifeboat.
Everyone who joins it and hold on it. will survive in future financial crisis. and anyone who denies it and go with fiat will face huge consequences in the future when fiat will fully collapse.
so there is still time to get in the boat of bitcoin and save yourself from banks, govt, and corporate system

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March 04, 2021, 07:46:17 AM
 #34

I’ve been on that lifeboat for many years & I don’t intend on getting off any time soon. Fiat currencies & traditional investments are collapsing right in front of our eyes. Bitcoin is the lifeboat, don’t waste any time getting on board.
Inflation & negative interest on savings are coming, don’t get left behind.
thank god that I have also joined Bitcoin in 2016. I was not very early but still earlier than a lot of people who just joining when bitcoin is 50k. When I joined Bitcoin price was $500. so I agree entirely with the point that bitcoin is the lifeboat.
Everyone who joins it and hold on it. will survive in future financial crisis. and anyone who denies it and go with fiat will face huge consequences in the future when fiat will fully collapse.
so there is still time to get in the boat of bitcoin and save yourself from banks, govt, and corporate system

Bitcoin often described as a cryptocurrency a virtual currency or a digital currency  is a type of money that is completely virtual.
Bitcoin is an innovative payment network and a new kind of money and Bitcoin is a one type of digital currency and it's fully worked based on online transaction and so it's a main lifeboat for bitcoin user
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March 04, 2021, 08:44:57 AM
 #35

Andreas Antonopoulos made a great video for everyone to watch, both for newbies who don't know anything about Bitcoin and as reminder for everyone else who is watching Bitcoin price waves now.

All fiat currencies are in war with each other and with Bitcoin, and their big boats are all sinking at different speed but they are surely sinking.

Central Bank Digital Currencies and corporate coins like Libra are just a distractions.

Bitcoin is a Lifeboat, so you better prepare and help others prepare for future events with sharing this video:


source video: https://youtu.be/stN03wk_Wzs

When we compare Bitcoin with fiat currencies, its limited supply offers an important advantage in maintaining its value against inflation.

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March 04, 2021, 09:54:06 AM
 #36

anyone who thinks fiat is going to "sink" and then we will jump on a lifeboat (bitcoin) are plain stupid.

Wow.... thank you for calling everyone else stupid, and that should make you super smart arrogant big brainer right? Roll Eyes

If you cared to spend few minutes of your life to actually watch the video, read some economics book or study history you would know that EVERY fiat currency is destined to fail sooner or later, and nobody said that governments will not make their own centralized digital crap.
Central Bank Digital Currencies and corporate coins are just a distractions, and 'everyone' will never get on the lifeboat because there are not enough lifeboats for everyone.


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shoreno
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March 04, 2021, 10:11:59 AM
 #37

he was a great film maker and i hope other film makers will be like him because i notice that others films about btc arent made for newbie but they directly tackle advance issues in btc  . at first i wont easily believe if there are really wars in fiat but i remember that there are wars here in crypto and crypto is like a fiat too . there would be winners in fiat competition and maybe btc can help those who looses the game . btc is already known as a life saver even before because it also helps many business and many poor lives .
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March 04, 2021, 10:12:18 AM
 #38

Bitcoin is future currency. It future savings. So people invest and hold the Bitcoin long time. Bitcoin coins any time to change the price. So time to invest. Before buy the Bitcoin check the market place price. It any time to change. Hold the Bitcoin long time and wait for the price increase then people will be released the Bitcoin in the marketplace.
- Users like us are looking at bitcoin as currency but the rest of the world, they're still thinking about what bitcoin is, and defining bitcoin as something that stands out in the future, it's really not reasonable because sometimes we hold and bitcoin will bring huge profits but sometimes, it will silence and reject our efforts, many times we fall into the case of a loss with bitcoin. Some people think that bitcoin is the lifeboat but in fact, this boat does not tell us the final destination, we save ourselves by ourselves, we are the captain and control of this boat


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Ucy
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March 04, 2021, 10:17:37 AM
Last edit: March 04, 2021, 11:27:17 AM by Ucy
 #39

I would consider it Decentralized Ship built by the people to escape multiple slave ship that are in danger of collapse in violent sea waves. The decentralized ship is built to withstand the waves under the conditions that it continues to remain decentralized and improve along its  Ideals/principles.
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March 04, 2021, 03:16:04 PM
 #40

It seems to me that Satoshi Nakamoto originally planned to create such a cryptocurrency, which acted as a reliable storage for every person and was in demand all over the world. Only at this stage, Bitcoin is still a speculative asset, although at this time, Bitcoin is preferred by many more investors than before. After a time, when the capitalization of Bitcoin will increase several times, the price of Bitcoin will be more stable and, accordingly, this will confirm the appointment of Bitcoin as a reliable storage and real salvation.

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