Bitcoin is a Lifeboat

[chaoscoinz]

Wow, he keeps it kosher and straight to the point. That was a very powerful message. It's almost as if it was a call for crypto. I wish I had gotten in early when I was just lurking around the scene. I have this dilemma where I'm afraid to go all in on crypto. I have been learning how to become a better trader. He makes some good analogies as well, nothing too cryptic either, it does contain a little fear mongering though.

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[mezzaluna]

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.

I agree with your idea, as an add on, bitcoin as a lifeboat simply tells us that it is not permanently be in  its place. It goes up and sometimes down and it will develop more and more. Its connection to others and usefulness to people will also change.It gives us opportunities such as getting new earnings and payments.

That is truly a better comparison in which we can compare Bitcoin and Cryptocurrencies to because of the fact that it really helped a lot of people currently and even before. We still cannot determine what could happen in the future but one thing is certain, Cryptocurrencies are a great help to all users who have encountered it and somehow changed their direction in life.

[In the silence]

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

Fiat and cryptocurrencies are on a competition on their own value, hence, cryptocurrencies should stay on being digital cryptocurrency and fiat stays on fiat. Why? because not a single person have latest gadgets to use for online transactions unlike fiat. If ever there would be cashless paypments, I assume that most of us or the next generation will afford to have the new gadgets for online transactions same as the cashless payments.

[Silberman]

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.

Things are even worst than that, inflation and negative interest rates have been with us for some years now, which do not make sense, in a sane world when you deposit your money in a bank then you should receive an interest rate but now in many banks you receive a negative interest rate, they are charging you for the privilege of not having your money available to you, and what is worst is that I think hyperinflation is coming and when that happens you want to have as little fiat as possible.

[verita1]

Bitcoin is a lifesaver for everyone who wants to run away from inflation. Large corporations have realized this after trying all the traditional financial systems. Governments also show wrong policies when they print more money and create survival programs that are not the most effective.
Now bitcoin is driven by large investors who will take it to a good port because they know the advantages of saving their capital with bitcoin.

[AniviaBtc]

When inflation occurs, bitcoin is really a life saver for our investments and it is a guaranteed source of profit that we can have.

We just need to hold it as soon as we can so that we can see its full advantage and benefits in our investment.

There are a lot of investors who are relying on bitcoin as a store of value and a tool to fight high inflation in a certain country.

We all know that the market is really hard to handle and the same with our bitcoin.

[Reatim]

Its either you hodl on it and survive or sell it and get nothing

That's it , people who knows Bitcoin but hesitate to maintain their funds inside are the people that usually cry when times comes like this.
They don't even have the guts to let their funds in Half to keep holding instead they keep selling when they think a dumping is soon to come and will be surprise that it is only for correction.
we as considerable as Holder ? we knew we are in a good side and not  hesitating to take a risk because we have knowledge and trust of what bitcoin can bring us.

[7788bitcoin]

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.

If you look at the large mining farms do you think that it is hard for the waves to collapse in one tsunami. Let me explain, the huge mining farms can be isolated and the government can shut them down and we have seen coordinated efforts by multiple governments in the past to take down illegal services and we are truly not decentralized like we used to do in the past. If the huge mining farms are forced to shut down i wonder how much hashing  will be available.

[panganib999]

Its either you hodl on it and survive or sell it and get nothing

That's it , people who knows Bitcoin but hesitate to maintain their funds inside are the people that usually cry when times comes like this.
They don't even have the guts to let their funds in Half to keep holding instead they keep selling when they think a dumping is soon to come and will be surprise that it is only for correction.
we as considerable as Holder ? we knew we are in a good side and not  hesitating to take a risk because we have knowledge and trust of what bitcoin can bring us.

Actually, I understand and I also believe that long term holders are definitely enjoying their lives today because of tge eperience and the possibility that they became one of the many people who became a multi-millionaire just because of holdings. For me, personally I feel amazed about bitcoin because I was there when its value isn't that so high and so simple. I didn't get a chance to mine or to hold but I able to experience the ATH wayback 2017 and I feel amazed that bitcoin is continuously  making some unbelievable things and having some wonderful and nee journey as tge year passed by.

[imstillthebest]

Its either you hodl on it and survive or sell it and get nothing

That's it , people who knows Bitcoin but hesitate to maintain their funds inside are the people that usually cry when times comes like this.
They don't even have the guts to let their funds in Half to keep holding instead they keep selling when they think a dumping is soon to come and will be surprise that it is only for correction.
we as considerable as Holder ? we knew we are in a good side and not  hesitating to take a risk because we have knowledge and trust of what bitcoin can bring us.

they are not a real bitcoiners but they are bitcoin wanabees if they dont hold for a long time .
they have the guts to buy a bitcoin but why wont they continue that guts till the end by holding but there are holders that sell partial and they have a btc left in preparation for the bull times  .
let fake bitcoiners cry because they deserve . real bitcoiners do also cry but that cry is caused by too much joy because they are showering with the profits that they get

[Cihuy182]

The world is changing and this is inevitable. We go through different economic stages, and cryptocurrencies are the inevitable new beginning of currencies and a new economic system.

[milani]

The phrase a lifeboat is really sounds great. I like it. We are on the brink of substantial changes in lots processes worldwide. Lots of factors will play role in it starting from the lockdowns because of covid-19 and finishing with ways and means of payment. Our world and lots of things we used to will never be the same. Nevertheless I do not think that fiat will disappear completely and that they are in a war with each other or BTC. It is an ordinary process in a race for the leader position that we can see from the very first day of creation money.

[BIT-BENDER]

Even if bitcoin is, some government like mine want us to go under The sea on a Fiat rickety boat, what will government do in future to frustrate crypto-currency user can be scary to think of, I well prepared for the hand over of Fiat, but I don't see the or a future where there will be absolutely no Fiat, all I see is a future where bitcoin has a Dominion compared to Fiat.

[Twentyonepaylots]

The biggest casualty that the COVID-19 crisis committed is the USD, their government didn't know what to do now and is currently trying to pass a bill that will enable them to print more money, in hopes of it stimulating the economy. Although let's be real here, the only thing that's going to be stimulated is hyperinflation, especially if afaik, they are to print $1.9 trillion worth of USD.

[jerrison]

indeed bitcoin is a great invention that can save not just people and institutions but also life chances in terms of financial opportunities. I can imagine  what it holds for people when they actually know what the future of bitcoin is. Bitcoin is actually a financial lifeboat.

[Shasha80]

I see Bitcoin will be bigger than just a Lifeboat in the future, because Bitcoin will be a big ship and can save a lot of people. For now I am very lucky
to be in Lifeboat because I was saved by Bitcoin, Therefore, my economy is in a pandemic situation like it is now getting better because of investing
in Bitcoin. I hope that more and more people will realize Bitcoin can save their lives, so from now on, don't hesitate to invest in Bitcoin and for those
who are already investing in Bitcoin, it is only a matter of time Bitcoin will deliver us as Bitcoin holders as winners.

[Hamphser]

indeed bitcoin is a great invention that can save not just people and institutions but also life chances in terms of financial opportunities. I can imagine  what it holds for people when they actually know what the future of bitcoin is. Bitcoin is actually a financial lifeboat.

But only to those who are fully aware and does have the capability on dealing up with things.We cant deny that bitcoin could really save up from poverty or financial hardship

but still it do matters on how well we do deal with it.This isnt just a magic thing that will help us without doing anything.Of course we do need to put up effort
and in terms of investment then its normal to need up to put up some capital and we know that not all does have
the capacity to do so.

[ecnalubma]

I can really felt this now that fiat is getting worst not to mention the high inflation rate in our country that might make middle classes poor. Thankful that I knew Bitcoin earlier filling the deficiencies of cash, the status of inflation could be unbearable in coming months so I’m preparing myself for the worsts cases scenario.

[Silberman]

Bitcoin is a lifesaver for everyone who wants to run away from inflation. Large corporations have realized this after trying all the traditional financial systems. Governments also show wrong policies when they print more money and create survival programs that are not the most effective.
Now bitcoin is driven by large investors who will take it to a good port because they know the advantages of saving their capital with bitcoin.

This is what should worry governments, for a long time they dismissed bitcoin because they thought that just a minority of people like us will ever use it, but now we are seeing that big companies are looking at the situation the economy is facing and they are choosing bitcoin as a way to protect themselves from the huge levels of inflation that we are going to see during the next years, and if this begins to catch up with other companies not only this will increase the price of bitcoin massively but it will also impact the trust the general public has in fiat currencies.

[Flying11Horse]

Sooner or later that lifeboat will be much bigger it will rescue much people. The ship is sinking and we don't have to find another ship since the Bitcoin lifeboat will be the one that will take us into safety or make us winner, this reminds me of that famous game.

Yeah surely bitcoin is a lifeboat ,it has made many of us rich and will make others rich in future .It is the most powerful amongst the cryptocurrencies .It's
 price increases and also decreases so anyone can buy it at their affordable price .The one is now in linked with Bitcoin will be rich is future and it has been proved when at 2017 it's priced hiked to a level of 20k USD many people became rich at that time.