Bitcoin is a Lifeboat

[Yatsan]

For many people, they see Bitcoin as well as the whole cryptocurrency industry as a life boat for they have been save from the potential loss due to the worsening situation that the fiat is facing due to lots of contributing factors that are brought by unexpected effects making a big crash on the economy of different countries that are affected by those events. Well, it is kinda be true to say and been realized by many specially at the time of pandemic wherein stock market have been faced into a serious matter and people have saw great potential on Bitcoin and crypto making them to engage into it saving up their funds from potential loss. Treatment of people on Bitcoin as a life boat is all due to their experiences where they have been saved by it on their hard times and now they are living far beyond the life they have when they were just working into fiat. But still both are beneficial in their own ways so better be good to have investment on crypto and fiat as well.

[Matimtim]

The terms of lifeboat means the things use to survive, and yes bitcoin is like a boat that we can use now to survive even we are experiencing the world pandemic but with bitcoin we can stand and still fighting to make our future better, just make sure we know how bitcoin will change our life situation because what the use of boat if we don't know how to use it properly.

[Darkelf11]

It looks if you stake a lot of bitcoin there's a chance it can make to save your future kindly a deep meaning on this but I think too hard to stake if you don't have anything unless you do a job to this pandemic and trust all of your bitcoin holds. If you want to survive you need to satisfy your needs first before making a don't in a life jacket of bitcoin. As you see at the start of this pandemic bitcoin are one of the staking coins when it drops those are the strong minds and strong people who hold their life in a cryptocurrency investments.

[nightxglow]

Fiats are sinking... lol it's a bit too dramatic but well it might happen, especially in the midst of uncertain economic situation like this, and this seems like never ending pandemic. I guess inflation is a serious issue in many countries right now, or even if it's not now, a lot really feared that this pandemic and unpredictable economic situation will make hyperinflation happens. It's understandable though, and bitcoin as a lifeboat might really be true as well. Now, bitcoin remains high and strong even in this pandemic, unlike fiat. We should surely take this opportunity and make the most of bitcoin, which might be our life boat if the fiat, or even economic is sinking. So i think that term is nice and suitable enough.

[DatKing]

The boats of fiat money continue to sink as digital currencies are getting more popular day by day. And after governments create their own digital currencies, we will all say goodbye to fiat so their boat will also completely sink. For now, Bitcoin is really seen as a life saver for especially the people whose fiat money in their country is in a bad condition.

[Mamun74]

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 everyone can know by watching this video.And we need  to buy more BTC and hold long time. We can make huge profit from it.

[iTradeChips]

I have watched the video and it is being seen as if Cryptocurrencies will replace the system that we currently have, but in my opinion we are still a long way from that to happen. The current financial system might be having some downsides right now, but that is not really proof that Bitcoin will readily replace it anytime soon. Right now Bitcoin is not even being used as a currency and it is being used as an asset right now. So yeah, we will wait a long time for that to happen.

[pankowri]

I like Andrea's video and he tried to illustrate the capability of the current position of bitcoin. In this time, people found bitcoin as a dependable, reliable, efficient currency. Bitcoin can rescue huge people finding the right way.

[Latviand]

People are now riding the bullish bitcoin but there are still possibilities that bitcoin can stay in that price for so long.

We never know if bitcoin will increase its price, let's just hope that there are a lot of good things for bitcoin to happen especially that we are keeping our eye on its price.

Bitcoin is really a lifeboat, we can be saved, we can loss our assets so it is our call if we will enjoy and take the risk of investing in bitcoin.

[arwin100]

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

I don't believe on that mate, we know that we are all here for the gains and whenever you sell your bitcoin to fiat you must always at that moment be on profits but not comparing a long term hodler to a short term hodler for profits, so, whenever anyone sell bitcoin they must have or make their respective profits imo. It's true that bitcoin is a life boat, and those who strongly believe in it will definitely survive the challenges and at the end be victorious.

We have different take upon this as others cannot take to hold due to some financial reasons where they think its enough for them to sell so that they have money to use on their tables thats why I'm kinda not agree with th word sell and get nothing there. Only rich guys can afford to hodl and most of low ballers in crypto are the one who take their profit and cashout.

I also believe bitcoin is a lifeboat since imagine when pandemic times where all is in lockdown some people income has been stop and we are lucky that bitcoin is here where it give us continuous profit.

[pixie85]

I cannot accept Bitcoin as a Lifeboat. I don't expect even crypto to replace fiat.

But I accept crypto as a doorstep to many (earning) opportunities that don't exist in the fiat world. I'm optimistic but cautious.

Same thought. Even with bitcoin's current status, we still can't conclude anything after all, especially of it's bitcoin we're talking about. I have seen a thread in this forum that the volatility rate of bitcoin is going down these days, but we can't trust on it. Yes, bitcoin has been a lifesaver for some but can't still replace fiat. We should just keep on investing in bitcoin and don't worry, this is the only start of the long journey bitcoin will take.

Some people never learn.

Andreas was saying the same thing when Bitcoin was worth 1 thousand, 10 thousand, 20 thousand and so on and people were always replying that this cannot happen.
The governments will not let us lose our money, they won't let fiat currencies die, they will destroy bitcoin

It happens that every year for the last 10 years bitcon was getting stronger and fiat currencies were getting weaker. this is not going to change this or next year.

[MCobian]

People are now riding the bullish bitcoin but there are still possibilities that bitcoin can stay in that price for so long.

We never know if bitcoin will increase its price, let's just hope that there are a lot of good things for bitcoin to happen especially that we are keeping our eye on its price.

Bitcoin is really a lifeboat, we can be saved, we can loss our assets so it is our call if we will enjoy and take the risk of investing in bitcoin.

We do hope Bitcoin can continue to be bullish, and I believe that at least until the end of this year the Bitcoin price can still go up even higher.
Because with a lot of positive news related to Bitcoin, Bitcoin should be able to experience a higher price increase. Especially in situations of
economic crisis that occurred due to the pandemic which has not ended, Bitcoin can indeed be said to be a lifeboat. Because it can be a solution
for everyone to be a promising source of income, Please pay attention to the Bitcoin price movement which has continued to rise since the pandemic
began to spread in 2020. This proves that Bitcoin can indeed save a lot of people, simply by investing in Bitcoin, then we will get a profit. Moreover,
we are able to invest in Bitcoin in the long run, our future should be guaranteed, because the price of Bitcoin will rise much higher in the next few years.
So don't ever hesitate to invest in Bitcoin.

[fauzan123]

Yes, bitcoin is a lifeboat to those who believe on it and work with it in a genuine way. To those countries that accepted bitcoin in their environment are more develop than those country who still doubt bitcoin is not a real digital currency that will reduce unemployment in their country.
If you invest your money on bitcoin under the long term investment, be rest assure that within three years there will be
massive change in your investment.

Bitcoin is the world's first investment megatrend in which retail investors have led institutional adoption and the equity market has taught institutions over the past year that they can no longer ignore the influence of retail platforms.