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Author Topic: Bitcoin investment is limited  (Read 533 times)
Zionatin
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March 03, 2021, 11:27:43 PM
 #21

Bitcoin has no prejudice. Bitcoin prefers no race, religion, or person. It is freedom. This and the fact that it requires no trust is why I love it so much. As soon as there is human interference things go "wrong" or go "missing".

Talking about blind people. Maybe bitcoin is better than using notes? When you scan the qr code the person has it will tell you what the details and amounts are. Maybe with banknotes, you give the wrong one day? I know they different sizes but for someone blind giving someone, the wrong note can happen if you in a rush or something, think about it. So having a QR code that announces out with a voice what the details are is really helpful. You can also enable safeguards for the blind person which will also increase security. For example, they must say a certain word with their own voice in order to fully confirm a transaction before going out.

I have not given this topic much thought and I am glad you have brought it up. It is important for us to help others and #payitforward. Let's use bitcoin and crypto for the betterment of the human race. Freedom = happiness. A Tyrannical government does not.
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March 04, 2021, 05:37:55 AM
 #22

Bitcoin has no prejudice. Bitcoin prefers no race, religion, or person. It is freedom. This and the fact that it requires no trust is why I love it so much. As soon as there is human interference things go "wrong" or go "missing".

Talking about blind people. Maybe bitcoin is better than using notes? When you scan the qr code the person has it will tell you what the details and amounts are. Maybe with banknotes, you give the wrong one day? I know they different sizes but for someone blind giving someone, the wrong note can happen if you in a rush or something, think about it. So having a QR code that announces out with a voice what the details are is really helpful. You can also enable safeguards for the blind person which will also increase security. For example, they must say a certain word with their own voice in order to fully confirm a transaction before going out.
The problem is not bitcoin but the technology that is used in it, if the technology isn't built to cater everyone even those with disabilities. The problem with blind people navigating bitcoin is that they need assistance which could be risky as the assistant can just mislead the blind to the point of stealing the bitcoin that the blind is planning to invest in. Voice interaction could be a big help and but this is also limited.

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March 04, 2021, 05:46:14 AM
 #23

Bacon is not limited. It reach all country people. So any one to invest in the Bitcoin. Bitcoin is unlimited investment. So people invest in the Bitcoin all time. It any time to change the price. people befor invest in the Bitcoin checking the market price every time . So time to sell and buy the Bitcoin. It any time to change

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March 04, 2021, 06:01:08 AM
 #24

Bacon is not limited.
bacon is a yummy food but its not limited but bitcoin is .

It reach all country people. So any one to invest in the Bitcoin.
btc doesnt fly to reach a country but its the country that can come to btc if they want to accept it and not all country accept btc so far therfor not all people can invest in btc

Bitcoin is unlimited investment. So people invest in the Bitcoin all time. It any time to change the price. people befor invest in the Bitcoin checking the market price every time . So time to sell and buy the Bitcoin. It any time to change
like op sad it wasnt unli and like i said it wasnt too because theres only 21 million supply of btc . every btc investors have a different strategy and not all can buy anytime but checking the price is essential not just in the past
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March 04, 2021, 03:20:19 PM
 #25

I think that the investment in this case is limited only by the amount of money you have.
The recent Bitcoin rally has brought about a stir in the market. Due to its good returns retail investors are investing in this new asset class now more than ever.Bitcoin is a decentralised digital currency that cannot be controlled or altered by any individual or organisation because no single entity owns the network.
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March 04, 2021, 04:09:35 PM
 #26

very touched what you tell. and I am even more excited, that our duties as perfect humans are endowed with eyes that can still see, ears that can still hear, hands that can still embrace. let us show the world that bitcoin and cryptocurrency are friendly to all human groups regardless of the shortcomings. our task is very tough, but that is what we have to do, where we carry out the mandate to be able to contribute to each other that is currently being cultivated in the crypto field. Naturally, we, the next generation of Satoshi, have a mandate to be able to prosper our brothers who have limitations.

starting from the smallest thing, if we have more profit from selling crypto, it would be great if part of our assets were donated to those in need.
may we all be given health.

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March 04, 2021, 05:18:19 PM
 #27

very touched what you tell. and I am even more excited, that our duties as perfect humans are endowed with eyes that can still see, ears that can still hear, hands that can still embrace. let us show the world that bitcoin and cryptocurrency are friendly to all human groups regardless of the shortcomings. our task is very tough, but that is what we have to do, where we carry out the mandate to be able to contribute to each other that is currently being cultivated in the crypto field. Naturally, we, the next generation of Satoshi, have a mandate to be able to prosper our brothers who have limitations.

starting from the smallest thing, if we have more profit from selling crypto, it would be great if part of our assets were donated to those in need.
may we all be given health.
The recent Bitcoin rally has brought about a stir in the market. Due to its good returns retail investors are investing in this new asset class now more than ever.Bitcoin is the first and most popular cryptocurrency or digital currency in the world. It can be used as both a mode of exchange (money) and a store of value (investment vehicle).
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March 04, 2021, 07:07:53 PM
 #28

I think Bitcoin is for everybody, indeed for individuals who do not locate. He can inquire somebody who will offer assistance him send or get bitcoin, and indeed he can inquire that individual to form a exchange for him. It needs an exertion for people to utilize bitcoin, which isn't approximately something that he doesn't have in himself. Bitcoin could be a apparatus like fiat cash that we as of now know. I am beyond any doubt there's a way for individuals who can't see to utilize bitcoin, whether they inquire other individuals or whatever they can, to utilize bitcoin.It is superior for modern era to know approximately Bitcoin and discover ways to urge monetary opportunity through Bitcoin.

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March 04, 2021, 08:15:07 PM
 #29


* What future do bitcoin holds for the physically challenge persons with regards to those without sight?
* Or the blind aren’t part of the future that bitcoin has installed for the rest of mankind?
* What investments plan lies there for the physically challenged persons in same regard?


-It depends into their determination on engaging with bitcoin,physical problems might be a hindrance but wont really remove out  that possibility.

-This doesnt exclude anyone even to those who do have disability even that blind person.He could still make engagement.

-It might be hard but doesnt mean that they cant really learn up something on it.As long the other body parts of your body could able to
determine which thing is good and bad or do able to understand it then that what really counts.

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March 04, 2021, 10:10:14 PM
 #30

Blind people can read through the Braille writing system and they also can hear if they are not deaf. Bitcoin has one method to back up their private key or mnemonic seeds to metal sheets and it can be used for the blind.

The barrier is how companies can build up those products for the blind but still can give them privacy and safety for their private key/ mnemonic seeds. For the blinds, I think mnemonic seeds are best for them.

Yes, Braille system is already used on several traditional banks ATMs, but my perception is that most blind people still need human guidance when doing bank transactions because they weren't educated in Braille system since they were younger. It's something that changes slowly as education plays a bigger role in disabled people's lives within the new generations. For this reason I expect blind people won't have issues when dealing with crypto in the future.

Another good idea as mentioned are the voice commands, however they still need a lot of improvements in technology and artificial intelligence to make it possible to have a safe and smooth experience, especially because we are talking about personal finances.

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March 04, 2021, 10:32:49 PM
 #31

In fact, Bitcoin has limitations, not everyone can be reached by Bitcoin. Not only blind people who have difficulty accessing Bitcoin, but people who
live in remote areas that are not covered by the internet network also cannot access Bitcoin. Since everything in this world is not perfect, there are
always flaws. Likewise with Bitcoin, there are still many shortcomings of Bitcoin that we have to find a solution for.

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March 04, 2021, 11:00:05 PM
 #32

With these topics and the possible scenario that you people posted, I just realized how hard it will be for a blind to use bitcoin even with new technology such as voice recognition, gestures, and other tools that will help the blind to somehow use bitcoin. I still believe that bitcoin can be used by everyone. There are developers out there that like building unusual applications and there would be a chance that someone who's reading this thread might build a wallet for a person with a disability.

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March 04, 2021, 11:41:21 PM
 #33

I haven't heard of a bitcoin wallet for the blind. At first I thought it did not exist but it does exist. Work began in 2017 to find out the background, follow the link.

Quote
He started a campaign in October 2017 to create a braille version of the original Bitcoin white paper. That campaign was successful and the document is now available for anyone wanting to get a copy.

That first success led Newbold to create the IcyWallet. His goal is to provide a 100 percent free and open source bitcoin hardware wallet for the blind. Work is currently underway with early milestones achieved, the progress of which is tracked on their website.

https://www.google.com/amp/s/www.nasdaq.com/articles/icywallet-offers-a-cold-storage-bitcoin-wallet-for-the-visually-impaired-2017-12-12%3famp


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March 04, 2021, 11:56:36 PM
 #34

I felt that one, oldies, people who have difficulties learning the internet and using gadgets will never have the interest in Bitcoin. It is not really of that limitation but we can see that these people are really incapable to do that.

If ever there is a solution for blind people to understand it but how could be safe when they don't know how to use gadgets as well. Maybe we don't need for them to suffer this but just give them the easy life they wanted. Because Bitcoin is just an option and we do not all have to take that option either.

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March 05, 2021, 12:02:09 AM
 #35

Ethics should indeed become part of the crypto narrative.

There seems to be 2 conflicting narratives about Bitcoin:


  • It will enable a new generation of altruistic young rich people.
  • It will create an even more dystopian civilisation by creating more inequality.


Whatever happens, the Bitcoin community needs to undergo a serious Public Relations exercise, if only because of climate change accusations from the Green lobby.

Bitcoin can only become the democratisation of finance if it creates a world people want to live in.
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March 05, 2021, 12:29:42 AM
 #36

We can say that a bitcoin transaction is pretty much like signing a digital document. A blind person can do it with the help of a finger scanner. They'd need to scan a qr code, have the software read the whole transactions to them and confirm it by touching the scanner. It's pretty much the thing blind people have to face every day when they want to get a ticket from a dispenser or get money from an ATM. Most of these machines have touchscreens, so you can't "feel" what they display, you need sound to guide you.

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March 05, 2021, 01:53:06 AM
 #37

It is sad to acknowledge these limitations of bitcoin and cryptocurrency as I know it now, to not only be limited based on funds but handicapped situations of individuals.

Bitcoin was not invented by satoshi to solve the financial problems of everyone including handicapped persons. It's aim is to give financial freedom to all that embrace it. The blind man, though unfortunate would not be able to access bitcoin and blockchain related services. Handicapped persons have more problems to find solutions to than trying to join the financial freedom struggle with it. They just deserve to be in a care home, fully taken care of.


If they are interested in bitcoin, they should look for someone who will help him to access bitcoin if he do have a money to invest, a relative will do.

I'm pretty sure that blindman have someone to rely on that is helping him in everyday lives, and that person can also help him to explore bitcoin.

If they deserve to be cared and loved, then they also have rights to invest on bitcoin no matter what situation they are in in life.

Being blind is not a hindrance for him to invest in bitcoin if there are other ways to deal with it and if he is determined to explore it.

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March 05, 2021, 03:28:41 AM
 #38

Although bitcoin has investment limitations it usually rises to the top depending on the crypto market. Anyone interested in bitcoin can invest no one has control here blind people can't do anything all bitcoin transfer information is stored through blockchain so you can easily view your bitcoin information even if your personal information is attached to it is often hidden if you do not tell anyone which no one can see except you anyone can verify bitcoin transactions on the blockchain at any time. The bitcoin system cannot be interfered with by any individual organization or government the individual invests as he pleases.
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March 05, 2021, 05:40:11 AM
 #39

You made a nice point. But, I think that Bitcoin is for everyone no matter the person physical impairment. The blind can invest in Bitcoin if he/she has a family member or friend he/she can trust. I have some cryptocurrency assets I manage for people.
Trust is very expensive but he/she finds it. He/she is good to go.
Bitcoin has no boundary!
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March 05, 2021, 06:40:23 AM
 #40

We can say that a bitcoin transaction is pretty much like signing a digital document. A blind person can do it with the help of a finger scanner. They'd need to scan a qr code, have the software read the whole transactions to them and confirm it by touching the scanner. It's pretty much the thing blind people have to face every day when they want to get a ticket from a dispenser or get money from an ATM. Most of these machines have touchscreens, so you can't "feel" what they display, you need sound to guide you.
totally agree with what my friend said, that it will be neatly stored and no one will know except that a certain person, who you trust can access what you do. because without the access that you give, no one will be able to do anything with what you keep in a place that only you know.

of course it is very useful to be able to provide an article on a piece of paper such as a will that can be opened when you are not here, but still only certain people can open it.
the main problem is, whether the funds you save are very large? because this clearly determines the direction of our conversation so far. if you just want to know it seems like that's enough and in the end we just kidding.

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