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Author Topic: Does BITCOIN make a person's life better !?  (Read 5357 times)
1083ivangod (OP)
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March 08, 2021, 01:27:43 PM
 #1

If you look thoroughly, then BITCOIN is just money, but like money, can it improve the world around, and humanity as a whole !?
I don’t think “good” and “BITCOIN” are the same thing, most likely the opposite.
Because of money, a person becomes weaker, he does not need to do something, to develop, because money will do it for him.
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March 08, 2021, 01:31:57 PM
 #2

What are you even talking about? Bitcoin is just a tool people can take advantage of to transact with or to hold wealth with. Bitcoin can help people be more financially responsible and save more money, but at the same time bitcoin could be used to buy addictive drugs that could potentially destroy a person's life. How 'good' or 'bad' it would affect a person's life totally depends on the person using it.

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March 08, 2021, 01:40:09 PM
 #3

Bitcoin is a financial revolution in favor of Privacy and ownership. That certainly makes it easier for every person.
It might not be the ultimate answer, but it surely is the pioneer that raised the question about the financial system that we are used to which itself is established as a service industry and we are paying a lot more just to be a part of it. This attack on centralized finance industry would resonate towards every centralized power holdings. All of this would make individual person more powerful.



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March 08, 2021, 01:41:35 PM
Merited by vapourminer (1), DdmrDdmr (1)
 #4

The financial market distributes the capital and the wealth from majority to minority. Only very few people are able to earn money on the market or end with profitable money when they decide to stop investment or trading on the market.

In this perspective, bitcoin as a tool for investment or trading, can bring happiness or disappointments to different types of traders or investors.
  • If you are a wise investor/ trader, you are happy with it. Bitcoin makes your life better.
  • If you are a bad investor/ trader, you are killed by your emotional, arbitrary trades or investments. Bitcoin makes you feel worse
  • Reminder: Bitcoin does not directly decide your prosperity or poor. You and your decisions decide it
The rich get richer and happier. The poor get poorer and more disappointed. The same goes in bitcoin market but it is not a support or fault from bitcoin when one person is rich or poor.
https://www.pewresearch.org/social-trends/2020/01/09/trends-in-income-and-wealth-inequality/

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March 08, 2021, 01:55:54 PM
 #5

Bitcoin has the ability to make anyone financially successful, and this happens out of perfect planning as well as investing at the right time. In a combined form, it also requires luck. There are people who invested during the early days and spend those during the early days. If they've kept hold, now it could've given them a big profit. So, luck and patience too has role in being better through bitcoin.
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March 08, 2021, 01:59:09 PM
 #6

It’s certainly made mine & many others lives better. It’s given me a life that I never would have achieved if I didn’t get in so early but enough about me. Bitcoin helps many people, think about the unbanked who can store money on their phones. Bitcoin is the great innovation since the internet.

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March 08, 2021, 02:01:02 PM
 #7

-snip

Very well worked post but that communist crap theory that the rich are getting richer and the poor are getting poorer does not match the facts. Without denying that in small periods of time that happens, the long term trend is that everyone gets richer, the rich and the poor. I have explained this in other posts but I am sick of it. A poor person today enjoys many more goods and services than a poor person 100, 200 and 1,000 years ago. In particular, he eats much more, and many are fat (from eating so much junk food), something unthinkable centuries ago.

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March 08, 2021, 02:09:53 PM
 #8

Very well worked post but that communist crap theory that the rich are getting richer and the poor are getting poorer does not match the facts. Without denying that in small periods of time that happens, the long term trend is that everyone gets richer, the rich and the poor.
Please don't connect my post with politics. It is the fact on any market, not only on crypto market.

The game distributes wealth from impatient to patient people, from wise to stupid people, from emotional-controlled to emotional-affected people. If you are investors but don't have patience, you lose your money to the others who are more patient and wait for right time to begin their well plans. You can have a plan that is as good as theirs but without patience, you will get losses.

Communism, capitalism, stock market, crypto market, real estate market, it is the fact.

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March 08, 2021, 02:25:57 PM
 #9

If you look thoroughly, then BITCOIN is just money,

It's money and also an investment vehicle.

but like money, can it improve the world around, and humanity as a whole !?

It depends on may factors. Does Japan Yen make life better? Not at all, I couldn't care less about it.

On the other hand, Bitcoin is great because if you work for it, you'll receive in your own wallet, without knowing or caring about banking days or conversion rate/fees between employer's home currency and yours; it can be kept for long time in the wallet and, if you are careful, nobody else can touch it. So it's the best money over the internet.

Also instead of being touched by inflation (government's way to steal money), it's finite supply and its price even rises greatly over time (if you have enough patience).

I don’t think “good” and “BITCOIN” are the same thing, most likely the opposite.

It can be bad too.
If you don't afford to keep it for longer, the fees you pay for the services to convert to your home currency may make it not worth the hassle.

Because of money, a person becomes weaker, he does not need to do something, to develop, because money will do it for him.

This is weak propaganda.
Go into the forest, live without money, become strong. But if you get injured, don't come and ask for help from the medical system people are paying for.
Go into the wild, live without money, become strong. But if a bad year comes (insufficient rain, or even fire, for example) and you don't find enough food, don't start begging for money...

All in all, money is a tool. You can use it wisely or not. Same goes for a knife too, for example.

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March 08, 2021, 03:23:33 PM
 #10

..........

All in all, money is a tool. You can use it wisely or not. Same goes for a knife too, for example.
You were really very correct, because money is, first of all, a good tool for achieving a goal in capable hands. This is not only an opportunity to be healthy and strong, but also an opportunity to gain knowledge and be happy, while making the people around you happy.
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March 08, 2021, 03:43:53 PM
 #11

For sure, it doesnt make person life better. It allow you to earn more fiat that will make your life better, but crypto in general doesnt change anything for ordinary people
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March 08, 2021, 03:49:20 PM
 #12

If you look thoroughly, then BITCOIN is just money, but like money, can it improve the world around, and humanity as a whole !?
I don’t think “good” and “BITCOIN” are the same thing, most likely the opposite.
Because of money, a person becomes weaker, he does not need to do something, to develop, because money will do it for him.

Money can't buy happiness, but it helps to make you happy... If you think the people who have money will stop working then you are wrong.

Is about what does it mean 'Good life' for you. If have a nice house and a nice car is a good life, then we can say bitcoin helps to make a person's life better. But we have another scenario, we can do a research about the people who already win the lottery and see how they ruin their lives with that. So, you need to be wise to be rich and have a good life, other way you will just lose all and ruin your life.

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March 08, 2021, 04:02:23 PM
 #13

What are you even talking about?
This is the first thought that came to my mind after reading the content in OP and the next thing was yours which seemed to align direct with my thought, Lol... Well, i'm sure this user understands what he or she meant but, just had difficulty in passing the right message. So, I'll answer from my perspective.

Like we all know and you acknowledge, Bitcoin is a currency, same as every other currency in the world just that, it assumes a different nature and that is the fact that, its a code of some sort on the blockcahin. So, if some other currency is capable of bringing you either suffering or enjoyment, so also can bitcoin. What matters or decides the two is, what you use it for or what other persons (Hackers, scammers or bad investment) use it in doing on your behalf.
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March 08, 2021, 04:11:06 PM
 #14

If you look thoroughly, then BITCOIN is just money, but like money, can it improve the world around, and humanity as a whole !?
I don’t think “good” and “BITCOIN” are the same thing, most likely the opposite.
Because of money, a person becomes weaker, he does not need to do something, to develop, because money will do it for him.

Allow me to write a personalized reply.
First if all I do know that bitcoins might be taken as an Investment opportunity of as a method of payment by many people but we fail to realize the immense opportunity to earn that comes with it. I am not an investor, I am not a person who do use bitcoins everyday but I work on this forum. It has helped me a lot though the years.
-there are various competitions organized every month
-there are promos and bonuses by sites
-there are Campaigns and such relaible people on the forum who makes sure that people do not engage in scams.
-if provides you with immense learning opportunities! Honestly
-it does help you spread your business or even just showcase it.
Try finding a job in fiat , by the government or by any private company to part time payment in developing countries are not even close to what you can make if you do give it time and effort.
It has helped me become independent, made me learn a lot and at the same time gave me opportunities as an artist.

I do not know what you are referring to by your statement but you maybe this would help to elucidate the *good* side from my perspective.

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March 08, 2021, 04:58:26 PM
 #15

Very well worked post but that communist crap theory that the rich are getting richer and the poor are getting poorer does not match the facts. Without denying that in small periods of time that happens, the long term trend is that everyone gets richer, the rich and the poor.
Please don't connect my post with politics. It is the fact on any market, not only on crypto market.

The game distributes wealth from impatient to patient people, from wise to stupid people, from emotional-controlled to emotional-affected people. If you are investors but don't have patience, you lose your money to the others who are more patient and wait for right time to begin their well plans. You can have a plan that is as good as theirs but without patience, you will get losses.

Communism, capitalism, stock market, crypto market, real estate market, it is the fact.

Thank you for your response. Normally when I see a comment like that it has the political message behind it but after your explanation and re-reading the post I see that you are trying to be aseptic. In any case I see that the outcome, being rich or poor, ending up having more Bitcoin or less, would largely depend on one's decisions, whether you are patient or impatient, wise etc. and not so much on a system that supposedly oppresses, although the trend is curious.

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March 08, 2021, 05:03:32 PM
 #16

It will simply defend on what are we going to use the money or BTC we have, it can give impact if we choose to help In society or to use it to improve our own living. Many already improved their live from being able tohave their own property from their crypto earnings. It is only a way to make one’s life better in terms of financial wealth or change in employment. Becoming better will depend on us not in Bitcoin or anything.

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March 08, 2021, 05:24:12 PM
 #17

Bitcoin would make a person's life better or worst, it totally depends on the situation and uses. I will not call it a life-changing investment, because there is no guaranteed return. You are buying a currency, if the price grows after you buy then it would make your life better if continue dump after you bought then it will make your life more worst. It wasn't designed for investments. We should know the actual goal of Bitcoin why it was created. So we can imagine where we are putting our money. Even holding Bitcoin will consider as trading. Because you exchange real cash for Bitcoin, and again you will exchange Bitcoin for real cash. Your outcome depends on your trading. You have to take the right time decisions.

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March 08, 2021, 05:29:46 PM
 #18

Bitcoin is just a financial tool, it has no feelings. It doesn’t matter how an individual use it, its still Bitcoin. It can’t decide for someone’s future, you have to use it or keep it for a chance to have a good financial future. Bitcoin solves problems its an inspiration or a solution to an outdated banking system.
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March 08, 2021, 05:40:32 PM
 #19

If you look thoroughly, then BITCOIN is just money, but like money, can it improve the world around, and humanity as a whole !?
I don’t think “good” and “BITCOIN” are the same thing, most likely the opposite.
Because of money, a person becomes weaker, he does not need to do something, to develop, because money will do it for him.
Money is POWER, if you have money you can buy all and it includes happiness because all things can be buy by money. Through this bitcoin it might change the world and we all know that money is the one who rules the world, if you don't have it then it would be hard for you to be in this world. Lets be honest guys that due to this money many people are getting their life better and due to this bitcoin many people lives has change and we must admit that.



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March 08, 2021, 05:57:33 PM
 #20

It’s certainly made mine & many others lives better. It’s given me a life that I never would have achieved if I didn’t get in so early but enough about me. Bitcoin helps many people, think about the unbanked who can store money on their phones. Bitcoin is the great innovation since the internet.

I agree. It's a matter of perspective. If you buy something and its value increases over time, you will feel better about it, become more confident, happy that you made a good choice. It's a pretty normal thing, don't you think? If you bought a house and that house became famous in the city with people asking you to sell it or rent it to them, wouldn't you be happy? This means that every good purchase is a positive thing that can make your life better.

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