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Author Topic: Does BITCOIN make a person's life better !?  (Read 5355 times)
slintyflinty
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March 08, 2021, 06:07:05 PM
 #21

Only if you had bought it in 2011 Tongue

Jokes apart, I think it would take 10-15 more years to shift to this new paradigm. Only if there is an excessive printing of dollars will the cryptocurrency have a strong sense of becoming a real currency for barter.

Though, because of high volatility, I don't think it really has a use case in the current scenario.

I mean, it's like that on Monday I can buy an iPhone, On Tuesday may be able to buy a car and on Wednesday, I might not even be able to afford a candy with the same amount of crypto. Such volatile nature kills the usage of crypto in real-life scenarios.
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March 08, 2021, 06:42:59 PM
 #22

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.
You got it right! There is no sense in asking if BTC can make a person's life better as it is not BTC that determines someones' life but rather the decisions made by these people.

I agree, BTC is just a tool and you can choose to utilise it or not, up to you. Whether you decide to use BTC to improve your life or make it worse- again your own decisions- but do not blame a tool as often than not it is the person you need to look at first.
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March 08, 2021, 06:43:58 PM
 #23

The good and the bad of a thing depend on how the person is using it. For example, you can think of a knife, if a doctor has a knife in his hand, he can use it for surgical work and save lives. Again, if the same knife is in the hands of a terrorist, it can be a threat to human life.

So Bitcoin is a decentralized system, people can use it for good if they want to develop themselves and society, on the other hand, bad people can abuse it. Overall Bitcoin invented to improve and secure our transaction system 100%, and I think the purpose of making it has succeeded.

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March 08, 2021, 07:00:05 PM
 #24

Only if you had bought it in 2011 Tongue

Buying it in 2017 and turning 1k into 40k wouldn't improve it? You must be living a pretty good life my friend. Tongue
Quote
Jokes apart, I think it would take 10-15 more years to shift to this new paradigm. Only if there is an excessive printing of dollars will the cryptocurrency have a strong sense of becoming a real currency for barter.

Though, because of high volatility, I don't think it really has a use case in the current scenario.

I mean, it's like that on Monday I can buy an iPhone, On Tuesday may be able to buy a car and on Wednesday, I might not even be able to afford a candy with the same amount of crypto. Such volatile nature kills the usage of crypto in real-life scenarios.

Are we talking about crypto or Bitcoin here? Bitcoin is not that volatile. Worst case scenario one month you'll be buying a new car and next month you'll have to settle for a used one.
Altcoins can be pretty volatile but Bitcoin with its 5-10 % moves?

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March 08, 2021, 11:56:09 PM
 #25

Currently bitcoin is only a speculative digital currency and is used to generate continuous profits. Some people, including me, are very happy with bitcoin and it makes my life better with some of the benefits that bitcoin brings. Bitcoin is a modern digital currency that is more revolutionary but carries a very high risk. Not only do people receive good repercussions, but there are a lot of bad ones if they misuse them. the good and the bad also depend on how we use it.

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March 08, 2021, 11:58:11 PM
 #26

Bitcoin sure can make someone's life better. Not only bitcoin, but money can too, as long as it's used correctly. In fact, bitcoin helped so many people already, as a currency, as an investment, and other things. Including me, i experienced a lot of greatness of bitcoin, and i'm super grateful because of that.

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March 09, 2021, 01:28:47 AM
 #27

Bitcoin is a growing innovation and promising business opportunity and anyone who uses it well will benefit and of course will change a person's life for the better, it cannot be denied that making life better is certain, especially in the financial and economic fields.
Apart from the freedom to use send and receive money instantly anywhere and anytime there are no bank holidays and also no national borders, there is no bureaucracy and itcoin gives users complete control over their own money.
and many more advantages, security and convenience in using it and bitcoin will make us better if we use it well.

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March 09, 2021, 01:49:18 AM
 #28

Bitcoin is not just money cause it can also be used as assets either. It can improve the world and humanity cause it gives people liberation and also make people financial freedom but a particular person understanding of Bitcoin will determine if Bitcoin will improve the world cause there are some people who still don't believe Bitcoin is for real.

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March 09, 2021, 02:08:16 AM
 #29

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.
Things do not work like that, bitcoin is just a tool and tools can be used to improve your life but at the same time tools can be bad for your life, think of an automobile, it can greatly improve your life and makes your ability to go from point A to point B easier and faster but there are also many people that have misused their automobiles when they drink or take other substances while driving and they have either suffered injuries or even lost their lives while driving, and a similar logic applies to any tool including bitcoin.

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March 09, 2021, 03:24:39 AM
 #30

Bitcoin sure can make someone's life better. Not only bitcoin, but money can too, as long as it's used correctly. In fact, bitcoin helped so many people already, as a currency, as an investment, and other things. Including me, i experienced a lot of greatness of bitcoin, and i'm super grateful because of that.
Be happy who can be helped from bitcoin because many may also experience difficulties during a pandemic like this. I am also one of them like you and maybe many others, helped by the existence of bitcoin and altcoin (crypto).

with crypto, many people also began to divert themselves to be able to follow, although maybe in addition to doing bounties, trading and all kinds of things that can make additions to the needs of daily life.

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March 09, 2021, 03:44:24 AM
 #31

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 doesn't really make a person weaker, it is just being wise and a business minded person when you make money work for you.

Bitcoin really helped a lot of people, investor, traders, and etc., if you don't see its importance and benefits in other people's life then you should invest and experience it first.

Many people are now successful and financially stable because of the profits that you can earn from bitcoin and it really takes courage for you to handle it properly depending on the market situations. Always remember that we are developing as time passes by and we need to adapt in some changes and innovation that is happening in the world.

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March 09, 2021, 03:50:44 AM
 #32

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.
Things do not work like that, bitcoin is just a tool and tools can be used to improve your life but at the same time tools can be bad for your life, think of an automobile, it can greatly improve your life and makes your ability to go from point A to point B easier and faster but there are also many people that have misused their automobiles when they drink or take other substances while driving and they have either suffered injuries or even lost their lives while driving, and a similar logic applies to any tool including bitcoin.

OP is viewing it differently. i'm not sure if he wants us to live without money.

bitcoin improved the lives of people in Nigeria and in other countries who are unbanked. it's all just money as OP said but bitcoin is very different for you can look at it as an investment because its value can increase that you can be richer as before. it helped the less fortunate profit from BTC.









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March 09, 2021, 04:21:27 AM
 #33

If you look thoroughly, then BITCOIN is just money, but like money, can it improve the world around, and humanity as a whole !?
Is just Money ? there should be explanation on what you are claiming because for many of us this is totally different .
Quote
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.
What comes these to have comparison ? GOOD and Bitcoin comparable ? seems like you are the only one who understand your examples.

Bitcoin is far best than Fiat and that is the real thing here.









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March 09, 2021, 04:32:22 AM
 #34

so you are saying that bitcoin is bad and we should avoid it at all cost . that would be impossible because you just said it that btc is like a money and money can be use to improve ones life or to make his life better .

it doesnt not mean that you are lazy because you pay for the labor to improve your house but there maybe reasons why you do that like you dont know how it works , you know how it works but its not possible to work it in your own or you are busy , etc..
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March 09, 2021, 04:35:32 AM
 #35

Whatever you are saying makes no sense at all. In what way do you think bitcoin is going to "make a persons life better"? Bitcoin is a "crypto currency". Same as money. If you want to make your life better, you will have to work hard and earn everything you deserve. The same goes for bitcoin. If you want to earn with bitcoin, you will have to invest in it  or work hard for it. Holding bitcoin or using bitcoin won't magically make your life very "interesting" or better.
Don't forget, there are also risks holding crypto currencies.

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March 09, 2021, 04:49:40 AM
 #36

You have to work hard to improve your life those who have achieved success today work hard. Bitcoin can improve life but before that you need to have an idea about bitcoin and crypto market by investing in bitcoin if the price goes up, you can earn a lot of profit and it is possible to spend money on all kinds of activities to improve your life as easy as it is to earn in crypto there are many risks long term investments have to wait patiently. You need to invest in bitcoin as well as gain skills in other activities.
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March 09, 2021, 05:24:32 AM
 #37

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.

As for me, I thank God to introduce me to this industry where I can be free to make money whenever I want through trading or any other means. Back then when I don't know what bitcoin is, I can't get any money as much as I getting here because in our country, if you don't have any pleasing look or great talent, you don't find any job that suits you. also if you don't know how to run a business you will end up becoming homeless. Life is not easy in this part of the world. since I became a member here, I learned a lot regarding bitcoin and sometimes help others with their questions to pay back what I got from this community. Satoshi Nakamoto's dream is now becoming true day by day, he creates Bitcoin to give the like of us some chance to earn even though we don't have any pleasing look nor some complex skills to earn from it. You just need to have some common sense and some self-confidence to learn the fundamental knowledge you need to start.

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March 09, 2021, 08:07:05 AM
 #38

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.
you have a point there my friend, to have money is a challenging thing, earning money is not that challenging. If we compare a life of a villager to the life of a rich man living in a city then the rich will be weaker than the villager, because of lack of activity and other factors.So if we have money or Bitcoin we should use some part of it to help the poor and oppressed rather than spending it all on ourselves.
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March 09, 2021, 09:00:33 AM
 #39

Yes it could but it needs to be handled properly just like money.
I think every type of currency or investment could make a person's life better only if you could manage or handle them properly.
Without proper managing of your asset you couldn't make your life better just look at some successful people who got lost because of their addiction.

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March 09, 2021, 09:21:48 AM
 #40

Yes it could but it needs to be handled properly just like money.
I think every type of currency or investment could make a person's life better only if you could manage or handle them properly.
Without proper managing of your asset you couldn't make your life better just look at some successful people who got lost because of their addiction.
maybe it is certain that the answer will be the same as the friend above, obviously it is very possible.
but all ultimately returned to the personal of each person, because the way it is clear from one another will be different ways of disclosing it. the smart ones will obviously invest in bitcoin again, or maybe with others it just depends on the skills they have.

Bitcoin investment continues to be profitable and there is no harm in continuing to invest in bitcoin because bitcoin continues to increase, it's never too late if you want to invest. remember that patience and not panic quickly must be able to uncover every investment in bitcoin.
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