prehisto
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April 16, 2021, 03:24:34 PM |
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I hate that I cannot save money effectively because our government loves to inflate problems away at the expense of my savings... bitcoin and altcoins are our greatest hope in returning power back to working middle-class people.
your thoughts?
Bitcoin was not created to make you free but make a currency which is immune to infaltion ,manipulation and control . And it will not give power back to working ecasue the rich has understood that they need to buy and hold BTC, which means that in purely BTC run world there would be BTC rich and BTC poor people as it is now.
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matchi2011
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April 16, 2021, 03:36:39 PM |
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In general, I agree. Bitcoin is not about wealth, not about accumulating money. It's about opportunities and freedom.
Good point, it's more about freedom in terms of holding your money at your own without any interferring with financial institutions. It is a digital analogue of money that expands our capabilities. After all, before the brick currency there was only fiat, controlled and unsecured by nothing.
A very good competitor with institutional financial system., it's all about option other than fiats. If necessary, banks can simply take and cut you off from the fiat clerk, leaving you to die on the street. Bitcoin is freedom.
Sad true but that's life before Bitcoin and the whole industries.
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Ludmilla_rose1995
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April 16, 2021, 04:12:53 PM |
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I hate that I cannot save money effectively because our government loves to inflate problems away at the expense of my savings... bitcoin and altcoins are our greatest hope in returning power back to working middle-class people.
your thoughts?
I agree with you. With Bitcoin, we are free to send money anywhere and to anyone without intermediaries (peer to peer). Besides, using bitcoin to pay household bills is very practical and easy. But the practice now is, someone who buys bitcoin today hopes to get rich. they buy bitcoins because of their volatile value. they think that the volatility of bitcoin can provide quick profits.
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Mauser
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April 16, 2021, 04:22:32 PM |
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I hate that I cannot save money effectively because our government loves to inflate problems away at the expense of my savings... bitcoin and altcoins are our greatest hope in returning power back to working middle-class people.
your thoughts?
I agree with you. With Bitcoin, we are free to send money anywhere and to anyone without intermediaries (peer to peer). Besides, using bitcoin to pay household bills is very practical and easy. But the practice now is, someone who buys bitcoin today hopes to get rich. they buy bitcoins because of their volatile value. they think that the volatility of bitcoin can provide quick profits. Bitcoin's offer is freedom that we don't have with Fiat currencies. We are all grateful here to have a tool to save money with outside of the reach of governments and central banks. While in terms of crypto currencies we might not be rich, we still will get rich in terms of fiat currencies. As long as countries are constantly issuing debt and print money, their currencies will drop in value. So if we eventually convert back to fiat or maybe buy directly with bitcoins we can get rich.
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beerlover
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April 17, 2021, 05:28:35 AM |
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Every person was dreaming to have a financial freedom at an early age as they can and the fact that today the importance of money really matter because you can't purchase products and services without it. Personally, what I realize about bitcoin especially in this time of pandemic was bitcoin was created for people to use as another way of source of income, to help people ease the difficult times of living. Bitcoin was created not exactly to make you rich because getting rich is depend on how do you dealt with crypto world wisely but getting rich with the use of bitcoin wasn't impossible.
This is the problem with the people who use bitcoin and that is why it is great as an asset but it is not as a means of currency. People put fiat money into bitcoin, the price of bitcoin goes up, they take out more fiat money and they continue their life that way. Most of the "dreams" is about buying a crypto (could btc, could be alt) and in the end they want to take out so much fiat out of it, get so rich that they want to be able to live a financially free life thanks to the profit they made. However reality is that bitcoin wasn't created because of that, it was created to be a currency, which means instead of using fiat, you should be able to use bitcoin, that was the starting idea. So you should not want bitcoin to go up in price (which you can anyway) but you should want bitcoin to be accepted everywhere around the world, that was the intended end level.
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dongyi17
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April 17, 2021, 08:42:47 AM |
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I guess it can be both depending on how you learn to utilize or manage what you have, in order to get rich or financially stable through bitcoin you have to hold it and make use of it accordingly like any other asset you have, it can also be liberating when using it to transact or pay without hassle of bringing bulk of cash because its virtual money you can use it easily and also no one can be responsible to it but you.
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isaac_clarke22
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April 17, 2021, 09:29:01 AM |
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~
I mean there are a lot of people here anyway for various reasons. I already stated one in here before that there are just different types of people on how they see Bitcoin and why did they decided to invest it in the first place. One would be for its of value. Two would be for its utility. It is pandemic and you never want to make physical contact with other people outside as much as possible especially in a transaction, so how about let Bitcoin do that for you. Third one would be both 1 and 2.
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Reatim
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April 17, 2021, 10:35:09 AM |
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I hate that I cannot save money effectively because our government loves to inflate problems away at the expense of my savings... bitcoin and altcoins are our greatest hope in returning power back to working middle-class people.
your thoughts?
I Love the title and the meaning mate, Very inspiring and ues you said it right . Most thought of Bitcoin as a way to get out from poverty. Others think that this is an easy way to get rich. But the right mindset ? is that the Freedom , Government can do anything towards Fiat , But crypto brings back to the people what we use to have when the Money is still not created.
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Renampun
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April 17, 2021, 12:31:22 PM |
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... But the right mindset ? is that the Freedom , Government can do anything towards Fiat , But crypto brings back to the people what we use to have when the Money is still not created.
it is fitting that we live freely in this era, and be kept away from the restraint of the government... all the government has in mind is which one pays more taxes. when it is in their favor then they will keep quiet. if there are taxpayers who are bothered by Bitcoin then surely the government will make Bitcoin illegal in their country, so pathetic.
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RealMalatesta
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April 18, 2021, 06:15:43 PM |
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it is fitting that we live freely in this era, and be kept away from the restraint of the government... all the government has in mind is which one pays more taxes. when it is in their favor then they will keep quiet. if there are taxpayers who are bothered by Bitcoin then surely the government will make Bitcoin illegal in their country, so pathetic.
I do not think that we would be going back to times when money wasn't created, that is way too long ago and that was barter and we are not achieving barter with crypto. I think it is going back to times when there was gold and silver used for payments, that seems more accurate. I do believe that back in those days not everything was awesome, there was definitely some problems but the reality is that it was definitely better than what we have right now. Even when fiat when first started, we used banknotes but that wasn't that bad, why? Because, we didn't had the understanding of "debt" we have today and we didn't had credit cards just yet and we were all tied to gold standard so it was all good. Nowadays everything is out of control, and with bitcoin we are getting back there, we are getting back to days of gold being a big part of finance, either via using it directly, or at least having fiat tied to it like early days.
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Peanutswar
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April 19, 2021, 02:55:17 AM |
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You can use bitcoin as a good investment if you think the country does not give a good outcome to you but still, they keep supporting the use of cryptocurrency it's better if you take to grab the opportunity as an advantage there are a lot of people today would like to make an investment because the country does not restrict the use of it. It depends on you if you keep trying to believe with the cryptocurrency again not making an investment with the cryptocurrency makes you rich immediately.
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aoluain
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April 19, 2021, 06:30:14 AM |
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What you say are so true..... The Middle class are quickly being absorbed by Inflation that are being manipulated. The actual Inflation, based on the goods that we actually use.. is much higher than the Inflation calculated by our governments. So they are hiding the real inflation to keep their voters satisfied ...but they are slowly but surely killing off the Middle class. (We get less interest on our deposits and the price increases are absorbing the salary increases and effectively nullifying them.) Real Freedom are money or currencies that are beating inflation ..... and since 2017 ...this has happened to Bitcoin. (Inflation Killer) Absolutely! there are also a lot of us who are earning less than we were before the financial crisis in 2007/2008. Wages in some sectors just havent rebounded back to pre crisis levels making is harder for people to save while bills and utilities continue to climb. Bitcoin offers so much for anyone who embraces it, Freedom is one and it was created to unshackle us from the grip of traditional banking
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(o)(o)ilikeboobs(o)(o)
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April 19, 2021, 04:17:55 PM |
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I think Bitcoin was created to make us rich and to be free. Bitcoin has a scarcity that increases with time and a limited supply. It goes against the way FIAT currency works. So over time Bitcoin gets more and more valuable. Bitcoin works on blockchain technology. People are free to manage their assets without going through any banks. People really have financial freedom and guarantee their privacy with their property.
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ArIMy11
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April 22, 2021, 02:20:57 PM |
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Bitcoin can have some meanings for people depending on themselves and their usages. For many people bitcoin is an investment asset just like gold they will hold it in long term to get profit out of it for many other bitcoin can be a key to freedom because they can do any transaction and none can track them ever. In my own idea, using bitcoin you can be free and rich both in same. Some other people believe, sooner or later bitcoin will take fiat's place. Generally, this can have several usage depending on yourself.
Yes that is correct. Every individual has a different perception in life so we treat BTC according to how we appreciate it. When I make myself involved to crypto my goal is just to earn a big amount of money, save it, and then become rich if I can. Later on I feel freedom through it because no one controls me so I can manage it according to how I want to manage it like managing my own business and my only problem is how am I going to make it grow more after I earned. I also feel freedom because I can have money in my own ways. We all know how difficult today if we have no permanent job and this pandemic making it more worst.
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Vatimins
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April 22, 2021, 03:08:20 PM |
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Well, you have a point. But the thing is, you cannot force things to happen the way you want them to. Every circumstance that comes is a product of a series of decisions that we have made in the past. There are a lot of tools availabe for everyone to succeed. What differs is the attitude people show towards adversities and how they use these tools that are already there for them to improve more in everything they do, write or say. Experience is a great teacher. Bitcoin wasn't made for this but it is what it is today, ride the tides instead of going against it.
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dificanovi
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April 22, 2021, 05:17:09 PM |
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I think bitcoin can make us rich and feel free. people who have bought quite a lot of bitcoin in 2017 or before when the price of bitcoin was cheaper then they are now very rich people. Experienced traders and investors going to get rich with bitcoin all need meticulousness and patience to get satisfactory results.
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btc-room101
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April 23, 2021, 05:10:03 AM |
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Right to say bitcoin wasn't created to make us rich but to give us financial freedom and becoming our own bank and eliminating the middle man in every transaction, if a person gets rich just by holding bitcoin then it should be seen as a compensation for not dumping it too soon, I think this is the point we have to make clear for noobs, cause alot of them see Bitcoin as a get rich quick thing.
Every person was dreaming to have a financial freedom at an early age as they can and the fact that today the importance of money really matter because you can't purchase products and services without it. Personally, what I realize about bitcoin especially in this time of pandemic was bitcoin was created for people to use as another way of source of income, to help people ease the difficult times of living. Bitcoin was created not exactly to make you rich because getting rich is depend on how do you dealt with crypto world wisely but getting rich with the use of bitcoin wasn't impossible. All the reasons BITCOIN was created in 2010/2009 are lost, the bullshitters, liars, and criminals 100% have taken over BITCOIN What' worse is they embrace the IRS(coinbase), they take orders from Wash-DC ( no privacy ), Today's BITCOIN has 180 degree turned on the original premise of freedom, and protection from FIAT ran by an insane government. Wealth is not freedom, privacy is freedom; Todays BITCOIN is a collusion of Government Criminals, and low class street criminals.
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geegaw
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April 23, 2021, 02:54:27 PM |
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I think bitcoin can make us rich and feel free. people who have bought quite a lot of bitcoin in 2017 or before when the price of bitcoin was cheaper then they are now very rich people. Experienced traders and investors going to get rich with bitcoin all need meticulousness and patience to get satisfactory results.
You should be more precise, maybe rich and maybe free but an opposite situation can still happen, sometimes we lose our freedom, even become poorer by failures in bitcoin, perhaps we should clearly define the purpose and concept for which bitcoin was created, instead of creating the freedom or the opportunity to get rich, bitcoin appears only for the purpose of being a new technology, the rest is just a turn that many people want. Wealth and freedom depend on what we do in bitcoin or any other field, we are creating everything, not everything creating us.
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Rehan Zakir
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April 25, 2021, 06:40:50 PM |
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Yes you are saying right. Bitcoin is just a currency just like other currencies but the big difference between bitcoin and other currencies is that Bitcoin is a decentralized and no government controls Bitcoin. And its main purpose is that we can send or receive money within minutes from any place on the world.
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omone1
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April 25, 2021, 11:09:49 PM |
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With bitcoin technology, I can safely hide my money from the government and equally beat their inflation occasion by their reckless printing of money by merely legislative document. I hope people get to understand that bitcoin is not all about pricing and profit taking.
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