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Author Topic: You Think Bitcoin Save Your Economy  (Read 1200 times)
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January 20, 2022, 05:12:47 PM
 #121

What are your thoughts on this. Could this cryptocurrency help people give some new direction?
Bitcoin will only benefit those who own it, trade it, and invest with it. Bitcoin will not solve the economic problems of anyone who is not directly involved with it because without bitcoin you can't say everyone will enjoy everything. Yes it can help, but only for anyone who cares and maybe not for everyone.

Bitcoin has nothing to do with the economy. It is not going to bring back lost jobs. When you impose lockdowns on countries and shut down the global economy, people will lose their jobs, the inflation will go on rampart... Bitcoin isn't magically solve these problems because it is completely unrelated.
As I said, it's not for everyone, but it's probably for the majority of people who have owned and traded it over the years. I think it is safe to say that during the pandemic bitcoin has helped its users financially till now especially for those who have invested and held large amounts of it.



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January 20, 2022, 05:23:42 PM
 #122

I don't think 100% BTC is a savior because we never leave our main job, but at least with BTC, our financial situation is better than before because we are one of the lucky ones when I forgot to have saved some BTC in one of the exchanges and someone reminded me at the bull market.
bitcoin is just a form of investment and indeed we do not have to leave the job we have to invest because this is something that is only for future savings.
with bitcoin at least we can make our finances more focused in the future because we can invest our money for future supplies later.
apart from the advantages and disadvantages it is a risk that is faced but on the other hand we also need social and work to support our lives and cannot completely stand idly by with bitcoin.

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January 20, 2022, 05:52:46 PM
 #123

Yes, bitcoin really save our economy during pandemic where many things the government use to improve the economy whenever the economy is reducing in the country. During the pandemic many youths in the community came to discover that bitcoin is a real decentralized currency that will help users to improve their businesses and other things in the community.
Those country that accepted bitcoin really celebrated Christmas and new year very well than those that don't accept bitcoin in their country. During the celebration many bitcoin users were everywhere for celebration and happy with what they have achieved at the end of the year.

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January 20, 2022, 11:48:29 PM
 #124

Yes, actually really help my economy and finance. So far, we have seen how Bitcoin can really save many people. Although some of them may also lose their money because of Bitcoin. Butin fact, many people also can increase their life better with Bitcoin.
Bitcoin is not only an investment for the long term. But Bitcoin is also a way to earn money again especially through trading or short-term holding (at least this is what I really do so far). Although we know much how risky Bitcoin, but, as long as we can understand how to manage it, I think it is fine neough.
Bitcoin is not for a currency for me, because it is illegal if as currency in my country. But Bitcoin has given me more fiat in currency to save mroe my life.

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January 21, 2022, 06:05:10 AM
 #125

Yes, i think Bitcoin and other cryptocurrency save economy.
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January 23, 2022, 06:10:02 PM
 #126

in times of pandemic like this bitcoin is a very appropriate investment but you have to understand how to use it if it's wrong it will be a loss but if you have knowledge of crypto then there is a big advantage investing in bitcoin.
Yes, it really should be handled with great care, by reference to normality it is always known that in every speculative market at the moment of having a global fundamental it directly affects the market in a negative way, this is like outdoor food for bears, where obviously they take advantage of this slide that the market presents for their own benefit, and of course 'for many traders to go short so as not to miss the moment. Here an intelligent person can take the opportunity to buy cheaper and wait until they obtain good profits, which in BTC is totally safe.

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January 23, 2022, 07:48:13 PM
 #127

in times of pandemic like this bitcoin is a very appropriate investment but you have to understand how to use it if it's wrong it will be a loss but if you have knowledge of crypto then there is a big advantage investing in bitcoin.
Yes, it really should be handled with great care, by reference to normality it is always known that in every speculative market at the moment of having a global fundamental it directly affects the market in a negative way, this is like outdoor food for bears, where obviously they take advantage of this slide that the market presents for their own benefit, and of course 'for many traders to go short so as not to miss the moment. Here an intelligent person can take the opportunity to buy cheaper and wait until they obtain good profits, which in BTC is totally safe.

Wise and experienced traders have that kind of mindset that excel when time like this showing around, you need to adjust and make sure that you do understand the situation. If not, the chance of losing is very possible. Looking with the same perspective as big holders and institutional investors, they know well on how they can gain benefits.

This market momentum is for those who can read and follow the momentum, not easy but bitcoin helps in terms of financial
gains, though, only if you focus and appreciate the sway.. Roll Eyes Cool

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January 23, 2022, 08:43:03 PM
 #128

bitcoin is not a savior about our current economy but they can bridge us for a better economy.
the effort out there is very important but indeed we cannot underestimate the impact of bitcoin itself.

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January 24, 2022, 05:41:10 PM
 #129

Of course, Bitcoin not only saves your economy but also increases the value of your capital.
Bitcoin and cryptocurrency is the best solution to unemployment in a third-world country. These countries not only boost up their economy after its legalization but can also generate revenue through the bitcoin and cryptocurrency business. Many students in these countries are not a burden for their parents, Because they meet their educational expenses through the bitcoin business.

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January 25, 2022, 04:37:24 AM
 #130

Bitcoin has been gaining popularity in many countries of the world since last year its use has increased in a very short time in many countries of the world. One of the reasons for this is the expectation of making more profit with this bitcoin in a short time but bitcoin can't save the economy completely. While making a profit through long term investment in bitcoin, no one will give up the main job bitcoin will give a lot of profit if you can keep the right time in the market.
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January 25, 2022, 06:14:28 AM
 #131

Before know bitcoin i already have a job so bitcoin basically not fully save my economy because I can earn money without bitcoin from my monthly salary but indeed i will admit since i know bitcoin i can increase my earning because bitcoin can provide another opportunity to earn money but although i can get more money from bitcoin i do not dare full time for it and quit from my real job because there always be uncertain situations from crypto world which makes me doubt
Well you have a point since we have our own living strategy even before we found bitcoin and we also have our own income without relying in Bitcoin .

now that we have crypto in our life , there is an upgrade that happens and yes our life is much better and cool now with cryptocurrencies in our side.

so congrats to all of us lol.


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January 26, 2022, 11:04:54 AM
 #132

Before know bitcoin i already have a job so bitcoin basically not fully save my economy because I can earn money without bitcoin from my monthly salary but indeed i will admit since i know bitcoin i can increase my earning because bitcoin can provide another opportunity to earn money but although i can get more money from bitcoin i do not dare full time for it and quit from my real job because there always be uncertain situations from crypto world which makes me doubt
Yeah, you should not quit your real job because jobs are more stable, no price fluctuations and can give other sure benefits but you can decide to quit it once things started to get bad like your employer always scolded you or the work makes you sick. Here in BTC, it is an online job and you can work freely without an employer. There is also ways to prevent your BTC from fluctuating.

In times of pandemic many of us lost their jobs but luckily there is a bitcoin that can save us. BTC is a digital currency and also helps us transact online so we can also be safe from getting the virus out there. It is nice to know that bitcoin is more than just a currency that we know. Thanks to the guys that made it.
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January 27, 2022, 09:11:12 AM
 #133

Only those who understand bitcoin would be interested in watching the movie. For others, it would just be a boring movie. It is better to let people choose how they want to learn.
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January 27, 2022, 10:24:17 AM
 #134

never cross my mind that bitcoin saved my economy , but this helps me to have better one .

because starting when i learn about this market and starts investing and advertising? my economy increase and now I may say that growing is what happening in my investments .
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January 27, 2022, 10:41:08 AM
 #135

never cross my mind that bitcoin saved my economy , but this helps me to have better one .

because starting when i learn about this market and starts investing and advertising? my economy increase and now I may say that growing is what happening in my investments .

I also feel that way since in the first place bitcoin has not been regulated nor its user getting tax by government so this one really not contributing on the economy for now. But if government will just adopt it and let it flow on their financial systems legaly then provably we can say that it can really help.

For now only my financial state has been change by bitcoin since really help to gain another extra profit by using it on multiple investment options.

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January 27, 2022, 02:25:13 PM
 #136

I don't think bitcoin is an economic saver but an economic supporter.

I haven't thought of bitcoin as my economic livelihood, I'm still doing my main job as an entrepreneur. Maybe bitcoin is more like a long-term investment for us. and I think most people agree with me

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February 05, 2022, 04:03:14 AM
 #137

never cross my mind that bitcoin saved my economy , but this helps me to have better one .

because starting when i learn about this market and starts investing and advertising? my economy increase and now I may say that growing is what happening in my investments .

I also feel that way since in the first place bitcoin has not been regulated nor its user getting tax by government so this one really not contributing on the economy for now. But if government will just adopt it and let it flow on their financial systems legaly then provably we can say that it can really help.
agreed , +1 on this mate , Bitcoin will sooner be but not in our short time now , maybe in the next 5-10 years it will already .

Quote
For now only my financial state has been change by bitcoin since really help to gain another extra profit by using it on multiple investment options.
exactly , our activities and strategies in crypto specially in bitcoin is what helping us , but the generality it wasn't .

so lets stay on this way of development for our future or our children next generation .
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February 05, 2022, 05:55:35 AM
 #138

I don't think bitcoin is an economic saver but an economic supporter.

I haven't thought of bitcoin as my economic livelihood, I'm still doing my main job as an entrepreneur. Maybe bitcoin is more like a long-term investment for us. and I think most people agree with me
personally, it can save the economy or not, it depends how to use it. Today, we know that many people have become entrepreneurs because of using crypto, especially bitcoin. I think that indirectly, this saves the economy of a country. if you think back, then the development of a company will be concerned with paying taxes that can help a country. this of course gets two very good things, namely a reduction in the number of unemployed and an increase in the number of entrepreneurs who will pay taxes. however, it can also be a negative thing depending on how it is used.

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February 05, 2022, 06:10:19 AM
 #139

I don't think bitcoin is an economic saver but an economic supporter.
I haven't thought of bitcoin as my economic livelihood, I'm still doing my main job as an entrepreneur. Maybe bitcoin is more like a long-term investment for us. and I think most people agree with me
personally, it can save the economy or not, it depends how to use it. Today, we know that many people have become entrepreneurs because of using crypto, especially bitcoin. I think that indirectly, this saves the economy of a country. if you think back, then the development of a company will be concerned with paying taxes that can help a country. this of course gets two very good things, namely a reduction in the number of unemployed and an increase in the number of entrepreneurs who will pay taxes. however, it can also be a negative thing depending on how it is used.

why not? You know that rich people in society are getting more opportunities to invest in real-life and are able to ensure good education for their children because they have the ability to spend while poor people are not getting the opportunity to change their lifestyle. This means that now the rich are getting richer and the poor are getting poorer.

This is leading to economic imbalances. But Bitcoin can solve this problem, anyone who invests in Bitcoin can change their lifestyle without having to be highly educated. I think Bitcoin is able to play an important role in maintaining the economic balance of the society



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February 05, 2022, 06:23:48 AM
 #140

Bitcoin is not a savior but perhaps more precisely is that BTC has helped the economic growth to be even more increased thanks to investment, and I'm sure not everyone is lucky because of BItcoin.
not all because some people are losing their money. the context will change, no longer focus on bitcoin being the savior of the economy or not. but back to our ability to manage the investment.
for me, bitcoin provides many benefits to my economy. from bounty campaign, trade, also investment. I do it gradually, not in a short time. and now I can enjoy better results.



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