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Author Topic: Has the world become greedier since BTC?  (Read 1039 times)
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May 15, 2021, 08:34:40 PM
 #121

Because it has an impact on many technological advancements, everyone's goal is to make rich on things they don't truly need.
What they've seen in others is what drives them to want more, even if it doesn't satisfy them. All opportunities have been squandered owing to greediness from failure of expectations, just as they had been in the prior difficulties I experienced.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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May 16, 2021, 07:08:42 AM
 #122

Since BTC and crypto everyone wants to get rich and earn a lot of $. Everywhere you look it's the same story, be it BTC or any other shitcoin. It's obvious not everyone will make it.

Yeah, getting rich is nice and I also hope it will happen for myself but I feel the society is becoming way too materialistic. Also the greediness level seems very high, everyone want to get more and more.

What's your view on this?

Remember why Bitcoin was created? As a response to the bailout of a bank during the financial crisis. If there was ever greed at horrifying levels in the world, it was already there before Bitcoin existed. 2007!
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June 27, 2021, 03:01:58 PM
 #123

Not the greedy world but the greedy inhabitants of the world since the price of bitcoin is very expensive, in fact they are not interested in bitcoin but they are interested in the price of bitcoin, which is caused by their greedy nature (want to get rich quick).  Whatever is placed in the hands of the greedy will surely be exploited and used for greed.  But if given to someone free from greed, then the same thing can be used differently be it bitcoin, altcoin or fiat.  May we be included in the part of people who are greedy, who justify any means to fulfill their lustful desires.
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June 27, 2021, 03:54:42 PM
 #124

Since BTC and crypto everyone wants to get rich and earn a lot of $. Everywhere you look it's the same story, be it BTC or any other shitcoin. It's obvious not everyone will make it.

Yeah, getting rich is nice and I also hope it will happen for myself but I feel the society is becoming way too materialistic. Also the greediness level seems very high, everyone want to get more and more.

What's your view on this?

It's true until some extent because there are many people who thing crypto or bitcoin is a money making scheme or a get rich quick strategy.
This is usually because of the high returns bitcoin has given over the past few years.
But at the same time there are also many people who think crypto is a scam or fake or used only for illicit activities.
So I think that the world has all kind of people whether it be greedy or paranoid.

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June 27, 2021, 04:11:00 PM
 #125

Anyone with endless greed usually they don't want to stop at a certain level. I have also never denied that I am not greedy, for example BTC is up $60k and I want it to go up and even higher. This is in all of us because in reality everyone wants to gain more for themselves and it is never enough.

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June 27, 2021, 05:36:55 PM
 #126

Anyone with endless greed usually they don't want to stop at a certain level. I have also never denied that I am not greedy, for example BTC is up $60k and I want it to go up and even higher. This is in all of us because in reality everyone wants to gain more for themselves and it is never enough.

All of bitcoin investors and speculators want to bitcoin to only grow as this means it is widely accepted and leads to higher demand and results in price rise. Bitcoin has definitely changed the way things it used to work before as well open a new horizon to think now and invest in this as well rather than conventional asset classes.


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June 27, 2021, 06:05:46 PM
 #127

Almost everyone expects more from cryptocurrencies since BTC is well-known and its price keeps going up until it reaches thousands of dollars for just 1 BTC. who is not tempted by the benefits that can be obtained if investing in Bitcoin or in other altcoins when prices are still low.

But many people do not understand about the risks that will occur. The risk in cryptocurrencies is huge because the volatility is very high. The assets owned will remain but the value will certainly decrease or increase. Rapid price fluctuations make Crypto a digital asset investment medium that is profitable for those who know it and will be detrimental for those who do not know what to do.

Many traps and scam projects in cryptocurrency, do not only look at the profits to be obtained, but also have to take into account the losses that could occur.
Being a smart user will save our investment.
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June 27, 2021, 06:39:08 PM
 #128

btc is not the same as fiat and should not be confused as they are very different.
as for the greedy problem, every human being certainly has such a nature and it has become human nature to be greedy but here there are those who still have limits and some are not and we cannot avoid this even though it can be avoided but there are times when everyone can be greedy in their own way each

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June 27, 2021, 06:54:34 PM
 #129

Anyone with endless greed usually they don't want to stop at a certain level. I have also never denied that I am not greedy, for example BTC is up $60k and I want it to go up and even higher. This is in all of us because in reality everyone wants to gain more for themselves and it is never enough.

All of bitcoin investors and speculators want to bitcoin to only grow as this means it is widely accepted and leads to higher demand and results in price rise. Bitcoin has definitely changed the way things it used to work before as well open a new horizon to think now and invest in this as well rather than conventional asset classes.


Bitcoin grows its popularity that leads more to its adoption and along with this is also its price increase. The higher its value settles, the more poular it become. And because of this, the nature of the people being greedy started to grown too. Everyone wants to accumulate bitcoin more than what others have because the bigger amount of bitcoin you have, the higher the value of profits you will gain.

And since then, people have become more greedy. It's the mindset of the people that made them greedy and not  bitcoin alone. Because bitcoin in the real sense encourages more freedom and financial independence and being greedy is out of its picture.

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June 27, 2021, 10:44:48 PM
 #130

Bitcoin was created to ease the selling, buying of merchants or goods, even transfer of money around the globe,

beside, BTC has given everyone a chance to earn, specially who have knowledge,

However, some others, who tasted financial freedom, didn't satisfy their self, and wanted to keep and get more BTC, to secure their future.




 

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June 29, 2021, 01:56:59 AM
 #131

Perhaps most people begin to contact the currency because I heard that it can bring huge benefits, people are yearning for freedom of wealth, is the nature of human greed, I don't think because the currency so that they become like this, so it is human nature, but we can never be just profits and not losses, people's desire is strong, But we need a clear understanding to better grasp the timing, so that we will not be frightened by the temporary market turmoil.
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June 29, 2021, 02:06:44 AM
 #132

Before BTC, the world is already greedy. Look at Silicon Valley for instance. They are very successful in that region and the tech companies keep expanding like facebook and google that they are buying lands displacing the locals in the area. These locals are forced to buy or rent a place at a high rate.

With BTC, the greed is so much visible because the supply is very limited to 21M while the population in the world is about 8Billion, its sure not enough for all and you can see a single person have more than 5K BTC. The whales are spreading fud and then grab the coins from you with weak hands.

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June 29, 2021, 02:42:52 AM
 #133

Perhaps most people begin to contact the currency because I heard that it can bring huge benefits, people are yearning for freedom of wealth, is the nature of human greed, I don't think because the currency so that they become like this, so it is human nature, but we can never be just profits and not losses, people's desire is strong, But we need a clear understanding to better grasp the timing, so that we will not be frightened by the temporary market turmoil.

I also think that Bitcoin is not the cause of greed, because not everyone who buys Bitcoin becomes greedy. It depends on how everyone controls
the greed that exists in humans, because greed has existed since humans were born. It's a natural thing that exists in every human being, so Bitcoin
can't be blamed for making some people greedy. Therefore, there are basic rules that we must obey so that we can avoid greed when investing in Bitcoin.

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June 29, 2021, 02:49:39 AM
 #134

Before BTC, the world is already greedy. Look at Silicon Valley for instance. They are very successful in that region and the tech companies keep expanding like facebook and google that they are buying lands displacing the locals in the area. These locals are forced to buy or rent a place at a high rate.
Just now that i come across this Place and yeah looks like improvement is contagious and the place is going high tech

https://en.wikipedia.org/wiki/Silicon_Valley

But if this will take away the rights of the people then this is nothing but a BS place.

With BTC, the greed is so much visible because the supply is very limited to 21M while the population in the world is about 8Billion, its sure not enough for all and you can see a single person have more than 5K BTC. The whales are spreading fud and then grab the coins from you with weak hands.
and the volatility is luring people from being a good person to greedy one and that is indeed what is happening .

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June 29, 2021, 06:03:40 AM
 #135

all living in this world are all greedy, from government, people, big companies, even rich people, so I don't agree if you say that since there was btc the world has become greedy, the proof is that before btc existed this world was greedy, the rich oppressed the poor, the government oppresses its own people, what is the reason you say the world has become greedy since btc..
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June 29, 2021, 06:37:22 AM
 #136

Before BTC, the world is already greedy. Look at Silicon Valley for instance. They are very successful in that region and the tech companies keep expanding like facebook and google that they are buying lands displacing the locals in the area. These locals are forced to buy or rent a place at a high rate.
Just now that i come across this Place and yeah looks like improvement is contagious and the place is going high tech

https://en.wikipedia.org/wiki/Silicon_Valley

But if this will take away the rights of the people then this is nothing but a BS place.

With BTC, the greed is so much visible because the supply is very limited to 21M while the population in the world is about 8Billion, its sure not enough for all and you can see a single person have more than 5K BTC. The whales are spreading fud and then grab the coins from you with weak hands.
and the volatility is luring people from being a good person to greedy one and that is indeed what is happening .


When Facebook, Google, and Apple expand, they buy up acres and acres of land where people are going to be displaced because the city mayor had to sell them. Many residents of course protested but these are powerful companies already. You can literally see the homelessness in this part particularly in Bayarea where tents liters.

Now with digital currency, also expands the gaps between rich and poor. You might also end up selling the BTC you have in panic when the whales are dumping their coins as bear market comes.

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June 29, 2021, 06:38:32 AM
 #137

Since BTC and crypto everyone wants to get rich and earn a lot of $. Everywhere you look it's the same story, be it BTC or any other shitcoin. It's obvious not everyone will make it.

Yeah, getting rich is nice and I also hope it will happen for myself but I feel the society is becoming way too materialistic. Also the greediness level seems very high, everyone want to get more and more.

What's your view on this?

Remember why Bitcoin was created? As a response to the bailout of a bank during the financial crisis. If there was ever greed at horrifying levels in the world, it was already there before Bitcoin existed. 2007!
True, greed has always been there but since the existence of Bitcoin, people have now found a new investment that can supposedly make them satisfy that greed quicker.
This is no longer news, people have seen cryptocurrencies as a means to getting rich quicker and satisfying the greed that's already in them so it is not BTC that's is causing the greed but just a way people believe they can make money quicker to satisfy their want even more.
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June 29, 2021, 12:23:46 PM
 #138

We as a species is inherently greedy, and no we didn't become greedier because of bitcoin, the population just popped really high that's why the feeling of the world becoming greedy is just amplified. Bitcoin is just a medium so it's up to the people that uses it how they wsnt to be perceived.
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June 29, 2021, 01:18:07 PM
 #139

Since BTC and crypto everyone wants to get rich and earn a lot of $. Everywhere you look it's the same story, be it BTC or any other shitcoin. It's obvious not everyone will make it.

Yeah, getting rich is nice and I also hope it will happen for myself but I feel the society is becoming way too materialistic. Also the greediness level seems very high, everyone want to get more and more.

What's your view on this?

I believe that with the arrival of BTC and other cryptocurrencies on the market, nothing has changed much with people. Even before BTC and crypto, people also sought to make money and become rich, they just used other tools to achieve their goal. For example, such directions as MLM or HYIP. They also collected a lot of money and many also lost their investments. So with the arrival of BTC and crypto on the market, people were already obsessed with making a profit, and cryptocurrencies just opened up new avenues for this.
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June 29, 2021, 01:34:05 PM
 #140

We as a species is inherently greedy, and no we didn't become greedier because of bitcoin, the population just popped really high that's why the feeling of the world becoming greedy is just amplified. Bitcoin is just a medium so it's up to the people that uses it how they wsnt to be perceived.
- Population is also really part of making us feel more cramped and scarce, assets become more expensive and we also feel more greedy to seek comfort in life but we should also include bitcoin in this impact, maybe not the entire world population but a certain part is also changing through bitcoin because so many rich phenomena have appeared here, even many people without knowledge want to participate, it is enough to understand the gravity of the bitcoin story


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