Has the world become greedier since BTC?

[online73]

Hello everybody. To some extent, we can say that people have become "greedier". But it fits perfectly into human nature. As clever people say, "a fish is looking where it is deeper, and a person is looking where it is better." So here, while a person is alive - it is quite normal that a person has received something for free (after all, the cost of Bitcoin started from absolute zero) - having come to a price of 50K, he wants even more.

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[blue_nexus15]

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?

My point is yes. Whenever you enter the crypto industry. You must love it, indulge it. You put your money in it. No one wants losses and profits to be borne out. That means you stay up late, more optimistic, you will have the habit of tracking prices anytime, anywhere. All of that speaks volumes about my ambitions or, less, my hopes for my investment. Nobody is stupid to throw their money away ^^

[btc-room101]

Hello everybody. To some extent, we can say that people have become "greedier". But it fits perfectly into human nature. As clever people say, "a fish is looking where it is deeper, and a person is looking where it is better." So here, while a person is alive - it is quite normal that a person has received something for free (after all, the cost of Bitcoin started from absolute zero) - having come to a price of 50K, he wants even more.

There is no such thing as a free lunch

Bitcoin cultists seem think all is free; Always looking for that free 'air-drop'

Just like free stimmy-checks to the moon, thank uncle joe

Parents want a better life for their spawn, normally the 16-32 year old crowd is the most easily dominated by bullshit of all humans, children are naturally skeptical of bullshit. People who make it past 40, are skeptical of most bullshit.

They shipped your jobs to China before you were ever born. They have told you all along, by the time you reach 62, there will be no social security.

Like sports, of all who play only a small number become super-stars and make the bucks, and get the chicks

Most young people ( under 30 ) today are living at home with parents, unheard of in USA history. Used to be they kicked you out when you finished highschool, an you never came back.

So what choice do they have? Unless you go to a good school, or have the right connections, impossible to get a job a GOOGLE

Baristsa was the thing a few years ago, but now COVID has killed that

So the only thing possible is CRYPTO, however like eToro says on registration "90% lose their principal the first 30 days of tradiing", so then comes HODL, which is the most evil of all, because they're told to buy into the ponzi, and never cash out.

It's all hopeless, and that is what drives the ponzi, but make no mistake the future of the USA is hopeless. Lockdowns are permanent, the system has no intention of return anything to the way it was before, the likes of GATE & the Billionaries like Musk has always been to keep the poor off the streets, to keep the beaches clean for the elite, and the forest trails.

Greedy, no the system has failed its next generation, 'easy riches' are one of the few escapes.

Frankly speaking, YES. People are getting greedier and without even doing 1% of research they start falling for 100% scam projects. This might be a greater risk in the long run because governments will use it as a tactic to put a ban or put more taxes on cryptocurrencies. I understand that the scammers should be the ones who should be held accountable here but the people who just think that their money will get doubled in a month are also accountable. It's greed that is taking over them.

The GOV has been running the Exchanges for a long time, and allowing the scams

Don't ignore the fact that easy takings of cash from weak people is  an alternate to taxing the majority.

The police have long had asset forfeiture upheld by the highest courts, even though the cops just share the money for xmas party's, its  not like it goes charity, or even the general fund.

Now you have every copy shop in the FED gov hosting or fronting these scam's like COINBASE; Your money is stolen, and there is nothing you can do.

The GOV loves this easy money, and especially all branches of law enforcement.

Sure politicians will speak out, and maybe even penalize the honest BTC holders, make clearly understand that the high level criminals are some of the largest contributors, and are already working with the FBI & IRS.

The argument has been the GOV must operate 'silk-road' to find out who the bad buyers and sellers are, in reality as all know all the cocaine & heroin on earth is controlled by the CIA.

I agree with you on the most simple level, but please remember that the places the GOV shuts down will be the good honest operators, the criminal enterprises have already PAID for PROTECTION.

Hell just the other day FBI paid a SiliconValley firm $5M USD cash to management their stolen BTC fund for the Fed's. The same exchanges that steal normal peoples funds everyday.

[moderator's note: consecutive posts merged]

[Blitzboy]

I think people are always greedy because we have seen different bubbles throughout history. Moreover, thieves, scammers and relentless corruption are the evidences that humankind is not good at all. Even though our morality in the modern world somehow change, it is hard to replace human' natural characteristic.

But who cares? They have to work 10 hours a day, 7 days a week. How can people cope with life if they do not have money? IT is not their faults. It is just the nature of everything. People just want to survive.

[777Jolami]

I think people are always greedy because we have seen different bubbles throughout history. Moreover, thieves, scammers and relentless corruption are the evidences that humankind is not good at all. Even though our morality in the modern world somehow change, it is hard to replace human' natural characteristic.

But who cares? They have to work 10 hours a day, 7 days a week. How can people cope with life if they do not have money? IT is not their faults. It is just the nature of everything. People just want to survive.

I agree with this view.  Everyone has greed from human nature.  Even without bitcoin, they still trample each other in everything, work, life, they envy each other, they fight.  Their purpose is money, social status, classes are bound by the system, they overlap, using all kinds of tricks together just to satisfy their infinite greed.  Many murder cases, appropriation, have also come from that.  Bitcoin is no exception, but it's still more fairness in the damn life in reality.  I'm tired of them.

[Ewox]

I don’t think Bitcoin or any other cryptocurrencies has to do anything with regard to people who are greedy. If a person is greedy, he is really greedy whether he/she has fiat money or cryptocurrencies. And most people want what they can’t afford too because of social media and so when they have a certain amount of money out of trading or whatnot they tend to get greedy and want more.

[xSkylarx]

Being greedy is part of human nature because all of us wish to live a comfortable life and don't have to worry about our future. Because of the gains that cryptocurrencies can give most of us experience this. People who are not greedy enough and only focus on their goals will succeed in crypto space. Some people dream of more gains even if their crypto already increased 1000%. They forgot to take profit thinking that the price they're dreaming for that coin will happen and make them rich.

[nicecrypto]

I don’t think Bitcoin or any other cryptocurrencies has to do anything with regard to people who are greedy. If a person is greedy, he is really greedy whether he/she has fiat money or cryptocurrencies. And most people want what they can’t afford too because of social media and so when they have a certain amount of money out of trading or whatnot they tend to get greedy and want more.

I agree with you and I too believe that greed is just a natural thing with humans it just so happen now that those of us that have greed now think there is an opportunity to even make quicker money and without thinking of the consequence, go over board in their investment and no reliable target for taking profits. .

[ChrisPop]

I think materialism is about wanting things you don't need to "feel good" or to impress other people. Accumulating wealth is not materialistic, but part of human nature to achieve freedom. Yes, freedom can be interpreted. Some might argue that freedom means the free will we all have to make choices no matter what our circumstances are. IMO we should make a difference between spiritual freedom and financial freedom.

I agree there are many materialistic people in the world and the trend is surely raising with the massive amount of products that are being created and social media boasting. Bitcoin isn't contributing to this though. If you ask me it is quite the opposite. We all know there are people who sell their material stuff (cars,watches, consoles, etc.) to purchase an immaterial form of money.

We can ponder if it is really a matter of greed or of increased financial education and that cryptocurrencies are the way to go forward?

[traderethereum]

Being greedy is part of human nature because all of us wish to live a comfortable life and don't have to worry about our future. Because of the gains that cryptocurrencies can give most of us experience this. People who are not greedy enough and only focus on their goals will succeed in crypto space. Some people dream of more gains even if their crypto already increased 1000%. They forgot to take profit thinking that the price they're dreaming for that coin will happen and make them rich.

If they forgot to profit when the price reaches the highest price, that would be their mistake and they can not regret it for what they already did.
Before we become greedy, maybe we can control ourselves, so when we feel that we want more profit while the situation is not right, we can know that is because our greediness becomes bigger.
As long as we can know when we should take profit and feel enough for that profit, we can control greediness.

[suzanne5223]

Logically, every man is a pursuiter of happiness (which got be power, love, money, etc) but in the state when there's no genuine equity within the society, politics, place of work, etc. People will be greedier and want to abuse/overuse every opportunity they see and careless about hurting the next neighbor this what affecting the world and also lead to terrorist, online theft, etc.

[Reosta_]

The world has been much greedier since cryptocurrencies. And the greediness level increased at a so high rate especially in the last one year. Because the market went to the moon and many people also started making investments after seeing this.

[Blitzboy]

I think people are always greedy because we have seen different bubbles throughout history. Moreover, thieves, scammers and relentless corruption are the evidences that humankind is not good at all. Even though our morality in the modern world somehow change, it is hard to replace human' natural characteristic.

But who cares? They have to work 10 hours a day, 7 days a week. How can people cope with life if they do not have money? IT is not their faults. It is just the nature of everything. People just want to survive.

I agree with this view.  Everyone has greed from human nature.  Even without bitcoin, they still trample each other in everything, work, life, they envy each other, they fight.  Their purpose is money, social status, classes are bound by the system, they overlap, using all kinds of tricks together just to satisfy their infinite greed.  Many murder cases, appropriation, have also come from that.  Bitcoin is no exception, but it's still more fairness in the damn life in reality.  I'm tired of them.

The system is likely to control everything unconsciously. People cant either run away from it or fight for their freedom. Ironically, only a few people are capable of realizing how bad the society is and how it is controlled by the system. But as long as our relatives are connected to the system, we will are strongly affected

[bosede1]

I can vouch for you that the richest person in the world is not yet satisfied and work hard in getting more not to talk of average people who are trying their best to get what they want and this is not a crime just that the rate and extent at which some people go with this is not right but not everybody.

[big kid]

Lol. World always was greedy. Just remember the gold rush. And then you can find more examples.

[Evgenklm]

I would call it greed, a person seeing that it is possible to earn a little tries to do even more and more and this most often does not lead to good, so bitcoin in cryptocurrency as a whole tends to help people in another way, namely with its technology that facilitates p2p transfers.

[Sterbens]

It's part of human history, everyone is greedy, from the rise of Roman empire to WWII. So I don't think that Bitcoin help to accelerate it, Wall Street have been doing this for half a century, making money out of thin air, running Ponzi schemes etc.

And so there's no need to put a blame of Bitcoin, well at least people understand how someone increases his wealth overtime.

correct what you say there is no need to blame Bitcoin for cases like this.
if they realize how much Bitcoin has helped us and everyone because it has changed the economy for the better. It's the simple point, to a much bigger point, that the presence of bitcoin is a reward for anyone who currently owns Bitcoin and is free from the control of any authority..

[Similificator]

Sorry to say this but I really think that that kind of thinking is too simple and very childish. With common sense any person in their right mind can be able to understand that greed has nothing to do with anything but the person itself who is greedy. Anything that is placed on the hands of the greedy will surely be taken advantage of and used for greed. But if given to a person that is free from greed, then the same thing can be used differently be it bitcoins, altcoins or fiat. I hope that is easy enough for you to understand.

[Dewi Aries]

Maybe yes, but it is human's nature. I am not resist since i know BTC, i keep want more and more. If bitcoin price increased, i am not sell my coins keep holding until i get more. I think that can be called greedy too because people keep want to get highest profit as they can.

[sapnu]

We call all agree that the world is full of greedy individuals even way back bitcoin hasn't existed yet. It is a part of the human nature, the desire of wanting much more than we need and getting more regardless of how detrimental it is to others. As bitcoin emerges and becomes successful, at some point people became much more greedy. As they get to know a simple and convenient way to wealth, they end up wanting more and more as time passes by. We cannot deny the fact that bitcoin is actually for greedy people, just be looking at the hodl mindset, we can already see that it is for people who desires for more.