How important is BTC to the Society?

[Davidvictorson]

Have be thinking about the importance of cryptocurrency, especially BTC in our society today and the nearest future. And how is going to improve the Society especially our environment and economic.

One of the importance of Bitcoin in my society is that it is helping to achieving one of the United Nations, Sustainable Development Goals(SDG).The Sustainable Development Goal 6(SDG6), is to ensure availability and sustainable management of water and sanitation for all.

In May, 2022 around $6,000 in BTC at the time was used to complete a clean and sustainable water project in Igbaruku community, Kogi State, Nigeria. Over 1,000 villagers live in this community. At that time, they had no access clean drinking water and had to travel long distances every day just to get to the one water source that is even close to them. And even the one source of water there is contaminated, which complicates matters and frequently results in waterborne illness among the villagers. But now with the new water system, they are healthy, and no longer have to walk long distances to get water. This is  how important bitcoin is to the society.

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[GigaBit]

Bitcoin usage has been steadily increasing over time. As a result, the use of Bitcoin is increasing socially. Now people can do various daily tasks with Bitcoin. It has become a popular medium of exchange especially where it can be used with out any doubt. Because it is very easy to use at low cost and safely. BTC is now a great opportunity to earn money on trading platforms. It is currently easier to make large financial transactions with Bitcoin than the fiat. Bitcoin acts as an alternative to the current banking system. Transaction does not require a third party. Facilitate money transfer anywhere in moments. Above all, employment opportunities are slowly emerging around Bitcoin.

Bitcoin is highly volatile as a result of which it cannot keep up with the value of the asset. But continuously made important contributions to various issues, including alternatives to Fiat. Bitcoin is a decentralized, peer-to-peer currency system. Currently PayPal accepts Bitcoin which makes it easy to value. No need to rely on government, banks and payment providers for transfers. To participate in the Bitcoin monetary system, all that is required is an Internet connection.

[borovichok]

We use bitcoin for multi tasks and there are many ways it has shown that's it's worth it and can survive in our universe. We use it as a means of payment and also for investment, because it has a promising future, it's just a matter of time before we all know the outcome. Bitcoin is essential to the society and have help countless individuals to achieve their possible goal in cryptocurrency. There's are many ways bitcoin have aides in developing the means of payment. It's actually better than fiat currency and Government of some of the countries are imposing laws on bitcoin inother to reduce the way people used it.

[S_Speche]

Bitcoin is art.

As any piece of art, its beauty gets brighter and greater as you understand it. Unlike many contemporary art examples, Bitcoin's beauty can be experienced by most people. that's the main goal of its decentralized character. Bitcoin is art because the process of understanding it is entirely subjective, and it goes through several layers. This layers are only to be discovered if you are able to surrender your ego, and decide to submerge into the rabbit hole. Its surface traps you with your own greed being reflected, so you could see it as a speculative asset, or magic internet money. But it is just a thin layer of what Bitcoin is underneath.

Each new cicle Bitcoin has successfully proven that its value is real. Understanding this, requires the observer to question what is value, what is money, how our system works. No art piece before Bitcoin had achieve this level of self reflection and awareness in a more effective and decentralized way. But there is more, as value is just one of those layers you could see if you decide to understand Bitcoin. When most people get to understand the layer of value, Bitcoin is already unveiling how it could be the solution for other problems that many though unsolvable.

Since genesis block there where keys hidden into those other problems that Bitcoin could fix:

https://pbs.twimg.com/media/FepmTreWYAY6Pao?format=jpg&name=4096x4096

There is a correlation between economic crisis and wars. War has been though as a escape, as a perfect smokescreen, but each war only deepens the hole. Bitcoin doesn't like wars, as its price has proven each time they succumb to their madness. Bitcoin is art because when you as a Bitcoiner realice this fact, you can't be in support of war as it will affect your bags. Bitcoin means of expression is trough truth, and truth is tough. But again, this chicken and egg situation between war and economic crisis is just another layer. And the rabbit hole goes way deeper.  

Bitcoin is art because when you get to understand all this, you'll ask yourself if Bitcoin is some kind of magic; If it was created by aliens, or an artificial intelligence. But the only real and logical explanation is that it was created by an artist. Bitcoin is such a powerful Graffiti on the central banks walls, that the artist haven't had the need to speak, as this art piece is strong from within, and it speaks loud and with eloquence.

Bitcoin's expressiveness reach is now knocking on climate change doors, presenting itself and standing as a solution for the most crucial problem in humaniti's history. While most of Bitcoiners haven't even recognize it as a problem yet, Bitcoin is already solving it. But proposing itself as a solution for climate change is just another layer.

Bitcoin is an ever evolving powerful art piece without any aesthetic limitations on what it could accomplish.The most ambitious global graffiti timechain.  

[Sharonchy]

Have be thinking about the importance of cryptocurrency, especially BTC in our society today and the nearest future. And how is going to improve the Society especially our environment and economic.

Bitcoin is an alternate kind of money for transactions that is unconstrained by politics. Its usage and supply are not governed by a single, central body or person. Instead, the network is collectively owned by all Bitcoin users. Due to its decentralization, payments may be sent and received without intervention from other parties anywhere in the globe.

With bitcoin, businesses, retailers, and individuals have the flexibility to send and receive payments and make investments anywhere in the world. Greater autonomy in financial transactions and wealth management is guaranteed, something that traditional methods do not.

[BALIK]

We use bitcoin for multi tasks and there are many ways it has shown that's it's worth it and can survive in our universe. We use it as a means of payment and also for investment, because it has a promising future, it's just a matter of time before we all know the outcome. Bitcoin is essential to the society and have help countless individuals to achieve their possible goal in cryptocurrency. There's are many ways bitcoin have aides in developing the means of payment. It's actually better than fiat currency and Government of some of the countries are imposing laws on bitcoin inother to reduce the way people used it.

Bitcoin is truly a versatile tool, it includes all the features of fiat money and gold combined, and it has changed many people's lives. If it continues its current momentum and is not challenged by the government, then bitcoin has a lot of chances to become something big that can have more impact on society in the future. But so far, bitcoin cannot be called important or has a great impact on society, more than half of the world's population still do not know and use bitcoin, they are fine without bitcoin.

[Emitdama]

In my country, there are thousand of people who quit their job and started to either full-time trade crypto or they are working in the crypto world. Like for example, I know so many developers who used to work as junior developers in companies and got paid somewhere close to 400$ per month, and now the same people work for 1-3k dollars a month for crypto companies for the same skills that they have. Sure the language is a bit different but they say this is easier than regular development works.

So, it is clear that redistribution of wealth could be a lot easier thanks to crypto, and bringing foreign currency into nation is a lot easier this way as well.

[TheUltraElite]

In my country, there are thousand of people who quit their job and started to either full-time trade crypto or they are working in the crypto world. Like for example, I know so many developers who used to work as junior developers in companies and got paid somewhere close to 400$ per month, and now the same people work for 1-3k dollars a month for crypto companies for the same skills that they have. Sure the language is a bit different but they say this is easier than regular development works.

Getting into a new employment with similar job security is difficult in such time specially in jobs for developers. I believe some countries might be getting this example due to reasons unclear to me, but most low income countries might not see a similar rise in crypto-paid developers, yet.

But it is good to hear that they are being paid well for the same job. Thing is that such jobs once they sink in, they stop paying well and start to reduce the monthly salary, knowing  that the employees are at their mercy because they quit their jobs. I hope the same does not happen to these locals.

So, it is clear that redistribution of wealth could be a lot easier thanks to crypto, and bringing foreign currency into nation is a lot easier this way as well.

I dont agree with this because fiat will be there in future in some form. Crypto based salaries will vary depending on how much an average person needs to spend in order to live - but again the valuation comes from fiat. Equal distribution is a utopian thinking and hence not practical, still it would be interesting to see if that happens in real.

[Cryptodebjoe]

BTC is the most valuable of all crypto currencies and to a large extent widely accepted because it's safer and no scamming is foreseeable so it becomes a safe haven for business men who wants to invest for the long term.... I personally bought  BTC and open accounts for my kids..... Knowing that in the nearest future it will serve as a backup plan for thier fees, upkeep or some sort of emergency.... That how important it is to me and many others in the society....