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Author Topic: How important is BTC to the Society?  (Read 986 times)
worle1bm
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December 06, 2022, 06:35:24 AM
 #81

It depends on the social viewpoint of the society like how they want to treat their financial life and for me btc needs and importance depends on your personal approach more rather then social.If you are investing in it or will use it then it's because you see profits in it or there are many merchants around you accepting it not based on any social elements.So for me it's how important you see bitcoin for yourself not as a society on a whole.

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December 06, 2022, 02:09:52 PM
 #82

Important to make the life of people more easier since this could be made us an alternative option aside from other digital payments system. Also we could also use this for investment purposes so I guess people need to know how flexible bitcoin in terms using it on different options we like. But it need legal acceptance also proper education to people who want to use it so that they will not mislead on idea that this is easy rich scheme for them not to get scam by many frauds exist in this industry.
Bitcoin is very important to our present lives since the world is advancing into another era. There are major big difference Bitcoin have made over the years and investors tend to cope with the long-term project. Bitcoin have all the basic necessities needed to grown more further with enough backup from moderators and users. Bitcoin is legit and the amount of trading volume is increasing by the day with ease. There's enough time to get pieces of bitcoin in your wallet, just to keep accumulating for long term purposes.
Bitcoin has touched and changed many life in the world. Bitcoin Investment is good for those who are really ready to invest for long term and it is not good for short term investors because a bear market will just disappoint them.   The p2p system is working very well in the advance countries but it is not working perfectly in my locality because they users of bitcoin there are not much and not it is not always people have BTC in their wallets to trade. All the best. This is the best time to plant bitcoin and harvest it in the nearest future
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December 07, 2022, 09:31:57 AM
 #83

There is no such thing as a safe place when it is about money. There are going to be scams and fear of losing when money is involved. However, proper knowledge and awareness can prevent being scammed.
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December 07, 2022, 11:48:54 AM
 #84

BTC opened our eyes that it is possible for a decentralized currency to exist. A currency free from the world and national politics and influence. A currency that is not inflationary. It will have more value over time. BTC's blockchain is telling the world that all our systems can be visible and immutable. In my country beset with corruption from local to national appointed and elected officials blockchain is the solution. A perfect world should be using blockchain and BTC as its currency. 

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December 07, 2022, 04:34:24 PM
 #85

the intended blockchain generation also doesn't want to rush to the throne yet, they are still focused on segmentation and gaining market volume, the future of their version of bitcoin in my opinion is to still want to be at the bottom and wait for profits if bitcoin stumbles and goes down, their preparation is not mastering - but preparing be a successor.
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December 07, 2022, 04:53:57 PM
 #86

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.

Bitcoins provide us financial freedom. It literally gives us full control on our own money. Unlike banks where you pay taxes and abide by rules. It definitely gonna leave an impact on the society. Now there are also some features of Bitcoins which are used for bad work by bad people. This also leaving a bad impression regarding Bitcoins on the society. Bitcoins are equally important like the way some people treat assets. Just currently Bitcoins are down a bit. It will grow once again.

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December 07, 2022, 08:35:36 PM
 #87

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.
In near future Bitcoin more precisely Crypto will highly improves our finance system as we are hearing some countries setup Bitcoin ATM machines its a beginning of a financial free nation you dont need to go banks for money just make transaction from your wallet transaction is stored on blockchain safe and secure .

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December 08, 2022, 01:58:06 AM
 #88

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's positive impact on society and the economy is not yet realized, and it will take more time to prove it.
Bitcoin is only important to individuals. It helps improve the lives of individuals and plays an important role in protecting personal liberty and property. Bitcoin can be used as a long-term investment to protect an inheritance from inflation, or it can be invested to bring more profit.
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December 08, 2022, 05:44:00 AM
 #89

People say lots of things about how important bitcoin could be to the society we have right now, some say the coin offers variety from usage against fiat currency, some say anonymity, some say because it offers profit. But at the end of the day I think these benefits wouldn't be realized if adoption isn't made.

But Bitcoin is already been adopted, it might not been as widely as we expected but today you can buy things with your Bitcoin and get some experience like paying for your flight tickets, going on vacations etc using Bitcoin which is something we won't have been able to do in the past. Everyday, Bitcoin is gradually getting added to our regular activity and soon it'll be a vital part of the our everyday life.

We have seen some countries adopt Bitcoin as a legal tender and their economy increase also seen companies do the same and recorded same benefits. Bitcoin is becoming important everyday as it's the easiest form of investing with guarantee profit at the end of the cycle of four years.

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December 09, 2022, 07:52:23 PM
 #90

The question is quite complicated! I want to mention blockchain technology in more detail! I believe that this technology makes it possible to simplify processes in various fields! That's where the importance can be noted! In fact, it is a digital book with a digital signature and the digital signature cannot be changed! in general, it can be implemented where some kind of rester is needed. And it can be noted that this is a real technology, and not some advertised project!

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December 09, 2022, 09:22:17 PM
 #91

The question is quite complicated! I want to mention blockchain technology in more detail! I believe that this technology makes it possible to simplify processes in various fields! That's where the importance can be noted! In fact, it is a digital book with a digital signature and the digital signature cannot be changed! in general, it can be implemented where some kind of rester is needed. And it can be noted that this is a real technology, and not some advertised project!
We could really talk about generally on how useful or how revolutionary blockchain technology is, yes its true that this one is really something that is very helpful not only on the essence of payment system but also

in other industries as well.We've been able to see on how its been applied in medicine and been applied in various things which we can really say that it does really have that utility.People are really just focus too much on how to make money and not really minding much when it comes to utility which is something not really that surprising that people are really just really that interested on how
themselves on being rich.Bitcoin did really gain up soo much attention not because its utility but rather into its investment opportunities and chances and its something that
wont really be that surprising knowing people who do really love money much. Cheesy

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December 10, 2022, 04:33:39 PM
 #92

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.

in today's society it is difficult to say how important btc could be, in europe and the united states of america it is seen as an object of speculation, whether it is btc or other crypto. in the future it could be a real alternative to fiat currencies due to decentralization and due to the store of value (consideration that will have to be discussed well) but until there is a mass adoption we could hardly see btc as a legal tender, there are states that have already moved forward (El Salvador) but apparently with little success

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December 10, 2022, 04:36:18 PM
 #93

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.

Bitcoins provide us financial freedom. It literally gives us full control on our own money. Unlike banks where you pay taxes and abide by rules. It definitely gonna leave an impact on the society. Now there are also some features of Bitcoins which are used for bad work by bad people. This also leaving a bad impression regarding Bitcoins on the society. Bitcoins are equally important like the way some people treat assets. Just currently Bitcoins are down a bit. It will grow once again.
And governments are using those isolated incidents to try to paint a negative image of this market to the average person so they can achieve a series of objectives, the first one is that they can delay the adoption of bitcoin for long enough to try to figure out how to deal with it, and the second objective is to give themselves and excuse to make moves against bitcoin and to try to force any centralized institution to play by their rules.

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December 10, 2022, 04:57:17 PM
 #94

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.

Bitcoins provide us financial freedom. It literally gives us full control on our own money. Unlike banks where you pay taxes and abide by rules. It definitely gonna leave an impact on the society. Now there are also some features of Bitcoins which are used for bad work by bad people. This also leaving a bad impression regarding Bitcoins on the society. Bitcoins are equally important like the way some people treat assets. Just currently Bitcoins are down a bit. It will grow once again.
And governments are using those isolated incidents to try to paint a negative image of this market to the average person so they can achieve a series of objectives, the first one is that they can delay the adoption of bitcoin for long enough to try to figure out how to deal with it, and the second objective is to give themselves and excuse to make moves against bitcoin and to try to force any centralized institution to play by their rules.

I just remember seeing a lot of news about bitcoin in our country in previous years when it hit its multiple ATH, mostly the person they interviewed about bitcoin claiming it was a scam because they invested in a Ponzi scheme. I and my friends are laughing at it since they don't have legit sources of that news since those they've interviewed are newbies. At the same time, it makes me angry and sad since the image of bitcoin for those who don't know (first impressions matter) will say it is a scam and we should stay away. They really don't know what bitcoin is or how great this opportunity is.
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December 12, 2022, 10:58:28 AM
 #95

The question is quite complicated! I want to mention blockchain technology in more detail! I believe that this technology makes it possible to simplify processes in various fields! That's where the importance can be noted! In fact, it is a digital book with a digital signature and the digital signature cannot be changed! in general, it can be implemented where some kind of rester is needed. And it can be noted that this is a real technology, and not some advertised project!
We could really talk about generally on how useful or how revolutionary blockchain technology is, yes its true that this one is really something that is very helpful not only on the essence of payment system but also

in other industries as well.We've been able to see on how its been applied in medicine and been applied in various things which we can really say that it does really have that utility.People are really just focus too much on how to make money and not really minding much when it comes to utility which is something not really that surprising that people are really just really that interested on how
themselves on being rich.Bitcoin did really gain up soo much attention not because its utility but rather into its investment opportunities and chances and its something that
wont really be that surprising knowing people who do really love money much. Cheesy

I think this is a very broad question and very important! If we are talking about the usefulness or unsuitability of blockchain technology! I agree with you that too little attention is paid to the usefulness of technology and too much attention is paid to the financial side. This is what, I think, to some extent hinders the introduction of blockchain technology. It is probably correct to say that bitcoin is not accepted as a technology, but it is accepted as a way of making money, and this is also correct to some extent.

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December 12, 2022, 11:24:45 AM
 #96

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.

Bitcoins provide us financial freedom. It literally gives us full control on our own money. Unlike banks where you pay taxes and abide by rules. It definitely gonna leave an impact on the society. Now there are also some features of Bitcoins which are used for bad work by bad people. This also leaving a bad impression regarding Bitcoins on the society. Bitcoins are equally important like the way some people treat assets. Just currently Bitcoins are down a bit. It will grow once again.
And governments are using those isolated incidents to try to paint a negative image of this market to the average person so they can achieve a series of objectives, the first one is that they can delay the adoption of bitcoin for long enough to try to figure out how to deal with it, and the second objective is to give themselves and excuse to make moves against bitcoin and to try to force any centralized institution to play by their rules.

I just remember seeing a lot of news about bitcoin in our country in previous years when it hit its multiple ATH, mostly the person they interviewed about bitcoin claiming it was a scam because they invested in a Ponzi scheme. I and my friends are laughing at it since they don't have legit sources of that news since those they've interviewed are newbies. At the same time, it makes me angry and sad since the image of bitcoin for those who don't know (first impressions matter) will say it is a scam and we should stay away. They really don't know what bitcoin is or how great this opportunity is.

I find that normal, and you don't need to laugh or get mad at them because you already know they don't know anything about bitcoin. They were like us when we first heard about bitcoin, we said we were not interested and didn't buy bitcoin when we first learned about it. At that time, no one laughed at us, so we had no reason to criticize them, give them more time and they will figure things out. Bitcoin is still new to them, and time will correct all those mistakes.

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December 12, 2022, 11:48:52 AM
 #97

Bitcoins provide us financial freedom. It literally gives us full control on our own money. Unlike banks where you pay taxes and abide by rules. It definitely gonna leave an impact on the society. Now there are also some features of Bitcoins which are used for bad work by bad people. This also leaving a bad impression regarding Bitcoins on the society. Bitcoins are equally important like the way some people treat assets. Just currently Bitcoins are down a bit. It will grow once again.
You know, not only bitcoin can be used for a bad deeds, this may apply to anything that is used as a means of payment. There will always be bad people who will violate the law and use all available resources for this. But Bitcoin has significantly more positive aspects and who understands this will use it. Now its price has decreased, but this is just one of the properties of bitcoin, and we know that after the fall there will always come an growth, so the Hold will help to cope with this!
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December 12, 2022, 12:29:32 PM
 #98

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 being a valuable digital currency and a widely used coin, it must play a role in society and country's economy. Bitcoin being a popular coin worldwide.  A country that holds more bitcoins will have a stronger economy. However, since the price of Bitcoin is not stable, there is also risk here.  So holding a large amount of Bitcoin can boost the economy very quickly by pump btc price  and can also hurt the economy very quickly by crashing btc price


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December 12, 2022, 09:40:56 PM
Merited by fillippone (2)
 #99

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 innovation of great benefits to humans. The invention of bitcoin has opened the eyes of so many people about the extortion of the government and the fiat currency.
Imagine you keeping your money in the bank but won't be able to access or your money will be tempered with, in course of extra charges and maintenance fees charged in someone account the governmen control policy. Bitcoin is slowly taking over the world as a famous currency used by people that have truly understood the crypto ecosystem and it have serve as a means of getting huge income due to volatility of its nature.

Important note:: someone can also loose lots of bitcoin in just some time as the price of bitcoin constantly fluctuate and this has brought it to a great investment means for business men and women in the world.

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December 12, 2022, 09:53:33 PM
 #100

From my own understanding which coin is important to the society because of what it has done since it was introduced because many people especially use is now trading bitcoin using bitcoin as source of income and the source of job without looking for extra-ordinary things or involving their self instilling so we did the Bitcoin investment many people have been having online money without bothering their self with White collar job

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