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Author Topic: Thanks to bitcoin  (Read 691 times)
Y3shot (OP)
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March 23, 2023, 02:35:45 PM
Merited by Sandra_hakeem (3), Die_empty (3), bitmover (2), _act_ (2), Oluwa-btc (2), Franctoshi (2), RockBell (2), DdmrDdmr (1)
 #1

The world economic challenge is getting worse as the day counts, and I'm still thinking if their were to be no bitcoin how would people cope with all the challenges in this modern world. Bitcoin has really come through for people of this days in different way and in different countries.
In some countries where they have serious unemployment challenges many people have engaged in bitcoin to invest and into other aspects of bitcoin, just imagine if their were no bitcoin how will the common man invest the little he or she has. If there were no bitcoin I know their are investment people can go for but it will be something that the rich and middle class can afford to invest. In bitcoin the rich, poor and middle class can go into it, this is to say bitcoin is for every body.

With the recent challenge in Nigeria where the resigni of their currency has caused scarcity of flow of cash which is really affecting the citizens, I know bitcoin will also make a good contribution in this case because lots of young people in the country are engage to bitcoin.

In different occasions of economic crisis in the world bitcoin has always been there to play a good role. Thanks to bitcoin for it existence in this difficult time of life.

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March 23, 2023, 02:46:35 PM
 #2

-snip-

In different occasions of economic crisis in the world bitcoin has always been there to play a good role. Thanks to bitcoin for it existence in this difficult time of life.

I am one of the many people who are greatly helped by the presence of Bitcoin. Honestly I get extra income through Bitcoin investment and from this forum. I feel grateful because while many people my age in my country are experiencing financial difficulties and are looking for work, I can still make money and meet my daily needs and it's all thanks to Bitcoin.

R


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March 23, 2023, 02:48:06 PM
 #3

In some countries where they have serious unemployment challenges many people have engaged in bitcoin to invest and into other aspects of bitcoin, just imagine if their were no bitcoin how will the common man invest the little he or she has. If there were no bitcoin I know their are investment people can go for but it will be something that the rich and middle class can afford to invest. In bitcoin the rich, poor and middle class can go into it, this is to say bitcoin is for every body.

With the recent challenge in Nigeria where the resigni of their currency has caused scarcity of flow of cash which is really affecting the citizens, I know bitcoin will also make a good contribution in this case because lots of young people in the country are engage to bitcoin.

I understand what you are saying,  and I somehow feel your pain.

In developing countries bitcoin is much more needed than in developed countries.  I am from Brazil and I can say that bitcoin made things way easier here  , specially for those who want to send their money abroad (in investment or just traveling)

In Nigeria bitcoin is probably way more important

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March 23, 2023, 03:05:26 PM
 #4

Not just you OP, not just you, I am nothing without Bitcoin, I have once imagined if there where no Bitcoin, I would have suffered a lot more, I bought Bitcoin twice since 2022, the 17k and the 15k, the profit is what I am using to sustain myself right now, and with the shit going on in my country right now, I would have smell hell, but I thank the most high for leading me to Bitcoin and I also thank the creator of Bitcoin.

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March 23, 2023, 03:39:54 PM
Merited by The Sceptical Chymist (3)
 #5

The world economic challenge is getting worse as the day counts, and I'm still thinking if their were to be no bitcoin how would people cope with all the challenges in this modern world. Bitcoin has really come through for people of this days in different way and in different countries.

In some countries where they have serious unemployment challenges many people have engaged in bitcoin to invest and into other aspects of bitcoin, just imagine if their were no bitcoin how will the common man invest the little he or she has. If there were no bitcoin I know their are investment people can go for but it will be something that the rich and middle class can afford to invest. In bitcoin the rich, poor and middle class can go into it, this is to say bitcoin is for every body.



This is true, imagine all the challenges we all have to face in economic issues if bitcoin doesn't exist. Let's say not all in the world are knowledgeable about bitcoin and how it can provide your needs such as jobs and life investments. In my country, let's say you earn $100 dollar which equivalent to P5000 which is enough to provide your needs for a week. And some of the campaigns provide a weekly payment for all the members. This is one of the jobs I have think for bitcoin which helps a lot for people who's unemployed. Also investing from bitcoin and doing trading also could be consider as a full time job since you have to look for the possible outcome in the market to gain profits. And those profits is enough for people to earn enough like an employed person.

Quote

With the recent challenge in Nigeria where the resigni of their currency has caused scarcity of flow of cash which is really affecting the citizens, I know bitcoin will also make a good contribution in this case because lots of young people in the country are engage to bitcoin.

In different occasions of economic crisis in the world bitcoin has always been there to play a good role. Thanks to bitcoin for it existence in this difficult time of life.


It's expected that whenever an economic crisis occurs there will always be an impact to the bitcoin. Sometimes it plays a huge role like such making bitcoin pump and often dump. So I must say that bitcoin is a good alternative source of income and assets incase an economic problems happen that would affect the money for example is the inflation which is very common.



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March 23, 2023, 04:02:47 PM
 #6

Thanks to Satoshi for creating bitcoin because presently,bitcoin is the only hope for its investors especially the poor people. The high rate of inflation would have caused so many bitcoiners to be hopeless assuming they didnt adopt bitcoin. Bitcoin has made individuals to be self employed in terms of trading and mining. In my country the rate of poverty is alarming due to hardship caused by recession. CBN has failed to circulate cash in the country which is adding value to more hardship in the country.

With the ugly situation the fiat currency is passing through and banks collapsing,assuming there is no asset like Bitcoin where will those customers who have lost trust in their banks safe their money. Bitcoin is a store of value to many businessmen currently. I also keep my savings in bitcoin so that inflation won't depreciate my funds.

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March 23, 2023, 04:12:20 PM
 #7

Yes, we must thank bitcoin, especially Satoshi Nakamoto, who introduced bitcoin to us. Without him, we may not be able to survive the economic crisis that may have hit this world.

And now, bitcoin has become a valuable investment for everyone who knows it. Even though not everyone is using bitcoin as an investment, they will slowly get to know it and use it as an investment, especially when they have more people investing in it.
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March 23, 2023, 04:55:16 PM
 #8

Bitcoin has bridge the gap a little between small investors and big investors. Although the rich gets higher profit but it is equivalent to the risk they take. In bitcoin there is no monopoly like other ROIs. The recent collapse or rather bankruptcy of banks will have left many stranded if at all bitcoin hasn’t came to light.

Regardless of its massive advantage to humanity I don’t buy the idea of people having to invest all their little earnings in it just to gain profit. Mentality like this in bitcoin only get people on the losing side. The best way to earn profit easily on bitcoin investment is by holding for long and this can only be accomplished by having extra savings or income outside bitcoin

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March 23, 2023, 05:06:59 PM
 #9

All thanks to the founder.
I still believe we haven't get to the place yet there are still more thing to unveil from bitcoin, this is just a little sign to show how important bitcoin is to our dying nation.
There would be a day were bitcoin will finally gets it freedom to be used as a means which one can use as exchange of goods, services and products globally. Bitcoin has raised people from downhill to the top which I believe there are more to come.
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March 23, 2023, 05:16:58 PM
 #10

Actually Bitcoin Give Me So Many Opportunity In My Life I Mean When I Don,t Know Anything About Bitcoin Than My One Facebook Friends Suggest Me To Involving With Bitcoin Since 2014 And At The Time I,m TRY To Know Bitcoin And Already Involved Than Going To Change My Life's And I Want To Say Thanks Bitcoin.

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March 23, 2023, 05:26:21 PM
 #11

I believe Blockchain what makes Bitcoin special so we should give too credits on it. It’s the reason why Bitcoin became popular as an alternative with fiat. I believe people is diverting investment on different cryptocurrency on this time of economic crisis so literally cryptocurrency market saves us all on the hell given by shit banking system.

Thanks to blockchain and Bitcoin!

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March 23, 2023, 09:44:10 PM
 #12

The world economic challenge is getting worse as the day counts, and I'm still thinking if their were to be no bitcoin how would people cope with all the challenges in this modern world.

Yes, totally agree, we all must be grateful to the inventors and developers of Bitcoin. Bitcoin can indeed help increase someone's finances, but if someone is able to use it properly.
It's true that Bitcoin can actually be reached by everyone and some people have also been helped financially because of Bitcoin, but that only applies if we understand and do it the right way whether it's from investing or trading Bitcoin.
Keep in mind that Bitcoin was created as an alternative to fiat currency in digital form but not a get-rich-quick way. Bitcoin was not created for the only way to solve the whole problem of economic crises, failure of government systems, poverty, unemployment or all the problems that we face in this modern world.









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March 24, 2023, 08:21:01 AM
 #13

All thanks to the founder.
I still believe we haven't get to the place yet there are still more thing to unveil from bitcoin, this is just a little sign to show how important bitcoin is to our dying nation.
There would be a day were bitcoin will finally gets it freedom to be used as a means which one can use as exchange of goods, services and products globally. Bitcoin has raised people from downhill to the top which I believe there are more to come.
All thanks to founder. Bitcoin has already already gotten to a stage that many people use it for exchange of goods and services in many locations in their business. It is going to the stage whereby government will also start using in it for different purposes. A lot yet to be seen with bitcoin.

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March 24, 2023, 11:44:23 AM
 #14

Bitcoin has revolutionized the way we think about money and finance. It has introduced new possibilities and opportunities for people to take control of their financial futures. With the current economic challenges we are facing, bitcoin provides a glimmer of hope and a solution to the problems we are encountering.
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March 24, 2023, 04:36:32 PM
Last edit: March 24, 2023, 05:45:53 PM by Sayeds56
 #15

The world economic challenge is getting worse as the day counts, and I'm still thinking if their were to be no bitcoin how would people cope with all the challenges in this modern world. Bitcoin has really come through for people of this days in different way and in different countries.
In some countries where they have serious unemployment challenges many people have engaged in bitcoin to invest and into other aspects of bitcoin, just imagine if their were no bitcoin how will the common man invest the little he or she has. If there were no bitcoin I know their are investment people can go for but it will be something that the rich and middle class can afford to invest. In bitcoin the rich, poor and middle class can go into it, this is to say bitcoin is for every body.

With the recent challenge in Nigeria where the resigni of their currency has caused scarcity of flow of cash which is really affecting the citizens, I know bitcoin will also make a good contribution in this case because lots of young people in the country are engage to bitcoin.

In different occasions of economic crisis in the world bitcoin has always been there to play a good role. Thanks to bitcoin for it existence in this difficult time of life.

There is no doubt that Bitcoin has become popular alternative investment option, specially in countries facing economic difficulties, due to its decentralized nature and lack of government control. In conclusion, Bitcoin has provided new investment opportunities and financial inclusion for many people, but it should be noted that Bitcoin is very volatile and high risk asset. Therefore, one should operate within their financial limitations and risk tolerance, when investing in Bitcoin.









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March 24, 2023, 04:44:10 PM
 #16

That is so true, I don't know what investments I'll be in if it's not for bitcoin. Well, if it were not for bitcoin I won't be forced to know more about different markets, assets, and investments and that's why it's like it has empowered and pushed me to know more about these things.
At the same time, on this market, I cannot deny that it has helped me a lot and made me sort of remove that worry about obligations such as bills. And that's why I am grateful that I've been part of this community and I am able to know about bitcoin. Because I cannot imagine of the what if I've never known bitcoin, what could be my investments and where could I be now.

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March 24, 2023, 04:48:14 PM
 #17

Bitcoin contribution to my financial independence can not be quantified, it helps me and most people that comes from countries blacklisted by PayPal and it's like to be a part of a global payment system that works.

It has also been a reliable store of value especially for us that came from countries that is experiencing what I'll call galloping inflation. Bitcoin in my opinion is here to stay and many more people will have a need to adopt it.

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March 24, 2023, 04:51:16 PM
 #18

We don't need to ignorantly write about Bitcoin because Bitcoin is not going to replace your job rather it's just a means of investment for those that are ready to invest and wait for the market to grow bullishly so they can sell there holdings and make good profits from the market. The problem many persons are having is the fund for them to invest in the market now that everything is still bearish. Those that have huge funds to invest in Bitcoin are the ones that are earning big from the market.

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March 24, 2023, 04:53:20 PM
 #19

I can imagine how if there were no bitcoins maybe the problem of unemployment would be more and more especially in the world economy which is getting chaotic due to having policies that are too harsh but the fact is that with bitcoin as an alternative way that can grow the lower class for the better now it has come to a lot bitcoin and do various things that become their activities in finding finance and assets to be invested.

In different occasions of economic crisis in the world bitcoin has always been there to play a good role. Thanks to bitcoin for it existence in this difficult time of life.
Thanks to bitcoin, with its role, many have changed their lives for the better, especially in the economic crisis they are facing, now many are successful and they can feel how to live side by side with bitcoin.

specially for those who want to send their money abroad (in investment or just traveling)
Bitcoin makes it easier for us to send money anywhere and it will not be as complicated as sending fiat abroad.
Bitcoin will be a pretty good alternative.

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March 24, 2023, 04:59:06 PM
 #20

I think everyone here will agree on that because indeed the existence of bitcoin has helped a lot of people and one of them is me. developing and even lagging behind bitcoin has become an option that is indeed profitable, although in some cases the government still hasn't opened up good regulations but as long as there is no ban there that is a good thing because we as citizens who follow the policy can still be in bitcoin.
I'm still quite grateful to know bitcoin even though not from the start but I feel the difference when I'm here.


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