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Author Topic: Thanks to bitcoin  (Read 748 times)
Ryu_Ar1
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March 24, 2023, 05:05:51 PM
 #21

I feel the same condition even though we are from different countries. I am in Indonesia and the current conditions in Indonesia, although not too severe in terms of conditions, are still currently very difficult to face life's challenges which are getting harder and harder.
I am grateful to be in bitcoin even though I am here from 2020 but I already feel a real difference from an economic standpoint because of bitcoin. because you can say bitcoin is one of the factors that makes my life better now from an economic point of view. Even though I still can't be said to be successful now from bitcoin but when I look around my environment, I can still be said to be more adequate now than people who are not here and always say I am one of those people who really have false beliefs about a project called "bitcoin". but I am happy about it now because now I can show that my belief is not wrong.

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March 24, 2023, 05:16:46 PM
 #22

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.
You are right my mean partially right that Bitcoin is a revolution as you can see that banks have failed and almost 300 to 400 billions of dollars worth of tokens have been lost of these users but I have heard that Joe Biden sid that they will pay every penny to these users and in this regard they will print new money that could be a disaster for the USA economy and also A whole world because of Inflation. So also Bitcoin made also to of people lives better and it's worth buying for the future.

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March 24, 2023, 05:40:18 PM
 #23

I have invested and profited from bitcoin and likewise many people on this forum. Also, as a citizen of Nigeria and I know how hard to make ends meet, leaving mainly on your salary is very hard with the hard economy.

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March 24, 2023, 06:25:56 PM
 #24

Blockchain technology offers many advantages, it also poses challenges and limitations that need to be addressed as technology develops but for BTC to me it is very special like people's money.

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March 24, 2023, 09:49:44 PM
 #25

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.
Before bitcoin existed you had the option to invest in gold, however gold does not move with the same kind of speed that we can see on bitcoin, so you could spend decades holding your gold and not much will change and you may even loss some money in the process, however bitcoin and its high volatility can allow traders to make way more money than what they could make with gold or stocks, however we must also recognize that those are results that only a minority of traders can actually achieve.
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March 24, 2023, 10:23:25 PM
 #26

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.

There are other investments that people could really go into, but there is no investment one can go into without going through a third party, without having some paper work done, without having to leave their house to go out to the office or company they want to invest in, and without having to pass through a little stress. But the truth is that Bitcoin gives investors the avenue to enjoy freedom while they do their investment while sitting at a place. No paper work needs to be done, no third party needs to be involved, and it's not too complex that people cannot easily understand. I agree with your topic OP, and I say thanks to Bitcoin too. Real estate requires a certain amount before you can invest; even some companies require a huge amount before you can invest with them, but Bitcoin gives people the space to invest just any little amount they like to.

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March 24, 2023, 11:33:59 PM
 #27

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.
As someone who has been in cryptocurrencies since 2014 and have used Bitcoin both as a currency and as an asset I can confirm that it has been a great alternative investment.  So far, it has enabled me to live a lot more comfortably due to the significant side income I'm receiving through the forum, while at the same time, it's a great hobby to keep you busy. I regret not being active throughout all these years; I had two large inactivity periods.

 
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March 25, 2023, 01:06:37 AM
 #28

I have invested and profited from bitcoin and likewise many people on this forum. Also, as a citizen of Nigeria and I know how hard to make ends meet, leaving mainly on your salary is very hard with the hard economy.
I can only imagine the situation there in Nigeria, people have hard time maintaining their life with their daily jobs. So bitcoin obviously is a blessing for people in Nigeria. I have seen so many Nigerian posting about their progress with bitcoin and cryptocurrency and many are successfully living their life thanks to bitcoin. So keep doing what you are doing, at least bitcoin will help you to support financially in the long run.
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March 25, 2023, 01:55:59 AM
 #29

I have invested and profited from bitcoin and likewise many people on this forum. Also, as a citizen of Nigeria and I know how hard to make ends meet, leaving mainly on your salary is very hard with the hard economy.
I can only imagine the situation there in Nigeria, people have hard time maintaining their life with their daily jobs. So bitcoin obviously is a blessing for people in Nigeria. I have seen so many Nigerian posting about their progress with bitcoin and cryptocurrency and many are successfully living their life thanks to bitcoin. So keep doing what you are doing, at least bitcoin will help you to support financially in the long run.
let alone Nigerians, I personally feel helped by knowing bitcoin, since 2017 I have known him, so many things that I want have been achieved, and I think if it was from my salary working in an office, it would be impossible to fulfill it. therefore it is a blessing to know him, especially for warriors living with limited capital can increase their results many times in the cryptocurrency world, and that is not impossible

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March 25, 2023, 02:07:49 AM
 #30

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.

I agree with you that, thanks to the existence of bitcoin, many people with little capital have had the opportunity to invest and the opportunity to catch up with other rich people. If there is no bitcoin, but only gold or real estate, the opportunities for those with little capital are almost nonexistent.

But I wonder how unemployed people will invest in bitcoin when they are unemployed and have no money. Bitcoin does not help much in this case, Bitcoin is not free, if you want to invest you need money.

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March 25, 2023, 02:25:41 AM
 #31

that's right, with the emergence of bitcoin many people are helped financially.
especially in economic times like now, bitcoin exists to balance.
but what I observe and pay close attention to, bitcoin has not been able to penetrate among the poor (poor) because of many influencing factors, the most basic of which are electronic devices such as computers, mobile phones, and especially in financial terms.

so new bitcoin investors arrive in the middle class, and the upper class.
I don't think many people from the lower class invest in bitcoin.

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March 25, 2023, 03:11:51 AM
 #32

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.

There are other investments that people could really go into, but there is no investment one can go into without going through a third party, without having some paper work done, without having to leave their house to go out to the office or company they want to invest in, and without having to pass through a little stress. But the truth is that Bitcoin gives investors the avenue to enjoy freedom while they do their investment while sitting at a place. No paper work needs to be done, no third party needs to be involved, and it's not too complex that people cannot easily understand. I agree with your topic OP, and I say thanks to Bitcoin too. Real estate requires a certain amount before you can invest; even some companies require a huge amount before you can invest with them, but Bitcoin gives people the space to invest just any little amount they like to.
In short it opens a lot of opportunities for people who doesn't much money have an investment. If you look back when bitcoin wasn't a thing, the only option for regular people to participate into economic growth is through banks and other institutions, and guess what? That time when I first opened my account, there is a maintaining balance you need to keep and big banks or international banks requires a huge amount of initial deposit before you can start your own savings account.

Thanks to crypto though there're lots of people who lost quite a but of money, there're also those that their lives are changed into something much more liveable. So in conclusion the benefits given by crypto changed the way how we think and it outweighs the negative effects.

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March 25, 2023, 04:03:27 AM
 #33

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.
You are right. Bitcoin has been a game changer for many. It's accessible to everyone, regardless of their economic status. People can invest, earn passive income, and even find jobs in the crypto space. Plus, it also makes sending money from one point to another point cheap, easy and super fast. People from countries that has weak currency value and is suffering from inflation can invest in bitcoin  to battle against the inflation. But yeah, people should keep in mind about the risks involved with investing in bitcoin or other crypto currencies. Stable coins might be a better option for those that aren't willing to risk, but they should also keep in mind that those stable coins might crash too!

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March 25, 2023, 04:38:13 AM
 #34

Bitcoin can be one of the means to eliminate unemployment.  Ever since I found this forum when I was unemployed, I've been earning from this forum and earning extra through bitcoin investing.I always want to thanks Bitcoin. This is exactly the world economic situation is going very bad.  Also, many countries have started to introduce cryptocurrency systems and people can invest from any location, one of the benefits of Bitcoin for passive income.You have to go out of the house to work but you don't have to go out of the house to invest in Bitcoin.  Bitcoin investors have been financially buoyant since its inception.  But it is very difficult for low income people because they don't have the access needed to invest in Bitcoin. Most of those who are investing in Bitcoin are living their lives successfully.
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March 25, 2023, 04:55:28 AM
 #35

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.
Wrong, you can buy stock or gold cheaper than Bitcoin because centralized exchange charge a high amount fee when you want to withdraw. Yeah you can buy Bitcoin via P2P or decentralized exchange, but in P2P you usually need to pay for premium price and you need to own Bitcoin first before able to use Bisq.

Nigeria banks were ban Bitcoin, so it's illegal if you use Bitcoin, you might not have any problem now but you can't predict the future.

You need to have money if you want to buy Bitcoin, Bitcoin was not created to make people rich and solve the economic crisis. More importantly you need to have electricity and internet connections, most of poor people can't afford it.

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March 25, 2023, 01:36:47 PM
 #36

Clearly, Bitcoin has a significant impact on the world, however, not everyone who invests in Bitcoin is currently profiting. I know many friends who bought Bitcoin when it was at 40-50k and are currently experiencing significant losses. BTC

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March 25, 2023, 01:52:15 PM
 #37

Here too, I have to sincerely thank life for knowing bitcoin. Thanks to it, my economy is much better, it gives me an income that I never dared to think about when I was an office worker. While inflation is killing people with rising commodity prices, bitcoin investing and trading is helping me lead a pretty comfortable life.

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March 25, 2023, 03:26:54 PM
 #38

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.

All countries around the world are facing crises in their economies. And almost all of the country has a lot of people who don't have jobs and others have to work in other countries just to earn a living.

     Now you are right, fortunately bitcoin was invented in response to all people whether they recognize it as an opportunity or not, and many people know that this is an opportunity that can really provide a source of income to anyone.

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March 25, 2023, 03:53:53 PM
 #39

In times of economic crisis, people often turn to alternative investments like gold or other precious metals, as well as foreign currencies, real estate, or other assets. While Bitcoin may be a viable option for some, it's important to understand that it is also a volatile investment and can be subject to significant fluctuations in value.
and i think people wont get rich instant because invest in bitcoin, lets say they buy 1000$ in bitcoin, that impossible turn to 10000$ in just few month.

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March 25, 2023, 04:08:50 PM
 #40

Thanks Bitcoin,
Bitcoin is gaining so much popularity with people day by day that they now trust Bitcoin more than paper money. I think there will come a time when the whole world will turn to Bitcoin. And Bitcoin will make a huge contribution to the world at the rate Bitcoin is going right now, we will see a lot in the future. Bitcoin transactions are already done in shopping malls and restaurants in various countries. And currently many countries of the world do not have the legality of Bitcoin and I believe that in the future Bitcoin will gain independence all over the world.

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