How do cryptocurrency increase the standard of living

[Reatim]

Knowing fully well that there is so many uneducated people around the world, how can cryptocurrency increase the standard of living

Why are we so stupid to seek refuge for crypto about the living? have not we understand that this is a currency ?

People need to learn using it first before asking for changing lives , how can this improve living when people does not even use it as currency.

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[Despairo]

Knowing fully well that there is so many uneducated people around the world, how can cryptocurrency increase the standard of living

Why are we so stupid to seek refuge for crypto about the living? have not we understand that this is a currency ?

People need to learn using it first before asking for changing lives , how can this improve living when people does not even use it as currency.

It's easy to use cryptocurrency as currency, but how many country is legally accepting Bitcoin as currency? only in El Salvador, the rest country are either grey area or only accept it as commodity, although there are few businesses don't mind to accept Bitcoin as alternative payment.

Bitcoin is just a "currency" similar to fiat, if a poor can earn $100 per month and get paid in fiat, it means there's no change if they get paid in Bitcoin. They still get paid for $100 per month, in a different "form".

[hd49728]

It's easy to use cryptocurrency as currency, but how many country is legally accepting Bitcoin as currency? only in El Salvador, the rest country are either grey area or only accept it as commodity, although there are few businesses don't mind to accept Bitcoin as alternative payment.

Bitcoin is just a "currency" similar to fiat, if a poor can earn $100 per month and get paid in fiat, it means there's no change if they get paid in Bitcoin. They still get paid for $100 per month, in a different "form".

You can use Bitcoin everywhere if you have Internet and a device to connect it to Internet and broadcast your Bitcoin transactions.

You don't need Bitcoin to be legal or more as legal tender to use it. Using Bitcoin in nation where Bitcoin is legal or legal tender is safer than in country where Bitcoin is Alegal or Illegal but even so you can use it in those countries with different restriction against Bitcoin.

There are two countries where Bitcoin is legal tender: El Salvador and Central African Republic.

https://coin.dance/poli/legality
https://coinmarketcap.com/legal-tender-countries/

[Youngkhngdiddy]

It’s not on the cryptocurrency or bitcoin that improves your standard of living but it’s definitely on how you manage your position towards bitcoin. If you are smart enough to take every opportunity that bitcoin offers, then surely you will gain a highly productive result. But if you keep on missing every opportunity that comes and would neglect them instead of going out from your comfort zone and take the risk, believe me, your life will never be productive at all.

    I think you are right mate, it is not only left for Bitcoin to  improve the standard of living of  an individual, the person will have to show a effort of responsibility and of course right information plays a vital role in determining how well a person would be. With the right information, one can get the actual knowledge of the concept of Bitcoin and even find potential project that can life changing opportunity. So it not only left for Bitcoin alone, you have to be consistent and disciplined while dealing with Bitcoin and cryptocurrency as a whole. 
   Moreover, it is possible to live on Bitcoin, but don't confuse it with a pay check….don't expect your pay weekly or monthly, it can come anytime, most times it comes big. Bitcoin will live as long the internet is alive. It’s best you acquire the basic knowledge and keep up with the learning process. One thing one need to know is that they learn everyday from Bitcoin. Bitcoin can serve as an opportunity, you can blow it all up or milk from it, it all left for you to make the call. Before you make the wrong call get to know what you’re about involving in.

[Stalker22]

    I think you are right mate, it is not only left for Bitcoin to  improve the standard of living of  an individual, the person will have to show a effort of responsibility and of course right information plays a vital role in determining how well a person would be. With the right information, one can get the actual knowledge of the concept of Bitcoin and even find potential project that can life changing opportunity. So it not only left for Bitcoin alone, you have to be consistent and disciplined while dealing with Bitcoin and cryptocurrency as a whole. 

Yeah, personal responsibility plays a big role if people wanna cash in on everything Bitcoin might offer. But we cannot ignore how stuff like getting schooling, or just having a steady economy also shapes someones odds at bettering their life and  both the drives within us and the systems around us matter when we talk about how Bitcoin might help people.

   Moreover, it is possible to live on Bitcoin, but don't confuse it with a pay check….don't expect your pay weekly or monthly,
~

Why not give living on Bitcoin a shot? I know it aint for everyone, but its a super interesting experiment in being financially independent.  Theres whole groups and stuff focused on making this possible for people.  Depending on where you live, you could even convince your boss to pay your monthly salary in Bitcoin - I heard thats doable in some parts of the world.  Or you can look around for a job in the Bitcoin space, maybe making new projects or something and  point is theres a crapload of possibilities if you feel like giving this lifestyle a shot.

[Bigsharp]

Cryptocurrency can increase standard of living when one invest in it
The opportunity it gives can increase standard of as of 2011 I bought Bitcoin worth of some dollars but I thought it was worthless then I sold it out if I had kept it till today my standard of living would have changed 
Cryptocurrency is just like when one choose a good business to invest his/her little capital,  you can be uneducated and profit from the business you can be educated and also profit from the business

[Magic-Money]

The cryptocurrency is for every body either educated or not, as long you can make the use of Android phone to go online or even make used of Mobile App to buy something or pay for goods and service. the same applicable to cryptocurrency and the world is really moving into digital to make a standard of living more easier to everyone, without stress across the globe.

[Rufsilf]

I believe that maybe our standard of living can change if we can figure out how to manage our bitcoin and if we are informed or knowledgeable enough about how to run our bitcoin account. I mean, those who lack or have insufficient bank account access can benefit from cryptocurrencies, right? Additionally, it will make it easier for us to deal and enable us to engage in the global economy, but this truly depends on which country accepts cryptocurrencies.
 
Bitcoin may be able to provide us with a better return if we invest in it, and are able to accept what it offers, and wait a long time to see results. But this will depend on the market and the value of the cryptocurrency.

[Ale88]

Knowing fully well that there is so many uneducated people around the world, how can cryptocurrency increase the standard of living

Think about inflation for example: if your local currency keeps losing value every single day, one after the other one, exchanging it for bitcoin would not only preserve the value of that money but even increasing it over time. So it's not about increasing the standard of your life rather than not make it more difficult. Of course some people became millionaires thanks to bitcoin so they completely changed their lives, I look more at more common situations.

[$weetne$$]

Cryptocurrency can increase standard of living when one invest in it
The opportunity it gives can increase standard of as of 2011 I bought Bitcoin worth of some dollars but I thought it was worthless then I sold it out if I had kept it till today my standard of living would have changed  
Cryptocurrency is just like when one choose a good business to invest his/her little capital,  you can be uneducated and profit from the business you can be educated and also profit from the business

Cryptocurrency increase the standard of living by increased the amount of money that you have access to, what increase the standard of living is when you have enough money to spend. An individually receiving $200 every week can't have the same standard of living with another person that's receiving $500 weekly. When you invest in cryptocurrency and make profits it has increase your standards of living and the more you invest and make profits the more your standard of living keep increasing.Investing increase your income and the more income you have the more things you can afford. Inflation is making everything become twice as expensive than before therefore if you're not receiving extra income from investment or another businesses, it'll becomes difficult to be keeping up with the lifestyle you are living unless you want to cut down on your expenses and it'll make you become less comfortable.

[LastKiss]

Knowing fully well that there is so many uneducated people around the world, how can cryptocurrency increase the standard of living

Lots of people get the new opportunity just from cryptocurrencies themselves because someone may become rich from just investing in the crypto for the long term, people will have another source of income if they know how to earn in cryptocurrencies On the other hand many people already become a well-known CEO just from cryptocurrency. 

[wiss19]

Knowing fully well that there is so many uneducated people around the world, how can cryptocurrency increase the standard of living

Bitcoin, which was the first cryptocurrency, was created to become a decentralized peer-to-peer payment system helping people deal with issues that they face due to centralized payment methods and traditional financial systems. The aim of Bitcoin was never to provide a better living standard to people, and it's not even about educated or uneducated, it wasn't meant to be used as an investment asset when it was created, it became one later on when more and more people started adopting it and its price started going up because of the supply being limited.

So, cryptocurrencies are not here to increase the living standard of anyone, but someone who understands them, knows how they are used, and learns how they can trade them so that they can gain financial gains can be able to improve their living standard, but if you talk about uneducated, I don't know if they can do that.

[kotajikikox]

Knowing fully well that there is so many uneducated people around the world, how can cryptocurrency increase the standard of living

Not because you are uneducated meaning you cannot benefits from crypto , there are many people that does not have proper education but learn and knows how to use internet and indeed they are growing knowledge now.
what I mean here is that if we wanted to earn then we must learn and there are so many possible mentor around us that can guide us to make this positive.

[karabiber]

Knowing fully well that there is so many uneducated people around the world, how can cryptocurrency increase the standard of living

Why are we so stupid to seek refuge for crypto about the living? have not we understand that this is a currency ?

People need to learn using it first before asking for changing lives , how can this improve living when people does not even use it as currency.

It's easy to use cryptocurrency as currency, but how many country is legally accepting Bitcoin as currency? only in El Salvador, the rest country are either grey area or only accept it as commodity, although there are few businesses don't mind to accept Bitcoin as alternative payment.

Bitcoin is just a "currency" similar to fiat, if a poor can earn $100 per month and get paid in fiat, it means there's no change if they get paid in Bitcoin. They still get paid for $100 per month, in a different "form".

You are right, but it is also true that in this era we live in, it takes many years to permanently establish something that the quarterbacks don't want. If you think that people are not using cryptos as a currency right now, you are wrong. Bitcoin has already entered into commerce. As governments introduce regulations for cryptocurrencies over time, cryptocurrencies will be fully integrated into our lives, just like fiat currencies. We just need a little more time.

Cryptocurrencies are an important investment tool and, like offshore banking, have a confidential structure. In this respect, Bitcoin is important for attracting wealth to countries that want to hide it. Even using this method, you can create a significant foreign exchange reserve in your country. Bitcoin can also eliminate speculative situations. Because all the Bitcoin produced is tied to a predetermined amount, it creates a situation similar to the advantages of the gold bullion system. The situation of multiplying fiat money more than production is eliminated. Finally, the perspective of governments on cryptocurrencies has changed 180 degrees and I believe that the full integration of cryptocurrencies into payment systems will be realized in the near future.

[MegameSama]

Knowing fully well that there is so many uneducated people around the world, how can cryptocurrency increase the standard of living

Like other job models, of course crypto space can improve the standard of living. It's up to you to decide what field you want to contribute to, there are lots of choices in professional fields related to crypto, web creators, social media managers, programmers, business development and others, depending on what project you get. As long as you hone these skills, I think YouTube provides the most complete tutorials, you can learn and start building a portfolio, then your standard of living will automatically increase. or what's easier, you can take part in the airdrop, it doesn't require special skills.

[Dzwaafu11]

Knowing fully well that there is so many uneducated people around the world, how can cryptocurrency increase the standard of living

Bitcoin alone cannot increase the level of living; but, it can be utilized to accomplish so. Of sure, it cannot alleviate poverty, but believe me when I say that you can utilize bitcoin to become wealthy, depending on your perspective. There is one thing I understand about bitcoin: how you interpret it will benefit you. Of course, given that many people are illiterate and unable to use bitcoin, it is evident that bitcoin cannot be used by an uneducated person because the entire procedure must first be learned from professionals.


There are a lot of uses that bitcoin can get for society, whether for educated or uneducated individuals. Because the way coin was designed, it is something that will impact everybody world-wide, so you can be sure that in the long run, as long as cryptocurrency is still existing, it will impact everyone. Furthermore, the OP shouldn't forget that the reason that I emphasize and discuss bitcoin is because it is the only coin that has shown that it will continue existing for a long period of time. And also, there was once a team that my country faced cashless policy; there was fiat cash in the country at large, and the citizens were suffering. I believe if it's like this time around that crypto awareness is now in Nigeria, some people will use it as a means of payment.

[MarjorieZimmermanGinger]

Of course - but wait, you don't need to generalize everything is the same. In many countries – schools only produce employees, in other countries schools produce skilled entrepreneurs and company owners. Education that supports students in business and finance tends to produce more business people than employees, but of course this varies by country.

Differences in implementation in the educational curriculum will differentiate the output produced - in some countries, becoming a civil servant is a dream job, while in other countries becoming a businessman is the dream of the average student.

No, because that is only a small comparison of the total that I see because in the area where I live there are fewer vocational schools compared to schools in general. In fact, the number of graduates who are able to work is much smaller than the total number of graduates each year, the reason is because schools only teach basic theory and do not shape students to be better prepared for entrepreneurship or building a business. Of course that is the development of education that is in line with the curriculum, but the resulting output base is actually increasingly lagging behind in terms of human resources.

That's almost the same thing that happens in my country because most university graduates are more inclined to think about becoming civil servants even though now the chances of graduating are quite small. There are very few vocational schools that shape the character of students to be better prepared and the existing vocational schools may not be comparable to schools in general.

Cryptocurrency is still general and if we talk as a whole there will be many things that need to be discussed. There are various types of coins in it and how they can affect a person's standard of living depends on the person who uses them. I tend to see potential in Bitcoin compared to other coins because of its durability and price which continues to grow in the market all the time.

The average bitcoin holder is not poor - they are experienced investors who have a good standard of living financially. Some are those who are building their standard of living to become more established - but they are people with knowledge.

Of course you are right and no one can get around that statement because it is impossible for people to buy bitcoin if they don't have money to eat. Knowledge is the basis for how they can get to know Bitcoin because it is impossible for them to make transactions without knowledge. We can conclude that bitcoin holders are people who are much more financially prepared and have extensive knowledge.

[Fuso.hp]

Every now and then we see many people in our society who are unemployed even after completing their graduation but their standard of living is zero but when those people try to do something or earn money through crypto currency, their standard of living will improve. Every country has enough problems of unemployment, the number of students who complete their graduation every year but do not get jobs every year so many remain unemployed. However, among those who are unemployed, a number of students are seen to focus on the crypto currency and they are able to make considerable progress by utilizing their talent here. In this case, it can be seen that the student is not unemployed but it can be a good support for the family which is a big issue for the student.

[Blitzboy]

Knowing fully well that there is so many uneducated people around the world, how can cryptocurrency increase the standard of living

Why are we so stupid to seek refuge for crypto about the living? have not we understand that this is a currency ?

People need to learn using it first before asking for changing lives , how can this improve living when people does not even use it as currency.

It's easy to use cryptocurrency as currency, but how many country is legally accepting Bitcoin as currency? only in El Salvador, the rest country are either grey area or only accept it as commodity, although there are few businesses don't mind to accept Bitcoin as alternative payment.

Bitcoin is just a "currency" similar to fiat, if a poor can earn $100 per month and get paid in fiat, it means there's no change if they get paid in Bitcoin. They still get paid for $100 per month, in a different "form".

You are right, but it is also true that in this era we live in, it takes many years to permanently establish something that the quarterbacks don't want. If you think that people are not using cryptos as a currency right now, you are wrong. Bitcoin has already entered into commerce. As governments introduce regulations for cryptocurrencies over time, cryptocurrencies will be fully integrated into our lives, just like fiat currencies. We just need a little more time.

Cryptocurrencies are an important investment tool and, like offshore banking, have a confidential structure. In this respect, Bitcoin is important for attracting wealth to countries that want to hide it. Even using this method, you can create a significant foreign exchange reserve in your country. Bitcoin can also eliminate speculative situations. Because all the Bitcoin produced is tied to a predetermined amount, it creates a situation similar to the advantages of the gold bullion system. The situation of multiplying fiat money more than production is eliminated. Finally, the perspective of governments on cryptocurrencies has changed 180 degrees and I believe that the full integration of cryptocurrencies into payment systems will be realized in the near future.

Its exciting to watch Bitcoin surpass initial resistance to become economic symbol. I believe Bitcoin's commercial venture represents the start of a financial revolution. I like your comparison of Bitcoin to offshore banking for wealth attractiveness and confidentiality. Though anonymous, Bitcoin's visible record enables traceability not seen in traditional banking institutions. This dual nature could revolutionize financial privacy and responsibility.

Bitcoin's fixed supply and deflationary nature make it a good gold standard comparison. Bitcoin's ability to hedge against fiat currency inflation makes it a more stable value store. Indeed, the government's attitude on cryptocurrencies is a paradigm change. After this acceptance and integration, digital currencies like Bitcoin will be part of our financial systems, not just investment tools.

[Baki202]

Cryptocurrency can increase standard of living when one invest in it
The opportunity it gives can increase standard of as of 2011 I bought Bitcoin worth of some dollars but I thought it was worthless then I sold it out if I had kept it till today my standard of living would have changed 
Cryptocurrency is just like when one choose a good business to invest his/her little capital,  you can be uneducated and profit from the business you can be educated and also profit from the business

Even when you invest, it does not guarantee that you will start making money immediately. and fully relying on Bitcoin investment is not a good idea if you have a job, then investing will be like a side hustle that will make everything easy for you because it is logical if you rely on your Bitcoin, will it be enough to sustain you looking currently at the economic saga we are in, and with bitcoin having an unstable price makes it hard to put confidence in, but when you have a job, you won't bother much about your investment.

Very few people who would have bought Bitcoin in the early days and held it until now would have made a lot of money, and a lot of people who have also bought and sold it out would have been regretting it now.