Bitcoin is the Best Option: Because of Dollar Rate Cost of Living is on the Peak

[Blitzboy]

Bitcoin is real. I promise it's the best deal. See the dollar? It's a disaster. Prices fluctuate widely. Makes running a business and grocery shopping miserable. Bitcoin, though? Stable. Secure. The government cannot touch the future. We need that type of winning.

It's not just fancy investors. Bitcoin restores authority to the people.  Countries are smartening and seeing opportunity. Openness to Bitcoin offers more freedom for everyone. Actually your money. No banker's toy. I desire that planet.

Businesses, please join. Bitcoin transactions are cheaper and faster. That means things get cheaper. For everyone, not just the rich. Imagine your paycheck buying something useful. This is possible with Bitcoin. This isn't about instant riches. Building a better system. A fairer system. A system where America wins, and everyday people win too.

[Marvell1]

Bitcoin is real. I promise it's the best deal. See the dollar? It's a disaster. Prices fluctuate widely. Makes running a business and grocery shopping miserable. Bitcoin, though? Stable. Secure. The government cannot touch the future. We need that type of winning.

It's not just fancy investors. Bitcoin restores authority to the people.  Countries are smartening and seeing opportunity. Openness to Bitcoin offers more freedom for everyone. Actually your money. No banker's toy. I desire that planet.

Businesses, please join. Bitcoin transactions are cheaper and faster. That means things get cheaper. For everyone, not just the rich. Imagine your paycheck buying something useful. This is possible with Bitcoin. This isn't about instant riches. Building a better system. A fairer system. A system where America wins, and everyday people win too.

There is no need to talk bad about USD or any country's currency because whether they are good or bad, they are all part of our lives, we still have to use it every day even if you have bitcoin.

Additionally, bitcoin transactions are neither cheaper nor faster than current fiat systems. There were also times when I had to spend 5-10 USD per bitcoin transaction and I even had to wait up to a week to complete my transaction. Nothing is perfect and our world will be better when Fiat and bitcoin exist side by side.

[NASdaq]

My bitcoin dca is my hedge against inflation, hope it will work well. It's getting more and more expensive to live

[lizarder]

Banknote and Digital Currency {Bitcoin} are all meant to buy things both in physical shops and online vendors. And countries are trying to adapt to the adoption of the digital currency upon all the restrictions many had laid on it but seen the benefits of it, some lift up the ban.

This is a good decision because people have other alternatives to fiat currency in terms of purchasing anything, but not all countries have implemented it and there are still many countries that see bitcoin as an investment asset. Now there are many online shops that accept payments using bitcoin even though we are in a country that prohibits transaction activities using bitcoin. If the benefits of bitcoin can provide a path to freedom then there is no harm in us taking advantage of it, but I still like bitcoin as an investment asset to this day.

The cost of in my country is on the peak that those who are receiving $80 as salary is nothing but a peanut which can't buy anything reasonable in the market again. Dollar is just playing with the Banknote in my country. And the best way is for the retail businesses to accept bitcoin if the transaction fee is low so that things will be okay for the poor. I am very happy that within this almost one year period I was not in the forum, I have invested some reasonable amount of bitcoin.

That's quite a small income and even in the country where I live if we earn a salary of $80 every month then just food costs are not enough. If someone earns such an income, I am sure that they will not be able to carry out investment activities in Bitcoin because just talking about needs is not enough and how can they possibly set aside that money for investment. I want to know how much income you make every month and what investment formula you would use if you got that much income every month.

[BIT-BENDER]

What do you say on this matter?

Banknote and Digital Currency {Bitcoin} are all meant to buy things both in physical shops and online vendors. And countries are trying to adapt to the adoption of the digital currency upon all the restrictions many had laid on it but seen the benefits of it, some lift up the ban.

And many people were excited because bitcoin is decentralized and out of government control and bitcoin is volatile and it is store of value. So people became conscious and like bitcoin the more. If bitcoin transaction is low and retail businesses accept bitcoin as a method of payment. Dollar does devalue bitcoin so the price of things will not be influenced by dollar anymore. But the international market might still affect the price of things because there they would still used dollar for exchange unless the vendors are accepting bitcoin at that level as well. In my own understanding if bitcoin is adopted as a legal tender in my country the cost of living will reduce. The cost of in my country is on the peak that those who are receiving $80 as salary is nothing but a peanut which can't buy anything reasonable in the market again. Dollar is just playing with the Banknote in my country. And the best way is for the retail businesses to accept bitcoin if the transaction fee is low so that things will be okay for the poor. I am very happy that within this almost one year period I was not in the forum, I have invested some reasonable amount of bitcoin.
Welcome Back to the forum.

DiMarxist.

I don't know you country but I think you are getting something wrong, from what you are saying you aren't in the US I guess, and the original owners of the US dollars is the United States of America but the globe has seen the US as the universal value of finance, we practical calculate finances in the US dollars.

So if anything those who earn in your local currency should fill it the most than those who earns in the US dollars. Because your currency is deprecating to the US dollars making those who earn in dollars have more when they concert to your Local currency but the sad truth is that the price of things would also increase in your country.

Bitcoin may not be able to solve this completely because the economy of your country needs to also improve and your leaders has their part to play .

[AVE5]

Still, the dollar rate is as a result of your country using it to purchase goods or should I say import and export produce on a regular basis, without depending on using its fiat to strengthen its economy by patronizing homemade products and development of other initiatives that would alleviate the plight of its citizens.

The rate of dollar influence would soon or if not already being deflecting as it units of exchange from other local currencies during purchases of payments of services has only been boasting the economy of the USA and the USD was being overrated including the rest fiats which the governments or regulatory authorities has never intercepted its value to contribute to the growth of their own economy values. So the global adoption of bitcoin has made it a pride to counter those grains hindering economy growths.
It also help individual to reservations of expenses such as tax payments and reduces transaction charges which the central policies is overwhelming.