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Author Topic: Bitcoin is A Beacon of Hope for the Present and Future  (Read 572 times)
letteredhub
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April 01, 2024, 02:23:31 PM
 #21

In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking.

what will you do to own bitcoin if you don't have money , bitcoin is not provided for free to people with unstable economies ? And if you don't use a bank , don't use a traditional currency system, how can you buy bitcoin ?
I believe there are persons that own bitcoin today that didn't bought the bitcoin through any traditional banking. There are bitcoin owners with digitalized skills like web and graphic designing, domain creation etc and they are paid with BTC, all they had to to was to create a wallet and get their wallet address available for deposit payment for their services without passing through any bank service. But this in anyway doesn't mean that the traditional banking system is turned irrelevant, not really, they do have a role they play in society.
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In the bitcoin whitepaper, bitcoin is likened to a currency but bitcoin is becoming an investment.  I don't see too many people using it as a currency, and I don't think there's any chance of it becoming a replacement for the current monetary system . what I'm seeing is people taking advantage of its volatility to get rich and become financially free.
Bitcoin for many if not all users/holders is mostly for investment purpose than transactional use as it is with fiat in our daily economical activities.  What's crucial in it all is that bitcoin has given and still giving a whole lot of persons the opportunity to make and have investment that creates financial freedom for them which they were limit with the centralized fiat system.
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April 01, 2024, 02:29:11 PM
 #22

Due to the fact that bitcoin have been seen as one of the best assest, if not the best assest to invest in, because of the rapid growth in value which it has gain ever since creation. This have made it hopes for people who believe in it, and invest in it, as long as you understand how to invest and you have a means of income that you can use little part to invest in bitcoin. It will serve as safe haven for them in future, because the price of bitcoin increase with time-line.

However, it is not everyone that will benefit from bitcoin, because some are feeling not safe investing in it, while some are just too poor and are in an interior community where they cannot have access to the internet. Then some  believes that they are too rich or knowledgeable to invest in bitcoin. This is why not all will benefit from bitcoin, but only individuals who are have the opportunity to invest and took advantage of it.

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April 01, 2024, 03:05:14 PM
 #23

I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.
Here we go again with treating bitcoin as if it's the second coming of Jesus Christ.

It's good and all that we revere bitcoin to a certain degree, to a lot of us here, we can deny how it changed our lives for the better and that's one big truth, but, making out bitcoin as some sort of ticket to financial freedom just isn't right, even though we have people here who fllipped millions of dollars thank to the cryptocurrency giant.

The thing is that, when you paint the narrative that bitcoin is nothing but a cash cow that people can use to instantly earn money whenever they please, you're inviting the wrong community of people to the industry, the ones that are not healthy for crypto in general as they will only be here for the instant profit, and when they can't get that, they'd cry and complain and spread FUD and lies wherever they go, which is not good for the industry. So if you want to dial in with the right community and set fair expectations towards those who just got into crypto right now, stop with the narrative that "bitcoin is the hope of the future" or "bitcoin is the answer to poverty", it's not. Your financial freedom still lies in your hands, work your ass off and be smart about money.

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Doan9269
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April 01, 2024, 03:12:47 PM
 #24

By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future.

Yes, we cannot pretend that we have not seen so many positive impact of bitcoin in our lives, you can imagine that from the way people all over the world are trying to adopt for the use of these digital currency because of its many benefits that it serves, we have the financial freedom, profitable investment and a secured means of having our assets stored, its all about financial freedom with bitcoin in a decentralized network.

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April 01, 2024, 03:15:07 PM
 #25

Bitcoin is about opportunity, not just money. It gives those left behind by the old banking system hope like a contemporary beacon.  I know some need convincing, but Bitcoin gives people control over their money. Real financial freedom without interference or cuts. This isn't a fantasy. It's about world change and fairness. Think large, global transformation. Bitcoin has that potential. Study this, be wise, and work for a future where everyone is financially included. That's worth fighting for and will be tremendous

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April 01, 2024, 04:19:49 PM
 #26

Bitcoin carries with it the hope for a more equitable and inclusive future.
There are many individuals who never imagine them self to be able to have something to invest in because of their very little source of income. Some of these people have engaged in activities like gambling where they know that they can win a fortune and change their story as a way to maintain hope about the future. Bitcoin provides this sort of hope because proper discipline investing in it even with the little source of income can be a way to financial independence in the future. It is a reason why many young people especially are adopting it, not as a get rich quick scheme, but as a way to be rich.

Bitcoin is one of the most well-known virtual currencies today, with its value rising dramatically since its launch in 2009.Bitcoin is a form of digital currency that aims to eliminate the need for central authorities such as banks or governments.In the actual sense,bitcoin has served as a beacon,and it's still serving as a source of financial liberation to us.

Bitcoin is beacon,it has reduced the hardship and burden that banks and government has caused for regular people.Many people finances and career has been under threat;and some people have not still experienced bitcoin at all,but whenever they come to know about bitcoin,bitcoin will eventually surface as thier beacon to seek financial freedom.

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April 01, 2024, 04:43:30 PM
 #27

Bitcoin can be seen as an opportunity for low income people. Those who think that their income is low. Bitcoin is a new motivation for those who are unable to fulfill any of their dreams in the future. This decentralized system does not understand any brassiness. No personal attacks can be accepted. As a result, an investor can achieve his or her goals through Bitcoin with complete independence. I have personally seen changes in the condition of some individuals that can be emulated by others. He realized some of his unfulfilled hopes in the past few years by investing in Bitcoin. Bitcoin is a symbol of trust for every human being. Not only the rich will benefit from this. Even a relatively poor person can make a living from this platform using long-term Bitcoin investment strategies.

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April 01, 2024, 08:09:25 PM
 #28

With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.
I never thought of this extent of involvement in bitcoin and was fortunate enough to get to know bitcoin because it provided an opportunity to reach a stage of financial change from before. There is hope when fiat currencies continue to lose value and bitcoin provides the idea of freedom for anyone who wants to make an investment asset. Now people are starting to realize that Bitcoin is one way to determine the direction of the money we have, because if we make the right investments, the money we have will definitely be more productive.

People's thought cycles will continue to follow developments with the times and if they fail to understand technology they will be increasingly left behind. So it's a good idea now for us to start introducing this system to children, although the method can be adapted to their thinking abilities. Bitcoin has shown validity in terms of resilience, making it increasingly widespread in terms of adoption.
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April 01, 2024, 09:19:17 PM
 #29

Due to the fact that bitcoin have been seen as one of the best assest, if not the best assest to invest in, because of the rapid growth in value which it has gain ever since creation. This have made it hopes for people who believe in it, and invest in it, as long as you understand how to invest and you have a means of income that you can use little part to invest in bitcoin. It will serve as safe haven for them in future, because the price of bitcoin increase with time-line.

However, it is not everyone that will benefit from bitcoin, because some are feeling not safe investing in it, while some are just too poor and are in an interior community where they cannot have access to the internet. Then some  believes that they are too rich or knowledgeable to invest in bitcoin. This is why not all will benefit from bitcoin, but only individuals who are have the opportunity to invest and took advantage of it.

Not the biggest asset, but if you say the biggest virtual asset and money, then you are correct because other assets are by far bigger than Bitcoin, starting with real estate, oil, and many more. Virtual bitcoin is king and its potential to have a lot of purposes makes people interested. The value of Bitcoin keeps dropping and increasing and that is how stocks behave, which is good to allow investors to be able to invest. and that is what is currently about to happen This is the month of halving and the impact on price may lead to a bull run, according to market experts.

And that belief that people have given to Bitcoin has made it increase in price because people keep giving hope to Bitcoin, and from encouraging people, the number of investors is also increasing, and every year its price displays, so if you are holding hold tight, and if you are trading, then continue trading bitcoin. Don't fail people it is just for you to wait for your season of making a profit, and if you are patient enough, then your goal will be met.

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April 01, 2024, 09:21:34 PM
 #30

I do not believe that Bitcoin is the solution and hope for all your economic problems, but rather it has removed the need for banks or any third party to control your money. If you want to send or receive your money across borders, you can do so without it being frozen or an employee asking you for a lot of information about you, but the solution to your economic problems begins with learning. Reducing your expenses, saving and investing, Bitcoin can benefit you as an asset with increasing value.
Bitcoin as an investment choice is not so easy as most people think cause investing also needs planing, planing is needed for everything to ensure success. At first from my perspective, bitcoin gives freedom to the masses and makes transactions across borders fast and simple with no third party. The fiat system looks complicated these days but I'm actually speaking for my locality, seeing the scam and fraud looks scary. Allowing a third party when it comes to financial issue is difficult but we have no choice. I clearly understood what op is referring to, treating bitcoin as a valueble asset and store of wealth for feature use is perfect so I see where the hope is coming from.

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April 02, 2024, 07:25:08 AM
 #31

I do not believe that Bitcoin is the solution and hope for all your economic problems, but rather it has removed the need for banks or any third party to control your money. If you want to send or receive your money across borders, you can do so without it being frozen or an employee asking you for a lot of information about you, but the solution to your economic problems begins with learning. Reducing your expenses, saving and investing, Bitcoin can benefit you as an asset with increasing value.

Nugget. Bitcoin is only one of the valuable means to curtail your economic problems. Likewise investing in a promising asset like Bitcoin overtime will yield more dividend for you.

In a world with centralised economic system runned by governments, Central Banks, bitcoin have given freedom to own and manage your assets yourself also helping one while making  huge transactions (currently most transactions done is carried out in the bitcoin network).
Most persons now save and liquidate fait  from banks to bitcoin network because of bank charges and inflation related value losses, and ensuring more security over there assets.

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April 02, 2024, 07:45:55 AM
 #32

Here we go again with treating bitcoin as if it's the second coming of Jesus Christ.

It's good and all that we revere bitcoin to a certain degree, to a lot of us here, we can deny how it changed our lives for the better and that's one big truth, but, making out bitcoin as some sort of ticket to financial freedom just isn't right, even though we have people here who fllipped millions of dollars thank to the cryptocurrency giant.

The thing is that, when you paint the narrative that bitcoin is nothing but a cash cow that people can use to instantly earn money whenever they please, you're inviting the wrong community of people to the industry, the ones that are not healthy for crypto in general as they will only be here for the instant profit, and when they can't get that, they'd cry and complain and spread FUD and lies wherever they go, which is not good for the industry. So if you want to dial in with the right community and set fair expectations towards those who just got into crypto right now, stop with the narrative that "bitcoin is the hope of the future" or "bitcoin is the answer to poverty", it's not. Your financial freedom still lies in your hands, work your ass off and be smart about money.
Correct, probably if there's a new religion named Bitcoin exist in his country, I won't be surprised he would join this new religion.

The funny thing is people are saying Bitcoin is decentralized bla bla when actually they use centralized exchange to buy Bitcoin and when you ask them how to buy Bitcoin via P2P, they will answer Binance P2P, paxful etc which is also centralized.

There's no financial freedom, except someone have many autopilot businesses or have Billion dollars in investment, which I believe @OP is neither of them.

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April 02, 2024, 08:28:05 AM
 #33

Whatever functions as currency, it must be an effective medium of exchange. Bitcoin has been used since 2009 as a medium of exchange for pizza, so when someone says Bitcoin is a beacon of hope for the current and future financial world, it is true because in the past bitcoin has become a new hope when exchanged for pizza.
The decentralized financial system that is closely attached to Bitcoin allows Bitcoin to become a global reserve currency in the future that replaces the role of the Dollar. As a beacon of hope for the financial world with a modern system that fiat cannot offer, Bitcoin technology will further enhance the transaction system in the future because of the development of a cashless society that eliminates traditional means of exchange.

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April 02, 2024, 08:35:32 AM
 #34


Correct, probably if there's a new religion named Bitcoin exist in his country, I won't be surprised he would join this new religion.

The funny thing is people are saying Bitcoin is decentralized bla bla when actually they use centralized exchange to buy Bitcoin and when you ask them how to buy Bitcoin via P2P, they will answer Binance P2P, paxful etc which is also centralized.


Haha, you pointed out a point that everyone tries to hide. People always shout that bitcoin is decentralized, that bitcoin helps them improve privacy, but they are using top exchanges like Binance, OKX or Coinbase to buy and trade bitcoin. If we're being honest with each other, I'd really like to know how many members on the forum don't use centralized exchanges?



There's no financial freedom, except someone have many autopilot businesses or have Billion dollars in investment, which I believe @OP is neither of them.

Most people who choose and invest in bitcoin are people who are trying to become rich with their little capital, they think that before bitcoin can increase millions of times and they think that it will happen out again. So, they are paranoid that they will also become financially free thanks to bitcoin.

You are right, there is no financial freedom when investing in bitcoin and if that happens it will not be easy to achieve, there are too many people who have illusions about bitcoin, they even consider it more than god.

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April 02, 2024, 11:10:30 AM
 #35

Bitcoin can be seen as an opportunity for low income people. Those who think that their income is low. Bitcoin is a new motivation for those who are unable to fulfill any of their dreams in the future. This decentralized system does not understand any brassiness. No personal attacks can be accepted. As a result, an investor can achieve his or her goals through Bitcoin with complete independence. I have personally seen changes in the condition of some individuals that can be emulated by others. He realized some of his unfulfilled hopes in the past few years by investing in Bitcoin. Bitcoin is a symbol of trust for every human being. Not only the rich will benefit from this. Even a relatively poor person can make a living from this platform using long-term Bitcoin investment strategies.
Whoever you are, rich or poor, Bitcoin is a great earning opportunity. Rich people buy Bitcoin not hoping they will be earning more but they see this will be a great idea to continue increasing their monthly/yearly revenue. For poor people, this is a big thing for them but unfortunately, with their limited source of funds, that also limits their investment journey.

More and more people are into BTC investment because many people have also opened their minds and are educated already. Many people understand the risks and are courageous enough to take it which is literally a factor that helps us gain interest and see the possible benefits we get today and in the future.

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April 02, 2024, 11:27:22 AM
 #36

I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.
i just wanna wish that one day  people will realized all this points given for them to invest and try having at least small amount of  bitcoin in their pocket to consider for the future of not just them but for their family.
I love how you mentioned this here about BEACON of HOPE, Bitcoin is indeed for this present and for future.

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April 02, 2024, 11:43:07 AM
 #37

It's not just bitcoin that we can do that kind of thing that Frankl's talking about, there's other things that you can do too like helping them, giving hope in other ways is much better than talking about it. Bitcoin does offer hope but at the end of the day, we got to remember that it's always going to be us, humans that will materialize whatever hope or future that we want to see, we can all keep talking and dreaming all we want, we will never ever see any fruit of that dream if we've got no action, remember that bitcoin is just a tool and it's only as useful as the people that's going to use it.



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April 02, 2024, 11:48:10 AM
 #38

Maybe for people who hope for a decentralized financial system, Bitcoin could be a hope for now and in the future. But that's all, because Bitcoin cannot be a solution for empowerment and financial inclusion, since its function is mostly for transactions. Because if it functions as a banking solution, it means that Bitcoin must be managed by a centralized system and Bitcoin cannot achieve this.

R


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April 02, 2024, 11:49:29 AM
 #39

By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future.

Yes, we cannot pretend that we have not seen so many positive impact of bitcoin in our lives, you can imagine that from the way people all over the world are trying to adopt for the use of these digital currency because of its many benefits that it serves, we have the financial freedom, profitable investment and a secured means of having our assets stored, its all about financial freedom with bitcoin in a decentralized network.

This is why I am particularly passionate about anything that has to do with Bitcoin. Because for me, Bitcoin is a salvation to the financial sector in the sense that it helps a lot of people to move away from the centralized system which seems to be like a cage where you have no choice than to operate within the purview of the government or within certain standards that governments have set for you.

So, it's like you can't operate outside the enclave and this still goes back to the neocolonialism and the power of a few over many kind of setting or scenario. And what Bitcoin has done that has stood it out amongst every other technology that I've witnessed in my life is it has come to break that jinx to bring about a decentralized system where everybody has a stake in the financial assets that they own.

So, there is nothing like having some set of authorities to predetermine how the market would move or how your assets would be valued. Rather, you have a system that each and every one of us can become stakeholders in ensuring that our assets are valued in some certain ways. I believe there are still more developments to Bitcoin. I believe a lot of modifications might happen in the future.

A lot of advancements might come to the Bitcoin technology or the cryptocurrency technology. But this particular one that birthed Bitcoin was a humongous one and one would continue to say kudos to Satoshi Nakamoto for bringing such a landmark advancement to the technology of the world.

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April 02, 2024, 12:49:06 PM
 #40

I was reading some text by Victor Frankl and in it he believed that the most important thing we can do for our fellow human beings is to give them hope for the future. With regards to the bitcoin, its purpose is in line with this idea. In the Bitcoin White paper, it is outlined that Bitcoin represents a decentralized financial system, that will offer hope for economic empowerment and financial inclusion, especially in regions facing economic instability or lacking access to traditional banking. By granting people the power to be in charge of their finances through non-custodial wallets, and offering an alternative to centralized systems, Bitcoin carries with it the hope for a more equitable and inclusive future. You can see the connections between these two and it is phenomenal. It is just amamzing. Isn't it. I just thought to share it here.


Can a country that lacks access to even the common traditional banking system have access to the current technology of Bitcoin and blockchain? Rarely would they even have quality knowledge about Bitcoin. We know that Bitcoin was created for a good purpose, and even for the little time the technology has lasted, it has contributed to a lot of changes in some countries, in society, and even in the lives of many people. Growth has been impacted by Bitcoin benefits. 

People who love Bitcoin are staying positive-minded that more good changes can be caused by Bitcoin from around the world, and so we hope, but Bitcoin alone cannot change the whole world; therefore, every other important thing needs to be acknowledged too, together with Bitcoin. Some people have used the phrase "Bitcoin is a hope for financial empowerment" and quit their jobs; others left other important things. To make Bitcoin more beneficial, and to stand as hope, we have to help one another pass on authentic information about Bitcoin to people that are interested in the technology, no by just saying it's a hope for the present and the future.

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