Bitcoin as a means of economic empowerment

[Mekie21]

Over the years, inflation is almost making our fiat decrease in value our pensions our savings.  The thing that will help the average persons the most is economic empowerment through the ability to accumulate assets that cannot be inflated, confiscated or manipulated. And which do we now see as the most accessible form of assets? BITCOIN. Bitcoin right now is an open permissionless network, you can literally be any where in the world and start acquiring it with a few fiat dollars, Yen, pound, naira or whatever fiat currency you have in your possession, and you’ll have a sit at the table. There’s no special advantage that a CEO in a Boardroom has versus you, because their network is blind to your net worth. I see so much hope in Bitcoin cause it’s going to lead us to a world of productivity, positivity and abundance as opposed to the scarcity, giving the common persons that has have Bitcoin in their possession leverage over the frustration that comes along with the government inflated fiat

[Hyphen(-)]

You are right, saving fiat currency like our local Naira is not the solution anymore, the era of save your money for future use is not more working because the amount you saved might remain the same or even have some interest as a result if your savings in the bank, but will the value still be there? NO.

Bitcoin is actually the best option to save for future, but we need to be very careful because if the risk involved in cryptocurrency in general which involve irreversible transaction; therefore one needs to learn well before investing in Bitcoin because there are key and basic tips to be learned which include keys and address, Bitcoin wallets, and so on, how to keep your seed phrase safe and know the important of your seed phrases, if you know all these, you are good to go and invest safely in Bitcoin because it is safer than any altcoin you can think of.

This book is always good and I do recommend it always when given advice on knowing and learning about Bitcoin before investment.

[Slimzeee]

Government purposely drives this inflation for their personal profits, which is more reason why they are trying their best to limit the adoption of Bitcoin, considering that nobody can wake up tomorrow and generate an extra 1 million Bitcoin unlike fiat currencies.
Bitcoin has really done a lot by creating an even battle ground for all, or for those who are ready to take the bold step of accumulating.

The only concern I will just like to raise or let me even call it an awareness  is this:
Please, if you want to accumulate and your country’s local currency is very low compared to the dollar, I will strongly advise you to develop a strategy that will help you in the accumulation. Do not just dump all your money into it unless you have other plans, because don’t forget you will still earn and live life in your local currency while holding your coins. During this process, it is important you have some finances to always fall back to.

[sotelorene]

Over the years, inflation is almost making our fiat decrease in value our pensions our savings.  The thing that will help the average persons the most is economic empowerment through the ability to accumulate assets that cannot be inflated, confiscated or manipulated. And which do we now see as the most accessible form of assets? BITCOIN. Bitcoin right now is an open permissionless network, you can literally be any where in the world and start acquiring it with a few fiat dollars, Yen, pound, naira or whatever fiat currency you have in your possession, and you’ll have a sit at the table. There’s no special advantage that a CEO in a Boardroom has versus you, because their network is blind to your net worth. I see so much hope in Bitcoin cause it’s going to lead us to a world of productivity, positivity and abundance as opposed to the scarcity, giving the common persons that has have Bitcoin in their possession leverage over the frustration that comes along with the government inflated fiat

Bitcoin has really helped a lot of people in a way some never expected initially because there are people who never thought of doing anything in Bitcoin because it was looking like a scam project and so many people do not trust and see it potential then but today so many people are living witness mostly those that started early and held till this period. And I totally agree with you but you should know that the money you are talking about to be store in Bitcoin instead of keeping it in our fiat, do not forget that Bitcoin investment should be done or carry out with money we can afford to loss that is our discretionary and this funds or money you are talking on keeping in Bitcoin are not actually money we can afford to loss though I know this may not work for everyone but rather only for those who has other sources of income to use an sustain even when they are investing the other funds into Bitcoin and if they do it successfully, the return will be great in the future.

[Jubilee58]

Over the years, inflation is almost making our fiat decrease in value our pensions our savings.  The thing that will help the average persons the most is economic empowerment through the ability to accumulate assets that cannot be inflated, confiscated or manipulated. And which do we now see as the most accessible form of assets? BITCOIN. Bitcoin right now is an open permissionless network, you can literally be any where in the world and start acquiring it with a few fiat dollars, Yen, pound, naira or whatever fiat currency you have in your possession, and you’ll have a sit at the table. There’s no special advantage that a CEO in a Boardroom has versus you, because their network is blind to your net worth. I see so much hope in Bitcoin cause it’s going to lead us to a world of productivity, positivity and abundance as opposed to the scarcity, giving the common persons that has have Bitcoin in their possession leverage over the frustration that comes along with the government inflated fiat

Putting our money in the bank and saving in our fiat currency can only make our money valueless. The federal government and the central bank of Nigeria make financial policies that is not favourable to the masses and only causing inflation in the country. The government is in control of our own currency, everyday the cost of living continue to go higher, and for this reason, we need to save and diversify in our investment as against inflation.

Bitcoin is the key to economic empowerment, our savings and investment is not affected by inflection and our money continue to appreciate in value. This is the kind of investment we as Nigerians need to make, considering how our naira currency is depreciating in value. People are investing in Bitcoin as an hedge against inflation, institutions and individuals who knows the worth and potential of bitcoin are accummulating periodically and they never relented. Let's be wise and never hesitate to take advantage of the opportunity that Bitcoin has brought to us.

[Cryptomultiplier]

In addition, I think Bitcoin has offered a lot more to the Nigerian society even though it is still not a legal tender, but it offers a more efficient, decentralized and resilient financial infrastructure that bypasses the traditional banking system we know and individuals who have been using it know it has more than made them more in control of their money, with better potential still to empower the nation economically.

Bitcoin helps the unbanked get onboard and control their finances, it helps act as a hedge of value in times of inflation and devaluation of the Naira, it helps create jobs for freelancers who can now work and receive payments in Bitcoin for jobs online across borders, including the P2p trading system and as a financial instrument for small businesses to receive payments upon transaction completion even from across borders.

[CryptoHeadlineNews]

Over the years, inflation is almost making our fiat decrease in value our pensions our savings. 

The thing that will help the average persons the most is economic empowerment through the ability to accumulate assets that cannot be inflated, confiscated or manipulated.

Imagine having a certain percentage of your salary saved in Bitcoin monthly for 30years as you keep working in preparation of your retirement pension or gratuity in the future. Because I'm 100% sure that will be the best form of economic empowerment far better than having same funds saved in fiat that will literally lose it's purchasing power with time as the fiat currency keeps depreciating. Because having someone's retirement planned in Bitcoin can even skyrocket the amount to almost 100 times far higher if the same amount was saved in fiat for the ame period of time. Of which the individual will be able to have more purchasing powers. Hence, the best way to staying economically empowered is prioritizing Bitcoin as your asset for investment meant for the future.

[EluguHcman]

Bitcoin does not have influence over the general public economy sector but more effective for savings in storing of values against inflations in the long time.
So even for the national reserve on Bitcoin, it does not mean to curb economy situations rather but to secure national reserved funds from diminishing in values and the fiats is never a solution for the inflations crisis.

Bitcoin can also be said to be a structure to burst an economy on empowerment if only the country will make Bitcoin legal and encouraging miners with the ease of friendly policies and as well low taxes on power consumptions.

But where the governments is not playing any vital roles in the system to encourage the people, then it is a whole personal race and will be no economy impact about it.

[Zigabel]

Over the years, inflation is almost making our fiat decrease in value our pensions our savings.  The thing that will help the average persons the most is economic empowerment through the ability to accumulate assets that cannot be inflated, confiscated or manipulated. And which do we now see as the most accessible form of assets? BITCOIN. Bitcoin right now is an open permissionless network, you can literally be any where in the world and start acquiring it with a few fiat dollars, Yen, pound, naira or whatever fiat currency you have in your possession, and you’ll have a sit at the table. There’s no special advantage that a CEO in a Boardroom has versus you, because their network is blind to your net worth. I see so much hope in Bitcoin cause it’s going to lead us to a world of productivity, positivity and abundance as opposed to the scarcity, giving the common persons that has have Bitcoin in their possession leverage over the frustration that comes along with the government inflated fiat

In as much as Bitcoin appears like the best or perfect escape to the current economic situations, it still doesn't stay void of its own challenges that comes with it, firstly buying Bitcoin you will need some fiat and that will mean you will need a means of earning the fiat of which it could be a gift or other means of acquisition. sometimes the problem may lay in first acquiring or getting a job that will pay you then from there you will be able to pick up a the decision to accumulate as you do not just accumulate this assets for free except it bee a gift that you were give but then you need to be doing something to get you the fiat to be bale to accumulate the Bitcoin as an asset, so beyond the economic salvation that Bitcoin or digital assets will give you is your own very move that you will be needing to make.

[Mekie21]

Bitcoin can also be said to be a structure to burst an economy on empowerment if only the country will make Bitcoin legal and encouraging miners with the ease of friendly policies and as well low taxes on power consumptions.

But where the governments is not playing any vital roles in the system to encourage the people, then it is a whole personal race and will be no economy impact about it.

It’s a good thing the government does not play any vital role in Bitcoin system, because if they should have a role in it Bitcoin would not have come these far. What really attract investors to Bitcoin is because of its decentralized nature, privacy and profit. If the government were given a role in it then they’ll try to manipulate the system to their own Favour like they have done to the fiat currency.

[Hustle2025]

Looking at the economic value of Bitcoin, it's economic impact can not be over emphasized. Bitcoin as a store of value is of great economics importance in the society.
Bitcoin can be seen as a means of economic empowerment in the sense that people invest some amount of capitals in it to make profit, it is also a means of saving money as a digital asset which possibly increase in Value over time.

Bitcoin investment can serve as a major source of income to some investors and trader.