Why I love crypto ?

[Uruhara]

The reason I like crypto is probably similar to what everyone else here has mentioned. Especially the fact that you don’t need capital, if you’re persistent enough, you can get it from airdrops, testnets, and the like. But the reason I’m truly grateful for the existence of cryptocurrency is that we’ve truly been able to eliminate the barriers to sending money across borders no time restrictions, no maximum limits, and so on. Even for someone who has a family member abroad who needs money, we can send it via crypto anytime, anywhere, as long as there’s an internet connection and both parties know how to do it.

And the fact that the market operates 24/7 every day with no holidays is another major advantage.

[YOSHIE]

Is crypto created to help the poor ?
Yes, it is.

Basically Bitcoin was created for all people in this world, initially to facilitate transactions without third parties, not for those who are poor, Bitcoin is for the rich, middle, poor, young and old.

However, as time goes by, Bitcoin is often used for trading, investment and so on, so that it has changed specifically to what it is today.

For this reason, Bitcoin was not created for just one poor group, Bitcoin was created for all groups.

[suzanne5223]

Is crypto created to help the poor ?
Yes, it is.

Basically Bitcoin was created for all people in this world, initially to facilitate transactions without third parties, not for those who are poor, Bitcoin is for the rich, middle, poor, young and old.

However, as time goes by, Bitcoin is often used for trading, investment and so on, so that it has changed specifically to what it is today.

For this reason, Bitcoin was not created for just one poor group, Bitcoin was created for all groups.

Yes, Bitcoin was created for all groups of people, but not all groups of people will use it despite its innovative invention and financial benefits.
Having said that, i conclude that most people who love Bitcoin do so for a mixture of financial, ideological, psychological, and lifestyle reasons (the lifestyle reasons are why i stated that not all groups of people will use BTC since it cant be held).
So, the reason people love BTC is not always about the money but how it taps into deeper human desires for freedom and control.

[henmark]

Making it a levelled playing field is the number reason for most peoples love for crypto. It's global, it's for everyone, doesn't matter if you are in a 250 million dollar penthouse in New York, or a tribal village in Africa.

For all of us, a 10% increase is a 10% increase and while a dude with 100 million could make 10 million profit off that, it would mean the same thing to someone who has 100 dollars and make 10 dollars. This is why the feeling if equality is the reason we are all in love with it.

That's nothing new, even traditional investment assets work in the same way you just described. If I buy Gold worth $1,000 and someone buys Gold worth $1m, and it goes up 10%, I make $100 and the other person will make $100k, so the percentage of profit will be the same for both of us, but just because we had different investment capitals, our profit in value will be different. So this is not something unique that Bitcoin is offering to us, this is something that is found in everything else in the world, especially when it comes to investment options.

The difference, the major one, that Bitcoin brings on the table is its decentralized nature, and its limited supply. No other asset in the world has these features, which is the reason why Bitcoin has gained so much popularity and value in the world today.

Those who trade Bitcoin or make investments in it understand that it is not controlled by a single entity that can make any changes they want at any given time, or simply freeze funds of investors and traders without their consent and then confiscate them. None of these things are possible with Bitcoin, which is why it is loved so much.

[fredericktaylor]

Is crypto created to help the poor ?
Yes, it is.

Basically Bitcoin was created for all people in this world, initially to facilitate transactions without third parties, not for those who are poor, Bitcoin is for the rich, middle, poor, young and old.

However, as time goes by, Bitcoin is often used for trading, investment and so on, so that it has changed specifically to what it is today.

For this reason, Bitcoin was not created for just one poor group, Bitcoin was created for all groups.

Of course, Bitcoin is made for everyone, there is no such thing as rich, poor or middle class, any class of people can buy Bitcoin it is independent for everyone. Any person can buy Bitcoin with complete freedom whenever he wants and can hold it for the future with long-term plans it is completely a personal matter of an investor. There are many reasons behind the creation of Bitcoin but these include financial freedom and freedom from banking complications but general people use Bitcoin in various ways for their own benefits.

[ChocolateBitcoinK]

Is crypto created to help the poor ?
Yes, it is.

Basically Bitcoin was created for all people in this world, initially to facilitate transactions without third parties, not for those who are poor, Bitcoin is for the rich, middle, poor, young and old.

However, as time goes by, Bitcoin is often used for trading, investment and so on, so that it has changed specifically to what it is today.

For this reason, Bitcoin was not created for just one poor group, Bitcoin was created for all groups.

Of course, Bitcoin is made for everyone, there is no such thing as rich, poor or middle class, any class of people can buy Bitcoin it is independent for everyone. Any person can buy Bitcoin with complete freedom whenever he wants and can hold it for the future with long-term plans it is completely a personal matter of an investor. There are many reasons behind the creation of Bitcoin but these include financial freedom and freedom from banking complications but general people use Bitcoin in various ways for their own benefits.

Bitcoin investment is definitely suitable for everyone, who can buy responsibly through discretionary income. In fact, it is not the amount of income that matters, but rather consistency, even if it is small, is needed first of all. However, one should not unrealistically expect success here, it is important to have a general idea of ​​risk, volatility and long-term planning before investing, otherwise we may have a tendency to make wrong decisions. Therefore, to avoid this possibility, we must focus fully on the long term, and it is also important to maintain consistency.

[Wiwo]

The reason I like crypto is probably similar to what everyone else here has mentioned. Especially the fact that you don’t need capital, if you’re persistent enough, you can get it from airdrops, testnets, and the like. But the reason I’m truly grateful for the existence of cryptocurrency is that we’ve truly been able to eliminate the barriers to sending money across borders no time restrictions, no maximum limits, and so on. Even for someone who has a family member abroad who needs money, we can send it via crypto anytime, anywhere, as long as there’s an internet connection and both parties know how to do it.

And the fact that the market operates 24/7 every day with no holidays is another major advantage.

Freedom is the key factor that drive majority of us into cryptocurrency, because with traditional money you are controlled by the banks, they decide when you can spend your money and how much you can spend by placing transactions limits on accounts.

Cryptocurrency eliminate that limit placement from banks amd grant us full financial freedom, that is you are able to send and receive any amount you want in cryptocurrency like bitcoin without limitations.

This is truly the financial freedom we need to be able to build unrestricted boundaries in the financial sector.

[free-bit.co.in]

I disagree. Crypto not being or taking as long as gold or stock really doesn't mean we call it fast or a get rich quick investment, in fact you would only be sounding misleading, especially to newbies, and I'm pretty sure that that isn't your intentions. Reaching a state of over accumulation in bitcoin should take around a period of at least 5-10 years which is basically around 1 to 2 cycles, and you can't call such timeline quick.

As I said, it is just faster than other investments, it is not a tool to make us rich overnight.
If we are truly honest with ourselves, what is the real reason we choose Bitcoin and crypto? Is not it because they offer better and faster returns compared to other assets and investments?

We are drawn to bitcoin because of the stories of many people getting rich from it with small amounts of capital and making millions of dollars. Because Bitcoin is an asset that has increased thousands, even millions of times in value in just over a decade, something no other asset has ever achieved.

[colinistheman]

The reason I like crypto is probably similar to what everyone else here has mentioned. Especially the fact that you don’t need capital, if you’re persistent enough, you can get it from airdrops, testnets, and the like. But the reason I’m truly grateful for the existence of cryptocurrency is that we’ve truly been able to eliminate the barriers to sending money across borders no time restrictions, no maximum limits, and so on. Even for someone who has a family member abroad who needs money, we can send it via crypto anytime, anywhere, as long as there’s an internet connection and both parties know how to do it.

And the fact that the market operates 24/7 every day with no holidays is another major advantage.

Freedom is the key factor that drive majority of us into cryptocurrency, because with traditional money you are controlled by the banks, they decide when you can spend your money and how much you can spend by placing transactions limits on accounts.

Cryptocurrency eliminate that limit placement from banks amd grant us full financial freedom, that is you are able to send and receive any amount you want in cryptocurrency like bitcoin without limitations.

This is truly the financial freedom we need to be able to build unrestricted boundaries in the financial sector.

Freedom and censorship resistance are core elements of Bitcoin, and that is what sets it apart. However, is that really the key factor driving our shift to crypto?
To be honest, I doubt it. Because I still see many of us using centralized services and even storing our bitcoin on them. People are not hesitant to use CEX and comply with their KYC procedures. This shows the real reason for most people is not freedom or censorship resistance, as they claim.

[EarnOnVictor]

I conclude that crypto is a democratic/communist/Christian enterprise in the following reasons:
-Snip-

Crypto is a Christian enterprise? This one shocked me beyond this earth. Assuming you know what you are saying, I gave you the benefit of the doubt by reading all your points, but it seems you are silent about that core point.

Can you shed more light to it?

[Chilwell]

Is crypto created to help the poor ?
Yes, it is.

Crypto is not created for a certain class of people; it is not for poor or rich people. Not only crypto, but even bitcoin, isn't created to help poor or rich people. It is open for all of them. Those who can improve their economic condition by taking advantage of this opportunity can benefit from crypto; a poor man can benefit from investing, and a rich man can become richer if he invests. If the poor people don't invest here, then how will they become rich? No one can be a gainer without investment. It is not created for people with low incomes, and they can benefit from it without doing anything.

You had spoken the fact, it is for everybody both the rich and poor, just as you said a poor person can invest and become rich while the rich person can invest to get richer, but the problem that poor people are facing is that they are lacking a lot which is knowledge because having access to bitcoin usually difficult just because they don't know how to get there. You'll be surprised that I'm speaking this way but in my own locally i can say that only 2%  know about Bitcoin, my reason for all this is because immediately they hear the word bitcoin from your mouth they will start calling you names but I don't blame them because if they did not die definitely one day they will hear it something like that again.

[barbara44]

If you love crypto, that means you are a person who is at a disadvantage in fiat world, because that is how it all started. Doesn't mean that you must, sometimes you are, and sometimes you are not, btu that is the most common reason for it.

Some people do a fine job of it, some people are bad at it, but everyone who gets involved with crypto at first, did not started just to get rich, sure that is a big part of it for many, but why not use stocks, or forex, or anything else if you want to get rich? Because crypto is fair, it's equal to all, 10% up in crypto is 10% for all, and there is nothing that can change that. Fiat world is unfair to us, and rich are doing whatever they want, we use crypto because here we are all equals.