Why I love crypto ?

[monetizator4]

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

I think that view sounds a bit too idealistic. Crypto can certainly create opportunities for ordinary people, especially in countries with weak banking systems, high inflation, or capital controls. In that sense, it can sometimes help the poor more than traditional finance does.

But at the same time, the crypto market is not some naturally fair or charitable system. In practice, a huge percentage of profits still goes to early adopters, insiders, exchanges, influencers, whales, and project founders. Many newcomers arrive late, buy during hype, and end up becoming exit liquidity for more experienced players.

Also, “free distribution” sounds good in theory, but most people never hear about projects early enough to benefit meaningfully from that stage. Usually by the time the public notices a coin, the easiest gains are already gone.

And secrecy cuts both ways too. Financial privacy can protect freedom, yes. But the same anonymity also attracts scams, market manipulation, hacks, money laundering, and rug pulls. The technology itself is neutral. It depends on who uses it and for what purpose.

So I wouldn’t call crypto democratic, communist, or Christian by nature. It’s more like a powerful financial tool. It can help poor people, but it can also exploit them very efficiently when greed, misinformation, and speculation take over.

[JaanusRaim]

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

I think that view sounds a bit too idealistic. Crypto can certainly create opportunities for ordinary people, especially in countries with weak banking systems, high inflation, or capital controls. In that sense, it can sometimes help the poor more than traditional finance does.

But at the same time, the crypto market is not some naturally fair or charitable system. In practice, a huge percentage of profits still goes to early adopters, insiders, exchanges, influencers, whales, and project founders. Many newcomers arrive late, buy during hype, and end up becoming exit liquidity for more experienced players.

Also, “free distribution” sounds good in theory, but most people never hear about projects early enough to benefit meaningfully from that stage. Usually by the time the public notices a coin, the easiest gains are already gone.

And secrecy cuts both ways too. Financial privacy can protect freedom, yes. But the same anonymity also attracts scams, market manipulation, hacks, money laundering, and rug pulls. The technology itself is neutral. It depends on who uses it and for what purpose.

So I wouldn’t call crypto democratic, communist, or Christian by nature. It’s more like a powerful financial tool. It can help poor people, but it can also exploit them very efficiently when greed, misinformation, and speculation take over.

Almost every tool (I know only one exception here) can be used against my interests if I do not want to use it in the proper way. Crypto is not the exception here.

What I want to say is that crypto is a good tool against poverty for those who really want to use it in the best possible way.

In Estonia there is a proverb : "Kes saab santi sundida, kui sant ei taha kõndida" (in English: "it is not possible to make a beggar rich if he does not want it")  

[alastantiger]

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.

There is no discrimination when it comes to investing in Bitcoin but then that does not mean every other cryptocurrency that is not Bitcoin is good to be invested into because if you follow this ideology then you might end up investing into a scam without you knowing.

Bitcoin has it's various benefits and so does other cryptocurrencies but some of this cryptocurrencies are only existing because of the success that Bitcoin had. If Bitcoin was not successful then we wouldn't have had this other cryptocurrency hence if you love Bitcoin that does not mean you should invest into every other cryptocurrency with an expectation of the success that Bitcoin had. Bitcoin can give you privacy, asset appreciation and total control but the same can't be said about the other cryptocurrencies because most of them are not really what they claim to be.

[goldkingcoiner]

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

You must specifically mention which cryptocurrencies meet criteria 1 through 5. Some cryptocurrencies fail to prove their worth over the long term, in terms of decentralization, value, liquidity, etc. Numerous protocol changes, internal decisions, and regulations along the way significantly impact their business models.

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

Make them rich? Not entirely. But poor people still believe that. They simply gain access to limitless income opportunities.

I think that may be more of a perspective thing. What is rich to a person who makes pennies each day? A few ten thousand dollars would improve their life to the point where they can call themselves rich, relative to all the poor around them. And it enables them to help the poor by picking up their local economy.

For me personally, a rich man is not someone who has a lot of money but rather someone who can live their life without having to worry about how they will afford food the next day or how long their money will last them until things become desperate again.

A person with a lot of money is just a collector at some point.

[rat03gopoh]

^^
Yes, and that's why I have to make the statement a little more widely accepted. They have an opportunity with crypto, but what truly changes their lives is their own skills and financial management strategies. Given the numerous stories of crypto's failure to meet the expectations of the poor, we should consider crypto merely a means of global payment, not a means of automatically increasing wealth simply by owning it.

[fuguebtc]

we should consider crypto merely a means of global payment, not a means of automatically increasing wealth simply by owning it.

Are you using crypto as a means of payment, or like many others, are you investing and holding it in the hope of earning profit?

In my opinion, there is nothing wrong with investing in crypto and expecting to profit from it. Because that's what is happening in the market, but we need to be realistic that they are just financial markets like any other. They bring both opportunities and risks, and there are no guarantees. Opportunities are available to everyone equally, but whether one can seize them and turn them into profit depend on individual skills and strategy.


It all depend on our ability, crypto does not automatically make someone rich just by investing and holding it.

[slaman29]

Almost every tool (I know only one exception here) can be used against my interests if I do not want to use it in the proper way. Crypto is not the exception here.

What I want to say is that crypto is a good tool against poverty for those who really want to use it in the best possible way.

Tools facilitate the work, the outcome of the work depends on the intent and application, so I'm with you here

Fiat was a tool also, but those who eventually came to control it used it for their intents and applied it for themselves rather than those it was supposed to help.

[Bushdark]

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.

We are no more in the era of airdrop where you can get airdrop when you participate crypto projects tasks before the are launched which enable you to get compensation for your time and effort to promote the crypto project.
Most airdrops are not paying participants like the way it used to be then, and engaging in most of these airdrops can be a waste of time that can be put in something that will be quite rewarding than engaging your time in airdrops that won't pay.

[Fivestar4everMVP]

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

I definitely know quite a number of person's who were poor In the past who are today rich and wealthy individuals all because of crypto, so indeed, crypto is sure created to help the poor, but there a way to explain this to avoid some persons misunderstanding it.

Satoshi may not have had rich people or poor people in mind when creating bitcoin that later gave birth to crypto currencies today, so what this means is that crypto was not specially created to help the poor, and neither the rich either, crypto was simply created to serve the masses as many that would accept and embrace it, and fortunately, making crypto open to the masses all over the world benefited the poor people the most because poor people don't easily come across investments opportunities where meeting the criterias is simple including gold back in the days.
But bitcoin and crypto came, making it free and easy for any body in whatever financial level of class to access and today, alot of poor people's life have been changed, why should anybody hate an invention like this if such a person is not a witch.?

[Iranus]

I definitely know quite a number of person's who were poor In the past who are today rich and wealthy individuals all because of crypto, so indeed, crypto is sure created to help the poor, but there a way to explain this to avoid some persons misunderstanding it.

True, many poor people have changed their live through crypto. However, many people have done the same with the stock market, real estate...In my opinion, the issue is not the market itself, but a person's knowledge and ability to seize opportunities.

Satoshi may not have had rich people or poor people in mind when creating bitcoin that later gave birth to crypto currencies today, so what this means is that crypto was not specially created to help the poor, and neither the rich either, crypto was simply created to serve the masses as many that would accept and embrace it, and fortunately, making crypto open to the masses all over the world benefited the poor people the most because poor people don't easily come across investments opportunities where meeting the criterias is simple including gold back in the days.
But bitcoin and crypto came, making it free and easy for any body in whatever financial level of class to access and today, alot of poor people's life have been changed, why should anybody hate an invention like this if such a person is not a witch.?

Satoshi's purpose in creating Bitcoin was to make it a p2p currency. The users he had in mind were people who had grown tired of traditional financial system. It could be said that Bitcoin was created for everyone.

Is it true that crypto has brought the greatest benefit to the poor? No offense, but I think the poor are largely people who lack awareness and knowledge. Do you think people who lack knowledge are going to make a fortune in a market this brutal?

Like any other market, crypto offer the greatest benefit to those who are most knowledgeable.

[Leahized]

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.

Yes that's right Bitcoin is open to all classes of people and everyone can use it. But in my country it is totally prohibited, so public use is prosecuted for money laundering by law. Apart from this, there are many precautions to be taken while using Bitcoins and gaining knowledge about Bitcoins. Many a times losses are faced after investing in Bitcoin due to lack of knowledge. In my case the reason to use Bitcoin is security of money and to be more financially independent in the future.

[Arenga pinnata]

^^
Yes, and that's why I have to make the statement a little more widely accepted. They have an opportunity with crypto, but what truly changes their lives is their own skills and financial management strategies. Given the numerous stories of crypto's failure to meet the expectations of the poor, we should consider crypto merely a means of global payment, not a means of automatically increasing wealth simply by owning it.

The crypto market has actually opened the eyes of the lower-middle class, who initially knew nothing about investing in and trading digital assets, helping them become more knowledgeable. For some, this has become an opportunity they’ve successfully capitalized on. On the other hand, there are also those who have suffered losses due to greed while trading in the crypto market.
So, crypto is just a tool. It’s up to each person how they use it. If they’re smart about it, there are indeed many stories of people from lower socioeconomic backgrounds becoming wealthy through crypto. But for those who aren’t smart about it, they can actually suffer massive losses in the market.
Cryptocurrency is also far more stable as a payment method when using stablecoins. And for now, it seems many are indeed using it for this purpose. Because making deposits to various sites is now easier with cryptocurrency.

[Jaweria parveen]

Yes that's right Bitcoin is open to all classes of people and everyone can use it. But in my country it is totally prohibited, so public use is prosecuted for money laundering by law. Apart from this, there are many precautions to be taken while using Bitcoins and gaining knowledge about Bitcoins. Many a times losses are faced after investing in Bitcoin due to lack of knowledge. In my case the reason to use Bitcoin is security of money and to be more financially independent in the future.

It provides convenience to everyone so that everyone can use it and invest in it but some countries do not accept it under their rules due to which many countries are away from its list but those country who do not accept it invest in it from within like the people of my country do. So some countries may not accept it but people love it and like it from within and invest in it. It is the law of the country that they use it it is up to us to apply its law while living in our country so that we do not face such accusations. It also requires some knowledge but at the same time patience and investment should be there so that if something happens we stay connected with Bitcoin.

[gabbie2010]

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.

We are no more in the era of airdrop where you can get airdrop when you participate crypto projects tasks before the are launched which enable you to get compensation for your time and effort to promote the crypto project.
Most airdrops are not paying participants like the way it used to be then, and engaging in most of these airdrops can be a waste of time that can be put in something that will be quite rewarding than engaging your time in airdrops that won't pay.

That is it the  airdrops era is gone I remembered 2018 2017 those years was when airdrops was very rewarding after performing some minor task, howeve beside these airdrops there are many rewarding task paid via Cryptos without any third party involved gone are days when people( freelancers) who are suppose to be  paid for their work their money is being sent using Western Union Money Transfer, Skrill etc those payment gateways has a lot of verifications  process before the receiver of the fund would access their money, but with establishment of Cryptos all these payment gateways became obsolete and useless because payment is sent directly to the recipient.

[Nalain420]

The OP shared his point of view which is very far from reality . Capital for starting crypto can never be free. scams and dust nothing more than that this is the reality of these airdrops i tried these airdrops for 2 years nothing in return.  You need your own capital  to start trading. Crypto  doesn't care about your financial status. Bitcoin is not build on charity project. it was build to give people permisson-less control  over their own money. Yup , its true low income people can also enter in this market but the reality is that it is  controlled by big whales they manipulate this market . Crypto is just a neutral , decentralized tool. it is not any magical thing to help us get out of our financial class and move upit requires real capital , risk management and discipline.

[JaanusRaim]

I definitely know quite a number of person's who were poor In the past who are today rich and wealthy individuals all because of crypto, so indeed, crypto is sure created to help the poor, but there a way to explain this to avoid some persons misunderstanding it.

True, many poor people have changed their live through crypto. However, many people have done the same with the stock market, real estate...In my opinion, the issue is not the market itself, but a person's knowledge and ability to seize opportunities.

Satoshi may not have had rich people or poor people in mind when creating bitcoin that later gave birth to crypto currencies today, so what this means is that crypto was not specially created to help the poor, and neither the rich either, crypto was simply created to serve the masses as many that would accept and embrace it, and fortunately, making crypto open to the masses all over the world benefited the poor people the most because poor people don't easily come across investments opportunities where meeting the criterias is simple including gold back in the days.
But bitcoin and crypto came, making it free and easy for any body in whatever financial level of class to access and today, alot of poor people's life have been changed, why should anybody hate an invention like this if such a person is not a witch.?

Satoshi's purpose in creating Bitcoin was to make it a p2p currency. The users he had in mind were people who had grown tired of traditional financial system. It could be said that Bitcoin was created for everyone.

Is it true that crypto has brought the greatest benefit to the poor? No offense, but I think the poor are largely people who lack awareness and knowledge. Do you think people who lack knowledge are going to make a fortune in a market this brutal?

Like any other market, crypto offer the greatest benefit to those who are most knowledgeable.

I have found that different people have different kind of knowledge and there are no absolute hierarchy of knowledge (the same is valid for different species - humans are not more clever than other animals, they are clever in a specific way and stupid in a specific way)
Rich tend to be more clever in a specific way and poor tend to be more clever in a specific way, men tend to be more clever in a specific way and women tend to be more clever in a specific way and so on (of cause there are great differences inside the every class).

Crypto assets just suit more for people from lower classes due to the abovementioned five reasons (free starting capital, clear public reputation-determined fundamental value, volatility, secrecy, liquidity) that real estate, stocks, gold... do not share. Because previously all assets were designed for the rich the difference is especially astonishing. For example in stocks the insiders have so big advantage due to hidden fundamental value that investing in stocks as an outsider is equal with gambling - there is really only possible to invest in a stock market as a whole.

[Somto9Light]

The OP shared his point of view which is very far from reality . Capital for starting crypto can never be free. scams and dust nothing more than that this is the reality of these airdrops i tried these airdrops for 2 years nothing in return.  You need your own capital  to start trading. Crypto  doesn't care about your financial status. Bitcoin is not build on charity project. it was build to give people permisson-less control  over their own money. Yup , its true low income people can also enter in this market but the reality is that it is  controlled by big whales they manipulate this market . Crypto is just a neutral , decentralized tool. it is not any magical thing to help us get out of our financial class and move upit requires real capital , risk management and discipline.

What you said makes sense, but most people have been blinded with the idea that crypto will give them what they want in life, especially the freedom aspects, people are so glad that most crypto are not controlled by any government of any one and this have make them to get to understand what they want, that is why most people don't care about airdrops, as they are more interested to invest in crypto especially in Bitcoin. Investing in Bitcoin gives them the power to stay in controlled of their while they keep holding for the future, even though they are certain of what the future holds but they hope and believe its going to be for good.

[Plutomanian]

What you said makes sense, but most people have been blinded with the idea that crypto will give them what they want in life, especially the freedom aspects, people are so glad that most crypto are not controlled by any government of any one and this have make them to get to understand what they want, that is why most people don't care about airdrops, as they are more interested to invest in crypto especially in Bitcoin. Investing in Bitcoin gives them the power to stay in controlled of their while they keep holding for the future, even though they are certain of what the future holds but they hope and believe its going to be for good.

I no longer care about airdrops because I'm now fully in the market, although I didn't forget my days of little beginnings because that's how I layed my foundation which have become a rock today in cryptocurrency. I'm never going to stand low and concord to mediocrity, rather I will be here to learn and adapt to the new phasing method and level of the market which comes directly to us. There are so many reasons why we ought to love crypto because it's very simple and swift to understand the basis and before you know it, you've explore more than you could possibly imagine.

The crypto market is a good one to invest, specifically on Bitcoin which happen to be one of the top project in crypto, I'm not relenting on this update because I'm here to ensure I milked more Ps because nobody likes Ls but when it do comes, we should learn to accept it just as the Profits comes also. Quite understandable to become a lover of crypto.

[justdimin]

The OP shared his point of view which is very far from reality . Capital for starting crypto can never be free. scams and dust nothing more than that this is the reality of these airdrops i tried these airdrops for 2 years nothing in return.  You need your own capital  to start trading. Crypto  doesn't care about your financial status. Bitcoin is not build on charity project. it was build to give people permisson-less control  over their own money. Yup , its true low income people can also enter in this market but the reality is that it is  controlled by big whales they manipulate this market . Crypto is just a neutral , decentralized tool. it is not any magical thing to help us get out of our financial class and move upit requires real capital , risk management and discipline.

People put "time and effort" as free, that's why they think you can start free. Imagine a person making roughly just 50 dollars per week, for the past eight years in the crypto world, by writing just here. I can't even calculate because that is very tough to calculate due to prices changing and then think of that person not spending a dime of it.

Every time they got it, they put it aside as bitcoin, and bitcoin price of course went up, much more than eight years ago when they started, so it is not just the amount they got paid, it is also bitcoin price going up. They spent zero money, but only effort and time.

[Smack That Ace]

The OP shared his point of view which is very far from reality . Capital for starting crypto can never be free. scams and dust nothing more than that this is the reality of these airdrops i tried these airdrops for 2 years nothing in return.  You need your own capital  to start trading. Crypto  doesn't care about your financial status. Bitcoin is not build on charity project. it was build to give people permisson-less control  over their own money. Yup , its true low income people can also enter in this market but the reality is that it is  controlled by big whales they manipulate this market . Crypto is just a neutral , decentralized tool. it is not any magical thing to help us get out of our financial class and move upit requires real capital , risk management and discipline.

Free money in the crypto market is real. Bitcoin was once distributed for free through faucet, or users just had to fill out a captcha to receive a few bitcoin in the early day.
Airdrop and bounty were also ways many people accumulated assets without spending much. However, that era is long gone. To participate in the market today, we need money first.

Crypto is also a financial instrument and has some differences compared to traditional instruments. But yes, it is not a solution to every problem, nor does it automatically make anyone wealthy.
Crypto creates a playing field, offers opportunities, and rewards those who know how to seize and take advantage of them.