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Author Topic: One of the best inventions or innovations in the new millennium is Bitcoin  (Read 92 times)
Rebirth01 (OP)
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May 27, 2026, 01:20:06 PM
 #1

The invention of Bitcoin has strategically placed the world economy in another dimension. Those who have the knowledge about Bitcoin are actually using the already bastardized fiat to purchase Bitcoin. Instead of holding or hoarding the fiat people prefer holding or hoarding bitcoins for future use. It is also interesting to know that when ever bitcoins value drops, people talk about it a lot meaning bitcoins have eaten deep into the world economy at large. Some people actually save in bitcoins not fiat because the value of the Bitcoin appreciate more than the fiat.
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May 27, 2026, 01:34:20 PM
 #2

Bitcoin is the answer for the masses out crying to give them confidence and hope for a better future in financial economy, we don't have to depend on the government or financial institution before we could be able to have a breakthrough in what we do, decentralization is what people want and bitcoin has offered this to everyone that is willing to adopt, not only that but with stand the chance of earning from Bitcoin and also take control of our financial economy by ourselves.

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SquirrelJulietGarden
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May 27, 2026, 01:45:56 PM
 #3

The invention of Bitcoin has strategically placed the world economy in another dimension. Those who have the knowledge about Bitcoin are actually using the already bastardized fiat to purchase Bitcoin.
Bitcoin is an actual big innovation for people in our generation and in the future too. Some books and articles with a lot of insights about Bitcoin and its revolution. You're lucky to be born in this generation, and currently can join Bitcoin market for your long term investment and wealth development with Bitcoin and time, so let's take your proper and clever action.

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May 27, 2026, 01:52:20 PM
 #4

The innovative mind of bringing Bitcoin to reality has changed has the whole world see money not from the regular way of sending and receiving money through a centralized system where the bank that is given power by the government can refuse to process a transaction.
 
The decentralized nature of Bitcoin has changed everything including the power the government has been flexing for centuries against the People's will on how they want to spend their  money and when to spend it. I can easily send out Bitcoin to any address without the government coming to restrict my transaction or ban me from completing the transaction which is what is called Freedom.

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May 27, 2026, 02:10:26 PM
 #5

Some people actually save in bitcoins not fiat because the value of the Bitcoin appreciate more than the fiat.
Some people actually also save in bitcoin not fiat because the value of Fiat depreciation making their fiat have weak purchasing power. The value of fiat don’t usually appreciate, the system of fiat money is to maintain a fix value but economical decadence causes it to lose purchasing power.

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Karl_3000
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May 27, 2026, 02:11:57 PM
 #6

Some people actually save in bitcoins not fiat because the value of the Bitcoin appreciate more than the fiat.
Everything you said about bitcoin that its not value appreciate, that is very true. But what you said about fiat at the end is not true. Bitcoin price is appreciating than the value of fiat means that fiat is also appreciating in value but not up to bitcoin. That is not correct because the value of fiat do not appreciate but depreciate.

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May 27, 2026, 05:00:04 PM
 #7

The invention of Bitcoin has strategically placed the world economy in another dimension.
There is no doubt that the invention of BTCitcoin is the biggest innovation in economics. There are several other big inventions that have emerged in this millennium, including mobile infrastructure and high speed networks and many more.

Those who have the knowledge about Bitcoin are actually using the already bastardized fiat to purchase Bitcoin. Instead of holding or hoarding the fiat people prefer holding or hoarding bitcoins for future use.
El Salvador is the only country that recognize BTCitcoin as an official legal tender. If you are living in any other country, you must use fiat currency to carry out transactions locally, unless alternative payment options are accepted.

It is also interesting to know that when ever bitcoins value drops, people talk about it a lot meaning bitcoins have eaten deep into the world economy at large. Some people actually save in bitcoins not fiat because the value of the Bitcoin appreciate more than the fiat.
This is true for any investment, if there is a stock market bubble, we discuss it. Cryptocurrency is a highly volatile market, compared to traditional finances. Even in El Salvador, majority of the citizens decline to save or transact in BTCitcoin.

Despite all this, if you are smart, you can use BTCitcoin to hedge against your local fiat currency, if you are living in an unstable economy.

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Tmoonz
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May 27, 2026, 05:33:21 PM
 #8

Some people actually save in bitcoins not fiat because the value of the Bitcoin appreciate more than the fiat.
Some people actually also save in bitcoin not fiat because the value of Fiat depreciation making their fiat have weak purchasing power. The value of fiat don’t usually appreciate, the system of fiat money is to maintain a fix value but economical decadence causes it to lose purchasing power.

Bitcoin is not just a hype neither is it just a fashion, it has solve most of our problems just to talk about it's resistance to inflation, the constant increase in price of goods and services can tell the truth how much the fiat can depreciate in value, the most painful part of it is that in anticipation people wish that things will become better but to the shock of their life's it kept getting worst, what you bought let's say by this time last year has already double or trippled the price today this is because it can be manipulate unlike bitcoin, Bitcoin is one the best if not the best invention.

 
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May 27, 2026, 05:46:40 PM
 #9

Indeed, Bitcoin is an excellent asset, especially in a world where there are few dominant currencies, and the rest of the countries suffer from an unfavorable economy for achieving anything, whereas Bitcoin is a universal asset, and the best thing about it is its security and decentralization; your coins are your coins, they are not subject to governments or third parties if you don't want them to be.

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May 27, 2026, 10:06:12 PM
 #10

Realistically is there literally anything better than Bitcoin?

Everyone needs money to survive, everyone uses FIAT but every FIAT currency is being abused
by every government that its constantly being 'watered down'

Isnt it fantastic that there is something which side steps FIAT in some cases and in others offers
a haven against diluted FIAT. There is nothing else which offers the advantages Bitcoin does.

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May 27, 2026, 10:16:28 PM
 #11

It is also interesting to know that when ever bitcoins value drops, people talk about it a lot meaning bitcoins have eaten deep into the world economy at large. Some people actually save in bitcoins not fiat because the value of the Bitcoin appreciate more than the fiat.

I don’t really follow through on what you mean when you say people talk about Bitcoin a lot when it drops as it impacts the economy.

Of course there is always an induced wealth with Bitcoin as people buy it with their earned allowances from which ever source but, that’s as far as it goes. Bitcoin isn’t a coin that operates within the scope of the economy of nations. It’s more of a global currency that operates outside centralized systems and as such, it’s movement isn’t always reflected on the economy, cash flow still continues without it.

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Today at 03:17:21 AM
 #12

I don’t really follow through on what you mean when you say people talk about Bitcoin a lot when it drops as it impacts the economy.

Of course there is always an induced wealth with Bitcoin as people buy it with their earned allowances from which ever source but, that’s as far as it goes. Bitcoin isn’t a coin that operates within the scope of the economy of nations. It’s more of a global currency that operates outside centralized systems and as such, it’s movement isn’t always reflected on the economy, cash flow still continues without it.
The Bitcoin market is still very small compares to many traditional markets that have any assets and companies. Only in a comparison in market cap between Bitcoin and Gold, Bitcoin market cap is about 22 times smaller than Gold market cap.

https://companiesmarketcap.com/assets-by-market-cap/

So if we compare Bitcoin market cap with sum of many big corporations, companies and assets in all traditional markets, we can easily see that Bitcoin has still been impossible to make big impacts on global economy.

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Today at 04:50:44 AM
 #13

I don’t really follow through on what you mean when you say people talk about Bitcoin a lot when it drops as it impacts the economy.

Of course there is always an induced wealth with Bitcoin as people buy it with their earned allowances from which ever source but, that’s as far as it goes. Bitcoin isn’t a coin that operates within the scope of the economy of nations. It’s more of a global currency that operates outside centralized systems and as such, it’s movement isn’t always reflected on the economy, cash flow still continues without it.
The Bitcoin market is still very small compares to many traditional markets that have any assets and companies. Only in a comparison in market cap between Bitcoin and Gold, Bitcoin market cap is about 22 times smaller than Gold market cap.

https://companiesmarketcap.com/assets-by-market-cap/

So if we compare Bitcoin market cap with sum of many big corporations, companies and assets in all traditional markets, we can easily see that Bitcoin has still been impossible to make big impacts on global economy.
It's also younger than most assets which dominated the leaderboard. NVDA was first listed in 1999 and AAPL was first listed in 1980.
If bitcoin was launched much earlier the market cap would've been a lot bigger, but wait for another one or two decades bitcoin will grow exponentially.

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