Remind yourself

[Iamgoat]

It's important to remind ourselves that Bitcoin is the only hope of saving the world from this banking creature that has spread its tentacles into every area of our lives.

If not for bitcoin network, all of us would have still maintained using a centralized financial system coordinated by the government and their financial institutions, but bitcoin has been a game changer ever since it was introduced in 2009 and up to this time, it relevance remain evergreen, all we needed is to join in the adoption for a positive change over a financial circumstances and we will experience a more advanced and better financial economy with bitcoin network than Fiat.

Bitcoin really came at a right time and this bitcoin idea in opinion was something which was created at the very right time because it came at a moment when the world felt like a trap under the perpetual interference of the government on our hard earned money. Today, we have the decentralized system which is completely pursued by the people instead of the government, the people now feel the ownership, have some responsibility to control their own finances fully, though the only issue in this situation is only the centralized system has more stability in its nature than the decentralized system which comes with a lot volatility and price volatility despite those risks or uncertainties it still supersedes the centralized system

[Hamza2424]

I am not denying anything, bro. I just want to know that with BTC, we can save ourselves, but not even 10% of the world's population is using it, so what about the rest? I can assume the answer is that we are not responsible for them, and they were not stopped by anyone from choosing the path we chose to save themselves. It was open to everyone, but they chose gold over BTC, etc.

But I have a generic question. Is BTC really going to solve this problem for everyone or only for those who hold it? I am not going there with the question of whether it solves the problem or not. It's about everyone, including those who hold it. So I think having an alternative, a tool to fight them, is no doubt the biggest breakthrough for us, or it can be. But how and when, if ever, will these countries work on their inflation? Would they ever do something to bring it down?

Hmm, to be honest, I don't think so.

[M.haris]

Bitcoin solves the world's biggest problem: inflation caused by the creation of new money out of thin air. The culprits are the banking cartel and Congress, a partnership that suits them both.

The higher prices we pay at the supermarket are one consequence, but only one of many. Look closely and you'll see that whoever controls a money printer can do more than claim a large share of the supply (driving prices up). They can also decide what exists on the shelves and what is considered healthy.

After several hundred billion dollars, a person stops having material needs. Once you've bought everything material that can be bought, the only thing left to buy is power, and power is bought through influence.

So the multi-billionaire (or trillionaire, why not?) sets out to influence sectors like healthcare, journalism, politics and the economy, pushing agendas that secure his own power and the long-term survival of his dynasty.

In today's world, anyone who gains significant influence seems, sooner or later, to receive "an offer they can't refuse" from a briefcase man: a "partnership" in which you say and do X, Y and Z, and in return the group invests its cold, hard cash in you.

It's important to remind ourselves that Bitcoin is the only hope of saving the world from this banking creature that has spread its tentacles into every area of our lives.

Because Bitcoin is actionable knowledge. Everyone holding Bitcoin since the last few years has protected themselves from the inflation of the most important goods for their lives, such as meat, eggs, coffee, rent.

Do not let this paralyze you.

But do not forget.

i think bitcoin can help the people to preserve money value against inflation but we cant ignore its risks. its supply limited are very  helpfull,but its price going up and down so much thats a big problem.i think people understand both sides not blindly trusting any financial system.

[icebar]

A lot of government are still yet to accept bitcoin fully which is valuable to the people because of the financial freedom it offers the people. I know a lot of people will kick against it because they benefit from using the fiat only but I know with time it'll be different.

We know that when money losses it's value, the people who depend on salaries and those who have savings become victims of circumstances and this is because of how much purchasing power it takes away from them.
To this effect I'll say bitcoin probably doesn't solve everything but at least it gives financial freedom to the common man.

The importance of Bitcoin is not limited to making a profit when its price increases, but it also gives people more control over their savings. Even if the price of goods increases due to inflation, if income does not increase, the same amount of money cannot buy daily necessities. So in this situation, Bitcoin can be an option for long-term savings.

Financial freedom means having the right to decide for yourself where to keep your money and how to spend it, so that you do not have to be completely dependent on others. However, in addition to saving in Bitcoin, it is also very important to keep your Bitcoin safe and ensure that its secret key does not fall into the hands of others. Also, you should save according to your ability without keeping your daily expenses and emergency fund at risk.

[Lembo69]

Well, you are right and have made a very good point. I didn't say Bitcoin is not beneficial. It is way better than fiat in everyway and gives people the freedom they want over their funds. But one thing is sure, no matter how beneficial Bitcoin is, it won't be adopted by everyone and I don't think the governments will accept the idea of Bitcoin being accepted as legal tender, unless things change in the future, as change is constant. So for now, fiat is still serving its purpose in most people's lives, including in their businesses.

Yes, it is true that not everyone will accept Bitcoin because not everyone may have the right idea about Bitcoin. But it will be more effective than fiat currency and it will not have to be managed in a banking system. Here, if it happens that everyone uses Bitcoin instead of fiat currency, then the government can be a special obstacle for this. Because the government never wants people to use their conventional money in a way that they will not know about. So the government can make a lot of rules and regulations in this regard. And can it tax Bitcoin if people really start using Bitcoin like fiat currency

[Achalugo BTC]

Yes, it is true that not everyone will accept Bitcoin because not everyone may have the right idea about Bitcoin. But it will be more effective than fiat currency and it will not have to be managed in a banking system. Here, if it happens that everyone uses Bitcoin instead of fiat currency, then the government can be a special obstacle for this. Because the government never wants people to use their conventional money in a way that they will not know about. So the government can make a lot of rules and regulations in this regard. And can it tax Bitcoin if people really start using Bitcoin like fiat currency

You are right, the effectiveness of Bitcoin alone won't make people to accept it, rather, understanding Bitcoin will help. And it's true that if people starts using Bitcoin the way they use fiat, governments will surely introduce new rules to ensure they still have a role in it, since they can't really control Bitcoin itself. However, people can still adopt Bitcoin as an investment if they understand how it operates, despite the rules the governments may introduce. This understanding will help appreciate their decision because they know the benefits and the risks involved.

[Smartvirus]

But I have a generic question. Is BTC really going to solve this problem for everyone or only for those who hold it? I am not going there with the question of whether it solves the problem or not. It's about everyone, including those who hold it. So I think having an alternative, a tool to fight them, is no doubt the biggest breakthrough for us, or it can be. But how and when, if ever, will these countries work on their inflation? Would they ever do something to bring it down?

Hmm, to be honest, I don't think so.

There can never be one means to solving an issue that is affecting humans on a global scale, even within a nucleated community. I have never seen Bitcoin to be of such capacity and probably never will. If the rest of the world were to shift to Bitcoin, a currency that is limited and its value is determined by demand, we would still have the issue of valuation on how this would apply to buying and selling as, merchants wouldn’t know how to properly value their goods or service.
If the price was to be standardized, then we would have the problem of getting it into the hands of the poeple as, population is always on the rise.

Hence, there would always be the need to have alternatives be it currency or paths to solving other problems ravishing the world. We can’t really live in a world without issues, we can’t have it all figured out and so can’t Bitcoin.

[Outhue]

I will never forget but I can't say the same about others, because some people are excited that you can give the banks your Bitcoin and take loans then get your Bitcoin back when you pay your loan, is this a good thing for someone who cares about privacy and also despise the banks so much? I don't think so, banks are nobody's friend, Bitcoin shouldn't even reach near the banks.

[Antotena]

Yes, it is true that not everyone will accept Bitcoin because not everyone may have the right idea about Bitcoin. But it will be more effective than fiat currency and it will not have to be managed in a banking system. Here, if it happens that everyone uses Bitcoin instead of fiat currency, then the government can be a special obstacle for this. Because the government never wants people to use their conventional money in a way that they will not know about. So the government can make a lot of rules and regulations in this regard. And can it tax Bitcoin if people really start using Bitcoin like fiat currency

Some do actually, they are not just fantasies by it. There were billionaires that had a clean shot to take as much as many Bitcoin when it was trading below $5k and they didn't do it. Warren Buffet is a billionaire, he doesn't like Bitcoin from beginning and till now, his opinion has never for one day change. There are more Bitcoin haters like that but it doesn't change the fact that Bitcoin is a going to be love by who want it, we also don't like fiat they control, nothing emotional about it.

One of the reasons why they don't like Bitcoin is they control the stock market, if they accept Bitcoin there wealth is going to die, they know it and because they can't control Bitcoin like they do with stock and banking system is why they don't like Bitcoin. The hope of everyone is Bitcoin, it's the only thing you can start from anywhere and still be relevant.

[Catenaccio]

Some do actually, they are not just fantasies by it. There were billionaires that had a clean shot to take as much as many Bitcoin when it was trading below $5k and they didn't do it. Warren Buffet is a billionaire, he doesn't like Bitcoin from beginning and till now, his opinion has never for one day change. There are more Bitcoin haters like that but it doesn't change the fact that Bitcoin is a going to be love by who want it, we also don't like fiat they control, nothing emotional about it.

The rich, especially self-made billionaires are smart so they know how to make money and become richer. The world is huge, and there are many different markets with abundant assets for smart people to choose for their investment portfolios and get richer. Bitcoin is a very good investment asset but not the only one, so if the other people ignored Bitcoin, it does not mean they did something too bad.

One of the reasons why they don't like Bitcoin is they control the stock market, if they accept Bitcoin there wealth is going to die, they know it and because they can't control Bitcoin like they do with stock and banking system is why they don't like Bitcoin. The hope of everyone is Bitcoin, it's the only thing you can start from anywhere and still be relevant.

It's not about control the market because in Bitcoin market, there is market manipulation too. It's only a big barrier for people who are old enough like Warren Buffet to accept something very new, that likely exceeds his adaptability. He is smart, and experienced so it makes sense why he decided to avoid spending money into something he did not understand well.

[Junii]

Because Bitcoin is actionable knowledge. Everyone holding Bitcoin since the last few years has protected themselves from the inflation of the most important goods for their lives, such as meat, eggs, coffee, rent.

Do not let this paralyze you.

But do not forget.

Yes you are right. Bitcoin has many benefits like first of all it is a digital asset and assets fights against inflation secondly the supply is limited and banking sectors does not have to print it like how much they want and also not a single entity has control over it. It is a freedom also i often heard from some people that bitcoin is volatile but if we see it's performance historically it gives good returns in long term plus bitcoin has some features as well as compared to fiat which i mentioned in the starting of my reply.

[chenille]

Bitcoin solves the world's biggest problem: inflation caused by the creation of new money out of thin air.

You've made a good point here, OP. Bitcoin has no inflation because it is limited to 21 million coins. We can't have more of it because it is written in Bitcoins code. 21 millions coins can be ever in existance and even more coins are lost, making Bitcoin even scarcer.
So many coins are lost already; I don't know how much but probably it's already 1 million coins which are lost, making Bitcoin even scarcer.

[Ahli38]

It's important to remind ourselves that Bitcoin is the only hope of saving the world from this banking creature that has spread its tentacles into every area of our lives.

If not for bitcoin network, all of us would have still maintained using a centralized financial system coordinated by the government and their financial institutions, but bitcoin has been a game changer ever since it was introduced in 2009 and up to this time, it relevance remain evergreen, all we needed is to join in the adoption for a positive change over a financial circumstances and we will experience a more advanced and better financial economy with bitcoin network than Fiat.

Bitcoin really came at a right time and this bitcoin idea in opinion was something which was created at the very right time because it came at a moment when the world felt like a trap under the perpetual interference of the government on our hard earned money. Today, we have the decentralized system which is completely pursued by the people instead of the government, the people now feel the ownership, have some responsibility to control their own finances fully, though the only issue in this situation is only the centralized system has more stability in its nature than the decentralized system which comes with a lot volatility and price volatility despite those risks or uncertainties it still supersedes the centralized system

If Bitcoin didn’t exist today then I’m certain that the ultra-wealthy who come from the ruling classes of their countries or even the world would continue to dominate the world by exploiting all available resources to generate wealth for themselves. And they would also continue to exploit the people through the power they wield by squeezing the finances of the powerless through their unjust system a system riddled with corruption in tax collection. But Bitcoin is now the only hope for saving the world from these problems. Bitcoin has a truly fair system that grants freedom to everyone who owns it free from any suffocating restrictions. And in fact Bitcoin has the potential to continue rising in value over the long term, where it will protect your wealth from inflation. Choosing Bitcoin as a store of value is the right choice rather than choosing paper money which will actually continue to lose its value. And I can assure you that you won’t find a currency much better than Bitcoin.

[hafiztalha]

Some do actually, they are not just fantasies by it. There were billionaires that had a clean shot to take as much as many Bitcoin when it was trading below $5k and they didn't do it. Warren Buffet is a billionaire, he doesn't like Bitcoin from beginning and till now, his opinion has never for one day change. There are more Bitcoin haters like that but it doesn't change the fact that Bitcoin is a going to be love by who want it, we also don't like fiat they control, nothing emotional about it.

One of the reasons why they don't like Bitcoin is they control the stock market, if they accept Bitcoin there wealth is going to die, they know it and because they can't control Bitcoin like they do with stock and banking system is why they don't like Bitcoin. The hope of everyone is Bitcoin, it's the only thing you can start from anywhere and still be relevant.

From the start of Bitcoin, things have never been favorable because mostly high-profile people never want to be linked or have anything positive about its existence, but after a few years now, all are having a change of mindset, which is big success, but many are still feeling pain because they fail to take good advantage of its early hype.

Mostly people thought that they had a monopoly; they never liked bitcoin because it's always decentralized and it's never been going under the control of any person or institute, so they always scare about its nature and volatility, but bitcoin keeps its journey, which brings this level where people are now having enough confidence, and its adoption touches new levels, which are big successes, but again, again, there's a thing that's always a problem for big players: they want to control everything due to their influence.

[Call_Me_Guru]

Your post is not far from the truth, centralised system have done more harm than good. The traditional system we know was created unfairly, controlling and recklessly. The government, banking system and wealthy people are the ones the system is favoring. They create money from thin air to abuse the economy, causing inflation to increase. Their solutions to the self-inflicted pains have never been enough, never will it be.

Bitcoin on the other hand is a savior, it keeps hedging against inflation, stop centralised control and keeps the hope of a better economy to the community of adopters alive.

[snowpega]

I do agree with some of the facts of the OP. I believe that those who have sufficient knowledge and are well-literated really understand the traditional system and how it works. I am personally really fed up with the traditional finance-banking system. If you look more closely at this, banks are charging you many fees to put your money in their custody. At some point, you feel you are safe, but you are really not. The reality is different and bitter.

Banks are using our money, which is technically in their custody, to grow their empire and become richer day by day. What are we getting in return? nothing! Our money in banks is getting devalued over time due to the increasing rate of inflation, and many still consider that they are saving their money for their future use, but they don't understand the fact that their money is losing its value, and after ages, when they plan to use it, their money has already lost most of its value in the international market. So saving money for the long term in fiat is not recommended; rather, one should save in valuable assets. DYOR! CMIIW!

[Zigabel]

It's important to remind ourselves that Bitcoin is the only hope of saving the world from this banking creature that has spread its tentacles into every area of our lives.

Because Bitcoin is actionable knowledge. Everyone holding Bitcoin since the last few years has protected themselves from the inflation of the most important goods for their lives, such as meat, eggs, coffee, rent.

Do not let this paralyze you.

But do not forget.

When you have Bitcoin Holdings, Inflation is something you may not really have to bother about because it may have little to no effect you, the traditional banks doesn't really care about protecting you from inflation and that is because they do profit from it, so rather they are going to just keep custody of your money and influence the value in no way. Bitcoin is and has always remained a store of value, and will always preserve that value for and in your asset, you will only need that patience you do apply with your funds in the traditional bank and then you will have your funds protected against inflation at all times.

It is better to save your funds in Bitcoin than to keep them in the traditional Banks, we know that volatility will set in having your Money in Bitcoin but if you are to Hold for the long term, then it will rather be in your advantage, just apply the patience with the much discipline.

[Big Dirams]

Bitcoin solves the world's biggest problem: inflation caused by the creation of new money out of thin air.

You've made a good point here, OP. Bitcoin has no inflation because it is limited to 21 million coins. We can't have more of it because it is written in Bitcoins code. 21 millions coins can be ever in existance and even more coins are lost, making Bitcoin even scarcer.
So many coins are lost already; I don't know how much but probably it's already 1 million coins which are lost, making Bitcoin even scarcer.

Yeah you are correct, only 21 million bitcoin will ever existed and be created and right now almost 20 million plus have been mined already. And no matter how scars bitcoin gets to be or how many bitcoin get to be lost in the world then there won’t be anymore made apart from this 21 million bitcoin and practically right now after some analysis was carried out it said that almost 2.3 million to 4 million bitcoin have already been lost permanently already, so we just have less than 21 million now in circulation and in people’s custody.

[Anayochukwu]

Even though Bitcoin doesn't solve the inflation problem but it gives every Bitcoiner a way out to survive and be comfortable and that's the difference between Bitcoin and the banks, Bank doesn't really care about anyone and they don't provide a little comfort but instead they add to the discomfort that inflation is causing already. They hold our money and still use it against us indirectly and making themselves grow bigger and stronger, Bitcoin may be volatile but with your patience it guarantees you a safe funds , our money stored in Bitcoin has value and won't be affected by inflation but it has zero value in the bank.

[CryptopreneurBrainboss]

Bitcoin on the other hand is a savior, it keeps hedging against inflation, stop centralised control and keeps the hope of a better economy to the community of adopters alive.

Bitcoin can't just changer the economy of a country or state but it can change your personal economy because that has to do with an individual and not when it has to do with a country,'s economy because Bitcoin can also be misused or mismanaged by the politicians. What affects the economy is bigger than just the currency that they're using as a bad economy deals with other things being wrong with the country'# system before it then affects their local currency. Bitcoin is different but it won't make much difference in the wrong hands or it being used in a centralized way by the government that it has no influence as problems affecting the economy still does since it wasn't handled from its main cause. Just changing currnevy and thinking that they can get a better economy that way doesn't work. Bitcoin is just another currency not a saviour of econmies, lets never forget that.