Financial Freedom and Bitcoin

[laijsica]

In a capitalist society where the rich are getting richer and the poor are poorer, the introduction of crypto-finance can create a sustainable economic environment in the face of inflation. The expansion of trade in decentralized financial systems and especially the rising value of Bitcoin can be an important hedge for marginalized people. Also, by introducing transactions at various institutional levels, excess pressure on the fiat can be reduced, which can help curb inflation. Above all, economic freedom at the individual level and expansion of the institutional transaction system can bring a positive financial outlook for the entire country

What is your opinion?

[EluguHcman]

Of course the introduction of Bitcoin to a crawling society where the necessity of the people existing is only recognized by their riches while the Poors are trashed is a good innovation where everyone can always increase their portfolios with their holding on Bitcoin.

It may literally not matter if the poor can not meet up with the rich but it is assured that there would always be an increase of values within the people.
There then the poor who struggles to earn living will find it easier to coup on a gradual process until every of the dedicated Bitcoin holders increases on their net worths where everyone will be regarded valuable with the intensive provisions by which the valuability of Bitcoin has provided for them.

Although the richer might still grow richer but the poor won't keep going poorer. The differences is the progressive change where everyone has obtained sustainable to be self reliable with the decentralizations of Bitcoin.

[bitterguy28]

i think bitcoin/crypto also allows for the marginalized to still have access on the same things as other more privileged ones have access to many are unbanked but with bitcoin and crypto they now have a much safer place to store their money in

[laijsica]

i think bitcoin/crypto also allows for the marginalized to still have access on the same things as other more privileged ones have access to many are unbanked but with bitcoin and crypto they now have a much safer place to store their money in

Bitcoin price over time can be greater than other investments and the potential for profit is high. For marginal people can continue to accumulate bitcoins from their daily needs as well as disposable income. Analyzing the past price history, Bitcoin has a higher tendency to return than other cryptos, so I think it is better to hold for the long term.

[Dr.Bitcoin_Strange]

Bitcoin has really helped a lot of people to become rich, they are a lot of people who started accumulating Bitcoin since 10 years ago and has become rich through it today. Bitcoin has made it easy for people far and wide to do investment and transaction is now very easy also.
Some people see Bitcoin investment as an investment only for the rich maybe because of the price now, but no even a poor man can start accumulating Bitcoin little by little even with $1, I no of some people who has been accumulating Bitcoin little by little using the DCA strategy and today they have accumulated enough Bitcoin.

Bitcoin has created a good opportunity for people to become rich in the future, I love Bitcoin investment because is open to everyone and is easy to get into it, other investment such as gold investment, real estate investment ETC, requires a lot of money before one can start but in Bitcoin you can start with the little you have.
In Bitcoin investment there's this peace of mind no fear of losing your money like it is in other investment, all you need to do is hold for a long term when it drop in price is just an opportunity to accumulate more because it's certain that it will rise again.
The creation of Bitcoin has helped to prove the economy of the world.

[MUGNIA]

i think bitcoin/crypto also allows for the marginalized to still have access on the same things as other more privileged ones have access to many are unbanked but with bitcoin and crypto they now have a much safer place to store their money in

Bitcoin price over time can be greater than other investments and the potential for profit is high. For marginal people can continue to accumulate bitcoins from their daily needs as well as disposable income. Analyzing the past price history, Bitcoin has a higher tendency to return than other cryptos, so I think it is better to hold for the long term.

True, the minimum investment is within a period of 4 years when BTC reaches its peak, at least we take profits when it is at its peak and buy again when it falls.

[Metha Wulandarin]

Now there are still many people who save or save using banknotes that are stored in their homes to avoid administrative fees and credit card maintenance fees because if stored in the bank there must be administrative fees and maintenance fees but those who keep their money in the house do not know that there is a change of banknotes every year and old banknotes must be exchanged immediately for new banknotes if it is too late to exchange money then the old banknotes will no longer be useful.
I think storing money in the form of USDT is better than storing paper money or if the money is not needed in the long term, maybe you can invest in Bitcoin.

[armanda90]

I agree with your opinion about financial feeedom trough bitcoin, right now saving money in the bank get much decreasing by inflation and bitcoin can help us reach financial freedom.
Most important thing, for poor and rich person actually have difference level with easily having much capital for investing in bitcoin. I think rich person have bigger opportunity with financial freedim by investing in bitcoin than some people get difficult how to improve their financial better in the future but not suported yet much capital.

[Pastaral]

As you say it is important to understand both the potential and high risk of achieving financial freedom with Bitcoin.  If we look at the current Bitcoin market, its market has done very well in the last few days.  In this case, if the Bitcoin market continues to grow in the long term, it will create a large profit opportunity for many who have held this Bitcoin for a long time.  But we always have to keep in mind that there is a high risk and it may not be legal in your country because there are still many countries that have not legalized bitcoin yet so you should take every step knowing the details of these things. And you should be aware of the risks and possibilities of investing.  Be and plan properly so that you can earn money later on.

[NotATether]

Bitcoin has flipped the tables on its head.

Previously, people who were poor, if they had learned about Bitcoin and believed in its potential, HODLed it and became rich.

While bankers who have been spending the last 10 years calling crypto a scam are scurrying to get whatever is remaining of it in the form of ETFs.

[famososMuertos]

In a capitalist society where the rich are getting richer and the poor are poorer, the introduction of crypto-finance can create a sustainable economic environment in the face of inflation. The expansion of trade in decentralized financial systems and especially the rising value of Bitcoin can be an important hedge for marginalized people. Also, by introducing transactions at various institutional levels, excess pressure on the fiat can be reduced, which can help curb inflation. Above all, economic freedom at the individual level and expansion of the institutional transaction system can bring a positive financial outlook for the entire country

What is your opinion?

I don't think that bitcoin improves economies, it is a recurring theme and in a certain way it is a Pandora's box, it is the reality, but what emerges within that box cannot be an intrinsic result of the application or use of bitcoin, in the first instance, no.

For now, there is only one practical example from the macroeconomic point of view, and it is El Salvador, for now, despite being in force for almost 3 years, it is only still in standby mode. In the rest of the world, where its use is widespread, it is still a reserve of value, an investment asset, (etc.) which is oriented to particular interests.

These particular interests do not have to be a reflection of improvements in the economies or in the influence on the people, you can see it or better said, an example is the ETF, its benefits go to a privileged sector, and the triggering factor is what is left for the bitcoin community.

That is, you may not have a dollar in your possession, that is, you handle FIAT, but the effect of its decline or growth affects your local currency; for now, bitcoin does not have that influence.

[taufik123]

Bitcoin has flipped the tables on its head.

Previously, people who were poor, if they had learned about Bitcoin and believed in its potential, HODLed it and became rich.

While bankers who have been spending the last 10 years calling crypto a scam are scurrying to get whatever is remaining of it in the form of ETFs.

The Bankers who say that Bitcoin will reach ZERO(0) they just don't want to be found out that they are secretly buying bitcoin when the Dump happens.

Look at how now, many institutions are starting to come in and those who say that bitcoin is going to die,
instead turn in favor of bitcoin and start investing.

Regarding ETFs, interest rate hikes and rules etc. are just a tool to subdue the price of bitcoin so that they can buy cheaply.
That's pretty obvious manipulation at the moment.

[Faisal2202]

In a capitalist society where the rich are getting richer and the poor are poorer, the introduction of crypto-finance can create a sustainable economic environment in the face of inflation. The expansion of trade in decentralized financial systems and especially the rising value of Bitcoin can be an important hedge for marginalized people. Also, by introducing transactions at various institutional levels, excess pressure on the fiat can be reduced, which can help curb inflation. Above all, economic freedom at the individual level and expansion of the institutional transaction system can bring a positive financial outlook for the entire country

What is your opinion?

How can the pressure on fiat will be reduced, if poor people are getting rich and making more money? It means more people are now making money than before, which means, pressure is not reduced instead it has been increased on fiat. BTW what's your take on the pressure on fiat, do you think more is good or less is good? I think for the government it's not good but somehow they are making good for themselves out of it.

Cryptocurrency has given people another option to trade, keep their assets, hold funds, to speculate etc. etc. This industry is competing with top companies in terms of overall market valuation. Many people ask why there are alts and why people can't depend on BTC only.

I say, alts provide us more option to diversify, to mitigate risk etc. then how getting more option is harmful for us.

[laijsica]

In a capitalist society where the rich are getting richer and the poor are poorer, the introduction of crypto-finance can create a sustainable economic environment in the face of inflation. The expansion of trade in decentralized financial systems and especially the rising value of Bitcoin can be an important hedge for marginalized people. Also, by introducing transactions at various institutional levels, excess pressure on the fiat can be reduced, which can help curb inflation. Above all, economic freedom at the individual level and expansion of the institutional transaction system can bring a positive financial outlook for the entire country

What is your opinion?

How can the pressure on fiat will be reduced, if poor people are getting rich and making more money? It means more people are now making money than before, which means, pressure is not reduced instead it has been increased on fiat. BTW what's your take on the pressure on fiat, do you think more is good or less is good? I think for the government it's not good but somehow they are making good for themselves out of it.

If you look at the economy of various countries under inflation pressure, you will see how the prices of goods are constantly increasing and the value of your real assets is going down. The product you can buy today for $5, you bought at least 5 times less than the current price years ago. Similarly the value of your tangible assets or your salary has not increased comparatively. That means constant pressure on fiat and the poor getting poorer.

Holding Bitcoin for a long time and its growth over time can keep you financially unburdened and free from government interference considering an independent currency is your own independent and powerful economic sphere.

[Zed0X]

i think bitcoin/crypto also allows for the marginalized to still have access on the same things as other more privileged ones have access to many are unbanked but with bitcoin and crypto they now have a much safer place to store their money in

Bitcoin price over time can be greater than other investments and the potential for profit is high. For marginal people can continue to accumulate bitcoins from their daily needs as well as disposable income. Analyzing the past price history, Bitcoin has a higher tendency to return than other cryptos, so I think it is better to hold for the long term.

Compared to traditional investment assets like stocks, BTC has been the winning vehicle by far. There was a time when people were still laughing at crypto (in general) and calling it a bubble because they couldn't believe how fast it moves (volatile). Talking about financial freedom now, I think there are other cryptos that can give a higher and faster yield than BTC.