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Author Topic: Financial Freedom and Bitcoin  (Read 21048 times)

Offline Hisbullah

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Re: Financial Freedom and Bitcoin
« Reply #90 on: August 23, 2024, 06:15:24 PM »
Internet is one side very important and easily controlling by government, learn what happen with Bangladesh when their government shut down with internet exactly taken for several days later make the trader of Bangladesh loss their source income from cryptocurrency.
Yes, it's almost the same in my country, we have an authoritarian government that can do anything like shut down the internet, ban Bitcoin and cryptocurrencies, ban crypto websites, or prosecute everyone who works in cryptocurrencies.

These are all possibilities that exist, albeit weak, so it's good to take precautions in case of any emergency. It's better to have more than one source of income.
In the country that can accept crypto so I have no worries that the government will shut down the internet and block crypto. Because the government of my country has accepted bitcoin as an investment, although it has not allowed it as a payment method but I am grateful that we as citizens are allowed to invest in bitcoin is a good thing.
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Re: Financial Freedom and Bitcoin
« Reply #90 on: August 23, 2024, 06:15:24 PM »

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Offline ajiz138

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Re: Financial Freedom and Bitcoin
« Reply #91 on: August 23, 2024, 06:49:15 PM »
In the country that can accept crypto so I have no worries that the government will shut down the internet and block crypto. Because the government of my country has accepted bitcoin as an investment, although it has not allowed it as a payment method but I am grateful that we as citizens are allowed to invest in bitcoin is a good thing.
Well, that is indeed something to be grateful for, because even though the government does not allow it to be used as a means of payment, it is still permitted as an asset that can be invested.

Not all countries have such policies, because each of them must also have different policies, including prohibiting crypto from being used for anything. We must be able to take advantage of every opportunity that exists, no matter how small it is, we must be able to maximize it.

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Re: Financial Freedom and Bitcoin
« Reply #91 on: August 23, 2024, 06:49:15 PM »

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Offline nakmantu99

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Re: Financial Freedom and Bitcoin
« Reply #92 on: August 23, 2024, 07:49:38 PM »
In the country that can accept crypto so I have no worries that the government will shut down the internet and block crypto. Because the government of my country has accepted bitcoin as an investment, although it has not allowed it as a payment method but I am grateful that we as citizens are allowed to invest in bitcoin is a good thing.
Well, that is indeed something to be grateful for, because even though the government does not allow it to be used as a means of payment, it is still permitted as an asset that can be invested.

Not all countries have such policies, because each of them must also have different policies, including prohibiting crypto from being used for anything. We must be able to take advantage of every opportunity that exists, no matter how small it is, we must be able to maximize it.
As an investment tool, bitcoin has been widely used in almost many countries, except in countries whose governments prohibit and reject bitcoin. If the government allows us to use bitcoin as an investment, that is a good thing and sooner or later the government in your country will allow it to be a payment method if many large countries have allowed it.

Offline kulkhan

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Re: Financial Freedom and Bitcoin
« Reply #93 on: August 23, 2024, 08:21:08 PM »
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?
Yes we are leaving such kinds of society. Where rich are being more richer and poor are being more poorer. It happening in our general economic system. But Bitcoin and other currency breaking this system i strongly believe it. I saw huge average people i mean poor people overcome from his poverty from cryptocurrency. They has been economically established from cryptocurrency. So i think cryptocurrency mainly Bitcoin has big role to remove poverty and it has big importance to balance between poor and rich.
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Offline ajiz138

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Re: Financial Freedom and Bitcoin
« Reply #94 on: August 24, 2024, 01:13:16 PM »
Well, that is indeed something to be grateful for, because even though the government does not allow it to be used as a means of payment, it is still permitted as an asset that can be invested.

Not all countries have such policies, because each of them must also have different policies, including prohibiting crypto from being used for anything. We must be able to take advantage of every opportunity that exists, no matter how small it is, we must be able to maximize it.
As an investment tool, bitcoin has been widely used in almost many countries, except in countries whose governments prohibit and reject bitcoin. If the government allows us to use bitcoin as an investment, that is a good thing and sooner or later the government in your country will allow it to be a payment method if many large countries have allowed it.
In some countries that prohibit bitcoin, I am sure there are citizens who also invest in bitcoin secretly. The government may prohibit it, but there are various ways to get around it.

Even though they block access to it, there are ways that can be used to access it again. Although there may be a risk when they use applications and the like, because the worst risk is when they can no longer access it and will lose assets.

Offline milewilda

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Re: Financial Freedom and Bitcoin
« Reply #95 on: August 24, 2024, 01:41:45 PM »
Well, that is indeed something to be grateful for, because even though the government does not allow it to be used as a means of payment, it is still permitted as an asset that can be invested.

Not all countries have such policies, because each of them must also have different policies, including prohibiting crypto from being used for anything. We must be able to take advantage of every opportunity that exists, no matter how small it is, we must be able to maximize it.
As an investment tool, bitcoin has been widely used in almost many countries, except in countries whose governments prohibit and reject bitcoin. If the government allows us to use bitcoin as an investment, that is a good thing and sooner or later the government in your country will allow it to be a payment method if many large countries have allowed it.
In some countries that prohibit bitcoin, I am sure there are citizens who also invest in bitcoin secretly. The government may prohibit it, but there are various ways to get around it.

Even though they block access to it, there are ways that can be used to access it again. Although there may be a risk when they use applications and the like, because the worst risk is when they can no longer access it and will lose assets.
The good thing about Bitcoin or simply investing with crypto is that even though its been banned on some countries on which those individuals would really be having that chance
to invest without getting caught or being that noticed. This is why government cant really be able to completely get rid of Bitcoin or crypto. Speaking about financial
freedom then this isnt something that could be that easily achieved with crypto investment. It would always still be depending on how well and big the amount you have
invested into this space and able to hit up some low caps then this is where you do able to make some fortune.

Offline bhadz

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Re: Financial Freedom and Bitcoin
« Reply #96 on: August 24, 2024, 03:08:54 PM »
In some countries that prohibit bitcoin, I am sure there are citizens who also invest in bitcoin secretly. The government may prohibit it, but there are various ways to get around it.

Even though they block access to it, there are ways that can be used to access it again. Although there may be a risk when they use applications and the like, because the worst risk is when they can no longer access it and will lose assets.
That is no longer a secret, in countries like Bangladesh where Bitcoin I think is prohibited. We've got friends there from the forum that are also invested in Bitcoin and very much active in the forum and that's why even their government is prohibiting it. It's still possible for anyone from there to invest there as long as they know how to use proper tools that bypass the restrictions that are being set and done by their government and ISPs.

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Re: Financial Freedom and Bitcoin
« Reply #96 on: August 24, 2024, 03:08:54 PM »


Offline nakmantu99

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Re: Financial Freedom and Bitcoin
« Reply #97 on: August 24, 2024, 03:17:21 PM »

The good thing about Bitcoin or simply investing with crypto is that even though its been banned on some countries on which those individuals would really be having that chance
to invest without getting caught or being that noticed. This is why government cant really be able to completely get rid of Bitcoin or crypto. Speaking about financial
freedom then this isnt something that could be that easily achieved with crypto investment. It would always still be depending on how well and big the amount you have
invested into this space and able to hit up some low caps then this is where you do able to make some fortune.
Yes, in some countries bitcoin was banned in the past, but its citizens continued to invest in bitcoin in ways that the government did not detect. This is a freedom that cannot be restricted by the government. Technological progress will always find its own way.

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Re: Financial Freedom and Bitcoin
« Reply #98 on: August 25, 2024, 08:50:27 AM »
Bitcoin is one of the best powerful currency in cryptocurrency market. We know that some country has rejected in bitcoin, But some country is continue it’s activity. If any government do continue of activity of bitcoin, i think it will be a correct decision for his country. Because we know that when bitcoin will run by his country, that's country will remove his poverty. So we told that bitcoin helpfully for any people of there country. Because we saw many common people were invest in bitcoin, and i believe that they will be best benefited in future.
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Offline laijsica

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Re: Financial Freedom and Bitcoin
« Reply #99 on: August 25, 2024, 10:24:37 AM »
Bitcoin is one of the best powerful currency in cryptocurrency market. We know that some country has rejected in bitcoin, But some country is continue it’s activity. If any government do continue of activity of bitcoin, i think it will be a correct decision for his country. Because we know that when bitcoin will run by his country, that's country will remove his poverty. So we told that bitcoin helpfully for any people of there country. Because we saw many common people were invest in bitcoin, and i believe that they will be best benefited in future.
Yes a country can get positive progress economically by investing/depositing in Bitcoin. A country's tendency to accumulate large amounts of holdings which in the long run can bring high profits to the holders and contribute to poverty alleviation. Even if a country rejects Bitcoin, you as an individual should continue to accumulate Bitcoin because you can be pretty sure that its value is very likely to skyrocket in the near future which can give you huge profits. Thus, when people of a country continue to choose Bitcoin as their investment medium, it will gradually be positive for the country's economy and the number of poor people will decrease with the high trend of a crypto finance.
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Re: Financial Freedom and Bitcoin
« Reply #100 on: August 25, 2024, 10:41:45 AM »
the development of bitcoin is very rapid both among the community and in countries, even bitcoin is known to all corners of the world, with that bitcoin is easy to expand or develop it and will increase market prices because of new customers who use bitcoin, sometimes even a company also joins. so the rich will remain rich and the poor will remain poor, but the poor know the crypto world I think they can change their lives so that their financial economy will be sufficient.

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Re: Financial Freedom and Bitcoin
« Reply #101 on: August 25, 2024, 01:22:05 PM »
Bitcoin is one of the best powerful currency in cryptocurrency market. We know that some country has rejected in bitcoin, But some country is continue it’s activity. If any government do continue of activity of bitcoin, i think it will be a correct decision for his country. Because we know that when bitcoin will run by his country, that's country will remove his poverty. So we told that bitcoin helpfully for any people of there country. Because we saw many common people were invest in bitcoin, and i believe that they will be best benefited in future.
Yes a country can get positive progress economically by investing/depositing in Bitcoin. A country's tendency to accumulate large amounts of holdings which in the long run can bring high profits to the holders and contribute to poverty alleviation. Even if a country rejects Bitcoin, you as an individual should continue to accumulate Bitcoin because you can be pretty sure that its value is very likely to skyrocket in the near future which can give you huge profits. Thus, when people of a country continue to choose Bitcoin as their investment medium, it will gradually be positive for the country's economy and the number of poor people will decrease with the high trend of a crypto finance.
I also think investing in Bitcoin can be good for country economy. If country buy a lot of Bitcoin it can make a lot of money in future which can help reduce poverty. Even if country do not use Bitcoin officially people can still invest in it and make money if its value goes up so this will also help country economy. If many people in country invest in Bitcoin it can help country economy and reduce poverty.

But it is good to be careful when investing in Bitcoin and in cryptocurrencies. Everyone know that many risks involved in investing in Bitcoin so it is good to be informed and make good decisions. If individuals and countries are careful and make informed choices they can benefit from investing in Bitcoin and other cryptocurrencies.

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Re: Financial Freedom and Bitcoin
« Reply #102 on: August 25, 2024, 01:55:39 PM »
In some countries that prohibit bitcoin, I am sure there are citizens who also invest in bitcoin secretly. The government may prohibit it, but there are various ways to get around it.

Even though they block access to it, there are ways that can be used to access it again. Although there may be a risk when they use applications and the like, because the worst risk is when they can no longer access it and will lose assets.
The good thing about Bitcoin or simply investing with crypto is that even though its been banned on some countries on which those individuals would really be having that chance
to invest without getting caught or being that noticed. This is why government cant really be able to completely get rid of Bitcoin or crypto. Speaking about financial
freedom then this isnt something that could be that easily achieved with crypto investment. It would always still be depending on how well and big the amount you have
invested into this space and able to hit up some low caps then this is where you do able to make some fortune.
They can only limit without being able to make the prohibitions they make can be fully implemented by their citizens. Moreover, if their citizens know bitcoin well, they will not be able to miss the good opportunities that are in front of them, even though there are rules that limit them.

You are right, to achieve complete financial freedom will not be easy, but at least by knowing and understanding about bitcoin and crypto, the path to it is increasingly wide open.

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Re: Financial Freedom and Bitcoin
« Reply #103 on: August 25, 2024, 09:01:34 PM »
As an investment tool, bitcoin has been widely used in almost many countries, except in countries whose governments prohibit and reject bitcoin. If the government allows us to use bitcoin as an investment, that is a good thing and sooner or later the government in your country will allow it to be a payment method if many large countries have allowed it.

Hmm, buddy what do you think of India accepting Bitcoin as a legal mode of exchange, in my view if the Indian government promotes Bitcoin it will attract a massive number of end-to-end users, and it will also help to revive the concept of Bitcoin as a widely used payment mode. In my view, people are not much exposed to Bitcoin here in Pakistan and India, because here in these countries the real strength is population, the man power which can make anything possible as you know what China is today just because of its man power.
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Re: Financial Freedom and Bitcoin
« Reply #104 on: September 01, 2024, 01:49:45 PM »
the development of bitcoin is very rapid both among the community and in countries, even bitcoin is known to all corners of the world, with that bitcoin is easy to expand or develop it and will increase market prices because of new customers who use bitcoin, sometimes even a company also joins. so the rich will remain rich and the poor will remain poor, but the poor know the crypto world I think they can change their lives so that their financial economy will be sufficient.
Investing in Bitcoin can give expected returns where rich investors can get more profit and they will continue to get richer. If you consider a section of poor investors they follow long term DCA strategy and focus on Bitcoin holdings and they can expect multiple profits which will affect them financially and become middle class citizens. Similarly, if he can perform 2 or 3 cycles continuously, he can become more profitable and enter the ranks of the rich.
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