What does Bitcoin protects people from ?

[emma.lee1890]

Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value. Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.
As a commodity, what does Bitcoin price show or protects people from ??

[yousufatik20]

I think that bitcoin protects people from inflation. After all, the rise in prices for goods does not affect the decrease in the price of bitcoin. And bitcoin protects people from poverty. It is thanks to this cryptocurrency people have an opportunity to earn well.

[bdamenaakter]

Bitcoin can protect us by using bitcoin wallet and we can also deposit are money if you cannot trust the bank or atm's account you have a second choice to choose the bitcoin wallet it can help to not to robbing if you walk in the street or walking in street in the night and it's easy and safe to use it's look like a bank account you have a pin to log in in your bitcoin account.

[kamal420]

The best thing bitcoin protects us from is hyperinflation. Bitcoin has parameters set on the inflation rate and it will gradually decrease overtime. Governments and bankers rob us of our purchasing power by printing money digitally with fractional lending. I know the bitcoin inflation rate is still high at 3% but it will be dropping soon.
The other thing bitcoin protects us from is government seizures. The government will not be able to freeze your assets if you hold your wealth in bitcoin.

[densuj]

Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value. Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.
As a commodity, what does Bitcoin price show or protects people from ??

In my own personal opinions bitcoin can be considered as gold and silver because the processing of bitcoin is like the gold and silver, it can be mined so it is mean bitcoin also can protect people from inflation and store our values in the bitcoin. Of course with some benefits of bitcoin be compared with gold and silver, bitcoin is easy used than gold and silver, bitcoin protect our whealty than traditional investment.

[Jereh]

Personally it protects me from going complete broke.
As It helps me save money .
I cannot touch or use the funds like I do money saved in the bank.

[reshat]

Right now, in Venezuela they are hyperinflating like crazy.People have put their life savings into gold, but as they leave the country it is being confiscated by the government.That is why we need Bitcoin.

[sudeshkumar]

 BITCOIN  protects people from the regulation and higher cost of transaction fees because it is a decentralized currency and the transactions are recorded through block chain technology.

[sola]

Although the price of Bitcoin can and will vary wildly (sometimes) on a day to day basis relative to other currencies and commodities, the purchasing power is set to increase every year as long as there is not a large decrease in demand for bitcoins ).

[Asebaby]

If gold and sliver can protect investors for all poverty risk than bitcoin is not exempted. Bitcoi as and asset cacquired by investor can replace gold and silver.

[sola]

Therefore, Bitcoin has its special value in combating hyperinflation. It is its existence that supports the poor people in the hyperinflation countries and the hope of living barely. Bitcoin is the natural enemy of hyperinflation.

[zenbook]

Bitcoin as a commodity will protect people  from taxation. As a commodity it has value through exchanges.. it is just like other other currencies  gold or silverh.

[bhm45]

Well, in my opinion it protects people from its own animosity. We know that bitcoin has its own privacy in terms of everyone's identification. It protects from being controlled by corrupt government.

[PRIBO247]

Because of its decentralized nature this helps protect people from regulation. It also protects against inflation.

[squadus]

Bitcoin protects people from the stock market and bonds crashing. Most likely, money would funnel into Bitcoin and other similar cryptocurrencies, and Gold and other precious metals, if the economy would ever crash.