Post
Topic
Board Economics
Re: The dream of getting rich with bitcoins
by
Kemarit
on 14/05/2017, 14:07:06 UTC

Everyone must have dream of becoming reach with bitcoin. I admit that I have too but to think more about it, bitcoin can do more than that. Upon reading some articles, bitcoin is said to be the future currency. We all know that technology is changing so fast that we can not even predict the future of it. I believe that bitcoin is the future of the paper money. As of now, bitcoin cannot be used to pay for our daily expenses like buying foods in a fast food chain. Since bitcoin is powerful, it is not just getting reach through bitcoin but also to be able to prepare for the future.

You are right, I believe too that bitcoin will be the future of paper money. Payments using bitcoin are still not widely used but who knows what will happen in the future. Bitcoin will be more popular in the future and we are the ones who are going to benefit much from it.

I also dream of becoming rich with bitcoin but I do not think that it is practical to think that way. We all know that to be able to used bitcoin, it needs to be converted into your country's currency first. For me, I will think of bitcoin as an investment or savings.



We can all be millionaires not just in bitcoin but in fiat as well. The only difference bitcoin is harder to earn because it is scarce. So to be become a millionaire you need to work you butt to earn huge amount of it. Trading is the best way to earn bitcoin, but it can also came with risk and with good enough capital to start with. For me to be a millionaire in bitcoin, I have to accumulate 10 bitcoins in my wallet. 10 bitcoins is roughly a million in our local currency. It is possible for me to earn? Absolutely, but it will take a lot of years, sweat, blood and time on my side to really become a millionaire.