Post
Topic
Board Economics
Re: Can Bitcoin End World Poverty?
by
AtticO
on 07/11/2017, 11:30:11 UTC
No it will not. It will make some people rich and a lot of people poor.

it's just simple logic. You first of all have to either have a lot of money to invest in it f you're to late or you have to be early. If you bought high and panicked, sold low and then rebought you already lost money before making any. if you're to late with investing and only have little you will not earn a lot.

So in my opinion, people will win money, but not everyone can, so a lot of people will also lose. This market is manipulated by people with a lot of money who can make you do stupid things.