Bitcoin is not a magic wand which will end world poverty. It simply doesn't have the power to end such a massive thing. Also bitcoin is not a payment system anymore. We have moved to a different goal long back, when the confirmation time increased and transaction fees hiked. These confirmation time and transaction fees is going to be increased again and again. So we will move from the initial goal further.
Bitcoin has now purely became an investment asset. IT can provide a huge return which any other conventional investment will never be able to offer ever. So I take bitcoin purely as an investment and a trading asset. I earn profit and keep it for the future.
Don't agree.
First, don't limit your analysis to Bitcoin, but change the OP's question to "Will
cryptos End World Poverty?".
Most altcoins
are a payment system ( fast confirmation, low fee ).
And now with Litepay everything is becoming easier.
Today i'm gonna spend $200 in local shops?
So let's load my Litepay VISA credit card with $200 worth of LTC , and hit the town.
And the goal everybody should have in mind is: stop putting money in the bank.
Just use crypto or regular cash
[1].
So that we avoid all robbery and slavery we are undergoing thanks to the gov pigs
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[1] With the only exception of systems like Bit/Litepay cards, which i personally like but i see them just like a transition to an era where most shops will accept cryptos directly.
I would recommend loading a (Bit) Litepay card with a small amount at a time, or just what you are about to spend before going shopping.
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