Post
Topic
Board Economics
Re: Bitcoin Can Be A Savior!
by
burnchan
on 06/03/2018, 14:00:43 UTC


In specific countries like Venezuela and Zimbabwe, Bitcoin is working as a savior for the many as their respective economies and political systems have been rocked by turmoil and uncertainties. This has become of the inspiring roles Bitcoin has been playing for some number of people and I think as time goes on this role can be magnified in other parts of the world as well.

Now, what is this telling us. One thing for sure: During economic and political distress Bitcoin can be the best tool for people to survive economically as well as to protect their remaining assets from being swallowed by the government-sponsored economic meltdown.

Bitcoin can indeed be a savior!
Bitcoin is indeed a savior all the time. It has helped us to earn an extra income to support our family's needs and to have a savings for future need. In times of economic depression, it will serve as out last asset to sustain out needs. This is the an advantage of a crypto because its decentralize. It is purely independent from the government's issues. Since we are blessed enough to earn with Bitcoin, it is essential to prepare for emergency fund. We need not to overspend things because every dollar we earn has its purpose. It's not only Bitcoin which can save us during economic depression but also it depends on how we handle our assets.