Post
Topic
Board Bitcoin Discussion
Re: Who will benefit the most from bitcoin/cryptocurrency?
by
Bennix
on 22/09/2018, 20:43:00 UTC
I have a friend who is interested in getting into bitcoins but he does not have a lot of savings or any major investments. He also has a lot of debts to pay and has an average wage job with a family of 4 to raise. When we were talking yesterday, I thought: who really would benefit the most from investing in bitcoin or cryptocurrency? Can those who are like my friend get into bitcoin even though he has no major investment? Or is bitcoin only for those who can afford it?

I believe that everyone in the world will benefit from cryptocurrency. However different varieties of crypto will be suited towards different people. I dont see it as an investment, more as a currency and a platform. The high tx fees in btc will scare away people from using it as a currency.
From my own perspective ,I think those that can afford bitcoin are the same set of people that will benefit most.
If you could remember what happened last year December ,you will find out the  beneficiaries of bitcoin/cryptocurrency are the ones that bought at the dip and hold until the price hit 20000$ per bitcoin.
The same thing happened to the holders of xrp and xvg of which some of the holders made huge amount of money from it.
I don't believe everyone will benefit because someone don't reap where he didn't sow a seed.