Post
Topic
Board Economics
Re: why are you sure the bitcoin will be make economic freedom?
by
posi
on 02/03/2019, 12:33:29 UTC
lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

To be honest,I'm not sure about this.Bitcoin will continue to be controlled by a minority of crypto whales and miners that will continue to dictate the price and make more money out of the naive noobs.
However,economic freedom has little to do with the currency you are using.

We can make our own economic freedom by holding bitcoin. If a minority whales control the supply, i am believe the price must be rising and we have a chance to make profits
We will make profit by not supporting those whales but try to make sure no whale take away your profit for misleading you by your emotions, we are making profit but it is just gonna take a few months, crypto currency is independent so it gives more opportunities to holders as price will increase and selling at green will make your economically strong along with financial freedom.
Bitcoin price will surge with or without the whales but it will take time and concerning the issue of supporting the whales. The best thing every crypto trader or investor can do is to make the best out of every trend the market pose cause the act of not supporting the whales will lead to losses and like the saying "it better to join the race than get run over".

Regarding the OP question, people are tired of the government failure and they have seen the impact of Bitcoin in the life of some cryptoneir this make them believe Bitcoin has the key to economic freedom cause what they need is testimony not empty promises.