Post
Topic
Board Economics
Re: bitcoin wasn’t created to make you rich. It was created to make you free
by
Mauser
on 16/04/2021, 16:22:32 UTC
I hate that I cannot save money effectively because our government loves to inflate problems away at the expense of my savings... bitcoin and altcoins are our greatest hope in returning power back to working middle-class people.

your thoughts?
I agree with you. With Bitcoin, we are free to send money anywhere and to anyone without intermediaries (peer to peer). Besides, using bitcoin to pay household bills is very practical and easy. But the practice now is, someone who buys bitcoin today hopes to get rich. they buy bitcoins because of their volatile value. they think that the volatility of bitcoin can provide quick profits.

Bitcoin's offer is freedom that we don't have with Fiat currencies. We are all grateful here to have a tool to save money with outside of the reach of governments and central banks. While in terms of crypto currencies we might not be rich, we still will get rich in terms of fiat currencies. As long as countries are constantly issuing debt and print money, their currencies will drop in value. So if we eventually convert back to fiat or maybe buy directly with bitcoins we can get rich.