Post
Topic
Board Bitcoin Discussion
Re: How important is BTC to the Society?
by
Smack That Ace
on 12/12/2022, 11:24:45 UTC
Have be thinking about the importance of cryptocurrency, especially BTC in our society today and the nearest future. And how is going to improve the Society especially our environment and economic.

Bitcoins provide us financial freedom. It literally gives us full control on our own money. Unlike banks where you pay taxes and abide by rules. It definitely gonna leave an impact on the society. Now there are also some features of Bitcoins which are used for bad work by bad people. This also leaving a bad impression regarding Bitcoins on the society. Bitcoins are equally important like the way some people treat assets. Just currently Bitcoins are down a bit. It will grow once again.
And governments are using those isolated incidents to try to paint a negative image of this market to the average person so they can achieve a series of objectives, the first one is that they can delay the adoption of bitcoin for long enough to try to figure out how to deal with it, and the second objective is to give themselves and excuse to make moves against bitcoin and to try to force any centralized institution to play by their rules.

I just remember seeing a lot of news about bitcoin in our country in previous years when it hit its multiple ATH, mostly the person they interviewed about bitcoin claiming it was a scam because they invested in a Ponzi scheme. I and my friends are laughing at it since they don't have legit sources of that news since those they've interviewed are newbies. At the same time, it makes me angry and sad since the image of bitcoin for those who don't know (first impressions matter) will say it is a scam and we should stay away. They really don't know what bitcoin is or how great this opportunity is.

I find that normal, and you don't need to laugh or get mad at them because you already know they don't know anything about bitcoin. They were like us when we first heard about bitcoin, we said we were not interested and didn't buy bitcoin when we first learned about it. At that time, no one laughed at us, so we had no reason to criticize them, give them more time and they will figure things out. Bitcoin is still new to them, and time will correct all those mistakes.