Quote from: Sayeds56 on Today at 04:36:32 PM

Quote from: Y3shot on March 23, 2023, 02:35:45 PM

The world economic challenge is getting worse as the day counts, and I'm still thinking if their were to be no bitcoin how would people cope with all the challenges in this modern world. Bitcoin has really come through for people of this days in different way and in different countries.
In some countries where they have serious unemployment challenges many people have engaged in bitcoin to invest and into other aspects of bitcoin, just imagine if their were no bitcoin how will the common man invest the little he or she has. If there were no bitcoin I know their are investment people can go for but it will be something that the rich and middle class can afford to invest. In bitcoin the rich, poor and middle class can go into it, this is to say bitcoin is for every body.

With the recent challenge in Nigeria where the resigni of their currency has caused scarcity of flow of cash which is really affecting the citizens, I know bitcoin will also make a good contribution in this case because lots of young people in the country are engage to bitcoin.

In different occasions of economic crisis in the world bitcoin has always been there to play a good role. Thanks to bitcoin for it existence in this difficult time of life.

There is no doubt that Bitcoin has become popular alternative investment option, specially in countries facing economic difficulties, due to its decentralized nature and lack of government control. In conclusion, Bitcoin has provided new investment opportunities and financial inclusion for many people, but it should be noted that Bitcoin is very volatile and high risk asset. Therefore, one should operate within their financial limitations and risk tolerance, when investing in Bitcoin.

As someone who has been in cryptocurrencies since 2014 and have used Bitcoin both as a currency and as an asset I can confirm that it has been a great alternative investment. So far, it has enabled me to live a lot more comfortably due to the significant side income I'm receiving through the forum, while at the same time, it's a great hobby to keep you busy. I regret not being active throughout all these years; I had two large inactivity periods.