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.
You are right. Bitcoin has been a game changer for many. It's accessible to everyone, regardless of their economic status. People can invest, earn passive income, and even find jobs in the crypto space. Plus, it also makes sending money from one point to another point cheap, easy and super fast. People from countries that has weak currency value and is suffering from inflation can invest in bitcoin to battle against the inflation. But yeah, people should keep in mind about the risks involved with investing in bitcoin or other crypto currencies. Stable coins might be a better option for those that aren't willing to risk, but they should also keep in mind that those stable coins might crash too!