Post
Topic
Board Economics
Re: Fix the money, Fix the world.
by
tabas
on 05/07/2023, 19:10:42 UTC
I think the world will be a better place without notice or segregation between the rich and the poor if Bitcoin is embraced fully since Bitcoin is not a currency of a particular country everyone has the equal right and power to either store it or use it.
But this is not going to happen, we've seen countries banning bitcoin and disliking it. From our perspective, there's nothing wrong in adopting bitcoin wholly. While for those countries, they're seeing something bad on it so they wouldn't touch it and won't allow its people to get involved on it. With that, they can't be sure if how many of their people owns bitcoin secretly. This is not about dividing the rich and the poor but, this is all about embracing a new technology and monetary system that's no longer requiring the intervention of a government entity.
  that is actually the advamtage of btc market, it is for people from all walks of life and of course, borderless. but there will always be rich and poor people, that's how our social status is going to be. but in this market, everyone is welcome. 
That's the world that we're living in, there will always be the rich and the poor and this is the system that we'll have to live with forever unless there's a new system where the riches of these people will be shared upon to everybody. And good thing that there's a likely of it and that's through Bitcoin. You're right that this is for everybody, whether you're poor, you're rich, you're average, this is for all and it doesn't have any requirement on who's eligible to own it. As long as you're able to buy and hold it, that's it.

actually much better than forex market imo. you need certain amount to join in the forex market, whereas, there's no min or max you can hold when it comes to crypto
Well, in most exchanges, there's a certain minimum amount how much a user can start trading to buy it.