Quote from: Mauser on Today at 09:29:43 AM

Quote from: Promocodeudo on July 06, 2023, 08:54:41 AM

I want to categorically tell this set of people that Bitcoin is the way forward for you, bitcoin works for everyone, and the system was designed in a way that every interested person can participate.
Bitcoin allows you to be your bank and be in charge of your money with no interference from anyone. Participation is dependent on your interest, not your identity, that's to say that everyone can be involved without their identity known. Note that blockchain technology guarantees your Bitcoin security, so don't be afraid just give it a trial but with a little money I believe you won't regret it.

In case you are one of the persons that store all their money at home in a big vault, you might be reluctant to transfer all your money into bitcoin. The upside of having fiat money at home is that you can see it, touch it and even when the whole world breaks down you will probably find other people that are willing to trade with you for that money. Making now the switch to a fully crypto wallet can be a hard step for people that are so used to using cash in their daily lives. I would recommend to not move too fast and rather slowly ease into the crypto community. Why not start with building a crypto portfolio with 10-15% of your wealth and slowly build it up over time. Bitcoins are a good currency to store value online, and its also a great opportunity to make some money longterm. But I wouldn't recommend to put all our money into one single asset class, better to spread it out and diversify in multiple different assets.

There's no way in hell that I'd store money inside my house; that's a huge hazard and an extremely unsafe practice. Hiding money beneath the mattress isn't up to today's standards. As much as I don't prefer the banking system, it's necessary for the economy to function, and it's probably the safest option to store fiat and be able to use it at any time.

You're mentioning that fiat currency is tangible; I understand your point; however, cryptocurrencies can be converted at any time through an exchange, centralized or not, without too much hassle. Thus, I don't see any significant inconvenience regarding cryptocurrency usage. It's mostly because we prefer not to use cryptocurrencies due to their being deemed valuable investments rather than a means of payment.