Quote from: Xampeuu on Today at 05:52:33 AM

Quote from: Wend on August 06, 2023, 11:11:46 PM

Quote from: lousie9 on August 06, 2023, 05:21:14 PM

Quote from: Wend on August 05, 2023, 11:33:32 PM

You should look at the people who have made a profit from bitcoin to learn, not think that bitcoin can enrich everyone, or it will help reduce unemployment, reduce poverty as many people think.

I agree with what you have said that Bitcoin cannot fully help the economy, fix poverty and other economic problems as many people say. In fact, to be able to get the maximum profit in investing in Bitcoin is not that easy and not everyone can.
It is true that investing in Bitcoin can help someone's economy but it will not be so significant, it all depends on how much they invest and how well they sell it at a high enough price.
And it's true, in fact that many people also lose investing in Bitcoin because of their own mistakes, they can't understand the market and don't have good investment risk management.

Crypto or bitcoin is a financial market, it is not an industry that creates stable jobs that help everyone have jobs and income. Therefore, it cannot have a great impact on the economy of a country as well as the world economy. Just like trading gold in the foreign exchange market, it is only profitable for individuals, I don't see how it is beneficial in contributing to the construction of the national economy.

In order to develop the country's economy, it is necessary to integrate into international trade, promote import and export, and create stable jobs for the people...rather than depend on risky speculative games.

however, bitcoin can contribute to the development of the country's economy if the government supports it. for now, if only the government supports bitcoin, and socializes it, more people will understand and understand bitcoin, that way if bitcoin experiences a pump, the people will prosper and of course be able to help the economy of a country, because of course when it pumps, many people will get rich and that means they have a lot of money to meet their needs

What if bitcoin gets dumped and everyone loses? You don't have to give an example, just use yourself as an example. Have you really gotten rich with bitcoin? And how many people have you met who became rich on bitcoin or just saw it in the press? There have been many people who got rich from bitcoin, but also many people lost everything because of it, so even if the government accepts people to invest in bitcoin, there is no guarantee that all will get profit from bitcoin.

Bitcoin is a financial market, it is not a business that will create jobs and income for everyone.