Post
Topic
Board Economics
Re: People don't understand the problem with monetary system.
by
Mauser
on 12/08/2023, 08:03:43 UTC

The other camp don't have an understanding of the problems they are facing under fiat which bitcoin is here to solve.


Understanding bitcoins and crypto currencies is one thing, but now many people actually understand the monetary system they live in? I would say that most elderly people and most younger people don't really understand the current system, but even worse they don't even want to understand it. Here on the forum its a very special group of people that ask the right questions and want to learn. Unfortunately the majority of people in my country are not the same. When talking to strangers I realise that many people are happy in their current lifes, as long as they get enough money each month to buy snacks, drinks and alcohol everything is okay. It's hard to reach such people and try to teach them what is actually wrong in the current monetary system and how we could fix it. The best approach in my opinion is to show people the benefits of investing in crypto currencies, if they can make long term profits with it then it might convince more people to learn about the ideas behind cryptos.