Post
Topic
Board Bitcoin Discussion
Re: can Bitcoin provide food for our table
by
Blitzboy
on 17/08/2023, 10:58:22 UTC
At first I want to use this medium to introduce myself, I'm a Smartgoat and I have being studying the futuristic of Bitcoin and finally I have developed a hundred percent love to Bitcoin.

I have be wondering why people are queuing up in Bitcoin, then I began to ask if Bitcoin can make provision of food in our table. Because many people I know testify of Bitcoin and after I made my research concerning Bitcoin, I found out why people are comfortably investing in Bitcoin, is because it's a decentralized currency. then I have to come with the idea that Bitcoin can make availability of food in our table when we learn and understand the basic things of Bitcoin especially understand trading and long term investment of Bitcoin.
I think with trading they will be a provision of food in our table, when we understand the rules and regulations of Bitcoin, I don't know if this my concept can make a provision of food through Bitcoin. But I'm well convinced that with this my views over Bitcoin investment and trading it will provide or sustain human, if profit are been made. I know that Bitcoin should not be dependent on, and we suppose to make Bitcoin our side hustle but with seriousness on Bitcoin investment and trading, we can achieve a success.

No Bitcoin cannot give food to our table if we are just waiting.  We all know Bitcoin is not magically created and does not magically appear in our hands(wallet).  Bitcoin creation has process and that is mining.  And after mining is then sold to the market.

With that we either mine or create a service that accepts Bitcoin as payment.  In short, we need to work hard or have money to get Bitcoin.  And then we can hold or exchange the Bitcoin to cash and buy food in order for us to bring food to our table.

Mining or Buying or Service → acquiring Bitcoin →  sell Bitcoin to Fiat money → buying food with Fiat money → Food in our table.

In short, it is our effort that brings food in our table.  Bitcoin is just one of the currencies we received from that services so I think it isn't correct to think that it is the Bitcoin that gives our food to our table.
I cant argue with the steps you've laid out, but your lack of creativity bothers me. Bitcoin isnt a made-up thing; its the result of smart people harnessing the infinite energy of the world. Your limited view that you have to work hard to get Bitcoin is pitifully simple.

Bitcoin is about more than just putting "food on the table." Its the realization of a global, autonomous dream. You're stuck in the old way of thinking that "work brings food to the table." Woke up! We're about to see a big change in the way money is handled. Bitcoin is not just a tool; it is also a way of thinking. Its an idea that challenges the way standard financial systems work and will, in the end, make them obsolete.