Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is life
by
serjent05
on 25/09/2023, 09:30:06 UTC
I get what you're saying but agree with others that its quite silly comparing gambling to Bitcoin - not really the same thing. Bitcoin obviously has potential and is a technological advancement in the financial world, but it's also not a sure bet. Investing in stuff like crypto can be as unpredictable as a dice roll. Investing in any asset, including Bitcoin, comes with its own set of risks. The cryptocurrency market is known for its volatility.

I partially agree and disagree with what you stated, I agree that Bitcoin and gambling shouldn't be compared because they are different entity and has different function but I disagree that Investing in crypto can be as unpredictable as a dice roll because crypto investment can be mitigated by risk management while dice rolling is purely unpredictable.

I see a lot of people here comparing gambling games to bitcoins I think those who do this are mentally ill because bitcoin is recognized as the best coin in the world and we see everyone's future in bitcoin and bitcoin price is so low now that's why we  Let's all buy Bitcoin now and it will be very beneficial for our future.

People who compare Bitcoin with gambling, I think they don't have proper idea about Bitcoin. Especially, older people in the area make such comments. Because older people don't understand Bitcoin easily. Those who have a proper understanding of Bitcoin, will never compare Bitcoin with gambling. OP, you said that Bitcoin will brighten the future of people, it is true. But you have to remember that Bitcoin is risky.

Some people have no knowledge about bitcoin and they see its volatility so it is understandable that they compare it to gambling.  or there are people who consider this life a gamble so there is nothing to blame them when they consider everything a gamble.  when we do business or do anything, we are betting on whether it will succeed or fail, so that is also gambling.  each person has a different concept of life, like the number 9, viewed from the bottom up it is number 9 but when viewed from above it is number 6.  It doesn't matter what Bitcoin is, what's important is what benefits it brings to us.

It is clear in the dictionary the definition between gambling and Bitcoin that they are far too different from each other.  Even investment and gambling is also not the same.  All items even the stablecoins have fluctuation thus they have volatility, even the goods and commodities in the market also fluctuates in price so it is not a good reason to say Bitcoin is like gambling.