Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin help?
by
DanWalker
on 05/11/2023, 03:45:01 UTC
Even though bitcoin is one of the sources that can be for investment or help in your life again not all the people are capable with it.

Bitcoin is just an investment, it is not free and there are potential risks where it can harm us. Not everyone makes money investing in it, there are winners and losers, so I cannot agree that bitcoin can help alleviate poverty.

...the lower class can actually buy as little as $10 per week. Majority of these immigrants are farmers that the quest for greener pastures pushed into these journeys.  They can actually start small and build from there. Same goes for many people across the globe.

Bitcoin offers unique opportunities for people who want to make decent amount of money and I have the feeling that if these people start investing in Bitcoin, we will see a rapid decline in global poverty.  What do you think?

Even though they want to get up with this poverty and would like to join into an investment i guess at the end of the day they will cater to their needs than making an investment, currently, the expenses right now is higher due to inflation too, only people who have got enough with their salary or money can make try this suggestion. But after that, only few of them will choose to have a food on their table.

I think daily needs should still be prioritized over investment. If we live alone, we can save as much as possible and work hard to save money to invest, but if we have a family and children, we should not invest when the children are still hungry. Investing is important but there are things that need to be given top priority and that is also one of the many reasons why poor people still cannot invest in bitcoin.