Quote from: virasog on January 07, 2024, 07:38:55 PM

Quote from: Bill buffalo on December 22, 2023, 10:41:00 AM

The whole point of crypto was to make the process even the gap between rich and poor unfortunately it is doing the opposite quite sad to see

Well, it is how you think about it. Let's see on the macro perspective, with Fiat money, the government keeps on printing it and those on the higher authorities keep enjoying the free printed money. With Bitcoin, this cannot be done as its supply is limited and if you want to have a lot of bitcoin BTC, you need to buy it from the market at the current market prices. This means that Bitcoin does not have inflation. and hence you can see the difference quite clearly.

However, don't think that crypto will be evenly distributed between rich and poor, you need to have skills, business or any other form where you have the money to invest in crypto. Just like you have to work for paper money, you need to work for bitcoins too but the difference is that your bitcoin will be valuable over the period of time while fiat money just depreciates with time.

Usually these kind of lines came from into those people who dont appreciate nor really that even aware on what cryptocurrency is or simply they had really that lost up huge or bigtime into their investment and this is why
they would really be saying up such things on which it is really just that obvious that they would really be saying up things on witch on the things that the do have in mind. Its a common approach and its a common
words with those people who didnt been able to slurp up some profits on this crypto space. Scam on the sense that they had been experience scams literally. Just like been said that just let them be able to realize
those things ahead on their own and sooner or later they would really be just jumping in again into this market just because they have realized something.

Crypto is a scam on which you would say and it would really be just that normal that you would really be having those thoughts if you werent that been informed
on what crypto is or just basically molding up those words on which you are really that believing into something which it isnt really
even true.