Post
Topic
Board Economics
Re: Cryptocurrency impact on Economy
by
fuguebtc
on 09/03/2024, 03:40:34 UTC
How can a financial market full of risks and fraudulent traps bring stable income or jobs to people? I really wonder about this because in my country, many people become rich by investing in cryptocurrencies but many people are also losing money and going bankrupt because of cryptocurrencies . How can we say it is about creating jobs and stable income to improve the lives of people in a country?

Easy, just because you believe people when they say, where I live many people have benefitted from Crypto.
Most Crypto enthusiasts from my area won't touch crypto any more due to bad experiences. The connected Crypto with trading, Crypto is innocent, it is humans who fraud humans.

A reality check is all you need. No quotes of a story from a believable source and it's an opinion no more.

In your opinion, what is cryptocurrency? As I asked the question above, does it create jobs and provide a stable income? And are you all getting a steady income from trading and investing in cryptocurrencies? And is it easy to profit from trading? Can someone give me proof that you are making money daily from trading ? Also, you always say that many people have become rich by investing in cryptocurrency but what is that number , and what percentage of the country's population does it represent?

The financial market is no different from a battlefield, money will flow from weak hands to strong hand , don't be too delusional that cryptocurrency is a paradise that anyone can become rich. the bookies create the game and do you think they will let everyone win and they will be the losers ?