Post
Topic
Board Economics
Re: Do you think Bitcoin can end poverty? In a nation today
by
Assface16678
on 16/04/2024, 23:34:55 UTC
For me proverty is not the problem of a person but of the whole nation in my country the eradication of poverty has becomes necessary for the sustainable and inclusive growth of the let state the fate here Bitcoin has helps the poor by Increasin their savings and access to capital also it has help around 1.7million people in my country and also it has also impoverished people to control their investment.

if you think bitcoin is a toll road for someone to be free from poverty then I don't agree with that, bitcoin does help someone financially but that doesn't mean bitcoin can immediately make a poor person rich because being rich is a combination of perseverance - skill - patience - luck

however, Bitcoin is a good alternative if someone who is poor wants to change their economy and become rich, meanwhile knowledge must also be continuously upgraded, this is important because it is impossible for someone to become rich if their insight is not broad.
Exactly! We know how bitcoin investment can bs helpful and can be a good source of income in doing different kind of things that is associated with bitcoin or crypto currency, but the thing is that bitcoin also bear with risk, because if not done with enough cautiousness then it is possible that you will lose money or your funds will be liquidated, but of course bitcoinnis free to all, anyone has the rights to invest on it in order to earn but as I said if its not done with proper knowledge, skill or even a basics then expect that you might lose money which might added to your situation, and as we kmow not all of us has the luxury or afford to lose money so it will be a very big risk if a person with just enough to live in daily basis does bitcoin stuffs, its like he will have a very big burden and at stake.