Bitcoin truly is a gift to the world but it could have helped so many more people. It's a shame that it only truly benefits a small portion of the global population. It could've changed the world on a comprehensive societal and economic level.
Any thoughts?
Post like this, makes me feel like that people like the op are putting so much pressure on bitcoin and over expecting a whole lot from it.
Just as the first response said that, gold and silver are free gift from nature but yet, only a few own it but no one actually cares about the majority who don’t have it so why should people now care about people owning bitcoin who is still in an infant stage as compared to gold and other free gifts of nature?
Everyone has their choices of investment and bitcoin is accepted by those who believe in it and owned by those who can afford it.
I know of people who have great knowledge of bitcoin(atleast the preliminary knowledge of buying, holding and its benefits) but yet don’t own it because they can’t afford it, I believe we can’t mount any pressure on such people because of preferences and challenges aren’t the same.
In one way, people took more time to understand what bitcoin is. When people started to realize the value of bitcoin, it had gone out of hand. This way, the majority of the people have missed the opportunity. Every time such a thread gets created, it is able to see users stating, even now it is good to invest. Maybe it
With the help of DCA method, I think anyone is welcome to invest at anytime regardless of the market price of bitcoin, hence I wouldn’t say they’ve missed the opportunity.
At some point, I think it’s best to have a good and proper knowledge of the market and industry before jumping into it as it is always said that, the maker is a volatile one and everyone is solely responsible for their actions that’s why it’s always preached to only invest what we can afford to lose.
In conclusion, bitcoin still has a very long way to go to achieve it’s primary objective as a digital currency for legal tender globally but for now, it’s worth saying that, it can’t favor everyone.