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Board Beginners & Help
Re: Question: How is Bitcoin helping poor people?
by
avp2306
on 07/03/2025, 22:16:23 UTC
I have never known that a Bitcoin is helping poor people; all I can say about it is that I know that many people and nations are benefiting from it, which is why it has become the most popular cryptocurrency globally. due to how people benefit from it, but I stated that it has helped the poor. This is the first time I heard that.

Furthermore, bitcoin can make a person become wealthy. This implies that if you have knowledge about how the bitcoin investment operates, it will help people turn what they didn’t expect within a few days because anyone who invested in bitcoin always got a huge reward in the future.
It's not mission of Bitcoin to help anyone richer. It is for everyone, and if the poor person can see potentiality of Bitcoin, learn about it, have good knowledge about it, then strong belief in Bitcoin, that person can do a last important step, invest money in Bitcoin. Also, by understanding well about Bitcoin, the person will hold bitcoin for a long time to get better ROI.

This is how a poor person can improve his finance with Bitcoin, but it's individual life and decision, so Bitcoin does not automaticallly help people getting richer. Bitcoin is here and what they do with their money, will decide that they will get richer with Bitcoin, or nothing will change.


Those misconceptions is the one kill their hopes since they really think Bitcoin could help to solve their poverty while the fact is Bitcoin is just a tool which they can use to take advantage to gain money online. Its just the same with their fiat currency but these people fall on fake promises to easily get rich that's why we see lot of these newbie got scam its because they go on get quick rich scheme scam platforms.

If they just spend sometime to understand what Bitcoin is and how they can earn money with it for sure that they would never think about something like easy money with Bitcoin.

They can improve their lives if they are resourceful to know what is best approach with this coin and they also know how to avoid scam. Bitcoin holding may take time but this is best investment choice these people could take.