Re: Question: How is Bitcoin helping poor people?

Quote from: LogitechMouse on March 08, 2025, 03:53:04 AM

Quote from: bad23 on March 01, 2025, 05:08:37 PM

I have read many posts about Bitcoin helping the poor people in countries around the World but I would like to find out more about this.

I wonder where did you saw those posts that you're saying. Cheesy

As for Bitcoin helping poor people, it can be AS LONG AS you know how to maximize it. What do I mean by that? I mean when you're buying Bitcoin back when it was still a hundred dollars or even a thousand dollars, and you sold it right now, you made a ton of fortune already just by holding Bitcoin. If you bought Bitcoin back in 2022 when it was still at $20,000 more or less, you could've 5x your money already which is a huge profit especially for poor people. Like I said, Bitcoin can help you become better in life, but only if you know how to maximize it. That's why many are learning how to use it. Even just the basics of Bitcoin could help you.

Bitcoin can change somebody's life whether in a positive or negative way depending on how they will use it.

Bitcoin can be a life-changer and get rid of poverty only if you are aware of the potentials of bitcoin and maximize it from your basic knowledge and understanding. But if what you are thinking that bitcoin could make someone instantly rich, that won’t never be possible. There are high risks with bitcoin that can make a poor person even poorer and the rich becomes poor as well, but if you are smart enough on how to get rid of those risks and maximize the returns instead, that way you will be rich but it still takes time.