Post
Topic
Board Nigeria (Naija)
Merits 8 from 3 users
Re: I trust BTC more than I trust my bank
by
Perfectbaby
on 22/04/2025, 09:56:53 UTC
⭐ Merited by Igebotz (4) ,Africolo (3) ,davis196 (1)
I don't think that saying positively about Bitcoin will  make people to think that it's a get rich quick scheme or will prevent anyone from investing or shifting peoples focus or perspective about the whole concept of Bitcoin investment. I know that bank is important because  of its stability Over Bitcoin that is volatile. I will like you to understand that Bitcoin is good and fiat is good also, but in times of wealth creation you should  think of a volatile asset like Bitcoin.
You people usually misunderstood something about bitcoin and I really want them to know that bitcoin is not created as a competitor to fiat but rather something to assist fiat and scale through were fiat might be seeming to have barrier then bitcoin could help.
For instance; Let say you wanna transfer like $4B dollars and you know that your bank app can't allow you do that at night or even at the day time you must pass through several questioning before your bank could allow you execute that, meanwhile you could be having emergency out there sort out things with such amount but for the sake that you must wait while your bank approves your payment could make you lose such things is where bitcoin or cryptocurrencies plays in. You have the power to transact any amount without the need of going to any third party to carry out transactions, all you need to is just to have their address copy and past then approve transaction without any third-party questioning you for any reason. But currently people now found it interesting as an investment due to its price increments over the time.