Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin just for the rich?
by
@boxexchanger
on 10/07/2025, 09:44:18 UTC
Someone said that Bitcoin is for the rich, but that's not completely true. It might feel like Bitcoin is for the rich due to the media focuses on celebrities and billionaires buying and benefiting from Bitcoin. This creates a perception that Bitcoin is a rich person's asset. Even during network congestion, fees can spike making small transactions very expensive. But let's not forget that Bitcoin is neutral, it can empower the rich or help lift the poor, it actually depends on how communities adopt it. So understand that Bitcoin is for everyone, you can buy tiny fractions, not until you afford a whole Bitcoin.

You make a strong point. While Bitcoin is often associated with the wealthy due to media coverage, it was designed as an open and inclusive financial system. Its divisibility allows anyone to participate, even with small amounts. Though high fees can be a challenge at times, ongoing improvements aim to make it more accessible. Ultimately, Bitcoin is neutral—it can serve both the rich and the poor, depending on how it's used.