Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin just for the rich?
by
aylabadia05
on 13/07/2025, 15:55:49 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.
Because the price of Bitcoin is expensive so what people mean by saying Bitcoin is for rich people is not entirely wrong if you look at it from that side.
Bitcoin is for anyone who wants to have it and Bitcoin is not intended for one group of people.
People who see Bitcoin when the price is high like now and don't want to see how the historical data of Bitcoin since it was first in this space, then people's minds will think that the only way to get rich is through Bitcoin. That needs to be straightened out.

At least you already know why people should have Bitcoin. Don't just look at the price.