Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin just for the rich?
by
Sammye3
on 17/07/2025, 20:15:15 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.
Definitely, Bitcoin is for all as there are no restrictions whatsoever as to purchasing it. There is no standard amount of Bitcoin for purchase that could limit the poor people from actually buying Bitcoin. It's eco-friendly nature makes it easier for people to buy.