Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin just for the rich?
by
Onyeeze
on 17/07/2025, 21:40:49 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.
People do say anything they feel like concerning bitcoin so from my own understanding bitcoin is not meant for anyone, bitcoin is for everyone that have the interest on bitcoin, if the rich have interest on bitcoin that means they will invest on it, If the poor also have interest on bitcoin they will also invest on it, so therefore bitcoin investment is meant for everyone from my own understanding,but some people misunderstood bitcoin investment if I'm not mistaken, because they are some people who says bitcoin is for scam and some people also said bitcoin is not for scam, so their is a lot of controversial statement by people concerning bitcoin, so it left for us to make research and decide on what to do.