Post
Topic
Board Nigeria (Naija)
Merits 1 from 1 user
Re: Balancing Financial security and Bitcoin Accumulation
by
kanftka
on 07/08/2025, 09:19:45 UTC
⭐ Merited by JayJuanGee (1)
The true fact is that bitcoin and other crypto coin are all called or classified as cryptocurrency however they are not the same they are totally different from each other
For the sake of newbies, it's better not to use the term crypto currency to address Bitcoin as this can often turn out to be misleading and pass the wrong idea about Bitcoin. I feel it'll be more appropriate to call it a digital asset instead of crypto currency as digital asset best describes the nature of Bitcoin and not crypto currency. Using the term crypto currency will only make people see or compare Bitcoin to all of them shitcoins, which is not only an insult to Bitcoin but also the biggest misconception an investor or anyone would have about Bitcoin. So it's best to completely avoid the using the term crypto currency when talking about Bitcoin.

I largely disagree with you on this one, Bitcoin is a crypto currency as well as a digital asset, do you know what else is a digital asset, the so called shit coin, NFTs, gift cards, shares and bonds, e.t.c but guess what, not all are crypto currency, heck Bitcoin is more of a crypto currency than a digital asset.
Do you know that Alibab, Amazon, and some e-commerce websites are all digital assets to their respective owners, if the site shuts down, that's the end of their business, or source of income.

OsaiEmma, I think you missed the point Tungbulu was trying to make.. Maybe take a little moment and read what he said again, not just the words but the context… He’s simply saying that using the term cryptocurrency to describe Bitcoin does more harm than good, especially to newbies…

Let’s be real, the word crypto has become so watered down these days. It is being used to describe every shit coins… So when you group Bitcoin with crypto, you’re unintentionally putting it in the same box as all of these shit coins and scams. That is the exact kind of miseducation we should be avoiding, especially for new people trying to understand what Bitcoin really is.

His point is that it is better we just call it Bitcoin or refer to it as a digital asset, because that separates it from the noise…

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And also if you want to reply to 2, 3 or more different persons at once, it is possible and actually quite simple, rather than replying to each messages separately.. You just need to make use of the quote feature properly...

Firstly: Start by clicking the Quote button under the first person’s post. This will open the reply box with their message already quoted. The you type your response directly below their quote.

Secondly: you go to the second person’s comment, click same Quote, copy that entire quote, and paste it below the first reply… The do the same thing for the third person or more….

Lastly: you’ll have three quotes in one post, each followed by your individual response….

Example:
(quote author=User1)
Their comment here...
[/quote]
Your response to User1 here.

(quote author=User2)
Their comment here...
[/quote]
Your response to User2 here.

(quote author=User3)
Their comment here...
[/quote]
Your response to User3 here.

And so on…