Quote from: Z_MBFM on Today at 06:19:13 PM

Quote from: CamilaStar on July 08, 2025, 07:29:43 AM

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.

Bitcoin is not only for the rich, anyone can invest any amount in Bitcoin, there is no limitation. However, Bitcoin is a big advantage for the poor. Because the amount of profit that can be obtained by investing in Bitcoin cannot be obtained by investing in anything else. So it is possible to get a good amount of profit by investing some amount in Bitcoin. So it is more suitable for the poor than the rich. The rich can strengthen their final position by investing in different places but this is not the case for the poor so I would say Bitcoin is not for the rich but a great opportunity for the poor to change their financial situation.

You are absolutely right and I completely agree with you. Bitcoin is a great opportunity for the poor to generate good revenue in a short period of time. But since it is a volatile currency, the poor are very afraid to invest in it because they do not have huge amounts of money that will always provide them with financial support. Due to this, they may need to sell their Bitcoin at any time in an emergency. And then they will be forced to sell at a loss. And this continues with the poor. Due to which even though Bitcoin is a great opportunity for them, they miss it.