Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin just for the rich?
by
Olamidetechie
on 03/09/2025, 15:57:07 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.

Lol BTC is not for the rich, but for now it has gotten to a level whereby common people may not be able to afford it, so it is better to look for other things to invest in.