Knowledge is not enough to make you a successful person, If indeed knowledge is enough many of graduates that are running around the street unemployed and a very knowledgeable, even graduated with 2.1 and 1.1 should be having a top executive jobs with over paid salaries but life isn't that way, this shows you that knowledge isn't enough, even in cryptocurrency. There are people that are having knowledge of crypto and sadly they have the wrong ones.

Someone might be in crypto space today and claim they have the knowledge to understand everything, they will but they can't even difference between custodial wallet and non-custodial wallet. In fact many of them will choose custodial wallet as been the best over the non custodial, they will tell you that Binance is better than personal wallet but this is wrong yet the exchanges feels like they are actually the best place for deposit of coins which is wrong.

Posting 30+ replies in a day, and 100+ within a week (mostly on the economics board) seems eagerness for ranking up in short duration. Meanwhile all the Bitcoin related information about what, why, when, how things are pinned in the top of Beginners and Help sections, but op in the very first is helping other newbies to choose wallet between Ledger/Trezor/MetaMask for storing cryptos for long term but they themselves are perplexed about what to choose for them, just a ridiculous.



Connect the internet after you login into electrum, once your device gets connected with the internet, it will turn green light from red thats shows your device is connected online and keeps synchronizing with network.

Posting 30+ replies in a day, and 100+ within a week (mostly on the economics board) seems eagerness for ranking up in short duration. Meanwhile all the Bitcoin related information about what, why, when, how things are pinned in the top of Beginners and Help sections, but op in the very first is helping other newbies to choose wallet between Ledger/Trezor/MetaMask for storing cryptos for long term but they themselves are perplexed about what to choose for them, just a ridiculous.



Connect the internet after you login into electrum, once your device gets connected with the internet, it will turn green light from red thats shows your device is connected online and keeps synchronizing with network.

Start it with wallets like Electrum[1]. That's a good start for you while you're still thinking about which wallet you'll use together with your family. But we highly advise everyone to buy their very first hardware wallet. Do not forget to download the wallets that you are decided to use from their official websites. And if you can't still think of it, you have various choices[2].

[1] https://electrum.org/
[2] Choose your Bitcoin wallet

If that is the point, you are very correct. But you do not need to include financial to it next time. Just call it 'freedom'.

OP must think that financial freedom is when you can send money from any location in the world, but that is far from the real meaning. The real meaning is just what you have said.
Financial freedom is when someone is no longer poor, and bitcoin does not make that possible. If you must be free from poverty, you have to have created multiple sources of income for yourself.

Bitcoin makes it possible to make transaction globally all at your home but not a financial freedom. Financial freedom is when you can live comfortably without depending on any job.

Bitcoin can not solely help in economic stability. That is not possible.

But bitcoin can be a store of value, an hedge against inflation and also an investment as it can be a speculative asset in short term.

Both are as important in my opinion.

Knowledge without the resources will go nowhere and just having the resources will almost guarantee you of failing if you have the resources then you should do everything there is to learn about crypto or whatever can be used to make profit with your money and if you only have the knowledge to start with you should also start finding ways to find the money to put this knowledge in action. Others may argue which one is more important but like I said if you only have one out of the two, there would not really be a lot of progress. We should aim for higher standards and make sure that we are not stuck in one place and always try to improve on what we lack.

Also, I do not know does this fit bitcoin discussion exactly?

You should revise your perception about cryptocurrencies. Not all cryptocurrencies are scams except Bitcoin. You can research the top cryptos. Bitcoin is the best of the best, with its vastness compared to other currencies. You are a new member and you need to learn more about Bitcoin so try it regularly. Known as a store of value, Bitcoin offers higher profit potential through long-term investment compared to investments in globally recognized real assets. Saving money in a bank or insurance company means you have entrusted your assets to a third party thats centralized control. Holding Bitcoin means you are the sole controller of your assets, without any third-party control and in a decentralized system.