Is Crypto Investment Really Good For the Society?

[Lily]

Once, someone asked Bill Gates why he doesn't invest in Bitcoin like other big entrepreneurs. He replied that he only invests in things that help and improve people's lives. According to him, Bitcoin and other cryptocurrencies don't contribute to people's well-being. Maybe Bill Gates is right. A few weeks ago, Bitcoin was $48K, and now it's $39K. If you compare the current price with its all-time high, Bitcoin has dropped by more than 100 percent. Did Bitcoin really make lives better? In my opinion, it's better to invest in something that benefits people. Why put $1000 in Bitcoin when you can buy Tesla stocks with that money? Tesla is a superior choice because it actively improves people's lives What do you think about this argument?

 

[Heatman]

As far as I'm concerned, cryptocurrency have been so good for the society because it brought so many opportunities for youths to make money. With the governments not doing anything to make jobs available, cryptocurrency brought ways to the people to make money.

 

[Riberet19]

The question you should be asking yourself, are they good for you or do they solve something for you? In my case, Bitcoin for example helps me with cross-border payments and as a store of value, so if you ask me, they have done well.

 

[Heatman]

The question you should be asking yourself, are they good for you or do they solve something for you? In my case, Bitcoin for example helps me with cross-border payments and as a store of value, so if you ask me, they have done well.

This is a fact! There are so many countries that doesn't support all the payments processors like PayPal CashApp and the rest but with cryptocurrency, payments can be sent and received from those countries.

 

[Henrywrites]

Yes, it is good. One thing that is important is for anyone looking to trade to focus more on getting better knowledge on how the market works. This will give you an idea of what next to do when it comes to buying and trading your favourite coins.

 

[Kennysplash]

Cryptocurrency has made a lot of people millionaires. It has also offered the masses alternative ways of payment for goods and services. It is obvious that it has done a lot of good for humanity.

 

[Heatman]

Cryptocurrency has made a lot of people millionaires. It has also offered the masses alternative ways of payment for goods and services. It is obvious that it has done a lot of good for humanity.

True! I can't remember the last time the government of my country announced massive job opportunity for the citizens to get employed and have something doing but with the existence of cryptocurrency, people have found ways to be able to work with the system of cryptocurrency and blockchain and make a very good living for themselves.

 

[Shortie]

As much as I have not made a whole lot of use of cryptocurrency over the last few years, I have seen how much it has been beneficial to many, especially in terms of being able to receive money for jobs they offer online to earn their pay. Many places still do not have access to PayPal and in some case, crypto is there only option, if it wasn't for that, many more than likely wouldn't have been able to earn and work the way they do now.

 

[uptrendfinancialsignal]

I don't see anything wrong with cryptocurrency investment. It's like any other type of investment. So, does it have an impact on the society? Yes, it does for its profitability, which can be of great benefit to society.

 

[Suba1]

In choosing an investment instrument, we must prioritize risk profile, skills and tastes. Crypto/Bitcoin is known as a very very high volatility instrument, so at least investors must have an aggressive profile. Tesla stock is a blue chip so it will be more suitable for moderate investors. If we buy a stock, it means that the issuer will have more capital and the company will be smoother and will have an impact on society, but Bitcoin makes more profit for itself.