Cryptocurrency: An Opportunity To Make A Difference
(Edited)
This is a great opportunity to impact the lives of many people around the world.
In this video I discuss how it is easy to fall into mooning but we are already seeing examples where we can help people out.
This is a major opportunity that we do not normally see.
▶️ 3Speak
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Your current Rank (22) in the battle Arena of Holybread has granted you an Upvote of 20%
It seems to me that the Venezuelans have had the most staying power on Steem an Hive. Even now, many of them earn the kind of income that can make a real difference. They make up a large crowd and from that crowd talents can emerge who can draw in even bigger crowds.
Posted Using LeoFinance Beta
Yeah Venezuela holds up some great communities here. If Hive was more developed I really think the whole of Latin America would be celebrating this chain. Time will tell. As you say the people here have drawing power!
It is one success story at a time. Hopefully word starts spreading among the people who are gaining a benefit here to those close to them.
The proof is in the pudding as they say and with LEO already helping a few people already, we could see more added.
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Well, I'd say not only the Venezuelan community but the Nigerian community as well. Word is spreading at break neck speed and whoever has a mobile phone and internet connection is here already. The necessity of earning a cent or to (no matter how) is forcing them.
Posted Using LeoFinance Beta
Without a doubt Nigeria is a center where this discussion applies. Hopefully word is spreading there too.
We could include almost all of Aftica as well as Central and South America.
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It amazes me how Leo is solving an issue that some billionaires could not. And they never talk about the system being the problem but limited banking access which is a fallacy. Makes you wonder what these non-profit foundations are doing??
Posted Using LeoFinance Beta
They were never interested in solving the problem.
Usually paying a lot out in salaries to managers and executives who do little work. They are not interested in solving problems either, simply are cash cows to pay those close to the project founder.
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I think some of the poorer countries may benefit the most from social crypto in particular. It is small drips of money they can earn, small to us I should say, but it could be very large to them. I saw a post where a guy said his introductory post earned him 2 months wages in his country. And then that post went viral and he probably earned a years salary. Crazy... crazy awesome.
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Yeah it is, really awesome.
Want to know what is better? It isn't as if we had to take money out of our pockets for them to get that. Instead, it was the upvotes of the community that ended up paying that individual the 2 months wages.
It is very uplifting to think of how much impact we can have simply pressing a button on our computer can have on someone else thousands of miles away.
Posted Using LeoFinance Beta
All in all I feel Crypto and opportunities like Leo and hive can go farther into providing stability for people in terms of finance more than any government would it's and listening or hearing so many stories on hive usually thrills me
Posted Using LeoFinance Beta
Without a doubt.
You see what the situation is in your country, one that isn't exactly on the list for wealthiest in the world. Like many, the wages do not cover even the most basics of costs.
Crypto can help a great deal. I just wish more would follow your example.
Posted Using LeoFinance Beta
There will be more I guess, I feel people are still living in ignorance of how they can build and create their own wealth, it seems like a mirage to them
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That is very true. It is also why we need success stories, those that people can follow.
It is a lot easier for someone to follow when one says "look, this is what I did" instead of saying "do this".
When there is a model for others to duplicate, others have an easier time.
Posted Using LeoFinance Beta
That's true, a success story tends to sell the possibilities and people can then key into the believability they can also achieve it, it's still a long shot though, I was someone who keyyed into a success story before I came to steem then hive.
Summary:
In this video, the speaker discusses the current focus on Bitcoin in the cryptocurrency world, acknowledging its potential for significant growth and wealth creation. However, he emphasizes that Bitcoin may not be accessible to many due to the need for initial investment. Instead, he highlights the life-changing opportunities that other cryptocurrencies and projects can provide, especially to individuals in developing countries. The speaker shares examples of how people in Venezuela and Nigeria have benefited from participating in cryptocurrency projects like Leo Finance, impacting their ability to afford basic necessities like food and medicine. He underscores the potential for cryptocurrencies to uplift individuals financially, even with modest increases in income, and advocates for focusing on impacting humanity positively through decentralized means.
Detailed Article:
The video starts off with the speaker acknowledging the recent buzz around Bitcoin and its impressive performance in the cryptocurrency market. He points out the bullish sentiments surrounding Bitcoin, with predictions ranging from 100,000 to 1 million. The speaker reiterates his belief that Bitcoin is akin to digital gold, hinting at its potential to grow significantly as Millennials inherit wealth from the older generations.
The speaker then delves into the accessibility of Bitcoin, highlighting the requirement for individuals to convert existing assets into Bitcoin, which may not be feasible for many due to financial constraints. He argues that while Bitcoin presents lucrative opportunities, it may not be suitable for the majority of people worldwide, especially those struggling with financial stability.
In contrast, the speaker directs attention towards the broader cryptocurrency space, emphasizing the increasing number of projects and tokens that offer diverse opportunities for participation. He underscores how these projects can provide avenues for more people to engage in the cryptocurrency market, potentially changing their financial situations.
The speaker illustrates this point with a real-life example from Leo Finance, a cryptocurrency project where individuals from Venezuela have been able to address their basic needs such as food and medicine through earnings on the platform. This example serves as a powerful demonstration of how cryptocurrencies can have a tangible and life-changing impact on individuals in developing countries.
Additionally, the speaker stresses the importance of focusing not just on the potential for massive wealth creation in the cryptocurrency space but also on the significant impact that even modest financial gains can have on individuals in need. He poses thought-provoking questions about the ability of cryptocurrencies to uplift humanity by providing substantial income increases, especially for those living in impoverished regions.
In conclusion, the speaker advocates for a collective shift towards leveraging cryptocurrencies to positively impact humanity, particularly by uplifting those in financially vulnerable situations. He emphasizes the power of marginal financial gains at lower income levels and encourages a decentralized approach that prioritizes catering to the masses and onboarding a large number of users to create a meaningful and widespread impact.