I totally hear u and know from experience growing up as well what ur talking about. It’s not a magic bullet obviously.
That said, I’ve done a deep dive on whether or not those below poverty both in the US and in less developed countries save money. The answer in both is that yes, some do save but of course not everyone. However the probability of saving appears to increase once barriers are removed (initiation fees, maintenance fees, etc when it concerns banks).
The other part we both know is that education is key. It takes a long time to learn that saving in bitcoin very well may be the only chance to exit poverty over time. Once people know that this method is their best bet, perhaps more will save and never sell.
In the end, not everyone will be able to. Hopefully over time more will realize this is the way and even if only thru very small amounts it’ll one day add up. I remain hopeful.
Appreciate greatly ur perspective as it’s crucial to learn as much as possible so that we can keep trying to teach to our best ability 🤝🧡
WaldoStackjoiner /
npub1mv…esx77
2023-04-15 17:12:43
in reply to nevent1q…u6h9
Author Public Key
npub1mvm0wzfrfxx559u36c8kkplav0p0lxnhhjh2nvza07snx65nkkjseesx77Published at
2023-04-15 17:12:43Event JSON
{
"id": "da9c4c4b2e03cd545d02ab901d7e0cd4f86ce10cb3e3f4adc932a5ad6d085644",
"pubkey": "db36f70923498d4a1791d60f6b07fd63c2ff9a77bcaea9b05d7fa1336a93b5a5",
"created_at": 1681578763,
"kind": 1,
"tags": [
[
"e",
"fec2accff94b5d1ee399dfcb66aded1cd3624c43a5ae4d15a482185a0fc83334"
],
[
"e",
"eac4a4e50e29fe629e44f29e8192b158b468593660acd72813602bcc5d4ef8d5"
],
[
"p",
"4d0068338af5ee79c06513deaaf02492247bbf7abd29f116e6e50c158ab6a677"
]
],
"content": "I totally hear u and know from experience growing up as well what ur talking about. It’s not a magic bullet obviously. \n\nThat said, I’ve done a deep dive on whether or not those below poverty both in the US and in less developed countries save money. The answer in both is that yes, some do save but of course not everyone. However the probability of saving appears to increase once barriers are removed (initiation fees, maintenance fees, etc when it concerns banks). \n\nThe other part we both know is that education is key. It takes a long time to learn that saving in bitcoin very well may be the only chance to exit poverty over time. Once people know that this method is their best bet, perhaps more will save and never sell. \n\nIn the end, not everyone will be able to. Hopefully over time more will realize this is the way and even if only thru very small amounts it’ll one day add up. I remain hopeful. \n\nAppreciate greatly ur perspective as it’s crucial to learn as much as possible so that we can keep trying to teach to our best ability 🤝🧡",
"sig": "72d0b606c7d586eeb0ec1d7ca6df1ca724cf242501bb026be0719bbc34dfd1b89ee32b4e6d8b6104b7f3264926f9935f341aebda3ff63819a9c8d21d4a1874cb"
}