If they have 10 Bitcoins, of course they have a good understanding of how Bitcoin works because it is impossible for them to dare to buy large amounts and they panic when they see market conditions and sell them at a loss and related to the standard of living, it really depends on a person's personality. There are those who keep Bitcoins. with many still choosing to live simply and not show off the assets they have.
To be able to make a profit from altcoins, of course we have to do in-depth research so that we don't choose the wrong type of altcoin and result in losses from buying the altcoin.

There is no need making this look complicated. Cryptocurrency is just like every other normal investment that people do with the expectations of profits. Investments that generates profits will definitely make life better for the investor. As we all knowing, investing in the right cryptocurrency such as bitcoin have proven to be a wonderful option for everyone willing to hold it for long until at least it yield some profits. So, cryptocurrency improve standard of living in many ways. A good example is the those who bought Bitcoin early last year and held till date are already sure of at least double of their capital as profits. This shows how good an investment option cryptocurrency is.

We're saying the same thing because the point I was making in my post about cryptocurrency is that, it's not only a currency but more of an investment and those that are making use of it as an investment are making profits and all they have to do is just to buy and hold. Your standard of living can improve by investing in Bitcoin, your expenses will be handled by the profits you're making from Bitcoin and other cryptocurrency either by trading or holding. If you're a very self controlling person when you start making extra income from the profits your cryptocurrency investment is giving you and you don't spend them all on unnecessary things, you can make your standard of living improve. The more you're getting money is the more you can improve your standard of living and investing in Bitcoin is a good way to make money.

Increase the standard of basic knowledge through knowing not just about the ecosystem and economics of cryptocurrencies but also about the technology that's behind it.

I get about what he's talking about is the byproduct of investing in crypto. Like he's thinking of increasing his standard of living but in general, it is not crypto that shall increase the standard or way of living but his approach towards life and having more sources of income. So someone has to be that good in anything that he does not just with cryptocurrency investments but also in any profession or trade that he does. Because without having that upgraded skill in the job market or in managing a business, how can you increase your standard of living if you're not even receiving that much cash flow and source of income? That's why from there, start from the resources that you know that can help you out in growing.

what do you mean by people not use it as a currency? i think everyone who knows about crypto currencye and using it for any purpose (trading, investment, or buying stuff) they know that Crypto is a currency and they are using it as a currency.
if you are trying to say about use of crypto in real life then that is a different thing but even then it is very easy to exchange (withdraw) crypto in real currency and use that to change the standard of life if anyone want too.
the thing is having money doesn't change the standard of living, but people can change their life standard by properly using it. there are so many people living a better life than people richer than them.

If they're willing to learn cryptocurrency, and how to earn through it then their life "MIGHT" change with the help of it.
Aside from that, cryptocurrency isn't a one-stop shop for all the financial problems of those poor people out there. It isn't like a "You will invest in crypto, and your standard of living will increase" kind of thing. Of course, you need to learn how cryptocurrency works as well.

Are you concerned with those uneducated people? If they're unwilling to learn, their lives will not change. If they're not willing to learn crypto, crypto will not help them as well. Yes, we've seen investors who changed their lives already with the help of cryptocurrency, but before that, they learned as well. They educated themselves that's why they became successful. If those uneducated people aren't willing to change their mindset, they will remain poor for the rest of their lives, and crypto will not help them.

Cryptocurrency is just a tool for us to increase our standard of living. Those who are willing to spend time to learn it will be the ones that will become successful, and vice-versa.

There have been a lot of discussions on this topic and in many of those discussions we didn't fail to point out the economic benefits of Bitcoin to an individual since we consider Bitcoin as a form of long-term investment and financial goals,  Bitcoin has the ability and chances to improve anyone financial life and also help sharpen your investment mindset since Bitcoin should be approached with a long term goals and expectations.

And while you are at that,  you may also choose to go deeper in knowledge about Bitcoin and its related subjects like blockchain and the rest of them all,  also for short-term speculators and analysts who engage in Bitcoin discussion,  knowledge sharing and the rest of them all,  just like you and I and many others who are not on the forum but engage in bitcoin discussions and another form of market analysis and usage.

If the unemployment rate is high in the society, people are not educated only for financial income. People are educated to develop mentally and socially to a higher level. If people try, they can choose income path from other side such as entering cryptocurrency or investment from here they can earn money.

Permissionless cryptocurrencies enable people to store short and long-term wealth not vulnerable to any counterparty defaults and other systemic risks. It's just like having digital gold.

The unemployed or people who don't have jobs must be given more attention by the government and also by themselves in getting jobs and business capital from the government. Because of this, the unemployment rate can be reduced and more people will not have difficulties because they do not have work and money at this time. Now finding work and money is almost as difficult so that the unemployed in each region must have a touch of capital from their own government in addition to continuing to make efforts through themselves to also look for job vacancies.