Are you an idealist? | Bitcointalksearch.org

hushbush

newbie

Activity: 3

Merit: 0

Quote from: franky1 on March 12, 2018, 01:10:37 PM

Quote from: daduremi on March 11, 2018, 05:56:41 PM

the government can not intervene in bitcoin trading,

yes they can.
if your trading bitcoin for fiat. then the country that owns/licences/tenders the fiat can intervene on anything involving their fiat.
even if 50% of the transaction is bitcoin related. if fiat is involved, the bitcoin part of the trade wont absolve you of any fiat responsibility.

however.. as an idealist, here is my opinion
if bitcoin was traded for goods/services then its no longer treated as currency exchange/money business, but acting as a retailer.
so if we take away the bitcoin<->$£ valuation and instead replace it for a btc<->'COL'(cost of living index).. or to put it simply 1btc=10,000 loaves of bread.. then bitcoin can be free from the fiat regs and government wrist slapping

Yes, govt can manage fiat money in their own way to undermine bitcoin. And if bitcoin would be a real treat to fiat money hegemony (exchanging goods and services for bitcoin), then i think govt of every single country would be searching, for possibilities to regulate bitcoin ecosystem, and turn btc to exclusively govt owned system of wealth transfer. What you think about this possibility?

Toroko

newbie

Activity: 46

Merit: 0

in some things, yes, and sometimes it is superfluous.

Fazlurkhan.kz

full member

Activity: 266

Merit: 114

You mean have total control over your own belonging? If that makes me an idealist then I'd love to be that or anything until I'm given control over what is mine.
It might be an issue for some people by them spending too much as no one else would control them but the majority needs that control.
And yeah, My government and all the banks here don't allow me to purchase crypto with their card, so they kind if intervene.

franky1

legendary

Activity: 4270

Merit: 4534

Quote from: daduremi on March 11, 2018, 05:56:41 PM

the government can not intervene in bitcoin trading,

yes they can.
if your trading bitcoin for fiat. then the country that owns/licences/tenders the fiat can intervene on anything involving their fiat.
even if 50% of the transaction is bitcoin related. if fiat is involved, the bitcoin part of the trade wont absolve you of any fiat responsibility.

however.. as an idealist, here is my opinion
if bitcoin was traded for goods/services then its no longer treated as currency exchange/money business, but acting as a retailer.
so if we take away the bitcoin<->$£ valuation and instead replace it for a btc<->'COL'(cost of living index).. or to put it simply 1btc=10,000 loaves of bread.. then bitcoin can be free from the fiat regs and government wrist slapping

solopay669

newbie

Activity: 90

Merit: 0

Quote from: daduremi on March 11, 2018, 05:56:41 PM

the government can not intervene in bitcoin trading, so the bitcoin is developed with idealism. People who have bitcoin accounts and bitcoin balances will become idealists because they are required to analyze their own bitcoin currency. this idealist becomes the advantages and disadvantages of bitcoin.
the negative effect , If someone becomes more idealistic , that's not good for that person's character.

do you now feel, if you have become an idealist? Huh

I agree with you, but the government intervenes as always in every sphere

daduremi

jr. member

Activity: 252

Merit: 9

the government can not intervene in bitcoin trading, so the bitcoin is developed with idealism. People who have bitcoin accounts and bitcoin balances will become idealists because they are required to analyze their own bitcoin currency. this idealist becomes the advantages and disadvantages of bitcoin.
the negative effect , If someone becomes more idealistic , that's not good for that person's character.

do you now feel, if you have become an idealist? Huh

Topic: Are you an idealist? (Read 177 times)