Topic: Be rich sheeple or free people, what's your choice? (Read 787 times)

- Bitcoin gets accepted everywhere, every government legalizes it, all mining is centralized, everyone must register every address with the local IRS, you're not allowed to send money outside legal addresses and miners are refusing those, every single transfer is taxed, the government can decide at any point to seize your coins and can do that with ease. BUT the value will go up 1000x times to 30 big ones!
- Bitcoin is not legal tender, but the genie makes it so that the government has no way and no intention of making any move against it, nobody is banning you from owning, nobody is taxing you, nobody cares about your KYC, AML, taxes, profit, any legal action against anything that involves Bitcoin is impossible and illegal, any seizure impossible as it would break the law, you're as free as one can be. But the price stays forever at $30,000.

No middle way, no trick, no further questions, no this or that, your choice and tell me why this and not that!

The features of this decentralization is really a blessing to this age.Decentralization provides transparency,increased security,and the ability to operate without a central authority.
Decentralization platform allows for a secure identity verification and management,this platform allows users to control their personal information and share it with trusted parties without interference from intermediaries like the bank.The approach offers privacy,security and comfortability when necessary and I enjoy every bit of it.

I was at the beach after having my evening half rack, same boring night walk scavenging for forgotten or used fleshlights and I was thinking, what if instead of one of those magic toys I get my macho pride stuck in a genie bottle? But after hitting the genie so hard in his head probably he will only be able to grant me one wish, and that on shitty conditions, what if I asked him to make me richer then Satoshi but I'd have to choose:

- Bitcoin gets accepted everywhere, every government legalizes it, all mining is centralized, everyone must register every address with the local IRS, you're not allowed to send money outside legal addresses and miners are refusing those, every single transfer is taxed, the government can decide at any point to seize your coins and can do that with ease. BUT the value will go up 1000x times to 30 big ones!
- Bitcoin is not legal tender, but the genie makes it so that the government has no way and no intention of making any move against it, nobody is banning you from owning, nobody is taxing you, nobody cares about your KYC, AML, taxes, profit, any legal action against anything that involves Bitcoin is impossible and illegal, any seizure impossible as it would break the law, you're as free as one can be. But the price stays forever at $30,000.

No middle way, no trick, no further questions, no this or that, your choice and tell me why this and not that!

Blackrock has had more wins in this regard because the company has been buying Bitcoin for a long time and holding it until recently. And it is likely that these companies will also continue to buy up Bitcoin every day to achieve more extraordinary profits because they have seen and experienced for themselves the financial freedom they are getting now through Bitcoin so that everyone also deserves to see an example of what has been done. by the company in the past until now.

Bitcoin decentralization has made it more unique than any cryptocurrency and this is why it can't be manipulated by the government. Financial freedom is what majority of people  loves in bitcoin and the government don't like it that is why they are looking for any means to see if it is possible for them to control but no way because bitcoin is beyond their power. If it happens that they eventually find a way to centralized bitcoin,then it will no longer have its potential and the price will be controlled by them. But my happiness is that for it is impossible for them to make this happen. I hate anything centralized because there is no privacy.

You're asking us for an opinion, but I suspect nobody who posted in this thread owns bitcoin ETF shares.

And it is likely that these companies will also continue to buy up Bitcoin every day to achieve more extraordinary profits because they have seen and experienced for themselves the financial freedom they are getting now through Bitcoin so that everyone also deserves to see an example of what has been done. by the company in the past until now.

This bring back memories, everyone got their 70k in the pocket  up from 30k and Blackrock got 300 000 coins in just 3 months, guess that means a lot choose the IOU sheeple promise rather than freedom!

This bring back memories, everyone got their 70k in the pocket  up from 30k and Blackrock got 300 000 coins in just 3 months, guess that means a lot choose the IOU sheeple promise rather than freedom!

I was at the beach after having my evening half rack, same boring night walk scavenging for forgotten or used fleshlights and I was thinking, what if instead of one of those magic toys I get my macho pride stuck in a genie bottle? But after hitting the genie so hard in his head probably he will only be able to grant me one wish, and that on shitty conditions, what if I asked him to make me richer then Satoshi but I'd have to choose:

- Bitcoin gets accepted everywhere, every government legalizes it, all mining is centralized, everyone must register every address with the local IRS, you're not allowed to send money outside legal addresses and miners are refusing those, every single transfer is taxed, the government can decide at any point to seize your coins and can do that with ease. BUT the value will go up 1000x times to 30 big ones!
- Bitcoin is not legal tender, but the genie makes it so that the government has no way and no intention of making any move against it, nobody is banning you from owning, nobody is taxing you, nobody cares about your KYC, AML, taxes, profit, any legal action against anything that involves Bitcoin is impossible and illegal, any seizure impossible as it would break the law, you're as free as one can be. But the price stays forever at $30,000.

No middle way, no trick, no further questions, no this or that, your choice and tell me why this and not that!

It's a shame that you limit it so that there is no middle way between the two options. Even though genies usually give 3 wishes, not two. But this seems like a different genie 

I will choose the second option, even though the price will forever be at $30,000, but every transaction that takes place has no interference from the government or central authority.

It looks like someone read a bit, right? Allow me to explain further. You're exactly right that there is a difference between a stable coin and one whose price doesn't change much. But keep in mind that BTC is more than just fluctuation. Such a trend is not controlled by any one government, even though policies can have an effect on it. But your comparison to Satoshi? Let's not put everyone so high up, please. Satoshi had a vision, sure, but BTC isn't just about countering fiat. It's a revolution. You are only seeing the very beginning 

Being stable and stable coin is different. Stable coin has a 1 dollar fixed value while being stable means the price can remain in one direction. But anyway you are right that there is no way BTC can stay on that price since it is still a volatile coin. Government don't or can't fully control it but they can influence the price through their decisions if they will allow BTC or not. Then there are big institutions and whales which can also do the same.

It's indeed better to be humble but it's funny that this is where the price can rise more, and not if when we are very confident or expects too much. I like your initiative there mate. You are like Satoshi because he created BTC not for the money but for our sake and as a counter to fiats.

Many people also choose the second option like you, but I want to know if that is everyone's honest answer? As far as I can see, people love bitcoin and invest in it because of its volatility. Volatility gives us the opportunity to make profits and many people also admit that if bitcoin becomes stable. Bitcoin will be boring and maybe they will find an alternative investment. That shows people are more interested in bitcoin profits than any other utility. But in this topic, people choose freedom and privacy over profit, this really confuses me.

Bitcoin isn't a stable coin, there's no way the price will stay forever at $30K especially the government didn't fully control and the market is free. It's better to say the price might be not so high as the #1, maybe it could be higher for 10-100x times.

I will choose #2 because profit isn't the only a reason why I invest most of my money in Bitcoin, I really like the decentralization, transparency, security and the privacy.

It's a shame that you limit it so that there is no middle way between the two options. Even though genies usually give 3 wishes, not two. But this seems like a different genie 

Of the two choices you gave, maybe I prefer the second. After all, bitcoin is freedom, even though its value has increased 1000x from the current price but suddenly my bitcoin was confiscated by the government which is very serious because a 1000x price increase is meaningless if the bitcoin we have is confiscated. And after all, freedom has a price that is more expensive than anything else

Option A looks enticing because I expect my small Bitcoin holding to make me rich. But the consequence of having more is loss of freedom. And financial freedom is better than having all the money. If Bitcoin's price grows but it is highly regulated, it is like having more and owning nothing. Centralization gives the government total access and control over your coin. Just like a savings account in the bank, you can't claim ownership of funds in the bank. The government can decide to enact a law and confiscate all the funds in banks.

So I will gladly choose option B that gives me total ownership of my money. I might not have much from my Bitcoin investment, but I own and have full control over my coin. Privacy is a priceless asset. I don't want people to cheaply know how much I own because living a private life has many advantages.

No middle way, no trick, no further questions, no this or that, your choice and tell me why this and not that!

KYC can't prevent from fraud or theft, let's say I'm a hacker and I get your personal information, I will create an account in a centralized site using your personal information to receive the money that come from the site I've hack before. Now if the centralized exchange report my account to authority, which one will get jailed? you or me? remember I use your KYC in my account and I had never write any single information related to myself.

Interesting notion that privacy-conscious persons enjoy a "higher quality of life". Bitcoin is based on decentralized trust and confidentiality. Quality of life isnt always clear and varies by person. Privacy-lovers may prioritize their belongings and safety. KYC means "Know isnt always evil. It can prevent fraud and theft on a reliable cryptocurrency market. Think carefully about where and why you share private data. You cant avoid KYC; just trust the correct sites. Everyone has the right to privacy in Bitcoin.