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Topic: Big companies will never let you have the financial freedom - page 3. (Read 668 times)

sr. member
Activity: 1428
Merit: 344
This is a very sad reality that almost all the big companies including the government institutions will never think of the general public and theirBTC focus is on how to keep the public under control and for this they can take every measure and go to extreme immorality.
Power and being in control is difficult to let go off, it is something that most big companies and the government will not easily do. To get freedom, you have to be intentional about your freedom and be sure of the services offered by a company and their terms and conditions before you decide them to be your choice. Understanding the terms and conditions for each company that offers a financial service that you need, will help you make the best decision for the one closest to some freedom. If they all appear the same and have some similarities which I am sure they will have, choose bitcoins, which is totally different.
legendary
Activity: 2240
Merit: 1172
Privacy Servers. Since 2009.
This is a very sad reality that almost all the big companies including the government institutions will never think of the general public and theirBTC focus is on how to keep the public under control and for this they can take every measure and go to extreme immorality.

I was reading a tweet where the Paypal stablecoin has a code where they can freeze the money at any time and the wallet holder will not be able to use his coins.

You just cannot trust these stablecoins or altcoins, as most of them are made, not to give us financial freedom but for their own benefit.
Only Bitcoin is the one on which we can trust.



https://twitter.com/BitcoinNewsCom/status/1688665649642397696

I'm not surprised, not sure why many are treating this as some shocking news. They can do it and sometimes even MUST do it to comply with all standards, rules and laws.

On the other hand, it's just a code snippet it can be from anywhere, it can even be fake.
hero member
Activity: 714
Merit: 606
As you said, it is the company's obligation to treat employees who have good potential for their company so that these employees do not look for other companies that are better in terms of providing facilities for their employees. However, this does not apply to those who have the desire to build a business, it could be that they work for a certain period of time just to have some money when they feel they have enough, so they will leave their place of work to build a business.
I think almost every people I met always say like this, they will work for few years to collect money and they will resign when they have enough money to start a business.

But in the end only few people did it and most of them bankrupt, because they're just not good become a businessman, they don't have a good vision.

It's not about working under someone to get some money to start a business, a real business will try anything to sell his product, he will start by selling his product door to door or become a salesman.
member
Activity: 348
Merit: 22
Big companies of course have the experience and techniques to retain employees who have great potential, they offer salary offers and facilities that look promising, but if we think about it, of course companies require these employees to be loyal so there is never any thought of doing other activities such as opening a business or another.
As you said, it is the company's obligation to treat employees who have good potential for their company so that these employees do not look for other companies that are better in terms of providing facilities for their employees. However, this does not apply to those who have the desire to build a business, it could be that they work for a certain period of time just to have some money when they feel they have enough, so they will leave their place of work to build a business.
sr. member
Activity: 1526
Merit: 255
Big companies of course have the experience and techniques to retain employees who have great potential, they offer salary offers and facilities that look promising, but if we think about it, of course companies require these employees to be loyal so there is never any thought of doing other activities such as opening a business or another.
legendary
Activity: 2282
Merit: 3014
What else would you expect from one of the worlds all time most corrupt companies.  PayPal is pure and utter scum.  They are fraudsters whom get away with murder on a daily basis, and it fucking sickens me. 

I saw a PayPal inside investigation about a decade ago.  It was on some major new outlet (CNN/BBC something like this).  It exposed the ever living fuck out of PayPal ( they were still a part of eBay back at this time )..the funny thing..you can't find this video report ANYWHERE online.  Just a prime example of what these scumbags are all about.  Fucking us over for their benefit.
legendary
Activity: 2772
Merit: 1514
It's not actually the big companies that are purveyors of financial restrictions. They do so at the behest of the government. A company's best interest is to adhere to consumers' interest. If there's incongruence in what a company provides and what a consumer expects, the consumer will go to a competitor. It's how a capitalistic market operates.

With Paypal's stablecoin, I imagine if they wanted to operate within certain jurisdictions, they would have been required to hold centralization powers to the extent they could freeze user funds if compelled by the government. I know Paypal will freeze user funds for arbitrary reasons so they can forfeit the balance and profit from it as well. I view stablecoins as extensions of the government, just operated by private companies. Similar to CBDC's, in a way.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
The government and big companies will never support you and I to have financial freedom. They constantly come up with schemes to seize money from people either forcibly or to keep it under their control. They will give the impression of having the best interests of everyone in mind, but they actually have bad intentions.

Consider how evil the government and big companies like PayPal can be for having a secret plan to freeze people's money whenever they please. I like how Bitcoin News exposed PayPal's poor intentions for creating a stablecoin. Let it be that a lot of people knew about it. Because it appears that some crypto enthusiasts are celebrating PayPal's stablecoin launch

and with this consideration, you may want to be financially stable and as much as possible not use their services at all cost, right? since we can't rely from these companies or our government, what we can do is aim to be self-sufficient, lessen your living expenses by not buying unnecessary items, live simply, don't rely your budget from debts...just live within your means. and you will find out that you don't need to use some of these companies that will screw your money. just take a look at those living in remote areas, they don't need much but they are just happy to be living with their everyday life.
sr. member
Activity: 812
Merit: 349
The government and big companies will never support you and I to have financial freedom. They constantly come up with schemes to seize money from people either forcibly or to keep it under their control. They will give the impression of having the best interests of everyone in mind, but they actually have bad intentions.

Consider how evil the government and big companies like PayPal can be for having a secret plan to freeze people's money whenever they please. I like how Bitcoin News exposed PayPal's poor intentions for creating a stablecoin. Let it be that a lot of people knew about it. Because it appears that some crypto enthusiasts are celebrating PayPal's stablecoin launch
sr. member
Activity: 2226
Merit: 347
Many people dream of being able to work in large companies such as Apple, Microsoft, Google, Visa and so on, but we must be aware that if we work in a large company then we are required to give all our time and abilities for them, this makes us never think Another thing, for example, finding a source of income because he feels that working there has got everything and when retiring, most people will regret.

The problem is that large companies can easily lay off many people at the same time during a crisis. After all, at any moment - thanks to a well-promoted brand - they can hire as many new people as they want. Therefore, working for a large company does not guarantee stability
That's not the point here; whether we like it or not, such companies generate thousands of job opportunities, which is a vital addition to our economy, at least for individuals. I'm certainly not promoting them. Stability doesn't exist in our world anymore.

Back to the stablecoin's topic: I don't understand why some act so surprised; what were you expecting? PayPal itself is known for unexpected account closures and the freezing of funds. Even I had my money frozen but faced no difficulties in unblocking it; apart from that, I had no issues, and they have saved me a couple of times. This also applies to all centralized exchanges and services, such as online wallets. Even USDT is capable of freezing someone's funds; correct me if I'm wrong, but I remember reading it somewhere. Most stablecoins are regulated; unless we're talking about algorithmic ones, why would PayPal's be any different?

If you don't like it, you don't have to use it; there are a handful of other options out there.
True, with just common sense which you would really be able to expect out on what would happen or on the things that they would eventually be trying out to do on which it would always be getting in line with centralization or something that getting in line with government rules and conditions on which its not really that shocking anymore. We know that there are ones who are really that always skeptical about centralization but as a company then they do have the full rights on what are the things that should be done and whats not. They are long time business or company which is sticking into that payment system which is getting in line with
typical fiat which they are really regulated which it would really be just that normal that if ever they would be creating something new like a "stablecoin" then it wont really be shocking that it would really be that heavily
centralized on which it is really just that normal. There are really just that people who cant really just that really loves on having that discrimination or always have something to say that it is really that against
with their interest which why we cant just leave them as it should be?
hero member
Activity: 1582
Merit: 758
Many people dream of being able to work in large companies such as Apple, Microsoft, Google, Visa and so on, but we must be aware that if we work in a large company then we are required to give all our time and abilities for them, this makes us never think Another thing, for example, finding a source of income because he feels that working there has got everything and when retiring, most people will regret.

The problem is that large companies can easily lay off many people at the same time during a crisis. After all, at any moment - thanks to a well-promoted brand - they can hire as many new people as they want. Therefore, working for a large company does not guarantee stability
That's not the point here; whether we like it or not, such companies generate thousands of job opportunities, which is a vital addition to our economy, at least for individuals. I'm certainly not promoting them. Stability doesn't exist in our world anymore.

Back to the stablecoin's topic: I don't understand why some act so surprised; what were you expecting? PayPal itself is known for unexpected account closures and the freezing of funds. Even I had my money frozen but faced no difficulties in unblocking it; apart from that, I had no issues, and they have saved me a couple of times. This also applies to all centralized exchanges and services, such as online wallets. Even USDT is capable of freezing someone's funds; correct me if I'm wrong, but I remember reading it somewhere. Most stablecoins are regulated; unless we're talking about algorithmic ones, why would PayPal's be any different?

If you don't like it, you don't have to use it; there are a handful of other options out there.
legendary
Activity: 1806
Merit: 1159
The problem with companies like paypal is the fact that they will do whatever they can to keep their own control over you, otherwise they will be legally responsible for a lot of things and they do not want that at all. I understand the logic, and I get that it may not be that great, but this is just how they operate.

This is why we have cryptocurrency, to make sure that you have all the control over your own self and if you know what you are doing then you shouldn't be worried about it at all. I get that it may not be liked all that much but that's just how it is and should be the way to be decentralized. If there is no centralized authority over it, then you will be responsible for every single transaction that you make.

The problem with Paypal is that they stop serving citizens of countries hit by sanctions. I wonder what they will do with their own stablecoin? Will they use KYC - which goes against the principles of decentralization. Any country can fall under sanctions, which means citizens of most countries are at risk.
sr. member
Activity: 476
Merit: 283
This should be common knowledge. The point of any company is to make a profit. They really will not like a system that would make their potential customers and customers not rely on them.
A centralized organization cannot create something it will not control, it's just how it is. That's what makes Bitcoin unique. Whoever created Bitcoin was able to foresee this and know that Bitcoin will never be truly decentralized if it has an owner.
The banks, government, and every other centralized organization want you to keep coming back, they want to own you. That's the only way they can be relevant.
legendary
Activity: 3178
Merit: 1128
This is a very sad reality that almost all the big companies including the government institutions will never think of the general public and theirBTC focus is on how to keep the public under control and for this they can take every measure and go to extreme immorality.

I was reading a tweet where the Paypal stablecoin has a code where they can freeze the money at any time and the wallet holder will not be able to use his coins.

You just cannot trust these stablecoins or altcoins, as most of them are made, not to give us financial freedom but for their own benefit.
Only Bitcoin is the one on which we can trust.
The problem with companies like paypal is the fact that they will do whatever they can to keep their own control over you, otherwise they will be legally responsible for a lot of things and they do not want that at all. I understand the logic, and I get that it may not be that great, but this is just how they operate.

This is why we have cryptocurrency, to make sure that you have all the control over your own self and if you know what you are doing then you shouldn't be worried about it at all. I get that it may not be liked all that much but that's just how it is and should be the way to be decentralized. If there is no centralized authority over it, then you will be responsible for every single transaction that you make.
legendary
Activity: 2842
Merit: 1253
Big companies or government institutions will never think about your benefits, big companies or government institutions will think how to improve their business depending on people or employees. Various private companies or government institutions will never give you financial freedom, to get financial freedom you must be associated with Bitcoin because only Bitcoin will give you financial freedom. At the moment ALT coins in the market cannot be relied on much because these coins tend to disappear from the market so at the moment Bitcoin is the most reliable platform. Investing in Bitcoin will give you financial freedom as well as ensure substantial security of money.

True that, as much as possible big company wanted their employee to be dependent on them since their employee are their milking cows.  if these employees are able to have financial freedom then these employee can possibly be their competitor knowing all the aspect of their industry.

The government is influenced by these big companies, though I do not think that the government wanted their citizen to live in minimal state (except those corrupt government) they are somehow impartial and biased who to give favor to resulting on the inequality of benefits and rights.
sr. member
Activity: 532
Merit: 390
This is a very sad reality that almost all the big companies including the government institutions will never think of the general public and theirBTC focus is on how to keep the public under control and for this they can take every measure and go to extreme immorality.

You're not forced to use or comply to any business organizations or government by force as long as you're not inline with their opinions, we have our choice to make, every individuals should take responsibility for themselves and make use of what they have to remain independent, this same organizations or government cannot do without the people's opinions on what they offer because they cannot exist alone, we are all interdependence of ourselves in some ways and can do away with any policy implementation we see is not working for us as thought.
legendary
Activity: 2688
Merit: 1192
This is a very sad reality that almost all the big companies including the government institutions will never think of the general public and theirBTC focus is on how to keep the public under control and for this they can take every measure and go to extreme immorality.

I was reading a tweet where the Paypal stablecoin has a code where they can freeze the money at any time and the wallet holder will not be able to use his coins.

You just cannot trust these stablecoins or altcoins, as most of them are made, not to give us financial freedom but for their own benefit.
Only Bitcoin is the one on which we can trust.


What many people in the world still do not understand is that you can start to own a piece of those companies at any point, through a stock broker in most situations. You can start buying shares in them, which give you little slivers over ownership that you can grow over time. Stop thinking of the stock market as a way to gamble, you shouldn't expect to use it and get rich overnight, but you can build up a portfolio brick by brick and in a few years have a powerful income stream that brings you money every month if you choose a dividend strategy for example. Too many people think that they are just sailboats riding on the winds, when in actual fact you can be a ship that is steering it's own motored course through the waves.
sr. member
Activity: 658
Merit: 275
Obviously, big corporations would try to grab all the profits for themselves leaving crumbs to trickle down to the floor where the common man grovels, hoping for a little piece of the pie.
Why would they let anyone be financially independent and not having to depend/pay heavily for their goods or services rendered? They would love total dependency from the masses and in a way, they’re getting it too.

Same thing goes with the government. Any government would love and dream of a controlled and obedient citizenry. Citizens that wouldn’t question any actions taken. That dream isn’t possible with a democracy so the government would always cook up schemes and policies that would aim keep the people controlled and in a way, supervised.
Anything that would foil their plans at controlling its citizens would be seen as a threat and would be fought against. Take a look at bitcoin.
sr. member
Activity: 2506
Merit: 328
This is a very sad reality that almost all the big companies including the government institutions will never think of the general public and theirBTC focus is on how to keep the public under control and for this they can take every measure and go to extreme immorality.

I was reading a tweet where the Paypal stablecoin has a code where they can freeze the money at any time and the wallet holder will not be able to use his coins.

You just cannot trust these stablecoins or altcoins, as most of them are made, not to give us financial freedom but for their own benefit.
Only Bitcoin is the one on which we can trust.

When I first encounter the news of Paypal going digital, I knew it they are going to come with a comma, nothing special, more like the normal USDs we already have in circulation, the little difference they are offering is, they want to tap into the revenue other stablecoins are milking from the users. Right from day 1, I think Paypal has anti-freeze policy and payment can be reversed at any given time, I see how they have damage businesses by reversing the transaction of a client when they complain of unsatisfaction which is very wrong in all ramifications.

If you can't verify, don't trust, it is as simple as that, stay away from another glorify stablecoins that can make you lose an entire wealth in a single day, they also have KYC for fighting and tracing users when they don't feel satisfy by your actions or money is been spent, I will avoid using the stablecoin. If I have opportunity to receive payment from another place, I simply request for BTC and convert it as soon as possible, no stress! Kiss
Expect always for these things to happen because as long that these things are centralized then expect that they would really be getting in line with government rules and regulations on which they wont really be

trying out to oppose via sticking out on whats the current trend specially on decentralization on which it is really that a main opponent if we do speak about the government. We do know that it isnt something
that new or shocking that they would be making their own stablecoin knowing and seeing on whats happening around on which there's still who do really have able to make use of these stable coins
and since they dont really like for them to miss out the bandwagon then its not shocking that they would really be making their own.

About reversible transactions and could have potentially be able to lock up or prohibit transactions on a particular fund or coin? This isnt a shocking news anymore which its normal that they would
be imposing up that kind of control just like on those typical operations that they do have.
sr. member
Activity: 1008
Merit: 366
Centralized = Shit. Everything that is centralized, anything could happen to that at any time. You are not in control of your own asset when you use centralized things. This is not new as we are seeing this from the beginning of the centralized services. They will try to take control of your own assets. In cases where you are helpless and can't do anything. This is the real reason behind their centralized services. They will make profits using your assets.

Those who have the power will rule. This is how the world works. So if you want the power to yourself, stick to Bitcoin. No other thing can give you that except Bitcoin.

If companies like Paypal have control over people's money, the government will be able to take control of Paypal to control the people. This is exactly what the government wants. They have already launched CBDC. That should be a clear indication of what the govt. wants. Yet we are still getting hyped about centralized shit.
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