Topic: Bitcoin as an example of true democracy ? (Read 1117 times)
In the future, I think cryptocurrency will grow more and more because of the growing demand of human beings.
DEMOCRACY is ..
Two wolves and one sheep, making a dinner menu plan.
BITCOIN is one wolf 'bitmain' and a million HODL'r sheep being led around like border-collies lead sheep at the country fair.
Two wolves and one sheep, making a dinner menu plan.
BITCOIN is one wolf 'bitmain' and a million HODL'r sheep being led around like border-collies lead sheep at the country fair.
Bitcoin represents justice and democracy, and everyone can own and use it. Bitcoin does not discriminate who owns it, and it always helps its owners secure identity in the transaction. This is one of the advantages of Bitcoin, and I believe that one day soon it will replace the FIAT.
In terms of bitcoin financing, it is fairer than fiat money, because nobody can intervene including the government. So the price of bitcoin is made by bitcoin users themselves. While in terms of bitcoin democracy it is equated with representing civil society because it does not depend on the banking sector as the executor of financial transactions. 
I think, bitcoin was not created for promising to people democracy. The first aim of creation of bitcoin is to give freedom to ordinary people by providing a decentralized system to control their savings but rich people take it and convert it to a profitable thing. There are so many inventions turned into such a monster just in a few years. We'll see what is going to cryptos...
Bitcoin is created mainly for ordinary people to make transactions without third parties and that payments would be anonymous ! Bitcoin frees humanity from the control of your personal money from the global States. It shows the true face of world democracy and frees us from dictators who think they are kings !
Do you agree ? Share your opinion friends.
Everything peace !
Do you agree ? Share your opinion friends.
Everything peace !
I quite well agree with the fact that Bitcoin was created for masses to free them from the shackles of financial slavery. But I fear the whales are doing all they can to bring down the price if Bitcoin rather than allow it follow the natural course.
We think that the future of cryptocurrency is very bright, that is why we use it in all our projects and develop different projects to enhance it. We see significant developments and great innovations as applications of the blockchain technology made huge impact in todays world. But in the same moment these developments still have some issues to settle to have it work to its full capability and majority of the new projects coming to this market try not only creat something new, but also build good system of product and service.
in the long run, of course now people who invest in it need a lot of capital so they get a lot of profits and it is certainly not easy or too much thinking first to plant shares there.
Bitcoin is created mainly for ordinary people to make transactions without third parties and that payments would be anonymous ! Bitcoin frees humanity from the control of your personal money from the global States. It shows the true face of world democracy and frees us from dictators who think they are kings !
You spoke very well.
Do you agree ?
yes, I agree
Share your opinion friends.
as I said, I do agree with your words, but we are still stuck with corrupt governments and politicians and the damn banks.
I'll give an example of my case:
In my country the government controls everything, they approve laws that only benefit them, banks only create rules for the poor to become very poor. for you to have notion, is extremely difficult to buy bitcoin in my country, is extremly difficult to use bitcoin in my country and we are in a very low level to the point that we can not make purchases online, it is very difficult to make purchases in paypal, this is because the banks place limits on people's accounts. I hope things will change a lot in the future.
because of it's decentralized nature, Bitcoin can bring true Financial Democracy to us, but for that, we need to use Bitcoin more as a currency, not as an investment.
We are lucky to have realized this as early as today. The majority of the people doesn't fully understand yet the true purpose of bitcoin and why does it exist. Time will surely come when those people who have feared something they can't understand, they will realize that they missed another opportunity.
I completely agree with you. The decentralized structure of Bitcoin gives financial freedom from governments and banks. It is a unique payment system that eliminates intermediaries and reduces transaction fees. Bitcoin gives people full control over their funds.
Bitcoin is created mainly for ordinary people to make transactions without third parties and that payments would be anonymous ! Bitcoin frees humanity from the control of your personal money from the global States. It shows the true face of world democracy and frees us from dictators who think they are kings !
Do you agree ? Share your opinion friends.
Everything peace !
Do you agree ? Share your opinion friends.
Everything peace !
Yes, Bitcoin and decentralized blockchain technology is a blueprint that gives back financial power to society. If we have learnt anything at all from the 2008 financial crisis, Bitcoin is simply a pathway forward.
I know what you mean about linking bitcoin with democracy. I mean, using a decentralized system will certainly give society the power over their money and assets. Technically speaking, the creation and use of a virtual currency will distribute and devolve most of the controlling mechanisms of the traditional financial system, thus giving us freedom and control. But democracy will still need leadership, correct? Perhaps we will need some level of regulation or acceptance from the government?
yup this is a future financial revolution offered by bitcoin from the beginning, decentralized transactions, independent individuals, anonymous users and the transparency of every transaction. I agree that this is true financial democracy, although the application is still very difficult to be accepted by the global community, but let this process develop gradually.
Bitcoin represents justice and democracy, and everyone can own and use it. Bitcoin does not discriminate who owns it, and it always helps its owners secure identity in the transaction. This is one of the advantages of Bitcoin, and I believe that one day soon it will replace the FIAT.
Unfortunately, I can’t equalize Bitcoin with freedom and democracy because there are good reasons to suspect that its course often depends on a narrow circle of very wealthy people. Until Bitcoin is free from any influence, it will not become a democratic financial unit.
Bitcoin is created mainly for ordinary people to make transactions without third parties and that payments would be anonymous ! Bitcoin frees humanity from the control of your personal money from the global States. It shows the true face of world democracy and frees us from dictators who think they are kings !
Do you agree ? Share your opinion friends.
Everything peace !
Not yet, bitcoin should be spread evenly first. We are think that bitcoin is an example of true democracy because there is no central authority that print or control bitcoin so the price will not decrease. But actually bitcoin price still be manipulated by whale, you can see the price that very volatile right? But the trend of bitcoin price is good. If you look at the widest timeframe, the bitcoin price chart will indicate that bitcoin price will rise in the future. And when the liquidity is higher then we can say that bitcoin is the true example of democracy. Do you agree ? Share your opinion friends.
Everything peace !
Sad to say but the state will always find a way to control us. As long as we use fiat currency, we cannot scape from their control in our daily transactions.
Right now, I wouldn't say it is "true" democracy. The usage of bitcoin and other crypto currency are still influenced by some group of people. Even the whales can manipulate the price at their own will and can cause turn of events whenever they like, since people fall for them. People still have a lot to learn about and the current scenario has a lot to develop.
Yes, bitcoin is decetralized and uncontroled by goverments, ordinary people can use it, that is why it is an example of true democracy
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