Bitcoin as an example of true democracy ? - page 2.

ThePanopticon

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Quote from: 378budiman on November 15, 2018, 07:33:05 AM

Bitcoin frees people from controlling your personal money from countries in the world. It shows the true face of world democracy and frees us from dictators who think they are the rulers!

Sorry to bust your bubble but BTC right now is being manipulated and controlled from billionaires that want to make even more money. It's sad and a total disgrace to Satoshi's vision.

378budiman

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Bitcoin frees people from controlling your personal money from countries in the world. It shows the true face of world democracy and frees us from dictators who think they are the rulers!

conceptutorials

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Bitcoin is a sign of true democracy because it gives one financial liberty from the power of the government .

oceantiger

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Bitcoin was a concept for ordinary people to have access to funding anytime they have a need. The P2P transaction actually makes some money available for both parties which would have been used for the settlement of the third party. So saving what would have been used to pay the third party will be some kind of empowerment.

baghdatis1990

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Miracle Tele

Yes, I share the same opinion with yours. The investment in Bitcoin is an alternative to FIAT money trading. This is due to Bitcoin's decentralized structure. Bitcoin gave people a unique payment system, which no one expected, and probably most banks do not agree.

satosibtc1000

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Quote from: jonruhoax on November 14, 2018, 11:09:25 AM

Quote from: satosibtc1000 on November 12, 2018, 08:31:30 AM

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 !

how can you say bitcoin is a democracy?
now we have been discussing deviations from technology, blockchain, crypto and digital.
I think there is a lot of discussion material for learning, knowledge and insight.

I'm reasoning and there is no suggest ! I mean, Bitcoin gives people the freedom and the right to choose what is part of a democratic society !

drachman

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Quote from: satosibtc1000 on November 12, 2018, 08:31:30 AM

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 !

I personally prefer to see bitcoin as the true form of capitalism, what we have now around the world is not capitalism, what we have is a bunch of people that obtained their fortunes and that are trying to fix the system to remain in positions of power, while it is obvious that there is some level of manipulation going on in bitcoin at least there is a limit to that manipulation.

coinnumber

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Quote from: satosibtc1000 on November 12, 2018, 08:31:30 AM

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 !

I think bitcoin does not relate to democracy, it does not involved third party simply because it decentralized. I really believed it help the less privilege to earn their living even beyond expectation. As it sever as the most payable job nowadays in terms of Investment, Trading and Bounties. But it has nothing to do with politics

SneakyLady

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That's the ideal, but it can only be a reality if everyone has access to its use, and everyone can use it safely and easily. Still not user-friendly..

jonruhoax

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Quote from: satosibtc1000 on November 12, 2018, 08:31:30 AM

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 !

how can you say bitcoin is a democracy?
now we have been discussing deviations from technology, blockchain, crypto and digital.
I think there is a lot of discussion material for learning, knowledge and insight.

LeGaulois

copper member

Activity: 2940

Merit: 4101

Top Crypto Casino

Politic and Finance are"t the same thing. Democracy is about to share the power by voting between all citizens. There is no politic inside your bank account. If you want to say to have a democracy in the current banking system, then you can always use an offshore system at any time.

We could think about as a form of governance, or a value system, an on-chain decentralized autonomous organization. While cryptocurrencies are supposed to give us the decentralization there is still only 1 entity taking the decision for a project. Where is a democracy in Bitcoin? An example of a crypto with a decentralized autonomous organization (Horizen https://bitcointalksearch.org/topic/annzen-horizen-unbounded-by-design-2047435)

nutriagrigia

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Oikos.cash | Decentralized Finance on Tron

Quote from: Vladislav2306 on November 14, 2018, 09:36:07 AM

I agree that Bitcoin is created mainly for ordinary people. But in my opinion it was created by reach people to raise more money. Payments in bitcoin is not anonymous, because you can track the transaction.

But you cannot track who owns this or that wallet address. This is anonymity. Of course, special services can find the owner of the wallet, but ordinary people are not able to find out information about the owner themselves.

Fossoleonardo

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Quote from: Vladislav2306 on November 14, 2018, 09:36:07 AM

I agree that Bitcoin is created mainly for ordinary people. But in my opinion it was created by reach people to raise more money. Payments in bitcoin is not anonymous, because you can track the transaction.

Quote from: satosibtc1000 on November 12, 2018, 08:31:30 AM

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 !

Vladislav2306

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I agree that Bitcoin is created mainly for ordinary people. But in my opinion it was created by reach people to raise more money. Payments in bitcoin is not anonymous, because you can track the transaction.

Btcvilla

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Quote from: satosibtc1000 on November 12, 2018, 08:31:30 AM

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 !

I think this has been very far from discussion about blockchain,
bitcoin and democracy. in fact we often say that bitcoin is part of assets. this discussion will have no effect on any effect and this is only your assumption

gesdan

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yes i agree with bitcoin is the currency that can be used for anything from the blockchain system, but id ont know about the democracy so i can't give my opinion about it

Dudeperfect

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To be honest, Bitcoin is still in its basic phase of development and hence it will take some time to evolve it as a stable payment system. As of now, we are able to use Bitcoin as a payment system but not everyone is accepting Bitcoin at this stage and hence we have a long way to go. I would say that the users who know the real potential of cryptocurrencies are the kings of this system because the sole aim is to distribute the power and control.

Trinity_boy

newbie

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True democracy specific to the financial system but not as a whole obviously bitcoin is not regulated by any banks nor governments hence giving you that so called democracy on your transactions and investments with Bitcoins.

iMark

sr. member

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Quote from: funchiestz on November 12, 2018, 08:33:34 AM

This is because of its decentralized structure. However, there are some differences between democracy and not being the center of economy. Democracy is all about administration. It must be a matter of choice. I think we can give Bitcoin an example of democracy in economic structure.

Yeah that freedom for everything including financial transactions without intervention from anyone is a right for everyone. cryptocurrency provides an example, that democracy really happens in crypto, everyone is free to choose whom they will transact, how much is the fee should they spend, and many more. absolute democracy in the economy is in cryptocurrency

ardhigalau

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Decentralization makes a lot of people targeted by bitcoin, because the bitcoi price continues to increase from year to year. Hopefully you could buy it before the price soared.

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