Topic: Bitcoin as an example of true democracy ? - page 4. (Read 1157 times)
One opportunity in managing personal assets and bitcoin gives this to all holders so that they are free to decide on transactions. If in a bank, they manage our deposits and will be subject to taxes and deductions that may be a burden on us.
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 !
When we use fiat, we only have some papers which their value is determined by governments and central banks. We are not owner of money. Banks can easily block our accounts. So, what you said is right.
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 !
too bad bitcoin are not scale able. eventually bitcoin base economy will hit the ceiling. by the time bitcoin become scarce. whoever own the most bitcoin will become king. it will set us back to imperialism age.
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 !
Bitcoin really is a democratic currency since we trader, user, holder and investor are the ones who's responsible to its price. The decentralization of bitcoin made the people centralized and so the government are sort of against with it. But since we are being governed by different sectors bitcoin just a means of payment and no one can really say its universal currency. Do you agree ? Share your opinion friends.
Everything peace !
Exactly so, that is the purpose created by Bitcoin. Bitcoin was born to serve the Blockchain technology, which has special properties and is much more convenient than traditional coins. The decentralization is the most special. In addition, Bitcoin deals quickly and tax is less than traditional deals.
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 !
While one can say to a certain extent that bitcoins does represents democracy, but I would not say it represents 100% democracy. In case you have forgotten democracy stems from a centralised figure or an institution, bitcoin in it's nature is a decentralised currency. It's true no one controls it, but when it comes to a fork there's not much of a consensus which leads to infighting, and everyone wants to control it, hence I say bitcoins represents partial democracy which I feel is good for it's growth.
Democracy is truly a very broad term which could be used in a thousand of ways to support or refute what Bitcoin is promoting. However, as for me, I would prefer to stick to the fact that democracy represents the majority. And the majority is a representation of a desire to emancipate themselves from the claws of the rich and the powerful few. Bitcoin is on their side.
Democracy is truly a very broad term which could be used in a thousand of ways to support or refute what Bitcoin is promoting. However, as for me, I would prefer to stick to the fact that democracy represents the majority. And the majority is a representation of a desire to emancipate themselves from the claws of the rich and the powerful few. Bitcoin is on their side.
I think bitcoin is not right example of democracy because all we know that the real meanubg democracy is freedom. And all the power is on netizen. But in terms in bitcoin all we know that there is no one have a power. Bitcoin has no power even in a legalization talk. I think we can compare bitcoin in democracy in terms of unemployment and poverty. Bitcoin can make us free and far from unemployment and poverty because bitcoin can give us an income. So in that situation we can say that bitcoin is an example of democracy but in a literal comparison as examole I think it's a NO.
Yes it makes us free from some value added tax when using it as a payment method. Until governments want to regulate it. Not an absolute democracy since they limit its potential by like I said, regulating it. The holders should fight for its pure decentralization since for some several years its "democracy" will slowly lose its touch.
and there is. Bitcoin gives us the freedom to which we aspired all the time. I believe that in the near future we will see how most people will support cryptocurrency and Bitcoin
Democracy refers to freedom. We all have freedom but it doesnt have absolute freedom where we can do whatever we like to do. The same as with cryptocurrency we are all free on what to do but things have limitations also. There rules that has been set for the betterment of the community of cryptocurrency. so bitcoin does not imply true freedom.
I think that the term of true democracy is a difficult one but as for me btc can be called like this and can be such example because it is confidential and can provide its users with the anonymity
Yes, Agreed, Bitcoin is an example of Economic Democracy and Freedom. And due to it's decentralized nature, Bitcoin can literally free us from government spying and control.
Yes I would like to call it financial democracy, in democracy people are free to chose any govt so as in Bitcoin structure people are free to do financial transactions w/o any third party involved due to its decentralize structure. I see it as tough competition to financial dictatorship controlled by big financial institutions.
I think bitcoin is the kind of money that expresses the desire for economic human rights. One problem that we are never satisfied about is the government's management of money and inflation. It is good that bitcoin has a finite number and it can not be printed as much as paper money
The user does not need to answer what he says that the decentralization of bitcoin is an example of democracy because transactions are faster than traditional banking or payment systems because there are no third parties because they are not regulated by the government.
Bitcoin is indeed an innovation that is capable of managing personal assets without the help of other parties, all of these are managed independently and will be a good opportunity in making good decisions.
I don't think bitcoin is an example of a democracy since 99.9% of the coins are held by a handful of people. Its democratic in the way maybe its run I.e. the main functionality as in operated by people/miners/investors
Wonder where you got the figure of 99.9 % ? We are talking about the fact that mankind has suffered hundreds of thousands of years from taxes and control over the financial flows of each person. Now people themselves can manage their own finances and to their business did not climb people who have nothing to do there. In some countries, the word "democracy" means nothing and it is sad, but bitcoin makes the world a better place. Bitcoin is independent and people use it so people become more independent too.
agree, by not interfering with organizations that are trying to control the world's finances, I think the existence of bitcoin is very helpful for everyone in conducting democratic transactions, we can also feel unique features when using BTC as a transaction medium, such as cheaper fees, transaction speed faster, simpler, and can be done anywhere
Yes I would like to call it financial democracy, in democracy people are free to chose any govt so as in Bitcoin structure people are free to do financial transactions w/o any third party involved due to its decentralize structure. I see it as tough competition to financial dictatorship controlled by big financial institutions.
Exactly, democracy means that people have right to choose and Bitcoin definetely gives you alternative and choice.
The problem is that people often mix democracy with anarchy and that everyone can do what it will without any rule and that isn't true. That is why I see that some think Bitcoin should be without any rule and they mix centralization with regulation so sometimes we have quite a mess when it comes to freedom that Bitcoin actually represents.
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