Bitcoin for all levels of society, without any difference - page 19.

pitiflin

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Quote from: AUDREY23 on May 17, 2017, 02:09:47 PM

Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?

It is for everyone but then even fiat is for everyone, it's just centralized when compared to bitcoin . Taxes are not there for bitcoin but tax does exists for fiat . The reason why some one might be rich or poor is themselves or their families, governments are not to be blamed, as a citizen of any country you have to pay taxes as a right. Bitcoin is better than fiat but governments are trying their best to keep their citizens satisfied, you have got to give it to them also.

winterland

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Quote from: Senja Kemuning on August 11, 2017, 10:05:25 AM

Yes this is the era of financial modernization, it is time there is no limit and should be decentralized like bitcoin and cryptocurrency. Times change and financial intervention must be eliminated.

I think that is the direction things are going towards decentralization, we no longer need a government administrating our currency since the people have found a way to do a better job than they could ever hope to do.

yrreg ger

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Quote from: AUDREY23 on May 17, 2017, 02:09:47 PM

Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?

I'm neutral. It benefit those who are earning through bitcoin. They can execute any kind of transaction conveniently. however, some will take advantage of this liberty. And because of the that liberty, it may also be used in bad activities if fall in wrong hands. Rumor is that deep in the internet, this is means of payment there to accomplish an illegal transaction

winterland

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Quote from: Hydrogen on May 17, 2017, 05:42:01 PM

It sounds as if you're oversimplifying.

"Free to use bitcoin for any purpose." That could be an oversimplification. Some would object to bitcoin being used for money laundering, terrorism or crime. The idea and spirit behind bitcoin isn't to create a currency that can be used for literally anything whether it be moral or immoral.

Whether you like it or not that is the spirit of bitcoin, the moment there is not a central authority telling you what you can do with your bitcoin then it is up to each individual to decide, I do not condone any of those practices but it was very obvious criminals were going to take advantage of bitcoin in that way.

ajmapalo22

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Yes I agree, bitcoin doesn't require much of your information when transacting or using it, meaning it doesn't care what level of the society you belong as long as you have internet connection and you know how to use bitcoin you can use i and earn from it.

Vannie12

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Quote from: AUDREY23 on May 17, 2017, 02:09:47 PM

Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?

I think it is good to set minds for social equity. Bitcoin is decentralized but frankly, I don't think that Bitcoin is free to be used. Firstly, it run thtugh internet. It is learned and done thrugh accessing PCs, maybe mobile phones. Secondly, accessing web/internet is not also free. How could a poor afford buying a PCs or mobile phone and maintain to access net rather than buying foods? Lastly, if poor possibly to have the two things I have said, investing is also a big factor because Bitcoin is valued more by Time.
For rich people, easy to access bitcoin. In Real sense, Not equally accessible and not free.

SirPereira

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As Bitcoin can be used by all levels of society, not all levels of society have the power and current coin of exchange (USD mostly) to trade for Bitcoins.

In my opinion that phrase is a total oversimplification whom Bitcoin is made to.

Don't forget that the value of a coin is made up of pure speculation and that is what makes it so volatile.

Blackdeath

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Quote from: AUDREY23 on May 17, 2017, 02:09:47 PM

Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?

Indeed. I agree with you because bitcoin being decentralized also enables everyone and anyone to use bitcoin freely because it can be easily accessed through internet using gadgets or devices to effectively use bitcoin. Also there is no such requirement needed that you need to be on a middle class or upper class to use bitcoin. There is no boundary built in using bitcoin that exempt or prohibit lower class to use bitcoin so every levels of the society can use bitcoin effectively without difference because everyone is treated equally due to the reason that bitcoin is truly used same thing as it is.

Osarman

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Quote from: bluefirecorp on August 15, 2017, 12:56:58 PM

Quote from: hovrah on August 10, 2017, 03:50:29 PM

Quote from: nethan1btc on August 10, 2017, 03:43:37 PM

Quote from: freeyourmind on August 10, 2017, 03:20:40 PM

Quote from: ahmia39 on August 10, 2017, 03:02:48 PM

True, bitcoin made for all levels society without restrictions of country's rules. Just, always need internet for every activity related to bitcoin. Whereas in this world there are still people or countries are poor internet, and this's one of causes bitcoin become less evenly spread.

Other than fiat being skewed towards special interests like banks, any currency is "for everyone". They all need to be earned or acquired somehow. But for people that are without an internet connection, Bitcoin isn't accessible to them, where fiat is.

That is a biggest problem if we talk about bitcoin for all levels of society nowadays, people without any internet connection were very hesitant to adopt this kind of system.

Bitcoin playing crypto currency is a currency for a certain circle of people who deal with crypto currency. But what is being discussed, there was such a simple person will use Bitcoin, I think it's Misha's delirium. Even the mini-footwear problem, it's definitely the lack of certain knowledge about the population. Although there are much bigger problems.

My response to whatever is said here is that the OP is accurate!
Bitcoin is decentralized, and is therefore meant for everyone, exception of nobody. Anyone, including both the rich and the poor can equally make use of Bitcoin. Because only with the time of various holding period, we can achieve what we need with it.

Yep! Bitcoins have been created for everyone without any distinction. Anyone belonging to any level of the society can invest into bitcoins and enjoy the profit. You can change your financial status with bitcoins. If you are poor, you can become rich and if you are rich you will become richer.

olubams

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I actually don't see any discrimination on the use of bitcoin even judging by the people of the forum which cuts across several age groups from teens, to youth and then to adults there are no discrimination. The only discrimination between the users and non-users here is ignorance which something that can be broken with gathering the right information and asking the right question and then bitcoin can equally be available to every level of the society.

channingwilmer

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but different levels of people are holding the different amount of bitcoin. The richer people holding the more bitcoin than poor people and there are even some people do not even have bitcoinl. There is only 21 millions bitcoin existing on the world and it is not enough for a big world

PhucS

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You say both the right and wrong parts. Bitcoin is a free currency, for all walks of life because Bitcoin nature is decentralized, it's a digital electronic currency that uses blockchain technology, which provides a freedom for the user. Wherever you are, you can use Bitcoin whenever you have internet and a phone or computer. But, it is possible to use bitcoin for any purpose, I think this is not quite right, Bitcoin should only be used for legitimate purposes such as stabilizing the economy, making it convenient for users to trade , Connect, help people. Many people will use Bitcoin for bad things like extortion, money laundering, such as BTC-e and wannacry. I think many people do not like this because it worsens Bitcoin

bluefirecorp

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Quote from: hovrah on August 10, 2017, 03:50:29 PM

Quote from: nethan1btc on August 10, 2017, 03:43:37 PM

Quote from: freeyourmind on August 10, 2017, 03:20:40 PM

Quote from: ahmia39 on August 10, 2017, 03:02:48 PM

True, bitcoin made for all levels society without restrictions of country's rules. Just, always need internet for every activity related to bitcoin. Whereas in this world there are still people or countries are poor internet, and this's one of causes bitcoin become less evenly spread.

Other than fiat being skewed towards special interests like banks, any currency is "for everyone". They all need to be earned or acquired somehow. But for people that are without an internet connection, Bitcoin isn't accessible to them, where fiat is.

That is a biggest problem if we talk about bitcoin for all levels of society nowadays, people without any internet connection were very hesitant to adopt this kind of system.

Bitcoin playing crypto currency is a currency for a certain circle of people who deal with crypto currency. But what is being discussed, there was such a simple person will use Bitcoin, I think it's Misha's delirium. Even the mini-footwear problem, it's definitely the lack of certain knowledge about the population. Although there are much bigger problems.

My response to whatever is said here is that the OP is accurate!
Bitcoin is decentralized, and is therefore meant for everyone, exception of nobody. Anyone, including both the rich and the poor can equally make use of Bitcoin. Because only with the time of various holding period, we can achieve what we need with it.

Rinder

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Even knowing anybody can buy bitcoin its more easy for rich to invest and accumulate bitcoin then the poor people, that strugle to pay bills, and pray to be able to get some extra bitcoins. Bitcoin was created to all, based on low fees and plenty control over our money, those havent changed at all.

Bingooop

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Quote from: davis196 on May 18, 2017, 01:19:47 AM

Quote from: AUDREY23 on May 17, 2017, 02:09:47 PM

Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?

Sounds like words from a socialist and sounds like people can get bitcoin for free,which isn`t true.
Rich people have more bitcoins because they have more fiat money and they can buy more bitcoins.
I don`t like the term "for any purpose".What about illegal purposes?

Yes it was created for levels of society but since the rich person have more money and thus the buy bitcoins at low rates and because of their richness they keep it as an investment and when the value of bitcoins increases they sell creating a large profit

Senja Kemuning

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Yes this is the era of financial modernization, it is time there is no limit and should be decentralized like bitcoin and cryptocurrency. Times change and financial intervention must be eliminated.

aTriz

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Quote from: AUDREY23 on May 17, 2017, 02:09:47 PM

Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?

I would agree with this statement and also add:
"Bitcoin provides the chance to go from lower classes of society to higher classes of society"

Some people are not allowed to use Bitcoin though since some countries have banned them. Some people will not have access to the internet and therefore it is impossible for them to use bitcoin. We need to promote the use of crypto in 3rd world countries.

Carlsen

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Quote from: orions.belt19 on August 11, 2017, 04:11:11 AM

Quote from: ekoice on August 06, 2017, 08:26:49 AM

Quote from: AUDREY23 on May 17, 2017, 02:09:47 PM

Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?

Its true but for it to become practical,some basic essentials should be satisfied.Bitcoin users should be able to have a laptop or pc and i think its hard for very poor people to satisfy this requirement.next,access to internet which could not be expected to be available in all parts of the world in today's situation as under developed countries don't have good internet facilities.Unless these requirements are met,bitcoin could not be expected to be used by people of all levels of society.

Yes! Come to think of it, even if Bitcoin is open to everyone and available for use to all classes in society, those belonging in the lower classes do not have the resources to access Bitcoin.

Just imagine, you need to have internet and a device such as a laptop/computer or cellphone for you to gain access to Bitcoin. Of course those from the lower class do not have the luxury to have these things. Also, there are other expenses such as having to pay for transaction fees and the like.

To be frank with it, Bitcoin is available to everyone and to all levels of society but sadly not everyone have the means to.

It's depending where people live.
In industry nations everyone has a computer or a smartphone.
I think that is the reason why those who already have enough will profit most from bitcoin.
For countries and populations not so much developed, I suppose it will take some time.
But it will reach them as well, of that I am sure!

wowanstrong

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Theoretically it can be used by everyone, but in practice the poor do not have computers with internet to use bitcoin and they do not even have the money to buy one coin. This takes time.

danjonbit

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DanJoN

Quote from: AUDREY23 on May 17, 2017, 02:09:47 PM

Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?

We all have the right to know about bitcoin, if all can or have the access of the internet they can surely study and get some information or knowledge about bitcoin, but others don't have the privilege on accessing on it . just sharing.!

Topic: Bitcoin for all levels of society, without any difference - page 19. (Read 5380 times)