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Topic: Bitcoin for all levels of society, without any difference - page 21. (Read 5380 times)

hero member
Activity: 2912
Merit: 541
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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?
That is what bitcoin is created for by satoshi nakomotu.He just wanted to free people from banking sector by creating such a currency.Bitcoin too has achieved this day by day.Bitcoin has become the worst night mare for bankers.Bitcoin is available for every one irrespective of caste and creed.

beside that, we can manage our bitcoin by our self without interfere from other people and we can send or receive in any amount without have to write something except writing the address wallet to send the amount. bitcoin is created for freedom but for this purpose, we need to limit our self so we don't have to get illegal activity when we used bitcoin to send or receive.
hero member
Activity: 1008
Merit: 537
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?
That is what bitcoin is created for by satoshi nakomotu.He just wanted to free people from banking sector by creating such a currency.Bitcoin too has achieved this day by day.Bitcoin has become the worst night mare for bankers.Bitcoin is available for every one irrespective of caste and creed.

That is satoshi's view but the bitcoin is now been adopted by many firms and business giants but the many of them creating their own currency now and making their altcoin which will equal to bitcoin in future. ETH is one of the altcoin which came across to overide the bitcoin. Satoshi cannot seek for copyright for ETH, Tha is why they are creating the new currencies.
sr. member
Activity: 392
Merit: 250
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?
That is what bitcoin is created for by satoshi nakomotu.He just wanted to free people from banking sector by creating such a currency.Bitcoin too has achieved this day by day.Bitcoin has become the worst night mare for bankers.Bitcoin is available for every one irrespective of caste and creed.
hero member
Activity: 1246
Merit: 529
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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?

Bitcoin is so decentralized to use whether the rich or the poor as you have rightly posited but the issue is that some basic conditions is to be met which include:

1. You must have bitcoin and to get it, you must part away with something which makes it not toatally free.

2. You must have access to the internet and be interested in understanding how it works. This is something we all know is still lacking in some areas.

In all, it is free for use by people who already own it and that's it.
If to speak on the merits, then I very much doubt that all sectors of society will be able to use Bitcoin. And the thing is that in order to use the crypto currency, you need, first of all, good knowledge. And it is possible that most of the world's population do not.
Good knowledge is attainable as long as you are interested in it. Though many still are skeptical about btc, more and more people are now becoming interested in knowing and using it so for me you just have to have internet connection to have access to it. The possibilities bitcoin presents is pretty much for everyone
copper member
Activity: 2940
Merit: 4101
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Yes this is what distinguishes bitcoin with real money, there are currently hundreds of currency (every country have a currency), so as to make a clear distinction, the world would be better if one currency and I think bitcoin can be use.

Bitcoin will  never be the only worldwide currency, no matter what will happen. Also what you are describing is the pure ideology of the Elite and Bitcoin is one of the reason it has been created, to fight this same Elite people. To avoid the monopole of our freedom, in case of bitcon, our financial freedom. We are so much restricted with the current banking system, for exemple take a look at your visa card, you are limited weekly with a defined ammount of money that you can use with it. Why? It's your money. With the current banking system we are limited over the control of our money, often in the name of the war against illegal money. Bitcoin removes this limits, and gives you a full control of your funds. With Bitcoin, you're your own bank, you set your own limits.
full member
Activity: 154
Merit: 100
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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?

Bitcoin is so decentralized to use whether the rich or the poor as you have rightly posited but the issue is that some basic conditions is to be met which include:

1. You must have bitcoin and to get it, you must part away with something which makes it not toatally free.

2. You must have access to the internet and be interested in understanding how it works. This is something we all know is still lacking in some areas.

In all, it is free for use by people who already own it and that's it.
If to speak on the merits, then I very much doubt that all sectors of society will be able to use Bitcoin. And the thing is that in order to use the crypto currency, you need, first of all, good knowledge. And it is possible that most of the world's population do not.
sr. member
Activity: 322
Merit: 250
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?

Bitcoin is so decentralized to use whether the rich or the poor as you have rightly posited but the issue is that some basic conditions is to be met which include:

1. You must have bitcoin and to get it, you must part away with something which makes it not toatally free.

2. You must have access to the internet and be interested in understanding how it works. This is something we all know is still lacking in some areas.

In all, it is free for use by people who already own it and that's it.
sr. member
Activity: 490
Merit: 250
True, Bitcoin for all levels society in any country. There's no difference, no additional charges due to different country transactions. Bitcoin is especially helpful to me, as my economic condition has improved since i started bitcoin.
sr. member
Activity: 573
Merit: 251
Yes this is what distinguishes bitcoin with real money, there are currently hundreds of currency (every country have a currency), so as to make a clear distinction, the world would be better if one currency and I think bitcoin can be use.
hero member
Activity: 798
Merit: 506
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.
Nope, he is not. According to Satoshi Nakamoto, he created bitcoin to eliminate the trust of the banks' ecosystems. If bitcoin is being used for literally anything, then it became successfully an adopted and acceptable currency. Those who would object to bitcoin being used for illicit activities should do the same with Fiat – it is used for anything including — but not limited to — those you have mentioned.
Let's see what will happen in the next 12 years whether bitcoin still exists or no trading volume at all as Satoshi said.
We don't know yet if bitcoin could penetrate every level of market which it still not suitable for micro payment and has high fees for big transaction as well. Most people treating bitcoin as investment object to trade for cash or long term savings obviously, and just few citizens that use it as currency right now
sr. member
Activity: 630
Merit: 263
Bitcoin haven't got used among the all levels of society. The cryptocurrency network doesn't have any difference in its form, but in my experience I think some level of people use it for big transaction and others as an earning source, and the one who has a good backing and need a further growth invest into it without thinking much. Because even a loss won't affect his living unlike common people,also those people will be the one who profit good.
Bitcoin has not reached to all society people as it is still in its earlier stage. When considering the rate of adoption of bitcoin worldwide, we can be sure bitcoin will be used by each and every society of this world. Because even tribles are now using mobile phone, hopefully they also will start adopting new payment systems like bitcoins.
Many payment systems are already accept payment in bitcoins. Now with this problem anymore. It seems to me that the main problem with the spread of bitcoins is the lack of the possibility of earning bitcoins. Mine may not be everything, but taps is not earnings, a toy for children.
legendary
Activity: 1232
Merit: 1029
Bitcoin haven't got used among the all levels of society. The cryptocurrency network doesn't have any difference in its form, but in my experience I think some level of people use it for big transaction and others as an earning source, and the one who has a good backing and need a further growth invest into it without thinking much. Because even a loss won't affect his living unlike common people,also those people will be the one who profit good.
Bitcoin has not reached to all society people as it is still in its earlier stage. When considering the rate of adoption of bitcoin worldwide, we can be sure bitcoin will be used by each and every society of this world. Because even tribles are now using mobile phone, hopefully they also will start adopting new payment systems like bitcoins.
newbie
Activity: 53
Merit: 0
Bitcoin is a Currency a Virtual Currency.
The biggest difference is that Bitcoin haves total supply of 21M and Dollars well Trump is in charge so the total supply * Trump = Infinite.
You can obtain Bitcoin more easy then USD. You can get it from Faucets if you want and if you spend enough time you can make some profit. When working for money in some countries you will work for less then 1 dollar an hour.
So yeah it is more for all levels of society in my opinion. You need PC, energy and internet and you are good to go.

It doesnt requires much money and diploma to gain btc,everyone were allowed to used and earn in bitcoin. No gender,education and assets limitation. Its just you and your strategy to gain all needed.

As you said it just require strategy and goal. It is open to everyone to use.
I imagine some day North Korea to have their own Altcoin inside the country. Something like their Internet that is locked system.
sr. member
Activity: 546
Merit: 256
I really agree, everyone can use it. Not looking up-high, old-young, rich-poor, not even looking at the tribe, race and class ...

Not everyone though, how can a poor people use a digital currency when he can't even afford one and can't even use a computer to earn one. How can a tribe use it? if he don't even know what a computer is? Everyone can use it, but at the moment, only some can still take ahold of it.
hero member
Activity: 994
Merit: 502
Bitcoin haven't got used among the all levels of society. The cryptocurrency network doesn't have any difference in its form, but in my experience I think some level of people use it for big transaction and others as an earning source, and the one who has a good backing and need a further growth invest into it without thinking much. Because even a loss won't affect his living unlike common people,also those people will be the one who profit good.
newbie
Activity: 53
Merit: 0
Bitcoin is a Currency a Virtual Currency.
The biggest difference is that Bitcoin haves total supply of 21M and Dollars well Trump is in charge so the total supply * Trump = Infinite.
You can obtain Bitcoin more easy then USD. You can get it from Faucets if you want and if you spend enough time you can make some profit. When working for money in some countries you will work for less then 1 dollar an hour.
So yeah it is more for all levels of society in my opinion. You need PC, energy and internet and you are good to go.
legendary
Activity: 3486
Merit: 1280
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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?

Well, I'm not quite sure about anywhere

For example, in Venezuela some dudes got arrested when they had tried to mine bitcoins (and I've never heard any news about them since then). Anyway, this is certainly not Bitcoin's fault. In general, it is the same in respect to any money, i.e. there are no limits on who is allowed to use, say, the US dollar. Some countries may indeed restrict the circulation of foreign currencies but other than that, money doesn't distinguish between the poor and the rich (in the sense of usage, at least). One dollar (Bitcoin) will remain the same dollar in whoever hands it may turn up to be   
newbie
Activity: 26
Merit: 0
I really agree, everyone can use it. Not looking up-high, old-young, rich-poor, not even looking at the tribe, race and class ...
hero member
Activity: 1092
Merit: 501
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?
In theory bitcoin can be used by everyone, but when we take into account the fees of confirming a transaction then something different comes to my mind, while the fess may not seem that high if you live in a first world country, for someone living in the third world the fees can mean several hours of work so for them bitcoin is not a very effective way to move their money around.
sr. member
Activity: 2422
Merit: 343
Bitcoin is for all levels of the society and all of the levels of the society are using bitcoin for their investment because like us and i think bitcoin will have more availability if the people and country will accept bitcoin as a currency or even legalize it to their country like the other countries already do.
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