Bitcoin for all levels of society, without any difference - page 22.

Monnt

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Quote from: pitham1 on May 24, 2017, 10:07:33 PM

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?

Well, if the poor have $100 worth of Bitcoin, they wouldn't want to shell out close to a $ before they can move their money.
For true universalization, bitcoin fees should be negligible. Right now, they aren't.

We can have faith on consensus of bitcoin ecosystem to restore all the aspects of universalization as what we have some one year back. When bitcoin supports quick and cheaper transacting mode, we can be sure all levels of society will start adopting bitcoins. Right now, bitcoin is already doing so, still fees are costlier than before and confirmations take delays.

Other than these, infinitely divisible nature of bitcoin will support any poor country people also able to have some bitcoins. This is still possible regardless of bitcoin prices may reach value in millions.

radjie

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Bitcoin is an alternative transaction tool in the form of digital currency which aims to the users can feel easy to transact anytime anywhere, Bitcoin can also be used by anyone either rich or poor as we make payments using paper money and it can be used by the general public.

syaripudin

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Of course, bitcoin can get into all walks of life, for example, I myself belong to the lower middle class, but I can find additional income through bitcoin, so I do not think there is any social limitation in bitcoin

pitham1

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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?

Well, if the poor have $100 worth of Bitcoin, they wouldn't want to shell out close to a $ before they can move their money.
For true universalization, bitcoin fees should be negligible. Right now, they aren't.

Sled

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Bitcoin- in bullish time

Quote from: Casabrandy on May 24, 2017, 08:33:53 PM

Quote from: grim007 on May 24, 2017, 06:44:38 PM

Quote from: BitcoinPanther on May 24, 2017, 04:50:10 PM

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 agree, everyone can have access to bitcoin but to be able to use it, we need to buy them. Bitcoin is not free since it needs a lot of resources to acquire it. Though all walks of life have right to buy and use bitcoin, if they have it, in any way they wanted.

We can work here to earn bitcoin, bitcoin is for everyone ,its value is given same to anyone. Its just for us if we will buy or will work to earn it.

It is for all since it can help a lot us, in doesnt require any amount of value to learn or to have it ,theres no boundary for rich and not so rich user so its for everyone.

That is right, bitcoin doesn't require any financial status to use it, as long as you know how to use bitcoin and how it works then you are really welcome to the bitcoin world. It doesn't matter if you don't have money to buy a whole bitcoin because you can buy it from decimal or earn it thru online tasks that will pay you bitcoin like signature campaigns and freelance jobs.

Casabrandy

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Quote from: grim007 on May 24, 2017, 06:44:38 PM

Quote from: BitcoinPanther on May 24, 2017, 04:50:10 PM

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 agree, everyone can have access to bitcoin but to be able to use it, we need to buy them. Bitcoin is not free since it needs a lot of resources to acquire it. Though all walks of life have right to buy and use bitcoin, if they have it, in any way they wanted.

We can work here to earn bitcoin, bitcoin is for everyone ,its value is given same to anyone. Its just for us if we will buy or will work to earn it.

It is for all since it can help a lot us, in doesnt require any amount of value to learn or to have it ,theres no boundary for rich and not so rich user so its for everyone.

grim007

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Quote from: BitcoinPanther on May 24, 2017, 04:50:10 PM

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 agree, everyone can have access to bitcoin but to be able to use it, we need to buy them. Bitcoin is not free since it needs a lot of resources to acquire it. Though all walks of life have right to buy and use bitcoin, if they have it, in any way they wanted.

We can work here to earn bitcoin, bitcoin is for everyone ,its value is given same to anyone. Its just for us if we will buy or will work to earn it.

BitcoinPanther

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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 agree, everyone can have access to bitcoin but to be able to use it, we need to buy them. Bitcoin is not free since it needs a lot of resources to acquire it. Though all walks of life have right to buy and use bitcoin, if they have it, in any way they wanted.

skorupi17

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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?

Regardless of the social standing of a person, he/she can use bitcoin. Pointing out that rich people have more bitcoin does not remove the fact that it is still accessible to a lower class in the society. Yes rich people have more bitcoin, that is obvious because they have more money and if we apply the logic for the middle class, they have fewer bitcoin (compared to rich people) because they have less money that the rich ones. The main idea of this thread is that Bitcoin is open for anyone or can be used by anyone regardless of his/her social standing. Well the consideration of affording bitcoin is still in the picture. Simply saying, Bitcoin is for anyone because no one owns Bitcoin.

Bitcoin can be used for any purpose the user wants, legal/illegal, it does not matter. Just like fiat, we cannot control how the people use them. It is just like minding your own business.

CARrency

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Quote from: DRaGoN RaNTaRo on May 23, 2017, 10:37:23 AM

Bitcoin started out as a way for everyone and for every levels of society but things have changed a lot now,the money coming into bitcoin now is really huge,i guess big investment firms involved in trading are spending their time and investment in bitcoin and other alt coin market and so is the only reason we are having these sort of big rallies.

That is right, I was first introdiced to bitcoin, if I am not mistaken, June last year. I've started to earn bitcoin through faucets, Freebitco.in which is really fun for me, I can also gamble there which is really good. And the price of bitcoin that time is at $600 as I can remember. Until I've searched another way to earn them because I've had enough of it unil I met these forum at october, though I can't focus at the forum because of my work.

I can afford bitcoin that time, and it is really good, nowadays it is really pricey,and I can't afford one, but I think I am glad that I invested earlier here.

icecube45

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Quote from: Doms on May 23, 2017, 12:54:11 AM

Quote from: icecube45 on May 23, 2017, 12:41:27 AM

In fact I am still questioning whether bitcoin can be used for all levels of society or not, this is still disturbing my mind. I agree it is true, bitcoins are decentralized so everyone is free to use. But is it true that the poor people could use bitcoin? Because in fact the price of bitcoin is very high and I'm not sure they can afford it, and I'm sure they have not known and used this technology. So I think bitcoin still can not reach all levels of society, and only a few who use it.

The thing with bitcoin is that you don't really need a huge amount to even own a little because it can be bought in small fractions. Even the poor can have some of it if they just set aside a small portion of what they earn. Being that it must be done online is the real challenge for them but since mobile phones are now everywhere and data charges aren't that expensive anymore, this also isn't too big an obstacle anymore.

Yes indeed buy bitcoin can be done with small fractions, but whether the poor can afford and want to buy bitcoin? I am sure if people are really in a poor state they will think better to buy the main needs (such as food and education). And I'm sure they are still not familiar with this technology, this may be due to their limitations. Perhaps more precisely if bitcoin reaches all levels of society if they can.

DRaGoN RaNTaRo

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Bitcoin started out as a way for everyone and for every levels of society but things have changed a lot now,the money coming into bitcoin now is really huge,i guess big investment firms involved in trading are spending their time and investment in bitcoin and other alt coin market and so is the only reason we are having these sort of big rallies.

SoulBargain

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Quote from: Doms on May 23, 2017, 12:54:11 AM

Quote from: icecube45 on May 23, 2017, 12:41:27 AM

In fact I am still questioning whether bitcoin can be used for all levels of society or not, this is still disturbing my mind. I agree it is true, bitcoins are decentralized so everyone is free to use. But is it true that the poor people could use bitcoin? Because in fact the price of bitcoin is very high and I'm not sure they can afford it, and I'm sure they have not known and used this technology. So I think bitcoin still can not reach all levels of society, and only a few who use it.

The thing with bitcoin is that you don't really need a huge amount to even own a little because it can be bought in small fractions. Even the poor can have some of it if they just set aside a small portion of what they earn. Being that it must be done online is the real challenge for them but since mobile phones are now everywhere and data charges aren't that expensive anymore, this also isn't too big an obstacle anymore.

This is not applicable with very poor people. Those who barely sustain there daily needs and don't have any means to access it since they need money to a much important purpose and that might be food, education, and etc. Bitcoin sees no boundaries regarding your social class as long as you have a gadget that can have an access to the internet so thus to Bitcoin then you're good to go.

Doms

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Quote from: icecube45 on May 23, 2017, 12:41:27 AM

In fact I am still questioning whether bitcoin can be used for all levels of society or not, this is still disturbing my mind. I agree it is true, bitcoins are decentralized so everyone is free to use. But is it true that the poor people could use bitcoin? Because in fact the price of bitcoin is very high and I'm not sure they can afford it, and I'm sure they have not known and used this technology. So I think bitcoin still can not reach all levels of society, and only a few who use it.

The thing with bitcoin is that you don't really need a huge amount to even own a little because it can be bought in small fractions. Even the poor can have some of it if they just set aside a small portion of what they earn. Being that it must be done online is the real challenge for them but since mobile phones are now everywhere and data charges aren't that expensive anymore, this also isn't too big an obstacle anymore.

icecube45

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In fact I am still questioning whether bitcoin can be used for all levels of society or not, this is still disturbing my mind. I agree it is true, bitcoins are decentralized so everyone is free to use. But is it true that the poor people could use bitcoin? Because in fact the price of bitcoin is very high and I'm not sure they can afford it, and I'm sure they have not known and used this technology. So I think bitcoin still can not reach all levels of society, and only a few who use it.

Sled

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Bitcoin- in bullish time

Quote from: radjie on May 22, 2017, 09:44:38 PM

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 should be like that bitcoin can be used by anyone either the poor or the rich, But so far many people still do not know the bitcoin.

They didn't know about bitcoin because they are closed minded and they are mostly not interested in online opportunities but if they will be just open minded then they can fully understand bitcoin and embrace it as an opportunity to earn money and that being closed minded is serving as a barrier between bitcoin and people.

radjie

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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 should be like that bitcoin can be used by anyone either the poor or the rich, But so far many people still do not know the bitcoin.

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Quote from: AjithBtc on May 22, 2017, 09:24:13 AM

Quote from: megynacuna on May 22, 2017, 09:16:25 AM

Like money Bitcoin was made for all as a legal tender in the procurement of goods and services so I don't see why there should be discriminations in its usage but rather it depends on how much each individual possesses.

Agreed, bitcoin don't make any discrimination among the users, but the value possessed by every user cause a discrimination. In my opinion one who holds high fiat holds large volume of bitcoin. So they'rethe one who profit with it. The mid level people always strive for a better earning access.

Anything expensive enough will sooner or later cause discrimination. Just because there will be people who are too poor to obtain it.
Bitcoin at the beginning was almost worthless, therefore was available for basically everyone interested. Situation changed.
Now, when 1 BTC is worth more than $2000 not everyone can afford to buy 1 BTC.
It's true that you can buy BTC worth $10 or $100 but soon $100 will be enough to buy you 100.000 satoshi or other ridiculous low amount of BTC.

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I beleive that was the idea for Bitcoin from the begininig, I don't think that intention was to create some kind of elite. But like traditionaly money isn't equaly accessible to all so it's the case with Bitcoin and other cryptocurrencies. Internet connection, education, understanding of new technologies, these are all problems people are facing on the way to use Bitcoin.

AjithBtc

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Quote from: megynacuna on May 22, 2017, 09:16:25 AM

Like money Bitcoin was made for all as a legal tender in the procurement of goods and services so I don't see why there should be discriminations in its usage but rather it depends on how much each individual possesses.

Agreed, bitcoin don't make any discrimination among the users, but the value possessed by every user cause a discrimination. In my opinion one who holds high fiat holds large volume of bitcoin. So they'rethe one who profit with it. The mid level people always strive for a better earning access.

Topic: Bitcoin for all levels of society, without any difference - page 22. (Read 5380 times)