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Topic: Bitcoin is Freedom - page 48. (Read 55681 times)

full member
Activity: 195
Merit: 100
February 03, 2017, 07:00:33 PM
I am sure that a lot people find it scary to be responsible for their money as Bitcoin allows them to do so. That's why the majority of the people will choose to continue with storing money in banks. They can't handle that level of responsibility themselves.
Most people can't handle the money, they are raised to be scared of fiat economy, managing their own fund, investing schemes and keeping their own money safe.
They would rather give their money to someone with higher authority - in this case a bank to be free from responsibility in case something will go wrong.
Actually this is true and I totally agree with your opinion. Few people trying to take their profits, and personally invest or invest in their own business. It is better to have to put in the bank for deposit.
People scare of everything that they don't understand. When you hear the concept of bitcoin it sounds as something that you have never faced before, is it?
Bitcoin is real freedom, cause of it's decentralized and nobody controls it yet. I would call bitcoin is clear money which gives you not so many opportunities now, but it is planning to.
How well will the users themselves when peers about bitcoin, then so much faster and it will attract other people. But all can only work and wait.
sr. member
Activity: 294
Merit: 250
February 03, 2017, 06:35:52 PM
I am sure that a lot people find it scary to be responsible for their money as Bitcoin allows them to do so. That's why the majority of the people will choose to continue with storing money in banks. They can't handle that level of responsibility themselves.
Most people can't handle the money, they are raised to be scared of fiat economy, managing their own fund, investing schemes and keeping their own money safe.
They would rather give their money to someone with higher authority - in this case a bank to be free from responsibility in case something will go wrong.
Actually this is true and I totally agree with your opinion. Few people trying to take their profits, and personally invest or invest in their own business. It is better to have to put in the bank for deposit.
People scare of everything that they don't understand. When you hear the concept of bitcoin it sounds as something that you have never faced before, is it?
Bitcoin is real freedom, cause of it's decentralized and nobody controls it yet. I would call bitcoin is clear money which gives you not so many opportunities now, but it is planning to.
sr. member
Activity: 382
Merit: 250
February 03, 2017, 06:16:59 PM
I am sure that a lot people find it scary to be responsible for their money as Bitcoin allows them to do so. That's why the majority of the people will choose to continue with storing money in banks. They can't handle that level of responsibility themselves.
Most people can't handle the money, they are raised to be scared of fiat economy, managing their own fund, investing schemes and keeping their own money safe.
They would rather give their money to someone with higher authority - in this case a bank to be free from responsibility in case something will go wrong.
Actually this is true and I totally agree with your opinion. Few people trying to take their profits, and personally invest or invest in their own business. It is better to have to put in the bank for deposit.
sr. member
Activity: 287
Merit: 250
February 03, 2017, 05:51:10 PM
Methods and scope of my earnings does not give me the opportunity to use bitcoin in all of its benefits. I understand all the advantages of the currency, but life dictates other conditions today. For me, bitcoin is not achievable in full.
sr. member
Activity: 428
Merit: 250
February 03, 2017, 05:14:25 PM
freedom does not give Bitcoin. Her presence gives a lot of money. Then it does not matter how much and how to pay the commission.
I think that people are very much want. The fact that the money is already exist in the free use in humans, offers great advantages. A bitcoin just gave space capabilities when compared with the abolition of serfdom.
full member
Activity: 189
Merit: 100
February 03, 2017, 04:06:23 PM
If we compare the concept of freedom and bitcoin, I see this as an opportunity for the common man to receive via bitcoin freedom or in other words the ability to get away from the negative influence or theft from financial institutions in the country. But this does not apply to the very wealthy people who are trying to escape from their saving millions of income tax.
full member
Activity: 210
Merit: 100
January 24, 2017, 02:40:13 PM
freedom does not give Bitcoin. Her presence gives a lot of money. Then it does not matter how much and how to pay the commission.
hero member
Activity: 560
Merit: 502
January 24, 2017, 02:01:12 PM
I am sure that a lot people find it scary to be responsible for their money as Bitcoin allows them to do so. That's why the majority of the people will choose to continue with storing money in banks. They can't handle that level of responsibility themselves.
Most people can't handle the money, they are raised to be scared of fiat economy, managing their own fund, investing schemes and keeping their own money safe.
They would rather give their money to someone with higher authority - in this case a bank to be free from responsibility in case something will go wrong.
legendary
Activity: 1862
Merit: 1505
January 24, 2017, 12:38:19 PM
I'm a bitcoin fanatic here but I was wondering how come that Bitcoin is freedom, I think it is not, Only bitcoin can give us financial freedom and freedom to achieve our dreams in life. and it is not specify where bitcoin become a freedom?

Well i think the point is bitcoin is freedom because we can send bitcoin all over the world in easy way and fast and also anonymous. Well also because we can earn from it we can get a ton of benifits of it. Well it is not all about bitcoin or money to achieved our dreams in life it is all about hardwork and inspiration.

I don't think being able to send/receive money from anywhere in the world fast, easy, and anonymously is freedom at all. That's simply sending money without having to reveal your identity. I think the "freedom" that you guys are looking for is the freedom from the government. Ever since, we've been a slave of the government when it comes to money because they control fiat. Literally every single transaction that you made has tax, sending money has fees. Every movement of the money gives the government more money. In bitcoins, we don't have that. You can transfer millions of bitcoins and no one would take fees/tax except for the little transaction fees which costs almost nothing.

Yup, all that fast and easy process is very old progress, but the freedom from administration/government is the main advantage of bitcoin.

We're free from rules, regulations and taxes. That's what makes actual room of freedom in bitcoin.
hero member
Activity: 1190
Merit: 511
January 24, 2017, 12:13:20 PM
I'm a bitcoin fanatic here but I was wondering how come that Bitcoin is freedom, I think it is not, Only bitcoin can give us financial freedom and freedom to achieve our dreams in life. and it is not specify where bitcoin become a freedom?

Well i think the point is bitcoin is freedom because we can send bitcoin all over the world in easy way and fast and also anonymous. Well also because we can earn from it we can get a ton of benifits of it. Well it is not all about bitcoin or money to achieved our dreams in life it is all about hardwork and inspiration.
yes i am also agree with you that bitcoin is freedom.
Bitcoin changes my life for real, and bitcoin is freedom in any aspect, I have been financially free, I am able to buy the things I want that I can't afford if I am just an ordinary employee, and freedom since I am able to buy anything through online and I am using bitcoin as payment for it. Bitcoin has been my partner in life.
hero member
Activity: 532
Merit: 500
January 24, 2017, 11:50:46 AM
I'm a bitcoin fanatic here but I was wondering how come that Bitcoin is freedom, I think it is not, Only bitcoin can give us financial freedom and freedom to achieve our dreams in life. and it is not specify where bitcoin become a freedom?

Well i think the point is bitcoin is freedom because we can send bitcoin all over the world in easy way and fast and also anonymous. Well also because we can earn from it we can get a ton of benifits of it. Well it is not all about bitcoin or money to achieved our dreams in life it is all about hardwork and inspiration.
yes i am also agree with you that bitcoin is freedom, the decentralization character of bitcoin really make it more effective you can use bitcoin, anywhere without changing it in any local currency, because it is acceptable in all over the world with same value. it is really more easy transfer your bitcoin from one place to another coasting a minor transaction fee, so we can really call bitcoin as freedom.
legendary
Activity: 1008
Merit: 1060
January 24, 2017, 07:35:58 AM
I'm a bitcoin fanatic here but I was wondering how come that Bitcoin is freedom, I think it is not, Only bitcoin can give us financial freedom and freedom to achieve our dreams in life. and it is not specify where bitcoin become a freedom?

Well i think the point is bitcoin is freedom because we can send bitcoin all over the world in easy way and fast and also anonymous. Well also because we can earn from it we can get a ton of benifits of it. Well it is not all about bitcoin or money to achieved our dreams in life it is all about hardwork and inspiration.

I don't think being able to send/receive money from anywhere in the world fast, easy, and anonymously is freedom at all. That's simply sending money without having to reveal your identity. I think the "freedom" that you guys are looking for is the freedom from the government. Ever since, we've been a slave of the government when it comes to money because they control fiat. Literally every single transaction that you made has tax, sending money has fees. Every movement of the money gives the government more money. In bitcoins, we don't have that. You can transfer millions of bitcoins and no one would take fees/tax except for the little transaction fees which costs almost nothing.
hero member
Activity: 798
Merit: 505
January 23, 2017, 09:42:50 AM
I'm a bitcoin fanatic here but I was wondering how come that Bitcoin is freedom, I think it is not, Only bitcoin can give us financial freedom and freedom to achieve our dreams in life. and it is not specify where bitcoin become a freedom?

Well i think the point is bitcoin is freedom because we can send bitcoin all over the world in easy way and fast and also anonymous. Well also because we can earn from it we can get a ton of benifits of it. Well it is not all about bitcoin or money to achieved our dreams in life it is all about hardwork and inspiration.
hero member
Activity: 1022
Merit: 500
January 23, 2017, 09:28:56 AM
I'm a bitcoin fanatic here but I was wondering how come that Bitcoin is freedom, I think it is not, Only bitcoin can give us financial freedom and freedom to achieve our dreams in life. and it is not specify where bitcoin become a freedom?
hero member
Activity: 2954
Merit: 672
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January 20, 2017, 11:44:40 PM

Bitcoin is indeed a sort of freedom because you can control it by yourself and it can be done completely anonymous.
This why many now are using bitcoin, I mean users are increasing and it is all because of being and having an anonymous account that they can not be traced by other people so Bitcoin is freedom, but there are users that abuses its freedom uses in illegal ones.
 
anonymity alone is not considered as a freedom but the real freedom of bitcoin is that you will not need to have job from any supervisor you are free to do trade of bitcoin wih your oun wish and the other freedom is that with bitcoin you are not restricted by the government to send to anyone the money like you can send your money to any country of the world.

As mentioned anonymity of bitcoin is one among the factor which makes using bitcoin as a freedom to its users. Freedom in other terms is the intermediaries who just earn a lot is avoided with the help of our miners who provide the confirmations with low fee comparatively.
That's right, the anonymity will help us to transact online without being watch. Honestly, a lot of people does not know that it's not safe to transact online that's why their personal information were hacked, just like the incident of stolen credit card information, it's really risky, there's a lot of smart people who takes advantages on our weakness.

Good thing bitcoin was created, it gives us more security and since it gives us freedom as well, we must continue to support it so others will experience convenience in online transaction also.
legendary
Activity: 3486
Merit: 1280
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January 20, 2017, 03:37:31 PM
I do not think that the time will come when all people will bitcoin planet free from their governments, and leave control of their finances in the past. It seems to me nobody not allow it.

It's simply impossible for Bitcoin to completely cut al ties with governments, but that shouldn't be the main point. Important is that Bitcoin gives us the ability to store a portion of our wealth outside the banking system if we so wish. It doesn't mean we must do it, it's just that we have that option open to experience some level of financial freedom. I am sure that a lot people find it scary to be responsible for their money as Bitcoin allows them to do so. That's why the majority of the people will choose to continue with storing money in banks. They can't handle that level of responsibility themselves.

That's why accepting Bitcoin by governments is important

At least, in the same degree as foreign currencies are accepted in most countries, up to a point where you can open a deposit account in any major currency, e.g. the US dollar or Euro. If Bitcoin is officially equaled to a foreign currency and there are no specific regulations prohibiting banks from dealing with Bitcoin (like it is done in China), regular banks would be able to open Bitcoin accounts in pretty much the same manner they do it right now with foreign currencies. Thereby people which are scared to be their own banks would be able to use Bitcoin just like they use foreign currencies today. This doesn't in the least mean that anyone will be forced to use these services as I already anticipate plenty of ado rising against this possibility

That is one of the positive side, but if I want my investment to be known by government I would just choose foreign currency or other valuable items like gold, silver or oil to invest, when I want to invest in bitcoin I want freedom, I want my wealth being hidden by the government and by anyone, I think that is one of the purpose bitcoin being created

Not all people are like you (and me, for that matter)

Indeed, no one wants his wealth to be known to anyone (unless he just wants to show up) and still less to the government. But many wealthy people like Warren Buffett made their fortune without concealing their activities from the government, and if they walked the other path (the path of hiding their income) they might not have made it to the top of financial elites. We might not know all the things of course ("never ask me how I earned my first million dollars"), but we at least know what their wealth roughly amounts to, and so does the government obviously
legendary
Activity: 2646
Merit: 1106
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January 20, 2017, 10:28:55 AM

Bitcoin is indeed a sort of freedom because you can control it by yourself and it can be done completely anonymous.
This why many now are using bitcoin, I mean users are increasing and it is all because of being and having an anonymous account that they can not be traced by other people so Bitcoin is freedom, but there are users that abuses its freedom uses in illegal ones.
 
anonymity alone is not considered as a freedom but the real freedom of bitcoin is that you will not need to have job from any supervisor you are free to do trade of bitcoin wih your oun wish and the other freedom is that with bitcoin you are not restricted by the government to send to anyone the money like you can send your money to any country of the world.

As mentioned anonymity of bitcoin is one among the factor which makes using bitcoin as a freedom to its users. Freedom in other terms is the intermediaries who just earn a lot is avoided with the help of our miners who provide the confirmations with low fee comparatively.
hero member
Activity: 798
Merit: 500
January 20, 2017, 10:12:57 AM

Bitcoin is indeed a sort of freedom because you can control it by yourself and it can be done completely anonymous.
This why many now are using bitcoin, I mean users are increasing and it is all because of being and having an anonymous account that they can not be traced by other people so Bitcoin is freedom, but there are users that abuses its freedom uses in illegal ones.
 
anonymity alone is not considered as a freedom but the real freedom of bitcoin is that you will not need to have job from any supervisor you are free to do trade of bitcoin wih your oun wish and the other freedom is that with bitcoin you are not restricted by the government to send to anyone the money like you can send your money to any country of the world.
legendary
Activity: 1666
Merit: 1001
January 20, 2017, 09:39:12 AM
I do not think that the time will come when all people will bitcoin planet free from their governments, and leave control of their finances in the past. It seems to me nobody not allow it.

It's simply impossible for Bitcoin to completely cut al ties with governments, but that shouldn't be the main point. Important is that Bitcoin gives us the ability to store a portion of our wealth outside the banking system if we so wish. It doesn't mean we must do it, it's just that we have that option open to experience some level of financial freedom. I am sure that a lot people find it scary to be responsible for their money as Bitcoin allows them to do so. That's why the majority of the people will choose to continue with storing money in banks. They can't handle that level of responsibility themselves.

That's why accepting Bitcoin by governments is important

At least, in the same degree as foreign currencies are accepted in most countries, up to a point where you can open a deposit account in any major currency, e.g. the US dollar or Euro. If Bitcoin is officially equaled to a foreign currency and there are no specific regulations prohibiting banks from dealing with Bitcoin (like it is done in China), regular banks would be able to open Bitcoin accounts in pretty much the same manner they do it right now with foreign currencies. Thereby people which are scared to be their own banks would be able to use Bitcoin just like they use foreign currencies today. This doesn't in the least mean that anyone will be forced to use these services as I already anticipate plenty of ado rising against this possibility

That is one of the positive side, but if I want my investment to be known by government I would just choose foreign currency or other valuable items like gold, silver or oil to invest, when I want to invest in bitcoin I want freedom, I want my wealth being hidden by the government and by anyone, I think that is one of the purpose bitcoin being created
hero member
Activity: 994
Merit: 544
January 20, 2017, 08:40:32 AM
Bitcoin is Freedom sounds very good words but Freedom is just about money only absolutely no ,it is something much bigger than that.
Money is never given freedom. However, the good financial position of the person opens up many possibilities. Therefore, only one who really has enough bitcoin and knows what to do with it, that will be really free.
It depends on the type of money because, if the individual depends entirely on fiat currency, in fact it is difficult to say that he/she is free, since the government has control over the way that this currency is issued, so the government also has control on the value of that currency. However, if the person choose Bitcoin, this person chose one of the few ways to have freedom.
We choose bitcoin to have a freedom also while we bypass the government regulations, this is freedom in my perception overall because once not controlled or regulated, we can do anything we want to do. It's a freedom because we are not required to pay taxes even though we are making money in the crypto world, this freedom is not sure would last but I am confident the system will not change, it will be decentralized forever.

As for now bitcoin is not regulated or being taxed by the government. But if the time comes that bitcoin received mass adoption that will be the time that government will place measures to tax bitcoin. If the government will not monitor bitcoin it will be used for tax evasion and money laundering that will kill the countries treasury. If that happens government services will be dead and it is us who will suffer and that is why government will regulate bitcoin to collect more taxes and sustain the economy while continuing the delivery of welfare services to the public.
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