Topic: Bitcoin is Not An Organization - page 2. (Read 371 times)
As @nullius has eloquently put it Bitcoin: The Social Phenomenon. So it's not an organization nor an industry.
After proving it is a DAO, he still wants me to provide more direct evidence that Bitcoin is an organization taking actions; needless to say, I am confused and could use some expert opinions here.
Bitcoin's miners are constantly making decisions about which valid transactions to include in the next block. Developers are working on new versions of the software and users make a decision whether to update to new version or not. If the new version is not backwards compatible, it creates a chain split, and users decide which chain they want to use (or they can use both from now on).
So, speaking very broadly, Bitcoin does take actions, but if you only speak about the network, then there's not much actions, it's all just transactions of currency, there's no big decisions to be made like companies or governments have to do.
You are messing organization with a currency.
There's no central party to organize people working for bitcoin. There's no company or business operating for havinh profit. I guess you are taking Bitcoin as like some other payment gateway like Paypal, Perfect Money or other.
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an organized group of people with a particular purpose, such as a business or government department.
A definition of organization from google.There's no central party to organize people working for bitcoin. There's no company or business operating for havinh profit. I guess you are taking Bitcoin as like some other payment gateway like Paypal, Perfect Money or other.
Yes, bitcoin is not by any means an organization. The reason why his prof is not accepting that statement. The writer should have read the basics of bitcoin and he will understand that it is not to be called an organization.
Bitcoin is not an organization.
Thank you for the clarification! We are about to solve it anyway! Can you share your opinion about why you are thinking like this way, please!!!
We are thinking the same there is no organization behind the door. But what drives you to think like that? Thus, we become a little enlightened.
Thank you in advance.
Bitcoin is not an organization.
If this is for paper or thesis, you would have a difficult time finding the appropriate theories that could define a 'currency' as an organization. It's probably more of a social movement, but not an organization. There are some organizations such as Ethereum Foundation if you broaden your perspective on the overall crypto market, but you can't call Ethereum an organization either.
You should have some definition first before you proceed further, and then collect the data based on the theories. Don't start from the conclusion and then forced to find something that can 'support' it.
You should have some definition first before you proceed further, and then collect the data based on the theories. Don't start from the conclusion and then forced to find something that can 'support' it.
You are messing organization with a currency.
There's no central party to organize people working for bitcoin. There's no company or business operating for havinh profit. I guess you are taking Bitcoin as like some other payment gateway like Paypal, Perfect Money or other.
Quote
an organized group of people with a particular purpose, such as a business or government department.
A definition of organization from google.There's no central party to organize people working for bitcoin. There's no company or business operating for havinh profit. I guess you are taking Bitcoin as like some other payment gateway like Paypal, Perfect Money or other.
NOT MY WORDS - These are the words from my Professor who just penalized me for writing that Bitcoin is an organization - its an industry; according to him it is NOT an organization but an industry or just a thing!
As a scholar studying for my MBA, I am in a huge fight with my Professor who will not change my grade based off his own inability to understand that Bitcoin is a DAO - a real organization, but not structured as as most because it is decentralized.
After proving it is a DAO, he still wants me to provide more direct evidence that Bitcoin is an organization taking actions; needless to say, I am confused and could use some expert opinions here.
As a scholar studying for my MBA, I am in a huge fight with my Professor who will not change my grade based off his own inability to understand that Bitcoin is a DAO - a real organization, but not structured as as most because it is decentralized.
After proving it is a DAO, he still wants me to provide more direct evidence that Bitcoin is an organization taking actions; needless to say, I am confused and could use some expert opinions here.
Why did you think Bitcoin is an enterprise or organization? Bitcoin is a blockchain-linked cryptocurrency implemented by "Satoshi". And any organization has no connection. No organization has the power to control it. A system that anyone can get involved. Which organization gives you a chance in the decision-making process? Let me answer: none of them!
You can read the Bitcoin whitepaper to understand what Bitcoin is.
BTC itself is not an organization, what sources did you use that gives you an idea that its an organization?. I can't call it an industry either, but you can say blockchain or crypto industry as a whole.
I don't think Bitcoin is an organization in the right sense. From Bitcoin FAQ: "No individual or organization can control or manipulate the Bitcoin protocol ..." so yeah, your professor is right, Bitcoin is more of a protocol, network, technology ... or even an industry.
NOT MY WORDS - These are the words from my Professor who just penalized me for writing that Bitcoin is an organization - its an industry; according to him it is NOT an organization but an industry or just a thing!
As a scholar studying for my MBA, I am in a huge fight with my Professor who will not change my grade based off his own inability to understand that Bitcoin is a DAO - a real organization, but not structured as as most because it is decentralized.
After proving it is a DAO, he still wants me to provide more direct evidence that Bitcoin is an organization taking actions; needless to say, I am confused and could use some expert opinions here.
As a scholar studying for my MBA, I am in a huge fight with my Professor who will not change my grade based off his own inability to understand that Bitcoin is a DAO - a real organization, but not structured as as most because it is decentralized.
After proving it is a DAO, he still wants me to provide more direct evidence that Bitcoin is an organization taking actions; needless to say, I am confused and could use some expert opinions here.
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