Bitcoin is not just a currency, but represents a new human civilization

oHnK

hero member

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Quote from: Pmalek on August 09, 2021, 08:33:53 AM

a government agency could contact the exchange and request them to hand over information about a certain individual who they suspect might be laundering money or avoiding to pay their taxes.

Bitcoin is considered a currency, but sometimes I have doubts about whether BTC can really be used in such a massive way that it is accepted worldwide. Its very high volatility will complicate the adoption process. Isn't the currency condition acceptable because it's stable? so that in the company it will be easier to budget and execute transactions. We understand how difficult it is to make a price reference if the BTC price is too volatile. Hedging is also difficult to do if the volatility is like this. This is still my opinion that can be corrected if wrong.

blckhawk

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it truly represents the future in both the economy and civilization, because bitcoin gives the people the choice to invest for their future and also it gives people the convenience of having assets without using physical bills and coins. having utilizing bitcoin in the economy have a very big potential in the sense that transaction would be more convenient and safe.

Aliceooo78

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I know that he can keep my wealth from shrinking, but also to appreciate. My heart is content. that's enough. Philosophy always makes me feel far away from me. I just live every day and leave the rest to smarter people。

Levero

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Bitcoin represents a new human civilization. It is improving our lives, building a strong consensus around the world and solving many problems. Bitcoin's decentralization allows people to trade freely without government control. It also connects users all over the world and fast transactions without borders. It brings us freedom of wealth and freedom of thought, and gives us real freedom.
The existence of Bitcoin brings more new colors to the world, brings more value and benefits to people, and brings positive changes to our lives. The development of Bitcoin still has great potential and is an important part of the future. Its development is the beginning of a new civilization.

Wong Gendheng

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Quote from: Roberto_2500 on August 02, 2021, 09:40:30 AM

Bitcoin is a revolution that requires 3 stages: The 1st phase where the project is ridiculous, the 2nd phase where bitcoin becomes dangerous and finally the 3rd phase where Bitcoin will be accepted by all as obvious. We are today at the end of the 1st phase.

We are looking forward to the latest developments from bitcoin adoption which have been developed by many companies in the world, I hope there will be massive acceptance, the first thing we have to go through to get to the next stage is the number of active users that continues to increase, without large users it will be easy to control bitcoin .

Kittygalore

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Hopefully your new civilization of humans fix the slowly deteriorating present civilization because it really needs fixing right now, corruption in politics, unstable foreign policies of superpower nations, terrorism across the globe and the continuous clandestine nuclear and arms race. Bitcoin needs to fix a lot of those things.

BobK71

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Leading Crypto Sports Betting & Casino Platform

You have so beautifully expressed your thoughts about Bitcoin which really appreciable. I mean Bitcoin is a place where it can be integrated in any direction you can imagine. Bitcoin is not just a currency in the future a variety of subject matter will be centered around it.

Nutrient

jr. member

Activity: 68

Merit: 1

I admire your ability to break down the complexity and dynamics of Bitcoin into simple words. Thank you for taking out your time to write and share this article with us all. It was worth every bit of read. The full potentials of the entirety of Bitcoin hasn’t fully been realized. Indeed Bitcoin cannot be categorized as just a coin. It’s a new era of human civilization.

RainbowKun

copper member

Activity: 154

Merit: 234

Quote from: Connor Britton on August 15, 2021, 09:57:41 PM

Quote from: RainbowKun on June 30, 2021, 09:51:19 PM

"There are a thousand Hamlets in a thousand people's eyes". Because people have different backgrounds, positions, cognitions and experiences, their understanding of Bitcoin is also different. Some people regard Bitcoin as their belief and continue to work hard for the global promotion of Bitcoin. Some people regard Bitcoin as a new technology to improve their technical development skills. Some people regard Bitcoin as an investment, hope to make a fortune through Bitcoin investment. Some people regard Bitcoin as a securities asset as part of their asset allocation.

There are half of the people in the encrypted currency just want to make money, they will not pay attention to the concept of Bitcoin, the idea of Bitcoin. Others just appreciate Bitcoin technology, just study Bitcoin technology, and is not interested in bitcoin thinking.
If there is a bit civilization, it may only be known in the encryption world. In daily life, people will not care about what is now. Your idea is very advanced, but it is not close to real life.

I put forward the concept of bit civilization here, which is more of a prediction or judgment of the future. Yes, although Bitcoin has made significant achievements today, it is still far from the level of civilization. Bitcoin is currently limited to the crypto world. The vast majority of people in the world still don't know anything about Bitcoin. However, more and more people in the world are beginning to recognize and embrace Bitcoin, and this group of people is increasing faster and faster. More and more people are accepting the ideas of Bitcoin, which are part of the Bitcoin civilization. It is a long process to build a new human civilization with Bitcoin, but I believe it will come.

Connor Britton

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Quote from: RainbowKun on June 30, 2021, 09:51:19 PM

"There are a thousand Hamlets in a thousand people's eyes". Because people have different backgrounds, positions, cognitions and experiences, their understanding of Bitcoin is also different. Some people regard Bitcoin as their belief and continue to work hard for the global promotion of Bitcoin. Some people regard Bitcoin as a new technology to improve their technical development skills. Some people regard Bitcoin as an investment, hope to make a fortune through Bitcoin investment. Some people regard Bitcoin as a securities asset as part of their asset allocation.

There are half of the people in the encrypted currency just want to make money, they will not pay attention to the concept of Bitcoin, the idea of Bitcoin. Others just appreciate Bitcoin technology, just study Bitcoin technology, and is not interested in bitcoin thinking.
If there is a bit civilization, it may only be known in the encryption world. In daily life, people will not care about what is now. Your idea is very advanced, but it is not close to real life.

RainbowKun

copper member

Activity: 154

Merit: 234

Quote from: Pmalek on August 09, 2021, 08:33:53 AM

Quote from: jinneas on August 08, 2021, 10:59:46 PM

Bitcoin's decentralization is not controlled by the government and central banks, and it can be used to conduct free transactions without the government's knowledge and taxation.

Decentralization in essence means that a central authority or a system doesn't have the power to control how something works or what direction it will take in the future. Bitcoin transactions, like the majority of other crypto transactions, are not free. You don't pay a centralized entity, but you need to pay the miner to include your transaction in their block.

Depending on what services you use, your government could have the mechanisms to keep track of your crypto activities. If you use centralized exchanges where you have performed KYC, they could be cooperating with your government and share information about the citizens who transact on their platforms. Or a government agency could contact the exchange and request them to hand over information about a certain individual who they suspect might be laundering money or avoiding to pay their taxes.

Yes, as Bitcoin becomes more and more influential in the world. The government will definitely try to control Bitcoin in various ways. Probably the main method is to tax people who own Bitcoin. However, Bitcoin is in a completely independent and completely free economic system. Without the existing monetary system, it is difficult for the government to intervene in the independent operation of the Bitcoin network through administrative power. In this way, each of us is given real freedom to manage our property. The Bitcoin consensus will become stronger and stronger, which will force government agencies to adapt to the development of Bitcoin. Eventually, a new human civilization will be built with Bitcoin as the center.

Pmalek

legendary

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Quote from: jinneas on August 08, 2021, 10:59:46 PM

Bitcoin's decentralization is not controlled by the government and central banks, and it can be used to conduct free transactions without the government's knowledge and taxation.

Decentralization in essence means that a central authority or a system doesn't have the power to control how something works or what direction it will take in the future. Bitcoin transactions, like the majority of other crypto transactions, are not free. You don't pay a centralized entity, but you need to pay the miner to include your transaction in their block.

Depending on what services you use, your government could have the mechanisms to keep track of your crypto activities. If you use centralized exchanges where you have performed KYC, they could be cooperating with your government and share information about the citizens who transact on their platforms. Or a government agency could contact the exchange and request them to hand over information about a certain individual who they suspect might be laundering money or avoiding to pay their taxes.

mrongos

sr. member

Activity: 532

Merit: 250

true as you said, since the development of bitcoin, bitcoin has given us a new civilization, giving freedom in all fields, we are given the freedom to manage our bitcoin, there is no government interference in bitcoin, even third parties are not allowed to regulate us,, bitcoin really give a bright future for us..

RainbowKun

copper member

Activity: 154

Merit: 234

Quote from: Xampeuu on August 09, 2021, 02:20:36 AM

Quote from: DOH! on August 08, 2021, 11:30:17 PM

Since it was developed, bitcoin has become one that has given people an opportunity to learn about how to manage finances independently, specifically and separately. The single entity represents the ultimate financial freedom it can bring to the human world. From which people realize a civilization of money, culture of the new world. That place only provides and serves the future interests of people - by people to manage their freedom. It helps people realize the light of the future lived by freedom.

a change in civilization may be coming soon and we are at least grateful to have known it first. especially when it can make a lot of money. of course we are ready when that time comes and we have enjoyed our hard work so far to collect cryptocurrency

Yes, a brand new civilization built around Bitcoin has arrived. We are the earliest participants and pioneers. There are countless opportunities here, as long as we firmly grasp this opportunity, we can directly change our destiny.

Xampeuu

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Activity: 1442

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Quote from: DOH! on August 08, 2021, 11:30:17 PM

Since it was developed, bitcoin has become one that has given people an opportunity to learn about how to manage finances independently, specifically and separately. The single entity represents the ultimate financial freedom it can bring to the human world. From which people realize a civilization of money, culture of the new world. That place only provides and serves the future interests of people - by people to manage their freedom. It helps people realize the light of the future lived by freedom.

a change in civilization may be coming soon and we are at least grateful to have known it first. especially when it can make a lot of money. of course we are ready when that time comes and we have enjoyed our hard work so far to collect cryptocurrency

DonnyDubai

newbie

Activity: 11

Merit: 0

Absolutely agree! We are also working on a few projects, primarily with real estate and we help to buy properties in Dubai (and other countries) via a Manager's Cheque, so we accept crypto and issue a cheque in local currency. We do the same for other purchases such as cars, motorcycles, boats, etc.

If any of you would need assistance - happy to help!

DOH!

full member

Activity: 812

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Since it was developed, bitcoin has become one that has given people an opportunity to learn about how to manage finances independently, specifically and separately. The single entity represents the ultimate financial freedom it can bring to the human world. From which people realize a civilization of money, culture of the new world. That place only provides and serves the future interests of people - by people to manage their freedom. It helps people realize the light of the future lived by freedom.

jinneas

member

Activity: 116

Merit: 23

Bitcoin is not only an important invention in human history, but also a civilization. It has contributed to the progress of human civilization, has gathered a strong consensus around the world, has allowed us to freedom of thought and wealth, and brought us true freedom.
Bitcoin is a currency system that is completely separated from the bank and only relies on the Internet to operate. In the Bitcoin world, the private key is the full authority to control assets. It is the first time that mankind has used technology to ensure the inviolability of private property. Bitcoin's decentralization is not controlled by the government and central banks, and it can be used to conduct free transactions without the government's knowledge and taxation. It has also had an important impact on the financial system.
The blockchain technology behind Bitcoin is not only a major technological innovation, but also a major innovation in the structure of human organization. And the development space and potential of Bitcoin in the future are unlimited.

RainbowKun

copper member

Activity: 154

Merit: 234

Quote from: retnoanjani on August 03, 2021, 05:20:04 PM

Quote from: AniviaBtc on August 02, 2021, 07:25:55 AM

This is a bit tiring to read but the content and topic is worthy so hoping that people will still spend time to read your post.

We're really a new type of civilization where we value digital and we can't really live a good life without the use of internet.

Bitcoin symbolizes development, evolution, and how we value our investment and our future.

but quite informative.
btw, technological developments will definitely bring a lot of new innovations. Human needs are increasing along with the times, providing many solutions to previous problems. like bitcoin which offers innovation full of freedom and transparency without involving third parties, yes ... the era of decentralization is starting to develop. because it is very contrary to the centralized system that has existed for a long time, btc has many pros and cons. to be well received, it takes a lot of process and time, just as evolution takes tens or even thousands of years to reach the best stage.

Yes, this is really the evolution of the human civilization level. This can be said to be the biggest opportunity we have faced since the development of our existing human civilization for 5000 years. We are evolving from a civilization controlled by centralization to a decentralized civilization. Although Bitcoin has just been born 12 years ago, we can already see this trend. This is the inevitable evolution of mankind from a low-level civilization to a high-level civilization. And this trend is irreversible, and no one can stop it.

retnoanjani

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Activity: 630

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Quote from: AniviaBtc on August 02, 2021, 07:25:55 AM

This is a bit tiring to read but the content and topic is worthy so hoping that people will still spend time to read your post.

We're really a new type of civilization where we value digital and we can't really live a good life without the use of internet.

Bitcoin symbolizes development, evolution, and how we value our investment and our future.

but quite informative.
btw, technological developments will definitely bring a lot of new innovations. Human needs are increasing along with the times, providing many solutions to previous problems. like bitcoin which offers innovation full of freedom and transparency without involving third parties, yes ... the era of decentralization is starting to develop. because it is very contrary to the centralized system that has existed for a long time, btc has many pros and cons. to be well received, it takes a lot of process and time, just as evolution takes tens or even thousands of years to reach the best stage.

Topic: Bitcoin is not just a currency, but represents a new human civilization (Read 1192 times)