Topic: Bitcoin isn't a religion. - page 4. (Read 838 times)

I think what people mean by referring Bitcoin as religion is their strong faith in this digital currency (I have seen people in many countries worshipping their trees, vehicles or anything that helps them to make their living) because it created many new Millionaires during the past 15 years. The investment of few dollars 15 years ago has changed the fortune of those who believed in its potential to grow massively, but important thing to note is that these investors had strong faith in Bitcoin.

There are delusional people, who believe that Bitcoin will become the global currency of the future. This doesn't nessecarily mean that they view Bitcoin as religion. I definitely don't see Bitcoin as some religious cult and I don't think that Bitcoin is going to fully replace fiat currencies.
Some people exploited the "cult status" of Bitcoin/crypto by fanatically repeating the good old "crypto good, banks bad" mantra. FTX and Sam Bankman-Fried are the most obvious example. Crypto isn't perfect and the banks are far from being the worst thing in the world.

Most people on this forum know that Bitcoin is not a religion and that it has nothing to do with religions in fact, so it appears that those who think it is a religion are very shallow in their understanding, sorry for the term but that's what I see.

We know that bitcoin was made by Nakamoto as one of the ways or keys to get out of any way for anyone who wants to get out of the hardships of life in our era. And even with the modern technology that we have we can also help the economy of each country through blockchain technology.

I don't really get it when someone says Bitcoin is a religion or something the people are worshipping or longing for it and stuff like that.
Then I'll have to ask back, does money  a God? Coz people do everything they can in their might and are willing to sacrificr just to get it.
Well, the answer to both question is obviously no.
People patronised Bitcoin not because they put their faith in it, we use it because of it's features and the ability to give us good profit in the long run.

I would tend to disagree with you on that. Bitcoin is not a religion.
I haven’t come across a single individual that sees bitcoin as a religion and a must to believe in it. Personally, I think it’s absurd to adopt bitcoin as a religion. I don’t know where you got your statistics that made you claim that most people see bitcoin as a religion.

And the possibility of making money with very minimal effort with bitcoin in my opinion, is also false. Acquiring and holding bitcoin would only bring some benefit to you financially only if you hold for the long run and that takes a whole load of effort to do so.

Bitcoin isn’t a religion and should never be seen as such. If people are looking for some sort of being or entity to worship and follow, I’m available 

I don't really understand your question that looks very confusing to me and I hope to read your post again so I can grab more info from your thought. Bitcoin is not a religion, it a currency that we can use to execute somethings that we really need to get going. Bitcoin is growing and keep growing so we just need to be patient and get from the crypto market

Such a thought or phrase is actually a matrix of opinion created and extended in people who do not understand the use of perhaps the paraphrasing of said opinions and understand them literally.

 So they get confused and want to associate the idea of ​​a terminology to the bitcoin theme.

 However!  What's the point here... Subscribe, if you come across an organization called the church of bitcoin.  If there are someone! let me know.

What is there to connect bitcoin to religion. Some people who are much into religious belief, had a dilemma whether to use bitcoin or not. Further they connected it with religion and looked to find a solution for the same. Further this is made into discussion and people had different views of connecting it to religion. There is nothing to do with religion, it is an innovation that have helped remove the intermediary.

I personally wouldn't consider this a religion because even though I really like bitcoin but I don't come to that point by saying this is a religion because for me religion is something that is quite sacred on the other hand I still consider this a commodity and of course an investment material which is no different from gold or real estate.
But talking about this, I've actually seen some people who really make it seem as if bitcoin is a religion and Satoshi is considered a prophet.
even in this case isn't there one activist for them to call McCook who incidentally is a respected civil engineer in Sydney and he clearly considers bitcoin to be his version of religion.
I also found some interesting articles related to this.

https://theconversation.com/why-are-people-calling-bitcoin-a-religion-175717
https://cointelegraph.com/magazine/is-bitcoin-a-religion-if-not-it-soon-will-be/

I've never considered bitcoin as a religion, but as an investment, and I'm also not sure anyone considers bitcoin as a religion,
but if you say Bitcoin is the possibility of making money with a little effort, 50% I agree because for people who have large amounts of money they will easy invest in this bitcoin, but for those who have limited money it takes process and effort to have 1 btc in the wallet they

No, but I see Bitcoin as essential tool to improve the financial system of every country.  Not because we are believing in Bitcoin means we are faithfully attached to it.  Trust and faith may sound the same but they have a different level of meaning.  Besides, I always think that missing out on something is a doom for that person.  Somewhere in the future the same opportunity will knock again so all those who missed out just have to be vigilant and observant next time.

days ago there was an article which said that around 80% of those who invested in bitcoins have practically lost money as they have started to accumulate satoshis with higher prices than the current ones.

I think that who enter into this field believing to make money they the ones who make a net loss or at best get a break even.

bitcoin was not created to enrich people but to create free people!


there is trust on bitcoin because it is based on some mathematical rules that make it reliable in the same way so many events in our lives are reliable.
from here to define it as a religion, in short, this is not the case.
maybe some fanatic, maybe a little all of us enthusiasts see life in excellent "bitcoin" but this doesn't mean it's a religion

Obviously it is not a religion. Religions need believers, not verifiers.

And that makes us a community. Each and everyone of us believes in Bitcoin because it is not in the hands of one person or company. Its code is open for everyone to read. Everyone who understood the Bitcoin whitepaper understood what Bitcoin can do and will do.

Its all a matter of mathematical proof. And the math says we should hodl Bitcoin while posting Bitcoin memes.

It is not a must to trust bitcoin or believe in it. It is not also a must to invest in Bitcoin or to learn about it, there are many people in the world who will not learn about bitcoin till eternity.

However, here is a bitcoin forum so the majority of people that you'll meet here are lovers and believers of Bitcoin. In my opinion I would say that the majority of people we see today in Bitcoin are not true lovers and believers of Bitcoin. We should give credit to the true believers of Bitcoin as the early adopters of Bitcoin who believed when bitcoin when it worth nothing.
We are all here today because bitcoin has made sun rises that gave people profits, we are here because of the opportunity that bitcoin present. Majority of us here today are not willing to defend the cause of Bitcoin, we are are here to benefit from Bitcoin.
So it is not a must to believe in Bitcoin and do not be surprised to see people here who doesn't believe in bitcoin.
Besides not everyone believes in fiat currency and yet we all use fiat.

I don't see any connection between Religion and Bitcoin, and what possibility of making money with minimal effort? what does it mean?

In any case, you may want to read the following threads below as this has been discussed many times in this community.

As early as 2013, (there could be earlier discussions though).

• Bitcoin, the Religion?!
• Is Bitcoin a religion? Satoshi is our God?
• How should Satoshism, the religion of Bitcoin, organise its church?
• The "Church"(call it whatever you want) of Bitcoin
• Church of Bitcoin

Religion is something that is certain, not something that is volatile and fluctuating. No matter how much you believe in Bitcoin, you should not consider it a religion. Bitcoin is a part of our lives while religion for some people is a way of life that is owned for every step up to the hereafter. These beliefs are very different, so it is not right if someone who believes in Bitcoin thinks this is a religion.

I disagree with you, I don't think that most sees bitcoin as a religion. Whoever said that is just speculating that everybody thinks that bitcoin is a religion.

What is better to think is that, this is a community, a movement for which comes from different parts of the world.

With that in belief, that means that religions make money so as bitcoin if perceived as a religion?

No.

i dont "believe and have faith" because i dont need it. i have confidence and trust(in my own data) of verification that validates with others verification,, there is no beleif

i dont look at the sky high ATH as my value indicator. where i have to have hope and belief of it staying in the sky
 
i look at the progressively raising sea level of the low as my value indicator. knowing and having confidence that 2017 low of $700 and 2022 low of $15k means value has increased by 20x in 5 years. and that the raising levels of value are protected by alot of real world fundamentals supporting it, not hype or sentiment or belief

..
however there is a more than insignificant few that do look to the sky and hope. and they will say bitcoins price is just pure vapour of belief in a price, backed by nothing but mystical randomness of unpredictable events.

yes the market speculation (which sits above the periodic value lows) is alot of mixed sentiment and belief in their choice. but thats not value. thats price discovery testing of the next periods new bottom level(value) which would be above the last/current where there is real world support backing it via many mechanisms and real world costs of hardware

You're saying most people believe bitcoin is a religion?
How and where did you get the conclusion of a statement like this?
You assume people who believe and have faith in bitcoin as an investment would make them think it's a religion?
I think of course belief in bitcoin is not at all the same as our belief in a religion.
Confidence and trust in bitcoin is one of our efforts to prosper by investing.
Faith and belief in religion is the main foundation and foundation for us to live this life.

Of course not at all. I believe bitcoin is a good investment asset and not as a religion.
If there really are people who treat bitcoin as a religion, I think that is very narrow thinking and does not make sense.

a religion is a belief in an entity that you cant see or touch or punish. where you belief that it will make your life better due to pure belief


bitcoin does not need belief. it has code. it has real asics and real utility. if the code does something bad there is punishment for the system(forks get orphaned)

over centuries. ministers/priests set some rules for a community. but them pretend to be just janitors/messengers. where the vapour entity they invent  takes all the blame of the affects of the entity on the community.

bitcoin is not some vapour entity though.
smart people know to hold developers accountable and watch and review the developers instead of pretending bitcoin is a system with no creator of its own

bitcoin is no self created AI. its code made by devs. yes they dont like to be interrogated and yes devs wish to pretend to only be ministers/messengers/priests of a vapour entity no one can harm.. but thats not how bitcoin works.. devs are responsible for code changes. its how code changes/evolves after all

decentralising the dev group can ensure no (ad)minister can have outright control of code changes. which ensures bitcoins elegance survives and does its job. as oppose to those administrators of a central dev group pretending that bitcoin is some religious system where they are just messengers promoting new religious law