Topic: Bitcoin wasn’t created to make you rich. It was created to Enslave U & Track U - page 2. (Read 689 times)
May 08, 2021, 03:02:13 AM
How do bitcoin exactly track my every move when I am online? I don't know what is the problem with bitcoin, I mean we are living in a world that revolves around money and payment for services so what is wrong having to slave grinding with bitcoin, if the world isn't what it is, I am pretty sure that it will be a different situation.
May 07, 2021, 06:44:41 PM
Seriously man? To say that the post is written by a member rank, I can't see how dump these question and the questions that trouble your mind.
Tell me one person that has been using bitcoin that has been successfully been tracked by the US government. You made a mistake, bitcoin isn't a private assets, its a pseudonym assets. ( you can see everything that's happening by a wallet but you wouldn't know the actual person behind it). It has been for years without any form of problems.
Chinese are fully into mining because they see opportunities and a source of income since they can easily afford electricity. You need to make more research about bitcoin.
Tell me one person that has been using bitcoin that has been successfully been tracked by the US government. You made a mistake, bitcoin isn't a private assets, its a pseudonym assets. ( you can see everything that's happening by a wallet but you wouldn't know the actual person behind it). It has been for years without any form of problems.
Chinese are fully into mining because they see opportunities and a source of income since they can easily afford electricity. You need to make more research about bitcoin.
May 07, 2021, 06:16:11 PM
I do not think you understood what I meant, I am not talking about bitcoin I am talking about the digital currencies that governments are going to release and it is too naive in my opinion to believe that governments are not going to have all the private keys of every single address ever created and that they are going to know who it belongs to, this is why we cannot let governments win this battle because if they do we do not know how long is it going to take for another project to challenge their power.
China is releasing a digital Yuan (there's already a pilot program running in the country) and you're right, they are able to monitor the flow of money in real time. They know exactly how much money you have, where you spend it, and most alarmingly, they can assign the money to expire if not spent by a certain date which forces stimulus spending by the population without cost to the government of handing out money and hoping people spend it. Digital currencies are going to be a very bad development, and yet they seem inevitable.
May 07, 2021, 03:11:18 PM
The blockchain technology is incredibly powerful and while bitcoin itself will not enslave us if the governments beat bitcoin and they impose their fiat currencies in digital form then we will become slaves, after all it is likely that in their currency you are only going to be allowed to have one address and they are going to be in control of the private keys of everyone, meaning they can confiscate or steal your money, know every transaction you make and in the case they think you are against them then they will not let you to spend your money and without cash you will not be able to buy anything.
I do not think that they will have private keys of their digital currency, you can still have fiat and store it somewhere they can't get to you, you can also put it in a bank where they can get to you as well of course, but it is all about what you want to do and not what they can do, if you want to avoid getting your money stolen by governments you can do that. Work in cash, show high costs to not pay taxes, and put your cash in a vault which you hide, the problem is solved.However it is not about hiding from government or not, it is about how governments control the macro economy where they ruin everything, 100$ today worths much less than what it used to 10 years ago, and will worth less in 10 years from now, why? Inflation sounds like a good thing for growing but when that growing helps the rich but destroys the poor, how come it could be ever a good thing?
China is releasing a digital Yuan (there's already a pilot program running in the country) and you're right, they are able to monitor the flow of money in real time. They know exactly how much money you have, where you spend it, and most alarmingly, they can assign the money to expire if not spent by a certain date which forces stimulus spending by the population without cost to the government of handing out money and hoping people spend it. Digital currencies are going to be a very bad development, and yet they seem inevitable.
May 06, 2021, 09:35:00 AM
I don't know how bitcoin is going to enslave and track us but I am sure that when I use bitcoin, there is no way that someone knows who I am unless I reveal my identity. Just because it is online doesn't mean that Big Brother is seeing our every move with bitcoin, you are just paranoid.
The blockchain technology is incredibly powerful and while bitcoin itself will not enslave us if the governments beat bitcoin and they impose their fiat currencies in digital form then we will become slaves, after all it is likely that in their currency you are only going to be allowed to have one address and they are going to be in control of the private keys of everyone, meaning they can confiscate or steal your money, know every transaction you make and in the case they think you are against them then they will not let you to spend your money and without cash you will not be able to buy anything. May 05, 2021, 10:33:32 AM
The blockchain technology is incredibly powerful and while bitcoin itself will not enslave us if the governments beat bitcoin and they impose their fiat currencies in digital form then we will become slaves, after all it is likely that in their currency you are only going to be allowed to have one address and they are going to be in control of the private keys of everyone, meaning they can confiscate or steal your money, know every transaction you make and in the case they think you are against them then they will not let you to spend your money and without cash you will not be able to buy anything.
I do not think that they will have private keys of their digital currency, you can still have fiat and store it somewhere they can't get to you, you can also put it in a bank where they can get to you as well of course, but it is all about what you want to do and not what they can do, if you want to avoid getting your money stolen by governments you can do that. Work in cash, show high costs to not pay taxes, and put your cash in a vault which you hide, the problem is solved.However it is not about hiding from government or not, it is about how governments control the macro economy where they ruin everything, 100$ today worths much less than what it used to 10 years ago, and will worth less in 10 years from now, why? Inflation sounds like a good thing for growing but when that growing helps the rich but destroys the poor, how come it could be ever a good thing?
May 02, 2021, 11:51:37 PM
I don't know how bitcoin is going to enslave and track us but I am sure that when I use bitcoin, there is no way that someone knows who I am unless I reveal my identity. Just because it is online doesn't mean that Big Brother is seeing our every move with bitcoin, you are just paranoid.
The blockchain technology is incredibly powerful and while bitcoin itself will not enslave us if the governments beat bitcoin and they impose their fiat currencies in digital form then we will become slaves, after all it is likely that in their currency you are only going to be allowed to have one address and they are going to be in control of the private keys of everyone, meaning they can confiscate or steal your money, know every transaction you make and in the case they think you are against them then they will not let you to spend your money and without cash you will not be able to buy anything. May 02, 2021, 03:15:26 PM
I understand their can be scam attacks in crypto-currency, all that is still same scam process that, attack the low secured, greedy and insensitive victims, and I said this before, scammers would still scam a victim in Fiat and not minding police report or what so ever.
Yes Satoshi never knew many of us -bitcoiners- and he can't possibly want or think it's possible for everyone who owns any amount of bitcoin to become rich, he originally created a financial master piece, which became a good value for investment and trading, and investment and trading traditionally can give profit or loss.
Yes Satoshi never knew many of us -bitcoiners- and he can't possibly want or think it's possible for everyone who owns any amount of bitcoin to become rich, he originally created a financial master piece, which became a good value for investment and trading, and investment and trading traditionally can give profit or loss.
May 02, 2021, 02:49:18 PM
Bitcoin wasn’t created to make you rich. It was created to Enslave U & Track U
No one forces you to use Bitcoin. When you do you should be extremely careful to not leave much traces. You can use Bitcoin that way, but if you plan to switch for all your finances to happen through Bitcoin you will have problems. Thing is that transactions you make today will be seen on blockchain 100 years form now. 10 years from now there will be way easier (one click) tools to do chananalysis.
May 02, 2021, 01:44:18 PM
The blockchain technology is incredibly powerful and while bitcoin itself will not enslave us if the governments beat bitcoin and they impose their fiat currencies in digital form then we will become slaves, after all it is likely that in their currency you are only going to be allowed to have one address and they are going to be in control of the private keys of everyone, meaning they can confiscate or steal your money, know every transaction you make and in the case they think you are against them then they will not let you to spend your money and without cash you will not be able to buy anything.
I do not think that they will have private keys of their digital currency, you can still have fiat and store it somewhere they can't get to you, you can also put it in a bank where they can get to you as well of course, but it is all about what you want to do and not what they can do, if you want to avoid getting your money stolen by governments you can do that. Work in cash, show high costs to not pay taxes, and put your cash in a vault which you hide, the problem is solved.However it is not about hiding from government or not, it is about how governments control the macro economy where they ruin everything, 100$ today worths much less than what it used to 10 years ago, and will worth less in 10 years from now, why? Inflation sounds like a good thing for growing but when that growing helps the rich but destroys the poor, how come it could be ever a good thing?
May 02, 2021, 11:35:26 AM
Who exactly tracks us and how can you identify a person is that address from the other almost similar yet different address? Are you bitter because you sold your bitcoin when it was dipping and now the prices has gone up again and you don't have a bitcoin because you sold at lower prices so you spread FUD so you are not alone in that sad place?
Well, it's no secret that Bitcoin is easier to track than fiat money. No wonder even the CIA likes Bitcoin
Quote
Bitcoin Is a ‘Boon for Surveillance’, Says Former CIA Director
Blockchain technology is underutilized as a "forensic tool," argues Michael Morell in a new report.
Source: https://decrypt.co/66411/cia-bitcoin-surveillanceBlockchain technology is underutilized as a "forensic tool," argues Michael Morell in a new report.
There are a number of ways to assign the transaction to a person. The most obvious is when you want to convert Bitcoin to fiat, but beyond that there are a few others.
May 02, 2021, 10:32:24 AM
I don't know how bitcoin is going to enslave and track us but I am sure that when I use bitcoin, there is no way that someone knows who I am unless I reveal my identity. Just because it is online doesn't mean that Big Brother is seeing our every move with bitcoin, you are just paranoid.
The blockchain technology is incredibly powerful and while bitcoin itself will not enslave us if the governments beat bitcoin and they impose their fiat currencies in digital form then we will become slaves, after all it is likely that in their currency you are only going to be allowed to have one address and they are going to be in control of the private keys of everyone, meaning they can confiscate or steal your money, know every transaction you make and in the case they think you are against them then they will not let you to spend your money and without cash you will not be able to buy anything. 
May 02, 2021, 09:04:58 AM
Even with fiat currency, we are still on track so what matter when using cryptocurrency, cryptocurrency especially bitcoin is better than a fiat currency in some aspect so we cannot stop people from using it, it is better that you are the only one who controls your money without any third party which we can have with bitcoin. Bitcoin is not made for us to become rich but now people tend to become more active in cryptocurrency because of earning money.
the shift in the function of bitcoin today is inseparable from its profitable nature to make money. but at least in this way, making bitcoin more widely known by the wider community, even the government seems unable to stop it, even though the decentralization inherent in bitcoin is contrary to the current banking system April 30, 2021, 07:05:44 AM
I don't know how bitcoin is going to enslave and track us but I am sure that when I use bitcoin, there is no way that someone knows who I am unless I reveal my identity. Just because it is online doesn't mean that Big Brother is seeing our every move with bitcoin, you are just paranoid.
April 29, 2021, 01:50:42 PM
Even with fiat currency, we are still on track so what matter when using cryptocurrency, cryptocurrency especially bitcoin is better than a fiat currency in some aspect so we cannot stop people from using it, it is better that you are the only one who controls your money without any third party which we can have with bitcoin. Bitcoin is not made for us to become rich but now people tend to become more active in cryptocurrency because of earning money.
April 29, 2021, 11:23:25 AM
Well the main purpose of bitcoin is not to make us rich, since before bitcoin is almost worthless. It's only because the price is so high right now that many people use bitcoin as a tool to be rich instantly. And i guess, we can still keep our anonymity as long as we don't give out our identity, still keeping everything secret and private. No way it will be able to track us, even if it do, it'll way too harder.
But still bitcoin gave a lot of advantages for many people, and most accept the risk and consequences of bitcoin, nothing's wrong with that, everyone can have their own decision.
But still bitcoin gave a lot of advantages for many people, and most accept the risk and consequences of bitcoin, nothing's wrong with that, everyone can have their own decision.
April 29, 2021, 11:03:42 AM
Do not worry about these kinds of topics guys, they are just fudders who have missed out on crypto and that's all, or maybe they are trolls and have fun getting all the attention. I mean there are people on this planet who are so alone, so lonely that even getting hate, even getting cursed at, even saying the most awful and horrible things to get a bit of attention seems like an option for them, I have seen much more sick stuff compared to this and Bitcoin being an enslavement is just an opinion so it is fine.
This is why I do not look at all the fudders, I just care about what we can do and not topics like these. You can do your own research, look at what bitcoin is, what it has done in the last 10 years, how much money people made, how many people paid of school debt, mortgages and many other stuff, and then come back and read this, you will see it is just funny.
People like us are never going to be convinced by a FUD that is so weak, however we are not the problem, there are many newbies coming to the market that could see something like this and get scared and sell their coins and lose a great deal of their capital just because they read someone on the Internet has a strong negative opinion of bitcoin, obviously they should not be so easily influenced but we know that it happens and it could happen on this instance. This is why I do not look at all the fudders, I just care about what we can do and not topics like these. You can do your own research, look at what bitcoin is, what it has done in the last 10 years, how much money people made, how many people paid of school debt, mortgages and many other stuff, and then come back and read this, you will see it is just funny.
April 28, 2021, 04:31:10 PM
There are also mining that happens in other country, don't mislead people that mining is only happening in China. The fact is that there's a huge share in China but you're saying that all of it happens there.
Bitcoin might not be made to make me rich but what it's showing today is giving some good chance to make a well being in the future. Thus, there were those investors that can be said rich by now because of bitcoin.
Bitcoin might not be made to make me rich but what it's showing today is giving some good chance to make a well being in the future. Thus, there were those investors that can be said rich by now because of bitcoin.
April 28, 2021, 04:21:20 PM
Some people seem to think that everything is centered on the US and their agencies. I'd like to see how a US agency enslaves people in Asia or Africa.
Is some 3 letter agency from the US going to care if someone in far Russia pays with Bitcoin? They can't do anything about it!
I agree that Bitcoin isn't here to make us rich, but it's not some government tool either.
Is some 3 letter agency from the US going to care if someone in far Russia pays with Bitcoin? They can't do anything about it!
I agree that Bitcoin isn't here to make us rich, but it's not some government tool either.
April 28, 2021, 04:05:10 PM
Post 2014 BTC has attracted the worst scammers, criminals, robbers, con-artists on earth, why not they can steal legally, as nobody who loses their money can go to the police
The problem is not bitcoin, the problem is those people your talking about, so there is no need of saying that it is enable by criminals. I make use of bitcoin, and for sure I don’t even support all those people calling it a digital gold, oil and whatever (when people around me use those words I correct then immediately that bitcoin is simply bitcoin and a cryptocurrency and nothing more than that) those people are the ones who sees it as a means to milk out the whole money they need, they are always telling you that price will get to one million dollars.But having such people doesn’t mean that there are no good people in their right senses that knows why they are here, just that you don’t want to notice them.
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