Topic: Bitcoin wasn’t created to make you rich. It was created to Enslave U & Track U - page 3. (Read 689 times)

Your post is showing that you’re bitter, you must be having some serious issues other than what you’re complaining about here. Maybe you list money or something like that and you just want to pour your frustration.

At first I thought you were going to be talking about the Blockchain because it’s an open space that allows anyone to be tracing your address once they have it, and that way they can know how much goes into it and out (Of course that’s how it’s meant to be), and then I discovered that you’re just confused , because you were not arriving at any point with what you are saying here. Although you are right about a lot of people that wants to get rich quick, I know that there are so many of them.

Bitcoin isn't 100% perfect. Nothing ever is. Nitpicking self perceived imperfections as justifications for mass condemnation of something doesn't improve circumstances or elevate anyone. Wanting to condemn crypto in its entirety for a slew of pyramid schemes from 2012. Assuming these negatives outweigh the positives, is premature at best and self destructive at worst.

The real question is: would the world be a better place without bitcoin, than it is with it. I think we can all agree that cryptocurrencies empower society. They give people crucial access to options and tools they need to solve problems related to finance and money.

Would anyone care to contend that perceived negatives associated with crypto outweigh the positive benefits. Innocent until proven guilty is a great mandate to deter recent trends where media and anonymous unnamed sources have unfairly been elevated to being judge, jury and executioner.

There are many investigations and penalties directed at banks who laundered money for shady russians, terrorists, drug cartels and rogue states. All indications are banks and paper money being the #1 safe haven for criminals who typically prefer to avoid the paper trail associated with digital or crypto based transactions.

SHA and the elliptic curve cryptography bitcoin is built on were different technologies last I checked.

If your goal is to write a damning piece on crypto could you please do it without automatically triggering the "so easy a caveman could do it" responses most of us have read in response to the hundreds of "bitcoin was created by the NSA/FBI/CIA/government" threads posted here over the last 10'ish years.

Many OP's points make sense, but with all the disadvantages and sabotages to bitcoin presented, it's still better than fiat. What another options do we have? None.
Fiat enslave and track you too, especially due to inflation which eats your patrimony. With bitcoin at least it's quite the opposite regards this matter.

bitcoin does not make people rich, this sentence is only for people who have no knowledge of cryptocurrency trading. for me bitcoin really helps our economy to be better and can even make us rich.
people who do not have knowledge of crypto currency trading will always fail because they are not careful, impatient and have a very high fear.

You can argue that electronic money in general can be used to track the spend of the users and I would agree with you. Just think of initiative such as the digital euro and the digital dollar that could potentially be only held on named accounts and all movements registered.
However it is very clear that bitcoin is not the right tool for that purpose and that someone with the intention to track would have made a completely different chain or technology. Bitcoin is not anonymous and has never made the claim of being so, but that is a different thing. You can always use privacy coins if that is what you are intending to say.

I can get your points as these days lots of interference into the core part of decentralization of bitcoins. Because, bitcoin may not remain as just a bank as intentionally or unintentionally it has slowly changed as an asset. So, some changes from the beginning days is inevitable.

This is really annoying, I accept. Even many crypto-only exchanges/casino also started asking to clear KYC norms. They simply forget why they are still remaining as crypto-only based services.

I guess this is just temporary as over the time, bitcoin may retain all its power by its own way when mining will be feasible on all other countries as well. For this to happen, firstly countries need to understand bitcoin and how beneficial it is to their economy and I do see many countries has started that part.

Lol, OP is noob, he doesn't know properly what decentralization is! Technically one can just use a mixer and that's it, the funds that once belonged to them will remain belonging to them and no one can even trace the funds from where it came and go through. Bitcoin has given the common good citizens of this planet the freedom that we have been longing for since ancient times!

To be honest in the real world it is really very easy to track someone because the identity was already public but in the bitcoin you cannot trace or track anyone or maybe it would be so hard to track anyone here. Just give the scenario if the person is using coinbase which can generate different wallet address as long as you want then how the people will be able to track those kind of person? Imagine a lot of people is using wallet address and yet it is very hard to be trace.

track?  you do not stop issuing opinions that are totally contrary to the situation.  there is no reason i can be tracked with Bitcoin when i use the Tor network and p2p trading.  

Enslave?  since i became a hodler, i've made 5x profit from my capital, how can Bitcoin enslave me?  you really are out of your mind.

Bitcoin was create to keep all of us bank-free, that's all ^{(be your own bank)}

This is a pretty stupid post since most of this is demonstrably false and even the stuff posted in the OP is self-contradicting.

OP: "US-GOV control 100% of btc"
Also OP: "Nobody talks about the fact that all mining/consensus is done in China"

So which is it, 100% controlled by the US government, or controlled by China?  (Also, bitcoin is not controlled be either the US government or China.)

More lols- "BTC has entered a free-fall".  You must not know what "free fall" means.  At the point it's rising, it's not in "free fall."  Also, 25% down isn't even that big of a drop by bitcoin standards. Damn son, some of us here been around for far steeper "free-falls" (to use your incorrect term). And it "free fell" all the way down to $53k? The horror!

In summary, you're a clown.

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.

I dont think i can  support this ascertion  due to the fact that wven the world richest man has even made it increase in price after he bought over 1.5billlion of it and someone would say it is an Enslavery coin i dont dupport it one bit

You are at liberty to either use btc or not to use it, even if btc was created to enslave people as you claim (which I heavily disagree on) you can always make the choice to use it or not,

Between aside centralize exchange that requires kyc before doing any btc trade, holding btc itself does not require any personal information,  it doesn't display any information about the holder except the content of the particular wallet holding btc,  so am finding it difficult to share your opinion.

As far as I'm concerned no other crypto coin matters more than bitcoin, you people should accept the fact that any new coins you bring to the table either privacy or other is still an alt, BTC rules and stop talking about enslave, if something that was created to enslave me can make me rich then I would forever be enslaved.

It doesn't matter why bitcoin was created, the only thing that matters is how you use it for your own benefit. You are the one who gets to decide what will bitcoin do to you like for example, if you are too reckless with your decision making then bitcoin would never be an instrument for you to get rich as it sucks out all the money you are investing. On the other hand, in terms of being anonymous, bitcoin has been proven to be a safe currency and also we should already know how well secured it is just by seeing that it is used on illegal transactions in the black market so I guess there's nothing to worry about bitcoin being a tool to enslave us or track us down.

No, it's not. I, myself enjoying my profits today from investing in bitcoin. It wont make us slave, otherwise it makes us to be free from using it without worrying that it may be handled by the third party. We control our own money.

I dont know where did you get the idea of tracking us down but it is not the way you think it is.

OP will be an idiot if OP were to not use bitcoin, I mean does our address pinpoint us exactly where we are in the world at a 100% accuracy. I don't get how you are scared of getting tracked when you have all your personal information on the hands of the government, if you don't want to get tracked, try not using electronics and mobile devices and live on the mountains.

This again? Seriously, I'm surprised by how long people can hold on to some stupid conspiracy theories.

How can anyone have 100% control over a P2P network? Hello?

Everybody talks about it. So what? China has the greatest manufacturing output, and a population of around 1.5 billion, maybe they control everything now? They have cheap electric power and labor, ergo - they mine like crazy, why wouldn't they?

There was never a myth about privacy, people created it by their lack of understanding. Do you see any promises of anonymity in the Bitcoin whitepaper? It clearly states that only by keeping your public key anonymous and avoiding multi-input transactions you can count on privacy. Nothing more.

The majority will stay, because, hopefully, they realize how stupid it is to make predictions regarding the future of Bitcoin as well as alts by the data gathered over a month.

I don't even know what to tell you here mate, maybe you should check your sources if there are any? The last time I checked Bitcoin whitepaper was released in 2008.

SHA256 is a very popular algorithm in cybersecurity, make a 7-zip archive and it will be encrypted by sha-256 hash algo. Maybe the NSA planned it so that they could get the contents of people's archives too?

Just drop it and move on.

Honestly why do you make such claims when you know nothing how the system works?? Bitcoins is trackable! Yes! But not 🚫 that easily. It's transparent. Freedom does not come with the necessity to hide your steps, rather it's an ability to do things without bounds. I do think you have to understand that FBI is a bigger threat to you. Your incognito is being tracked by Google and your Facebook, Instagram and WhatsApp are all selling your data for some money from advertising companies. The banks collect all your data , connect it to your KYC and then send to the Government timely. Well with bitcoins yes you can hide everything but it's not needed of you are rather not taking a bad step. It gives you freedom from the sudden befall of the Governmental institutions that might indeed cause you to fall out in a matter of seconds.

Our movements are always monitored without our own knowledge, due to the fact that the state has access to them. when compared to the current growth of Bitcoin, the parties remain anonymous even though they are worried all the time that their identity will be exposed. Then with the integrity of China as a country that has technological facilities, if you are there, surveillance will be very easily detected. from the point of view of your economy, bank finance and Bitcoin ownership.
so the government always has full control over your ownership.