Topic: Bitcoin will survive enemies it has created ?? - page 2. (Read 1761 times)

If US Dollars, Euro (world currencies), banks, gold, silver, anti-government, debit cards and anti-tax exist simultaneously, then why Bitcoin cannot join them and make them a great company. Each of these "enemies" has its own purpose. And if one of them does poorly, then it can be replaced. I don't see the problem!

BTC was born as an alternative currency that can give people freedom from present financial surveillance and high cost of transfers - but BTC has the power to kill fiat, no doubt. We actually need to wait up to see what happens, how BTC takes over the facts you mentioned.

what I know is cryptocurrency was established with a technology system that is so extraordinary. and as of now, cryptocurrency has been able to survive and compete with FIAT, US Dollar, Euro bank, gold, silver. and need to remember that cryptocurrency will never replace the world currency. cryptocurrency and world currencies will remain and will continue to compete in their respective fields.

What? Who told you bitcoin is trying to eliminate the dollar and fiat system? Bitcoin is here to eliminate middlemen that gets so much in many transactions. Bitcoin and other fiats can co-exist with each other because our life revolves around physically and virtually.

as I know bitcoin is not want to eliminate all the currency like US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax. but bitcoin is try to live beside all the currency, like the optional currency when the main currency can't be used for a while

some other things that are similar to bitcoin, it should not be used as an enemy, because later blockchain and crypto itself will face many challenges, in my opinion even though it does have different principles but it would be better if they cooperate

you are wrong Bitcoin is against the banking system and not fiat currency, as their are so many flaws in banking system which makes so many loss to the users which is why cryptocurrency and blockchain technology came to existence and now banking system are getting worried.

I don't quite agree with you regarding the "enemies" of bitcoin you've listed. Btc was created as a payment option for people who want more control of their funds, but not as a substitute for bank cards and other financial instruments. Yes, decentralization seems to be a big problem for governments that cannot track the transactions of their citizens. In this way, the biggest enemy of bitcoin is people who use it for illegal purposes like money laundering, weapons, drugs and so on.

Right. And where did it came that bitcoin is trying to eliminate these.established methods anyway? I don't think satoshi nakamoto whoever or whatever he is, meant anything like that to happen.

It's going to take a long shoot for Bitcoin to actually take over the aforementioned currencies. The first step is to gain mass adoption, which is still hanging for a while now afterwhich then how much do people use it as a means of exchange of goods and services. Aside that, I don't see anything happening soon.

Look, the affair is of course yours - but I reason like this:

Situation 1. The course for a valid year hangs in place. In this situation, the asik is unlikely to even pay for itself, since the complexity will increase, whatever one may say. If you suddenly needed cash, you also sold the coins at your own. With the asik it will be more difficult, it is already a boo, and most likely there will already be new, more powerful models.

Situation 2. The course falls, we will allow percent on 30%. If you bought coins - you have two options - either to fix the loss (if we assume, you urgently need a fiat or you predict that the price will go even lower and want to jump out of the train), or walk to the victory. With the asyk, I also think that it will be hitting, because Chinese manufacturers of iron ore whatever they like, and adjust prices for the rate of the cue ball, and the price it will be 3 rubles per market day. And even in this situation, I think the complexity will grow, if not so rapidly, but still.

Situation 3. Pamp. If you had coins, you just made a profit when, in your opinion, there will be a pullback or at a comfort for yourself% profit. Asik you are likely to sell at a profit, too, but this is not a fact. If a couple of years pass before the pampas and new models come out, the price will fall to the floor. Coins in two years will not be less, and no one will say that they are)))

That is why I make a choice in favor of coins. However, I have one more plus - I’m not just holding, but also trading, so there is an influx of coins through trade.

Sorry, that maybe a little confused explained, because of me the scribbler is not very)

eliminating fiat currency is very unlikely to happen the possibility of cooperating in improving the economic system to be better and more developed whether a technology is created hostile to each other

The bitcoin definitely has some great enemies as you've mentioned here, but I think all the bitcoin enemies are trying to make profits from the people. And now, people are making profits from bitcoin. You see, solving this equation is simple because all bitcoin enemies that are trying to milk people are either the government or large corporation.   

Thus, the government and corporations always want to milk people by centralizing things while the bitcoin and other cryptos are trying to decentralized things to make people free from the greed of the governments and corporations.

People are the only thing that will the decide the future of bitcoin and other cryptos too, and all I can see is the massive adoption coming, very soon  

I personally do not see your list as enemies to Btc adoption. Btc is just a digital currency and I think its only enemy is the government. If it is legalized, all the list you have made is irrelevant.

if only all countries receive crypto on the government and its financial system. then everything you mention will slowly disappear. but now the government is still using all agreed transaction systems and bitcoin is still floating on the government.

Dont know where did you read about this but its not true some people just think of this because bitcoin is decentralized and thats what they want to happen but bitcoin is not aiming to eliminate fiat, etc.

human factor. it is up to the support from people. people will start abandoning dollar for Bitcoin if Bitcoin provide better security and stability. If not, both will continue to co-exist.

I think it is the other way round. Will the fiat currency, will the banks survive when bitcoin starts gaining its popularity and main adoption? Bitcoin can have all the features that fiat has but not the other way round.

Bitcoin will surely survive ,all we need to do is bring in more people into crypto space ,the more people are using bitcoin the more the value will be increasing every day and I'm not against other currency as euro ,usd ,we need fiats as well

your own mindset that makes it difficult.
bitcoin has no enemies, bitcoin is a digital currency and can be traded or invested. for dollars and euros or other currencies will remain as long as traditional communities use them.