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Topic: Bitcoin will survive enemies it has created ?? - page 6. (Read 1773 times)

jr. member
Activity: 115
Merit: 1
virtual currencies that suddenly seem to really interfere with the authority and stabilization of the US Dollar, Euro (world currency), banks, gold, silver, anti-government, debit cards and credit cards. But in my opinion, Bitcoin creates a financial risk if the bubble bursts, because there is an interaction between virtual currencies and the real economy as experienced by Zimbabwean countries, their exchange rates are very weak Causes of low exchange rates such as trade balance deficits , low interest rates and also public debt and economic and political conditions of a country. If there are regulators, payment systems and decentralization can make it easier for Bitcoin to survive, even though many enemies it creates by declaring itself as a revolution can also prepare for the development of financial technology in the future ...
sr. member
Activity: 532
Merit: 250
Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
I would consider btc as an option for people when making their transactions, rather than as an enemy of US dollars, banks, gold, silver, debit / credit cards and so on, because Bitcoin also requires a benchmark value of a country's currency. in the future people will be offered 2 choices of transactions, with digital currency or using fiat.
newbie
Activity: 234
Merit: 0
I agree with this, and I'm sure bitcoin will not be easily destroyed, bitcoin also has the right to stand and grow.. Cheesy
full member
Activity: 938
Merit: 137
Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
Bitcoin is not called upon to fight against world currencies, banks, gold and silver, non-cash forms of settlements and so on. He will not do this. It will coexist peacefully with all these financial manifestations of our world. Bitcoin is created as an alternative payment system to the current system and nothing more. It will never replace other currencies, banks, gold and silver, and other alternative methods of cash settlement.
jr. member
Activity: 118
Merit: 1
Yes I think Bitcoin now has value that cannot be taken away by any person or government entity.  When it gets to a certain price people will buy it so I believe it will always be around and have a price floor.  
jr. member
Activity: 106
Merit: 1
Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??

The people will choose if Bitcoin survives.  They can choose (or be scared into) government fiat or they can choose to be free and use whatever currency they want up to and including Bitcoin.
full member
Activity: 504
Merit: 100
it's true that bitcoin is trying to get rid of it all, but I think it's a very difficult thing and it's hard to be realized in the real world.
legendary
Activity: 3038
Merit: 2162
Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??

"Bitcoin" didn't declare any enemies, because Bitcoin is not a centralized organization. Some people from Bitcoin community are quite negative towards banks and fiat, but others are not.

Next, not all governments and banks are hostile towards Bitcoin, some are actually welcoming and most are neutral, so Bitcoin doesn't have that many enemies. We might see more attacks in the future, but nothing that can actually destroy Bitcoin, especially if you consider how incredibly resilient it is.
hero member
Activity: 1274
Merit: 516
Bitcoin never intended to eliminate any of fiat or type payment, it was created so we can have a freedom currency to used, bitcoin was created so we can have global currency that can be used by all level of society, bitcoin and fiat should work together to create a better economic, bitcoin is not a threat to other currency
member
Activity: 324
Merit: 15
I don’t see BTC the ennemies of other money. For me it is more an alternative, valuable as a worldwide value with a certain freedom, that could live with the others.

It could not replace the others as we will need fiat for countries that could be valuable more or less to adapt with country economy.

Like we everything to make a world, we need all the money into the world Smiley
jr. member
Activity: 96
Merit: 2
🚀🚀 ATHERO.IO 🚀🚀
As far as am concern, we i entered the crypto world and after seeing what bitcoin is capable of, i actually dont take critical look at dollar or whatever, i value the bitcoin and whether they are enenmies or not whever they meet there is no way any of these currencies can overtake bitcoin. Bitcoin will continue to be bitcoin no matter what. We will survive till the end.
member
Activity: 336
Merit: 14
Please stop the paranoid delusions. Bitcoin is not, and will not be an enemy of banks and governments. In the next few years, banks will include cryptocurrency in their portfolio of services. Governments will then approve and regulate these new products so that the public are protected. Everybody happy. Lol Cheesy
newbie
Activity: 70
Merit: 0
Those are not the enemy of bitcoin they have their value and bitcoin has its own value and bitcoin will going to survive with all of those currencies.
member
Activity: 133
Merit: 10
It seems like Warren Buffet and Bill Gates are strongly against bitcoin.  These are two powerful enemies to have considering they are two of the wealthiest people in the world.
newbie
Activity: 28
Merit: 0
I do not think bitcoin is an enemy of any of the fiat currencies- dollar, euros, pounds or whatever have you. They rather work hand in hand to move the economy.
hero member
Activity: 770
Merit: 501
Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??

All these "enemies" didn't make anything serious in almost 10 years, and now it's rather difficult to fight with bitcoin. Bitcoin is widely heard, many already understand what it is and how it works. The longer the "war" goes the higher the chance that bitcoin will win. In any case, we can only wait.
member
Activity: 322
Merit: 12
I certainly believe that btc will survive further since people supporting btc has not declined instead it has in reased further.  The moment these people are getting involved with btc,  surely they will remain to patronized and put up investment in btc. The advantage of btc is that it had made people to make vreat profit from their investment and it allows them to make payment transaction faster than the conventional banking system because of the advance blockchain technology.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
There's no war going on! BTC is not fighting fiat money. It's giving people a choice. I believe that most people had that thought at some point that their money would be safer with them, but buying a safe looked expensive and troublesome. BTC is that safe that you've always wanted, but it's free of charge and accessible from any place in the world.
I believe it will survive. The worst is behind us. If we could go through the huge bear market couple years back we can do it now.
sr. member
Activity: 462
Merit: 515
Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??

I don't think that Bitcoin is really trying to eliminate all the things you mentioned. Even if so, it doesn't look like it is going to take over in the near or not so near future. If anything, Bitcoin may be useful where fiat and banks fail to deliver, for example, in keeping your funds safe from some rogue bastard getting hold of them on an arbitrary pretext. In things like preventing forfeiture or avoiding taxes, cryptocurrencies are the best, especially if cashless transactions are involved.

Indeed, someone may claim that these are illegal activities and he will be right. But it cuts both ways, and no one is guaranteed from illegal actions from the authorities themselves. In this respect crypto provides a level playing ground for everybody, authorities included. God created men and while Samuel Colt made them equal, Satoshi Nakamoto gave them financial independence. Equality without independence, and more so without financial one, is nothing.
newbie
Activity: 49
Merit: 0
All those are different from each other but the similarity is both of them are currency and among them bitcoin is the newest and comparing to those bitcoin gain popularity within very short time so we can hope it can bit all.
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