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Topic: Bitcoin(Cryptocurrencies) is a social movement? (Read 494 times)

sr. member
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February 11, 2022, 07:06:28 PM
#58
Bitcoin is not an organisation it all belongs to community. I think,bitcoin is inspired in crypto currency industry and also blockchain technology. Bitcoin is most valuable coin in crypto market and a lot of people interested in bitcoin day by day.And bitcoin is financial freedom. I think bitcoin will more development in future.
Of course bitcoin will continue to grow, because we know that many countries are willing to accept it as a legal tender, this explains that trust in bitcoin continues to grow with the progress it brings. bitcoin has become a very profitable commodity because more and more people are willing to invest their funds in bitcoin, because they know that bitcoin will increase in price day by day.
full member
Activity: 2520
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Do you consider Bitcoin(or cryptocurrencies) in general a social movement? If you consider so, social movements need a formal organization to support the movement. Is there a formal organization behind Bitcoin?
Seeing this thread of yours? i can see how you shill about Bitcoincash years back here in another thread you created

https://bitcointalksearch.org/topic/m.40938940

When you mentioned that Bitcoin cash is more promising than Bitcoin lol.

and why it looks like all your posts are Thread creation and you are not bothered answering any post created in your thread or question?
full member
Activity: 2142
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Do you consider Bitcoin(or cryptocurrencies) in general a social movement? If you consider so, social movements need a formal organization to support the movement. Is there a formal organization behind Bitcoin?
We must agree that the cryptocurrency originated as a social movement and its main purpose was an alternative circulation in society to the official currencies established by the states, which were used as a means of payment. In addition, decentralized cryptocurrency, in fact, is not needed by states and their institutions. It is an invention of people and for people. But it seems to me that any add-on over the cryptocurrency will harm its decentralization. Such add-ons will pretend to establish some general rules of behavior for users, and this is not necessary for cryptocurrency.
full member
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Bitcoin is not an organisation it all belongs to community. I think,bitcoin is inspired in crypto currency industry and also blockchain technology. Bitcoin is most valuable coin in crypto market and a lot of people interested in bitcoin day by day.And bitcoin is financial freedom. I think bitcoin will more development in future.
legendary
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Leave no FUD unchallenged
Do you consider Bitcoin(or cryptocurrencies) in general a social movement?

Effectively, yes.  It wouldn't function without people.  The more people working together, the greater the network effects and utility.  You might even call it a social phenomenon
hero member
Activity: 1400
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Your vision of Bitcoin is a bit weird. There are a lot of crypto enthusiasts from different spheres such as mining, blockchain development, just trading, but not all people want to share that they work with crypto. There are big communities that unite people with the same passion for blockchain, but I don't think that it is a social movement. What would be our goal if it was so?

If I understand the meaning of social movements, I don't think bitcoin was created for that. Bitcoin was created as a solution and is likely to be a friend not a social movement that is against. They should be able to benefit each other, because they have their respective advantages that can cover each other's shortcomings. Unless there was a group of people utilizing it, it could have been used as a tool. But as far as I understand if bitcoin is in line with its original purpose then it is very far from a threat word through social movements.
hero member
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royalstarscasino.com
Do you consider Bitcoin(or cryptocurrencies) in general a social movement? If you consider so, social movements need a formal organization to support the movement. Is there a formal organization behind Bitcoin?
In fact, Bitcoin really gives influence to many sections, not only financial but also industry, technology, social, politics, and others.
And related to certain organization for Bitcoin (cryptocurrncy), what kind of formal organization? Organization that regulate Bitcoin and other cryptos?
Well, Bitcoin and otjer cryptocurrencies have their communities and all those communities support each ither around the wolrd. Without any formal organization, the communities still can stand tight and awesome to make this world better with crypto.
sr. member
Activity: 1344
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Do you consider Bitcoin(or cryptocurrencies) in general a social movement? If you consider so, social movements need a formal organization to support the movement. Is there a formal organization behind Bitcoin?
Bitcoin and cryptocurrency can be considered a social movement, since cryptocurrency originated in society and the state and their governments had nothing to do with it. Thanks to the Internet, everyone has the opportunity to join this movement. Working with cryptocurrency, people get to know each other, unite in interest groups, and I don't see the need to create any additional organization to support the cryptocurrency.

Exactly, just like this forum or any other crypto forum out there, whether if it's Twitter or Telegram, we form a group of interested people and willing to invest, it is definitely considered as a social movement since Bitcoin was intended for P2P transactions in the first place, no organizations, no government that was involved in the first Bitcoin transaction, so we can all agree that Bitcoin and other cryptocurrencies can definitely be considered as a social movement.
legendary
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this issue of social movement is a little strange to apply in the case of bitcoin, bitcoin was created so that people would have more control over their money, this says at once that the issue is more related to how banks control money of people and bitcoin came precisely to try to break this cycle, social movements usually aim to complain about something so that the government accepts what this minority wants, in the case of bitcoin it is different
newbie
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bitcoin is inspired crypto currency industry and also a blockchain technology that continues to involve and in a global financial industry into government and it adopts the alternative payment system so that means it is no longer difficult to use bitcoin because it has a social movement theory to answer the  questioning and explaining on an evolutions of bitcoin and blockchain technology in the near use and long term.
hero member
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Do you consider Bitcoin(or cryptocurrencies) in general a social movement? If you consider so, social movements need a formal organization to support the movement. Is there a formal organization behind Bitcoin?
I guess that at first hand, you need to explain what are the characteristics of social movement; it just needs a organization and nothing else? Does that mean bitcoin satisfies all the requirements of being a social movement except missing a formal organization?

In my understanding come up with such a question because bitcoin is decentralized and there is no central authority or any formal organisation for controlling/monitoring or simply governing bitcoins. Yeah, bitcoin is operated and by people like and you and it is government by set of rules which is predetermined and agreed by those people. So, bitcoin may not be a fully social movement but partially or a social movement with few exceptions.
full member
Activity: 854
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Do you consider Bitcoin(or cryptocurrencies) in general a social movement? If you consider so, social movements need a formal organization to support the movement. Is there a formal organization behind Bitcoin?
Your vision of Bitcoin is a bit weird. There are a lot of crypto enthusiasts from different spheres such as mining, blockchain development, just trading, but not all people want to share that they work with crypto. There are big communities that unite people with the same passion for blockchain, but I don't think that it is a social movement. What would be our goal if it was so?
sr. member
Activity: 2352
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Do you consider Bitcoin(or cryptocurrencies) in general a social movement? If you consider so, social movements need a formal organization to support the movement. Is there a formal organization behind Bitcoin?
Bitcoin and cryptocurrency can be considered a social movement, since cryptocurrency originated in society and the state and their governments had nothing to do with it. Thanks to the Internet, everyone has the opportunity to join this movement. Working with cryptocurrency, people get to know each other, unite in interest groups, and I don't see the need to create any additional organization to support the cryptocurrency.
sr. member
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Do you consider Bitcoin(or cryptocurrencies) in general a social movement? If you consider so, social movements need a formal organization to support the movement. Is there a formal organization behind Bitcoin?

from my own viewpoint I don't consider cryptocurrencies as a social movement I mean yeah government cant have taxes on transaction and we have full control over our earnings and holding , yet
mostly people are supporting bitcoins because of the asset it has become , the returns on investing in Bitcoins are by far the most profitable ,
I believe this world is a profit based ecosystem , everyone is making profit by investing in crypto even big tech giants like Microsoft , tesla 

as far as organization its a decentralized crypto and we the users are the organization , with the demand and use the value vary.
legendary
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Do you consider Bitcoin(or cryptocurrencies) in general a social movement?
I think that anything revolutionary is involved in the social movements. Bitcoin doesn't dictate anything to anyone. Its freeing nature is what attracted most of us.

It's more like a social phenomenon.

Is there a formal organization behind Bitcoin?
This forum we're using at the moment to discuss supports Bitcoin as a social movement. Anyone can create an organization that supports it, but it's better if we move as a team, in one place. Again, it has to do with its freeing nature; you can do whatever you want with it.
hero member
Activity: 1316
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Do you consider Bitcoin(or cryptocurrencies) in general a social movement?
In my opinion, Bitcoin is not a "social movement". The concept of "social movement" is a standard of a movement that has a stop/end in time for community response. Bitcoin is completely out of that range. To me, bitcoin represents a new technological civilization that celebrates clear decentralization and moves towards financial freedom. Bitcoin as a revolution in financial consciousness for everyone, it has been going on for more than 10 years. Bitcoin is the future of man.

Bitcoin is still in that range circle, it just lacks a few stops and ends but despite not seeing the end point of the movement and the end time, we can still determine people's response to this movement, very high and not even seen the saturation point, society has no rejection for bitcoin, to be more precise, this once indigestible food is becoming more delicious and people's digestive system is demanding more absorption. According to many predictions, the banner of this social movement is going with the wind and continuing to fly, unable to separate from society and graft it as a new civilization
full member
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Do you consider Bitcoin(or cryptocurrencies) in general a social movement?
In my opinion, Bitcoin is not a "social movement". The concept of "social movement" is a standard of a movement that has a stop/end in time for community response. Bitcoin is completely out of that range. To me, bitcoin represents a new technological civilization that celebrates clear decentralization and moves towards financial freedom. Bitcoin as a revolution in financial consciousness for everyone, it has been going on for more than 10 years. Bitcoin is the future of man.
legendary
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zknodes.org
I think bitcoin is a social movement community where bitcoin uses various media to introduce how it works and what is included in bitcoin, this triggers people to create communities to exchange information and lead to social movements that are allocated to certain goals
I think formal institutions ,are not really needed because bitcoin owners can control and understand the risks faced when entering the crypto world
No, this movement by a group of people is the effect of bitcoin. Bitcoin is not a social movement, if someone names a group of people they just want to take advantage of the popularity of bitcoin to increase their wealth. It is very visible, they lead the opinion of many people, which sometimes it works and sometimes it doesn't. Consensus of trust has been shared by every crypto user because they have learned from previous trends. So the movement was created naturally because they agreed.
sr. member
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Do you know the meaning of social in general? Well, that means there's no need to always have someone formally overshadow it. We operate without any government crypto protection. One thing that motivates all elements to advance Bitcoin is the value it contains has the potential to be value for the future. Everything does not need an organization, if it is able to stand alone and has quality then all will be attracted by itself. An example of Bitcoin when it was still in its infancy, was there any support from the government? no !!! But from individual to individual connected. Even cross borders without having to have a permit, just you and me (P2P).
legendary
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Bitcoin provides financial freedom, the freedom to control our own assets without interference from others. If bitcoin is said to be a social movement, it is also quite true because Bitcoin is used by all circles. Bitcoin is driven by developers and communities, many bitcoin communities around the world including the community on this forum.
bitcoin provides many social and financial benefits. Bitcoin for everyone and bitcoin is able to unite the differences of all the differences in this world in one community
Your bitcoin are your money and you have complete control over them if you have the private key. Basically bitcoin is not an asset made for those who are anti-government with all its centralized systems, but bitcoin is here to help people have new payment alternatives in today's modern world. The virtue of bitcoin is the decentralization of your own finances with the security and privacy that comes with it. But unfortunately not all governments legalize its function as a currency in certain countries, including many Asian countries.
legendary
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zknodes.org
Bitcoin provides financial freedom, the freedom to control our own assets without interference from others. If bitcoin is said to be a social movement, it is also quite true because Bitcoin is used by all circles. Bitcoin is driven by developers and communities, many bitcoin communities around the world including the community on this forum.
bitcoin provides many social and financial benefits. Bitcoin for everyone and bitcoin is able to unite the differences of all the differences in this world in one community
member
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I think this forum is enough as a form of organization, if we were to stray far from that, we will end up not following the essence of what bitcoin is, which is decentralization.
Ucy
sr. member
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Do you consider Bitcoin(or cryptocurrencies) in general a social movement? If you consider so, social movements need a formal organization to support the movement. Is there a formal organization behind Bitcoin?

I think that could happen when Open Communities assigned with specific roles within the Bitcoin Network are created. We could have a community as the formal organization.
The communities would still be based on Bitcoin ideals/principles to avoid centralization and open the whole Network to attacks
legendary
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Do you consider Bitcoin(or cryptocurrencies) in general a social movement? If you consider so, social movements need a formal organization to support the movement. Is there a formal organization behind Bitcoin?
There's a community of people who are interested in Bitcoin for all sorts of reasons, and sometimes they can unite and organize events or encourage local legislators to make Bitcoin and other cryptos legal. But this isn't enough to call this community a social movement, IMO, because it lacks the common ideology. The interests align sometimes, but some people care about Bitcoin because they think it'll make them rich, some believe in the idea of decentralization and adhere to values of the Austrian economists, others are very privacy-focused and like it that Bitcoin can be sent without IDs, and I'm sure that within the community there are people from all parts of the political spectrum. There's also no formal organization behind Bitcoin or cryptos specifically, it's more about the community of users with Bitcointalk being a place where you can talk with lots of people from this community.
newbie
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Cryoto has its impassioned supporters and detractors.
it had its origin in self-funded idealist efforts.
It has a transformative social effect.

I'd say it qualifies.
legendary
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Bitcoin started as a software solution for payments on the internet. In that way, it is a novel solution to an economic problem. It has always had a social and political angle due to the cypherpunk background. It empowers individuals in ways that can be enlightening for those who understand it. It also leads people to want to spread the information in ways that others also benefit for it. This is why it is a social phenomena.

A movement doesn't necessarily need some kind of organization to carry it forwards. Individuals and groups can form movements about a certain phenomena in ways they like. For example, Bitcoin movement has been spearheaded by President Nayib in El Salvador. In a lot of other countries, the exchanges and open source developers do it.

So its a social phenomena with geographically distinct movements of their own, all held together by the internet community.
hero member
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I think bitcoin is not a social movement but a personal movement because only we can control using crypto/bitcoin and only we know how many coins we have.
But if that becomes a mass adoption and all people use crypto, that is still a personal movement because people will decide to use crypto or fiat (fiat still exist).
According to https://www.britannica.com/topic/social-movement:

Quote
Social movement, a loosely organized but sustained campaign in support of a social goal, typically either the implementation or the prevention of a change in society’s structure or values.

So basically, if the society wants to use bitcoin and it happens in all places, they use social movement to ask their government to allow using crypto in their daily lives.
But a social movement is also known as a campaign for a social thing that will not relate to personal.
hero member
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I don't think that bitcoin or any other cryptos is a social movement neither a part of any social movement. Because bitcoin is a decentralized market, no one also controls bitcoin or leader behind bitcoin and nobody even knows the real identit6 of who invented the bitcoin.
Everyone in the bitcoin market or even the speculators knows what bitcoin is and the risks behind it. The only goal of bitcoin is to become a digital currency and can be used as a payment of any goods or services offered.
hero member
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I think bitcoin is a social movement community where bitcoin uses various media to introduce how it works and what is included in bitcoin, this triggers people to create communities to exchange information and lead to social movements that are allocated to certain goals
I think formal institutions ,are not really needed because bitcoin owners can control and understand the risks faced when entering the crypto world
hero member
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I agree that most people in the cryptocurrency space are just speculators, but the social movement must advance in order for these speculators to achieve their goals.

So as a result, even the speculators are promoting the social movement (which why I think there is some justification to describing Bitcoin as a pyramid scheme).

I can't call Bitcoin a social movement when the social movement aspect is secondary to most people. In other social movements people are attending rallies, make petitions, contact legislators, have political candidates. In Bitcoin social movement we just have some guys with a few thousands twitter followers write how banks are outdated and Bitcoin is the future.


Then how come there's always people saying that bitcoin will replace fiat currency? That idea won't be popular if there aren't a lot of people talking about it right? We really need to get rid of people that overhypes and exaggerates the capabilities of bitcoin, they give the wrong impression to newbies that would lead to newbies experience the reality and ending up frustrated.

People are free to express their personal opinions, and you are free to challenge their opinions. We shouldn't be getting rid of anyone.

The community is not calling for rallies on the streets but because Bitcoin investors are breaking free from the government's chain of control which is why having a celebrity in the Bitcoin community is making holders proud to welcome them in the community and switch to laser eyes.

Celebrities I follow do have laser eye for once on their profile pic a lot have followed this even Michael Saylor and this is to raise up to $100K movement.





legendary
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Wikipedia says that a social movement is a:

Quote
loosely organized effort by a large group of people to achieve a particular goal, typically a social or political one

Do majority of Bitcoiners have a common social or political goal? I would say no, because I don't think all Bitcoiners are actively trying to make Bitcoin the dominant currency, most Bitcoiners are just holding it to reap profit. I don't see any discussions about plans how to make Bitcoin replace fiat currency, everyone is just saying "when Bitcoin will replace fiat and banks its price will be $4,000,000" as if it will magically happen on its own.

Based on the Wikipedia description of a "Social Movement" ..... Bitcoin shows some signs of being a Social movement... but I will rather call it a Social experiment. The early adopters of Bitcoin was rooted in the principles of a disruption of the current "centralized" financial Banking system... so they had a common goal.

The goal was also to determine if a decentralized currency would be able to survive as a alternative to Fiat currencies that are being controlled by a centralized government and Banks.

I think the experiment was a success... Bitcoin survived and it triggered change in the financial world.  Wink  Now, centralized exchanges and large financial institutions are moving in to control Bitcoin.  Angry
full member
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bitcoin is a cryptocurrency but there are social movements that are created during the time where bitcoin became popular and example of the movement could be the bitcoin haters and bitcoin lovers or the bitcoin supporters .
there are people that are involved between this two but are not involved in a formal organizations  . they only let thier voice heard online , in social media's or in the forum . 
sr. member
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Bitcoin has somehow turned into a kind of a social movement. But it is not really a social movement. It is simply a financial technology which is growing. It's just that Bitcoin's philosophy represents freedom especially from government control and abuses. I think this Bitcoin's core philosophy is the primary reason why it has been made as a tool by social movements in pursuit of independence from government control.
legendary
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The social movement is generated by the individuals in their organization in relation to certain ideals, whether they are revolutionary or not, but they generate a change, in this case bitcoin is a great "weapon" to
be implemented as a new approach, it breaks paradigms and that makes it complex and difficult.

So as individuals within each of our social environments we have not been able to organize ourselves to make this social movement based on bitcoin effective. There is already noise in some places, countries and several individuals try to wake up bitcoin users so that they do not see it only as an asset to earn money.
hero member
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Bitcoin and cryptocurrency globally as a social movement? Well, yes it is. It is also a financial movement.
We can see many people are moving to the crypto world. We know how many more people have pros and cons about crypto, how their points of view about crypto. And how this world reaction to crypto.
Many people change their life, their finances, and their status because of crypto, moreover Bitcoin.

But, is it regulated? No, although there are some centralized cryptos, commonly, crypto moreover Bitcoin is created for a decentralized system, no need to government, And which government will control? No one.
legendary
Activity: 3024
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I agree that most people in the cryptocurrency space are just speculators, but the social movement must advance in order for these speculators to achieve their goals.

So as a result, even the speculators are promoting the social movement (which why I think there is some justification to describing Bitcoin as a pyramid scheme).

I can't call Bitcoin a social movement when the social movement aspect is secondary to most people. In other social movements people are attending rallies, make petitions, contact legislators, have political candidates. In Bitcoin social movement we just have some guys with a few thousands twitter followers write how banks are outdated and Bitcoin is the future.


Then how come there's always people saying that bitcoin will replace fiat currency? That idea won't be popular if there aren't a lot of people talking about it right? We really need to get rid of people that overhypes and exaggerates the capabilities of bitcoin, they give the wrong impression to newbies that would lead to newbies experience the reality and ending up frustrated.

People are free to express their personal opinions, and you are free to challenge their opinions. We shouldn't be getting rid of anyone.
member
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In a world of coins, use them.

Well, I don't believe that a social movement has to have a formal organization behind it and this is proven by Bitcoin right now. Or we can say that Bitcoin is a decentralized social movement...that can be the right term. Now, if the idea is to have an organization behind it because it is a social movement, that will be against the very idea of Bitcoin itself so in other words it would be a contradiction in itself. Bitcoin succeeded because of the people who believe on it and this will be the same throughout its existence.
Yes, it is true, social movements do not have to have a formal organization. And speaking of contradictions with the Bitcoin idea, I don't think it is. If Bitcoin has to form a formal organization, it can too. Bitcoin economically has provided many benefits to its users and financial freedom was felt by those who held holdings in the past. This means that Bitcoin is trusted by many people and also provides many benefits for everyone.


Bitcoin isnt a social movement by design, but it allows people to interact with trade freely, and see currency in a whole new way. The dollar is only successful because people believe in it, and people also just so happen to believe in Bitcoin. Social ideas dont have to be on purpose, sometimes things just fall into place. Wink
full member
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Well, I don't believe that a social movement has to have a formal organization behind it and this is proven by Bitcoin right now. Or we can say that Bitcoin is a decentralized social movement...that can be the right term. Now, if the idea is to have an organization behind it because it is a social movement, that will be against the very idea of Bitcoin itself so in other words it would be a contradiction in itself. Bitcoin succeeded because of the people who believe on it and this will be the same throughout its existence.
Yes, it is true, social movements do not have to have a formal organization. And speaking of contradictions with the Bitcoin idea, I don't think it is. If Bitcoin has to form a formal organization, it can too. Bitcoin economically has provided many benefits to its users and financial freedom was felt by those who held holdings in the past. This means that Bitcoin is trusted by many people and also provides many benefits for everyone.
hero member
Activity: 1904
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bitcoin was created to solve the problem of how people control their own money, bitcoin is guided by developers and the community, I really agree that bitcoin is said to be a social movement, because the presence of bitcoin has given us freedom of thought, and has given us the freedom to save our money ..
sr. member
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Because bitcoin is not an organization this all belongs to the community and the community.  Anyone here has the right to develop, own and anything from bitcoin. They have financial freedom here for everyone.
newbie
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I consider bitcoin a social movement because:
The community is involved in the project. Jeff Garzik, one of the bitcoin developers, explains that "Bitcoin is a peaceful social revolution."
Many of the early adopters believed in this revolution and were strong and influential enough to push it through.
hero member
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most Bitcoiners are just holding it to reap profit. I don't see any discussions about plans how to make Bitcoin replace fiat currency, everyone is just saying "when Bitcoin will replace fiat and banks its price will be $4,000,000" as if it will magically happen on its own.
Then how come there's always people saying that bitcoin will replace fiat currency? That idea won't be popular if there aren't a lot of people talking about it right? We really need to get rid of people that overhypes and exaggerates the capabilities of bitcoin, they give the wrong impression to newbies that would lead to newbies experience the reality and ending up frustrated.

Because people say everything and anything,,, and do not back it up with action.

Look at the influencers on social media who are talking about Bitcoin like this. Are any of them developers, did they really fight for Bitcoin or contribute to it, or even USE it the way forum people and developers here are? Most do not probably even use a real wallet, just rich investors who have a lot of Bitcoin and hoarding it to sell at a certain price.

A popular idea does not make it a real one that is actually happening.
newbie
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I'm not sure if it can be described as a social movement, but it definitely can be used to amplify social movements. Especially with the safety, security, anonymity and decentralised fashion of blockchain, crypto will be the way to expand social movements in my opinion.
newbie
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I am trying to invest in cryptocurrencies. I just buy cryptocurrency on big drops and then sell it. I recently bought BTC on the https://zikex.com/ exchange and then sold it. By the way, I like the low fees here, so you don't have to overpay. Now bitcoin makes it possible to earn and this is the main thing.
Are there traders here? Which exchanges do you choose?
hero member
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Do you consider Bitcoin(or cryptocurrencies) in general a social movement? If you consider so, social movements need a formal organization to support the movement. Is there a formal organization behind Bitcoin?

No,I don't consider Bitcoin/altcoins to be a social movement.
The term "social movement" is more related to political parties,non-profit organizations,human rights movements,religious movements,etc..
Bitcoin is a currency/financial asset and the blockchain technology is a payment network/system.
The Bitcoin/crypto community is definitely NOT a social movement.The people,who own a certain financial asset cannot be called a "social movement" or a "community".
We don't need any formal organization to "stand behind" Bitcoin.
hero member
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I think not yet because bitcoin is not adopted globally so it is just an alternative way to have a new investment and payment system. But soon, after many more countries adopt crypto and use it daily, maybe crypto can be a general social movement. Bitcoin is not like an organization that we know usual because bitcoin is stand-alone without anyone can control it.

But so far, bitcoin has helped many people who want to join in the bitcoin world and make money and have a new investment. Bitcoin gives us a new way from the traditional way with the technology is developed better.
hero member
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Yes we could say that, but it was a coincidence and people didn't notice so there is no formal institution that shelters it. Bitcoin is an interesting tool and capable of moving people (emotionally) towards freedom. Bitcoin is an individual economic solution that is driven by social factors as a "messenger" and will continue to be sustainable.
I agreed with you but in addition that cryptocurrency especially bitcoin investment has eradicate the poor life living in different countries,and from my views bitcoin is the top investment that yields positively than some of the manual business today, the adoption of bitcoin is getting some individual to accelerate positively, so emphasising on the social movement via op, i will say that bitcoin is decentralized and it's  not open as we taught, like now some countries never legalize adoption of bitcoin because of their government.
hero member
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Yes we could say that, but it was a coincidence and people didn't notice so there is no formal institution that shelters it. Bitcoin is an interesting tool and capable of moving people (emotionally) towards freedom. Bitcoin is an individual economic solution that is driven by social factors as a "messenger" and will continue to be sustainable.
member
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most Bitcoiners are just holding it to reap profit. I don't see any discussions about plans how to make Bitcoin replace fiat currency, everyone is just saying "when Bitcoin will replace fiat and banks its price will be $4,000,000" as if it will magically happen on its own.
Then how come there's always people saying that bitcoin will replace fiat currency? That idea won't be popular if there aren't a lot of people talking about it right? We really need to get rid of people that overhypes and exaggerates the capabilities of bitcoin, they give the wrong impression to newbies that would lead to newbies experience the reality and ending up frustrated.
member
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Well, I don't believe that a social movement has to have a formal organization behind it and this is proven by Bitcoin right now. Or we can say that Bitcoin is a decentralized social movement...that can be the right term. Now, if the idea is to have an organization behind it because it is a social movement, that will be against the very idea of Bitcoin itself so in other words it would be a contradiction in itself. Bitcoin succeeded because of the people who believe on it and this will be the same throughout its existence.
hero member
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It's almost a social movement to fight the people on top who only make money out of the people. FED for instance. It's about fixing the economy and in order to do that is to fix the money. There is no real organization but just consolidates people to join the small ecosystem but eventually got bigger that we now see today.

Satoshi could have been jailed already if he is identified and probably the blockchain is already not immutable and worse being registered and trademarked which nobody could ever create another for its going to be illegal.
hero member
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Do you consider Bitcoin(or cryptocurrencies) in general a social movement? If you consider so, social movements need a formal organization to support the movement. Is there a formal organization behind Bitcoin?

Probably, as bitcoin is borderless, anyone can join in the movement and promote bitcoin around the globe. But I would say it's informal movement, others might see bitcoin as a way for financial freedom, majority wanted it to a be a payment scheme, majority as store of value and make profits in the future. So loosely, bitcoin can fit on any social movement that we have seen in the past, but no concrete definition per se.
legendary
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I think that Bitcoin can be described as a social movement. People are interested in Bitcoin for many reasons, but the core motivation for Bitcoin is the improvement of society. Anyone that thinks "Bitcoin helps me" should realize that "Bitcoin helps us", and then ultimately that "Bitcoin helps all of us."

I don't think all Bitcoiners are actively trying to make Bitcoin the dominant currency, most Bitcoiners are just holding it to reap profit.

I agree that most people in the cryptocurrency space are just speculators, but the social movement must advance in order for these speculators to achieve their goals.

So as a result, even the speculators are promoting the social movement (which why I think there is some justification to describing Bitcoin as a pyramid scheme).
legendary
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Wikipedia says that a social movement is a:

Quote
loosely organized effort by a large group of people to achieve a particular goal, typically a social or political one

Do majority of Bitcoiners have a common social or political goal? I would say no, because I don't think all Bitcoiners are actively trying to make Bitcoin the dominant currency, most Bitcoiners are just holding it to reap profit. I don't see any discussions about plans how to make Bitcoin replace fiat currency, everyone is just saying "when Bitcoin will replace fiat and banks its price will be $4,000,000" as if it will magically happen on its own.
hero member
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Bitcoin is GOD
Do you consider Bitcoin(or cryptocurrencies) in general a social movement? If you consider so, social movements need a formal organization to support the movement. Is there a formal organization behind Bitcoin?
I do not think so, bitcoin is a solution to a problem, basically governments took control of issuing currencies and since then they have been defrauding the population, bitcoin solves this by offering a currency that cannot be controlled or censored completely by them while at the same time giving you complete control over your wealth.

However social movements could form around it in order to support it or they could use bitcoin for their own means, after all a government that has control of the financial system can easily shut down any opposition by just closing down their bank accounts, something that is not possible if you are holding that wealth in bitcoin.
sr. member
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Infographics save lives
Bitcoin could be said to be a social movement because it was invented to solve a problem with how people control their money but there is no central figure who is in charge of Bitcoin. Bitcoin is guided by the developers and the community. I do not think a social movement or a currency needs one person to be in charge of the direction of the project that is what is good about open source projects the community can take it and turn it into something that everyone agrees is the best choice. I not only think Bitcoin is a social movement as well as a currency I think Bitcoin has been a very successful social movement and has changed the lives and the way people think for the better for many people who have given it a chance. I say it is a matter of time before Bitcoin becomes something that is routinely used in countries instead of something that is called edgy technology by a lot of people atm.
hero member
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Do you consider Bitcoin(or cryptocurrencies) in general a social movement? If you consider so, social movements need a formal organization to support the movement. Is there a formal organization behind Bitcoin?

Needing a formal organization is not something that is necessary for a social movement. I do think that bitcoins certainty is a social movement by itself. It's been only few years since the wake of people's awareness regarding true financial stability but cryptocurrencies are the ones who enabled this hands down.
- Connecting people from across the Globe together
- Giving people the financial freedom they deserve
- Challenging the public norms regarding money and investments
- Changing the rich getting richer and poor getting poorer mentality
- Giving people more options to connect/earn/take their businesses world wide
- Making transactions more open, challenging corruption
There are so many things that I can think of honestly, that clearly pertains to a social movement brewing in the corrupt governance which is destroying the economic stability and interaction, cryptocurrencies like Bitcoins are providing an alternative to grow as a whole and connect more with people across the Globe, not just the people but economy as well.
newbie
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Do you consider Bitcoin(or cryptocurrencies) in general a social movement? If you consider so, social movements need a formal organization to support the movement. Is there a formal organization behind Bitcoin?
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