Topic: but...but....bitcon is supposed to be free! - page 2. (Read 561 times)
Bitcoin has great advantage that it’s free to transection. So it’s preferable for some people who want to get rid of transection fee. They prefer BTC instead of fiat.
Bitcoin suppose to be free and this is free actually if we think about market this market is fully decentralized based on this you can buy this anytime also there is no barriers.
I've never heard that bitcoin is supposed to be free! From my knowldege I've always known that bitcoin was created for a decentralized currency system! Never for free!!
Bitcoin is crypto currency. A vast amount of internet transactions is depending on it. So bitcoin to be free is right now might be too late to happened as it is connected to lot of financial activities and people
Hypothetically you are right. But in reality making bitcoin free will free up a lot of people’s pocket who deal business with bitcoin and they can’t buy anything free. So its not a very good option for them bitcoin to be free
There is a site called free bitcoin in which you can earn free bitcoins in every hour without any kind of investment. You can search for some more information.
Yeah I also think it is free because of its large number of users who are enable to transact currency and they can also earn bitcoins by mining bitcoins.
If bitcoin transaction becomes free that will be great, but we know that those organizations need to run their business, they have to pay their employees and many things need to run a business. I wish if transaction fees become little less than nowadays.
Free things never get proper value in this world. Though some people expect to get free things but they forget, no any big things are getable with free staffs.
It’s totally inappropriate to wish to get bitcoin completely free. As we know that some private companies sell it and make their revenue.
These types of posts are published just to seek the attention of the people. This is not true that you will get the bitcoin free. Then there is no use of those people who are involved with bitcoin.
Bitcoin is the cryptocurrency that follows the rules and regulations of the government. There is no way of getting it for free. Because they do a lot of things to attain the people to invest in bitcoin by giving them profit. So, the post is fake.
BECAUSE THERE IS NO VOLUME, and people would much rather have the safety of a brand and a centralized exchange who is most likely regulated by the government. Bitcoin is always going to be free, but it's crazy to think that private enterprise is going to sell you bitcoin without making money on the sale.
Exactly, companies have their own difficulties, regulators, employes, salaries, renting operation space, renting servers etc.All this point to that they must make some money.
Bitcoin itself will always be free, but everything around bitcoin people offer, they want money for their services.
How bitcoin is supposed to be free? You have to earn it by spending your time, or you need to mine or you can exchange your fiat money to buy bitcoin.
Bitcoin is still free. Many people are OK with centralized exchanges with KYC and it is possible for them to use this. However, decentralized exchanges also exist (e.g. bisq, localbitcoins, liberalcoins, bitcoin ATMs) without need for KYC (no government ID required) and without risk that your funds will be frozen for arbitrary reasons. As long as it is possible to buy and sell bitcoin freely, peer-to-peer without limits or restrictions, bitcoin will remain free. No one forces you to use centralized exchanges.
All the above (Localbitcoins, bitcoinATMs) are perfect examples of centralized exchanges (Bisq might be the exeption, but who the hell uses them?). I don't really understand why you think they're decentralized exactly..? Just because they (Localbitcoins, liberalcoins) allow P2P trading?
Quote
without need for KYC (no government ID required)
And yet you list LBC, where KYC is a necessity...
Quote
and without risk that your funds will be frozen for arbitrary reasons.
LBC can freeze your account, your funds anytime they want, and have done so in the past. I don't think liberalcoins is any different..(With the exception of forcing KYC on customers.)
I used localbitcoins 2 months ago without KYC but it was low-volume. If it changed recently, I will remove LBC from the list. If you withdraw funds immediately after exchange, you should be safer. Yes I meant to write p2p not decentralized, I will update the post.
Now how do you plan to cover mining costs? I don't know how you came up with this idea, but obviously you have no clue what Bitcoin is and how it works.
If everyone can get the bitcoin for free, then it's value is simply 0 and have no market cap.
If Bitcoin is called a free coin, what does it mean? No one cares about a free or cheap item. I hope Bitcoin can overthrow those greedy governments and banks, but Bitcoin should have a certain value!
Bitcoin is still free. Many people are OK with centralized exchanges with KYC and it is possible for them to use this. However, decentralized exchanges also exist (e.g. bisq, localbitcoins, liberalcoins, bitcoin ATMs) without need for KYC (no government ID required) and without risk that your funds will be frozen for arbitrary reasons. As long as it is possible to buy and sell bitcoin freely, peer-to-peer without limits or restrictions, bitcoin will remain free. No one forces you to use centralized exchanges.
All the above (Localbitcoins, bitcoinATMs) are perfect examples of centralized exchanges (Bisq might be the exeption, but who the hell uses them?). I don't really understand why you think they're decentralized exactly..? Just because they (Localbitcoins, liberalcoins) allow P2P trading?
Quote
without need for KYC (no government ID required)
And yet you list LBC, where KYC is a necessity...
Quote
and without risk that your funds will be frozen for arbitrary reasons.
LBC can freeze your account, your funds anytime they want, and have done so in the past. I don't think liberalcoins is any different..(With the exception of forcing KYC on customers.)
Bitcoin is still free. Many people are OK with centralized exchanges with KYC and it is possible for them to use this. However, p2p exchanges also exist (e.g. bisq, localbitcoins, liberalcoins, bitcoin ATMs) without need for KYC (no government ID required) and without risk that your funds will be frozen for arbitrary reasons. As long as it is possible to buy and sell bitcoin freely, peer-to-peer without limits or restrictions, bitcoin will remain free. No one forces you to use centralized exchanges.
Edit: Changed decentralized to p2p
Edit: Changed decentralized to p2p
Jump to: