Can We Consider Bitcoin To be An Anti-Government? - page 3.

HeRetiK

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Quote from: penig on February 09, 2018, 03:31:20 AM

Not really. But many do because they have a misguided view of what government is and does. They assume its purpose is to impose their economic will upon the people, when really they are passengers on the economic train trying to steer and control the speed of economy to benefit of all. Government's principle function is to provide law, protection and stability to people's lives. Bitcoin provides none of these.

Governments are not scared by bitcoin, some bitcoin evangelists want them to be so they can use bitcoin to advance their agenda of being anti-government. Some governments are concerned about bitcoin influence and consequence, based on their instinct to be authoritarian in providing protection and stability.

Precisely. Just because Bitcoin is trying to break the governmental monopoly on money doesn't make it anti-government. It doesn't even make it anti-fiat.

Bitcoin is simply providing an alternative to traditional currencies and payment systems. And a much needed one at that, given the ever increasing push towards monetary control and permissioned payments -- both by governments and cooperations.

vv181

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Quote from: CryptoBry on February 09, 2018, 03:17:50 AM

Bitcoin is returning back the power to the people to determine their own financial fate and to make decisions away from the controlling power of the government. It is proposing a decentralized world where power can be distributed and not concentrated on the few or the elites as some would say.

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

The fact the many governments are afraid of Bitcoin is a manifestation that Bitcoin is successful in getting the attention of the government and many institutional establishments as to the many ills affecting a centralized system which we have known since we were born into this world.

Bitcoin created in the vision of decentralized peer-to-peer cash, so its safe to say Bitcoin is the solution for centralized economics. which fit perfectly into the anti-government movement.

I believe since the nature of Bitcoin is pseudo-anonymous, and governments see it as a threat to their nation like tax evasion and money laundering, so no wonder why we got negative sentiment from the government.

flashbit

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Quote from: CryptoBry on February 09, 2018, 03:17:50 AM

Bitcoin is returning back the power to the people to determine their own financial fate and to make decisions away from the controlling power of the government. It is proposing a decentralized world where power can be distributed and not concentrated on the few or the elites as some would say.

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

The fact the many governments are afraid of Bitcoin is a manifestation that Bitcoin is successful in getting the attention of the government and many institutional establishments as to the many ills affecting a centralized system which we have known since we were born into this world.

I agree with that, we can see that in Venezuela where Bitcoin is called the "Lifesaving Currency" : Bolivar is now worthless and Venezuelans buy or mine Bitcoin to purchase food from online platforms such as Amazon to feed their families, they don't need financial institutions or governments which are corrupts anyway.

Venezuela is a good example to show how it can be used in IRL for the people. Bitcoin is the people currency.

Gontxi

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yes, I totally agree with what you say. this is the government's fear of bitcoin. but, not for an asian country. in some developing or poor countries, tends to the political elite play an active role to determine the ban, because the system is corrupt.

realcrypto

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Bitcoin is not an anti-government concept, The government know the truth about the way money works and they are trying with all means to prevent the common to understand the concept of money.

penig

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Not really. But many do because they have a misguided view of what government is and does. They assume its purpose is to impose their economic will upon the people, when really they are passengers on the economic train trying to steer and control the speed of economy to benefit of all. Government's principle function is to provide law, protection and stability to people's lives. Bitcoin provides none of these.

Governments are not scared by bitcoin, some bitcoin evangelists want them to be so they can use bitcoin to advance their agenda of being anti-government. Some governments are concerned about bitcoin influence and consequence, based on their instinct to be authoritarian in providing protection and stability.

betiteh0777

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Quote from: CryptoBry on February 09, 2018, 03:17:50 AM

Bitcoin is returning back the power to the people to determine their own financial fate and to make decisions away from the controlling power of the government. It is proposing a decentralized world where power can be distributed and not concentrated on the few or the elites as some would say.

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

The fact the many governments are afraid of Bitcoin is a manifestation that Bitcoin is successful in getting the attention of the government and many institutional establishments as to the many ills affecting a centralized system which we have known since we were born into this world.

yeah but they cant do anything about it, if they want to kill bitcoin they have to shut down internet haha

CryptoBry

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Bitcoin is returning back the power to the people to determine their own financial fate and to make decisions away from the controlling power of the government. It is proposing a decentralized world where power can be distributed and not concentrated on the few or the elites as some would say.

In my own view, Bitcoin is offering an alternative to what the government is providing. And on this ground, many government people are viewing Bitcoin to be an expression of an anti-government movement. This can be the reason why they do not trust Bitcoin and some are out to stifle its growth.

The fact the many governments are afraid of Bitcoin is a manifestation that Bitcoin is successful in getting the attention of the government and many institutional establishments as to the many ills affecting a centralized system which we have known since we were born into this world.

Topic: Can We Consider Bitcoin To be An Anti-Government? - page 3. (Read 537 times)