Decline of Bitcoin... Really Decentralized? Viewpoint as an Iranian

mmahdim

jr. member

Activity: 32

Merit: 1

Quote from: TheCoinGrabber on June 01, 2019, 10:15:32 AM

Hmm... Do you still regularly travel abroad? Maybe you can take advantage of this. How hard is it to send bitcoins to each other there? Maybe you can have a page where people can place orders and they'd have to pay you in bitcoins.

This would be like the setup you mentioned earlier except you are directly growing your cryptofund instead of taking fiat which you said you fear would further depreciate as Trump continues his trade war.

I do travel abroad for like once a year at most, but many of my friends haven't been abroad ever, and most of the others that have been just had been to Iraq or Turkey for once or twice.
But yes when I travel overseas I load up my whole luggage with the parts that I need Cheesy

Sending bitcoins to each other is not a problem but some payment systems that let you make payment pages also ban us, like BitPay. I should design and program my own payment webpage from scratch if needed. Anyways thanks for sharing your ideas.

TheCoinGrabber

sr. member

Activity: 994

Merit: 302

Quote from: mmahdim on May 30, 2019, 03:14:40 PM

Quote from: TheCoinGrabber on May 30, 2019, 08:42:05 AM

I'm not into electronics but IC as in integrated circuit? You have to buy even that from abroad?! Isn't that like a very basic part? Shocked

I suppose even crypto can't help when you can't get the goods in in the first place. Googled DHL, so that means they only do local deliveries there in Iran?

There are both general purpose ICs which could be found inside the country for real cheap (even maybe cheaper than in AliExpress, because some of the merchants import the goods first and then the value of the currency decreases and they still have to sell them in the former exchange rate to just get rid of them) and the other ICs that are not that common which as I said need to be ordered from overseas.
And this is only one simple example, effects of the sanctions could be seen in many fields. medical instruments, transportations especially aircraft, etc.
DHL doesn't do any operations in Iran anymore, we have the national post for local deliveries and for international ones I don't have any idea how is that possible.

Hmm... Do you still regularly travel abroad? Maybe you can take advantage of this. How hard is it to send bitcoins to each other there? Maybe you can have a page where people can place orders and they'd have to pay you in bitcoins.

This would be like the setup you mentioned earlier except you are directly growing your cryptofund instead of taking fiat which you said you fear would further depreciate as Trump continues his trade war.

KingScorpio

sr. member

Activity: 1470

Merit: 325

bitcoin is no less dezentralised than any other financial tool,

the association of the big bitcoin miners and bitcoin whales is defacto bitcoins centre

mmahdim

jr. member

Activity: 32

Merit: 1

Quote from: zeto on May 30, 2019, 08:30:21 PM

Quote from: ?? on ??

We don't want terrorists on this forum.

I agree. Islamic countries and countries with 'stan' on it should be banned from cryptocurrencies.

What do you know about the so-called "Islamic countries"? How many of them have you been to? The things you think you know about us is just media propaganda.
I hope the series that IndigoTraveler just made on his travel to Iran could help open your eyes.
https://www.youtube.com/watch?v=0U3-7Ey3siA&list=PLN0FlxE6vY5BJbDJiGWk0gG00c2E07BSF

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: coolcoinz on May 31, 2019, 06:33:37 AM

Quote from: KingScorpio on May 31, 2019, 04:05:13 AM

Quote from: coolcoinz on May 31, 2019, 03:36:50 AM

You are either high or trolling. On a second thought, you could be both.

ok then explain me why a currency should be based on a race of installing pointless computation power?

I know answering with a question might be rude, but why does a sr. member with 6000 posts (3 times more than me) want me to explain the basics of cryptocurrency?
How can computation power be pointless if it enables us to transact? Do you know how much power bank mainframes used to consume? Many banks still depend on them instead of switching to more efficient servers.

i explain you because there is no point, bitcoin is effectivly similar like the euro bill but there is a race to zertify it as much as possible

in truth there is a limitation, so no one needs to certify more anymore.

bitcoin's growth will start annyoing whole world.

bitcoins is powered on the logic how central banks and nation state banking cartels work

mmahdim

jr. member

Activity: 32

Merit: 1

Quote from: squatz1 on May 31, 2019, 07:34:27 AM

There are international SANCTIONS against trading with Iran, right now right? Obviously, this would only come into play if you were to deal with someone outside of Iran when doing this deal.

I just want to make it clear that you MAY be violating international sanctions if you were to involve an EU/US bank, or an EU/US person in this trade.

Nope, there are no "international" sanctions against Iran. "Most UN sanctions were lifted 16 January 2016, following the Joint Comprehensive Plan of Action".
The remaining sanctions are only some related to human rights and some other related to military programs, which do not affect ordinary trades. The only reason that EU banks do not want to get involved with us is Trump's sanctions and the risk of getting banned by the US. Before Trump, our banks were a part of the SWIFT network and had no problem.

squatz1

legendary

Activity: 1666

Merit: 1285

Flying Hellfish is a Commie

Quote from: mmahdim on May 30, 2019, 03:14:40 PM

Quote from: squatz1 on May 30, 2019, 08:36:20 AM

Though just remember that you are skirting sanctions and most likely violating international and Iranian law.

There are no international laws against trading with Iran and Iranians, and Bitcoin ban is also lifted in Iran. So there's nothing against law in what I'm doing.

Quote from: TheCoinGrabber on May 30, 2019, 08:42:05 AM

I'm not into electronics but IC as in integrated circuit? You have to buy even that from abroad?! Isn't that like a very basic part? Shocked

I suppose even crypto can't help when you can't get the goods in in the first place. Googled DHL, so that means they only do local deliveries there in Iran?

There are both general purpose ICs which could be found inside the country for real cheap (even maybe cheaper than in AliExpress, because some of the merchants import the goods first and then the value of the currency decreases and they still have to sell them in the former exchange rate to just get rid of them) and the other ICs that are not that common which as I said need to be ordered from overseas.
And this is only one simple example, effects of the sanctions could be seen in many fields. medical instruments, transportations especially aircraft, etc.
DHL doesn't do any operations in Iran anymore, we have the national post for local deliveries and for international ones I don't have any idea how is that possible.

There are international SANCTIONS against trading with Iran, right now right? Obviously, this would only come into play if you were to deal with someone outside of Iran when doing this deal.

I just want to make it clear that you MAY be violating international sanctions if you were to involve an EU/US bank, or an EU/US person in this trade.

getpaidz

jr. member

Activity: 93

Merit: 1

Bitcoin is Decentralized. Fiat is not. Then you should not use/exchange Fiat. If you want to use fiat learn to be anonymous.

coolcoinz

legendary

Activity: 2814

Merit: 1192

Quote from: KingScorpio on May 31, 2019, 04:05:13 AM

Quote from: coolcoinz on May 31, 2019, 03:36:50 AM

You are either high or trolling. On a second thought, you could be both.

ok then explain me why a currency should be based on a race of installing pointless computation power?

I know answering with a question might be rude, but why does a sr. member with 6000 posts (3 times more than me) want me to explain the basics of cryptocurrency?
How can computation power be pointless if it enables us to transact? Do you know how much power bank mainframes used to consume? Many banks still depend on them instead of switching to more efficient servers.

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: Jet Cash on May 31, 2019, 03:48:20 AM

Quote from: ?? on ??

We don't want terrorists on this forum.

Should be ban anybody associated with Washington or the City of London then?

who isn't a terroist?

effectively all capitalists are terroists if not whole world would suffer from cryptocurrency spam eternally

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: coolcoinz on May 31, 2019, 03:36:50 AM

You are either high or trolling. On a second thought, you could be both.

ok then explain me why a currency should be based on a race of installing pointless computation power?

Jet Cash

legendary

Activity: 2814

Merit: 2472

https://JetCash.com

Quote from: ?? on ??

We don't want terrorists on this forum.

Should be ban anybody associated with Washington or the City of London then?

coolcoinz

legendary

Activity: 2814

Merit: 1192

I don't know why people are blaming bitcoin for the decisions of centralized entities. It really is pointless and stupid. If you get a ban somewhere it has nothing to do with bitcoin. You should be blaming the platform that banned you, which TOS you had to accept to begin trading/advertising. They have to register and comply with local laws and we can't expect them to remain decentralized in a centralized world.

Quote from: KingScorpio on May 31, 2019, 02:56:52 AM

bitcoin is only damaging to people and to environment

You are either high or trolling. On a second thought, you could be both.

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: zeto on May 30, 2019, 08:30:21 PM

Quote from: ?? on ??

We don't want terrorists on this forum.

I agree. Islamic countries and countries with 'stan' on it should be banned from cryptocurrencies.

shut up,

completely disagree, especially islamic countries should understand cryptocurrencies.

but the economy is currently still to corrupt.

it might stay for 100 or even more years till crypto becomes a real deal.

it would need a sith lord to introduce it globally.

bitcoin is only damaging to people and to environment and only starts a competitive race

regards

zeto

newbie

Activity: 69

Merit: 0

Quote from: ?? on ??

We don't want terrorists on this forum.

I agree. Islamic countries and countries with 'stan' on it should be banned from cryptocurrencies.

mmahdim

jr. member

Activity: 32

Merit: 1

Quote from: squatz1 on May 30, 2019, 08:36:20 AM

Though just remember that you are skirting sanctions and most likely violating international and Iranian law.

There are no international laws against trading with Iran and Iranians, and Bitcoin ban is also lifted in Iran. So there's nothing against law in what I'm doing.

Quote from: TheCoinGrabber on May 30, 2019, 08:42:05 AM

I'm not into electronics but IC as in integrated circuit? You have to buy even that from abroad?! Isn't that like a very basic part? Shocked

I suppose even crypto can't help when you can't get the goods in in the first place. Googled DHL, so that means they only do local deliveries there in Iran?

There are both general purpose ICs which could be found inside the country for real cheap (even maybe cheaper than in AliExpress, because some of the merchants import the goods first and then the value of the currency decreases and they still have to sell them in the former exchange rate to just get rid of them) and the other ICs that are not that common which as I said need to be ordered from overseas.
And this is only one simple example, effects of the sanctions could be seen in many fields. medical instruments, transportations especially aircraft, etc.
DHL doesn't do any operations in Iran anymore, we have the national post for local deliveries and for international ones I don't have any idea how is that possible.

TheCoinGrabber

sr. member

Activity: 994

Merit: 302

Quote from: mmahdim on May 29, 2019, 03:38:19 PM

Quote from: TheCoinGrabber on May 29, 2019, 03:07:34 PM

Didn't know it's gone hard for Iran like this.

One of the main issues I'm facing with currently as an EE student and hobbyist is not just losing our currency's value, but not being able to buy the things that I can already afford! For example, if I needed an IC for a project, I would need to order that from someone who is going to travel overseas and pay for that many times more than the item actually costs to bring that for me in person. Imagine even having DHL you in their ban list.

I'm not into electronics but IC as in integrated circuit? You have to buy even that from abroad?! Isn't that like a very basic part? Shocked

I suppose even crypto can't help when you can't get the goods in in the first place. Googled DHL, so that means they only do local deliveries there in Iran?

squatz1

legendary

Activity: 1666

Merit: 1285

Flying Hellfish is a Commie

Quote from: mmahdim on May 29, 2019, 12:45:07 PM

Quote from: SirArthur on May 29, 2019, 12:20:38 PM

Try Bisq, that's impossible to ban anywhere.

Yes, but it would take months to gather around all the people again. Both Bisq and Hodlhodl could replace localbitcoins but they're still empty of ads in my country.

True, this is one of the big problems with decentralized services right now. There's no real liquidity on them. The only P2P exchanges that have liqiduity are going to be LBC and Paxful -- though they're most likely at the whim of US and EU regulators so they're not going to try to sacrifice their business to get some BTC into Iran (and violate sanctions)

The only real way to skirt them is through decentralized service, btc atms, and earning money in btc. Though just remember that you are skirting sanctions and most likely violating international and Iranian law.

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: mmahdim on May 29, 2019, 10:11:29 AM

So Bitcoin was meant to be a decentralized network for trading, but today as an Iranian when I tried to submit my ad in the LAST international Bitcoin trading marketplace that left my people unbanned until now (i.e. localbitcoins) I got this error:

Localbitcoins, based in Finland, located in the EU which is still a part of the JCPOA and has officially stated no trading sanctions against Iran, was the last hope of our community to have international trades.

My hope is to spread my word around the world to at least show not everything is as it seems like in the media. The EU constantly supports the deal in words and pretends to be the impartial knight of the universe. The way for them to prove themselves is to at least lift this ban and show that they're truly independent of US's policies.

bitcoin is declining?

jes it is not popular. usage for the technology has to be found.

a big problem is lack of cross border trust.

regards

mmahdim

jr. member

Activity: 32

Merit: 1

Quote from: TheCoinGrabber on May 29, 2019, 03:07:34 PM

Didn't know it's gone hard for Iran like this.

One of the main issues I'm facing with currently as an EE student and hobbyist is not just losing our currency's value, but not being able to buy the things that I can already afford! For example, if I needed an IC for a project, I would need to order that from someone who is going to travel overseas and pay for that many times more than the item actually costs to bring that for me in person. Imagine even having DHL you in their ban list.

Quote from: TheCoinGrabber on May 29, 2019, 03:07:34 PM

As for the EU being "impartial knight" they've always had their own interests, it just happens that those interests align with the US. See them quickly turn around and do a backstab the moment they can.

At least what media suggests is that Finland is the most "righteous" country in the world, which is actually not wrong, to be honest (I've lived in Helsinki for several years). But it's very disappointing to see such behavior happen in that country. If they (not just the EU, whole JPCOA) don't stand against the US (read Trump) right now there'll be some time each one of them would be a target for the next sanctions, just like China's Huawei now.

Topic: Decline of Bitcoin... Really Decentralized? Viewpoint as an Iranian (Read 381 times)