Do you trust bitcoin holders? - page 6.

tread93

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Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

So you are saying that anyone who doesn't trust the government shouldn't be trusted when the government has done so many awful things that aren't in the interest of their people?? Look at the US today, Biden does not serve one interest of the American people. The whole purpose for Bitcoin is to not have to rely on trusting a middle man aka the corruptible politician in this case. Bitcoin is the bipartisan solution here in our currency democracy. I trust that bitcoin holders have a good reason to see the value that bitcoin provides here.

Iranus

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Quote from: DeathAngel on May 11, 2024, 04:22:19 AM

Bitcoin holders are some of the most patient, trustworthy people on the planet. Anybody who can hold their money in an asset that drops 70% & not flinch deserves the upmost respect. We are a rare breed of strong handed investors, nerves of steel. Bitcoin holders can be trusted more than most people.

But not all bitcoin investors have diamond hands, there are also many weak hands and have dumped their bitcoins. Additionally, I don't believe anyone can stay calm and not flinch when bitcoin drops more than 70% in value. I believe that even veteran investors who have experienced this many times cannot avoid being worried. But they know how to handle that situation better than newbies, so they can avoid panic selling.

That's why I said holding bitcoin is not easy and not too many people can do it. Many people often urge others to hold and buy the dip, but at that time how many people can keep calm and do that? It's always easier said than done.

Belarge

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Quote from: 0t3p0t on May 10, 2024, 11:25:42 AM

I am not anti-government though I am not a fan of banks but yeah I don't have a problem with them I am a Bitcoin hodler as well however it was just a few portions but yeah better than nothing. Given that we are in a risky crypto industry everything in here cannot be trusted due to the fact that we do have different purposes why we are hodling Bitcoins even ourselves sometimes we hesitate to make decisions because of trust issues. 😅

We don't hesitate to grab opportunities when we sight one and the market only favors those categories of trades that have calmly drawn their maps in the market. The crypto industry is risky and we should always place our minds on developing our initial investment and explore to magnificent phase. Holding bitcoin is prioritize by investors that have patience and will do anything to settled for outstanding results. We make decisions on the market and we look out for the possible best of our actions.

DeathAngel

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Bitcoin holders are some of the most patient, trustworthy people on the planet. Anybody who can hold their money in an asset that drops 70% & not flinch deserves the upmost respect. We are a rare breed of strong handed investors, nerves of steel. Bitcoin holders can be trusted more than most people.

adpinbr

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Must people are using bitcoin for illegal transactions and it not to trace so you can’t trust them all, bitcoin is the almighty currency and a super currency that makes people happy and happy for their increases

qwertyup23

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Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

I do not see the logic on how BTC promotes anti-government and banks. Remember, cryptocurrencies as a whole can co-exist even with the support of the government and the execution of banks. It does not have to be black and white to the point that one should exist and the other should not. The beauty behind cryptocurrencies is that it gives financial freedom in our transactions since no person can ever change what is written on the blockchain, which makes it foolproof to say the least.

Now when it comes to BTC HODLers, the reason behind their decision mostly stems from experience and price history. Ever since I joined last 2017, I have personally witnessed the skyrocket of its price multiple times and I have failed to take advantage of such opportunity. Since I somehow have experience on HODLing BTCs, I mostly hold them now both for short and long-term advantage depending on its price on the market.

So to answer your question- YES, I TRUST BITCOIN HODLERS.

o48o

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Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

What does that question even mean? What you mean by trust? Trust in what issues? I don't think i need to trust anyone, about anything just because what ever they hold in their bags. That feels like insanity to me. Also Bitcoin isn't anti anything. It's a piece of code, that can be changed during the time if community accepts the changes. It's an alternative way to transfer finances. A tech that needed to be explored and i don't think the exploration of this is in any way finished.

But your question is biased and vague. You might as well ask if you trust linux users because they promote anti-capitalism.

0t3p0t

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I am not anti-government though I am not a fan of banks but yeah I don't have a problem with them I am a Bitcoin hodler as well however it was just a few portions but yeah better than nothing. Given that we are in a risky crypto industry everything in here cannot be trusted due to the fact that we do have different purposes why we are hodling Bitcoins even ourselves sometimes we hesitate to make decisions because of trust issues. 😅

Kelvinid

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Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

In what way OP that Bitcoin is anti-government as I never see it?
I believe that if a person doesn't have enough knowledge about Bitcoin will end up spreading wrong information and this possibly happened to OP who thought that Bitcoin couldn't be trusted, and the same to the holders.

Whatever your stance OP, I remain trusting Bitcoin and I will accumulate more because I know that it is not illegal and there are no government rules it breaks. And you don't need to wonder but instead, make your time to learn more about Bitcoin because if this is wrong, then there is no reason that Bitcoin will continue to exist.

mvdheuvel1983

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Quote from: CryptoBuds on May 08, 2024, 01:36:33 AM

Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

Bitcoin was not created to encourage anti-government, anti-banking, you should not spread such false ideas and cause greater misunderstanding between the government and the bitcoin community. Satoshi never intended to create bitcoin to counter or replace anything controlled by the government.

Also, don't imitate some people who talk bad about banks or fiat money while you are still using it every day. It is true that they have disadvantages but we still depend on and use them, and they also have useful use cases, not completely useless.

I think op fails to understand that Bitcoin works with fiat, Bitcoin was created as a means to facilitate fast transactions between different individuals in different places also as a store of value and choice was open for everyone that's interested.
There is misconception in the op side, Bitcoin is not fighting with anybody, the fiat regime will continue and Bitcoin will too because both currency has their functions and they must come along with each other, some people don't even understand that Bitcoin has not been adopted by everyone and in many countries there are restriction to Bitcoin that's why you can hold it in your wallet and covert to fiat if you want to purchase anything.

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Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

I wouldn't say most of them are anti-government, banks and stuff. They are rational people, wise and rational, Bitcoin holders, I mean. And someone who is rational will not be against all governments and their institutions.

Uhwuchukwu53

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Quote from: Darker45 on May 07, 2024, 06:32:20 PM

I can't speak for others, but I'm a hodler and I'm not anti-government. I'm not even completely anti-bank.

However, there are so much to hate about how governments and banks work on the ground. And those are what I'm particularly against. That governments continuously devalue money to the detriment of ordinary people, for example, is something that everybody should be against. To protest against this doesn't necessarily mean to protest against the existence of a government.

That banks irresponsibly risk their clients' money in investments they alone choose and decide is something that every bank customer should be against. But to be against this doesn't necessarily mean going against the existence of banks.

Yes that speaks volumes in me , no body that's a holdler that is against bank or government there is difference between calling a Spade shovel instead of spade. No holdler that don't make use of bank or convert to fiat currency or resist to obey the laws or government policy.

As today in my Nation you hardly get your fiat deposited in bank as a result of bank saying there is no money the question is where is the deposited one, which you have made,it has be loan to big investors they use your money to trade keeping you hungry and restrict for using your money when needed most with some strick policy's such as withdrawal limit etc this are what many holder kick against not government and bank.

Russlenat

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Quote from: adaseb on May 07, 2024, 10:17:16 PM

Pretty sure these days, nobody is anti government. Or at least the majority of Bitcoin holders aren’t. If they were they wouldn’t of KYC on exchanges to buy and sell their crypto.

Most of the holders are probably nothing but speculators. They aren’t in it for the advances bitcoin can make for society, they are in it for the monetary gains. Many earlier adopters were different. But these days, everyone is getting into crypto to get rich, not go against the government.

Exactly. Even if bitcoin was designed to build freedom from banks and government, but that does not mean that those who trust and invest in bitcoin are anti-government or anti-banks. Its just that they don’t see fiat as highly valuable in the future, but it’s bitcoin that seems to always appreciate its value in the long run. Therefore, we invest in bitcoin for our own satisfying means, that is to build our wealth in the future with the help of bitcoin, and maybe investing in fiat could still be somehow a secondary goal next to bitcoin.

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Quote from: Rabata on May 09, 2024, 06:22:18 AM

Quote from: Assface16678 on May 08, 2024, 05:32:01 PM

Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

I think the word "anti-government" is not an appropriate to use here, I mean I dont think that bitcoin is build in order to oppose government banks or what itd just that we could clearly see that crypto currency or bitcoin rather is a strong currency and a good innovation that could "possibly" replaced traditional banks, yes there's a lot of bitcoin holders or bitcoin enthusiast want traditional banks to be replaced right away but in reality it is a big changes, it is big that if not planned carefully the banking system or financial system of the world could be in chaos, for me I dont want banks to be abolished I just want that bitcoin can be recognized world wide and be used world wide like how can we used traditional currencies, so yeah I do trust bitcoin holders because why not? I'm one of them, but of course not all of them, as I don't know them personally.

Although Bitcoin was not created against the government or the banks, the banks may think it is their competitor. But I think that as technology improves, people's financial system will also change. People will use whatever is most convenient for them. Bitcoin has given financial freedom to people due to which it is at the peak of popularity worldwide. Governments are not able to impose any tax on the use of Bitcoin for the sole reason that they oppose Bitcoin. Bitcoin is ahead in popularity even without government support which will force governments to use and approve Bitcoin.

If we do tend to read up Bitcoin WP then the main thing that you would be coming up into your mind that it do really goes that opposite on what Bank is offering or to those other 3rd parties when it comes to money transfers on which this really that disrupt the line on which it would really be that a common impression that it will really be that something that could be able to intervene specially on what government do really likes.
As for the question about trust about Bitcoin holders then there's nothing we can do on what are the things that they do have in mind. For sure we arent that going against government but rather we are really that giving out that kind of importance when it comes to freedom on which this is something that we should really be having in our minds considering that privacy and anonymity is something that taken from us
yet they do really know everything in regarding on what are the things that you've been dealing or doing on.

Bitco55

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Quote from: wez on May 07, 2024, 05:45:34 PM

Since Bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

Is there a reason why I should ?... Definitely, we all know, that anything that has an advantage also has its disadvantages. Bitcoin is used for a lot of good and great things and is also used to sponsor illegal and bad things. So, that's that about what Bitcoin promotes, but how exactly does it relate to or concern me and the Bitcoin holders?

A lot of people are holding as future investments, so they can fall back on something real good in the future, and others such as the anyi- government and banks, like you've mentioned are also bent on holding it for whatever reason. But honestly, I still don't see my business with them. Is there a particular reason why I should, or shouldn't?

R100K-Martin-Lunger

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I am a HODLer. No, I am not antigovernment. I see inherent value in Bitcoin and do believe it can transform finance for us. I have been investing in other coins as well and while crypto is definitely a volatile market, there is so much to learn and so many opportunities for significant gains. You just need to have the right tools and resources at your disposal.

Rabata

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Quote from: Assface16678 on May 08, 2024, 05:32:01 PM

Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

I think the word "anti-government" is not an appropriate to use here, I mean I dont think that bitcoin is build in order to oppose government banks or what itd just that we could clearly see that crypto currency or bitcoin rather is a strong currency and a good innovation that could "possibly" replaced traditional banks, yes there's a lot of bitcoin holders or bitcoin enthusiast want traditional banks to be replaced right away but in reality it is a big changes, it is big that if not planned carefully the banking system or financial system of the world could be in chaos, for me I dont want banks to be abolished I just want that bitcoin can be recognized world wide and be used world wide like how can we used traditional currencies, so yeah I do trust bitcoin holders because why not? I'm one of them, but of course not all of them, as I don't know them personally.

Although Bitcoin was not created against the government or the banks, the banks may think it is their competitor. But I think that as technology improves, people's financial system will also change. People will use whatever is most convenient for them. Bitcoin has given financial freedom to people due to which it is at the peak of popularity worldwide. Governments are not able to impose any tax on the use of Bitcoin for the sole reason that they oppose Bitcoin. Bitcoin is ahead in popularity even without government support which will force governments to use and approve Bitcoin.

Nothingtodo

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Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

Bitcoin always works against the central bank that is why a country's government and central bank never want Bitcoin to be developed and approved. In this case, the government can impose strict restrictions on investors and holders. But if a holder can hold according to the country's rules and regulations then I think investors and holders will never be a threat to a country.

Oasisman

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Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

And what made you think that bitcoin promotes anti-government and bank and any other 3rd payment processors? Let me guess, is it because bitcoin cannot be controlled by government and it can totally disregard the use of banks and 3rd party payment processors when 2 or more people are transacting using bitcoin? If that so, then you just have misunderstood the word "anti" which basically means going against (the government, banks, and others). Now, if bitcoin is against the government and the banks, why would they gradually adopting and regulating the crypto exchanges? They even imposed tax on it and banks are accepting crypto.

Yamifoud

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Quote from: wez on May 07, 2024, 05:45:34 PM

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?

What do you mean by anti-government OP? Investing in Bitcoin is not against the government and it never harms anyone in the community instead, it gives freedom and a chance to improve their living. Maybe if you think it is against the bank, that is likely true. I think it is not the issue, in fact, some countries are legalizing Bitcoin which means that it is not against the government, it was you who misinterpreted the purpose of this creation.
These people are not just Bitcoin holders, they are also investing in other forms of investment.

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