Topic: Everyone is free to use Bitcoin as they want - page 6. (Read 851 times)
I agree with you, as long the consumer of bitcoin happy and get the benefit by using bitcoin, why not? we don't think about the purpose of the bitcoin, at the first time bitcoin is introduced for currency but right now bitcoin is used for trading and investing, but as long the investor and trader get benefit from bitcoin why not?
It is really true that everyone is free to use bitcoin as they want but, they are not free from the consequences. Bitcoin has its own rules and regulations and if you violate it, you will have a punishment for it depending on the action that you have done. Every users of bitcoin has the responsibility on every action that they will do.
Everyone can own bitcoin depending on what way they used to have it. Bitcoin is free for everyone but only for those who want to take risk and having strong emotions to handle things. You can invest an trade to have something to use for payment. Bitcoin become acceptable everywhere and government should accepts it so that everyone can freely used it.
Even though there are tons of argument about bitcoin, we cannot hide the facts that bitcoin influence is widespread all over the globe, more people are having a conclusions about it, and some of them are decided to invest in bitcoin. The most important things is, every one has allowed to use bitcoin as long as your government didnt banned bitcoin in your country. Theres a lot of opportunity in bitcoin so for me i dont wanna miss that opportunity again.
Well it's absolutely true, we can use bitcoin as we want but the fact that work is if we were a panic seller then the price will fall down it means all the long terms hodlers will be dissapointed.
yeah, that's right with what you say.
there is no single reason for that, you can think of bitcoin as a currency or an asset, it's up to your personal opinion.
there is no single reason for that, you can think of bitcoin as a currency or an asset, it's up to your personal opinion.
It's true like that, as I want freedom in taking advantage of bitcoin and also the freedom to use it, no one is able to limit or control the use of bitcoin, maybe that's why bitcoin can have high popularity in the crypto world.
Everyone is free but it is not so good because only for this reason criminal choose bitcoin and they commit their criminal deeds through bitcoin and affect it very badly.
You have a point there but if Bitcoin losses its value, it will neither be an asset or a currency. I think the purpose of those issues with SEC is not to make Bitcoin centralized but to help it to stop market manipulation and scams. If you are a whale in cryptocurrency, it is very easy for you to control the market. Maybe that is one of the reasons why there are lots of debates regarding Bitcoin and its decentralization.
Well, right now, and for the foreseeable future, I think that Bitcoin would keep its value and keep on going further. It is just a good thing that turned out to be a good development that cryptocurrencies somewhat evolved to also be an investment medium and not just another plain currency. I think as more and more changes the cryptocurrency market would undergo, the more evolutions and uses as an asset it will gain.
There's an ongoing debate in and outside of Bitcoin community regarding the economic nature of Bitcoin: is it a currency or an asset, a store of value, settlement layer and so on. The situation with ETF's also sparked some debates, as some argue that ETF's are bad and Bitcoin should stick to its cypherpunk roots and ignore the mainstream.
I think all sides kinda miss the point of Bitcoin. Bitcoin was created so people can send coins directly to others, without any mandatory middleman. Therefore, every use case is as legit as any other use case, it doesn't violate the freedom of any other user of the network. It doesn't even matter if Satoshi wanted Bitcoin to be a decentralized currency that will kill banks, because one of the principles of Bitcoin is censorship resistance, so if some people want to use centralized services, want regulated environments, speculation and so on, it's their right. All those things have no effect on people who want to use Bitcoin as an alternative currency.
So, I think there is no single answer to whether Bitcoin is an asset or a currency, everyone decides for themselves, because freedom is the ultimate point of Bitcoin.
I think all sides kinda miss the point of Bitcoin. Bitcoin was created so people can send coins directly to others, without any mandatory middleman. Therefore, every use case is as legit as any other use case, it doesn't violate the freedom of any other user of the network. It doesn't even matter if Satoshi wanted Bitcoin to be a decentralized currency that will kill banks, because one of the principles of Bitcoin is censorship resistance, so if some people want to use centralized services, want regulated environments, speculation and so on, it's their right. All those things have no effect on people who want to use Bitcoin as an alternative currency.
So, I think there is no single answer to whether Bitcoin is an asset or a currency, everyone decides for themselves, because freedom is the ultimate point of Bitcoin.
ah, what a great table topic here hatshespsut!urpass
The use of mandatory middleman and of course fiat money explains a lot of how other crowdfunding was able to surpass our doubts and fears.
You see, with bitcoin's principle of resistance (how i feel we are inside the yellow bricks), anyone tasked to do something will remain loyal to his job to show how much the company means to us.
Bitcoin might have had a huge cypherpunk following in the early days, but the user demographic has changed a lot since then.
The Bitcoin scene has now been infiltrated by a lot of speculators, since 2016 onwards, because people have recognized it's
potential as a good Store of Value.
It does not matter why you use Bitcoin, just as long as you support it as a Currency or Commodity.
If you want to be
rebellious, then you should use it to hedge against hyperinflation.
The Bitcoin scene has now been infiltrated by a lot of speculators, since 2016 onwards, because people have recognized it's
potential as a good Store of Value.
It does not matter why you use Bitcoin, just as long as you support it as a Currency or Commodity.
If you want to be rebellious, then you should use it to hedge against hyperinflation.
Bitcoin is being used as an investment and at the same time mode of payment and transferring money to others all at the same time. You're on point that it is free to be used by anyone no matter how since doing that, bitcoin will flourish to others.
It is really true that everyone is free to use bitcoin as they want but, they are not free from the consequences. Bitcoin has its own rules and regulations and if you violate it, you will have a punishment for it depending on the action that you have done. Every users of bitcoin has the responsibility on every action that they will do.
This is one of the most pleasant things, that you can beneficially have from the using bitcoin know that is good for us because we are the only who are using an old name that money and nobody can not put the hand in that understand 
You have a point there but if Bitcoin losses its value, it will neither be an asset or a currency. I think the purpose of those issues with SEC is not to make Bitcoin centralized but to help it to stop market manipulation and scams. If you are a whale in cryptocurrency, it is very easy for you to control the market. Maybe that is one of the reasons why there are lots of debates regarding Bitcoin and its decentralization.
yes, we all have the freedom to use or stop using it. As for someone who needs it, it is also very helpful. to generate income even if you are just at your home. obviously! but they are not free to disturb everything else because they are using bitcoin as they want. for example the weak hands that have been feeding the whales and panic selling and FOMO buying bitcoin at every turn and increasing the volatility have been disturbing the market. they have been also preventing adoption of bitcoin as a currency because of the huge volatility that they cause. and a lot of other problems.
This sounds exactly like the words of interventionists who say that they want to protect the market from speculators, irrational behavior, risks and so on. Are you suggesting that Bitcoin owners should be prohibited from selling their coins under certain circumstances? That would be not only immoral from ethical point of view and against Bitcoin's core principles, but also harmful to the ecosystem, because such blatant interventions always make things worse instead of fixing them.
I think bitcoin is more valuable as an asset, this will not be affected by the legality of bitcoin in a country. but if bitcoin is used as a currency, there will definitely be a ban in countries that have not legalized bitcoin. . because we buy food with money, not with bitcoin.
Yes it is right and it has some positive and negative side also. General people use it and earn money for their future or support their family but the criminal use it for destructive purpose.
Actually, there are a huge of people really wants and love bitcoin because of one big reason and that is in this system everyone has a freedom. A freedom in many things that one of the most important in all of us specially in those people that has a poor life of living. Bitcoin can be considered as a main secret remedy of people where in we will find our freedom in regards in financial stability. In addition, we all known that bitcoin system is made with the vision and mission of giving a much fastest, simplest,convenient and better ways of people in doing or making transactions and beside of it is the purpose of giving people a better ways to live with a much happiest and successful life in the future.
This is a good argument for altcoins. Bitcoin can be regulated while other privacy coins can maintain their purpose for those who want true freedom. Bitcoin is global and can be whatever the user wants it to be
There's an ongoing debate in and outside of Bitcoin community regarding the economic nature of Bitcoin: is it a currency or an asset, a store of value, settlement layer and so on. The situation with ETF's also sparked some debates, as some argue that ETF's are bad and Bitcoin should stick to its cypherpunk roots and ignore the mainstream.
I think all sides kinda miss the point of Bitcoin. Bitcoin was created so people can send coins directly to others, without any mandatory middleman. Therefore, every use case is as legit as any other use case, it doesn't violate the freedom of any other user of the network. It doesn't even matter if Satoshi wanted Bitcoin to be a decentralized currency that will kill banks, because one of the principles of Bitcoin is censorship resistance, so if some people want to use centralized services, want regulated environments, speculation and so on, it's their right. All those things have no effect on people who want to use Bitcoin as an alternative currency.
So, I think there is no single answer to whether Bitcoin is an asset or a currency, everyone decides for themselves, because freedom is the ultimate point of Bitcoin.
yes and we are free also to hold it and should not use it instead. There are many reasons why we need to have bitcoin and as we all know that bitcoin could also be used as a medium of exchange for those establishment that will accept BTC or invest into an ICO project or exchange to altcoins which coin is use for the utilization of their product, goods and services that might be essential on your daily life living. And yes we have to spend it wisely in accordance with our needs and not just that we must spend btc or the crypto we are holding. I think all sides kinda miss the point of Bitcoin. Bitcoin was created so people can send coins directly to others, without any mandatory middleman. Therefore, every use case is as legit as any other use case, it doesn't violate the freedom of any other user of the network. It doesn't even matter if Satoshi wanted Bitcoin to be a decentralized currency that will kill banks, because one of the principles of Bitcoin is censorship resistance, so if some people want to use centralized services, want regulated environments, speculation and so on, it's their right. All those things have no effect on people who want to use Bitcoin as an alternative currency.
So, I think there is no single answer to whether Bitcoin is an asset or a currency, everyone decides for themselves, because freedom is the ultimate point of Bitcoin.
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