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Topic: [Graphic] Bitcoin vs. The Government. - page 3. (Read 2656 times)

legendary
Activity: 1918
Merit: 1728
April 27, 2017, 11:10:02 AM
#29
Wink little UP for the peoples.
Oh, thank you. Nice graphics.
Well, this image is coolest mean to drive curiosity in newcomers to Bitcoin. Someone new to Bitcoin will surely take a leap and fascinate about this commodity, Bitcoin!!
However, it is not self-satisfactory to clear all questions about Bitcoin but still interesting enough to induce people to type "Bitcoin" in Google.
legendary
Activity: 1512
Merit: 1012
April 27, 2017, 10:55:37 AM
#28
 Wink little UP for the peoples.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
March 16, 2017, 07:05:33 AM
#27
This image op presented is really thought provoking, but tell me if that is that is really the case with Bitcoin, and it is so amazing.
Then why we are stuck with really bad, weak and detrimental fiat money like Bolivar, and probably will be in the foreseeable future?
We can praise bitcoin all we can, but the truth is we need to include it in current legal framework - we can't create new world order with BTC!

This is absolutely right because no matter how we praise bitcoin compared to local fiat currency we cant make it to make people or government convinced to use it.This is the sad reality on bitcoin and i think we would really stuck on this situation on where bitcoin would remain on its place.
hero member
Activity: 1078
Merit: 514
March 16, 2017, 07:00:55 AM
#26
you problem is a bitcoin payment card ... not the bitcoin.
thinks must be paid with a plastic card ... for now.

so, you have Xapo and others solutions to have a plastic car linked to bitcoins.


This was a good example of illustration regarding that situation of the bitcoin users now and the non-bitcoin users outside of this industry. Very easy to understand and simple to get the catch of it. This is proven only where bitcoin now at the present are little by little adopting by the masses in the other places of the country.
The picture is really great. But in today's world it's not like that really. Today there are not too many bitcoin users among all people population. So, cause of that there is no so many places that work with bitcoin directly.
Today the schem looks like: you > bitcoin > PayPal/banks/WU/others < other side
I mean today we mostly still need to cash out our bitcoins to pay for our costs.
legendary
Activity: 3010
Merit: 1280
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March 16, 2017, 06:49:34 AM
#25
Nice info and graphics there OP.  This is the simplest form of describing what Bitcoin is about.  It simply show the fiat currency and Bitcoin differences.  And even a gradeschooler can understand and point out the difference with your graphic presentation.

you problem is a bitcoin payment card ... not the bitcoin.
thinks must be paid with a plastic card ... for now.

so, you have Xapo and others solutions to have a plastic car linked to bitcoins.


This was a good example of illustration regarding that situation of the bitcoin users now and the non-bitcoin users outside of this industry. Very easy to understand and simple to get the catch of it. This is proven only where bitcoin now at the present are little by little adopting by the masses in the other places of the country.

Yeah it show how bitcoin works, and the advantage a user can have.  No middleman!
hero member
Activity: 1134
Merit: 517
March 16, 2017, 06:00:05 AM
#24
Nice graphic comparison/illustration, but it's not great if you're looking current condition of bitcoin. Lots of unconfirmed transaction because small block size limit, FUD everyday, lots of scam attempt, company/people who wants to make bitcoin centralized and SegWit vs BU drama Roll Eyes
I seriously think it isn't best time to promote bitcoin since people would think they're fooled by those graphic comparison/frustration after they got hyped and found out current bitcoin condition.
Success anywhere is never a smooth ride and we are witnessing the lots of Bitcoin and there are many of them, but like the infographic depicts, Bitcoin is laden with so much more potentials, it would be near impossible to allow it to rot or thrown into the garbage, especially as we are worse off with the debt-ridden and worthless fiat currencies.
legendary
Activity: 1862
Merit: 1004
March 16, 2017, 04:10:00 AM
#23
This image op presented is really thought provoking and it is so amazing. But tell me if that is that is really the case with Bitcoin,
then why we are now stuck with really bad, weak and detrimental fiat currency like Bolivar, and probably will be in the foreseeable future?
We can praise bitcoin all we can, but the truth is we need to include it in current legal framework - we can't create new world order with BTC!
sr. member
Activity: 532
Merit: 250
March 16, 2017, 03:59:45 AM
#22
cool and simple image.



Great image.

The fact is that bitcoin is not controlled by any single entity, its production is not controlled by anyone, the transactions confirmations are not controlled by anyone. All of that is done through competition through miners all across the globe, and mining companies that specialise in high tech equipment that provide them with the GH/s or even PH/s that they need for that competition.

This means that the inflation rate is relatively controlled, and can be relied on because nobody controls it. The decentralised system sets its own pace of creating coins.

Bitcoin should be a lot more relevant to Venezuelans as well, since their economy is in absolute crisis and the citizens are seeking somewhere where they can store their wealth in. Bitcoin seems like a great way to do that.

Thanks for sharing.
hero member
Activity: 1022
Merit: 500
March 16, 2017, 03:51:46 AM
#21
you problem is a bitcoin payment card ... not the bitcoin.
thinks must be paid with a plastic card ... for now.

so, you have Xapo and others solutions to have a plastic car linked to bitcoins.


This was a good example of illustration regarding that situation of the bitcoin users now and the non-bitcoin users outside of this industry. Very easy to understand and simple to get the catch of it. This is proven only where bitcoin now at the present are little by little adopting by the masses in the other places of the country.
legendary
Activity: 1792
Merit: 1283
March 10, 2017, 12:52:58 PM
#20
Too bad it isn't Creative Commons or public domain, the image could easily be adjusted or used for other currencies.

I think it does have greater impact now that it's specifically compares against the Bolivar, but it would be great if you could make duplicates with other fiat currencies.
legendary
Activity: 2870
Merit: 7490
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March 10, 2017, 11:15:04 AM
#20
Nice graphic comparison/illustration, but it's not great if you're looking current condition of bitcoin. Lots of unconfirmed transaction because small block size limit, FUD everyday, lots of scam attempt, company/people who wants to make bitcoin centralized and SegWit vs BU drama Roll Eyes
I seriously think it isn't best time to promote bitcoin since people would think they're fooled by those graphic comparison/frustration after they got hyped and found out current bitcoin condition.
legendary
Activity: 924
Merit: 1006
March 10, 2017, 11:13:11 AM
#19
When goverment can't control bitcoin, they become more aware for this currency and can't legalize it easily as they must bypass goverment policy

Bitcoin better than fiat because with bitcoin you can use your currencies were ever you are but with your local currencies one is limited to his country. ....

Bitcoin just like currency plus it can be complement as investation as well so make sure that you save or spend it carefully as we know bitcoin value still high recently
sr. member
Activity: 924
Merit: 260
March 10, 2017, 10:49:34 AM
#18
Bitcoin better than fiat because with bitcoin you can use your currencies were ever you are but with your local currencies one is limited to his country. If a currency is decentralized, the control of that currencies is taken from the elites, government and individual. If you want to make bitcoin then work for it.
legendary
Activity: 1904
Merit: 1074
March 10, 2017, 10:42:13 AM
#17
I don't get the last comparison lol. I can buy literally anything with a Canadian Dollar but I can't buy anything at all with bitcoins where I am. I can buy things online, but so can anyone in the world.

Lol kind of random but by the title I was expecting this to be a graphic post as in blood / gore hahaha.

You are missing the point of the graphic ..... It makes a comparison between Bitcoin and his local currency. {Bolívar} Most of the points there are

applicable to any government controlled currency, but more applicable to the Bolívar. The Venezuelan Bolívar is really taking a hammering and

compared to Bitcoin it is very bad.  Good Graph  Wink
member
Activity: 60
Merit: 10
March 10, 2017, 08:41:04 AM
#16
Nice image, ideal for newbies to understand Bitcoin as currency and how its different from ordinary ir fiat money!!
Bitcoin provides anonymity to users thus enmarking holder as true owner!
legendary
Activity: 1582
Merit: 1006
beware of your keys.
March 10, 2017, 08:36:41 AM
#15
but you know the supply is capped and not be edited even if with the favour of users! at least government can barely control the bitcoin.
hero member
Activity: 658
Merit: 505
March 10, 2017, 08:32:29 AM
#14
Full reasons to adopt bitcoin and left the old fiat. But we must say bitcoin isn't ready for a mass adoption yet. If a whole country starts using the crypto currency we won't be able to do all the transactions and it will be worthless like bolívar or any other currency like this.
Theoretically bitcoin is perfect, but on the practice we are facing some issues very imminent to be solved.
That'r very right words. I also thing that bitcoin is not ready to become international payment istrument yet. Yes, it's coming to mass adoption, but too many things waits for bitcoin before to become so really. I think this year is going to be the best year in bitcoin's hystory - it will appear many new places that will start to work with bitcoin directly and the necessary laws of government's control will appear. And all of this will move bitcoin much closer to the mass adoption.

I would say that bitcoin already is international currency because it's used all over the world but it can't be fully adopted and used as fiat money and I agree there are many reasons for that. And governments regulation is getting stronger so we will see what will that bring to us.
hero member
Activity: 1050
Merit: 529
March 10, 2017, 08:24:48 AM
#13
A better topic for this thread would be bitcoin vs fiat. Anyways, it's nice infographic to show someone whom you are persuading to get into bitcoins.
hero member
Activity: 588
Merit: 500
March 10, 2017, 08:14:40 AM
#12
Full reasons to adopt bitcoin and left the old fiat. But we must say bitcoin isn't ready for a mass adoption yet. If a whole country starts using the crypto currency we won't be able to do all the transactions and it will be worthless like bolívar or any other currency like this.
Theoretically bitcoin is perfect, but on the practice we are facing some issues very imminent to be solved.
That'r very right words. I also thing that bitcoin is not ready to become international payment istrument yet. Yes, it's coming to mass adoption, but too many things waits for bitcoin before to become so really. I think this year is going to be the best year in bitcoin's hystory - it will appear many new places that will start to work with bitcoin directly and the necessary laws of government's control will appear. And all of this will move bitcoin much closer to the mass adoption.
hero member
Activity: 756
Merit: 500
March 10, 2017, 08:09:31 AM
#11
ahahha, something that provides information that is best in my opinion. For all the superiority of bitcoin look clearly and also given an equivalent comparison with bitcoin. But until now I still doubt with the growth of the bitcoin, if we can't do something good then bitcoin can serve as a bad place (fedback negative). Because of the advantages in the large, and extremely bitcoin it could give a negative impact to those who do indeed compete with bitcoin
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