Has Bitcoin been inflitrated by global elite? - page 2.

Mauser

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Quote from: barto123 on April 10, 2024, 05:08:43 PM

Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?

There is clearly a global agenda to gain control of populations, through every possible means. IMO, you have to very ignorant at this point to think otherwise.

Is Bitcoin really freedom money?

I don't think this is anything new.. Elon Musk for example had been invested in crypto currencies for many years now. He like to send prices prices to the moon with his tweets and also sends them crashing again. He is just one of the loudest high networth investors that share their opinion publicly. There will be other rich investors like him that buy their coins in private and don't tell the world about it. Without there money buying coins at the current levels it would be hard for us to take profits. I wouldn't worry too much about the rich, in the end it's our decision if we want to sell or not.

Smartprofit

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In my opinion, representatives of the financial and bureaucratic elite did not pay enough attention to the emergence of Bitcoin in 2009 - 2011.
Bankers and politicians were busy dealing with the fallout from the 2008 global financial crisis. At the same time, the most insightful people predicted in advance the emergence of innovations at the intersection of finance and information technology precisely during this time period.
Once it became clear that Bitcoin was a big deal, bankers tried to take control of the first cryptocurrency (through futures, regulated cryptocurrency exchanges, regulations, etc.).
They partially succeeded...
But Bitcoin still retains its original rebellious nature.

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Quote from: Marvell1 on April 11, 2024, 07:49:10 AM

Quote from: sunsilk on April 11, 2024, 05:53:55 AM

There's even one opinion that I've read before about what if Bitcoin was actually made by the FED. Grin

Too many theories about bitcoin, I have also heard some opinions that bitcoin was created by the FBI and now there is a more attractive hypothesis that bitcoin was created by the FED, LOL.

I don't believe in any theory because I believe that those centralized organizations always seek to control us

Don't worry they're theories but one thing is for sure satoshi created Bitcoin. And another fact is that we will never know who satoshi actually is or are.

Quote from: Marvell1 on April 11, 2024, 07:49:10 AM

so why would they create something for everyone that even they cannot control? If you wanted to control and manipulate people, would you create something that even you couldn't control? No one is stupid enough to shoot themselves in the foot like that.

I don't know, only them can answer that but are they the creators of it? they're just rumors and opinions as I've said so nothing to get serious with that.

Quote from: Marvell1 on April 11, 2024, 07:49:10 AM

Bitcoin is bitcoin, it's decentralized and who created it, who is Satoshi, everything doesn't matter anymore.

And props to the contributors that helped satoshi perfect it including Hal.

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Quote from: barto123 on April 10, 2024, 05:08:43 PM

Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?

I do not think so.

Yes there are many investors who are capable of buying lots of coins and therefore gaining more profits than those average citizens that can only buy smaller units of bitcoin which are satoshis.

But I believe that the very fact that many can now buy into bitcoin because we can buy in small amounts means that bitcoin does not entirely belong to the rich. Back then with all the other investments, you can only venture out into those if you have huge capital but now it’s just not true anymore.

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Quote from: sunsilk on April 11, 2024, 05:53:55 AM

There's even one opinion that I've read before about what if Bitcoin was actually made by the FED. Grin

Too many theories about bitcoin, I have also heard some opinions that bitcoin was created by the FBI and now there is a more attractive hypothesis that bitcoin was created by the FED, LOL.

I don't believe in any theory because I believe that those centralized organizations always seek to control us, so why would they create something for everyone that even they cannot control? If you wanted to control and manipulate people, would you create something that even you couldn't control? No one is stupid enough to shoot themselves in the foot like that.
Bitcoin is bitcoin, it's decentralized and who created it, who is Satoshi, everything doesn't matter anymore.

sunsilk

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There's even one opinion that I've read before about what if Bitcoin was actually made by the FED. Grin

Quote from: barto123 on April 10, 2024, 05:08:43 PM

Is Bitcoin really freedom money?

Actually, it is.

You hold your own Bitcoin which is your money and you're free to spend them anytime without having the worry that someone might lose it but only you.

Considering how banks are keeping our money and they take advantage of it as their service. Us, we hold it for the actual safe keeping that no third party is involved.

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Quote from: barto123 on April 10, 2024, 05:08:43 PM

Is Bitcoin really freedom money?

I'm not pessimistic, but I think we will soon see that bitcoin is no longer an asset that poor people can own like before, let alone bitcoin will still be freedom money. If someone says that gold or real estate is the playground of the rich, sooner or later bitcoin will be their playground.

Once bitcoin becomes popular, it is inevitable that large organizations and governments will jump into the game and they will control the game. After all, everything in this world is converted and measured in money, bitcoin is no exception. And the rich will have many ways to take all the poor people's bitcoins like they did with gold.

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Quote from: barto123 on April 10, 2024, 05:08:43 PM

Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?

The way I see it it's the other way round, ie. Bitcoin having infiltrated the global elite. Though that is, imo, too monolithic a term, which is why we are seeing regulation and demonization at the other end of the spectrum, ie. pushback by the parts of the owning and governing class that have not yet aligned their interests with Bitcoin.

I do agree that the slow descend towards further and further centralization is a concerning one (ie. the step from cex to etfs) but to be honest in that case it's on us to steward and promote self-custody over complacency.

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Quote from: barto123 on April 10, 2024, 05:08:43 PM

Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?

There is clearly a global agenda to gain control of populations, through every possible means. IMO, you have to very ignorant at this point to think otherwise.

Is Bitcoin really freedom money?

As long as there is no central authority that can prevent you from sending your money, we can say that Bitcoin gives you freedom. It is true that it is a freedom restricted by some conditions, but it is still much better than what you will get in the bank and less than what you will get from cash, but cash also has disadvantages that have been solved by Bitcoin. .
Therefore, the role of Bitcoin is complementary and it does not try to replace cash or the bank.

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Quote from: barto123 on April 10, 2024, 05:08:43 PM

There is clearly a global agenda to gain control of populations, through every possible means. IMO, you have to very ignorant at this point to think otherwise.

There have been diverse strategies to control the world population but all of them have been futile. The world is also decentralized with different nations or organizations having different agendas.

Quote

Is Bitcoin really freedom money?

Many people have raised the alarm that institutional investors will make the Bitcoin system centralised. But there is no need to keep worrying when you cannot stop anyone from buying Bitcoin. Bitcoin is the main currency that guarantees freedom for its users this is why there are no restrictions to access or exit the industry. Just as the fall of many exchanges forced people to embrace decentralization, there might be an event that will make people know that not your keys, not your coins.

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Quote from: barto123 on April 10, 2024, 05:08:43 PM

Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?

There is clearly a global agenda to gain control of populations, through every possible means. IMO, you have to very ignorant at this point to think otherwise.

Is Bitcoin really freedom money?

It's true that bitcoin is beginning to move from its initial purpose as a means of payments to more like an investment purposes.

But that doesn't change the fact about bitcoin that it's the decentralised system has made it stand out to be a freedom currency, where no age limit restrictions, no background restrictions etc everyone all over the whole world has the right to hold as much as they can depending on your capabilities or financial status.

It's also clear that their has been an effort to have control over bitcoin by this whales but no matter the effort they haven't succeeded in any of the means that was developed. So it's still the freedom money you knew it for and nothing has changed.

AVE5

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We're surrounded with personal interests where the governments wants to take control over anything that's of profitable treasures meanwhile when the path hasn't been so meansini, everyone plays ignorant towards it but once it has gained shape of benefits, there booms the authorities crawling to take control over it.
The dominance and potentials of bitcoin has really become a magnetic attractions to the authorities which they're of any means wanting to take control about.

Oh yes, bitcoin is a freedom currency of being beyond control of the authorities in as much as it's a decentralized and non custodian digital currency.
There had been no effort any governments sector has contributed to initiate or developing of bitcoin to say they're eligible to have control access to it but as much they don't, then the system is basically a freedom and independent currency.

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Quote from: barto123 on April 10, 2024, 05:08:43 PM

Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?

There is clearly a global agenda to gain control of populations, through every possible means. IMO, you have to very ignorant at this point to think otherwise.

Those who are in it are elite people who know the potential of Bitcoin in the future. They moved more quickly to save their wealth wisely in facing economic challenges.
They can do a lot with the money they have, but we can also do with the money we have.

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Is Bitcoin really freedom money?

In my opinion, Bitcoin is a currency of freedom because only the owner is in control and has full rights over Bitcoin ownership.

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Quote from: davis196 on April 11, 2024, 01:00:08 AM

Well, can you stop the rich people and institutional investors from buying BTC? The obvious answer is no.

In fact, you shouldn't be able to stop any person on this planet from buying BTC.
My post is not just a fancy "bitcoin for the masses" post. What I mean is, one of the major problems in the current financial system that we live in, is the fact that money isn't accessible to everyone. Yes, most people have access to a bank, but banks don't operate the same way throughout the whole planet. It's different to own a savings account in Sweden, than in Pakistan, than in China, or in Canada. Bitcoin, on the hand, works the same, wherever you are.

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Quote from: barto123 on April 10, 2024, 05:08:43 PM

Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?

There is clearly a global agenda to gain control of populations, through every possible means. IMO, you have to very ignorant at this point to think otherwise.

Is Bitcoin really freedom money?

Well, can you stop the rich people and institutional investors from buying BTC? The obvious answer is no.
Every innovative financial asset, that gains global recognition will sooner or later be "infiltrated by the global elite".
I think that one part of the global elite hates Bitcoin/crypto(like Warren Buffet and Jamie Dimon), while the other part of the global elite is more open about new stuff. If you are so butthurt that Bitcoin is being "infiltrated by the global elite" then just don't use it and stick to Monero.

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For me and for many people, yes, Bitcoin is the money of freedom. Even if the elite of the rich controlled large amounts of Bitcoin and manipulated the market, this would not change the Bitcoin revolution, which brought about a lot of change in our lives for the better.

Every great cultural invention is controlled by the wealthy elite and later monopolized, but even with the little that remains, there is great benefit for all those who are looking for opportunities to change their lives for the better, and those who realized this early were the biggest beneficiaries.

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Why are you even doubting bitcoin just because some institutions now own it? Bitcoin is still PoW, not PoS. And take note that this is a huge inevitability; if you're bullish on bitcoin, it's inevitable that institutions will also own it.

Remember, bitcoin is for your friends and for your enemies.

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Bitcoin is freedom money, anyone can invest no matter which social hierarchy you're from, you've got the right to buy it, the reason why you think that it's becoming like this is the infiltration of institutional investors which have been the fault of us retail investors anyway, we all wanted to make a profit and let bitcoin grow in value, it was supposed to be just the magic Internet money but we decided against it and we considered it an investment. I don't think that they have any power in the system anyway, if they try and manipulate the market, a lot of us already knows what to do and it's not like we're going down without a fight if they've invested a lot of money to buy more bitcoins, we can slowly accumulate our own bitcoins too and it's not like we're going to be losing a lot, those that are trading futures might lose but the hodlers won't fall easily, depending on how brave you are against sudden price crashes and the allure of panic selling, you probably won't worry about how these global elites are invested in bitcoin.

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Quote from: thecodebear on April 10, 2024, 09:07:16 PM

Quote from: barto123 on April 10, 2024, 05:08:43 PM

Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?

There is clearly a global agenda to gain control of populations, through every possible means. IMO, you have to very ignorant at this point to think otherwise.

Is Bitcoin really freedom money?

lolllll people love their conspiracy theories these days hahaha

It may sound very out of pocket but it's not a bad thing to have certain unhinged views like these since the chances of it happening isn't completely zero.

I find these hypotheticals to be very entertaining as they open up to new perspectives (as long as it's not some bold claim like the earth is flat) and to see what type of information they'd use to back up their claims are also very intriguing too lol.

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Quote from: barto123 on April 10, 2024, 05:08:43 PM

Is Bitcoin really freedom money?

I personally see BTC as simple, BTC is one of the investment choices that visually the concept is finally able to give us benefits if done patiently and able to encourage financial freedom in the end. On the other hand, BTC is indeed one of the attractive investment options, both the public in general and the global elite in particular especially with the presence of blockchain technology innovations like today, then another point of view there is also great profit potential if you invest in it, but this will also not run away from the basic concept. The concept is free money, free from the control of any third party and is still relevant in my opinion.

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