How do you feel about the negative reputation of the bitcoin currency? - page 8.

dothebeats

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Quote from: codishmumu on October 07, 2015, 10:04:57 AM

Quote from: dothebeats on October 07, 2015, 09:59:47 AM

Meh, we enjoy freedom and privacy, but the 3 billion-dollar question is, do the governments, banks, and the media respect it? No, no they don't. As long as they can get something into their pockets, they don't care what reputation they might damage just to get their goals. And do they think that bitcoin is the only money that is tainted with illegal activities? They're just blinded because fiat has a lot to offer to them, and has a lot of potential to make them rich.

My thoughts? Illegal activities are diverted towards bitcoin and is stressed upon while the wrong-doings in fiat is just ignored by the masses because of the governments, banks, and the media.

There's little we can do until we find a perfect outlet to make the currency look 100% innocent.

As long as it's related with money and has value, it will never be fully clean because it can always be a medium for illegal activities and the likes.

n2004al

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I am indifferent about this opinion. Have no reaction in me because I know bitcoin as needed to know and understand that this epithet is untrue. Then I try to understand to whom have such opinion that him has wrong. If the discussion make sense (so if the other have interests to known and understand the true) I continue to discuss until the moment on which I understand that is in vain to go further. It is not my problem if I arrive results with my explanations. I have my bitcoins. The other part not. If will understand the right the other part will try to have those and I have arrive my aim. If not the other will not have bitcoin and this is his problem.

codishmumu

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Quote from: dothebeats on October 07, 2015, 09:59:47 AM

Meh, we enjoy freedom and privacy, but the 3 billion-dollar question is, do the governments, banks, and the media respect it? No, no they don't. As long as they can get something into their pockets, they don't care what reputation they might damage just to get their goals. And do they think that bitcoin is the only money that is tainted with illegal activities? They're just blinded because fiat has a lot to offer to them, and has a lot of potential to make them rich.

My thoughts? Illegal activities are diverted towards bitcoin and is stressed upon while the wrong-doings in fiat is just ignored by the masses because of the governments, banks, and the media.

There's little we can do until we find a perfect outlet to make the currency look 100% innocent.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Meh, we enjoy freedom and privacy, but the 3 billion-dollar question is, do the governments, banks, and the media respect it? No, no they don't. As long as they can get something into their pockets, they don't care what reputation they might damage just to get their goals. And do they think that bitcoin is the only money that is tainted with illegal activities? They're just blinded because fiat has a lot to offer to them, and has a lot of potential to make them rich.

My thoughts? Illegal activities are diverted towards bitcoin and is stressed upon while the wrong-doings in fiat is just ignored by the masses because of the governments, banks, and the media.

codishmumu

member

Activity: 112

Merit: 10

Quote from: RodeoX on October 07, 2015, 09:29:16 AM

Bitcoin is just money, and money always attracts the greedy and a criminal element. There is nothing special or different with bitcoin. You must pay taxes on bitcoin earnings or face the same penalties as any tax cheat.
That's how I see it as an American. However if I lived in a shitty dictatorship I would see bitcoin as a way to get justice by evading the government. If i lived in a totalitarian country I would see bitcoin as a financial liberator. Bitcoin is not a tool to judge social benefit or make a moral statement. It is just money.

That's a great commentary, but I think you're missing the point of my post.

RodeoX

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The revolution will be monetized!

Bitcoin is just money, and money always attracts the greedy and a criminal element. There is nothing special or different with bitcoin. You must pay taxes on bitcoin earnings or face the same penalties as any tax cheat.
That's how I see it as an American. However if I lived in a shitty dictatorship I would see bitcoin as a way to get justice by evading the government. If i lived in a totalitarian country I would see bitcoin as a financial liberator. Bitcoin is not a tool to judge social benefit or make a moral statement. It is just money.

codishmumu

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As I'm sure you all know, Bitcoin is a currency that allows users to make money or send money anonymously, with little to no concern of the government taxing your hard earnings, and not being able to know what a trade is revolved around. Bitcoin as of now has a reputation of being a dangerous asset to the world of illegal transaction (theft, scams, and overall illegal activity). There has been proof that bitcoins and other currencies similar such as altcoin and so on have been continuously tied to illegal activity.

My concern as an interested participant in the act to make this currency a well occupied currency is being threatened and truly compromised by people who still to this day sell and purchase illegal substances, and services. I constantly read people's trust commentary pages on how some users are "pedophiles" or sell stolen property. My only wish is that we get our acts together as adults, and prove to society that we are not criminals. We are just people that enjoy our privacy, enjoy being what we want, and enjoy freedom. Thank you.

Your thoughts?

Topic: How do you feel about the negative reputation of the bitcoin currency? - page 8. (Read 5987 times)