Is Bitcoin for the people or for the corporations? - page 10.

yndye

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Activity: 616

Merit: 262

Quote from: JealousCup on November 12, 2018, 07:06:50 PM

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

It is for everyone however, we can still see the huge gap between those retail investors/traders compared to corporations because they have funds so if ever there are opportunities, the corporations or those what we call whales are the one who wold benefit the most. You can still take advantage of it by thinking like the whales in which you would see some signs as to what their next move will be so that you can ride with their trades.

bolbau

full member

Activity: 574

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if you see from my experience in the cryptocurrency industry. my answer is crypto for every people, I'm not saying that corporations don't take part in the existence of this industry, but what I want to emphasize is that even if you are not affiliated with a corporation or someone else, you can still join cryptocurrency. independence is one aspect that makes me like cryptocurrency. any form of collaboration that occurs, such as the ICO project, does not bind and force each individual, this is very interesting.

Stac

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Bitcoin is originated by Satoshi Nakamoto in the year 2009 for the benefit of the global community to use for their daily requirements.He intends to provide a strong currency which can be operated world wide. The invention of bitcoin is one of the greatest finding in this century which can change the face of the global economical concepts so far we follows .It is revolutionizing the present concept of economy in which we follows at present. Bitcoin has a strong net work systems linked with the modern technology.But the modern technology is not familiar to the majority of the global community except the younger generation people.Bitcoins features are very attractive to the global investors and hence its popularity is wide spreading world wide. Bitcoin has introduced the block chain technology which ensures the security systems in tact.So the global community could achieve a corruption free record maintaining systems which paves the path for the global developments.

JealousCup

newbie

Activity: 28

Merit: 1

Quote from: cxmyifan16 on November 15, 2018, 06:07:17 PM

I think that now it is more for corporations but in the future everyone will be able to use it successfully. To my mind, you can use btc as the payment method now because it is very effective and to my mind you will be able to benefit from it

I can't be that optimistic when I know that central banks will eventually get involved and next thing you know, the system collapses.
I think that we should have a system that's free of control of governments and big corporations.

princeyeboah

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Activity: 714

Merit: 14

Bitcoin is for everyone and corporations as well. As a form of currency, it is intended to be used by all in the purchase of goods and services both online and offline. Although its investment requires adequate knowledge and study of the crypto market, utilizing Bitcoin as a form of currency is meant for everyone.

donadoni212

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Borderless Mobile Finance Marketplace

Quote from: cherryganda on November 15, 2018, 09:18:06 AM

Bitcoin is designed and created for every people in this world.
The intention is for the people gain the control in the currency.
The demand will give the price to the token.

yes, indeed bitcoin was created for anyone. rich, poor people if they are able to buy then they have the right to have bitcoin. I'm just reminded that when you hold bitcoin you also have to be patient in facing up and down values in the market.

aioc

hero member

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Quote from: JealousCup on November 12, 2018, 07:06:50 PM

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

We cannot do anything about it, Bitcoin is a transaction system, it will eventually adapt to big companies and institution, we have to think big and move forward part of Bitcoin's development is for it to be used by big companies like Amazon I think we should be happy that people and companies are now looking at this technology.

JealousCup

newbie

Activity: 28

Merit: 1

Quote from: ClassyDancer on November 15, 2018, 07:30:24 PM

Bitcoin and other cryptos are for everyone. Businesses and organizations are now exploring crypto because they’re simple responding to the current situation. Everyone uses cash, right? So if the majority starts using crypto, the others will follow suit. Everyone can benefit from the advantages of using a digital currency –so it’s not exclusive to a particular sector.

But don't you fear that we'll no longer have the freedom to use our money without the risk of being tracked?

JealousCup

newbie

Activity: 28

Merit: 1

Quote from: BennyK on November 12, 2018, 07:17:51 PM

Bitcoin was largely created to serve as a currency which will facilitate easy payments and also enhance the payment systems of businesses, companies, institutions. If it is now being taken by these big corporations, it means a Bitcoin is still on track and achieving its purpose. More companies will soon integrate it into their payments once there is a competition set between the companies using Bitcoin and the non-using companies.

But you do realize that with corporations integrating cryptocurrencies in their system, it'll be just like the fiduciary currencies we're now using. So what's the point of creating a new type of currency?

Aramazdi

newbie

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Quote from: JealousCup on November 12, 2018, 07:06:50 PM

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

bitcoin is only a currency, so the circulation occurs for big money owners because we can see that the prices that occur now are very high, bitcoin is not taken over by large companies or big investors but will continue to spin in the hands of traders or dominate so we don't be pessimistic, there are no controls or no interference from any country.

ClassyDancer

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Activity: 126

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Bitcoin and other cryptos are for everyone. Businesses and organizations are now exploring crypto because they’re simple responding to the current situation. Everyone uses cash, right? So if the majority starts using crypto, the others will follow suit. Everyone can benefit from the advantages of using a digital currency –so it’s not exclusive to a particular sector.

Riingdian

newbie

Activity: 30

Merit: 0

Bitcoin is for everyone regardless of whether it is an individual or an organization as long as they wish to be able to make a profit from the investment.

cxmyifan16

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The Premier Digital Asset Management Ecosystem

I think that now it is more for corporations but in the future everyone will be able to use it successfully. To my mind, you can use btc as the payment method now because it is very effective and to my mind you will be able to benefit from it

leetcoiner

sr. member

Activity: 1056

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Quote from: JealousCup on November 12, 2018, 07:06:50 PM

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

When it was said that bitcoin was meant for people by a particular owner, and what advantages this crypto provides in comparison with the Fiat currency system familiar to us. First of all, it is the transparency and anonymity of transactions throughout the chain. It is the absence of these properties in the classical market that allows corruption and fraudulent operations to exist.

JealousCup

newbie

Activity: 28

Merit: 1

Quote from: gamechangers on November 15, 2018, 03:55:26 PM

Cryptocurrency didn't come out as a source of financial freedom. It came as a means to provide solutions to everywhere the commercial banks have failed us. Therefore bitcoin is for everyone as its a medium of transactions.

Regular money is also a medium of payment for everyone yet it's controlled by central banks which have always created the conditions for commercial banks to fails us. While I do think the crypto-currency system needs a bit of regulation, I would not want it to be taken over by the wrong folks.

JealousCup

newbie

Activity: 28

Merit: 1

Quote from: resty on November 12, 2018, 08:56:14 PM

Money back or return for bitcoin organizer is not necessary because Bitcoin Crypto currency Platform obviously is for the people for every one of us and of course we do ourselves to keep it better. however it is a big advantage to Corporation or to the people have a lot of capital to invest because they will live in a wealthy Lifestyle since Birth, So for us being as an ordinary person we keep our best to do in some other aspect to generate income even without capital or even a little capital of bitcoin. we try our best!

Are you actually excited by the fact that large financial institutions will ride the crypto wave after messing up the global financial system back in 2008? You do realize that this new trend might mess up the system for the little guy?

k-n-i-f-e

newbie

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Merit: 0

It's for the people; it was and still is experimental but no doubt it sparked a revolution.

socksserver3

member

Activity: 392

Merit: 10

To my mind, btc is for both people and businesses. To my mind, btc is a great way to earn good money. To my mind, it is better to use it for the long-term investment because its price must rise soon

gamechangers

member

Activity: 392

Merit: 10

Cryptocurrency didn't come out as a source of financial freedom. It came as a means to provide solutions to everywhere the commercial banks have failed us. Therefore bitcoin is for everyone as its a medium of transactions.

maianh09

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Quote from: Abal Abal on November 15, 2018, 12:34:52 PM

Quote from: JealousCup on November 12, 2018, 07:06:50 PM

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

bitcoin is still the same as it used to be, it still remains for people, even though in fact big financial companies dominate, we can still take part in the games they do.

Bitcoin may be moving more and more to big companies, but individuals can easily own it through exchanges like Binance, Okex, Bitfinex. Bitcoin's general practice demonstrates that everyone can own it and use it.

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