Is Bitcoin for the people or for the corporations? - page 12.

javadsalehi

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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?

Do you mean that financial institutions have invested in bitcoin?
What's the problem if bitcoin is more adopted? Every person, company or institution are welcome. Bitcoin belongs to every one. This is the benefit of decentalization. No one is banned.

If you mean bitcoin is controlled by some institutions, you are wrong. That's impossible.

Don't worry and enjoy the world of cryptocurrencies.

kamBlanV

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Bcnex - The Ultimate Blockchain Trading Platform

we are not worried, even we are happy, because we can take profit when bitcoin is adopted by large companies, such as Microsoft and Samsung.

and basically, Bitcoin for everyone. not only for large companies.

sinkfish

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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?

simply because the targeted market are not accepting crypto as an alternative to fiat. poor and not-informed people dont even care about the differences of crypto and fiat. at the end, it taken up by big whales and institution. rebrand it and sell it to the masses. all trend starts when a group of people with enough money. poor people will just follow whatever given to them.

Dana-pasar

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from the beginning bitcoin is for people, but over time, because bitcoin is very potential to be developed again, many companies want to accommodate bitcoin because of their knowledge of bitcoin which is very profitable

giantrobot

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Bitcoin was created for use in the 4.0 technology, Blockchain technology. So it targets all users.
However, Bitcoin has not been legalized in some countries. So widespread use is difficult.
Bitcoin will have a bright future, so companies have invested heavily in it and hope to be rich later on thanks to it.

smile1218

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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 for the people who believes in it. We all know that there are companies who wants to take advantage of the crypto currencies but i think there just a few because no company will risk their capital in a high risk investments specially of their operation has a higher expectation in the returns.

abhi777

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Quote from: nazaididuan1 on November 13, 2018, 06:41:22 AM

BTC can be used by any individual or organization!
The biggest difference between Bitcoin and other virtual currencies is that their total quantity is very limited and extremely scarce.
People firmly believe that holding BTC will change the present life!

I think bitcoin is good for individuals and groups. there are many people who have just played and have had a long time or experience. all also have the same goal to gain profit. and many people hold bitcoin.

lyks15

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On my own opinion bitcoin is for every one. Both people and corporations can have or can use bitcoin. Bitcoin can use in many aspects. In corporations I think they are more to stock as an one of their assets. They are also hoping for a good investment. But in terms of uses and function of bitcoin to people has more benefits. As a busuness investment people will have an opportunity to earn more than other business depends on what strategies that people have. Also in the mode of payment,people can use bitcois as easy and less hassle payment in every transactions that they do for more convenient transactions.

sukoyomi

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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 for everyone who can understand and use it with digital currencies. until now there has been no prohibition for us to buy bitcoin. it's true that many companies are currently interested in crypto currencies, in my opinion it will be better for the future

meanwords

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Bitcoin is really meant as a way of payment for the people. Although its price has increased and demands also, anyone can use it in any way that they can. It is not just for corporations, it is for everyone, especially to those who believe in it.

burky156

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I think the bitcoin is for people and the corporations, for everyone.. Ofcourse you have to know how to use, how to evaluate and how to safe it. I am using the bitcoin beause it is good, safe and easy for me. Those corporations and companies which use bitcoin they have same answers. Ofcourse there are many companies that they don't use it because they can't have any benefits of it.

asayoyaasa

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At the market we can see little trader and big trader, both of them have one purpose, at least they get profit from the trade. Don't worry if you just have little amount, if you can control your money management that not be the problem.

nazaididuan1

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Activity: 350

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BTC can be used by any individual or organization!
The biggest difference between Bitcoin and other virtual currencies is that their total quantity is very limited and extremely scarce.
People firmly believe that holding BTC will change the present life!

ambisyon

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Activity: 322

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In my opinion, I believe that btc is for both people and corporations that believe in the capability of btc and it's application to their business ventures. In most of the case, btc cryptocurrency is well adopted by many people in terms of day trading, short term and long term investment. I believe that btc becomes more popular to the people probably because it can offer profitability with respect to investment and convenient when doing payment transactions.

olubams

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I want to believe that behind the corporations are the people who call the shots and make investment decisions on behalf of the corporations who would eventually be the ones receiving the benefit of such decisions should it turns out to be a profitable one. Which means, whether as individuals or hiding under the veil of incorporations, its still about the people which is what bitcoin was made for. The concern is always arising from the point of control or manipulations which is easier to be done on the basis of corporations compared to individuals.

bitfocus

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more and more corporations are investing these days, but Bitcoin is actually being used more by individuals than corporations, so no worries.

wongdeso

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Many are using bitcoin but for personal reasons, because bitcoin does have more value and benefits for us to have.
Even if this organization will use a personal account and be held by someone.

Twentyonepaylots

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Quote from: Haunebu on November 13, 2018, 01:01:23 AM

Are you serious op? This is a dumb question. It is obvious to everyone in the cryptocurrency world that Satoshi Nakomoto developed Bitcoin for the masses so that they can conduct financial transactions online without any sort of interference by the authorities.

Anyone with basic knowledge about Bitcoin understands this much. The primary reason why anyone decide to invest into this market in the first place is to earn profits without any outside interference in an anonymous manner.

This is how I got enticed by Bitcoin and decided to invest into this market and earned substantial profits without any sort of outside hassles.

We have different interpretation on the market after it was open to all, Crypto currency market is Decentralized system in the market using digital transaction, we have now a lot of Big investors as posted in the market but again i see this positive reaction where crypto market activity has become more interesting as ever, Would you not consider your self as investors of Bitcoin whom become so popular and slowly gaining momentum on the possible Bull Run in the near future.

BagzMM

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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.

Yes i do agree on your statement, it means that bitcoin caters a lot of people and as well as companies. Let us as just hope for the positive usage anywhere.

talkbitcoin

legendary

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All I know is that I know nothing.

sometimes reading these topics i feel like some people are trying so hard to come up with some arbitrary question to ask here so that they have asked something. possibly to increase post count!

Topic: Is Bitcoin for the people or for the corporations? - page 12. (Read 3088 times)