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Topic: Is Bitcoin for the people or for the corporations? - page 5. (Read 3088 times)

copper member
Activity: 210
Merit: 1
Of course,bitcoin is for the people.It is not created to be used by corporations alone.If traditional currency is used by people,it means bitcoin is meant for people as well.
Similarly, if people can purchase goods and service online with dollars,it means bitcoin can be used to purchase goods and service online.
On the other hand,people have been subjected to various inhuman degrading treatment whenever they want to send money depending on the countries they are leaving in.Sometimes, they are subjected to stress,unnecessary delay  and  credit fraud.
So,bitcoin is for the people,and it is created to ensure financial freedom of everyone. It is created to liberate people from every form of financial slavery and exploration prevalent in some of the financial institutions.
Finally ,bitcoin is for the people.
member
Activity: 574
Merit: 11
I think bitcoin is intended for everyone, because everyone can have bitcoin. As long as the person has money and wants to exchange money for a bitcoin market or cryptocurrency exchanger, I think everyone is free to have it.
full member
Activity: 798
Merit: 100
Bitcoin is not limited to people or companies can use bitcoin if they want. this is something that might often raise questions but believe me now that many individuals use bitcoin to become an asset
newbie
Activity: 64
Merit: 0
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 a public blockchain and it is originally created for the people. This will last forever. However, when bitcoin gets massive adoption, it gets institutional attention as well.
sr. member
Activity: 700
Merit: 250
Bitcoin has its own meaning for each person. And each person uses Bitcoin for their own purposes. There is no bad and good.

every bitcoin development does have meaning both for everyone and for the company. because bitcoin is placed anywhere it certainly can. so either the company or individual is very profitable.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
To my opinion Bitcoin is at first for the individuals, to have some decentralized, idependent system from the banks. But corporations are also very welcomed and I think that businesses, especially some small private companies are willing to accept Bitcoin and cryptocurrencies and general.  Both individuals and companies can find their interest and use of Bitcoin.
sr. member
Activity: 1400
Merit: 347
For the corporations.

Lets face it: people dont want a currency that drops 90% in value from one year to the other.

Also, terms like "bull market" and "bear market" points out that bitcoin is a speculative asset. It can only be used as a store of value, not as a currency.

Most people dont store value in anything. They just spend all the money they receive, and a lot are in debt as well.

jr. member
Activity: 350
Merit: 2
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 people because bitcoin can help in one nation or etc.so that we should share it to other people so that they can also improve and change their life's.
sr. member
Activity: 700
Merit: 252
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?
in my opinion, bitcoin holders cannot be sure that individuals or companies depend on how to manage those large-scale bitcoins for companies and maybe small-scale individuals
member
Activity: 588
Merit: 10
Minter
Bitcoin has its own meaning for each person. And each person uses Bitcoin for their own purposes. There is no bad and good.
newbie
Activity: 9
Merit: 0
well, I think its for both, people and corporation both can use it..people can use it for consumption purpose while corporations and other business can use it as investment as we can see the fluctuate price of it and corporations can also use it for dividends..
member
Activity: 420
Merit: 13
Silence
WOuld you tell us whats this financial institutions tooking over the bitcoin?you can still purchase and sell cryptocurrency right?so whats about that?i believe that is still a freedom and nothing can deny us from doing such.
As long as we can still have our own cryptocurrency that means we are free and can use this market anytime we wanted or needed to be
Yes I also dont get his point here, everyone has a freedom even those big financial institutions because they are also people that can buy as much as they can if they want.
sr. member
Activity: 1022
Merit: 256
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. That is the primary sense. However, there are prevailing systems in our society that Bitcoin cannot address. Indeed, Bitcoin is for financial freedom. There is real ownership in Bitcoin, in contrast to our fiat system. However, there is always the presence of inequality in this world. The rich can always excel more than the poor when they are really willing to use their money. Bitcoin is for everyone and yet the rich could buy a thousand fold what the poor can only afford.
full member
Activity: 444
Merit: 101
I've said for sometime now that IMO, a major setback for bitcoin is the inability to maintain its intended usecase.  Fact is, bitcoin is so much more about being a store of value today more than the many other benefits of a crypto currency.   It is also inevitable that financial institutions will become interested in crypto and subsequently (as they are now) try to get a foothold.   I think most MNC's and governments fully understand and appreciate the concept and benefits of blockchain tech, as such there is no point to resit their interest or investment in crypto.  It is the manipulation that comes with it that worries me.
sr. member
Activity: 826
Merit: 265
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?
WOuld you tell us whats this financial institutions tooking over the bitcoin?you can still purchase and sell cryptocurrency right?so whats about that?i believe that is still a freedom and nothing can deny us from doing such.
As long as we can still have our own cryptocurrency that means we are free and can use this market anytime we wanted or needed to be
full member
Activity: 459
Merit: 104
I would say that every one in this world is smart. Thus if bitcoin is good for people why wouldn't be bitcoin good for corporations? Corporations are smarter than people (a corporation is the inteligence of many people) thus bitcoin is good for corporations.  Bitcoin is the future of the money, it will give freedom and peace to the world.
full member
Activity: 434
Merit: 101
Bitcoin is good for every one not for single individual it is important for corporations and i like it because through which we can contact with corporations and it will good for every one who needs to make an online payment for a contract to multinational corporations.
newbie
Activity: 14
Merit: 0
Bitcoin to other cryptocurrenices are designed for a particular objective. They are fully decentralized and not require to follow some dull procedure for making use of it. Anyone can use it making use of bitcoin depends upon what kind purpose you hold.
sr. member
Activity: 560
Merit: 250
Bitcoin does not keep going on the pathway which was desribed ten years ago. Since the profile and aims of bitcoiners has been changing and companies start to involved, so many things have already changed but bitcoin on its way to achieve its main purposes. I don't think integration of companies and  their payment systems are unacceptable. Sorry but we can't chage everything we want.
copper member
Activity: 299
Merit: 1
Bitcoin created by a person for the people and its run by the people hope you know that bitcoin is not governed by any body
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