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Topic: Is Bitcoin(decentralization) the end for utopia? - page 2. (Read 244 times)

sr. member
Activity: 812
Merit: 315
It sounds cool to get funds out of the control of the government, Bitcoin makes this possible and many people are in support, but the majority of people are still behaving like a zombie when they heard about Bitcoin and its capability, they want the government to tell them to get involve or not.

Many people know what advantages comes from having Bitcoin as their store of value, they don't want to get involved still, because the government said its bad and unsafe, I hope this changes as time went by.
hero member
Activity: 2870
Merit: 594
Is Bitcoin the final form for humanity?
Decentralization has long been dreamed by all different social models, is there another step to be taken?
Can humanity (humans) learn to hang on and manage their finances?
Or is Bitcoin an experiment to show that we're not capable of managing our own belongings and do require central authority?
Again, not really sure why we equate bitcoin with humanity and all of it's problem and what not. As much as we think that it will take over the world, no, not going to happen. We still have the central banks and fiat like the USD which will still be here.

Crypto and bitcoin is just another alternative. And as we can see, governments are trying to curb it out as early as this year. When bitcoin is still in it's infancy (10+ years of existence). Of course we can used it to make profits and maybe live a good life, but that's it though.
hero member
Activity: 714
Merit: 521
PredX - AI-Powered Prediction Market
Is Bitcoin the final form for humanity?

Final form in terms of digital currency and technology development or what? If that's where you're heading to, we only have bitcoin today and don't know or see any other advanced technology outside the use of digital currency with blockchain technology for now, but maybe in generations to come, something more different may come but for now we have bitcoin to embrace for the present and future base on what we are having.

Decentralization has long been dreamed by all different social models, is there another step to be taken?
Can humanity (humans) learn to hang on and manage their finances?

Anything you could want to understand more about in this aspect has to be with bitcoin, i have to advise you to learn about bitcoin and understand it first.

Or is Bitcoin an experiment to show that we're not capable of managing our own belongings and do require central authority?

Bitcoin has gone beyond the imagination of being an experimental digital currency, it's real, valid and acceptable, it's a legal means of making payments, transactions, and also serves as legal tender where it has been adopted for such use, bitcoin is a digital currency.
legendary
Activity: 2954
Merit: 1153
Is Bitcoin the final form for humanity?

No, Bitcoin is just a history of humanity, humanity will experience and pass the era of Bitcoin when it found a better form of technology.  The world is everchanging, just when people thought that going to space is impossible, your thought of Bitcoin as the final for for humanity is answerable by no.

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Decentralization has long been dreamed by all different social models, is there another step to be taken?

And it will be stay as a dream until people don't need government to centralized all things.

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Can humanity (humans) learn to hang on and manage their finances?

Humans are capable of learning, there are already people who are capable of managing their finances.  There are even lectures and books and how to do that.  I do not know why you think human are incapable of such, the world is to huge, we have to look out of our window in order to see some of them better yet to explore the vastness of the world.

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Or is Bitcoin an experiment to show that we're not capable of managing our own belongings and do require central authority?

I do not know what are you trying to convey here, there are people who offer to manage other people's belongings so it means people are capable it is that many are too lazy to do or learn it.


legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Is Bitcoin the final form for humanity?

I don't know what you've smoked before coming up with this question but don't do it again!
If that is the best, the pinnacle of what we humanity can ever think of then we're done for as a species!

Decentralization has long been dreamed by all different social models, is there another step to be taken?

Not by all and decentralization doesn't work in everything, just look around you and see if you would love to have decentralized everything, start with every cop doing independently his job, every bus driver having his own schedule and deciding his own route, every school teaching whatever they want, every hospital deciding on its own treatments with no regulation, very street having its own mayor, and you could go on like this indefinitely. It will not be a miracle it will be chaos and you can see it happening everywhere it has been tried.

So many bitcoiners all around the world are managing their finances easily with BTC, all you need to do is use a self custody wallet, and if you control your keys, you control and manage your funds.

There are just 6 million addresses with a balance of over $1000, let's go way lower,  $100, that would be 16 million at maximum, probably way less by at least 1/5 since a lot of users have funds in multiple addresses.
So, we either agree that less than 0.1% of the world owns Bitcoin, or....that the majority still hold their coins on centralized platforms.
hero member
Activity: 854
Merit: 1031
Can humanity (humans) learn to hang on and manage their finances?
Or is Bitcoin an experiment to show that we're not capable of managing our own belongings and do require central authority?
So many bitcoiners all around the world are managing their finances easily with BTC, all you need to do is use a self custody wallet, and if you control your keys, you control and manage your funds.

BTC is not an experiment, maybe it was when it was newly created, but now it is clearly the only true decentralized, permissionless and censorship resistant currency that people can use with zero need of a central authority.
hero member
Activity: 812
Merit: 636
Leading Crypto Sports Betting & Casino Platform
The world is revolving, decades ago, who ever thought that something like Bitcoin could penetrate the mainstream of the financial world the way it did? A lot of revolution has taken place in the financial system from the inception of trades and settlements, the decentralized system might still not be the end. Government are still issues here, it might not take too long for them to take their final stance on this.

And yes, I believe the world is still experiencing, more developments are still yet to come.
newbie
Activity: 7
Merit: 1
Is Bitcoin the final form for humanity?
Decentralization has long been dreamed by all different social models, is there another step to be taken?
Can humanity (humans) learn to hang on and manage their finances?
Or is Bitcoin an experiment to show that we're not capable of managing our own belongings and do require central authority?
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