why are you sure the bitcoin will be make economic freedom? - page 3.

posi

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Quote from: Best Dreams on March 02, 2019, 05:38:16 AM

Quote from: efxtrader on February 28, 2019, 03:29:24 AM

Quote from: davis196 on February 28, 2019, 01:27:30 AM

Quote from: amrulshare on January 13, 2019, 03:16:58 AM

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

To be honest,I'm not sure about this.Bitcoin will continue to be controlled by a minority of crypto whales and miners that will continue to dictate the price and make more money out of the naive noobs.
However,economic freedom has little to do with the currency you are using.

We can make our own economic freedom by holding bitcoin. If a minority whales control the supply, i am believe the price must be rising and we have a chance to make profits

We will make profit by not supporting those whales but try to make sure no whale take away your profit for misleading you by your emotions, we are making profit but it is just gonna take a few months, crypto currency is independent so it gives more opportunities to holders as price will increase and selling at green will make your economically strong along with financial freedom.

Bitcoin price will surge with or without the whales but it will take time and concerning the issue of supporting the whales. The best thing every crypto trader or investor can do is to make the best out of every trend the market pose cause the act of not supporting the whales will lead to losses and like the saying "it better to join the race than get run over".

Regarding the OP question, people are tired of the government failure and they have seen the impact of Bitcoin in the life of some cryptoneir this make them believe Bitcoin has the key to economic freedom cause what they need is testimony not empty promises.

cizatext

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The anonymity of the cryptocurrency currency does not replace the total control of the economy by some institutions and the latest development in the cryptocurrency world e.g the regulations of some coins and exchange will not allow the total independence of the crypto industry and at that economic freedom will not be guaranteed.

Best Dreams

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Quote from: efxtrader on February 28, 2019, 03:29:24 AM

Quote from: davis196 on February 28, 2019, 01:27:30 AM

Quote from: amrulshare on January 13, 2019, 03:16:58 AM

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

To be honest,I'm not sure about this.Bitcoin will continue to be controlled by a minority of crypto whales and miners that will continue to dictate the price and make more money out of the naive noobs.
However,economic freedom has little to do with the currency you are using.

We can make our own economic freedom by holding bitcoin. If a minority whales control the supply, i am believe the price must be rising and we have a chance to make profits

We will make profit by not supporting those whales but try to make sure no whale take away your profit for misleading you by your emotions, we are making profit but it is just gonna take a few months, crypto currency is independent so it gives more opportunities to holders as price will increase and selling at green will make your economically strong along with financial freedom.

qwertyup23

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Quote from: amrulshare on January 13, 2019, 03:16:58 AM

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

The blockchain technology is a decentralized system wherein all transactions are reflected in a public ledger where everyone can access and see it. Furthermore, no one in the system is allowed to fake or change the transaction history as it will be corrected by other users in the blockchain. Cryptocurrency exchanges do not control bitcoin, as from the name itself, they are only a means of converting/purchasing bitcoins or other alternative coins.

Your argument that bitcoin can replace traditional financial institutions is impossible currently as the economic is divided between first and third world countries. Adapting to this kind of change can significantly damage world trade, transactions, and payment from all over the world.

Quote from: poldanmig on March 01, 2019, 03:41:16 AM

Quote from: nur rochid on January 13, 2019, 03:23:40 AM

see the future of bitcoin is bright, I think if we start now, with users who are still minimal, then later if a lot of bitcoin is needed by many people, of course the price will soar and we will get a lot of profit from it

Crypto and bitcoin currencies are specifically created using advances in technology and time and with investor crypto currencies or holders who think for themselves and are fully responsible for our own investments and there is no interference from others and that makes it possible for crypto currencies to create a free economy

The future of bitcoin is rather unknown. Regardless of the number of individuals transacting with bitcoin, if government agencies prohibit the usage, then expect it to become obsolete. Although this may be the case, I doubt that the blockchain technology would cease to exist.

Pattart

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Quote from: sarfield on February 28, 2019, 12:57:31 PM

Bitcoin has provided freedom to manage, and this depends on the holder. The freedom given by bitcoin is quite good, but sometimes it loses to the pope, if you want to be absolutely free, then become a pope so you can play a role in the market. Banks remain a priority when we need fiat from fiat exchanges.

LOL anyone can get freedom in bitcoin, of course with their respective needs. Don't need to be a pope/whales to get decentralization and anonymity from crypto? as long as you use crypto you have got that freedom. regarding the manipulation of the pope, that's a different thing

Lpim01

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Quote from: TheCoinGrabber on March 01, 2019, 09:50:41 AM

The freedom part mostly refer the user's ability to keep his money himself, even keep it away from the government if he chooses to (requires some extra steps). In short you are your own bank.

Of course you kinda lose some of that freedom and anonymity once you use exchanges and banks to cash out and cash in but the ultimate goal for bitcoin was to also not require that anymore by being able to easily to pay directly p2p.

People will take the huge advantage of using bitcoin that is why many will adopt the system.
But all the anonymity we have now will are closely to disappear knowing that mostly all exchanges and transfers have already requires personal identification to proceed.

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Quote from: trader34 on March 01, 2019, 06:53:24 AM

Quote from: amrulshare on January 13, 2019, 03:16:58 AM

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

Freedom is first of all, in my opinion, being the real owner of your money (if you control your private keys) and not having to rely on a third party (like a bank) to use your money. With bitcoin, you can directly send it to any other user in the world, easily and with just a little fee.

Yes, bitcoin wallets serving as the users own bank let's the people go free with the highest security. Relying on a third party to hold our funds is not that bad, but to make use of our own funds we need to request them to provide. Along with the same there needs to be paid several service charges for the same.

TheCoinGrabber

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The freedom part mostly refer the user's ability to keep his money himself, even keep it away from the government if he chooses to (requires some extra steps). In short you are your own bank.

Of course you kinda lose some of that freedom and anonymity once you use exchanges and banks to cash out and cash in but the ultimate goal for bitcoin was to also not require that anymore by being able to easily to pay directly p2p.

trader34

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Quote from: amrulshare on January 13, 2019, 03:16:58 AM

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

Freedom is first of all, in my opinion, being the real owner of your money (if you control your private keys) and not having to rely on a third party (like a bank) to use your money. With bitcoin, you can directly send it to any other user in the world, easily and with just a little fee.

gantez

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Quote from: amrulshare on January 13, 2019, 03:16:58 AM

so this what is called freedom (most people only think they can print money easily and quickly) ?

The freedom is viewed in the aspect of people being able to control their money, no limitation of how much they can have in their portfolio , who they can deal business with and when unlike banks that have some limitation.

poldanmig

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Quote from: nur rochid on January 13, 2019, 03:23:40 AM

see the future of bitcoin is bright, I think if we start now, with users who are still minimal, then later if a lot of bitcoin is needed by many people, of course the price will soar and we will get a lot of profit from it

Crypto and bitcoin currencies are specifically created using advances in technology and time and with investor crypto currencies or holders who think for themselves and are fully responsible for our own investments and there is no interference from others and that makes it possible for crypto currencies to create a free economy

pat4cryptoreal

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In my perspective bitcoin have massively grant financial freedom to people and organization world wide. There is no technology that have enable raising of fund the way it have happened in blockchain world.

rhyoanime

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Quote from: amrulshare on January 13, 2019, 03:16:58 AM

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

of course if the future bitcoin continues to be developed and becomes perfect, then the paper currency or coins will be replaced, why? because bitcoin has a supply and is temporarily limited to paper money, metal can be produced without restrictions.

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Since, each currency differ in value, the outsourcing cost differs. If dollar has a high value then other fiats, certainly other countries have to spent more for any business tied up with US. But, US will keep their economic standard on high where as other countries will have to be depending on US. But whereas if bitcoin is going to be a common currency, every country is going to experience economic freedom as the value of bitcoin will remain the same to everyone.

sarfield

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Bitcoin has provided freedom to manage, and this depends on the holder. The freedom given by bitcoin is quite good, but sometimes it loses to the pope, if you want to be absolutely free, then become a pope so you can play a role in the market. Banks remain a priority when we need fiat from fiat exchanges.

el kaka22

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Because, bitcoin was meant to be the globalization of money, we have dollar that is american money, we have euro that is European countries money, pound for UK and many others, bitcoin would have been the common money for everyone in the world, that is a huge step forward for everyone because sending or receiving money from anywhere in the world was a hassle before bitcoin was created, you would have to spend so much money and effort to send people money, now you can send just couple bucks with couple clicks and you send money to someone on the other side of the world.

That would allow people to have a more global approach to money which would allow them to be in the same playing field as the rich people who never had trouble transferring money anywhere they want because it was above a million dollars and banks do no give troubles to people with millions.

If you have millions of dollars in your bank account bank gives you incentives to use their banks, if you have under 20 dollars in your bank account ATM's tell you to see a teller, that is what bitcoin stops, it gives you the same rights as whales.

BitcoinTurk

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Bitcoin will provide economic freedom because it has several objectives that are opposed to the current system. To sort them in order;

- The wallet address allows you to process anonymously unless it is shared anywhere. In this way no one can question the source of the money and does not know where it came from. Of course, the two addresses used must also be anonymous.
- The number of supply is limited, so it cannot be controlled by an intermediary institution.
- Provides the support of equal economic rights among all individuals and never deviates from this goal.
- Unable to play unless certain conditions are met.

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Quote from: amrulshare on January 13, 2019, 03:16:58 AM

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

freedom in the electronic money market and it is still not possible to be free all over the world. It still has many legal barriers as well as the way of blockchain technology. In order to be more free and efficient, Blockchain needs to be greatly improved to be able to serve publicly all over the world.
This will happen soon, the future of crypto is great when it is being noticed and appreciated by many large businesses.

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Quote from: amrulshare on January 13, 2019, 03:16:58 AM

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc.

People are always going to use banks. Cryptos will have to live with the banks

Quote from: amrulshare on January 13, 2019, 03:16:58 AM

but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

I do not understand what you mean, the currencies that are in the exchanges are of several owners and they are in the exchange to make trade. So I do not see where the problem is

Quote from: Indrawan77 on January 14, 2019, 01:11:19 AM

for today we need a lot of document and statement letter if we want to send a huge amount of money using bank and the government will taxed the transaction

In my country there is a lot of burrocracy, the person can stay more than 3 hours in the bank waiting for withdrawal approval of $ 4000

Quote from: qiman on January 15, 2019, 12:24:22 PM

I am no longer as confident as I used to be, that Bitcoin will make many people rich anymore.

because you bought bitcoin thinking you would be rich quick

Quote from: qiman on January 15, 2019, 12:24:22 PM

I lost almost all my capital in 2018 and hardly have anything left so now I try to only think of a way and means to survive right at this moment.

Why did you sell with losses?

Quote from: qiman on January 15, 2019, 12:24:22 PM

I think the lucky few who got in early and those who managed to sell off a lot in the highs of 2017 are the ones that made it big.

in 5 years if the price is $ 50,000 you will say the same thing.

Quote from: qiman on January 15, 2019, 12:24:22 PM

Now mainly it is the Bitfiniex shorters using leverage and those big lucky whales that make constant money on their money that are independent financially. The rest of us are trying to collect some crumbs so to speak at this moment in time.

Are you acting like someone who is envious of other people

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Quote from: davis196 on February 28, 2019, 01:27:30 AM

Quote from: amrulshare on January 13, 2019, 03:16:58 AM

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

To be honest,I'm not sure about this.Bitcoin will continue to be controlled by a minority of crypto whales and miners that will continue to dictate the price and make more money out of the naive noobs.
However,economic freedom has little to do with the currency you are using.

We can make our own economic freedom by holding bitcoin. If a minority whales control the supply, i am believe the price must be rising and we have a chance to make profits

Topic: why are you sure the bitcoin will be make economic freedom? - page 3. (Read 21143 times)