Topic: Why Bitcoin is trash (Read 566 times)
Bitcoin is now moving towards the international market.
Your Bitcoins and are in your full control. If you get involved in law the bank can freeze your account.
Bitcoin increases in value often over time so it is also a good investment.
Although Bitcoin is difficult to convert to cash with a bitcoin ATM, you can at least exchange P2P with those in need.
Bitcoin is not trash, Bitcoin is financially free. Everyone in the world Knows Bitcoin and buys Bitcoin regularly so there is no reason to make such a bad conclusion.
Bitcoin increases in value often over time so it is also a good investment.
Although Bitcoin is difficult to convert to cash with a bitcoin ATM, you can at least exchange P2P with those in need.
Bitcoin is not trash, Bitcoin is financially free. Everyone in the world Knows Bitcoin and buys Bitcoin regularly so there is no reason to make such a bad conclusion.
Strange statement, Bitcoin garbage. Garbage is a substance that has worked out its role and cannot be useful in the household in any way, in other words, it is the remains of vital activity that have no value. Bitcoin is far from fulfilling its role, imagine garbage, for $ 60K. It doesn't matter to me how I can get the dollar equivalent of my Bitcoin . As long as Bitcoin makes it possible, thanks to the dimamics of value, to make a profit, and as long as I can sell Bitcoin at any moment and get a lot of dollars, Bitcoin will be the most advanced financial component for me.
It surely is a golden garbage, but oh wait it has more value right now than gold, so there it goes.Either OP is just trying to clickbait this thread from the title or s/he concluded it based from his/er assumptions.
You know a crash is around the corner, when you see threads like this one.
Meh. 60k is here right now.
You know a crash is around the corner, when you see threads like this one.
This opinion may come from someone who doesn't really know about Bitcoin, only follow the hype, and then lose money at all. SO, calling Bitcoin is trash.
However, if it is about the transaction fees, payment method, and also fast transfer, yeah, this is actually one of the weak sides of Bitcoin where these things are not realized enough.
However, I personally will never say it as trash., Trash is something that is not worthy (if it is not recycled). However Bitcoin, something very worthy for me. However, it will not make worthy or will lose your money if:
- Only follow the FOMO
- Panic sell and panic buy
- not using DYOR
so, losing money will be easily happening
However, if it is about the transaction fees, payment method, and also fast transfer, yeah, this is actually one of the weak sides of Bitcoin where these things are not realized enough.
However, I personally will never say it as trash., Trash is something that is not worthy (if it is not recycled). However Bitcoin, something very worthy for me. However, it will not make worthy or will lose your money if:
- Only follow the FOMO
- Panic sell and panic buy
- not using DYOR
so, losing money will be easily happening
Bitcoin's advance towards global acceptance is still in its infancy. The technology has just been here for more than a decade, compare that to fiat with thousands of years of development and evolution. It shows great promise for the future, not for the present, and if you're here for a quick buck, then you're getting everything wrong. Bitcoin isn't trash. Do you call unrefined gold ores trash too? Bitcoin is still an unrefined version of itself, the future it possesses is very promising to just label it as trash, just because it's not that accessible now.
Strange statement, Bitcoin garbage. Garbage is a substance that has worked out its role and cannot be useful in the household in any way, in other words, it is the remains of vital activity that have no value. Bitcoin is far from fulfilling its role, imagine garbage, for $ 60K. It doesn't matter to me how I can get the dollar equivalent of my Bitcoin . As long as Bitcoin makes it possible, thanks to the dimamics of value, to make a profit, and as long as I can sell Bitcoin at any moment and get a lot of dollars, Bitcoin will be the most advanced financial component for me.
Actually this isnt something to deal with its value but into is actual relevance when it comes to payment system.Im not really surprised that most people would reallybe having this kind of views towards bitcoin and focused only on the benefits that it could give when it comes to investment without tending to look up on the other side
about its actual usage which it cant really be considered to be a garbage no matter what.A revolutionary thing like this wouldnt really be ending up to be a trash.
This is one of the main factors on why bitcoin is heavily supported and liked by the community.
Strange statement, Bitcoin garbage. Garbage is a substance that has worked out its role and cannot be useful in the household in any way, in other words, it is the remains of vital activity that have no value. Bitcoin is far from fulfilling its role, imagine garbage, for $ 60K. It doesn't matter to me how I can get the dollar equivalent of my Bitcoin . As long as Bitcoin makes it possible, thanks to the dimamics of value, to make a profit, and as long as I can sell Bitcoin at any moment and get a lot of dollars, Bitcoin will be the most advanced financial component for me.
It sounds quite painful to me when you say Bitcoin is trash, whereas to me Bitcoin is like a treasure. In fact, you only need to spend your Bitcoin
directly without converting your Bitcoin to fiat. It's one of the easiest ways to use Bitcoin without involving the government and banks. Because now
many merchants accept Bitcoin payments. You have to understand if there is no Bitcoin community to help you in a pandemic situation like now,
because most people are going through difficulties in their life. So you should solve your life problems with your own ability, if you want to ask
for help, preferably to those closest to you according to my advice.
directly without converting your Bitcoin to fiat. It's one of the easiest ways to use Bitcoin without involving the government and banks. Because now
many merchants accept Bitcoin payments. You have to understand if there is no Bitcoin community to help you in a pandemic situation like now,
because most people are going through difficulties in their life. So you should solve your life problems with your own ability, if you want to ask
for help, preferably to those closest to you according to my advice.
Since I got involved in Bitcoin I have never had as much savings. I have more wealth now
than Ive had for the last 30 years of trying to save FIAT, combined.
Bitcoin has given me freedom, its up to me how I utilise that freedom.
Its up to me to get informed to either use a bank or go anonymous.
I have choices
And it is not only about the price of bitcoin going up, the forum is going to expose you to many ideas that you never through about and then you are going to have several eureka moments and you will begin to change your life slowly, you will realize that the fiat system may last for a long time but the idea behind is flawed and it will eventually fail, you understand why despite saving fiat it does not seem as if you are moving ahead, you understand how much people spend on stuff they do not really need or want, and once you make adjustments to the way you use your money suddenly you find yourself with more money than you ever had. than Ive had for the last 30 years of trying to save FIAT, combined.
Bitcoin has given me freedom, its up to me how I utilise that freedom.
Its up to me to get informed to either use a bank or go anonymous.
I have choices
the main factor in my opinion is government regulation. It all depends on the government's decision, if the government does a good thing and supports bitcoin, I think it will be a good journey and there are no obstacles or even someone doesn't need to fight for bitcoin. Bitcoin will run on its own with the support of many people
There's hardly anyone here who has fought for Bitcoin as hard as I did and traded it as much as I did.
For me Bitcoin represented Freedom, but when I took on the national President and the Euro currency and told them I'd go citizenship less and stop using banks it became evident that there is no way to use Bitcoin without the Banks and the government.
You can't use the Bitcoin ATM, s without ID and Banks, you can't convert Bitcoin into cash or use it directly with a debit card without the government and banks.
Now one way, and one way only is to trade Bitcoin for cash, this is the only way that the government and banks couldn't control Bitcoin.
Now besides freedom this is the real reason I am gravitating away from Bitcoin, is that I didn't get help fron the people that I fought for.
There wasn't a single person in the Bitcoin community who was helping me when I did seven days without eating.
The idea that I was standing for something called Freedom was an illusion.
But besides that Bitcoin also had perks over bank transfer like Faster transaction times and lower fees.
Which have both become inferior to banks as well.
Nope we could still turn our crypto into Fiat without ID or banks you just need to find a buyer who you could trust.For me Bitcoin represented Freedom, but when I took on the national President and the Euro currency and told them I'd go citizenship less and stop using banks it became evident that there is no way to use Bitcoin without the Banks and the government.
You can't use the Bitcoin ATM, s without ID and Banks, you can't convert Bitcoin into cash or use it directly with a debit card without the government and banks.
Now one way, and one way only is to trade Bitcoin for cash, this is the only way that the government and banks couldn't control Bitcoin.
Now besides freedom this is the real reason I am gravitating away from Bitcoin, is that I didn't get help fron the people that I fought for.
There wasn't a single person in the Bitcoin community who was helping me when I did seven days without eating.
The idea that I was standing for something called Freedom was an illusion.
But besides that Bitcoin also had perks over bank transfer like Faster transaction times and lower fees.
Which have both become inferior to banks as well.
Most of the way to turn our crypto into cash really need some personal information or have to do some KYC but we could still convert it into cash.
And you've stated that no one from crypto help you maybe they just doesn't trust or know you too well.
I have some friends from crypto and we are helping each other when someone from our group needs help.
Dude, you have issues with your government, not bitcoin. ID and banking is partly and wholly controlled by the government irrespectively, and to blame the shortcomings it underlies to bitcoin as if it wasn't made to combat these is just sad. Also, you make it look like bitcoin did you dirty when it comes to earning. It is established from the start that bitcoin is not a get rich quick scheme, although that is what it does for the most part. To say that you will be rich with bitcoin is just funny.
I don't see it as a problem, you can spend your coins on merchants that accept BTC, there are already stores accepting BTC. The number of stores though is pretty much limited but I think we already saw this coming that the government will not give up without them getting back the control. Fiat is not going to go away, they also have CBDC which is coming. Still not trash when you know banks can't freeze your coins.
There's hardly anyone here who has fought for Bitcoin as hard as I did and traded it as much as I did.
You do not know how hard every people here to survive and earn bitcoin using many ways. We all trying to earn bitcoin a long time ago. Some of them bought bitcoin at the very lowest price and mine bitcoin. So they are the people who can enjoy their bitcoin now, while most people still fight hard to earn bitcoin. So you are not the only one.Yes, that's right, you can't earn money by not doing something hard, this is our responsibility as human being we need to work harder to earn money evwn bitcoin or fiat.
I have been working here since 2017 trying my best to earn bitcoin and I prove in my self if you want to succeed you need to sacrifice, sacrifice your time, work harder, improve your self that what we need to fo to earn bitcoin.
I think the advantages of bitcoin itself can be like sending money between countries but at a cost that is quite cheap and fast
Bitcoin is trash? I don't think so, for me it's a technological innovation of our time, but in some points, Bitcoin also has shortcomings that need to be fixed or improve But it doesn't mean that it was considered a trashed. freedom has always accompanied by responsibilities that's why for now that the government impose some requirements in order to transact with banks we must follow it because it is the right thing to do. I also notice that you have some deep rooted problem other than Bitcoin so its better to focus on that.
People who are unfamiliar with bitcoin will continue to say bitcoin is rubbish and has many weaknesses because of its very high voting.I also agree with you that bitcoin is a technological innovation in this modern era, it is a revolutionary technology that will change the way you make payments.
Bitcoin is not regulated by anyone, including the government, but even so, it is a regulation regarding the use of bitcoin. This regulation will provide some restrictions on the use of bitcoin.
Bitcoin, blockchain and cryptocurrency are future digital technologies that must be developed.
Each of us really understands how great the benefits of Bitcoin to the community are. In the near future, each of us will not have a speculative asset, but a safe haven for our savings. But for some reason, very often I come across all sorts of news that bitcoin mining is very harmful to the environment. The fact is that this issue was very quickly adopted by some governments of certain countries, justifying by this very situation their non-acceptance of cryptocurrency, and this idea is already fully supported by the Green Party. It's hard to imagine how strong the opposition of this group of people is and how much it can harm Bitcoin.
Keep in mind bitcoin adoption takes a lot of time to happen. We won't see all kinds of services accepting crypto currency overnight.
To live without banks will be possible someday, but to think you could live in society without an ID is daydream and I think you are already going too far...
To live without banks will be possible someday, but to think you could live in society without an ID is daydream and I think you are already going too far...
Bitcoin is not trashing but we need to understand and don't be blind by the freedom of Bitcoin because there arent total freedom anyway in the world whichever way you look at it we're still governed by the government/banks. Besides, nothing guarantees that the major institutional investors are not the doing of powerful politicians.
There wasn't a single person in the Bitcoin community who was helping me when I did seven days without eating.
How many people are aware of this fight? If no one from the Bitcoin community is helping to fight for Bitcoin, bitcoin who have to crumble during Chinese and SEC raised red flag before they implemented KYC/AML which causes the no freedom we're I said earlier. Jump to: