Topic: Why is Bitcoin allowed to continue? - page 10. (Read 2370 times)
There are many countries in the world that are still banned, but they are allowed to operate because of their great contribution to society and because of its decentralized nature, no one has the power to decide. Its existence so it always works and grows
I have been thinking a lot lately about why the central bankers are allowing Bitcoin to continue with only minor resistance. The central bankers have set up shop in almost all civilized countries and have a money printing racket going on. In America the central bankers are kind enough to let our treasury print the money and then they take 6% off the top thus enslaving the American population. Don't worry though most Americans are completely unaware of any of this. The central bankers control the military as well as they own the government.
The last country, without nuclear weapons, to attempt to bypass the central bankers was Libya. I can still see the vivid video on the internet of Qaddafi being murdered in broad daylight in the middle of the streets of Libya. Another fellow who attempted to not use the US dollar and went against the wishes of the central bank was Saddam Hussein. Once again he met a similar fate. He was hung.
The three countries without central banks right now Iran, North Korea and Syria are under constant attack or threat of attack from the central bankers.
Why would they allow Bitcoin to continue like this and grow momentum? All they would have to do is outlaw it and 90% of the world population would bitch out immediately and stop. But they don't do it.
Is Bitcoin a trap? Is this a central banker monstrosity used to turn us into tax slaves by recording every transaction? Was Bitcoin innocent and free money and the central bankers are trying to squeeze their way in so they can use it as a weapon? The only thing I do know is they are not handing over a decentralized economy to us because they love us. What's the play? Are we being set up? Are we the useful idiots getting all our friends and countrymen involved in crypto?
This is a very interesting angle that you are taking but the answer is not complicated they are trying to do it but they are doing it slowly because it will be very obvious what they are doing if they banned bitcoin all over the world, this is especially true because bitcoin is just a piece of data, people are not going to understand why they are banning it when many countries are looking at the legalization of illegal drugs, if they did that people will begin to ask questions and they do not want that. The last country, without nuclear weapons, to attempt to bypass the central bankers was Libya. I can still see the vivid video on the internet of Qaddafi being murdered in broad daylight in the middle of the streets of Libya. Another fellow who attempted to not use the US dollar and went against the wishes of the central bank was Saddam Hussein. Once again he met a similar fate. He was hung.
The three countries without central banks right now Iran, North Korea and Syria are under constant attack or threat of attack from the central bankers.
Why would they allow Bitcoin to continue like this and grow momentum? All they would have to do is outlaw it and 90% of the world population would bitch out immediately and stop. But they don't do it.
Is Bitcoin a trap? Is this a central banker monstrosity used to turn us into tax slaves by recording every transaction? Was Bitcoin innocent and free money and the central bankers are trying to squeeze their way in so they can use it as a weapon? The only thing I do know is they are not handing over a decentralized economy to us because they love us. What's the play? Are we being set up? Are we the useful idiots getting all our friends and countrymen involved in crypto?
The banks don't really care about what is happening in the world of cryptocurrency in the current time. Bitcoin transactions can easily be monitored or tracked with ease. There is transparency in the world of crypto this is the main reason why people should join the amazing world of crypto.
Not really, its not really about how easy it is to monitor or track this transactions that is why they are having a long leash to it. They see it as a way to boost the economy of their country. Rather than trying to abolish or destroy the market they will try to absorb and adapt what they currently have as it is much easier working together than trying to oppose who is in favor of it. Wise central banks like this one know that this market in the future would be a multi-billion dollar industry and it will be hard to pass on if they avoid it entirely.
The banks don't really care about what is happening in the world of cryptocurrency in the current time. Bitcoin transactions can easily be monitored or tracked with ease. There is transparency in the world of crypto this is the main reason why people should join the amazing world of crypto.
I think that's why the creator of bitcoin chose to hide his name to avoid pressure from government organizations. And so no one can stop bitcoin because it would have to turn off the Internet. It's a brilliant invention.
I still believe that the use of bitcoin is much more profitable than the banking system. And I think that many rulers understand this, though they do not want to admit it. And bitcoin has already become too popular, so it's not easy to get rid of it.
I do not think that bitcoin was created with some selfish goals. And I don't think it has anything to do with government or enslavement. This is a unique currency, which is created only for our convenience. Just to get around this whole outdated banking system.
because bitcoin is very useful to help someone who doesn't have a permanent job like me bro. even bitcoin is also able to realize what we want. become a millionaire in the future .
I think it's yes, bitcoin must allowed to continue for it many people adopts on it. No one can stop the phenomenon of bitcoin for investment still strong for all believers of bitcoin.
It has the right to exist. You can't abolish something that has been existing on its own without the help of government. Any moreover, I don't see the reason why one will want to terminate its existence. What harm has it caused? If you think the high volatility of bitcoin is causing an economical meltdown, then you need to think again because this has only been caused by traders who trade with their emotions instead of logically and professionally following the charts. So what ever the reason for why you are asking your question, the answer is that bitcoin hasn't caused any harm by its own existence.
There are various theories put up by some people in the bitcoin community and on this forum as well. Anyhow going to this problem, I do not think the central bank must stop bitcoin development anyhow, because there are so many other things to interest them. It has nothing to do with the current price. I think bitcoin is allowed to continue for it is better for everyone. I think you should allow bitcoin to continue because now the bitcoin price is very poor but for a while it will be increased, during which time you should wait and keep your bitcoin. I think the bank never accepted bitcoin anyway.
banks cannot control people, plus bitcoin has diversity. i think better for banks to use bitcoin than ignore that
Bitcoin allowed to continue due to it relevancy to the general public in terms of it usage and freedom from third party so at that the people will always accept bitcoin.
bitcoin will continue for years, bitcoin uses a lot of investment, I always invest in bitcoin coins, I will always invest in bitcoin coins as my income, good coins are only coins of bitcoin and eth
Allowed? Do you think we are asking permission or something? There is no way to stop bitcoin. Despite the BS you see here all the time NO LOGICAL METHOD EXISTS to destroy bitcoin. So I could care less what any government thinks, I will continue to use bitcoin for the rest of my life. If, and this is not at all likely, my government made bitcoin illegal I would just move and pay my taxes in a new country. Not everyone can do that, but I can.
Bitcoin is allowed to continue because it has already a massive effect on people's lives and the government cannot do something to remove it that easily especially for a democratic country.
The Truth of the matter is bitcoin can't be controlled by any one bitcoin is highly decentralized and at that survive no matter the attack but it can never be killed or stopped by any individual, institutions or government the highest there can do is to play minimal regulative rule in bitcoin like the KYC and the rest.
Honestly do you really think bitcoin is a threat for banks or governments? Maybe in the future it could do some damage to the economy but even then there will be no major difference. I don't say that bitcoin is not capable of doing damage to banks but it's about people because they control bitcoin. Right now people don't take advantage of bitcoin and that's because they simply don't care about banks and don't want to affect them.
Since banks know that bitcoin can't do absolutely nothing to their economy why would they care about it and spend their money and time to try and destroy it? Anyway I don't think that would be pretty hard to do since people don't really support bitcoin when it has hard times and they sell everything when price goes down.
Since banks know that bitcoin can't do absolutely nothing to their economy why would they care about it and spend their money and time to try and destroy it? Anyway I don't think that would be pretty hard to do since people don't really support bitcoin when it has hard times and they sell everything when price goes down.
because the work of bitcoin is very popular with the community, working in the bounty campaign is very well done, no one can stop the work in the bounty campaign, I love working in the bounty campaign
Well imo bitcoin cannot be stopped, banks or governments cannot stop it.
They can control their own end of the process of transferring crypto to FIAT.
We could possibly see a more agressive campaign from banks to control
their customers usage of crypto as the popularity and adoption increases.
They can control their own end of the process of transferring crypto to FIAT.
We could possibly see a more agressive campaign from banks to control
their customers usage of crypto as the popularity and adoption increases.
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