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Topic: Why is Bitcoin allowed to continue? - page 5. (Read 2370 times)

full member
Activity: 476
Merit: 100
December 21, 2018, 02:33:07 AM
I think the world power have come to realize that bitcoin is the next big thing to happen to the financial world. They also have seen the good side of the bitcoin and blockchain technology which will help to curtail fraud and stealing from any financial system that deployed blockchain technology. They also know that blockchain will help them improve their tax collection effort.
hero member
Activity: 2268
Merit: 709
December 21, 2018, 02:21:35 AM
...because those who had the power to stop him at the beginning had not noticed, not understanding him. Now there are already great interests. And politics never risks losing consensus going against too many interests.
full member
Activity: 602
Merit: 118
December 21, 2018, 02:07:20 AM
Is Bitcoin a trap?  Is this a central banker monstrosity used to turn us into tax slaves by recording every transaction?


I don't know, to this day we don't know who exactly's playing behind the magnificent veil of the popularity of bitcoin, but until now the structure of its existence still benefits its users without exception, and this's far different from the concept of a currency that is fully supported by the central bank. From these assumptions, I am not sure if this is a trap created by them (the government, or the government-run central bank) because in reality bitcoin prefers Non-Government.
copper member
Activity: 280
Merit: 0
December 21, 2018, 01:34:55 AM
The Central Bank and some countries have given permission to continue the Bitcoin. Because they know. That is how Bitcoin is improving the economic condition of countries. And people using Bitcoin are also benefiting.
full member
Activity: 350
Merit: 100
December 21, 2018, 01:15:22 AM
I think bitcoin should allow to continue in the present time because with this we can say that people will more feel good if they have a fast moving currency because for businesses required a fast payment mode so that can change the deals and they are become more close together.
hero member
Activity: 1190
Merit: 500
December 21, 2018, 12:56:48 AM
But why not? Bitcoin is a good crypto currency. And honestly, I love Bitcoin. I want it not just to continue but to keep growing and rising up again and again.
technology continues to grow. Everything is demanded on the popularity of digital services. bitcoin provides great benefits for those who are able to use it properly. as long as bitcoin still has a positive impact I will still support bitcoin.
of course, technological developments such as bitcoin will certainly continue to grow. no matter how many times bitcoin falls because prices are weakening, bitcoin will definitely continue to live and survive because this is part of future technology..
sr. member
Activity: 826
Merit: 265
December 21, 2018, 12:50:13 AM
And how do you want central bank stopping us to use Bitcoin? Who are they to give use us directives?
You have a god damn good question mate,i believe OP is bright enough to answer this right?because of stupidity he asked how bitcoin continuing the functionality when theres alot of things to consider

But sorry to tell but bitcoin is unstoppable and bitcoin users or holders cannot be directed because we choose to be here,we choose this profiteering so bankers is suck if they buy this OPs argumentation
sr. member
Activity: 424
Merit: 250
December 21, 2018, 12:26:54 AM
But why not? Bitcoin is a good crypto currency. And honestly, I love Bitcoin. I want it not just to continue but to keep growing and rising up again and again.
technology continues to grow. Everything is demanded on the popularity of digital services. bitcoin provides great benefits for those who are able to use it properly. as long as bitcoin still has a positive impact I will still support bitcoin.
jr. member
Activity: 78
Merit: 1
December 20, 2018, 11:27:43 PM
And how do you want central bank stopping us to use Bitcoin? Who are they to give use us directives?


I agree mate.
No nobody can dictate the entire flow of bitcoin. It is not subject to government power's due to decentralized characteristic of bitcoin. It is the nation choice to adopt bitcoin ecosystem or to forbid its uses.
full member
Activity: 602
Merit: 100
December 20, 2018, 10:45:55 PM
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?



Sometimes I have the same thoughts as you, the influence of the central bank on countries in the world can immediately stop the development of bitcoin, because many governments are subject to the rules made by central banks, but they do not do so. If we see the USA is a superpower with its dollar currency, but in reality USA has a lot of debt, then the question is "who is more powerful than the superpower"
newbie
Activity: 29
Merit: 0
December 20, 2018, 10:17:24 PM
your sharing is good information with me. thank you
full member
Activity: 518
Merit: 100
December 20, 2018, 09:18:41 PM
But why not? Bitcoin is a good crypto currency. And honestly, I love Bitcoin. I want it not just to continue but to keep growing and rising up again and again.
member
Activity: 353
Merit: 12
December 20, 2018, 09:14:26 PM
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?


about the problem into  the entire life regarding the involvement of crypto to solve the significant value of bitcoin I don't even think what does the specific solution regarding legitimacy of bitcoin into central bank, thus I continue support whatever happen weather  it will survive or freeze being popular by central bank.


newbie
Activity: 3
Merit: 0
December 20, 2018, 07:38:38 PM
Well in short, the obvious question is whos going to stop it? Are people going to seize each others private keys and destroy the coins?
hero member
Activity: 3052
Merit: 606
December 20, 2018, 06:44:21 PM
what is your reason that bitcoin must be stopped? if there is a reasonable answer, it can be quite understood. but bitcoin is just like other online payment methods such as paypal, bitcoin can be faster and more effective. I think there is no strong reason to stop bitcoin.
For me,bitcoin should not be stopped simply because it has helped millions of people to live their lives comfortably.It's not just a single currency but it can also be a major investment that if propely managed,it can also make yourself prosper because of the big profits that it gives.So we should not stop from promoting bitcoin because it will surely give us more benefits in the future.
member
Activity: 1092
Merit: 67
December 20, 2018, 06:27:13 PM
what is your reason that bitcoin must be stopped? if there is a reasonable answer, it can be quite understood. but bitcoin is just like other online payment methods such as paypal, bitcoin can be faster and more effective. I think there is no strong reason to stop bitcoin.

Also, I don't see any logical reason why someone in crypto is asking this question in the first place. Even Central Banks have no control with bitcoin transactions. I'm glad we are born in this era of blockchain. It already changed a lot of lives including me. We are benefiting this revolution. So I will never ask this question to myself.  Wink
full member
Activity: 686
Merit: 104
December 20, 2018, 06:21:49 PM
what is your reason that bitcoin must be stopped? if there is a reasonable answer, it can be quite understood. but bitcoin is just like other online payment methods such as paypal, bitcoin can be faster and more effective. I think there is no strong reason to stop bitcoin.
jr. member
Activity: 242
Merit: 7
December 20, 2018, 06:16:25 PM
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?
Why do you think the resistance is minor?
Bitcoin is already demoted from a cryptocurrency to a "store of value" - which sounds pretty meaningless. Of course LN can bring it back into currency territory but we'll see.
To answer your question - I think that bankers have such power only because people don't understand how economy works.
If they are too open about their hatred for bitcoin, more people will begin to be aware.
As long as bitcoin is only bought with hopes of future profits they can let it live and they won't be exposing themselves.
full member
Activity: 1026
Merit: 110
Need Bounty manager ? Contact @repear71
December 20, 2018, 06:13:55 PM
I will express my own opinion as to why bitcoin is still allowed to continue. In my opinion, bitcoin is a great technology so it is worth bitcoin to remain in the market. As the king of crypto currencies that provides a lot of convenience, bitcoin is very useful in bringing progress in the field of payment. We can make payments across countries easily, cheaply and quickly. Of course this is very profitable as a business that has a fast movement and is unable to overcome state policies with fiat currency transactions. I myself still support Bitcoin to continue because I myself have felt the benefits and want to continue to take advantage of the benefits. I'm sure starting next year there will be more crypto currency players who know bitcoin and use bitcoin as their media transaction. Even I am sure that Bitcoin will later continue to innovate to restore public trust to continue to use it.
member
Activity: 321
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
December 20, 2018, 04:31:26 PM
I think that btc is the best coin ever and it will be better to save it for the future as its price will definitely become higher. As for me, btc is allowed to continue due to its pros
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