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Topic: Why is Bitcoin allowed to continue? - page 7. (Read 2373 times)

full member
Activity: 518
Merit: 100
November 22, 2018, 12:46:35 PM
there will be no continuation or termination of bitcoin that can control it, while there are still many people who use it and there are still many people who invest in bitcoin, bitcoin will continue to grow and will never stop, even though bitcoin goes down very much, it doesn't mean it won't grow again.
sr. member
Activity: 1344
Merit: 261
November 22, 2018, 10:58:28 AM
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?


They do not have the authority nor the power to stop Bitcoin, unless if the government or central bank is to ban or halt BTC from their homeland and that is where they only have the power, and at the same time I don't think that central banks would even think of this in the first place, and I think that you are thinking the idea way too wrong, it was distinguished not as a trap but as something else that would help us benefit.
newbie
Activity: 86
Merit: 0
November 22, 2018, 05:56:12 AM
How could governments or central banks stop Bitcoin? There is no way to do that. And for what? Crypto is not a trap, it was designed to help overcome the control and manipulations from authorities we suffer from.
newbie
Activity: 179
Merit: 0
November 22, 2018, 05:53:11 AM
How could governments or central banks stop Bitcoin? There is no way to do that. And for what? Crypto is not a trap, it was designed to help overcome the control and manipulations from authorities we suffer from.
member
Activity: 296
Merit: 10
November 20, 2018, 09:14:57 AM
Bitcoin is a new technology that is still in the development stage but is very popular and has the potential to provide financial improvements to its users

Not only is it a new technology, BTC is also the safest place to invest Grin, but probably the future in the industry. And right now, although it's a bit low in the market, it's just a small change and it's going back to the old price Wink.
copper member
Activity: 95
Merit: 0
November 20, 2018, 09:08:52 AM
Bitcoin is allowed to continue because the government see a future for it. They still studying further on how bitcoin use for government. They see assets that can make a country gains its profits.
full member
Activity: 546
Merit: 100
November 20, 2018, 07:45:45 AM
I think the main reason why bitcoin is allowed to continue is because government already see that bitcoin can trully help netizens on using bitcoin. So it may leesen their work and program. And I think one reason that bitcoin is allowed to continue is people is also continue to support and patronized bitcoin. So the government will think and analized on the next step to bitcoin's regularization and legalization. We need to be happy because even that bitcoin is not in a legal stage we can freely use it and make our life easy and comfortable in terms of paying transaction or even in terms of investments.
newbie
Activity: 283
Merit: 0
November 20, 2018, 06:52:43 AM
I think bitcoin can bring benefits to its users so that it can help the economy of the people who use it. Maybe bitcoin will increasingly become popular in various countries. I am sure Bitcoin will develop and have a bright future.
newbie
Activity: 42
Merit: 0
November 20, 2018, 05:22:56 AM
I think bitcoin can help for the future transferring of money and it is safe and private also
member
Activity: 420
Merit: 10
November 12, 2018, 10:30:05 PM
Bitcoin is a new technology that is still in the development stage but is very popular and has the potential to provide financial improvements to its users
newbie
Activity: 5
Merit: 0
November 12, 2018, 05:09:18 AM
Mainly used for money laundering, extortion, buying illicit goods and avoiding currency controls. With simple electronic payment mechanisms like PayPal there is really no need for bitcoin to continue.
full member
Activity: 1260
Merit: 100
November 12, 2018, 04:56:35 AM
I think it is because no one can stop peoples to using bitcoin. For example if i using bitcoin in my pc, can government prevent me to use bitcoin ? and how ?
Bitcoin and cryptocurrency has decentralized blockchain database, not just a single database that can be blocked by governments. Aside from that, more governments nowadays are allowing bitcoin or crypto to be used in their country.
sr. member
Activity: 1056
Merit: 251
November 11, 2018, 04:38:39 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?


How does bitcoin recording every transaction make you a slave if all transactions are completely anonymous? Even if the blockchain secretly records the IP addresses of bitcoin senders and recipients, this information is not enough to prove that this transaction was carried out by you. Plus, the legislation does not regulate it.
member
Activity: 308
Merit: 11
November 11, 2018, 04:35:02 PM
There are two distinct and separate issues. Firstly the Banking industry, which sits there raking in vast fortunes off the likes of you and me through bank charges, interest using our money to gamble with subprime assets etc. They do not like bitcoin/crypto because it threatens their lucrative monopoly, and secondly governments don't like it because they have no control-and governments love to be in control. So at the moment bitcoin et al is not much more than a curiosity and irritation-but should bitcoin or more likely one of the other coins become widespread in it's adoption and use then expect governments under pressure from the banking industry to take action against the industry. 
sr. member
Activity: 672
Merit: 253
November 11, 2018, 02:55:34 PM
Blockchain technology is very safe and sophisticated and could make bitcoin suitable for making a cheap transaction and payment tool in the future. Until now, we didn't see such progress and fee rates are still very high when compared with digital fiat currencies. That's one of reasons that bitcoin is considered as an investment tool instead of considered as a transaction and payment tool. You can't sell hopes and expectations to people for a long time. If we can't see a real progress or success in cripto world, prices will not go up sooner or later.
sr. member
Activity: 826
Merit: 250
November 09, 2018, 11:21:06 AM
let it continue, is it already a world asset and soaring and I don't think this bitcoin should be erased or destroyed, I believe and believe it can be relied on in the future and useful
full member
Activity: 355
Merit: 102
November 09, 2018, 11:18:29 AM
what I think is let it continue because this is a big technology asset and must be developed to be bigger because we don't have to think far enough just to wait and be patient
full member
Activity: 546
Merit: 100
November 09, 2018, 10:22:54 AM
If the market is hard and the price doesn't show any growth still the people use bitcoin for transactions and it is allowed to do business in continue like when there the speculation occurs in the market the market highly fluctuated and after that the recovery is so difficult many of the bad news and personal opinions makes hurdles in the life of a coins and some time people even lose trust for that which cause the coin to die so bitcoin is powerful and it is allowed in every time.
full member
Activity: 434
Merit: 102
November 09, 2018, 09:56:26 AM
Why is Bitcoin allowed to continue? Because Bitcoin has more positive side compared to the negative side, and Bitcoin has also changed the economy of society much better, so the government will not be easy to delete Bitcoin.
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