for those in bitcoin for the fiat it'll be a great year, for those in bitcoin for initial concepts promise.....bitcoin will be dead to them.
What are the initial concept's promises?
I guess he means, anonymity, avoiding taxes, destroying governments, whipping your ass and all the other things, that were never promised by anyone, but are just, what some people want Bitcoin to do.
well thats a pretty bad guess, and wrong on every point.
the idea of bitcoin was an alternative to the banks controlled fiat, to take the greedy money changes out of the equation, one of the main reasons for decentralisation,
whats the point of an alternative to the greedy banks if we ourselves given the same power act the same way?lets not even begin at the whitepapers original mircotransctions point re reason for bitcoin over the banks, something the btc powers to be flipped on ages back
We don't have the power to freeze accounts.
We don't have the power to print as many Bitcoin as we want.
We don't have the power to reverse a transaction.
So, about what power are you talking about?
Could you please just cut this use of general terms, that means nothing and tell us, what exactly do you mean?
define what u mean by we, ie you're not part of the collective in any of my 'we' replies
your power points reply aren't even in the context of my post so i'll reply similarly;
"We don't have the power to freeze accounts."
can and has been done, one of the reason for an infamous btc fork.
"We don't have the power to print as many Bitcoin as we want."
can on several different level, and has been done for real before, again hence on of the infamous previous forks.
and currently is being done in a kind of way by various exchanges and other third parties through various financial product; you'd reply oh but thats no real bitcoins, but the products is just as real as those found in fiat (and all crypto nutjobs accuse fiat of being printed limitlessly).
"We don't have the power to reverse a transaction."
again can and has been done before ie again look at a previous infamous bitcoin fork.
However in context my whole point about being the greedy bankers is most people now in crypto are in it for the FIAT, not in it to make frictionless money, not in it to give people control over their money for better or for worse, but simply to buy a token and try and sell it to the next sucker for a higher FIAT price.
all makes the point of bitcoin redundant.