Topic: You think Bitcoin makes you cool? It doesn't (Read 643 times)

No no no... evil preys upon the good, devouring their unsuspecting souls. Satoshi believes evil is hatred and all hatred is rooted in "evil money"- money based on self-destructive competition rather than cooperating with each other for the common good, the outcome being nobody truly cares about each other- to the point of abusing the weak and innocent. Evil money handicaps modernization, systemically reducing the economic prosperity to mere animal instinct, with “every man for themselves”.

Good money- what Bitcoin is all about- defeats evil money like a vaccine neutralizes a virus- introduces a new, fortified agent (financial salvation), stimulating the financial system to produce antibodies (goodwill), neutralizing and eradicating the pathogenic effects of evil money.

bitcoin21x is an amplified form of Good Money, like Bitcoin, but intended to entirely replace the traditional Monetary System of free-market competition and establish a new "Collectividual System" of free-market cooperation, sharing, and community well-being, prioritizing collective and individual goodwill over accumulation of wealth resources.

What does privacy do? Does it know how many fingers i'm holding up? Privacy isolates the helpless and empowers the corrupt. It is perhaps honorable to leave out the 3rd party but it's shameful to abandon uneducated users to their own whims, like they had make-believe toy monopoly money to throw away. Money should be an economic means to collective and individual improvement, not the economy's end purpose; not homogenizing cultural diversity around scarce resources becoming harder and harder to obtain; money should bring people together to solve the future's problems today and guarantee a global future of sustainability for the next generation of mankind, not enforce the systemic apathy to marginalized populations; money should comprehensively clean and upgrade cities and communities and propagate well-being, safety, loyalty, companionship, happiness and interaction, not just one-up a failing system of persistent global discord by routing people to hide behind closed doors from society's dangers and evils; money should give people the power to overcome the core problems we face, not just the ability for the lucky few to run away while problems fester and feed on our blind ignorance of other's plight.

https://bitcointalksearch.org/topic/satoshi-nakamoto-ann-2-new-bitcoin-supplemental-altcoins-5513980

As far as Satoshi Nakamoto and exclusive worldwide Bitcoin adoption by every household is concerned, I'm on Time.

bitcoin21x is just another form of rarifying Bitcoin, accelerating the perception of Bitcoin as a rare collectible.

Satoshi has a message for you:

"The near-holy destiny of Bitcoin is already firmly set in place. Bitcoin21x is merely the shepherd for lost souls to the Bitcoin Promised Land. Bitcoin21x’s combination of extreme rapid hyperdeflation, modern adoption as a tool for combatting and preventing criminal activities, low risk and low volatility gives us the power to unban cryptocurrencies in all countries. Countries that censor Bitcoin21x will find themselves financially insolvent as the value of fiat currencies continuously depreciates. I implore the Bitcoin community to put down its Bitcoin monotheism and embrace bitcoin21x for its merit: ending world poverty and financial insolvency, precipitating global culturalization and insulating mankind against impending global economic collapse.

There’s a new Chinese restaurant in town serving cuisines from the rarest, almost-forgotten local and regional Chinese cultures. bitcoin21x unchains the world from its financial shackles, for example, bringing small-time Chinese farmers to the global culinary stage and giving small town Chinese food lovers the chance to become greatly renowned Chinese chefs. Designed to connect the world’s poor and disadvantaged to the global economy, the product of apocalyptic understanding, bitcoin21x converts smartphones into a dependable, efficient pathway for the rapid vertical ascent of impoverished peoples out of economic disparity, instantly exerting the world’s economy’s aggregated total worth through a common base unit, transforming typical peers into highly sophisticated state-of-the-art living human data centers more computationally effective than Quantum AI.”

https://bitcointalksearch.org/topic/satoshi-nakamoto-ann-2-new-bitcoin-supplemental-altcoins-5513980

What currency do you think makes you great? Dollar, Euro, Yuan, etc.? Are these the inflated garbage currencies that central governments print by the ton that are great in your opinion?

Bitcoin is not a perfect coin, but it has the unique features that make it the best currency in the world and it is not Bitcoin's fault if some people misuse it illegally.

If we look at the pros and cons in reality, the pros of Bitcoin greatly outweigh its cons, so it is a nightmare for governments and lovers of banks and centralized systems.

From what you say, if 46% stuffs about bitcoin are about illegal activities which is bad, it then means 54% of things about Bitcoin is good, which is fair enough for us to settle for. Same cannot be said about fiat or altcoins which do not come anywhere close to bitcoin.

I want to make it clear that illegal activities is not only limited to bitcoin, it has always existed even before bitcoin was created. Bitcoins purpose was not to aid criminals in their illegal activities, those criminals only got smart to identify potentials in bitcoin and use it to their own advantage. Even if there was no bitcoin, criminals will still find a way to steal from people and still remain anonymous.

Bitcoin is not the problem of the world's economy, neither is it the the cause of the problems the world is facing. Bitcoin will still be cool to those who appreciate it's usage.

That 46% figure comes from 2017.


A more up to date report states:


https://www.forbes.com/sites/haileylennon/2021/01/19/the-false-narrative-of-bitcoins-role-in-illicit-activity/


So yeah, fiat currency is used more for illicit activity than bitcoin.

The OP seems pained, my thoughts are that he's been victim to scam activities so he's try to play the blame game by calling out Bitcoin, i might be wrong though but if my thoughts are true, he should understand that because he's been a victim of scam through Bitcoin doesn't make it a failure, just like other currencies, scammers can operate using it so he should stop trying to play the blame game and be careful so as protecting his assets from scammers. Moreover the reason why Satoshi created Bitcoin was to serve as an alternative currency to fiat which can't be controlled by the government or any organisation and so far, Bitcoin is serving beyond that purpose for different use cases, El Salvador that's made it a legal tender in their country is a prove to that. It doesn't only serve as a quicker means of payment but has turned into an asset thereby used for investment lately cause of it's increase in price overtime.

Bitcoin wasn't just designed to give mankind financial liberation, but it's purpose or existence was more to create an easy means of payments for everyone .
And mind you even other currencies like fiat also has transactions associated with illegal activities, so you're not doing justice to Bitcoin!.

That is because they don't learns about Bitcoin so they can say bad things about Bitcoin. If they want to open their minds to accept a new thing such as Bitcoin, they will see Bitcoin gives them the opportunity to have the best investment that can works them for a long term. We don't have to think them if they don't want to accept Bitcoin as an investment and no need to force them to follow what we do. But they will see when Bitcoin price is at a high price, they will amaze and perhaps, they will realize the truth and start to follow us by asking many things about Bitcoin.

Scam will be on many things, not just in Bitcoin. Bitcoin now becomes more popular and makes people raise their attention to know more about Bitcoin. But unfortunately, they can not search from the right sources so they gets a wrong information which leads them to get a scam. If they learns from the right sources, they will know how to protect their wallet and make it safe from the scammers. They will also not lets themselves tempting to participate in an interesting offers that will be too good to be true.

And who told the author of the topic that Bitcoin is a panacea and a universal financial instrument? What kind of idea is this? Enough already wandering in illusions. There is nothing like this in sight. Of course, at the very beginning of its inception it seemed exactly like that, but time has shown that it is much easier for the population of the planet to use the financial system of settlements and payments that has proven itself successfully over many decades. I do not doubt that there are those people and crypto enthusiasts who blindly believe in Bitcoin and its capabilities. I hasten to disappoint them. There is no need to do this.

So you're saying that Bitcoin is bad because of darknet markets? Spoiler alert: They're almost all using Monero now.


This "altcoin" is a bunch of baloney. I didn't even have to read the entire thing to see this:

Yeah, that's all - BTC is the grand Ponzi evil scheme - until people do look closer and authorities that can do whatever they want, and some (most of us) would not even be able to see what is happening behind the scenes.

I really expect to read something new from this thread but got disappointed.

I didn't bother to click on Op link when I noticed the file is dated as far back as 2019. I already knew it contains bunch of trash that has obviously been disprove before. There's no point wasting time to read it.

When we talk about connection with illegal activities, the medal should be given to our central banks full of corrupt officials that sponsor terrorism with unmarked notes.

It's like believing in a New World after 1492: most would skip this opportunity and the land unknown to them, but those who are brave and with belief at heart would embrace something new and get on top of others (we are talking about BTC in this context, of course).

Funny enough people passing some kind of worthless negative information about Bitcoin can never come to an end, it has been so since it's invention but yeah Bitcoin has prove them wrong in so many ways and it is still proven them wrong, surely accepting the true potentials that Bitcoin holds is never mandatory but by choice while others might be skeptical about it others are also busy taking advantage of maximizing it benefits as much as they can, alot has already regretted not embracing Bitcoin when they had the opportunity to do so at it's earliest days and the same will happen to anyone who doesn't realize now on seeing what will become of Bitcoin in the nearest future.

You are right because that advantage makes bitcoin one of the best choices because we have full control over ownership without a central authority for the sake of freedom as desired.

It is too naive and shallow thinking to associate bitcoin with the treatment of individuals in committing crimes, financing terrorists or other crimes.
Because outside of that there are many cases of murder that actually occur and are even facilitated by centralized finance that has full control. Should we also blame fiat currencies?
I agree with your view on this because every crime is not necessarily seen because a certain media is involved in it, but rather it happens because of individuals or groups who have no ethics.

Bitcoin can be more positive when people use it in the right way and vice versa with fiat currencies.
So people should not need to associate crime with bitcoin or other fiat currencies.

Ahhh these words are too heavy for me, kind of similar to OP's words, actually we need to calm down. Honestly, Bitcoin is just a payment medium just like many other traditional ones but with a different concept. That's it and for the OP's nonsense just check out the thread thats mentioned on this topic.

Digital financial revolutions I would love to hear more.

All currency has their flaws and Bitcoin isn't an exception but Bitcoin offers more satisfaction as a currency than any fiats will ever have. Owning Bitcoin doesn't only make you cool but it adds to your financial strengths as it shows you understand the shift in power. One type of payment system can't dominate the world forever. It has to changed at some point because it had previously moved from gold to fiats and soon, It'll be moving from fiats to cryptocurrency.

The earliest adopters of every technology becomes cooler when the technology becomes a successful one just as Bitcoin has become a successful one. Assuming Bitcoin didn't see success and it failed to gained the attention of the public, they won't be seen as cool but because Bitcoin made it despite all the odds against it. The first set of adapters have to be given their credit for believing in Bitcoin.

Bitcoin is not like any other currency. Its a decentralized digital asset (the first of its kind) with no central authority or intermediary. Thats a fundamental difference.

As for your other arguments, do you know how many people die every day in traffic accidents, or commit vehicular suicide? Would you deny the value of a car as a means of transportation and ask people to stop using it?

Just like a car, Bitcoin is just that - a financial vehicle.  It does not support scams and thefts, does not finance terrorism, does not kidnap or kill people, does not starve children... People do that!

Actually we have wasted time with this thread, because what OP is talking about bitcoin failure is the opposite of the fact. I don't know what the clear purpose is in bitcoin why is it cool? just a quantitative assessment? you missed too much development because an institution as big as Blackrock would not be reckless in including Bitcoin in its ETF.

Bitcoin doesn't make me cool, but at least it gives everyone an equal chance in the digital financial revolution.

What about them? We have millions of people using bitcoin around the world and all you can point to is a few robberies?
Do the math. What percentage of bitcoin holders is affected by crime, like robbery, theft, murder, and what percentage of fiat holders?

You're trying to make a big deal out of nothing and blame it on the inanimate object like currency, pretty much like saying that since there are car thefts every single day and people die in accidents all the time, cars have failed miserably as means of transport.

Do you think people aren't being killed and robbed all around us with no cryptocurrencies involved? A few years back some guy in my town stabbed his relative to death and the police were looking for him for a few days. I also remember a case where an old lady and her husband were attacked at home and robbers were burning them with hot iron to make them talk where they hold cash.
You can wipe out crypto and we will keep killing and robbing each other.