Bitcoin Forum

What do you think?

Yeah sometimes it looks like they are doing the anarchy in crypto world. But i am not quite sure about it. The crypto leftist has high possibility of doing these because they have some major motives.

What is their benefit doing the anarchy for bitcoin? I don't think leftists are the reasons behinds these occurrences. But still we need some solid information regarding this matter.

I don't think so. Anarchy is still present in today's bitcoin, it just doesn't seem to be like what it was a few years back. We all know that at one point, regulations would take over the ecosystem given that cryptocurrencies have monetary/fiat value. Needless to say, in order for the government to acknowledge the existence of bitcoin, they should create their own set of rules and regulations just so people can trade their bitcoins into their national currency and vice-versa without any legal implications resulting to fraud etc. Afaik, there isn't any central authority controlling the whole of bitcoin, so in terms of decentralization and anarchy, bitcoin is still doing pretty well IMO.

You are right, Bitcoins have defeated the leftists. Bitcoin crypto is the most secure and trusted. Bitcoin structure is very strong. It is made with advanced blockchain technology. Its future is better.

Bitcoins haters are growing up rapidly for it’s current decreasing market. Hope haters will be decrease in future.

Bitcoin and crypto declining their market value rapidly. Many investor lose their interest and left crypto and many still hold crypto and patient for future.

Some try to spread that crypto will dead and that's why many investor left crypto with lose and they now try spread shit about crypto. But I hope who still patient with crypto they will be benefitted in future rather it's take long time.

BTC already developed and establish coin in the market based on ETF news some rumors created but people who are gossiping about this coin one day they will understand their mistakes.

You cannot really say that. The cryptocurrency market runs on decentralized system. Due to the absence of law and regulation, some anarchy might sometimes be seen. But we cannot blame the whole thing on crypto leftists.

No, I don't think so. The cryptocurrency market is always fluctuating and there is no definite cause behind these fluctuations. The crypto leftists could be among one of the reason behind the anarchy.

In it's early days Bitcoin's community mostly consisted of cypherpunks and cryptoanatchists, but later more people have started joining this community, so it shouldn't be surprising that they have different socioeconomic beliefs. Also a huge amount of people are just looking to get rich quick, and they might be especially warm towards regulations because they believe it will boost the price. But there's no need to hate anyone, because whatever happens, you will always be able to use Bitcoin as you please. The only thing our community should worry about is malicious fork proposals.

Could be, given the condition of the market and the way the people reacted to the ETF's news, they might have thrown the anarchists from the BTC

I think that they have overthrown it. Bitcoin has proved itself and crypto currency is getting more popular day by day. Seeing such popularity, they might have understood their mistake.

Let's see what Wiki says,

Crypto-anarchism (or crypto-anarchy) is a cyber-spatial realization of anarchism. Crypto-anarchists employ cryptographic software to evade persecution and harassment while sending and receiving information over computer networks, in an effort to protect their privacy, their political freedom, and their economic freedom.

Source : https://en.wikipedia.org/wiki/Crypto-anarchism

Why is this wrong? You have a right to protect yourself from people or governments that want to harass you or who wants to infringe on your financial privacy.

As we stand now, it's no different than it was several years ago. You can still call it decentralized, anarchic, and free. This is because there is no main regulator, like you said.

This can't last long I think. That's what all this fuss over ETFs and the NYSE adopting bitcoin is about. Hell, even the establishment of futures contracts was one step closer to putting a leash on bitcoin. There is more and more movement towards getting it under control these days, and it just might happen. Not completely, but just tame it a bit more.

There is nothing like that according to me. Leftist have little to no contribution in what is currently happening with Bitcoin. The ETF rejection caused the situation of the current market. However, despite the price getting lower everyday, just look at Bitcoin's dominance right now, which is increasing every 24 hours. So, I don't think the anarchy is over yet.

It has left the left, you say absolutely right, I believe Bitcoin is the safest, it has a strong structure, hard to overturn, difficult to infringe to the present time.

I don't know if there are studies concerning Bitcoin specifically, but there's this:


It's only natural as more average joes with more moderate beliefs have come in to dilute the original community. I'm sure some of the OGs lament it, but the beauty in Bitcoin is that they can still do what they want with the technology no matter what the prevailing community sentiment is. Money is just money no matter what you identify as after all.

That is just another imagination of yours like other thousands that are already circulating in this forum right now. But, there is no truth to it. Leftists who were against Bitcoin cannot really overthrow it as long as the investors are backing Bitcoin up with all they have.

The answer is no. There was no anarchy in the first place rather it was the reflection of the trust put on by the investors on Bitcoin that has made it's position such strong among other coins and also increased it's dominance recently. Leftists can always try but I don't think they will succeed.

Exactly. Those who truly understand crypto and the market benifit in the long run and they dont leave