Bitcoin Forum

I believe the new war is technological; what we are seeing is a distraction, a smokescreen to divert our attention, so we don't realize the technological war. Whoever manages to decrypt the price of BTC, they have won automatically. A few (multinational) guys conveniently moving whales, you lose, I win but I give you a bonus. And if that's the case, I propose the legalization of BTC (WITHOUT KYC), open discussion from the educational system; we will teach all subjects on a laptop with complex algorithms to pass the subjects. That would be an example. BTC has already become the best long-term investment asset. Adoption has to happen; it is necessary; it would be a transfer of power from the old with little technological knowledge to the adults/young people who are tired of receiving crumbs from the pie. What's truly interesting is that in every war, there are casualties. Who will be the future sell?

The last battle of technology will not have much effect on Bitcoin.
Because the government of any country will not accept Bitcoin as the main transaction.
Bitcoin has already proven to be the power of people and will continue to be in the future.

???

That's pyramid scheme, Bitcoin doesn't work like that. People who want to sell their coins aren't always lose, they might already earn a lot profit by holding a long time. After all you only need to hold your coins if you're looking to earn higher profit.

There's nothing like that, legalization = tightening regulations.

That's terrible idea, I'm sure most people will not interested with Bitcoin since it's "complex".

Nobody gives a flying f**k about what you propose. No government in the world is going to legalize BTC/crypto without KYC.
The "technological war" has nothing to do with Bitcoin/crypto. There is a cyber security war between Russia/China/North Korea and the western countries, but nobody of the two sides in this war is weaponizing blockchain technology and cryptocurrencies.
What do you mean by "to decrypt the price of BTC"? I guess that you think that the crypto markets are manipulated by the whales.
This might be true, but there's not enough evidence to prove such claim. Do you really think that mass crypto education would solve the problem of market manipulation? I don't think so.

That’s the thing, tho. Since bitcoin is decentralized and no one is in direct control of bitcoin, no one can actively influence the price of bitcoin by pulling a few strings. So in the end, no one can exactly “decrypt” as you say the price of bitcoin. All we can do is to try and predict the price the closest as we can and make a move based on that assumption.
Whales impact how other investors see bitcoin as an asset so individually we should know how to identify whales moving their assets to an asset actually losing value so to not raise panic.
The government will not allow that.

I agree that the tech war is an important aspect of world affairs, and it's easy to get distracted by the noise while the real battle is taking place behind the scenes.
 The concept of cracking the price of BTC  to win this war is intriguing, and  raises questions about the role of cryptocurrencies in  future financial and power trends.
 The idea of ​​legalizing BTC without KYC (Know Your Customer) regulation is intriguing, as it could  democratize access to the financial system and create a more level playing field.
 Integrating complex algorithms and BTC education into the education system could be a game changer, especially when it comes to preparing the next generation for a world where technology and finance are increasingly intertwined.
  The idea that BTC has become the best long-term investment asset is currently debated, but there's no denying that it has sparked a global debate about the future of money and power.
 Your comment about the transfer of power from older people to younger people is particularly insightful because it highlights the potential of technological advances to break down traditional hierarchical structures and create new opportunities for those  willing to adapt and learn.
 The question of who will be the future rulers is troubling because it implies that there will be winners and losers in this technology war.
 It reminds us that we must recognize the consequences of our actions and strive to build a more fair and equal society in which the benefits of technological advances reach everyone.

You’re correct. Most governments are still walking on eggshells around bitcoin and crypto. They don’t know what to do with it except a lot of them are very much against with the idea of it. There are many conflicts around the world between different nations but I have never heard of crypto being utilized as a leverage against their opponents.
“Market manipulation” through whales does not have anything to do with its adoption. So the answer is no. It would be good to have more people educated about bitcoin but as long as there are rich people and the poor, whales will always exist.

These days, I am planning to start writing the first proposal for a PhD degree, so I looked at the academic programs of universities, and it is really bad. Some of the finer specializations and sub-disciplines are being taught at the bachelor’s or master’s level, so this kind of education will not change anything. If you teach students about Bitcoin and they have a certificate about Bitcoin, it will not change. One thing, students must include the basic concepts in economics, and Bitcoin is one of the solutions, but they must know how the economy works first.

very true. Strong foundational understanding on economics is the very important for students, before they can go into Bitcoin in full. If they lack this basic, they might get stranded along the line while trying to grasp everything concerning Bitcoin. In a more convenient manner, I think finer specialization on courses like Bitcoin should be at the PhD level, were all advanced and technicalities will be taught. issuing cert at the University level might just be enough.

Adoption will not happen as long as these older politicians are in power. They will not allow power to be transferred from their hands to the younger group that has technological experience but no political experience.

It is true that the elderly do not understand anything about technology, and it is difficult or impossible to explain to them exactly what Bitcoin is, but they are very experienced in politics and in the way of managing the country in a centralized way in which they control all its keys, so the only solution comes with time when these people leave and are replaced by young people.

There are plenty more lucrative and less volatile assets like NVIDIA stocks for investments.

Cryptocurrency stage is looking like a kindergarten full of kids who call themself investors but in reality know nothing about investing and just ride the wave of "number goes up" while closing eyes on everything else.

I mean, there's nothing wrong in investing in Bitcoin, but calling it "the best" is far stretched.


You should know Bitcoin is not good for economy as it promotes "not spending", what powers up the economy is the incentive to spend like base inflation in FIAT.
Spending does not mean burn your money on stupid things, it means investing as well.

FIAT money is often seen as devil by cryptocurrency enthusiasts but it's doing it's job well (until it doesn't - hyper-inflations etc) - it's stable enough to use everyday and has enough volatility to incentivize spending it, and this includes investing.

If you see everything black and white, you're not really an investor but a money driven lunatic.

It's not really just economics but also financial literacy that people have got to know. Because even if you think that Bitcoin is just a speculative tool to make people profit, how on earth will you use it properly if you do not know the discipline of an investor?

And most countries are doing a terrible job at teaching kids about financial literacy at the school system level.

Yeah, maybe during our times, like 20-30 years ago, the basic economic principle is being taught in schools or universities and we are glad that we are the generation that really learned a lot from that time. But not it has evolved, we have this opportunity now to have Bitcoin and understand the basic principle and then make a lot of money and apply what we have learn in the previous generations and apply it right now.

And as per what the OP stated, being a long term bitcoin investor could be a must for the majority of us. I mean 2017 could be the golden era of bitcoin. and fast forward we are what like almost 99% of bitcoin already mined? So just image what will be the price in the future, next 3 halvings is going to be huge so we should look long term, invest and be a holder.

While considering a topic like this, the advancement in AI technology, that includes bots and their certain integrations to assist workers and traders in their quest, is one big 'if' to put into consideration with the advancement of bitcoin and cryptocurrencies in general.

I think the financial education of teaching kids about financial literacy is a job for the parents and guardians and seniors who have already come into the wake of Bitcoin and cryptocurrencies and know that it is a reasonable investment that could help them achieve their dreams on time instead of going through the journey of working to gain experience and saving up before they can achieve what their hearts has been set out to do, that's if they don't get swayed by drugs and unfriendly-friends in the nearest future.

Day by day we keep hearing news about what some other people think concerning bitcoin, how they have seen it as a digital means of exchange as well as how some already have tagged it a means of making fraud and financial manipulations by whales, everything differently keeps popping up and we are now having a means to regulate them because we are dealing with social media, with what we have already on group with bitcoin, there's no revolutionary quest or war against the existence of bitcoin to other currencies and there were no casualties, what we are having currently is bitcoin and nothing more, this will still be more relevant in years to come as we haven't seen anything to serve more better than bitcoin has did in digital economy.

I think you're thinking so simply that you can propose but it will be very difficult for the government to do so and take your proposal into consideration.

The government is unlikely to legalize bitcoin without making them a profit so legalization without KYC will obviously be rejected immediately because it will be considered threatening to the government itself so with something like that it is clearly impossible for them to do it.
Decentralization is an issue that is very difficult to reconcile with a government that promotes the centralized system that they use so with this alone we can know that the opposition will continue to exist and legalization without KYC is clearly a nonsense.

There won't be any adoption left if bitcoin is seen as an asset and a money making machine. Bitcoin can only continue growing as a payment system which people use to reach financial sovereignty. That's the "technology" that matters here.

That's kind of a contradiction. Governments are all about control and surveillance. They won't legalize bitcoin without having some degree of control which is where KYC comes in.

Most countries around the world are doing a terrible things in terms of regulatory framework that have limited the privacy features of bitcoin, this is because in most countries there are laws that limits the capability of accessing bitcoin or even outright ban on the technology.

But based on Individuals level, bitcoin have been widely adopted as a stor of value for long term goals without any pressure of possible loses.

If we talk about price, it will have an effect; if we talk about adoption, it will not have an effect.

Countries, through multinationals (big tech companies), when they discover how to operate Bitcoin and win most of the time, will have access to a market that will grow their money and power, bringing more money to the national budget. That’s what I mean. If a tech company does excellently with BTC (mining or trading), the state will collect good taxes from it.

I'm not saying the education system should be cryptographic or something difficult. I'm saying it should be in virtual environments so that the youngest truly understand how computing works and new paths are opened up.

You're a bastard anarchist.

Your response is very sensible and accurate.
I have never stopped to think about who will be the leaders of tomorrow; the people will have to know how to choose.

No need to teach bitcoin, that's not necessary. I mean:
In school, they should teach all subjects relating to a computer.
Example: this is an addition, within a mathematical operation used to understand a process.
In chemistry, this is silicon, what is it used for? to encapsulate a diode.
This is the internet, it is used for communication.
That kind of education, which ultimately aims at blockchain, and then at bitcoin.

I think the people who die are the ones who don't know how to use the coins, they are naive and unsuspecting.

There are many wars going on in the world, it's not all one process with one attribute. For instance, there's Russia's war against Ukraine, my country, and while technologies play a large role in it, it's not the kind of war the op seems to refer to.
If we're talking about the price of Bitcoin, there's nothing to decrypt here because it's not following any algorithm. Bitcoin's price is affected by global events, draft legislation, announcements by influential people, etc., and that all can't be predicted in advance.
Bitcoin is already largely legal (although it depends on a country), and it's a part of educational system in some places (like France).
But in general, I wouldn't call it a war while we live in the world where actual wars with people dying every day are still going on.

The technology I'm referring to isn't just Bitcoin, it's anything that relies on rare earth elements. A transistor, a diode, anything involving a processor. So the technology will be in the hands of those who have those rare earths...

It's only one side of the picture that you've talked about but it's not that easy to decrypt the price of BTc otherwise people would have easily done that and the results would have favoured them. BTc is not predictable especially after the recent incidence of BTCs performance after halving we have seen that the market is so volatile and unpredictable.

There are some unknown factors that are controlling the prices of BTc along with other altcoins and they are still unknown.

As far as I understand Bitcoin has already become very popular and expanding in terms of technology so no country can control Bitcoin but this technological war will not spread too much. Bitcoin will continue to advance in terms of technology even if it is banned. Technology will never happen past wars and people's future is getting better with bitcoin investment. Bitcoin's privacy is further enhancing its features.

It’s true that even if a government bans bitcoin in their country, it will continue to advance and flourish but this doesn’t mean that it will have no consequences

The citizens of that country would have a harder time accessing bitcoin or maybe they wouldn’t be able to at all. They may even face such charges from the country if proven that they have been involved in such activities relating to cryptocurrencies or specifically bitcoin.

I say it depends on the school type. Usually, the private ones are all-around. It can also depend on the educational stage. Usually, a more complex subjects like Computers are usually taught in high school but most of the times in college, though you need to pick this course manually because there are different courses offered in this stage.

Even if there is a computer subject, BTC and Blockchain might still not be covered with that because they are already on a different scale. This is why there are specific courses offered if one wants to learn them. If no one will teach BTC, then who will do it? I believe we still have a less number of teachers about it, so we need more.

If you read the news, there are a few countries that have "adopted" Bitcoin, although with specific requirements. 

Every transaction we do on a cryptocurrency marketplace or exchange earns tax revenue for my nation, Indonesia. But I think that is not fair.

---

1. 2. 3. Your thoughts and replies on education are ambiguous. Bitcoin education comes first, then computing systems, and then electrical systems. With the exception of Bitcoin, all of the subjects that you listed are already covered in our schools and colleges. People might just participate in a course online to learn more about it.