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Bitcoin => Bitcoin Discussion => Topic started by: kabum21 on September 23, 2018, 02:09:50 AM



Title: You think we're deviating from bitcoin's philosophy?
Post by: kabum21 on September 23, 2018, 02:09:50 AM
Haven’t people thought that we are deviating a little from what bitcoin intended to be? just need to see the first pages of the forum to realize that the discussions focused more on “which crypto will generate more money in X amount of time” or “it is good to invest Y amount of money in Z currency”. Of course, I do not think this is bad, because, in the end, investors and adoption for different reasons benefit bitcoin, but I think we are moving a bit away in the goal that Satoshi had when he put his words in the bitcoin whitepaper, and how do not do it? if is so easy to get lost in the FUD, FOMO, and a cloud of thoughts, at least once a week I have to read the bitcoin whitepaper to try to not lose the way.

Maybe I’m just exaggerating but I’ll love to hear your opinions.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: erickkyut on September 23, 2018, 02:18:26 AM
Technically, yes we are but I think it is more of evolution. Bitcoin and other cryptocurrencies are evolving. Many investors saw its potential so we are just maximizing the possibilities. It is also a good thing because it helps promote Bitcoin and altcoins. The important thing is we know how to properly use it and not to use it on any crimes.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: figmentofmyass on September 23, 2018, 02:39:24 AM
sure. the early bitcoin users were mostly cypherpunks. the emphasis was on trustlessness, decentralization, cryptography and privacy. today, most newcomers are investors---they don't understand the technology and operate mostly off buzzwords. it's annoying, but i think it's also part of the original design. i can't find the quote, but i'm pretty sure satoshi acknowledged that if it ever caught on, BTC would become extremely valuable.

after climbing from $0 to $20k, it's only rational that some people are chasing the price. it's a distraction, but it's also a natural side effect of exponential network growth.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: pooya87 on September 23, 2018, 02:44:58 AM
in a way you are correct because this has happened as some people forgot that bitcoin was meant to be a currency not other things including a get rich quick scheme, store of value,... but you should not forget that usually what you read on forums is not representing the whole community specially this forum that is filled with newbies and spammers. basically what happens is that those who are in bitcoin for real reasons aren't so vocal so you don't see or hear them around here but the newcomers, specifically those looking to get rich quick, are the ones who are so vocal so what you see most is them and their confusion about why they haven't become a millionaire yet!


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: kabum21 on September 23, 2018, 02:46:24 AM
sure. the early bitcoin users were mostly cypherpunks. the emphasis was on trustlessness, decentralization, cryptography and privacy. today, most newcomers are investors---they don't understand the technology and operate mostly off buzzwords. it's annoying, but i think it's also part of the original design. i can't find the quote, but i'm pretty sure satoshi acknowledged that if it ever caught on, BTC would become extremely valuable.

after climbing from $0 to $20k, it's only rational that some people are chasing the price. it's a distraction, but it's also a natural side effect of exponential network growth.

Yeah i remember that part too, same as mining and the reason of the limited supply, all aimed to increase the value of the coin


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: kabum21 on September 23, 2018, 02:49:33 AM
in a way you are correct because this has happened as some people forgot that bitcoin was meant to be a currency not other things including a get rich quick scheme, store of value,... but you should not forget that usually what you read on forums is not representing the whole community specially this forum that is filled with newbies and spammers. basically what happens is that those who are in bitcoin for real reasons aren't so vocal so you don't see or hear them around here but the newcomers, specifically those looking to get rich quick, are the ones who are so vocal so what you see most is them and their confusion about why they haven't become a millionaire yet!

Hmm, good insight, we often lock ourselves in an echo chamber, maybe I should visit other forums to see different opinions too, but is hard to get out of a comfort zone.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: fuer44 on September 23, 2018, 03:01:43 AM
a good thought, we all even all bitcoin investors are never aware of it. whitepaper and road map are so important for ico to attract invetsor interest, and why isn't bitcoin? is it because the value has grown far enough? I do not think so. all of that because bitcoin is decentralized and not centralized like ico. if it's made like that, I think bitcoin will grow even better.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: o_e_l_e_o on September 23, 2018, 06:52:15 AM
Haven’t people thought that we are deviating a little from what bitcoin intended to be?

I don't think Bitcoin is deviating, but aspects of the community certainly are.

As has been pointed out above, you do get a skewed view of the community here because the spambies outnumber genuine users by 100 or more to 1. These spambies will never bother to sit down about read Bitcoin's whitepaper. Most of them don't even read the whitepaper of whatever trash ICO they are shilling.

It's to be expected with such a large price jump over a few short years. Plenty of people buy stocks and shares in companies without really understanding what they do. It's a side effect of going mainstream.

Best we can do is ignore the spammers, and continue to work with and use Bitcoin as was intended.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: aoluain on September 23, 2018, 07:25:51 AM
Personally i think Satoshi had envisioned this would happen to bitcoin. The mind
which could create bitcoin surely could figure how people would react to a rise
in value and if so, he was right.

It is a decentralised entity so it is only natural that it be used in whatever way the
majority decide, it is indeed like evolution.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: franky1 on September 23, 2018, 07:29:39 AM
putting aside the social /community attitudes.

if you concentrate on the code/network affect of what developers are doing to the actual network. that too is actually deviating away from the original ethos of what bitcoin was about

decentralised
 is becoming a monarchy codebase (core reference client) that is distributed.
we have lost the diverse code bases of multiple teams separately making full nodes. hense why this months 'bug' has proven to be a risk. decentralised and distributed are 2 different things

borderless
 is becomeing walled up and bordered. we seen the fee mechanism ripped out. causing a fee war, which has caused a barrier of entry to 3rd world countries where the fee of even just 5cents+ is more than a hours labour for some countries. thus they have been chucked to the side.
the monarchy/hierarchy mindset of trusting core has made a barrier of consensual unity of different idea's. instead theres now a singular roadmap that the community fight over and created a barrier where if people dont like the monarchy's roadmap they are told to cross the border and use something else "F**k off" basically (ill let you decide if **= UC or OR)

permissionless
with developers themselves saying bitcoin is broke and cant scale but commercial side services are the future, requiring smart contracts of co-signing parters, is eroding the permissionless part of handling funds. also the reliance people have of preferring to have funds held by custodians. and ofcourse where new developers and interested parties now have to leap through a 3 hop process of moderated venues just to get a code proposal listed before it even reaches the 'reference' client

..
we need to get things back to the simpler more diverse times of 2009-2013 where things were not so manipulated/influenced by certain entities. as bitcoin was never supposed to put anyone into a referential, preferential higher pedestal as anyone else


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: SventraPapere on September 25, 2018, 07:28:51 PM
Yes, I noticed a departure from the main topic. Everyone is discussing bitcoins alive or dead, completely forgot about the main thing! Promotion and earnings! The second without the first does not work! We urgently need to switch from discussing gossip, to discussing and working out a new strategy for conducting transactions to change the market to the green side.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: chickenado on September 25, 2018, 07:33:53 PM
Yes, I noticed a departure from the main topic. Everyone is discussing bitcoins alive or dead, completely forgot about the main thing! Promotion and earnings! The second without the first does not work! We urgently need to switch from discussing gossip, to discussing and working out a new strategy for conducting transactions to change the market to the green side.

Yes that would be a great idea to look forward for mate, let's end those blaming or speculating about negative side which isn't certain for bitcoin because it really make the situations more worst in crypto. In order to help the community grow much stronger we must find better ways to improve our situations right now, and I think changing or diverting every negative mind settings into a brilliant thinking that will help alleviate crypto reputations to 100% trustworthy.   


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Muheng on September 25, 2018, 07:47:56 PM
I think that seeking profit from bitcoin is not a mistake, but this is not the main goal of bitcoin because the main purpose of bitcoin is simply to improve the financial system that has existed so far


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: javadsalehi on September 25, 2018, 09:37:53 PM
Bitcoin has been created to be a currency. But what is happening now is completely normal.  I mean the price rise is inevitable and we cannot claim those who are trying to use this opportunity.
Assume that bitcoin price was 1 dollar when it was created and it is now 1 dollar now. The total market cap is only 21 million dollar. Can it be a global currency?
Bitcoin needs to have more market capitalization to become a global currency. As the total supply is limited, so the price must rise to reach that goal.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: doolittle on September 25, 2018, 10:52:04 PM
Personally i think Satoshi had envisioned this would happen to bitcoin. The mind
which could create bitcoin surely could figure how people would react to a rise
in value and if so, he was right.

It is a decentralised entity so it is only natural that it be used in whatever way the
majority decide, it is indeed like evolution.
Indeed, Satoshi Nakamoto had to assume that with increasing demand and rising prices, its speculative component will grow. He had to calculate that moment. This is really a very outstanding mind of my time. I do not consider myself a cryptogic, I am the same as many. I want to make money on cryptocurrency. Each person has his own ways of solving the tasks.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: MarkCook777 on October 12, 2018, 07:46:22 PM
Personally i think Satoshi had envisioned this would happen to bitcoin. The mind
which could create bitcoin surely could figure how people would react to a rise
in value and if so, he was right.

It is a decentralised entity so it is only natural that it be used in whatever way the
majority decide, it is indeed like evolution.
Indeed, Satoshi Nakamoto had to assume that with increasing demand and rising prices, its speculative component will grow. He had to calculate that moment. This is really a very outstanding mind of my time. I do not consider myself a cryptogic, I am the same as many. I want to make money on cryptocurrency. Each person has his own ways of solving the tasks.
And if we see the day when bitcoin completely replace our usual money. It will not be so that there will be bitcoin banks that will issue loans. And everything will return back. you have a wallet electronic.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: dothebeats on October 12, 2018, 08:00:29 PM
I think we're not, but perhaps the common values of what a bitcoin enthusiast must possess is somewhat inching away from its original state. But overall, bitcoin's philosophy still lives, as it's still decentralized, trust-less and an efficient form of currency and it still allows the un-banked to have a say on the growing problems on the economy. The speculative purpose of bitcoin will never be taken away, given that there is still money to be made and there are still players who are only focused on such.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: randythered on October 12, 2018, 09:04:06 PM
Haven’t people thought that we are deviating a little from what bitcoin intended to be? just need to see the first pages of the forum to realize that the discussions focused more on “which crypto will generate more money in X amount of time” or “it is good to invest Y amount of money in Z currency”. Of course, I do not think this is bad, because, in the end, investors and adoption for different reasons benefit bitcoin, but I think we are moving a bit away in the goal that Satoshi had when he put his words in the bitcoin whitepaper, and how do not do it? if is so easy to get lost in the FUD, FOMO, and a cloud of thoughts, at least once a week I have to read the bitcoin whitepaper to try to not lose the way.

Maybe I’m just exaggerating but I’ll love to hear your opinions.

I think you're entirely right but there's little that can be done to stop it now. Bitcoin will only be returned to those who truly care for its philosophy once the price falls dramatically and people no longer see it as a cash cow. I wish it were possible for both to coexist but as long as people are pursuing profit over adoption then bitcoin will struggle to live up to what Satoshi had envisaged.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: oseikuf44 on October 12, 2018, 09:17:45 PM
Absolutely on point since I have come to know a lot of people that claim to be crypto gurus yet running a ponzi scheme with bitcoins and other cryptocurrency as a sure investment , meanwhile we all know bitcoins don't give out consistent profit from holding it.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Ozero on October 20, 2018, 05:00:11 AM
Haven’t people thought that we are deviating a little from what bitcoin intended to be? just need to see the first pages of the forum to realize that the discussions focused more on “which crypto will generate more money in X amount of time” or “it is good to invest Y amount of money in Z currency”. Of course, I do not think this is bad, because, in the end, investors and adoption for different reasons benefit bitcoin, but I think we are moving a bit away in the goal that Satoshi had when he put his words in the bitcoin whitepaper, and how do not do it? if is so easy to get lost in the FUD, FOMO, and a cloud of thoughts, at least once a week I have to read the bitcoin whitepaper to try to not lose the way.

Maybe I’m just exaggerating but I’ll love to hear your opinions.
Yes, surely Satoshi Nakamoto did not prepare such a bitcoin fate. He did not create it as a speculative means of accumulating value. He created an alternative payment system, and with this, for the time being, Bitcoin does not make everything up. The infrastructure for using Bitcoin as a means of payment is practically being created very slowly. I think Satoshi would be unhappy with the current situation using Bitcoin.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: daarul50 on October 20, 2018, 05:11:54 AM
I do not think so. But, we have to remind those who have gone out of the real bitcoin path so that they only use bitcoin or other cryptos as an instant enrichment tool. It is far from the main goal of bitcoin with a decentralized system that is changing the state of bank transactions to be easier and more efficient without having to relate to any party.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Gloverwrt on October 20, 2018, 05:19:00 AM
Unfortunately accurate. Most people complain about merchants hindering the mass adoption of bitcoin by not making bitcoin payment readilly available or using processors where they are, but there no massive demand for bitcoin payment in the places it is available.
People now invest for profit and not the product.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: pawanjain on October 20, 2018, 07:48:22 AM
You are right but you know most of the people are just here for the sake money. Very few are actually here because they believe in the technology.
Satoshi's view for bitcoin was that it becomes a globally accepted currency eliminating any middle man in between their transactions. But people are using it as an asset and hence it is a decentralized currency the volatility increases it's price, profiting the investors. A large part of the community is here just to trade and gain more money. There is pretty much nothing we could do about it because of the negative publicity of bitcoin.
Let's see how it goes forward. I am really excited to see how a world changing currency ends up survives  :).


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: TheUltraElite on October 20, 2018, 08:48:06 AM
Unfortunately accurate. Most people complain about merchants hindering the mass adoption of bitcoin by not making bitcoin payment readilly available or using processors where they are, but there no massive demand for bitcoin payment in the places it is available.
Merchants dont have a direct role in the adoption of bitcoin. They can make it popular such that people learn about it and that they are inquisitive about this new system of payment. This can help in the adoption but a mass marketing of bitcoin is far from there. Those who actually know of bitcoin from merchants would want to know the legal things about it and the exchange possibility. Hence there they will face a blockade since bitcoin has been banned in a few countries and there is FUD all over the internet.

They need a continuous exposure and hammering to get the importance of bitcoin imbibed in them.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Natsuu on October 20, 2018, 08:59:17 AM
I think we're not, but perhaps the common values of what a bitcoin enthusiast must possess is somewhat inching away from its original state. But overall, bitcoin's philosophy still lives, as it's still decentralized, trust-less and an efficient form of currency and it still allows the un-banked to have a say on the growing problems on the economy. The speculative purpose of bitcoin will never be taken away, given that there is still money to be made and there are still players who are only focused on such.

Well I guess decentralization is the only thing we have from bitcoin's initial form.
While I don't see nothing bad from using it as an asset and less than a currency. Little do we know Satoshi is happy that his bitcoin turn to something more useful. Bitcoin turned out to be versatile.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: oceantiger on October 20, 2018, 09:00:06 AM
I am thinking in the same direction with this post. We are really moving away from the initial fundamental of Bitcoin. You can even read  people even suggesting that bitcoin should be centralized if that will make the government less their attack on bitcoin. I came to ask myself if bitcoin loss decentralization then it is gone because that(centralization) is its main stay. From the white paper bitcoin is never meant for investment rather it was for P2P transactions without the interference of a third party but now we are hoarding waiting for price rise to make so much gain. Hope we retrace our steps back not to kill the concept of bitcoin.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: xbossJ on October 20, 2018, 09:20:12 AM
Every project that came after $Bitcoin, has only sort to deviate from the $Bitcoin ideology. It is good that $Bitcoin ushered in Blockchain technology; it was meant to be a tool to keep transactions online discreet and convenient, it was meant to cushion the effects of ailing and failing financial systems, it was meant to introduce privacy to the lives of those who meant well without criminalizing it, it was meant to be an economic tool that guarantees equality and transparency, it was meant to introduce a distributed system of equal rights, these days most coin creators are monopolizing the idea behind blockchain, some have introduced greed into the equation, others create coins without taking into cognizance the "Anti inflationary" mechanism, others have used the good of the technology to bring in scams. Overall the ideology behind $Bitcoin is being rubbished by those employing blockchain as a technology.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: aoluain on October 20, 2018, 02:48:51 PM
Haven’t people thought that we are deviating a little from what bitcoin intended to be? just need to see the first pages of the forum to realize that the discussions focused more on “which crypto will generate more money in X amount of time” or “it is good to invest Y amount of money in Z currency”. Of course, I do not think this is bad, because, in the end, investors and adoption for different reasons benefit bitcoin, but I think we are moving a bit away in the goal that Satoshi had when he put his words in the bitcoin whitepaper, and how do not do it? if is so easy to get lost in the FUD, FOMO, and a cloud of thoughts, at least once a week I have to read the bitcoin whitepaper to try to not lose the way.

Maybe I’m just exaggerating but I’ll love to hear your opinions.

Its actually a good plan to re-read the whitepaper to refresh ourselves.
While spending time on the forum and reading so many threads it is
easy to get sidetracked.

We a know bitcoin has branched into both a payment system and a
Form of speculation/investment but its the talk here which can cloud
our ideas and thoughts.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: TheUltraElite on October 21, 2018, 06:05:05 AM
I am thinking in the same direction with this post. We are really moving away from the initial fundamental of Bitcoin. You can even read  people even suggesting that bitcoin should be centralized if that will make the government less their attack on bitcoin.
Where exactly did you hear this? Or are just making up bullshit propaganda from hearsay rumors of weedloves who dream of zombie apocalypses in their vivid hallucinogenic dream? Cite a source for this or GTFO. ::)

Quote
I came to ask myself if bitcoin loss decentralization then it is gone because that(centralization) is its main stay.
Centralized coins are subject to control by centralized agencies. A good example would be Ripple and how its manipulated in price.

Quote
From the white paper bitcoin is never meant for investment rather it was for P2P transactions without the interference of a third party but now we are hoarding waiting for price rise to make so much gain.
Since it is an asset there is no problem to use it as an investment. People see the future in bitcoin and hence bullish on it. Whats the big deal about that having to do with ideology?

Quote
Hope we retrace our steps back not to kill the concept of bitcoin.
Stop reading too much of r/bitcoin ;D


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: hitrawal91 on October 21, 2018, 10:26:36 AM
Haven’t people thought that we are deviating a little from what bitcoin intended to be? just need to see the first pages of the forum to realize that the discussions focused more on “which crypto will generate more money in X amount of time” or “it is good to invest Y amount of money in Z currency”. Of course, I do not think this is bad, because, in the end, investors and adoption for different reasons benefit bitcoin, but I think we are moving a bit away in the goal that Satoshi had when he put his words in the bitcoin whitepaper, and how do not do it? if is so easy to get lost in the FUD, FOMO, and a cloud of thoughts, at least once a week I have to read the bitcoin whitepaper to try to not lose the way.

Maybe I’m just exaggerating but I’ll love to hear your opinions.
I don't think so we are deviating any philosophy of satoshi nakamoto.I have also read bitcoin whitepaper offcourse not as many times as you ;) but yes you concern is right but my thinking is we can't evolve or make more and more people adopt bitcoin without generating more and more profits.Soo people asking this is because they cant ask anything regarding what is there in bitcoin whitepaper.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Dudeperfect on October 21, 2018, 01:53:37 PM
Unfortunately, we are giving first preference to speculation activities instead of focusing on the core elements of Bitcoin and cryptocurrency. Bitcoin has the ability to optimise the financial infrastructure that can yield high returns as compared to that of speculation and we work in order to improve the utility value of it. I am not against speculation but that should not be the first priority if we really care about this innovation.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Desscount on October 21, 2018, 01:59:36 PM
Haven’t people thought that we are deviating a little from what bitcoin intended to be? just need to see the first pages of the forum to realize that the discussions focused more on “which crypto will generate more money in X amount of time” or “it is good to invest Y amount of money in Z currency”. Of course, I do not think this is bad, because, in the end, investors and adoption for different reasons benefit bitcoin, but I think we are moving a bit away in the goal that Satoshi had when he put his words in the bitcoin whitepaper, and how do not do it? if is so easy to get lost in the FUD, FOMO, and a cloud of thoughts, at least once a week I have to read the bitcoin whitepaper to try to not lose the way.

Maybe I’m just exaggerating but I’ll love to hear your opinions.


yes, you are exaggerating, because you joined a bounty campaign ...
I think we will always go with the flow because technology is getting more sophisticated today. and talking for bitcoin, there are lots of shitcoin that want to resemble bitcoin with all its innovations but until now none of them have been truly reliable.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: hatshepsut93 on October 21, 2018, 02:29:06 PM
Perhaps it's just a phase, new inventions often go through they hype phase when people think how to use them how to get rich. Internet had dotcom bubble, cryptocurrencies have alts and ICO bubble. Eventually speculation will decline and people will become more focused on making money with Bitcoin by doing business instead of just speculating.

So, I don't think that what we're seeing now is strictly against the values of Bitcoin, this is just a natural free market process, and Bitcoin's philosophy is based on free market and game theory.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Hivalley on October 21, 2018, 02:53:41 PM
No user on this forum can deny the fact that he/she had earning money at the back of his/her mind before joining in this network,so I do not see anything wrong in using the bitcoin as a means of earning some amount of money,investmen/trading is also one of the most important aspects of this network,without it the system would not grow, and there will be no mass adoption whatsoever

Definitely this forum is doing it's own bit to promote the network,the system is still decentralized with no government regulations whatsoever,i really do not understand the deviation you're talking about


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: BrewMaster on October 21, 2018, 02:58:38 PM
Perhaps it's just a phase,

^ this
but i believe that this is not a phase that goes away. it is more like a cyclical phase. and it happens every now and then with every rally and it is most palpable during the ATH bubbles because by that time there is the most number of people in bitcoin that are in it because of the profit they dreamed of.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: 131tc01n on October 21, 2018, 04:41:11 PM
Technically, yes we are but I think it is more of evolution. Bitcoin and other cryptocurrencies are evolving. Many investors saw its potential so we are just maximizing the possibilities. It is also a good thing because it helps promote Bitcoin and altcoins. The important thing is we know how to properly use it and not to use it on any crimes.
absolutely right, the important thing is that we can use it wisely and don't need to follow the bad steps that others do. We cannot change what others do but we can change ourselves, do it according to what is in the bitcoin whitepaper, what is its vision and mission, no need to follow the wrong steps of others


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: TheUltraElite on October 22, 2018, 06:37:59 AM
yes, you are exaggerating, because you joined a bounty campaign ...
The more money that goes into the altcoins (in this case time) the more stubborn shills will become about supporting it. Because their money depends on it and they wont make any returns if others done enter into it. Simple logic.

Quote
I think we will always go with the flow because technology is getting more sophisticated today. and talking for bitcoin, there are lots of shitcoin that want to resemble bitcoin with all its innovations but until now none of them have been truly reliable.
Shitcoins only show that bitcoin cannot be dethroned as the reigning king of crypto. They will always be second to bitcoin.

Eventually speculation will decline and people will become more focused on making money with Bitcoin by doing business instead of just speculating.
That would take a lot of time. If there are bans and regulation put in everyday people become afraid to use their coins. Not in all countries though. Many are relaxed about their rules and accept crypto payments. A good comparison with the domain name bubble I must say. :)


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: coinwizard_ on October 22, 2018, 06:40:31 AM
The result of satoshi's vision is to gain worldwide acceptance of his decentralised currency. However there wont be much interest unless there is huge profits involved. I'd say it is working so far


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: minhlee95 on October 22, 2018, 12:20:23 PM
Bitcoin is now really much more actively used as an investment, but I do not see anything wrong with that. Bitcoin as a currency still continues to evolve and improve, which means we will use it exactly as intended.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: tiktak89 on October 22, 2018, 12:47:02 PM
Now bitcoin is significantly strengthened through active investment in it. If most people did not want to make a profit from it, it would not have developed to such an extent and would not have become popular, respectively, and over it would not have been.



Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Udrujec on October 22, 2018, 01:08:02 PM
The main thing is that bitcoin is actively used. Yes, now it is a very profitable investment, but I am sure that its success as a currency will definitely come to him, just a little later.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: abanansah on October 22, 2018, 01:13:37 PM
I think we are deviating from bitcoins philosophy of serving as a peer to peer transfer of money across the internet to something different, to be precise, quick money back investment schemes and promising of unrealistic profit from greedy people that is conveying different thing bitcoins was meant to be.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: cetald on October 22, 2018, 01:31:49 PM
Haven’t people thought that we are deviating a little from what bitcoin intended to be? just need to see the first pages of the forum to realize that the discussions focused more on “which crypto will generate more money in X amount of time” or “it is good to invest Y amount of money in Z currency”. Of course, I do not think this is bad, because, in the end, investors and adoption for different reasons benefit bitcoin, but I think we are moving a bit away in the goal that Satoshi had when he put his words in the bitcoin whitepaper, and how do not do it? if is so easy to get lost in the FUD, FOMO, and a cloud of thoughts, at least once a week I have to read the bitcoin whitepaper to try to not lose the way.

Maybe I’m just exaggerating but I’ll love to hear your opinions.

Bitcoin does not deviate from its path. He just has such a period of development. To use bitcoin as a means of payment, it must be less volatile. However, he now behaves quite steadily. I hope this will continue. The only problem is that many expect bitcoin growth rather than developing it as a means of payment.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Dexion on October 22, 2018, 01:36:07 PM
yes, the crypto world is a trade, investment, strategy, holding, buying, and selling, and in the future crypto will be a legal transaction tool.

if you are FOMO or panic, then you should often read a bitcoin guidebook, because bitcoin is the parent of crypto.

then, you can also join the crypto community to get the knowledge that will eliminate FOMO and your panic.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: The_Tick on October 22, 2018, 03:22:25 PM
I don't think it has deviated from its original purpose, even if people seem to only recognize its potential for profit.
I believe bitcoin and other methods of decentralization  are meant to give people more freedom, and financial freedom also fits the bill.

Associating something with extraordinary profit a great strategy to get people attracted to something and grow its use.
The next step is to use the same technology that made bitcoin possible, blockchain, to redesign society to allow for freedom in all its forms, not just financial.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: TheUltraElite on October 23, 2018, 08:10:37 AM
The result of satoshi's vision is to gain worldwide acceptance of his decentralised currency. However there wont be much interest unless there is huge profits involved. I'd say it is working so far
It was never considered to be something to give "huge profits". That came as a secondary usefulness for people who were early investors. This would not have happened if bitcoin was not created in the way it was by Satoshi. Though I feel he knew that deflation would gradually cause the price to rise and not stay stagnant. Still the high profit of crypto did make it a modus operandi for luring victims and scamming them by malicious individuals.

I think we are deviating from bitcoins philosophy of serving as a peer to peer transfer of money across the internet to something different, to be precise, quick money back investment schemes and promising of unrealistic profit from greedy people that is conveying different thing bitcoins was meant to be.
That is a ponzi scheme or a HYIP/MLM at its best. No such investment scheme gives such high profits in short time without getting scammed.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: ixtreme1gaming on October 23, 2018, 12:06:31 PM
The best thing about cryptocurrencies is that they use cold, hard math and cryptography to replace human "trust" as a part of the relative "intrinsic" value of cryptocurrency. And we all know that humans generally cannot be trusted. But cold, hard math and cryptography CAN be trusted.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Treasurer on October 23, 2018, 06:56:25 PM
I don't think it has deviated from its original purpose, even if people seem to only recognize its potential for profit.
I believe bitcoin and other methods of decentralization  are meant to give people more freedom, and financial freedom also fits the bill.

Associating something with extraordinary profit a great strategy to get people attracted to something and grow its use.
The next step is to use the same technology that made bitcoin possible, blockchain, to redesign society to allow for freedom in all its forms, not just financial.

The extraordinary profit of Bitcoin in early 2018 attracted a huge number of people to the crypto market, making many poor. Many of them didn't even understand what kind of technology it was and why they were unlucky. Therefore, I think everyone should understand the technology before investing money.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Blocktopian88 on October 23, 2018, 06:59:05 PM
God knows if we are building it while destroying it, or we are destroying it while marking it perfect.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: kabum21 on October 26, 2018, 12:33:19 AM
I don't think it has deviated from its original purpose, even if people seem to only recognize its potential for profit.
I believe bitcoin and other methods of decentralization  are meant to give people more freedom, and financial freedom also fits the bill.

Associating something with extraordinary profit a great strategy to get people attracted to something and grow its use.
The next step is to use the same technology that made bitcoin possible, blockchain, to redesign society to allow for freedom in all its forms, not just financial.

The extraordinary profit of Bitcoin in early 2018 attracted a huge number of people to the crypto market, making many poor. Many of them didn't even understand what kind of technology it was and why they were unlucky. Therefore, I think everyone should understand the technology before investing money.

Yeah, that's my opinion as well, luckily information is spreading around more than ever, and we have tons of youtube tutorials/blogs and even this forum to learn what we want to know about the blockchain and cryptos, sadly people always is gonna fall for the greed trap, but I hope that they have learned their lesson by now.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: becak mesin on October 26, 2018, 01:28:50 AM
"but I think we are moving a bit away in the goal that Satoshi had when he put his words in the bitcoin whitepaper,"


I am little bit confuse about that word above, I don't catch the point of that. Can you explain clearly or specifically about that words?
In what way we are deviating the philosophy of Bitcoin.

I never think that people are not deviating the philosophy of Bitcoin because Crypto currency is freedom. It is a new ways of getting and earning more profit. Associating of money industry and technology improvement is done in crypto currency. People are free to mean and define about crypto currency because it is now becoming a speculation or even investment. It is difficult to deal with both terms to define Bitcoin.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: judeafante on October 26, 2018, 01:39:17 AM
Maybe because the supply is very limited and it's hard to generate more because of the company mining it, and everyone puts value on it and everybody wants to acquire compared to dollar where you can resupply, you can only do this if you will fork Bitcoin and many coins are forked of Bitcoin but they are not gaining support enough to topple Bitcoin.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Minhxx on October 26, 2018, 07:49:33 AM
I think the market is still growing although not as anticipated but I believe this is a stepping stone for us and it will remove the weak ones.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: passeroutpass on October 26, 2018, 08:24:45 AM
The pursuit of money has long been the main goal for most people. The fact is that at present this is happening in almost all spheres of activity. Capitalism is actively promoted and therefore actively developed.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: beami on October 26, 2018, 08:31:01 AM
Haven’t people thought that we are deviating a little from what bitcoin intended to be? just need to see the first pages of the forum to realize that the discussions focused more on “which crypto will generate more money in X amount of time” or “it is good to invest Y amount of money in Z currency”. Of course, I do not think this is bad, because, in the end, investors and adoption for different reasons benefit bitcoin, but I think we are moving a bit away in the goal that Satoshi had when he put his words in the bitcoin whitepaper, and how do not do it? if is so easy to get lost in the FUD, FOMO, and a cloud of thoughts, at least once a week I have to read the bitcoin whitepaper to try to not lose the way.

Maybe I’m just exaggerating but I’ll love to hear your opinions.

Bitcoin does not deviate from its path. He just has such a period of development. To use bitcoin as a means of payment, it must be less volatile. However, he now behaves quite steadily. I hope this will continue. The only problem is that many expect bitcoin growth rather than developing it as a means of payment.


That's right, most do want bitcoin to be more developed and have a function that is always alive. Bitcoin is one technology that will continue to grow and have more benefits than that. In a long time, bitcoin will continue to move, having more value than we think.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Nicholson55 on October 26, 2018, 08:36:34 AM
Yes, probably in some ways we are but it is also evolving... and with evolution and growth comes change, which can also mean to the philosophy. Now, I am not agreeing with the change and still believe education is the key to a good investor but some disagree I know


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: TheUltraElite on October 27, 2018, 08:12:40 AM
God knows if we are building it while destroying it, or we are destroying it while marking it perfect.
Stop posting bullshit generic posts, idiotic shitposter.

I think the market is still growing although not as anticipated but I believe this is a stepping stone for us and it will remove the weak ones.
Thats true for every market and everyday that trading happens. Its not what is important in the vision of bitcoin. Weak hands will lose their money and if governments scare people away from it, they will sell off their coins. Its not much of a big deal.

The pursuit of money has long been the main goal for most people. The fact is that at present this is happening in almost all spheres of activity. Capitalism is actively promoted and therefore actively developed.
Bitcoin was made in an anticapitalist ideology. I dont know how far this was actually successful, because the capitalists are also the biggest brains and the biggest receptors of change. They will themselves  buy bitcoin from their cash and thus take part in crypto.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: goldSkylark on October 29, 2018, 01:02:46 AM
Yes, probably in some ways we are but it is also evolving... and with evolution and growth comes change, which can also mean to the philosophy. Now, I am not agreeing with the change and still believe education is the key to a good investor but some disagree I know

I agree that bitcoin and the concept of cryptocurrency is evolving. How can it remain stagnant when society is at a stage of learning it, embracing it and discovering its many benefits and uses? Sure, others get sidetracked with profit possibilities, but perhaps the technology could speak for itself? Once we’re fed up with the traditional banking system, for sure everyone will be clamoring for crypto. Do you agree?


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: James_Cline on October 29, 2018, 01:24:05 AM
I agree with the others. Bitcoin is still evolving. Are we deviating from its philosophy? Possible. Especially now that there's a focus on it as an investment. But since it is a process, hopefully, we will get to where we need to be --and that is a safe and secure place where we can effortlessly be a cashless society led by a fully functioning digital currency.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: kabum21 on October 29, 2018, 10:24:51 PM
I think we are putting a lot of confidence in the common citizen, remember that there are many companies and whales that manipulate the market behind the scenes, what I fear is that powerful whales behind bitcoin, never let it stabilize and it became always a currency that is used for speculation, something that would be really regrettable for such a promising technology.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: kwakgyimah on October 31, 2018, 10:17:49 PM
It is complicated though, I dont think most members of the forum have access to the forum or have had the chance to read the bitcoin whitepaper. I believe their deviation from the core vision of bitcoin as speculated by Satoshi is merely due to ignorance. I dont think people are intentionally deviating from  bitcoin's philosophy hence we need more education on the whitepaper.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Rozita on October 31, 2018, 10:27:57 PM
Bitcoin is an asset which its price will likely rise. This is what many people expect. It's normal people are thinking about the profit they can make using this opportunity. Bitcoin will be finally used for what it has been created.
Consider Facebook. Many people are using that and are enjoying. But there were many people bought its shares at low price for big profit. Bitcoin is the same.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Aponkye1 on October 31, 2018, 10:56:37 PM
Well in a way yes in the sense that bitcoin was created to serve as another mode of payment system but it is being used more as an asset than a medium of conducting transactions. However, we must not give up hope since such a change within our traditional financial systems could take time but we know that in the future things will get better.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: muncuss on October 31, 2018, 11:56:15 PM
Maybe because the supply is very limited and it's hard to generate more because of the company mining it, and everyone puts value on it and everybody wants to acquire compared to dollar where you can resupply, you can only do this if you will fork Bitcoin and many coins are forked of Bitcoin but they are not gaining support enough to topple Bitcoin.
you are right. bitcoin created to be an asset than a currency/medium exchange. Proof of Work causing centralized mining and limited supply is not suitable for a currency/medium exchange coz number of ppl will always growing more and in the end will be not enough satoshi for all people to hold it


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: TheUltraElite on November 01, 2018, 07:34:26 AM
It is complicated though, I dont think most members of the forum have access to the forum or have had the chance to read the bitcoin whitepaper.
If someone is going to put their money into some new project they should read the whitepaper. Although bitcoin has become so popular, yet it is true that many people never actually read the original whitepaper of bitcoin before buying it or supporting it. But that did also shape the basis of starting other projects based on ICOs.

Quote
I believe their deviation from the core vision of bitcoin as speculated by Satoshi is merely due to ignorance.
There literally has been no deviation. This thread has become a shitposting tavern like the thousand other threads in this section.

Quote
I dont think people are intentionally deviating from  bitcoin's philosophy hence we need more education on the whitepaper.
Education of whitepaper does not make any sense. We should propose that people do read the whitepaper and understand the philosophy better. However not everyone's acumen is the same. :D


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: maxilopez on November 01, 2018, 11:39:22 AM
we really chose the wrong path that preached Satoshi and it seems to me that this is not the right choice


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: jaloto on November 02, 2018, 11:06:15 AM
Yes, we are, but that's just because we discover and maximize its opportunities. It's a natural process. As long as bitcoin and its technology develop, they will bring new opportunities and new focuses on how to use them. It is not bad, it’s just the next stage of development.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: rosemary4u on November 02, 2018, 12:40:18 PM
The result of satoshi's vision is to gain worldwide acceptance of his decentralised currency. However there wont be much interest unless there is huge profits involved. I'd say it is working so far
You are right, that is exactly what I was thinking about. I believe we are still focus on spreading the good news of bitcoin to the rest of the world. I think bitcoin enthusiasts have not deviated from the core philosophy behind bitcoin. There are many issues such as government interferences that is hindering the progress of bitcoin across the globe.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: sinkfish on November 02, 2018, 01:39:35 PM
sure. the early bitcoin users were mostly cypherpunks. the emphasis was on trustlessness, decentralization, cryptography and privacy. today, most newcomers are investors---they don't understand the technology and operate mostly off buzzwords. it's annoying, but i think it's also part of the original design. i can't find the quote, but i'm pretty sure satoshi acknowledged that if it ever caught on, BTC would become extremely valuable.

after climbing from $0 to $20k, it's only rational that some people are chasing the price. it's a distraction, but it's also a natural side effect of exponential network growth.

when come to money. it can corrupt anyone.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: sublime5447 on November 02, 2018, 06:04:35 PM
I don't think there is anything wrong with that, Satoshi-sama have thought that the value growth can be used as an investment tool, but in the practice it occurs that the movements are wilder than they usually do. Like the USD, when the price rise, the holders of the USD will go straight to exchange it into local currency even though the initial purpose of creating USD wa (http://renovasi-rumah.net)sn’t for this but it was a common thing for us to do.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: kabum21 on November 02, 2018, 06:38:48 PM
It is complicated though, I dont think most members of the forum have access to the forum or have had the chance to read the bitcoin whitepaper.
If someone is going to put their money into some new project they should read the whitepaper. Although bitcoin has become so popular, yet it is true that many people never actually read the original whitepaper of bitcoin before buying it or supporting it. But that did also shape the basis of starting other projects based on ICOs.

Quote
I believe their deviation from the core vision of bitcoin as speculated by Satoshi is merely due to ignorance.
There literally has been no deviation. This thread has become a shitposting tavern like the thousand other threads in this section.

Quote
I dont think people are intentionally deviating from  bitcoin's philosophy hence we need more education on the whitepaper.
Education of whitepaper does not make any sense. We should propose that people do read the whitepaper and understand the philosophy better. However not everyone's acumen is the same. :D

As most posts in the forum, but well, who can blame them, the system is designed to practically reward shitposting (I do not exclude myself) at least we got some good insights and useful information, and of course the whitepaper is simple enough for a person who knows how to enter websites to understand it, it is not even necessary to understand the part of the cryptography, which for me is the most complicated one. To learn to understand the concept and the need who created bitcoin is more than enough.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: LeGaulois on November 02, 2018, 08:22:55 PM
I do think there is a deviation from the original idea, but you will always see people using it for what it was for. Both exist together and when you think about it, it's the same IRL, people use the money for their needs and some invest in. So it's a matter of users/investors ratio
@TheUltraElite White Papers are like the FAQ, nobody read them.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: DJ_Rick on November 02, 2018, 09:52:14 PM
 I love btc and think that it is the best coin ever. to my mind, btc philosophy is the one we should follow.
I think that btc is the best and smartest system on the market


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: bigbosma on November 03, 2018, 09:12:41 PM
Just at this stage of its development, people see it more as an investment. But there are people who already use it as a currency and this trend is increasing.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Arhaan10 on November 03, 2018, 09:26:11 PM
The early bitcoin users were mostly cypherpunks. The emphasis was on trustlessness, decentralization, cryptography and privacy.

Today, most newcomers are investors---they don't understand the technology and operate mostly off buzzwords. it's annoying,

But i think it's also part of the original design. i can't find the quote, but i'm pretty sure satoshi acknowledged that if it ever caught on,

BTC would become extremely valuable.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: jorgelugra on November 03, 2018, 09:51:42 PM
I see what you are talking about but to my mind we aren't deviating from btc philosophy. It is the best technology i have ever seen and it will bring us many pros in the nearest future


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Shakiraroyce on November 03, 2018, 10:14:28 PM
Bitcoin has been created to be a currency. But what is happening now is completely normal.  I mean the price rise is inevitable and we cannot claim those who are trying to use this opportunity. Assume that bitcoin price was 1 dollar when it was created and it is now 1 dollar now. The total market cap is only 21 million dollar. Can it be a global currency? Bitcoin needs to have more market capitalization to become a global currency. As the total supply is limited, so the price must rise to reach that goal.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: andika2018 on November 04, 2018, 02:07:48 AM
Most people right now more interesting on how to make profits from crypto market. When bitcoin start traded, i think people more interesting on the price rather than the philosophy because most of people just want to speculate with their money and making profits from it


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: yndye on November 04, 2018, 02:16:29 AM
Most people right now more interesting on how to make profits from crypto market. When bitcoin start traded, i think people more interesting on the price rather than the philosophy because most of people just want to speculate with their money and making profits from it

People just want to take advantage of the opportunity that the crypto market can offer. The exchanges that exist before are that of forex, commodities, precious metals, and stock market which already has a stable price and a lot of money has been poured in so if you are a newbie in there then you would just be eaten by the whales. If you start in the crypto market then there is still a possibility of earning a profit even if you have a small capital because it has huge movements.

I don't think we're deviating from bitcoin's philosophy but instead, it would be called innovation for me because we are exploring ways of how we can make use of the coins and how it can help us in our lives.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Umkar on November 04, 2018, 02:26:11 PM
You say the right things about the fact that we really deviated from the philosophy of Bitcoin and it was not used for the purposes for which it was originally intended. Nowadays, people treat Bitcoin in absolutely different ways. Someone considers it an investment tool, someone considers it a currency, for someone it is just an interesting toy and so on. I believe that in the future, Bitcoin will take on the features of a currency and people will treat it exactly as a currency, and not as something else, but this takes time.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: bagsat on November 04, 2018, 02:49:14 PM
In a way, yes we seems to be deviating. We look at bitcoin differently and not what it suppose to be. We overlook and overthink of it's purpose and always seeking for the productive outcome for own matter.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: WebTera on November 04, 2018, 06:36:05 PM
I don't think bitcoin will remain an investment. Otherwise, it will simply lose its meaning. Moreover, now there are more and more opportunities to use it for its intended purpose - as a currency. More and more organizations and shops accept it as payment. So it seems to me that everything will be fine and we will be able to use it as a currency in everyday life.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Urbinklin on November 04, 2018, 06:45:45 PM
I think that any introduction to bitcoin has a positive impact on it and strengthens its position in the world. Therefore, it does not matter who and how perceives the currency. The main thing is that bitcoin should function at all. And the use of it as a currency in the future will definitely come.






Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: bitvelk on November 04, 2018, 06:48:17 PM
Bitcoin would not have gained such power and scale if most people did not perceive it as an investment. This has greatly strengthened the position of bitcoin in the world, I believe. And work on it as a currency continues. Therefore, it will be used for its intended purpose.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: pixie85 on November 04, 2018, 07:08:21 PM
We are deviating by cheering ETFs, banks and Wall Street traders when they're coming in. We became greedy and oetr focus has shifted. We used to be interested in privacy, security and decentralization. Now it's all about short term profits, pump and dump.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: Baser on November 04, 2018, 07:14:00 PM
Haven’t people thought that we are deviating a little from what bitcoin intended to be? just need to see the first pages of the forum to realize that the discussions focused more on “which crypto will generate more money in X amount of time” or “it is good to invest Y amount of money in Z currency”. Of course, I do not think this is bad, because, in the end, investors and adoption for different reasons benefit bitcoin, but I think we are moving a bit away in the goal that Satoshi had when he put his words in the bitcoin whitepaper, and how do not do it? if is so easy to get lost in the FUD, FOMO, and a cloud of thoughts, at least once a week I have to read the bitcoin whitepaper to try to not lose the way.

Maybe I’m just exaggerating but I’ll love to hear your opinions.

Satoshi didn't want to be rich. If it were, Bitcoin wouldn't come until today. We're the reason why she left her philosophy. The majority who want to be rich like us.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: suzanne5223 on November 04, 2018, 07:53:13 PM
We are deviating by cheering ETFs, banks and Wall Street traders when they're coming in. We became greedy and oetr focus has shifted. We used to be interested in privacy, security and decentralization. Now it's all about short term profits, pump and dump.
You're somehow right because a lot of people are indeed greedy and most of the big exchanges site are not after privacy and decentralization any more but it all happened due to the previous high traffic which also catch the attention of senior regulators. However, you're not right cause we still have people, businesses and organization who are not greedy and still follow the path of privacy etc.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: skish85 on November 04, 2018, 09:44:23 PM
This situation is not surprising. Because any person wants to earn money and improve their financial condition. Few of those who use cryptocurrencies think about the meaning and promote the idea with a noble purpose.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: TheUltraElite on November 06, 2018, 09:08:30 AM
I don't think bitcoin will remain an investment. Otherwise, it will simply lose its meaning.
When did it start to have a "meaning"? It is a asset and a person who is using that asset has the liberty to use it as and when they want and however they wish to. Bitcoin gave people the ability to transact without and person intervening in them. So technically as an asset it is perfect so long as it does not lose value. And the value will definitely not be lost but increase.

Quote
Moreover, now there are more and more opportunities to use it for its intended purpose - as a currency. More and more organizations and shops accept it as payment. So it seems to me that everything will be fine and we will be able to use it as a currency in everyday life.
Would you go to your local grocery shop to pay in bitcoin? If yes then you are lucky that you live in such a country because most people dont.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: bitbunnny on November 06, 2018, 09:15:24 AM
I think you are right. In the last couple of years focus of majority of Bitcoin users has completely turned to profit and price has become the most important characteristic and issue of Bitcoin. I think that is quite different compared to attitude and philosophy of early adopters and what the general goal of Bitcoin was.
I could say that this might maybe be wrong and that we forget the very essence of Bitcoin but on the other hand things are changing, Bitcoin is making progress and people value different things. I think that key is to find the balance.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: kabum21 on November 06, 2018, 06:10:03 PM
I think you are right. In the last couple of years focus of majority of Bitcoin users has completely turned to profit and price has become the most important characteristic and issue of Bitcoin. I think that is quite different compared to attitude and philosophy of early adopters and what the general goal of Bitcoin was.
I could say that this might maybe be wrong and that we forget the very essence of Bitcoin but on the other hand things are changing, Bitcoin is making progress and people value different things. I think that key is to find the balance.

Sure, now with all these answers, (I've read them all hehe),  I can say that certainly, everyone is looking to bitcoin for different things, some are interested in technology (blockchain), others are more interested in transactions (me) and others in the profits they can get, and I think to meme a little, those different approaches, are good for bitcoin.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: ICOTechSupport on November 06, 2018, 07:12:07 PM
The main thing is that bitcoin is actively used. Yes, now it is a very profitable investment, but I am sure that its success as a currency will definitely come to him, just a little later.


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: AiBBio on November 06, 2018, 07:17:26 PM
All evolutions need the changes and it is normal to deviate a little bit to be more succesfull and useful!


Title: Re: You think we're deviating from bitcoin's philosophy?
Post by: junglist.massive on December 08, 2018, 05:04:31 PM
There’s nothing wrong right? Tha (http://digitalasset.id)t doesn't harm Bitcoin and instead it fosters the market interest in Bitcoin. After all, change is one of the passion that Bitcoin brought, then why should we be afraid of these changes? As long as these changes are good, then why do we still insist?