Bitcoin Forum

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

see the future of bitcoin is bright, I think if we start now, with users who are still minimal, then later if a lot of bitcoin is needed by many people, of course the price will soar and we will get a lot of profit from it

I am not sure that bitcoin can liberate people in the way that you speak of. I believe that even with the improvements that bitcoin has made it will still struggle when it comes to decentralization. BUT (and it's a big but) it is infinitely better than the current system. People are able to control their own funds and be free from the inflationary decisions that are enforced on them when they hold fiat currencies.

Freedom can means free with no other government controlled and as far i know until now there was no countries who able to fully control bitcoin and for the future purposse i think bitcoin can break the limitations of banks system and the purposse for economy freedom might be realize someday through bitcoin

Freedom from being centralized by the government, and freedom from those banks who cheating on us ever since. Yes, there’s a cryptoexchange but they cannot control the whole market because they are just a place to buy and sell, there’s a lot more reason for us to be thankful about cryptocurrency because of this its easy now to transfer money and many more usage.

Bitcoin itself will not be able to make a person financially independent.Perhaps the introduction of blockchain technology on which bitcoin is built will make a person really free.And it's not about finances.As you have correctly noticed that a large share of crypto-currency is on the exchanges and is purely speculative.Perhaps at the moment it is a transition time inherent to everything new and unknown.

inflation and deflation often occur in cryptocurrency because of the many factors that affect its value. maybe in terms of technology to democratize sociaty better but will it really be a solution

I think the freedom that they are talking about the freedom to transact online without giving your personal information. Cryptocurrency gives that freedom, unlike paypal thay has all the records of your transactions including your personal data which I think is dangerous fir someone who wants to be a very private person.

It's not as if Bitcoin will will make the economy hundred percent 'free', free should not be the word here but economic transparency. And this is what is surely lacking lacking in lately.. With cryptocurrency, there will be more economical transparency, trust, accountability and effectiveness in every sectors.

People who have more bitcoins can manipulate the prices which doesn't mean exchanges were doing but they also can manipulate by giving fake prices and volumes.Bitcoin was created for the purpose of payment system not for converting alt to bitcoin and viceversa to make money.We can see the capability of bitcoin when stop trading it.

because everyone, who controls their own finances. if at the bank, then our money is controlled by the bank, but if in bitcoin, we set everything ourselves and we are the owner of the full rights of our money. it is a form of economic freedom.

if that means, indeed bitcoin can be a place where you get profit, but quickly I think it's a relative thing, however, it won't be able for everyone to get profit as long as they are here, if there is a certain profit there will also be a loss

While I admire their enthusiasm, I can't help but feel like "replace" is too strong a word.  It carries connotations of a sudden, or even drastic, change.  I see it as more of the beginnings of a shift in power.  A gradual transition to people having greater self-determination over their wealth.

It's difficult, at least in our lifetimes, to envision a world that has absolutely no debt-based lending and no custodial money services.  Some people are naturally going to be hesitant to let go of those ideas.  And, in fairness, a small amount of good can come from them on occasion.  We clearly have a problem in the world with the impact and consequences of how these ideas are currently being utilised and the power it gives to a small number of people.  There is abuse on a massive scale and we obviously need to rethink it.  But moving to the extreme opposite and eliminating these concepts entirely would likely only create new problems.  As with all things, there needs to be a balance.  

The rational approach is to start with less reliance on debt-based lending and fewer custodian services.  Take it steadily.  It's not an 'all-or-nothing' affair.  Traditional Finance may be flawed, but it's not quite practical for the world to go 'cold turkey' and stop right away.  Change made in haste often leads to regret.

But yes, Bitcoin will unquestionably result in greater freedom.  It already does.  We just have to ensure we use our newfound freedom more responsibly than the financial institutions we deplore.

I think the freedom is most governments don’t involve with BTC at moment. Government or banker can print money if they need it, but exchanges don’t have the ability or power to create new BTC. If cryptocurrency want to replace paper money in the future, then government will control crypto one day even we don’t want to see that happened.

Bitcoin cannot create any economic freedom while you can't fulfil your everyday needs with it.

It's not freedom when I need to pay taxes over every satoshi converted to fiat. And even worst, US citizens are taxed on crypto-to-crypto transaction. This is not freedom at all.

Bitcoin may not be the best system in the future but right now it is the only one we have to break away from the bank's stranglehold over us.  A lot of people that have invested over the past year have claimed to care about decentralization but they only came here for the quick money and to quickly cash out their profits in fiat.

Freedom is an ability to have a choice, and this describes Bitcoin perfectly. It's true that a lot of people trust centralized exchanges, but you absolutely don't have to do it if you don't want to. You can always find some OTC exchanges or trade with other people directly. If you are owning your private keys, no one can freeze your money and no one can stop you from sending your coins to other users or receiving coins from them. This is a huge improvement over traditional payments. Bitcoin has already made us more free.

We are in transition. There is no crypto society. People still mainly use old financial solutions. they also use them when buying crypto currencies.  There will be more and more decentralized exchanges. Eventually centralized will die out.

Well, Bitcoin leading to freedom is basically about it not being under the control of government where they can decide who should have what and how much you can spend as well as charging of unnecessary taxes and a whole lot of controlled issues. With it being  decentralized, everyone can own any amount they want and they won't be controlled by a single entity. Anyways you're right, there are some few people who have taken over Bitcoin and using it at their own qish but I hope as adoption continues, they'll change for the better.

Buying now will only make this and open the gate of profit for us. It’s making our economy better day by day I am sure as it’s giving us jobs and more earning resources. Its best way to bring revolutions and to complete that space of unemployment in our society by providing good opportunity to earn for better economical state.

Exchanges don't control anything, they were just a mere merchant for people that want to trade fiat currency to cryptocurrency. What makes you think that they really control those cryptocurrency that you were talking?

For those people who don't understand the inflation and deflation when making a lot of money, I think they were the ones that keep on talking but without doing anything to know the fact.

Controlled by exchanges? Nope. As long as BTC and fiat withdrawals are flowing freely, trader arbitrage prevents exchanges from pulling that off. It's only exchanges where withdrawals are frozen/delayed where prices deviate from real market value.

I wouldn't say Bitcoin really provides economic freedom anyway. It only addresses one of the several monopolies the poor and working classes face (the banking/money monopoly). It doesn't address larger economic issues like property distribution or taxation.

No, the freedom means that we can do transaction without being supervised, for today we need a lot of document and statement letter if we want to send a huge amount of money using bank and the government will taxed the transaction, with bitcoin we can used the currency as we like without being questioned, but to make this work we need mass adoption

First I’d like to say that none of us are sure about that. There was no place it was stated that Bitcoin and the blockchain would replace banks, Satoshi never said that even (if he did, then I’m sorry I never knew). Bitcoin is good and is the future of cryptocurrency despite everything that you see happening right now. The thing is that most people misunderstood what it’s all about.

If you think about making easy money is the economic freedom then you must be completely wrong. The reason of adopting cryptocurrency something different from what we are already doing with the crypto currencies. Cryptocurrency is for time being acting as investment but the actual freedom we are going to enjoy with them will be only when we are going to use it as the currency. It it may take some more time so that more merchants will be available for accepting cryptos.

Cryptos are finite and they aren't controlled by any exchange. The economic freedom can come with the advent of cryptocurrencies due to the fact that people can make transactions in just a few seconds even when they are in different countries or even in different continents. There are many sanctions between countries that they have imposed them as punishment. Cryptocurrencies can cancel these sanctions, thus no impact can happen in the citizens of these countries.

In an economy there are lot of destruction for using lots of things and lots of conditions will also be there for us to make running our normal life but when cryptocurrency entered into all over the country which changes a lot of peoples mind set to be normal that's why economic changes will made a lot of difference for cryptocurrency

I think it's just positive posts from loyal members of the bitcointalk forum. They are looking to make the spirit of the traders better when the market has come down a lot. We should only watch positive posts as motivation to continue working. From my personal point of view, Bitcoin doesn't have that capability and it's still just a popular cryptocurrency in the electronic money market.

different from me, I think because Bitcoin has achieved an extraordinary achievement, and many people think that history will repeat itself, it will even reach a higher price, but when that happens, no one knows the certainty

Bitcoin is limited and is not controlled by any one entity which is what the regular currencies are. Dollar can be changed drastically by any decision FED does and it could have affects all around the world not just USA. Euro has the same issues and they could be in trouble with Brexit as well.

It shows people how much bitcoin can improve their lives comparing to these old money systems that could be effected by the actions of couple people. Thats why bitcoin with its decentralized system can give people the economic freedom they always wanted, all you have to do is posses as much bitcoin as you can afford for now and have the audacity to go against the banks and instead of putting all your money into a bank and making them rich be your own bank and save them up for later in your times of need.

Economic freedom means when you want to make transaction of your money by your own,which may not denotes the prices.The decentralization means it is not directly controlled by anyone but from the supply and demand theory it can be manipulated so some people are dumping the prices buy decreasing the demand which has nothing to do with the exchanges.

What you mean by to cryptocurrency controlled by crypto exchange ?
I'm not seeing anything like that. Crypto exchanges are just providing a platform for meeting buyer and seller other than that they are not having any control over the cryptocurrencies.

No one could control a decentralized cryptocurrency but it is believed some people are controlling the prices of few cryptocurrencies but there will be no proof on that.

You cannot make easy and quick money with cryptocurrency. You must need all the time and efforts to earn it which is no different from earning fiats.

The actual freedom of cryptocurrency is ensured to by being decentralized. It means there will be no central authority to block or freeze your money. There is no central authority hence no one could make their own decision instantly (unlike most governments are doing). There are set of rules and regulations and it will be followed and changes will be possible after consensus only. Your hard-work will grow over time unlike traditional inflationary fiats. These are very few example of freedom that we could get from cryptocurrencies. For more enlightenment please follow google.

This is your own choice and noone forces you to use centralized exchange. If you do research, there are reputable decentralized exchanges. On the other hand, the number of decentralized exchanges will increase as it will be needed after acceptance. In fact nobody can guarantee it, we will just live and see. Even the increase of decentralized exchanges may be today, but if today's number is poor, it means that it is not needed.

What kind of work do you mean?
whether to be a CEO, team member or advisor from a project?

I guess those who have job titles like the one above on the projects that we often see, don't really work, that's why they held a fundraising project for them. In my opinion, with the presence of crypto, less than 10% of people get jobs, while others might actually lose their jobs

Bitcoin isn't a miracle coin to solve economic problems, poverty problems and so on. Guys, this coin can't handle much demand, it wasn't intended for massive use and now you speak unreal. We have to keep low fees, highest price and decentralyzed mining at the same time + fast transactions, can't be achieved. Not bitcoin but possibly other cryptocurrency can be created for that but we still can't achieve that global freedom at the point you mean because there are governments which love to regulate everything, one law and what will you do? Nothing, almost everyone will accept it and life will continue that way.
Banks with their terms and governments are big enemies of economic freedom, also when someone owns 1 billion and other don't has money to buy food, is this economic freedom? For me in economic freedom such situations have to be rejected too, no coin no magic will solve that if not us but we aren't united for our ideas.

The presence of bitcoin is certainly a unique thing, all users have full control to pay without dependency like the bank, this is what everyone dreams of so that bitcoin is freedom.

I dont think cryptocurrency controlled by crypto exchange or related with it. I am believe the meaning of freedom on economy is free to make transaction without using third party like banks because bitcoin is peer to peer transaction currency.

Economic Freedom is quite broad to really point its view to just a few points that bitcoin really takes advantage of. In the world today where business is the main concept why people still keep on living in this economic world, it would be so difficult to say that we are really having this economic freedom. As you have pointed out you might just have focused on the idea of a decentralized system where the government has no hold of the transactions we make but honestly there are still so many things where the government really had the control over us, and the decentralized system does not yet solve totaly the economic freedom we need.

maybe what you say is true, but the legality of the government is a guideline in the economic development in front of it

Not sure, too, if bitcoin would become a commodity in the world economy, I am sure that bitcoin will become a centralized technology. The government will not remain silent if bitcoin becomes an economic freedom that continues to increase, because they will definitely regulate it and will include taxes for the state in each transaction. Yes we can see every cryptocurrecny that you say can be controlled by an exchange and that is a small example, if it is already big then the government will interfere too.

I am no longer as confident as I used to be, that Bitcoin will make many people rich anymore. I lost almost all my capital in 2018 and hardly have anything left so now I try to only think of a way and means to survive right at this moment. I think the lucky few who got in early and those who managed to sell off a lot in the highs of 2017 are the ones that made it big. Now mainly it is the Bitfiniex shorters using leverage and those big lucky whales that make constant money on their money that are independent financially. The rest of us are trying to collect some crumbs so to speak at this moment in time.

Because of the blockchain technology it can really give a big help and benefits to any country that's what I know about it. why?
It is because of the transparency it can give once this technology will apply to every nation. And we all knew that Bitcoin without blockchain for sure it can't be create. But that's not what happen, due to the unique feature that bitcoin has its the main reason why the community used it so much.

Start again and read the whitepaper.  There's nothing in there about Bitcoin being a means to accumulate more fiat.  Some would say you're missing the point.

You gain economic freedom from using Bitcoin, not by exchanging it for fiat in a futile attempt to get rich.  If you're not confident, it's probably because you're doing it wrong.

That's the main goal of bitcoin, it is not regulated by government and doesn't function according to government policies, isn't that a a degree of freedom ?

Economic freedom is the freedom to trade with anyone globally, without having your Bank account being frozen or your PayPal account being blocked. It is the freedom to transfer "wealth" to anyone in the world, no matter what capital controls are being put into place to restrict you.

Bitcoin gives you the freedom to do all that and no exchange has to be used, if you know how to game the system. People do not see this freedom, because most of them have not had their Bank accounts frozen or their PayPal account blocked.   >:(

Not yet, at least.  But given what appears to be a looming escalation in the global financial crisis, along with increasing levels of surveillance and authoritarian governance around the world, some people may well have to learn this lesson the hard way.

I consider bitcoin can change the economy for the better because of the benefits that can be generated from bitcoin, bitcoin still tends to grow and have a future, and with that will give good results.

hence from that bitcoin in the future it might be possible to destroy the bank system, because if we make the bitcoin money we can set ourselves compared to the bank, we cannot regulate because the bank can manage it.

I'm glad to hear this, it's time for this world to be free of inflation that prints money continuously, bitcoin will soon save the world from the inconvenience of banknotes and banks, with bitcoin every country can't make money anymore because the supply of bitcoin is limited, so this can save from inflation and honestly bitcoin can replace banks, because bitcoin is superior, for example when you want to send money abroad, banks need time and money which is expensive while bitcoin is fast shipping and low cost.

It is simple, in a word it can be defined, it is "Different", we are accustomed to having our money under the care of a third party, where large transactions can not be carried out without special permission, otherwise, it is a case of investigation. It is incorruptible, the security that is acquired through blockchain and its SHA-256 code, is superior to any banking system, and governments can not manage this technology, in this way, financial freedom is acquired.

because bitcoin was created to be a global currency, so if indeed it becomes a reality and bitcoin becomes a global currency that is recognized worldwide and can be made into a global currency then it will make economic freedom in all countries of the world, we can make transactions with other countries without having to exchange currencies like FIAT currency.

 As we go through the previous history of Bitcoin we can get an idea that Bitcoin will be helpful to make economic freedom  all over the global .despite of any discrimination .Bitcoin transaction is done without any third party influence and is made online world wide and no manipulation can be had in Bitcoin transactions and it is an internationally operated electronic currency .Some countries like China.Korea has banned Bitcoin and even India also have accepted Bitcoin to use legally these all make confusion to the mind of the people involved in Bitcoin investments .Since Bitcoin has a fixed limitation and cannot be manipulated some governments fear  and so they cannot accept it legally .

When the user have freedom of spending their money it can change lot of things from the current fiancila system,firstly we don't need the banks who is transacting our money and by that they were making money out of thin air,if we can eliminate them then we can control the production of money and our currency will retain its value due to no inflation.

To be honest,I'm not sure about this.Bitcoin will continue to be controlled by a minority of crypto whales and miners that will continue to dictate the price and make more money out of the naive noobs.
However,economic freedom has little to do with the currency you are using.

We can make our own economic freedom by holding bitcoin. If a minority whales control the supply, i am believe the price must be rising and we have a chance to make profits

People are always going to use banks. Cryptos will have to live with the banks


I do not understand what you mean, the currencies that are in the exchanges are of several owners and they are in the exchange to make trade. So I do not see where the problem is


In my country there is a lot of burrocracy, the person can stay more than 3 hours in the bank waiting for withdrawal approval of $ 4000


because you bought bitcoin thinking you would be rich quick


Why did you sell with losses?


in 5 years if the price is $ 50,000 you will say the same thing.


Are you acting like someone who is envious of other people

freedom in the electronic money market and it is still not possible to be free all over the world. It still has many legal barriers as well as the way of blockchain technology. In order to be more free and efficient, Blockchain needs to be greatly improved to be able to serve publicly all over the world.
This will happen soon, the future of crypto is great when it is being noticed and appreciated by many large businesses.

Bitcoin will provide economic freedom because it has several objectives that are opposed to the current system. To sort them in order;

- The wallet address allows you to process anonymously unless it is shared anywhere. In this way no one can question the source of the money and does not know where it came from. Of course, the two addresses used must also be anonymous.
- The number of supply is limited, so it cannot be controlled by an intermediary institution.
- Provides the support of equal economic rights among all individuals and never deviates from this goal.
- Unable to play unless certain conditions are met.

Because, bitcoin was meant to be the globalization of money, we have dollar that is american money, we have euro that is European countries money, pound for UK and many others, bitcoin would have been the common money for everyone in the world, that is a huge step forward for everyone because sending or receiving money from anywhere in the world was a hassle before bitcoin was created, you would have to spend so much money and effort to send people money, now you can send just couple bucks with couple clicks and you send money to someone on the other side of the world.

That would allow people to have a more global approach to money which would allow them to be in the same playing field as the rich people who never had trouble transferring money anywhere they want because it was above a million dollars and banks do no give troubles to people with millions.

If you have millions of dollars in your bank account bank gives you incentives to use their banks, if you have under 20 dollars in your bank account ATM's tell you to see a teller, that is what bitcoin stops, it gives you the same rights as whales.

Bitcoin has provided freedom to manage, and this depends on the holder. The freedom given by bitcoin is quite good, but sometimes it loses to the pope, if you want to be absolutely free, then become a pope so you can play a role in the market. Banks remain a priority when we need fiat from fiat exchanges.

Since, each currency differ in value, the outsourcing cost differs. If dollar has a high value then other fiats, certainly other countries have to spent more for any business tied up with US. But, US will keep their economic standard on high where as other countries will have to be depending on US. But whereas if bitcoin is going to be a common currency, every country is going to experience economic freedom as the value of bitcoin will remain the same to everyone.

of course if the future bitcoin continues to be developed and becomes perfect, then the paper currency or coins will be replaced, why? because bitcoin has a supply and is temporarily limited to paper money, metal can be produced without restrictions.

In my perspective bitcoin have massively grant financial freedom to people and organization world wide. There is no technology that have enable raising of fund the way it have happened in blockchain world. 

Crypto and bitcoin currencies are specifically created using advances in technology and time and with investor crypto currencies or holders who think for themselves and are fully responsible for our own investments and there is no interference from others and that makes it possible for crypto currencies to create a free economy

The freedom is viewed in the aspect of people being able to control their money, no limitation of how much they can have in their portfolio , who they can deal business with and when unlike banks that have some limitation.

Freedom is first of all, in my opinion, being the real owner of your money (if you control your private keys) and not having to rely on a third party (like a bank) to use your money. With bitcoin, you can directly send it to any other user in the world, easily and with just a little fee.

The freedom part mostly refer the user's ability to keep his money himself, even keep it away from the government if he chooses to (requires some extra steps). In short you are your own bank.

Of course you kinda lose some of that freedom and anonymity once you use exchanges and banks to cash out and cash in but the ultimate goal for bitcoin was to also not require that anymore by being able to easily to pay directly p2p.

Yes, bitcoin wallets serving as the users own bank let's the people go free with the highest security. Relying on a third party to hold our funds is not that bad, but to make use of our own funds we need to request them to provide. Along with the same there needs to be paid several service charges for the same.

People will take the huge advantage of using bitcoin that is why many will adopt the system.
But all the anonymity we have now will are closely to disappear knowing that mostly all exchanges and transfers have already requires personal identification to proceed.

LOL anyone can get freedom in bitcoin, of course with their respective needs. Don't need to be a pope/whales to get decentralization and anonymity from crypto? as long as you use crypto you have got that freedom. regarding the manipulation of the pope, that's a different thing

The blockchain technology is a decentralized system wherein all transactions are reflected in a public ledger where everyone can access and see it. Furthermore, no one in the system is allowed to fake or change the transaction history as it will be corrected by other users in the blockchain. Cryptocurrency exchanges do not control bitcoin, as from the name itself, they are only a means of converting/purchasing bitcoins or other alternative coins.

Your argument that bitcoin can replace traditional financial institutions is impossible currently as the economic is divided between first and third world countries. Adapting to this kind of change can significantly damage world trade, transactions, and payment from all over the world.


The future of bitcoin is rather unknown. Regardless of the number of individuals transacting with bitcoin, if government agencies prohibit the usage, then expect it to become obsolete. Although this may be the case, I doubt that the blockchain technology would cease to exist.

We will make profit by not supporting those whales but try to make sure no whale take away your profit for misleading you by your emotions, we are making profit but it is just gonna take a few months, crypto currency is independent so it gives more opportunities to holders as price will increase and selling at green will make your economically strong along with financial freedom.

The anonymity of the cryptocurrency currency does not replace the total control of the economy by some institutions and the latest development in the cryptocurrency world e.g the regulations of some coins and exchange will not allow the total independence of the crypto industry and at that economic freedom will not be guaranteed.

Bitcoin price will surge with or without the whales but it will take time and concerning the issue of supporting the whales. The best thing every crypto trader or investor can do is to make the best out of every trend the market pose cause the act of not supporting the whales will lead to losses and like the saying "it better to join the race than get run over".

Regarding the OP question, people are tired of the government failure and they have seen the impact of Bitcoin in the life of some cryptoneir this make them believe Bitcoin has the key to economic freedom cause what they need is testimony not empty promises.

Why won't i be 100% sure that Bitcoin will provide economic freedom when I was already been blessed through it? However, the government that were against Bitcoin acouple of years back make a statement I will never forget he(Steve Bannon, Trump Ex Chief strategist) "cryptocurrencies as the key to national liberation" and JP Morgan who once said negative things about crypto currency now issue their own crypto coin.

All this are more than enough and if I'm not sure that Bitcoin have the power to economic freedom then I'm an idiot.

Everything is a business strategy, JP Morgan affirmed that and already has its currency, it is for the same, and which, allows it to contradict itself, in some way the cryptoactive allows to make large transactions in an instantaneous way, it is handled with a enviable technology, if this is the trend, they must somehow win. Many people feel that they begin to reach their financial freedom, thanks to the fact that they do not depend on a third party to manage their money, I think that this is how it should be.

Economic freedom is actually a broader term. Better use "financial freedom". Yeah, bitcoin or other crypto currencies do actually bring that financial freedom but unfortunately is restricted by politics that are played by the Government. The Government would hate to give you financial freedom since, according to their own words "brings risk to a nation". The words are true, but partially. If they regulated the currency in a proper way without causing any kind of barrier, then i would say that it actually can bring financial freedom.

I can’t remember where bitcoin promised to replace banks but when individuals and members of the society saw the effectiveness of the currency with all its great features they predicted Bitcoin would replace banks and I think this brought threat to some banks few years ago.

Bitcoin leading to freedom means users will no longer be under the control of government, government will no more be what and how much amount of money to have and to be spent. There will no longer be irrelevant tax charges and it becomes a completely decentralized system.

making and good economy will always been an important thing for everyone and all over the country people think cryptocurrency can be the only way to make the economy more better that's why I think cryptocurrency play an important role and developing a lot in quicktime for making the future for brighter.

Maybe we have a different understanding of economic freedom applied by bitcoin. If you think so, that doesn't mean I hate your statement because there is also truth in what you say. I have an understanding like this that the economic freedom given by bitcoin and its technology is only limited to official rules in a transaction, where we know that in the banking system there are some requirements that are so complicated when we want to send a large amount of money and the process it takes quite a long time while with bitcoin and blockchain it is no longer useful so it makes it easier for people to do various transactions between countries without having to do various processes that take a long time.

if in my opinion for economic freedom it is not but to help our economy all right, the problem is that many people who have joined or used bitcoin in their economies are getting better because the benefits of the bitcoin extract are promising

indeed proven, with the existence of bitcoin today. indeed our economy is quite helped. so I think that indeed the existence of bitcoin is helping our economic freedom and that has been proven now. so it's likely that the economic freedom will be carried out by bitcoin later.

it is more to the same exchange rate globally and can suppress the inflation rate, and it becomes a benefit for some countries, especially developing countries. because they have the same exchange rate as developed countries if they use bitcoin, it is a freedom for them.

I think that what is meant by economic freedom is that bitcoin is not controlled by the government so that no one can monopolize bitcoin. and also bitcoin can change the user's economy for the better. I can repair houses and buy valuables from the benefits of working on bitcoin and cryptocurrency. Bitcoin can make us achieve financial freedom.

so far, bitcoin has proven that many people have been assisted in meeting their economic needs. because the current economic needs are quite difficult we just guess. because the economy sometimes also experiences movements that we cannot guess. so when there was Bitcoin, it was very helpful.

if it is for my economic freedom, it will be very difficult because the price of bitcoin is not always stable so it will make it difficult for people to get profits. but if I help the economy, I believe

Yeah bitcoin is free and no government has the right to control it, I like because it is free from all government restrictions that you can earn so many income without any cutting and you will be always able to hold as long as you want, it grows independently no tax no charges except your transaction fees which is good for our safety.

Because bitcoin is more easy to use and can't be lost so easy as fiat money, but to be used in all shops, to pay taxes with we need that governments accept it and encourage people to use it but i don't know how soon this will happen.

Those who are in that school of thought are not far from the truth because time will come when crypto currency will take over the world and every economy and when that happens one will not need banking institution any more.

Said in terms of economic freedom cannot be considered as direct individual economics freedom but the freedom that will come with the Bitcoin payment system in the global economy will also give indirect advantages to individuals. Firstly will be end of the monopolized of central banks on money markets.

I think to take over is far from expectations, bitcoin can compete with fiat currencies, it's good. now I think what is needed is to restore and increase trust for the community and the government towards bitcoin

Making economy better is not the main purpose of cryptocurrency, crypto's main goal is to make new innovations for freedom in
transactions, making decentralization enjoyed by everyone in the world..

The people who are saying cryptos were controlled by exchanges have no knowledge about it,they are just simply hating cryptos for no reason or they heard that it is criminal's currency from rumours so what we need to do is educate them about blockchain and cryptos and also educate about the traditional fiat money system then they will know why cryptos can give economic freedom.

Most of the people see Bitcoin as a profitable platform. That is the reason why some of the people see Bitcoin as unconvincing one since the people who pioneers it is like selling it to those. Who else here wanted to be asked by a seller to buy a product? Noone else! So the only thing we need to do to convince people that Bitcoin is really a need for them, we have to show them compassion and never expect that we will earn from their participation.

The BTC will not be accepted by one country. First, a few will then cover the whole world.
I just doubt that whether this freedom will be given to us.

Bitcoin will certainly give us financial freedom because there are no good alternatives. The united nations aren't going to make a global currency that is decentralised and accepted by all. Bitcoin is the only choice

Its not all about the participation of United Nations but it is our self who adopt the system and consider Bitcoins as a valuable currency in the future. We say that  Bitcoin have shown already its economic freedom in some areas where crypto isn't banned and even allowed to be used. This instances will prove that we are going into that way and it possibly be happen.

In my opinion, so far there is nothing like things that are not liberating or such as being manipulated by certain things, as long as bitcoin has not been fully controlled by the entire government, it's still freedom, only maybe in certain countries the tax or something like that, has been applied for the country's economic progress. And I think on the other day it will still be freedom on its nature in the transaction but it seems that it will be under the supervision of the government.

As individuals, we are so sure that bitcoin will gave us economic freedom. It's been proven already in 2017 when there's a lot who became instant millionaires because of their bitcoin holdings. But I doubt it can make a dent on a economic of a country though, unless the government recognises bitcoin as legal currency and it's adopted, meaning you can buy a candy with bitcoin in that country, without needing a third party payment gateways such as Bitpay.

Bitcoin is technically more stronger but the economic situation of cryptocurrency will be struggling now that's why the thoughts of the investors should be going panning every time when the price up and down but it will not be important to stay here for long time as an investor you need to be more concentrated about your goals is the investment on Crypto currency right now.

in doing something we need not hesitate. because I think the opportunity didn't come twice. so if the opportunity is already in sight, of course we must use it. because the opportunity will not always be on us. so before we regret then we must take that opportunity.

Bitcoin was very much created for that something free and independent from the banks and government economy. Bitcoin was made to give us economic freedom and pure control over it and no other other authority.

Yeah it will make progress time to time, as now it is being use almost in 80 percent of the countries in the worlds, but only 20 percent are remaining who needs to accept the importance of the bitcoin, it is free to use for everyone and everyone is getting profit out of it, it gives more opportunities of earning and it is providing jobs to jobless people to make their economical life good.

People will feel freedom first with bitcoin because people can try to make money from bitcoin. Then when the government realize they will try to use bitcoin in the financial section so then slowly, bitcoin will be accepted in many countries. And soon, bitcoin will give a chance for all people to get freedom in the financial and people will get a new way to earn money.

It seems to me that governments wanted to achieve greater control of their citizens and they were planning to use money to do this, this is very obvious when you consider that they were planning the elimination of cash in which case they will know in what you used your money and they could monitor your life that way, but bitcoin has ruined those plans because such control will be impossible now that people can just install a software in their computer without any permission from the government and send money all over the world.

Bitcoin has given us free hand to earn money and to make our economy really independent, we will have to accept that time has changed so does the way of earning, now people found fast and good way of making money, so they are moving and accepting new technologies all us should admire the value of technologies and invest their which gives us surety about our future.

Simply because people are free to make their own source of money through bitcoin without the influence of the government which is really an advantage for every cryptoholic. We all know how bitcoin affects the economic growth of each country and I'm sure that it will take charge of the economic freedom in the future.

Because the government cannot say tomorrow you can no longer exchange them, or arbitrarily decide to increase their number so that their exchange value plummets into nothing, taking you into misery at the whims of corrupt politicians.

Also, because you don't need to beg banks to let you open an account or spend countless hours in frustration with bank annoyances, fees or errors; or plain obstacles to what should have been YOUR money, not theirs.

You don't have to use "the crypto-exchange". Work for bitcoin and pay with bitcoin and you no longer care. This transition takes time, but make no mistake, the goal is to pay and be paid with them, no more exchanges, banks or the state between you and your money.

Wow, those point of yours really gives a good example how we can call this new system as an economic freedom, take this as a good basis for those who still doubting the potentials of this market, government have no full authorities and banks can't control the situations are just part of what we are enjoying with this cryptocurrecny.

Being a decentralized coin, It will surely give our national economic freedom. You're now having a profit from the bitcoin itself, not in the circulation of the money in your country, means you don't have any issues in having transactions. You will not sign up any banks, funds, and saving for your future because you can hold or invest it to bitcoin. There are a lot of factors that we must consider but it's very obvious that freedom will come once bitcoin takes place all over the world.

A lot of people have said that, but they are just Bitcoin /crypto enthusiasts who wishes for the currency to rise up and take over fiat. If you ask me I’d say there’s no possible way fee that to take place. Yes, I like cryptocurrency, but that doesn’t mean I’m in support of all they are saying. I don’t really think that’s going to happen.

Why with bitcoin we will get economic freedom? because with bitcoin we will not deal with the economic laws that apply in every country, we also will not deal with the banking system. We can manage all transactions ourselves and even the transaction system is very transparent.

It can probably liberate economy, somehow but with the increasing regulations they are imposing on cryptocurrency it is making it more and more tight for every transactions. I don't think the government will give crypto a total freedom to rule economy, they will not have their own share so I believe they will try hard to kill and destroy cryptocurrency that will be dominant.

I think that there is not yet an updated economic model that guarantees through a 5k investment and in a few years or months can be worth more than 20k, I think there is no economy where such a financial prosperity. I believe that the digital and bitcoin technology model, blockchain allows to obtain fast results, only when there is a risk.

Some enter through the market, betting on the direction that the market moves to obtain benefits, it is a way to do it, but it is very risky. Traditional models show that working 20 years, it is very unlikely to be millionaires, despite having a university profession.