Bitcoin Forum

Bitcoin was created by Satoshi Nakamoto to make us not to be dependent on third parties such as government and banks to control our money. Satoshi gave us the opportunity to control your coins (money) without the interference of anyone. He also made us know that bitcoin is an alternative currency to fiat. This will mean that there is no limitation with bitcoin. Bitcoin is an absolute freedom.

My point is that people should stop making others feel that they are not enjoying the freedom introduced by Satoshi by not following bitcoin principles strictly. Freedom is freedom and should mean freedom.

• If I decide to live a private life that no one knows how much I own, that is great and it is called freedom
• If I decide to do KYC on all the exchanges and gambling sites, that is freedom
• If I decide to leave my coins on exchanges, that is my choice, and it is called freedom
• If I decide to share my private key with everyone I know, that is freedom
• If I decide to use and reuse one particular address for all my transactions, that is freedom

My point is, no one should detect for anyone how to enjoy the freedom. You can only advice or teach, stop seeing people using exchanges or doing kyc as anti bitcoin.

But it's a pity some people are yet to know how they can be decentralized with bitcoin and instead they got engaged on a centralized exchanges to acquire their bitcoin and have it stored with them, bitcoin is meant to be decentralized by all means it's involved.


There's no doubt about this because bitcoin has rendered us many opportunities fist couldn't have given over the years that's why we have a large number of people on the look for the word bitcoin on the internet to know and engage their financial freedom through it

 

Good way explained about the meaning for freedom connecting with all the ways people miss out freedom using cryptocurrencies. Even now people are with a state of mind, using centralized services is good for some reasons. Particularly getting help, if something wrong have happened with our transaction. Some were not in a situation to understand that having the key gives us the complete control over the wallet. This will change and to experience the change it takes time and even now we're at the earliest days of cryptocurrency usage around the world.

Even though we want to enjoy total freedom and all the advantages that come with freedom, we should not forget that freedom is not free and it comes with a cost.
How we handle our independence/freedom matters in the outcome of our life, just like the points you mentioned are all aspects of freedom but the freedom Satoshi was aiming at is freedom from control and access to our money from third parties and privacy cautiousness.
Giving up our identity and privacy is not part of that freedom and am sure you were just being sarcastic when you mentioned, giving out private keys as part of freedom.

I agree every right and freedom has equal responsibility and obligation and Satoshi created Bitcoin for p2p electronic transfer that does not need third party.


Op is saying a person has the freedom to choose which option he will take.  Whether he will submit his KYC or not is up to him.  Besides these institutions can never force us to submit our information if we are not using their service or has no hostage huge fund in their platform.  Still, the entrusting of the fund to their platform is still a freedom for us to choose whether to do it or not.  The point in @OP's post is the freedom to choose, IMO.

It is indeed!
We always have our choice in using bitcoin and that is freedom, but we need to think about the outcome of our decision because sometimes the freedom that we seek will perhaps give us the worst scenario. True freedom is that no one will control you and that is why bitcoin was created because of freedom against the government.
That is why we need to educate those who are new to cryptocurrencies because they did not know what they do, they think it is freedom but it turns to the dark side like losing your money.

The possibility of freedom has always been available but it gets corrupted and then the wrong system repeats itself and it's happening with bitcoin.

It is possible, but it is not enough just to have a technological tool like bitcoin, it is the individuals who execute all those premises that you mention, otherwise it does not work in its original idea. And of course, then it becomes corrupted, it begins to be corrupted using centralized exchanges, and giving in to privacy, among others.

Then that so-called “free” person should not complain when the centralized whom he/she freely chose to hodl coins decides to file for bankruptcy. Encouraging people to use bitcoin to the fullest capacity isn’t slavery, it surely isn’t trampling on your rights to free will, I think it’s a bad message you’re spreading, there are a lot of visitors who come to the forum every now and then to get valuable information and I believe this post may be misleading in my opinion.

Too much freedom is also bad and those examples that you've given should also be given a reminder to the people that are enjoying yet didn't noticed that they're abusing their freedom.

I don't see them as anti bitcoin but even advising them to avoid storing it there based from the happenings that we're seeing. We just want the best for ourselves and to everyone.

Too much of everything, they say is bad. Since Bitcoin is freedom and as such, one should be left to his/her devices as relates to how they handle their coins or on which exchange they choose to keep it, but I feel it's a bit necessary to atleast help those who are new to the system, especially the starry eyed newbies and naive investors.
 

I don't consider any action that is against the tenets of a concept (Bitcoin) an expression of "freedom" in any way. Most of the activities you listed above are not in line with what/how Bitcoin is or should be. Of which would portray the whole idea faulty when loss of funds comes from any of such activities, and as such I suggest right be right and wrong, wrong.

No. It isn't called freedom. It's called responsibility(freedom and responsibility can be viewed as one thing, but being irresponsible has little to do with freedom). Every person is responsible for his/her own financial situation. The people are responsible for their own financial mistakes, but sometimes they simply get manipulated and lied to. In that case, the scammers take the responsibility.
I don't think that using crypto exchanges and doing KYC is anti-Bitcoin. KYC is required by the law and the people are complying to the rules.
Trusting a third party with your coins/money is definitely anti-Bitcoin, because the whole concept of Bitcoin is to NEVER trust or rely on a third party. Be your own bank. Satoshi never told us to trust custodial centralized crypto exchanges.

Why not? It's a correct observation that by using Bitcoin in a centralized manner, like storing it on exchange, you lose a lot of the benefits of Bitcoin and introduce the same old risks of the traditional finance systems. Just because you are free to do something, it doesn't mean that it's a good idea or others shouldn't be able to dissuade you from doing so.

Maybe in different meaning or context. But freedom is something you are in control. What you said is your choice to do and definitely its freedom. What others says are those who wanted a freedom will avoid a close system wherein they cant access if theres problem with the exchange. See what happened on other platform like FTX, thats something very dangerous for your asset.

doing KYC is an obligation to facilitate transactions with third parties in my opinion, as long as we use and comply with the rules I think whatever is written doesn't matter because the view of freedom is different for everyone
I am not an anti-bitcoin group and I am also open to those who support the government / third parties in managing my finances, I only follow the rules and the flow of bitcoin movement with the aim of making my way easier
and I agree that Bitcoin Freedom is Absolute

It's indeed freedom if people comprehend what are they truly doing. Can we still call someone exercising or having freedom, while they cannot abstract what are they doing?

Take this, in regard to privacy, if some people cannot figure out how much privacy about themselves that being taken out by not following a privacy-oriented way of usage, it's neither freedom nor ignorant. They simply just did not have awareness or knowledge regarding how to do it properly and/or of what is the consequences of doing so. My thought is that people sometimes just unaware of how much they can maximize some things.

In a fairly narrow sense, freedom means that you are free to do whatever you want, no matter what anyone says. But when you start to realize that not your keys aren't your bitcoin, then your financial freedom is actually limited.

Bitcoin gives you financial freedom where you can completely control your money right in your own hands, just like you have your own bank. But people can choose their own path because their money is their responsibility. The best for others is not necessarily the best for us, and vice versa.

Yes free will is amazing. I can jump off a cliff whenever I want. That’s pretty amazing and provides for some great existential thought seshes.

Don’t steer people in a direction that embraces KYC, however.

You can call it "freedom" and I have nothing against you living that way, but all that you mentioned does not only cause possible problems for you, it is also the reason why catastrophic things like Mt.Gox, Quadriga, Luna or FTX happen to us, along with dozens or hundreds of smaller ones that were not globally exposed. It's not a matter of following the principles blindly and 100%, but of respecting some basic things - that has nothing to do with the freedom you're talking about.


Bitcoin was conceived as a decentralized cryptocurrency, and anyone who uses centralized ways of storing it is somehow wrong - millions of BTC are currently in such storage and it is simply anti-Bitcoin. When the next big scandal breaks out, then call on "freedom" again, and don't ask why the new crash happened.

Of course by having Crypto you can be in full freedom but still we are living in Centralized Market. I have read news that Us will search 5 exchanges, Binance, karakeen, kucoin and other exchanges so that they might get info about the 20 million dollars of laundring money. So i do not think that still we can be more Private..
And also we Do peer to peer trading on Binance and other platforms and still out bank details and other such info is available at these exchanges and that's not we are so private.

If bitcoin is made as an alternative currency to the Fiat currency from your point of view, then there is a limitation in it which is also contrary to your point. Like if I want to buy shirt in my locality I can't use bitcoin to buy the clothes so I have to sell the bitcoin first before I can use the Fiat money to pay for shirt. And that is a big limitation of bitcoin. Bitcoin is an alternative coin, and that means bitcoin did not come to take over Fiat currency but it came to support it and make it stronger. The only thing is that bitcoin removed the third party control. Everyone control their funds. So if you have 1 BTC for 10 years, your 1 BTC is still intact. But in Fiat banks it you have 1 million, it will reduce within 1 year because their service maintenance fees, electronic maintenance levy, card maintenance levy, SMS levy, USSD levy and Internet Maintenance levy etc. Because of all these levies and fees, BTC comes the best of all.

The sad thing about the current situation is that people do not really keep their coins, they give it to others and that creates all these trouble. The latest one was once again an exchange, FTX, where people trusted their coins to them and they lost it and now people do not have their funds, while bitcoin itself is decentralized and gives you freedom, if you give up that freedom and give others your money, then you should not be shocked to learn that they used your money for bad stuff and lost it.

This is why bitcoin is not just a tech, but it is an idea and the tech part may have been understood but the idea behind it is still not fully comprehended.

Hmm..Freedom makes you do whatever you want to do but it doesn't guarantee your safety when you disregard the purpose of freedom. Satoshi created Bitcoin to make people have financial freedom but not freedom to go against Bitcoin concept. Giving someone your private keys is not freedom because you will leave to learn a hard lesson from that action.

Bitcoin is decentralized and we should ensure that it remains decentralized, so that the purpose of bitcoin and its benefits can be achieved instead of the opposite of it.
1. If you keep your bitcoin in a centralized system, you have given your bitcoin freedom.
2. If you give your password to whoever you want to ,you have given your bitcoin freedom.
3. If you are ignorant about listening on tips on how to keep your bitcoin secured,you have given your bitcoin freedom.

Wikipedia (https://en.wikipedia.org/wiki/Freedom) defines freedom as either having the ability to act or change without constraint or to possess the power and resources to fulfill one's purposes unhindered. Totally agree with the OP - being free to choose how and in what matter you do what you want with your bitcoin without restriction is what freedom it. Sadly, most persons have made themselves the custodian or gatekeepers of freedom in relation to bitcoin which is not suppose to be. Live and let live.

Of course, you are free to do whatever you want with your bitcoin, as long as you not creating problems for others and probably for your self with the freedom.  By the way, Satoshi created Bitcoin for people who want to escape the fiat currency and banking systems ruin/corrupted by people who misused their freedom . He didn't create Bitcoin to be misused or abused too... He likely anticipated such abusers/misusers and made sure they do not somehow hijack Bitcoin system and corrupt it for others like fiat currency systems are being corrupted. You can rightly say he created bitcoin to be fool-proof system based on pretty solid principles like privacy/anonymity, transparency, immutability, decentralization, fair-rules, etc.
There will definitely be punishment for those use their freedom in Bitcoin space to harm others . They could be jailed, be fined, sent to mental hospital, even be enslaved, etc. Beside, Bitcoin is more suitable for the Free not slaves, because it's a expected they will be responsible enough to use Bitcoin right without misusing or abusing it and creating problems for society.



More on the Bitcoin and freedom, I believe it's better to restrict this freedom to individuals rather than companies or businesses who could use it to encourage Bitcoin users to be irresponsible and reckless due to greed or foolishness by encouraging more them to use Bitcoin wrongly thereby creating massive problems for the Bitcoin/crypto space.  This is why it's important to emphasize more on decentralized and non-custodial companies/businesses, to prevent fools that could use their "freedom" and ruin it all for thousands/millions of people who probably don't know what they are doing

So does smoking, drinking, driving, and eating unhealthy. So, we should make a committee and decide that people should not be allowed to do anything that might be harmful to them and might have consequences?

We had another topic where someone was criticizing banks for not allowing him to deposits to a crypto exchange, by the same "protectionism" banks did a good thing since they didn't allow you to deposit money on an unlicensed exchange that requires you KYC and might run with you coins and sell your data!
Your keys, your coins, your decision, it might be stupid, in some cases it's really stupid but you can't force anyone to stop doing it.
If someone wants to trade his bitcoins for shitcoincash, should there be a law against it?  ;)


Hello, Sadolf Nakatler!
And here we go across the thin line where you suddenly want to turn people into slaves because they are not playing along with your view. At first is for punishment for criminals, then for the ones with a different opinion, then for the ones that don't do every single thing you ask them to. As always, from freedom advocates to tyrannically despotism it's just one tiny step, usually because somebody thinks he is smarter than the rest of the world and everyone else is dumb so he must follow his rule.

Being on bitcointalk and reading how we need to turn bad guys into slaves and send them to mental hospitals sure seems unreal.

I had never perceived people using centralized exchanges or even complying with KYC or even using custodial wallet as anti-Bitcoin. Sure, they might not be the one in full control of their assets or whatever coins they are holding, but I am pretty sure they are using it over fiat for a reason obviously.
It is your responsibility in the end on what will happen to your assets anyway, let alone that you invested your money to whatever coin is out there in CMC that you first saw. The only thing you should not do after that is blame other people for whatever stupidity you ended up with due to your obvious negligence.

Maybe you misquoting the whole phrase here, generally people around the forum is not trying to limits anyone from enjoying the freedom or even standing as anti bitcoin, what i only noticed is that "counseling" is most important key in this forum which i know people are standing to be, as a beginner they should be guided thoroughly to know what is good and not otherwise they could fall prey possibly all funds might be stolen. Lemme ask you, what would you enjoy or benefits seeing your fellow forum users or probably same rank with you complaining about his stolen funds from his wallets or exchange account what would you take them as?
After spending many years here reading / research and you noticed such thing happened to them, would you be happy at that point?
The answer is "No" because what i think is actually happening is "counseling" so that they could know how to enjoy their freedom not by the other way round sir.

Yes it is true, Freedom is Freedom.

Thank you

Yes, you possess the "freedom" to remain financially enslaved to middlemen who profit from everything you do.  Entirely your prerogative.  They can charge you fees, sell your financially sensitive personal information to whoever they like and, sooner or later, lose all the BTC you've handed to them, as tends to occur quite frequently.  And then you'll have the freedom to whine about it as though it were someone else's fault.  All of that is certainly a choice you could make.  You're also free to squander every other opportunity available to you in life.  Would be a bit of a waste, though.  

Maybe learn to properly leverage the tools you've been given and you might discover even greater freedom than you envisioned?

How do you define freedom, then?

It's not as if our choices aren't influenced to a certain degree by external factors. No single decision is made in a vacuum. There are always circumstances surrounding each and every decision that we make. There's nothing absolute in this world.

People submitting KYC; are they absolutely free in choosing to do that? People leaving funds in centralized exchanges; do they know its implications and risks? Are they completely informed of all the possibilities arising from it? People who repeatedly use their addresses; are they aware of what it means? Those who share private keys; are they acting absolutely free or they're simply ignorant?

Yeah this is pretty well said and I agree with your over all point here. The way I take it, anyhow for example ..just because this person prefers this type of regulation, or this aspect of bitcoin over something maybe a “traditionalist”  is against, doesn’t make them any lesser of utilizing bitcoins freedom, it’s just its in their own way.  Or perhaps I’m just overthinking this, and not sure that even makes sense lol.

Exchanges are not like banks, although both are centralized, you cannot compare the safety of the two. Leaving money on an exchange is too risky but with a bank, our money is much safer.

Bitcoin is decentralized, it gives us freedom and self-determination to protect our assets but putting all your assets in bitcoin does not guarantee our security. Given bitcoin's volatility, it's still a good investment, but not a reliable place to store money. If you convert all your money to bitcoins at the beginning of the year your asset value will drop more than 75% right now, but if you deposit it in the bank, you will lose only a few % of its value. Both have their own benefits, so why not combine but compare and choose only one when we can use both?

Bitcoin was developed as a peer-to-peer electronic currency. This means that the transaction will be borderless, with no involvement from a third party. So, Bitcoin facilitates financial freedom. We can do whatever we want with our Bitcoin, and no one will ask or track you if you keep your privacy. No one can tell how much you won unless your addresses are public. Of course, you must use non-custodial wallets for this. If you use third-party wallets, they have access to all of your coins.

Both are centralized by central banks and centralized exchanges but it is like difference between fiat currency and stable coin. Fiat currency is safer than stable coin if we compare USD and USDT or other stable coins want to peg with USD. At least the US government won't let USD loses its value too much in a few hours or few days like how UST stablecoin de-pegged and lost most of its value.

People have freedom and they are free to pick either fiat currencies or stable coins or Bitcoin.

That's a human decision. It's called "free will". Satoshi just offered the technology. We have to decide at how far we are willing to take to make it secure.
We learn things, we see exchanges bankruptcy a lot of times, it scares the hell out of us if it does happen at where we are keeping our Bitcoin.
This is why having a cold wallet is the "best advice". You are not forced, you still have a choice but that's the best option for security.
It's just sad though because it was repeatedly suggested, and yet lesser people are listening.
Sure you can do what you want with Bitcoin, that's yours, you own it, but how about those going back here crying about what happened to them.
It's a risk that we should also be willing to take, no running back to mommy.

Wouldn't OPs idea of freedom only apply if no other factors would be involved? I mean I'm totally down to store my money in exchanges if exchanges weren't free to lock it and steal it, but no, we agreed when we used their services that they have the freedom to not be responsible if your funds were lost. You exercised your freedom only to lose it to another party, which kind of makes it like it's not a matter of freedom anymore but of common sense.

To use your logic, they're technically free to say to others how to enjoy their freedom ;)

When it gets to freedom, I think people really do not understand what it means and what it stands for. It is your choice to choose what you feel to do is right for you. Without being misunderstood, freedom is not bias. Freedom is applicable in the blockchain industry. As we all know why Satoshi invented the Bitcoin. It was for the sake of freedom Bitcoin was invented so as third party would be avoided, Government would be put off our transaction. However it is unfortunate that centralised exchange does not see that and are against the major reason blockchain was invented. Nevertheless, kyc was brought in which is entirely and totally different from the Satoshi goal but  it is left for each individual to choose whether to do it or not. The choice is yours as you have your freedom and right to make your decision.

Freedom is freedom indeed.
Freedom is priceless.
Freedom is power
Freedom is democratic.
Freedom is a choice.
Freedom is not bias.

Freedom is your right!

Our entire life depends on the choice we make and how we manage the situation around us, bitcoin decentralization gave us the right to privacy but how we decide to stay private is our entire responsibility, when asking for KYC you have the right to either share it or walk away to a more decentralized platform but once you need to use centralized service you can choose to what level you want to expose your identity.

But as much as possible we should be careful with how we give up our documents to third parties for KYC purposes is risky to take for example the FTX exchange hackers may not only take money but also the may have stolen millions of user documents and using such for identity scam, this and many more is the reason why KYC is discouraged

I love this statement! This is super true! Freedom should not come with terms and conditions or anything attached to it! So if a bitcoin owner wants to do kyc and wants to pay taxes on the transactions and profit - that's freedom!

Shying away from taxes and regulations will only make our life worse because the entire system is centralized and connected. Bitcoin 9r cryptocurrency market is not matured to such a level where you can just live off it. If you want to fully realise the potential of the bitcoin you are holding, at some point of time you will have to integrate with the real economy!

Lol... You are making sense mate. If I try to keep my private keys secret and safe and after 2years I cannot keep track of where I kept it, due to memory failure or other factors. Next year I force myself again and cannot and then I register with an exchange and is able not to lose fund for 5yrs. Exchange could be freedom to me.

I have seen people who took their private key to save in the bank, and belive that it is safe...lol. Something is wrong somewhere. Anyone should use bitcoin in a way that gives them their freedom, this will encourage more adoption.

I don't think anyone is forcing anyone here on how to enjoy their freedom, what's ongoing on the forum is just the passing on of the correct information that people have misunderstood because of the way the media has reported it. If you aren't using Bitcoin with privacy in mind then you aren't truely enjoying the freedom that was meant by Satoshi. You can't say carrying out KYC on exchange are freedom. If it was freedom then the exchanges would had given you a choice but with them you don't have a choice but must do as they say so that isn't freedom.

Freedom isn't withholding my money and denying me access to them, freedom isn't putting my account on restrictions and demanding I provide verification on how I optioned such funds. Freedom isn't using centralized exchange mate, you won't understand all this until it happens to you. Freedom is decentralization and that's why bitcoin was invented

You are confusing the word freedom with the word privacy.  All you have listed are concepts that can become freedom if done with the right privacy but if you don't take care of your privacy first how can you claim freedom afterwards?  I'll give you a trivial example, a centralized exchange who asks for your KYC documents has already invaded your privacy but at the same time has made you less free because it will only send your documents to the authorities.  Instead if you had used a p2p and you would have secured your privacy then you would have untraced Bitcoins and your freedom.  It's easy to be free, it's hard to stay free.

^You pointed it out and it is definitely right.
But the problem is our government, they want us always be regulated that should not have freedom because this freedom that we seek could be used against them. Good thing we have BTC that can be used as our freedom, so if the owner of the BTC is willing to be regulated by the government and use a centralized exchange because that person is nothing to hide even if there is a KYC procedure, that is freedom. But the true meaning of freedom is that you are free whatever you do in your coin, anytime, everywhere and your coin, your decision must be followed.

Decentralization won't mean this chain speaks for freedom. I'd say less monitored than fiat 'coz in order to make use of it in most of the countries, third party wallets would be needed which are centralised in the first place. KYC and such are also factors which indeed, contrary to what OP have mentioned about Bitcoin being 'free'. But that's fine still. But let us all not be confused of what freedom really is, and that is definitely different from being negligent (as he mentioned keeping ir storing his assets in exchangers, and sharing private keys).There are limits to everything not only in this technology. We should take advantage of this chain's decentralization feature but responsibility would be more appreciated by this industry.

I'll be honest, I didn't understand anything you wrote.  Maybe you either misunderstood yourself or used a translator?
I didn't understand what you mean by the concept of freedom and decentralization.  We all know how important this is but it's not the only thing to be free.
As I have already explained, freedom is not achieved without taking care of one's privacy.
Centralized wallets?  Again I don't understand what it means, do you mean something like Chivo?  See what's happening in El Salvador.

I guess you're mentioning dictate if it's a typo.

Ofcourse you can decide how to use your money and if you want to share with everyone then share your private keys to public and announce anyone is in need can use this money.

Doing KYC on exchange's is not anti bitcoinersm, but it makes the centralized exchanges to gain authority over decentralisation which is not Satoshi really expected to happen.

I think what you are trying to say there is that each person has their own freedom, that they can do whatever they want. If so then what is the point of adding btc there? However, btc is also created for the same purpose and that is for the people to have freedom from banks and governments. Satoshi didn't do anything wrong but the regulations that we are experiencing lately are introduced by the governments. This doesn't interfere the true bitcoiners because they mainly use decentralized platforms for their needs.

If there is one thing that btc users are whining about, that is they badly want to see Satoshi Nakamoto. These people can't seem to be contented with what satoshi has to offer but they also wasn't to invade the privacy of the guy.

I admire Satoshi's motivation behind bitcoin's lack of third-party participation, full control over your money, freedom from fees and laws, and lack of paperwork compared to banks. Even with bitcoin's foundational anonymity, it stands strong despite hacks and frauds. Even though bitcoin has a great deal of freedom, it is not without risk. Scammers are constantly coming up with new ways to steal peoples' money, and there are numerous warnings about scams and keeping your money in an online account, as they say, "Not your keys, not your coin." It is always safer to keep your money in a wallet and make sure the seed phrase is well-secured. And speaking of not knowing how much you have, I believe that is the greatest option. In addition, I believe that knowing who you share your private key with is important for security reasons.

I get your point, and you have made sound arguments regarding the role of freedom in the situation with bitcoin and the people, but as it stands today, I don't think it has come to a point where people who exercise their "freedom" as you put it have been persecuted for such, although of course the wiser ones in here would furrow their eyebrows at the sight of such behavior, especially now that situation in the cryptocurrency world is a bit awry thanks to FTX and SBF. For the most part, advise is what the people of this forum give to the people who are none the wiser with the things that involve bitcoin and cryptocurrency as a whole. So I don't think there's an anti-bitcoin statement made at least. Although again, I cannot stress this enough, the freedom that Satoshi Nakamoto introduced is just beautiful we can't emphasize how big of an impact it had made to us.

That is very true, you pointed out an important issue for discussion. If everyone follows the freedom as it is supposed to be the government will use it against people. But that is not my emphasis. My emphasis is within the bitcoiners, not everyone has all it takes to follow Satoshi standards strictly, so people who are unable to meet up should not be chastised or seen as anti bitcoiners. Freedom that bitcoin offers should be absolute.

Bitcoin is the top investment in crypto and getting enticed by it would be good news for some people while bad news to some. Freedom of Bitcoin is not mere talking but putting it into work will definitely proved about those taking it serious and those that are not. Following the freedom of bitcoin will lead some people far away because some get easily carried away by these crypto projects with enough distraction. Only the process alone is big stress to people and they might not be able to matchup the work required or involved, thereby making them to drop without second thought.

You honestly understood the whole gospel.
Mr. A may feel more of freedom if he can simply go to exchange buy bitcoin and send to their private wallet than Mr B who doesn't want to enroll kyc. In search of non kyc exchange or a decentralized exchange, got scammed or hacked.


Shying away from taxes, wanting to remain 100% anonymous and not integrating with the economy is one of the reason bitcoin owners are accused of illegal business because no one can actually tell what they do and how they do it.

But it will be difficult for us to avoid taxes because the government can easily find people who don't want to pay taxes. But if the government wants to understand how much tax must be paid by crypto users and not apply too high taxes, I think crypto users might want to pay taxes. After all, not all crypto users are rich people with lots of money and other sources of income.

One of the efforts of the state government to legalize crypto is indeed to be able to apply taxes with the aim of these taxes as a source of state financial income.
So we as wise crypto users can take the positive side of the tax that can make a country legalize crypto and on the other hand to help the country from financial inflation.
If you say that not all crypto users are not rich, I justify it and the taxes that are applied are also not the same for each user because the amount of tax that is applied depends on the amount of crypto assets held and the amount of assets when making a transaction, so there is a difference from any taxes requested.

That is part of freedom, but someone doing this should be aware every actions have consequences. If they want to remain anonymous, while having a wealthy lifestyle they must be aware it will bring a lot of undesired attention from authorities who will investigate this individual in order to discover from where his money come from and why he isn't declaring his source of income annually, potentially having to pay a very expensive fine for the crime in question, and forced to change his actions from that moment on regards his personal accountability. After all, society's rulers enforces freedom isn't practicable.

Why would you avoid taxes?  It is our duty as citizens of a country.  We need to pay taxes so that greedy politicians will have something to put in their pockets.  but seriously, if the government is honest, tax is one way for the government to maintain its development and services.  One of the reasons why the US of A is developed is that the government implement high tax to sustain the government activities.  Without people taxing, the government won't have any funds to spend and will continue to be underdeveloped.

Freedom doesn't mean evading responsibilities.

Correct its out duty as citizen to pay tax since if there's no tax circulating on our country there's no development will happen to our country so avoid thinking about avoiding that since in the first place we are the one who will suffer since we might experience to get limited services for having that. If they are worrying about their tax being corrupted by those greedy politician well maybe its best for them to choose who's more better official there is a election and people have power to choose their leader so choose wisely on that.

Exchange is a cardinal point to bitcoin adoption and usage in fact exchange is a primary factor that contribute to bitcoin scalability if truly we want to see bitcoin mainstream adoption then the exchange is the vehicle to achieving that.
Why some feel exchange are anti-Bitcoin and road lock to bitcoin success is because of the number of bad factors that are emanating from exchange operations such as hack and exit scams perpetrated by exchange owners which in turn give bitcoin a public bad image. But bitcoin users are now becoming well informed as to how to relate with exchange cautiously by not storing their large funds on the exchange because it is better to have your Bitcoin held in a private wallet that only you know the keys to that wallet.

Hopefully, the government will pay attention to the fact that each crypto user has different assets. But with the 4 year cycle of bitcoin, the amount of tax that will remit to the government will increase drastically because, at that time, a crypto user can have potential assets that can increase. On that 4 year cycle, he may have huge profits from its assets. And that would cost him huge taxes.

I'm not saying I'm going to avoid taxes. I know that paying is our obligation as citizens. Taxes do contribute to the development of a country. But unfortunately, if there are still greedy politicians or corrupt officials, the tax money may not distribute in the right direction. And it's no secret that there are still officials or officials who take tax money for corruption.

But the government should recalculate the amount of tax they want to apply to crypto users and maybe if they want to discuss with crypto activists or crypto users, they can find out that all crypto users don't mean people who have a lot of money.

But how could they put Taxes in crypto? this is why government wanted to enter the crypto market so at least they can figure out how to take money from us , and this is the argument that until now is up.
but for me? i am in favor of this so they might consider legalization and adoption in early time.

We as investors can overcome this.
The Bitcoin cycle does occur every 4 years and every investor will definitely get a big profit from their investment assets at that time.
By selling all assets when the Bitcoin cycle occurs and waiting for the right time to make withdrawals and withdrawals, we do it gradually indirectly as a whole, so we can minimize the amount of tax we will pay, so there is no need to worry about the size of the tax given because we can still find ways to minimize taxes on the state.

This is the point indeed what you can see right now on the internet. Most of the people who love privacy, will always advice you on some privacy matters that what they can see, they will educate you that x is bad, y is good, and you should this, and that.
I got your point, freedom always comes from our self. Just like they way we start using Bitcoin, it became freedom already.

All thanks to Satoshi. He created this amazing decentralised coin for which we have become independent in managing our money. Definitely due to this, many have saved tons of money from paying the unnecessary tax. Moreover you are getting full control over your money and wealth, whereas in bank, you need to follow certain rules and the money aren’t completely yours. Many people have already known the true value of Bitcoins, and they can completely take the profit of decentralised nature, if they do the P2P deals while buying Bitcoins. Really the innovation of Bitcoins have completely changed the Era.

You have no "financial freedom"... when you choose to use third party services ... or if you go through the KYC procedures or when you divulge your private financial information to the public ..by re-using Bitcoin addresses and sharing your Private key.

Yes, you used your freedom of choice... but you sacrifice your financial freedom.  ::)  I think that is what Satoshi's goal was for people, when he created this technology. (Pseudo anonymity and no sharing of your private financial information ....and reliance on 3rd party services) 

It's not anti bitcoin for a user to do KYC on exchanges, but KYC in itself is against one of Bitcoin's core values, privacy. It is anti bitcoin for KYC to be mandatory across of any means involving the exchanging of Bitcoin, and if those who require KYC were to choose which way it should be, they would choose KYC to be mandatory everywhere. Therefor, KYC is somewhat anti-bitcoin in the sense that it goes against its values.

I totally agree with your opinion, all of this is thanks to Satoshi so that we can get absolute freedom in investing and trading bitcoin, we can also get full control over the wealth that we get from bitcoin, Satoshi, starting from the beginning of the white paper project, has hidden his identity very tightly, the goal is that he doesn't become a target for the CIA and the government, because the technology created by Satoshi is very sophisticated, if Satoshi shows himself maybe the bitcoin project will be a little not decentral because there will be an idolized figure, but whoever he is, he has sacrificed himself for humanity .

I have no idea how the government can do it but the government sure can do it if it's for the sake of getting extra taxes from people. Maybe the government can cooperate with local and foreign banks or exchanges to request a list of names of its citizens who use exchanges or from the bank so that the government can sort out each of its citizens to be taxed. I also support it but I just hope the government adjusts the tax for each crypto user because not all crypto users have many crypto assets.

Indeed maybe they will do that but there is a possibility that some crypto users will immediately withdraw all their profit money in one withdrawal so this will trigger the attention of the bank to see a large amount of money being sent. Then, of course, the bank will send a report regarding the existence of large-scale transactions from several of its users and the government will investigate further. Maybe the scenario will be like that but I don't know. The government can do it in many ways that we would never have thought of.

these are if we called investors can keep waiting for at least years from now , and not to consider selling at these stage as there are some growth happening little by little.
I will have this wait for my investments now as I have already sold small part for the coming dump(in case it happens again.)

I agree that it is something that we should be quite proud of to be part of, and that all thanks to Satoshi. I am not saying that we shouldn't be really considering Satoshi like a leader or a god or an idol, because that's the type of thing that he tried to avoid.

Imagine it this way, if he wanted any of the attention or love, wouldn't he stick around? Or wouldn't he leave just a tiny bit of crypto to himself or at least a tiny bit of control? Dude built the ultimate decentralized thing and just got out. That is why I believe that we should have a respect towards him, and it should end there without going any further at all. Wouldn't have made any other sense any other way.

Bitcoin is a huge liberator, especially for people like me who value their privacy; even your bedmate won't know how much you worth.is really enjoying

Called? Or pleased? But I think we can't just do that to them because we don't know what they have been through in life. Maybe they are struggling to meet their ends so they can't help but to sell some of their coins without really needing to wait for the best moment A.K.A the bull run but they can always re-buy when they have the money again so they still have the chance to experience a bull run as long as it hasn't came yet.

In your case, you already sold some because you think a dump will occur? But you shouldn't do it if you don't sincerely need the money. You can always keep on hodling even if the price dumps and you will be just fine.