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1001  Bitcoin / Bitcoin Discussion / Re: Will the government accept it? on: November 26, 2020, 06:07:49 AM
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  If my idea proves to be correct, will the government of the country accept it?
 1. Will the government of a country ever want their banking sector to be abolished?
 2.  How will the government collect taxes from the people?
 3.  If the government can't keep track of people's legitimate money, won't corruption increase?
1. Historically speaking, there were two types of banking in the past: loan banking and deposit banking. Both of these are one of the greatest inventions of humanity, and, obviously, they were not created in a vacuum. People needed banking services, and wanted loans and safe deposits. The problem is not in banks per se, it is essentially a business like any other. The problem is the money they are using. If money, for example, paper receipts, could be easily inflated, debased, counterfeited, that leads to fractional reserve banking and a flawed system we have today. If banks and governments start to use bitcoin instead of unbacked paper, the banking sector will be more healthy.
2. Aren't they collecting crypto taxes today?
3. It is a common fallacy. Government control over money only increases the level of corruption.

So in the end we can say that our society is useless without banks.  Isn't that so?
Isn't it true that Bitcoin is incomplete without a bank?
1002  Other / Archival / Re: [Merit] Hey Newbies! Can You Sign A Message? on: November 26, 2020, 04:36:47 AM
Code:
Address: bc1qmmvqgs832fu8r2ys9gv5dyjs5zum9t49t5m83g
Message: I'm CoinPeer and I can sign a massage
Signature: ICukP1VITZ/rPvaezyzfm7VCWacJ3Za2SYB8Q/DZFnDdZJZZT0rbgrUfDVwAcHW2AoQXR/ha1xGyj6eX5socY9I=

I think I miss your attention
please sir, consider my application.
1003  Bitcoin / Bitcoin Discussion / Re: Can bitcoin make someone the richest in the world? on: November 26, 2020, 04:18:53 AM
There is a stark difference between the rich and the rich all over the world.  You can be rich if you want.  But you can't be rich all over the world if you want to.  It requires you to have extraordinary knowledge.  Many people are able to live a better life by using Bitcoin.  Many people have got the opportunity to live a better life by investing in Bitcoin.  But they will never be the richest in the world.  The richest people in the world do not invest in Bitcoin, but they do support Bitcoin.  And the proof of this is Bill Gates.

      "BITCOIN IS EXCITING BECAUSE IT SHOWS HOW CHEAP IT(FINANCIAL TRANSACTION) CAN BE. BITCOIN IS BETTER THAN CURRENCY IN THAT YOU DON'T HAVE TO BE PHYSICALLY IN THE SAME PLACE AND OF COURSE FOR LARGE TRANSACTIONS CURRENCY CAN GET PRETTY INCONVENIENT"
 
            -BILL GATES
   co-founder of microsoft
1004  Bitcoin / Bitcoin Discussion / Re: What happens to my bitcoin if I die today? on: November 26, 2020, 03:34:04 AM
The process of digital currency is a decentralized process.  In that process no one but you will know the news of your money.  Not having your private key means you can't use your money.  So it goes without saying that when you die, your money will go to the grave with you.  Since you didn't pass on your private key to anyone.  This will be best for you, if you use all your money for your family.  You can even make a home for your child.
1005  Economy / Speculation / Re: who believes that the price of BTC high next month? on: November 26, 2020, 03:16:37 AM
I can't agree with you.  My suspicion is that Bitcoin will not be able to cross $20,000 this time.  I believe Bitcoin will go back to $10,000 again.  The price of Bitcoin has dropped by $1000 compared to yesterday.  The current price of Bitcoin is a little above $18000.  Bitcoin has been drifting downwards for the past few hours.  My firm belief is that Bitcoin will no longer run upwards.  Although the price of Bitcoin cannot be predicted. From my small knowledge it seems that Bitcoin will not cross $20000 this time.  Maybe next year Bitcoin will break the 2017 record.
1006  Bitcoin / Bitcoin Discussion / Will the government accept it? on: November 26, 2020, 03:02:58 AM
This is the reality as long as we are modern.  Think back to ancient times when people didn't know what money was.  They make transactions through products.  That is, one would replace the other's meat with vegetables.  And that was the process of their transaction.  People have changed over the course of the day.  At one time they used the leaves of the tree as a means of transaction.  Later, gold coins and silver coins were gradually introduced.  And today paper money has been created to make transactions easier.  But even 300 years ago there was no bank, and today we cannot go without a bank.  In the same way, 20 to 30 years from now, maybe the banking system will go up.  Because people don't want anyone else to know their bank account.  And people will choose digital cryptocurrency as an alternative to this bank.  Bitcoin may be his alternative.  Bitcoin is a decentralized process. This means that there is no need for a third party in this process.  There will come a time when people will no longer take the help of banks.  They will manage all the activities of daily life starting from shopping through digital cryptocurrency.

  If my idea proves to be correct, will the government of the country accept it?
 1. Will the government of a country ever want their banking sector to be abolished?
 2.  How will the government collect taxes from the people?
 3.  If the government can't keep track of people's legitimate money, won't corruption increase?
1007  Economy / Economics / Re: Is it possible to live without banks? on: November 26, 2020, 02:51:23 AM
This is the reality as long as we are modern.  Think back to ancient times when people didn't know what money was.  They make transactions through products.  That is, one would replace the other's meat with vegetables.  And that was the process of their transaction.  People have changed over the course of the day.  At one time they used the leaves of the tree as a means of transaction.  Later, gold coins and silver coins were gradually introduced.  And today paper money has been created to make transactions easier.  But even 300 years ago there was no bank, and today we cannot go without a bank.  In the same way, 20 to 30 years from now, maybe the banking system will go up.  Because people don't want anyone else to know their bank account.  And people will choose digital cryptocurrency as an alternative to this bank.  Bitcoin may be his alternative.  Bitcoin is a decentralized process. This means that there is no need for a third party in this process.  There will come a time when people will no longer take the help of banks.  They will manage all the activities of daily life starting from shopping through digital cryptocurrency.  And I think it will be very fast.
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