RILWAN
Member
Offline
Activity: 742
Merit: 12
Global peace initiative
|
|
December 11, 2021, 05:38:18 AM |
|
It seems to me that the reason the government is constantly attacking Bitcoin is that Bitcoin has solved the control of government and its taxation power over the citizen's financial wealth, the third party system was introduced just to enslave the financial freedom of the people.
|
|
|
|
lixer
|
|
December 11, 2021, 02:12:35 PM |
|
Studying through the fundamental objective of bitcoin and the blockchain technology I discovered some primary objectives behind the idea of bitcoin existence which is to separate it users not in totality but to some great extent from the tyranny of the government and the entire world financial system, Bitcoin have become a tool for it user to secure a financial liberty and operate independently from the traditional system. This further goes to explain how bitcoin have help it users with the financial independent needed to actualized their financial desires and dreams.
You are right, bitcoin was created to help people achieve freedom. But these days it is quite funny how some people are being deceived by custodial wallets/centralized exchanges, and they are having to give their information to register on these platforms. Although some of them do argue that centralized exchanges are easier to make use of for trading, and also provides more safety than when you’re trading, unlike decentralized exchanges that you will have to be taking the risk on your own. Well, that is what Bitcoin is all about, it gives you freedom and for you to be able to achieve freedom means that you have to be in total control of your money and every activity that goes on in your wallet.
|
|
|
|
carrigan
Member
Offline
Activity: 728
Merit: 12
|
|
December 11, 2021, 03:10:05 PM |
|
Absolutely I agree with your opinion. Bitcoin is monetary freedom for the people, they will not be bound by government and state regulations. You can process, play and use Bicoin as you like without any government intervention. Therefore, this may also be the reason for the prohibition of the use of Bitcoin as a transaction tool. Bitcoin is considered volatile and cannot be controlled by anyone, but with this you can reap the benefits. The ups and downs of the market will affect the amount of profit you can make.
|
|
|
|
Alisha FR
|
|
December 11, 2021, 05:16:32 PM |
|
Yes, bitcoin has helped many people towards financial freedom. Bitcoin operates independently without being controlled by the government, this makes it easier for bitcoin to not be intervened by any party. Investments in bitcoin are not legally protected, and the honesty of bitcoin management makes all its users trust without arousing suspicion.
|
|
|
|
haasanjui
Member
Offline
Activity: 434
Merit: 11
|
|
December 11, 2021, 06:03:07 PM |
|
Bitcoin is introduced to help people. Bitcoin is easy to use anyone can use bitcoin and it is not controlled by any government. Anyone can use it freely and it is not legally secured but people has trust on bitcoin.
|
|
|
|
Tellek Garing (OP)
|
|
December 11, 2021, 09:21:21 PM |
|
Governments around the world are becoming more controlling & authoritarian. If it gets much worse I’m going off the grid & bitcoin is perfect for survival in this model.
The more authoritarian the government becomes the more it loses its respect in the eyes of its citizens who have chosen Bitcoin as its secondary currency because Bitcoin is decentralized and the government can never take control of its operations.
|
|
|
|
haasanjui
Member
Offline
Activity: 434
Merit: 11
|
|
December 15, 2021, 05:42:31 AM |
|
Bitcoin is tool of self freedom because bitcoin user can't depend on banks and government. It depends on it self. However he use bitcoin No needs someone permission. No banking charges and no documents signature needed only security keys matter.
|
|
|
|
RILWAN
Member
Offline
Activity: 742
Merit: 12
Global peace initiative
|
|
December 17, 2021, 06:30:42 AM |
|
Bitcoin is tool of self freedom because bitcoin user can't depend on banks and government. It depends on it self. However he use bitcoin No needs someone's permission. No banking charges and no documents signature needed only security keys matter.
You are relatively right but again Bitcoin users need to service of banks to exchange the bitcoin before usage, bitcoin is a tool for financial freedom but it still runs on some centralized agencies such as exchange and other platforms that require a third party.
|
|
|
|
aryana42
|
|
December 18, 2021, 05:45:01 AM |
|
crypto technology is growing, bitcoin is able to provide motivation for the birth of thousands of altcoins. in the last 11 years bitcoin has had a huge impact on its users, as you said, namely financial freedom. those who hold it already have good luck. There are many other jobs that provide financial freedom, but they are all tiring. crypto technology makes people sit down and learn how to invest and how to trade, it is tiring at first. but fortune will soon come to those who always train themselves.
|
|
|
|
MIner1448
Member
Offline
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
|
|
December 18, 2021, 11:12:32 AM |
|
I am completely solace about financial freedom, bitcoin can solve all issues related to fast transactions and complete anonymity, the main thing is that these properties are for the benefit of society. And in general, with any attempt to carry out some kind of transaction through cryptocurrency, everyone has an idea to do it through bitcoin.
|
|
|
|
el kaka22
Legendary
Offline
Activity: 3556
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
|
|
December 18, 2021, 02:03:25 PM |
|
Unfortunately there are still people who don’t know this, and they are still making use of centralized exchanges or wallets. The way that Bitcoin was created, we don’t need to be making use of centralized exchanges or custodial wallets, we are meant to be making use of wallets that are decentralized and gives us complete control over our wealth or assets,by letting us have our private keys.
When you are making use of wallets that requires you to fill out KYC forms, then it is no longer a decentralized wallet, you are now giving out your information which is against the purpose of why Bitcoin was created. Anyone who is making use of Bitcoin is meant to have their privacy, and not having the government look into every transactions that you are making all the time. When you are making use of a centralized exchange or custodial wallet, the government will be able to look into the transactions you are making, So, what is the need then?
|
|
|
|
taufik123
Legendary
Offline
Activity: 2562
Merit: 1767
Rollbit.com | Crypto Futures
|
|
December 18, 2021, 03:45:42 PM |
|
Financial freedom without anyone's shadow is what most people want. Bitcoin or cryptocurrency will help bridge this, so that everyone is able to control their own assets without any interference from others. Financial independence like this certainly has some risks that will be your own responsibility. If in the traditional financial system that we use today, we use the current party as our financial controller, but some fatal risks can be avoided. Cryptocurrency has risks that really need to be watched and studied.
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
|
|
|
syedzakir
Jr. Member
Offline
Activity: 95
Merit: 2
|
|
December 18, 2021, 04:07:41 PM |
|
Bitcoin is actually a currency that is governed by the it's buyers and sellers. No government can take control over it until they invest some of their assets in it. Secondly whales are the one who govern its price. But not as much so it provides us with the opportunity of decentralisation.
|
► ► enVoy │ envoydefi.com ◄ ◄ ▐ █│ Sustainably Green Trust in Trade │█ ▌
|
|
|
pinggoki
|
|
December 18, 2021, 04:13:50 PM |
|
Bitcoin is tool of self freedom because bitcoin user can't depend on banks and government. It depends on it self. However he use bitcoin No needs someone permission. No banking charges and no documents signature needed only security keys matter.
It's not true freedom if we still depend on it though for our daily lives, true freedom isn't achievable, if it was then this world will plunge into chaos. Yes, bitcoin gives you financial freedom but does things change? Right now with the price so high, I am a bit skeptical that it can change someone's lives when they get in at this price, they might change yes but with a volatile market, it could be for the worse.
|
|
|
|
|