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Author Topic: Definition of Bitcoin ?  (Read 647 times)
ammy009
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July 08, 2015, 04:50:53 PM
 #1

What is Democracy ?

Abraham Lincoln quotes : “Democracy is the government of the people, by the people, for the people”

What is Bitcoin ?

And, now we say : “Bitcoin is the currency of the people, by the people, for the people”


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July 08, 2015, 04:56:14 PM
 #2

I'm pretty sure that the initial democracies have functioned much better than what we have now. However, they have failed us over the years and voting doesn't change that much.
The problem is that money is tied to banks and politics, which easily leads to corruption.

Bitcoin is supposed to give (at least some) power to the people, power that they deserve.

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dothebeats
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July 08, 2015, 04:57:25 PM
 #3

What is Democracy ?

Abraham Lincoln quotes : “Democracy is the government of the people, by the people, for the people”

What is Bitcoin ?

And, now we say : “Bitcoin is the currency of the people, by the people, for the people”



Great definition, but I would like to add my own: A trust-free cash system and a decentralized peer-to-peer cryptocurrency developed to provide people to use their money in their full control.

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July 08, 2015, 06:04:21 PM
 #4

I think the start of this video has a pretty good definition Smiley
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July 08, 2015, 07:22:00 PM
 #5

i find it pretty simple

bitcoin is the talk of freedom through a currency

but it depend on what you value most about bitcoin, for me is its decentralized nature
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July 09, 2015, 03:55:23 AM
 #6

What is Democracy ?

Abraham Lincoln quotes : “Democracy is the government of the people, by the people, for the people”

What is Bitcoin ?

And, now we say : “Bitcoin is the currency of the people, by the people, for the people”


Good Definition of Bitcoin.  Grin
But Definition bitcoin for me is "Bitcoin is freedom currency".  Grin
Because bitcoin not controlled by someone or country,and not bound in any regulation.  Cool


Nice job guys, is pretty emotional to actually read all the definitions of what bitcoin means to everyone here, i have an idea of doing a video for this.
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July 09, 2015, 06:18:57 AM
 #7

Bitcoin is freedom, freedom of using your currency without being liable to any financial system, freedom of using your currency at your own dispense of anonymity. that's bitcoin to me.

RappelzReborn
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July 09, 2015, 06:35:31 AM
 #8

I really like the definition to be honest Grin sames goes for democracy definition however there is no such a thing today on the world , there is no democratic country on the world even if there is , it's just a name and there is limits shouldn't be crossed .
And same will happen to Bitcoin , it won't be same definition after some years because now and as we can see banks creates copies of bitcoin ..which means hasta la visa for "Decentralisation" , fees already screwed by debit cards , privacy screwed with exchange that asks for IRL informations .

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July 09, 2015, 06:06:58 PM
 #9

Bitcoin is freedom, freedom of using your currency without being liable to any financial system, freedom of using your currency at your own dispense of anonymity. that's bitcoin to me.

Yes it is the virtual currency and now we can also call it as a democratic currency as no one has controlled over it not even the government and that makes it a really special one. And it is more popular as the privacy factor is attached to it that makes it really attractive.
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July 09, 2015, 08:13:23 PM
 #10

Bitcoin is a lot of things. A token, a protocol, a consensuated community, a store of value . Bitcoin is freedom!
zeraTunerse
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August 23, 2015, 09:58:18 AM
 #11


What is Bitcoin ?

And, now we say : “Bitcoin is the currency of the people, by the people, for the people”



I guess This is Right , “Bitcoin is the currency of the people, by the Satoshi Nakamoto, for the people”

I think We should distinguish this Legend "Satoshi Nakamoto" as he deserves it.
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August 23, 2015, 04:25:36 PM
 #12

new currency for the future.
and we can get much more if we want.
can buy something with bitcoin.
having debit card, and atm too.
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