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Author Topic: Why I like bitcoin  (Read 7655 times)
ron7684 (OP)
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January 27, 2016, 01:14:21 PM
Last edit: November 18, 2016, 10:07:18 AM by ron7684
 #1

it is great

racquemis
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January 27, 2016, 01:16:41 PM
 #2

I think this is one of the main ideas behind bitcoins... the big "F*CK YOU"
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January 27, 2016, 01:29:25 PM
 #3

I was thinking if satoshi nakamoto created bitcoin for against this. And why he/they disappear is for avoid become to govs minions and for make a freedom money.
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January 27, 2016, 01:38:17 PM
 #4

The feds shouldn't be knocking in your door as long as we have decentralized nodes and also increased privacy by native Tor support, this is why I support core and not Classic and the other hard fork proposals, I just can't trust that they are pro decentralization of nodes and pro privacy, therefore why would I want the devs to change..
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January 27, 2016, 02:36:04 PM
 #5

It is the epitome of democracy.

Government is supposed to represent the wants of its citizens, but somewhere along the way they got power hungry and chose greed and control. Bitcoin is a great way to say fuck you to institutions stuck in the past. It's time the world grew up.


inb4 feds at my door

haha right on! bitcoin is a revolution against corrupt government made by nakamoto satoshi, right know government is not yet feeling the effect of
bitcoin and if bitcoin continue to become popular to use around the world eventually government will start to feel the revolution.

im not against my government but im against corrupted government officials.

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January 27, 2016, 02:38:18 PM
 #6

It is the epitome of democracy.

Government is supposed to represent the wants of its citizens, but somewhere along the way they got power hungry and chose greed and control. Bitcoin is a great way to say fuck you to institutions stuck in the past. It's time the world grew up.


inb4 feds at my door

Exactly! Bitcoin gives you freedom from centralization and the greedy practitioners present in the Federal Reserve. By using Bitcoin you are indicating that you are your own bank and have total control over it. No ones there to mint fiat/ paper money out of thin air and then pump it into the economy which makes no sense. 
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January 27, 2016, 02:58:52 PM
 #7

It is the epitome of democracy.

How so?

Democracy is an overrated shit. It almost never works as it should. It's massively flawed on many levels and ineffective. How do you compare it to Bitcoin? Are you equating hashing power/nodes to voters?

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allthingsluxury
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January 27, 2016, 03:08:00 PM
 #8

Definitely one of the main reasons why people enjoy the use of Bitcoin, although as you delve into it, the benefits of using this currency are staggering. Bitcoin for the long term.

onlinedragon
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January 27, 2016, 03:11:05 PM
 #9

For me personally I like the way to earn free Satoshi and try to make more with it. Have some scammers found on mine road but learned from that. At the first start we all have to experience how it really work all.
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January 27, 2016, 03:31:49 PM
Last edit: January 27, 2016, 04:14:41 PM by Bitcoinbro
 #10

I think people bitcoin like it, because you can earn money with it at first
And secondly it has a kind of amusement.

So why are people Bitcoin nice because it kind of business is.
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January 27, 2016, 03:42:28 PM
 #11

Totally agree with you as this is also one of the factors why I like it in the first place. Government itself always want to have control over everything that they offer to it's citizens and yet keep on making silly rules all the time so they would restrict each citizen in case they try to find some freedom but with BTCitcoin it's the other way since you have your freedom in tip of your fingers and you could always bend in a little bit further without being restricted into it's use.

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franky1
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January 27, 2016, 03:46:07 PM
 #12

Exactly! Bitcoin gives you freedom from centralization and the greedy practitioners present in the Federal Reserve. By using Bitcoin you are indicating that you are your own bank and have total control over it. No ones there to mint fiat/ paper money out of thin air and then pump it into the economy which makes no sense. 

miners are the mint. the blockreward is minting funds out of thin air..
the difference however is that it is controlled output that cannot be manipulated or run a muck even by those creating the funds.

different implementations like multibit, electrum are the equivalent to regional bank ATM's all connected to the same network developed by bitcoin-core but managed by different companies.

so it gives you freedom from government.. but is not 100% freedom. after all bitcoin-core's next implementation could totally avoid including the ability to import standard private keys, forcing people into moving funds into HD segwit keys. or be left behind..  if they wished to..
or even change how the blocks are transmitted and what information is included in them. if they wished to..

bitcoin core is the federal reserve. if your not using their network then your using an altcoin
the only difference is that its alot easier to make your own implementation that sticks to the 2009-2015 rules and ignore any sinister rules future changes, weakening core's control of future direction if everyone else done the same, should bitcoin-core decide to take things in that direction.

so although its not government controlled.. its not 100% user controlled.. its a public democracy with known leaders, not a public society managed individually. and as long as bitcoin-core stays moral and does not abuse its democratic power, they will continue to lead the way. if they start doing plans that dont sit well with users then there would be a revolution into a more society managed network. where there are 100 different implementations all working together to ensure one doesnt force the network down a dark path

so dont be too dreamy that bitcoin is not controlled.. otherwise you will let things happen that your not aware of, until its too late.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
EthanB
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January 27, 2016, 03:46:42 PM
 #13

I think this is one of the main ideas behind bitcoins... the big "F*CK YOU"
IMO Bitcoin isn't meant to be a "fuck you". I like bitcoin because it makes an attempt at fixing one of the biggest problems that we face globally. Big Banks, Federal Reserve and other things like that need to be checked and balanced. This isn't going to happen this late in the game, and so the reason I like bitcoin is because it is what it is: a "de-centralized peer-to-peer currency".
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January 27, 2016, 03:48:32 PM
 #14

I can mention a few reasons.
Get rid from banks.
Financial freedom.
Anonymity.
Possibility to become reach in the near future when price increase.
Chance to be part of something revolutionary what can change the world etc.


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LuckyYOU
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January 27, 2016, 03:49:00 PM
 #15

I think people bitcoin like it, because you can earn money with it at first
And secondly it has a kind of amusement.
So why are people Bitcoin nice because it kind of business is.
No I don't think so, people are using bitcoin because its fast,secure and not traceable.
People want to make profit thats the main reason,
plus you can make a lot of profit in a fast time schedule.



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January 27, 2016, 03:55:54 PM
 #16

i will like more bitcoin, when i will be able to purchase anything(ANYTHING) with it, right now bitcoin is still at 10%, from being complete

what i really like is that you can move your funds(even big numbers), without accounting to anyone
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January 27, 2016, 03:58:10 PM
 #17

I like Bitcoin because it is the opposite of a democracy
elizabethqueen
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January 27, 2016, 05:16:21 PM
 #18

It is the epitome of democracy.

Government is supposed to represent the wants of its citizens, but somewhere along the way they got power hungry and chose greed and control. Bitcoin is a great way to say fuck you to institutions stuck in the past. It's time the world grew up.


inb4 feds at my door
so many reason why i am still using bitcoin,beside because i love bitcoin,also bitcoin give me future payment,future transaction,i never imagine that someday i can sent money to people with easy way,fast and secure,and also i can make account to store my bitcoin easily,amazing Grin

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January 27, 2016, 05:21:37 PM
 #19

A "F U" attitude towards governments are not going to open doors for it's acceptance. We have to engage with them on a more civil platform. These

governments have a huge role to play, in the future of this technology and we need to listen to their concerns and address the needs. We do not want

to end up with a situation where Bitcoin is banned in most countries and you have to go underground to use it. If they needs are unreasonable, we

will voice our concerns and engage in conversation and debate.  Wink

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January 27, 2016, 06:54:11 PM
 #20

i mostly like bitcoin because its transactions are almost free and actually everyone that has internet connection can easily use it
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