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Author Topic: Bitcoin for all levels of society, without any difference  (Read 4340 times)
Yakamoto
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May 18, 2017, 11:41:58 PM
#21

Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?
It's not wrong, but a lot of this is the same for things that aren't explicitly luxury goods. People of most social classes (if not all) can trade currencies, buy precious metals, along with a fair amount of other things. It's not like this is something that is solely exclusive to Bitcoin.

Anyone from any social class can use the USD as long as they have access to a currency exchange, much like how anyone can use Bitcoin if they have access to an exchange or wallet.














 

 

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May 18, 2017, 11:53:05 PM
#22

It is unclear what exactly the author had in mind this post. Anyone can use bitcoins and other currencies. Just if a person is poor he doesn't have that amount of money rich people have, but agree this is a completely different topic.

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May 19, 2017, 02:49:32 PM
#23

since bitcoin was made indeed it is for everyone and for every countries in the world also so there is no big difference like other currency that all people able to use bitcoin even for illegal acts or for only people daily earnings as long as there is internet connections everybody could use it

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May 21, 2017, 02:49:23 PM
#24

Bitcoin is still just money, so everyone in theory is free to use and own one - if they can. With that comes any restrictions you might have with fiat. If it's illegal to eat babies in your country, then buying that 100% canned human fetus from abroad would still be illegal even if you paid with bitcoin instead of fiat.

The difference is that it would be easier to do these transactions with bitcoins but these are not exactly untraceable.
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May 21, 2017, 05:55:09 PM
#25

Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?

I have a great response on it. These unique qualities make the bitcoin super and first popular crypto currency.
Bitcoin is decentralized, and its use for every purpose make it powerful. That the reason in everyday bitcoin price is going to high. Bitcoin make the people life easy in earning way and in using way.   

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May 21, 2017, 07:07:35 PM
#26

Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?

Being a decentralized currency it is encouraged to use bitcoin everywhere and in all forms, but we can't really support the illegal transactions with bitcoin. The recent ransom-ware attack was asking for bitcoins as ransom money which made bitcoin infamous among a group of people. They started thinking that only criminals use bitcoin. When the fact is most of the bitcoin users are innocent and not part of any illegal group or people.

So bitcoin should be used in a correct way. Should be earned in proper manner and not by extorting someone or some companies. Bitcoin is a life-changing innovation and should be treated properly and legally.

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May 21, 2017, 07:57:52 PM
#27

Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?

This in not an opinion, it is a mere fact.

This is what Bitcoin is for. No one owns bitcoin, thus anyone who wants to have a bitcoin can have bitcoin, considering his/her capability to do so. And anyone can use bitcoin in whatever way he/she would want to just like fiat. Like fiat is for anyone who can have one as well as for bitcoin is for anyone who can have one.
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May 21, 2017, 08:17:16 PM
#28

Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?

This in not an opinion, it is a mere fact.

This is what Bitcoin is for. No one owns bitcoin, thus anyone who wants to have a bitcoin can have bitcoin, considering his/her capability to do so. And anyone can use bitcoin in whatever way he/she would want to just like fiat. Like fiat is for anyone who can have one as well as for bitcoin is for anyone who can have one.

Exactly, Bitcoin is not limited to a special class of people in society but for all just as fiat currencies are meant for all as a state tender. There are no divisions or discrimination when it comes to Bitcoin and so it can be used by all levels of society.

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May 21, 2017, 10:42:25 PM
#29

Well, theoretically the bitcoin is available for all levels, but to be honest the whole altcoin market seems a bit complex for the lower strata of society, all those persons without the enough education or financial possibilities to get involved in this modern economy.


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May 22, 2017, 04:33:41 AM
#30

Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?
I agree to that, bitcoin is free for everyone whether you are poor or rich, it doesn't matter as long as you have interest on bitcoin then you can use it as a currency and also an investment. There is no boundaries in bitcoin for the levels of society but the only difference is, when you are rich, you will will get richer fast because you have a lot of money while if you are poor, you will get in a slow process. That is the only difference that i see in using bitcoin.

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May 22, 2017, 04:51:16 AM
#31

Well, theoretically the bitcoin is available for all levels, but to be honest the whole altcoin market seems a bit complex for the lower strata of society, all those persons without the enough education or financial possibilities to get involved in this modern economy.
Exactly. Understanding and learning to use bitcoin  or altcoins has a bit of learning curve and takes a bit of time. Anyone who is not familiar with Internet and technology will face difficulty to understand all this. Moreover ot is way simpler for poor people to deal with just cash and not care about some fancy digital currency.

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May 22, 2017, 06:43:11 AM
#32

Bitcoin has been used by various parties, both the good and the bad, such as drug trafficking and hanking. I hope bitcoin continues to be used for useful things like the development of a bank system
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May 22, 2017, 06:45:15 AM
#33

Well, theoretically the bitcoin is available for all levels, but to be honest the whole altcoin market seems a bit complex for the lower strata of society, all those persons without the enough education or financial possibilities to get involved in this modern economy.
Exactly. Understanding and learning to use bitcoin  or altcoins has a bit of learning curve and takes a bit of time. Anyone who is not familiar with Internet and technology will face difficulty to understand all this. Moreover ot is way simpler for poor people to deal with just cash and not care about some fancy digital currency.

Well I don't think all uneducated people are poor and likewise not all poor people are uneducated. It's just that the uneducated might take a longer time to adjust and accept the digital system but with tier will all be there. Bitcoin is to all levels of society just like the fiat currencies were made for all but each individuals economic fortunes will determine the amount of it they will have stored in their respective wallets.



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May 22, 2017, 10:25:33 AM
#34

Bitcoin has been used by various parties, both the good and the bad, such as drug trafficking and hanking. I hope bitcoin continues to be used for useful things like the development of a bank system

it can't be avoided. with btc's anonymity, it's certain that a lot of illegal practicers would take advantage of it and I think it would be very hard for any government to regilate that. though for me, the good things btc can do to better lives outweighs the negative uses of it. imagine how easy nd fast transactions would be and how people can earn decent profits from it if btc gets introduced to more levels of society

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May 22, 2017, 01:16:25 PM
#35

Like money Bitcoin was made for all as a legal tender in the procurement of goods and services so I don't see why there should be discriminations in its usage but rather it depends on how much each individual possesses.



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Rainbot
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May 22, 2017, 01:24:13 PM
#36

Like money Bitcoin was made for all as a legal tender in the procurement of goods and services so I don't see why there should be discriminations in its usage but rather it depends on how much each individual possesses.
Agreed, bitcoin don't make any discrimination among the users, but the value possessed by every user cause a discrimination. In my opinion one who holds high fiat holds large volume of bitcoin. So they're​the one who profit with it. The mid level people always strive for a better earning access.



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May 22, 2017, 01:25:30 PM
#37

I beleive that was the idea for Bitcoin from the begininig, I don't think that intention was to create some kind of elite. But like traditionaly money isn't equaly accessible to all so  it's the case with Bitcoin and other cryptocurrencies. Internet connection, education, understanding of new technologies, these are all problems people are facing on the way to use Bitcoin.

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May 22, 2017, 08:26:02 PM
#38

Like money Bitcoin was made for all as a legal tender in the procurement of goods and services so I don't see why there should be discriminations in its usage but rather it depends on how much each individual possesses.
Agreed, bitcoin don't make any discrimination among the users, but the value possessed by every user cause a discrimination. In my opinion one who holds high fiat holds large volume of bitcoin. So they're​the one who profit with it. The mid level people always strive for a better earning access.
Anything expensive enough will sooner or later cause discrimination. Just because there will be people who are too poor to obtain it.
Bitcoin at the beginning was almost worthless, therefore was available for basically everyone interested. Situation changed.
Now, when 1 BTC is worth more than $2000 not everyone can afford to buy 1 BTC.
It's true that you can buy BTC worth $10 or $100 but soon $100 will be enough to buy you 100.000 satoshi or other ridiculous low amount of BTC.


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May 23, 2017, 01:44:38 AM
#39

Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?
It should be like that bitcoin can be used by anyone either the poor or the rich, But so far many people still do not know the bitcoin.

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May 23, 2017, 03:44:18 AM
#40

Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere

What is your response with this opinion?
It should be like that bitcoin can be used by anyone either the poor or the rich, But so far many people still do not know the bitcoin.
They didn't know about bitcoin because they are closed minded and they are mostly not interested in online opportunities but if they will be just open minded then they can fully understand bitcoin and embrace it as an opportunity to earn money and that being closed minded is serving as a barrier between bitcoin and people.

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