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Author Topic: Bitcoin for all levels of society, without any difference  (Read 5367 times)
AUDREY23 (OP)
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May 17, 2017, 06:09:47 PM
 #1

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?
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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May 17, 2017, 09:42:01 PM
 #2

It sounds as if you're oversimplifying.

"Free to use bitcoin for any purpose." That could be an oversimplification. Some would object to bitcoin being used for money laundering, terrorism or crime. The idea and spirit behind bitcoin isn't to create a currency that can be used for literally anything whether it be moral or immoral.
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May 17, 2017, 09:47:26 PM
 #3

It sounds as if you're oversimplifying.

"Free to use bitcoin for any purpose." That could be an oversimplification. Some would object to bitcoin being used for money laundering, terrorism or crime. The idea and spirit behind bitcoin isn't to create a currency that can be used for literally anything whether it be moral or immoral.
Nope, he is not. According to Satoshi Nakamoto, he created bitcoin to eliminate the trust of the banks' ecosystems. If bitcoin is being used for literally anything, then it became successfully an adopted and acceptable currency. Those who would object to bitcoin being used for illicit activities should do the same with Fiat – it is used for anything including — but not limited to — those you have mentioned.

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May 18, 2017, 05:19:47 AM
 #4

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?

Sounds like words from a socialist and sounds like people can get bitcoin for free,which isn`t true.
Rich people have more bitcoins because they have more fiat money and they can buy more bitcoins.
I don`t like the term "for any purpose".What about illegal purposes?

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May 18, 2017, 07:36:40 AM
 #5

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?
Good opinion but many people from Underdeveloped countries and third world countries do not have the technology know how on how to make bitcoin or even how to use it. So for bitcoin to be use by every body is a game of long time and a lot of education and promote has to be do.
Xester
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May 18, 2017, 08:45:32 AM
 #6

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?

Yes bitcoin ca be used by both rich and poor since it is for anyone. But being poor has its disadvantages and they are the people who will use bitcoin the hardest way. Poor people does not have the resources to access bitcoin such as computers, internet and many more. And even if they can access they have no money to purchase bitcoins. Thus the perfect term for bitcoin would be that bitcoin is for people who can meet the conditions.
BossMacko
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May 18, 2017, 08:47:12 AM
 #7

Indeed it is true, anyone can use Bitcoin no age limit, any race , any gender , rich or poor as long as the user have an internet access and a gadget to start with. Anyone who use Bitcoin is anonymous. The only difference is rich people can easily start with a Bitcoin unlike the poor with the current price of Bitcoin now it is hard to get 1 Whole Bitcoin.
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May 18, 2017, 09:16:25 AM
 #8

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?

Sounds like words from a socialist and sounds like people can get bitcoin for free,which isn`t true.
Rich people have more bitcoins because they have more fiat money and they can buy more bitcoins.
I don`t like the term "for any purpose".What about illegal purposes?

Yep. Bitcoin is not free because it requires time and effort if not money. There is no such thing as free money in Bitcoin as to what others have been thinking especially new ones which one of the reasons that attract them into this Bitcoin world. Also let's not say as "for any purpose" because its like saying Bitcoin is used in both legal and illegal ways but it is true it can though it doesn't mean that we supported and fueling this.

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May 18, 2017, 09:43:04 AM
 #9

Poor developing countries don't have ATMs to withdraw bitcoins, some markets don't even have POS, and even if you manage to buy smth with bitcoin the delivery doesn't work in some places (the same is with delivery of bitcoin cards). and of course you somehow have to earn it in the first place. The usage of bitcoin is limited for some people after all.
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May 18, 2017, 03:00:29 PM
 #10

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 sounds good in principle, but you need to specify more.

Decentralized onchain transactions are NOT cheap. Everyone cannot do onchain transactions if you want to keep the network decentralized aka affordable nodes. If you centralize nodes the network is no longer decentralized.

The only way to get african poor people on board with the bitcoin train is through lightning network.

And the only way to keep bitcoin as gold is to not centralize the nodes by raising the blocksize to an stupid level.
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May 18, 2017, 03:03:33 PM
 #11

It sounds as if you're oversimplifying.

"Free to use bitcoin for any purpose." That could be an oversimplification. Some would object to bitcoin being used for money laundering, terrorism or crime. The idea and spirit behind bitcoin isn't to create a currency that can be used for literally anything whether it be moral or immoral.
Nope, he is not. According to Satoshi Nakamoto, he created bitcoin to eliminate the trust of the banks' ecosystems. If bitcoin is being used for literally anything, then it became successfully an adopted and acceptable currency. Those who would object to bitcoin being used for illicit activities should do the same with Fiat – it is used for anything including — but not limited to — those you have mentioned.

The problem with btc is there is still trust though. You dont solve the trust problem by using btc if you dont want to trust things.

In btc you have to trust the miners wont screw you over. They are acrewing people.over right now!!..

Thay being said it is a better system with less corruption. But we need changes(which also requires trust of devs).

We still have trust issuses, but we can out pressure on devs and miners. Cant put pressure on banks.
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May 18, 2017, 03:11:11 PM
 #12

Not totaly true because you need a computer and an internet connexion.

So it's common in developped countrie but not in all ^^
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May 18, 2017, 03:17:23 PM
 #13

Not totaly true because you need a computer and an internet connexion.

So it's common in developped countrie but not in all ^^
What you say is from the usage level, but in terms of affordability bitcoin is not common for the every level of people. In reality only people with high fiat backing profit much than the common users who strive hard to make a small earning from the Bitcoin. So most of the time it serves as the money of the rich.

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May 18, 2017, 03:25:33 PM
 #14

Indeed it is true, anyone can use Bitcoin no age limit, any race , any gender , rich or poor as long as the user have an internet access and a gadget to start with. Anyone who use Bitcoin is anonymous. The only difference is rich people can easily start with a Bitcoin unlike the poor with the current price of Bitcoin now it is hard to get 1 Whole Bitcoin.
that's the saddest truth poor people will take some time to get 1 whole bitcoin and invest it thinking to grow bitcoin while rich people are taking advantage with the easiest way to transfer money anonymously, they are enjoying the service and this system serves well for rich people who can afford to buy bitcoin directly.
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May 18, 2017, 03:45:47 PM
 #15

It sounds as if you're oversimplifying.

"Free to use bitcoin for any purpose." That could be an oversimplification. Some would object to bitcoin being used for money laundering, terrorism or crime. The idea and spirit behind bitcoin isn't to create a currency that can be used for literally anything whether it be moral or immoral.

It doesn't make any difference. Bitcoin can be used for anything including illegal. It is designed as decentralized. It just so happen that people have taken advantage of the "flawed" of bitcoin for illegal activities. But you can't blame bitcoin for that. Anything can be used for illegal activities not only bitcoin.

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May 18, 2017, 03:59:58 PM
 #16

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

I don't believe so. We live in society where some people still struggle to make $5-10 daily hardly. When we talk about present Bitcoin, it means we are talking about Bitcoin which cost $2 per transaction just for fees. Now re-think is a person earning $5-10 daily can afford using bitcoin even for single transaction daily. Present Bitcoin Ecosystem is far away from what dream we had taken on the inception of Bitcoin  Sad

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May 18, 2017, 05:31:58 PM
 #17

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

I don't believe so. We live in society where some people still struggle to make $5-10 daily hardly. When we talk about present Bitcoin, it means we are talking about Bitcoin which cost $2 per transaction just for fees. Now re-think is a person earning $5-10 daily can afford using bitcoin even for single transaction daily. Present Bitcoin Ecosystem is far away from what dream we had taken on the inception of Bitcoin  Sad

But now see bitcoin has reached the price of more than 1800 USD, in bitcoin money 5-10 $ it is only for fee only, but in real world they have to search all day, let's now change for life much better
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May 18, 2017, 05:38:45 PM
 #18

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?

If you have access to internet, most likely anyone that has interest on it can used bitcoin. However, there are some countries specially in the African continent that don't have access to the basic need like food and water so I don't think that they can and will used bitcoin. But for developed or at least a developing third world countries, then definitely they can used bitcoin in any means possible. They can invest in it, or do trading, or earn bitcoin.


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ETHEROLL
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digaran
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May 18, 2017, 09:58:49 PM
 #19

Have you been raped?
Come to uncle Bitcoin to help you out. Have you been wronged? Come to uncle Bitcoin to right the wrong.
Have you been scammed in ICO? This one is on you idiot no body can fix that.Smiley
Did you have a fight with your boy/girl friend? Bitcoin is the answer.
Did you issue sanctions on countries denying them with international monetary systems stopping them from joining the free market on God's earth(*while real terrorists were organizing and arming themselves)? Yup once again Bitcoin is the answer.
Are you hungry for a pizza or need a coffee? Sure just first spit out 10K Bitcoins and then wait 45 minutes to get your coffee.Smiley
Did a prince from your country scammed your people? Don't worry Bitcoin will solve that problem as well.
Are you bored and have no job and see no meaning in your loop of a life? Bitcoin is providing you the best opportunity and will engage you with excitements and a world full of surprises.
Did some bank froze all your assets and took away every thing that you had? Well with Bitcoin no body can touch your money(coins)but yourself, no body has the authority to freeze your money.





  • -Prime minister of Israel was showing white boards with pictures of bombs on it shouting to stop Iran few years ago, while at the same time ISIS was being supplied by them and their Arab allies, irony.[/size]

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machinek20
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May 18, 2017, 11:36:56 PM
 #20

Bitcoin is for everyone in this world, bitcoin is available for anyone that interested, that was the reason bitcoin was created, to make transaction easier from all over the world, and it is great if everyone want to used bitcoin in their daily life
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