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Author Topic: The phrase to describe Bitcoin  (Read 1761 times)
donbu7 (OP)
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September 01, 2017, 11:03:41 PM
 #1

In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."
"There should not be any signed int. If you've found a signed int somewhere, please tell me (within the next 25 years please) and I'll change it to unsigned int." -- Satoshi
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davis196
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September 02, 2017, 12:00:50 PM
 #2

In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."

Free from government oppression-yes,but not free from miners,"hard fork supporters",big holders trying to manipulate the market price and "off-chain" supporters.I think the term "crowd-economy" is meaningless,what are you trying to say with this?Every economy is a "crowd economy".Obviously we need people (crowd) to have an economy.

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September 02, 2017, 03:13:23 PM
 #3

"Digital and decentralized by nature, Bitcoin is both more liquid and more safe as a storage of wealth than physical gold. Protected from government control and usable worldwide"
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September 02, 2017, 03:51:52 PM
 #4

In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."

Though apparently it seems to be free from government's regulations but in practical it isn't.
As far as if we remain in Bitcoin ecosystem, there isn't any worries. But when we either leave or enter Bitcoin arena by selling or buying it for fiat respectively, we are under radar of government. For newcomers only viable instrument to get Bitcoins is buying them for cash and when they do so they aren't anonymous anymore.

PS: Topic is in wrong section. Move it to 'Bitcoin Discussion'. 

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September 02, 2017, 04:42:06 PM
 #5

I would say that bitcoin is "a breath of fresh air for the modern financial system". We constantly see how in all countries there are financial crisis. It's a death sentence for the existing financial system. Only bitcoin will help people to survive the time of troubles.
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September 05, 2017, 08:44:30 AM
 #6

In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."

Free from government oppression-yes,but not free from miners,"hard fork supporters",big holders trying to manipulate the market price and "off-chain" supporters.I think the term "crowd-economy" is meaningless,what are you trying to say with this?Every economy is a "crowd economy".Obviously we need people (crowd) to have an economy.
Maybe he wanted to say that it is people currency meant to be ruled by people. We all know that all other state currencies are not in the control of common man whereas bitcoins provide everyone with same opportunity of earning profits. Bitcoins provide complete freedom to the users.

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Yuhee
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September 05, 2017, 10:51:03 AM
 #7

In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."

Free from government oppression-yes,but not free from miners,"hard fork supporters",big holders trying to manipulate the market price and "off-chain" supporters.I think the term "crowd-economy" is meaningless,what are you trying to say with this?Every economy is a "crowd economy".Obviously we need people (crowd) to have an economy.
Maybe he wanted to say that it is people currency meant to be ruled by people. We all know that all other state currencies are not in the control of common man whereas bitcoins provide everyone with same opportunity of earning profits. Bitcoins provide complete freedom to the users.

Probably the post really would mean the general and with the most people in it and thats the community. I kind of like this idea because most issues in this community is how the government could handle or manipulate btc users in there own economy. Not totally free in some countries but at least it is not easy for the for an entity to control btc.
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September 05, 2017, 11:01:11 AM
 #8

Bitcoin could be one of the greatest inventions & innovations made in decades.

It could cause a widespread revolution in financial and banking industries where people are forced to rethink the way they've done things over the last 50 years and realize a better method has been found which makes our old ways of thinking about those things obsolete.

The segway was once hyped as being the next big thing. From a historical perspective its difficult to think of anything that has the potential to completely change how we think about and use money the way that bitcoin has. That could be significant within the grand scheme of things.
gekon
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September 05, 2017, 11:23:35 AM
 #9

The most important phrase to describe Bitcoin is Rich.
suryati
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September 05, 2017, 12:25:40 PM
 #10

My life changes when I know bitcoin, I am a housewife who only uses social media just to find old friends but now know my bitcoin is more colorful by just sitting in front of my monitor can get additional income for shopping.

The phrase to describe Bitcoin : "Hopefully with Bitcoin my dream will come true"  Grin
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September 05, 2017, 01:39:12 PM
 #11

In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."


Bitcoin can change everything. I personally agree that bitcoin changes the way I live. Because of bitcoin, I learned how to manage my time by making my list containing every agendas. Before, a day will pass that I only finish only one tasks but now everything is in balance.

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September 05, 2017, 01:44:06 PM
 #12

In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."


Bitcoin can change everything. I personally agree that bitcoin changes the way I live. Because of bitcoin, I learned how to manage my time by making my list containing every agendas. Before, a day will pass that I only finish only one tasks but now everything is in balance.
yes you are right i also like you, i am now more disciplined in managing the time for having to divide between real life with this forum.
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September 05, 2017, 03:07:53 PM
 #13

In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."


Bitcoin can change everything. I personally agree that bitcoin changes the way I live. Because of bitcoin, I learned how to manage my time by making my list containing every agendas. Before, a day will pass that I only finish only one tasks but now everything is in balance.
yes you are right i also like you, i am now more disciplined in managing the time for having to divide between real life with this forum.
,yes it is, and it should be. one thing you need is discipline, it is a matter of choice form what you want and what you need the most and as an example is time management. if you just keep on complaining you were cramming and your schedule is to tight, then you are not well disciplined. Back to bitcoin, it needs patience and as well time management and discipline.
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September 05, 2017, 04:03:27 PM
 #14

In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."

It is good, but to be honest it attacks the government too much. Remember, without governments then there would only be utter chaos in the world.
Governments were made for the purpose of further progressing a civilized society. Where the citizens pay for the government so it can function as it is
necessary for the survival of all the citizens.
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September 05, 2017, 05:00:23 PM
 #15


Yeah free from oppression of government but don't know for how long. The china already started showing off their government skills by shutting down the ICO which is ethereum based but still a trouble maker announcement. I can't get rid of that news and it correlates to everything on this forum. That's a headache now.

Anyway, in other perspective off course bitcoin is whole new currency with pure form of fiat embedded deep inside it when it gets published in the world after few years. I'm sticking to that thought a lot now. The progress is going great in the world of crypto which names our bitcoin more stable and long sustainable coin or crypto.

 
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September 05, 2017, 05:03:22 PM
 #16

In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."

Free from government oppression-yes,but not free from miners,"hard fork supporters",big holders trying to manipulate the market price and "off-chain" supporters.I think the term "crowd-economy" is meaningless,what are you trying to say with this?Every economy is a "crowd economy".Obviously we need people (crowd) to have an economy.
Maybe he wanted to say that it is people currency meant to be ruled by people. We all know that all other state currencies are not in the control of common man whereas bitcoins provide everyone with same opportunity of earning profits. Bitcoins provide complete freedom to the users.

By which people, I'm sorry?

In Bitcoin it is miners mixed with big holders who rule it (which are often the same folks). If we remove miners from the equation (I guess that would mean a PoS coin), we are still left with big holders. And this is how things end up eventually, i.e. a small group of people grabs most of everything in the end. I'm curious if some coin would make any economic sense if it couldn't be hoarded. If it doesn't (which seems to be the case), then the whole story behind the "people currency" is inherently wrong and entirely false

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September 05, 2017, 05:32:47 PM
 #17

As for me, bitcoin is a newcomer in financial world, which represents its own ideas and the ways of trading. But as all newcomers it would be replaced by a better one and more stable coin Smiley

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September 05, 2017, 09:49:01 PM
 #18

As for me, bitcoin is a newcomer in financial world, which represents its own ideas and the ways of trading. But as all newcomers it would be replaced by a better one and more stable coin Smiley
I agree with you.. and every newcomer have his enemies.
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September 05, 2017, 10:58:34 PM
 #19

In this phrase is how I explain Bitcoin in all senses.

"Bitcoin is the most free and pure form of a crowd-economy, free from the oppression of governments."

I don't think so, Government could ban bitcoin and you won't say free from the oppression of governments.
Bitcoin is King of cryptocurrencies, the first one and the most trusted digital currency, even there are some coins that literally better than bitcoin but doesn't mean people will divert their support. I consider bitcoin as a better monetary systems that still on development, inside and outside.
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September 05, 2017, 11:09:24 PM
 #20

"Free money."

(Free as in freedom)


On a more serious note I would describe cryptocurrencies as "permissionless, decentralized, digital cash".

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