Bitcoin as in Freedom

[RealBanksy]

I saw many people here wondering what to do with Bitcoin, hold, sell, invest...The scams, the ugly side of people.

Just remember couple of years ago, the FBI and the Federal Reserve tried to kill it, and now we are talking or near $250 Billion capital.

In next few years it will reach $1 Trillion.

MAN THE FUCK UP! This is not money, this is not commodity! This is not a stock or bonds...THIS IS BITCOIN.



Real Banksy

[ As in prank] or [Maybe not]

[jekjekman]

Sad to say money is money, and it will be used in every way possible even in good or bad it is just to whom it may be use. Actually the last sentence that you have been said is the reverse of it, it is all applicable in Bitcoin.

Let the authorities do what they want to do as the Bitcoin itself will do what is needed to do as it is coming to its 1st decade as a digital money this problems will just past and when Bitcoin will survive it all, it will make more stronger more than ever. What doesn't kill you make you stronger.

[RealBanksy]

For people who are seeking decentralize, I am surprise how some are eager to centralize it with what USA & China want

[stronghands4lyfe]

So we are supposed to man up and do what exactly? Buy bitcoin and which it moon? Instructions unclear here mate. Also btw the market could go either way, who knows cryptos could cease to exist in 19'

[guclu]

I really don't get your point like the guy above... If you have just invested in btc and trying to motivate some people to invest in it (so that it won't die if I invest my last 3$ in), we are already hyped about it in the forum. Obviously Try your facebook profile for such motivational talk maybe lol

[Anfisman]

I remember reading a quote "If we wanna get some justice back into our society, we should reduce the importance of the Banks. Bitcoin is banking without banks, so here we go"
So one form of freedom is that we must be able to escape from dependence on the bank, and bitcoin present at this time to offer it.

[RealBanksy]

So we are supposed to man up and do what exactly? Buy bitcoin and which it moon? Instructions unclear here mate. Also btw the market could go either way, who knows cryptos could cease to exist in 19'

There is no instruction! Why you want someone to tell you what to do? I am saying to you stop thinking about it as Fiat, or stock, or a bond!

[MoxleytgfCotta]

WOW! I have been listening to Econtalk religiously for nearly a decade now. I never imagined that something I helped create would be talked about on one of my favorite shows.
If you haven't read it already, "The Price of Everything" is worth a read.
I too can date my awareness of Bitcoin to at least the 2011 Econtalk episode. I, like Russ, figured that it couldn't work.
I am still kicking myself for missing Hernando de Soto's lecture in North Carolina back in 2004. My friends only told me about it after they got back from the speech.
I did get to meet Norman Borlaug though, which was probably a better deal. Meeting Michael Munger was pretty neat too.
Jim, if you are reading this, the biggest thing that is happening related to Bitcoin south of the border I in my opinion right now is the Central Bank of Barbados issuing Central Bank money as Colored Coins. A sovereign nation is now relying on the Bitcoin blockchain to conduct monetary operations and settle between banks.

[peter0425]

I saw many people here wondering what to do with Bitcoin, hold, sell, invest...The scams, the ugly side of people.

Just remember couple of years ago, the FBI and the Federal Reserve tried to kill it, and now we are talking or near $250 Billion capital.

In next few years it will reach $1 Trillion.

MAN THE FUCK UP! This is not money, this is not commodity! This is not a stock or bonds...THIS IS BITCOIN.



Real Banksy

[ As in prank] or [Maybe not]

I think most of the members here would agree that we all love bitcoin because its de-centralized and no Central banks can control it not even a government. That's the first thing I love that's why I put myself in this situation wherein I can totally control my funds without the banks intervention. "You are your own bank" as what they called it. And the more they tried to kill this system, the more it bounce bank from the grave and now banks are taking notice and for me, they will really attack bitcoin in the next couple of years. So better watch out.

[qwertyup23]

I saw many people here wondering what to do with Bitcoin, hold, sell, invest...The scams, the ugly side of people.

Just remember couple of years ago, the FBI and the Federal Reserve tried to kill it, and now we are talking or near $250 Billion capital.

In next few years it will reach $1 Trillion.

MAN THE FUCK UP! This is not money, this is not commodity! This is not a stock or bonds...THIS IS BITCOIN.



Real Banksy

[ As in prank] or [Maybe not]

Well, this is one of the things that we take for granted, including other stuff that might grow bigger in the next few years. It's surprising to see that the potential of bitcoin has already skyrocketed within the span of 3-4 years and we haven't fully utilize its maximum potential. I really do hope that the government of other countries will take bitcoin seriously due to its infinite opportunities to the people and also to the economy. Maybe in the next 2-3 years, bitcoin may evolve into the next generation currency that will shape the economy towards success and development over developing countries.

[Tumanggor]

there are still many people who are afraid of bitcoin, including the bankers, they will definitely keep trying to destroy Bitcoin and other coin coins, only commodity lovers (if they know bitcoin like gold) and Bitcoin lover will make Bitcoin stay alive

[Graphics]

Governments should and will oppose bitcoin. IT takes away their power so of course they will resist and fight it.
They are still fighting the Internet and some country are more successful than other.
Same with Bitcoin, They will never stop fighting it since they can not and will not be able to control it, and governments don't like things they can not control.

[sebasman2]

That's why I always will believe in bitcoin. Even if the governments will dissalow it, there will still be a rebelling group trying to hold it up.

[Envrin]

Of course, no one can know exactly what the crypto currency will be waiting for in a few years. One thing is clear. This market is young and full of prospects. Every day he presents chances and opportunities to get rich for many years to come. And only a few of us use this chance. Participating in Ico and bounty, you can save yourself a carefree future. Why not?)

[Andre_Goldman]

[Ch1bi]

I think Bitcoin is whatever people want it to be. The creator definitely wanted it to be a form of freedom hence it's decentralized nature. Besides that, it's used as a form of payment so in my opinion it's money as well. It can also be thought of as an investment due to how high the price is to conventional investments. Bitcoin is great, and I hope it continues to be as good as it's been so far.

[DimaS1574]

MAN THE FUCK UP! This is not money, this is not commodity! This is not a stock or bonds...THIS IS BITCOIN.

However bitcoin  provides money and and freedom

[bitvalak]

in my opinion, bitcoin can be one way to get financial freedom. because in bitcoin we are free to manage our own assets without the intervention of the bank. That way we can collect assets without having to pay unreasonable taxes like what happened during this time when we keep the original money in the bank

[Vaskiy]

Long back itself experts indicated bitcoin as well the altcoins as freedom. This was purely based on the comparison between the traditional banking and our bitcoin. Once after the existence of bitcoin, several banks around the world went bankrupt as well big losses. This happens because of the freedom provided by the system.

[cybersofts]

Yes, Bitcoin is everything you want to called it, a currency or an asset. Bitcoin is more popular these days because the value of bitcoin is growing in an exponential rate. People are now making profit with bitcoin more than their own ancestral businesses just for holding it for few months. Bitcoin has huge potential in the future because it provides more freedom and privacy to the people. Bitcoin is purely digital, fast, secure, decentralized and accepted globally.