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Author Topic: Bitcoin will survive enemies it has created ??  (Read 1756 times)
jpnl0008
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October 04, 2018, 03:51:04 PM
 #81

Competition is inevitable and also for the fact that Bitcoin is a revolutionized patter of money that I mean is digital money with all its benevolences.For the now we can not tell if Bitcoin would be able to withstand the enemies it has created or not let's see what the future holds
happyme1818
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October 05, 2018, 05:34:28 PM
 #82

Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
I don't think that Bitcoin wanted to eliminate fiat money, banks, gold, silver, the government and debit/credit cards. What Bitcoin want is to have an alternative currency where I people can use it without an intervention of a third party.
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October 05, 2018, 05:50:30 PM
 #83

I don't think bitcoin can completely eliminate banks but take over a large amount of their customers.  Currently bitcoin wouldn't be able to work with the central banking system because of fractional lending.  You can't loan bitcoin that doesn't exist like how you can with regular money.
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October 06, 2018, 06:50:12 AM
 #84

it's impossible if bitcoin beats the dollar or the euro. it is precisely decentralization here are some of the strong reasons that make bitcoin will not be able to defeat them. a currency of a country or globally, of course it must be centralized or centralized which is controlled by one party who has the authority itself.
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October 06, 2018, 07:05:56 AM
 #85

These are common enemies for any product that wants to be successful. in life it will always come, because sometimes you need competition to get better and move forward. only the best will come out winner. bitcoin will lead.

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October 06, 2018, 07:13:52 AM
 #86

Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??

I do not think bitcoin has enemies like us dollar.  Both can
exist together and grow. Bitcoin has got many advanthes over others but still there are people in developing countries who would prefer to use cash only.

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October 06, 2018, 07:18:55 AM
 #87

Bitcoin will survive if it is of great interest and uses it for legitimate purposes and is legally recognized.

I agree. Probably having the legalization and such will have the effect of it being a survivor. It will probably survive any other hindrances and such. Aside from this, bitcoin is really powerful in which no one can beat it because it is the king, the king of all kings.

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October 29, 2018, 01:33:29 PM
 #88

I don't think bitcoin is intentionally creating enemies for itself. In addition, it does not seek to liquidate other currencies, but simply is an excellent alternative.

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October 29, 2018, 02:03:45 PM
 #89

I am not sure that bitcoin is created to completely replace the national currency. They may well develop and be used in parallel. In addition, it depends only on us, people, whether it will become the main currency or will remain just an alternative.



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October 29, 2018, 02:14:31 PM
 #90

The complete elimination of dollars, euros and other currencies will happen only if bitcoin is accepted by absolutely every country in the world. But I don't think it's possible, at least in the coming decades.

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ninabobo
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October 29, 2018, 02:23:46 PM
 #91

Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??


silly and too absurd
how can that be? bitcoin is bitcoin. fiat money is fiat money. it's not hostile, we need fiat money for transactions in the real world. and bitcoin can be a profitable business in crypto trading.
you are too naive if you don't need and use fiat money

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October 29, 2018, 03:14:00 PM
 #92

Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??

I don't think bitcoin is trying to eliminate them. But he wants to prove that they can all function as one money. This does not mean it will destroy them, but it must be acknowledged that it is a strong opponent.
Only OP who said that maybe  Grin. Some people think bitcoin will replace fiat, but not eliminate it, only used like fiat. Don't let someone try to fool us with something like this, because bitcoin, fiat, government, etc is good if complete each other.

LeGaulois
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October 29, 2018, 03:32:01 PM
 #93

But who are its enemies? Beside Roger Ver and his gang. You can exclude the banks because if they really were a Bitcoin enemy the bankers would have already acted a long time ago and in a very drastic way. The same goes for a government but so far we don't see a lot of countries banning the Bitcoin use.
There are folks saying Bitcoin is antifragile. The time will show us
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Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??

Bitcoin has never tried to erase USD/EUR, ...

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anitaraymonds
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October 29, 2018, 03:53:15 PM
 #94

The fight is really serious and bitcoin has been resilience and has refused to break. Kudos to the king of the coins for this feat. The government hate whatever it can not control and unfortunately bitcoin fundamental is such that it is based on decentralization which enables it to empower the poor and bank the unbanked. The government is not relenting in dousing the influence of bitcoin and doing all it can to kill off the coin. What we can do is to make use of bitcoin every day. Transact P2P and stop hoarding bitcoin this will increase the adoption and usage.
samlaode
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October 29, 2018, 04:13:13 PM
 #95

Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
In my opinion,Bitcoin do not need to try to beat the current currency that our world is using. Because its value is greater than all the currencies we are using and it is giving itself everything. People see the ability to use it better than other currencies through practical and everyday technology.
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October 29, 2018, 04:15:23 PM
 #96

Bitcoin have not created any enemy like if we see that bitcoin have created enemies it means that bitcoin is not a good currency but those who treat bitcoin as a threat to the currencies they are against of it and those who don't like bitcoin they are free to not use it but threating bitcoin is not a good behavior like if we don't like Dollar we will simply not use it but we will not buycot this in the world it has it's own importance and value to the world.

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October 29, 2018, 05:06:32 PM
 #97

Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??

I don't think bitcoin is trying to eliminate any of the things mentioned above. I think the main purpose of bitcoin is to be a global currency that can be used by anyone around the world, and not to compete and eliminate each countries fiat currencies. Although it is still not that widely used as a currency, still I can see that it is also considered as another way of payment and is used in transactions just like credit cards and debit cards of banks.
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October 29, 2018, 05:15:27 PM
 #98

The complete elimination of dollars, euros and other currencies will happen only if bitcoin is accepted by absolutely every country in the world. But I don't think it's possible, at least in the coming decades.
It won't be possible for me, even though every country accepts bitcoin as a legitimate payment instrument or as any tool that suits its function, then dollars, euros and other fiat currencies will not be replaced. The amount of bitcoin is only limited, there will be many people who complain to get bitcoin. And the way to buy an average bitcoin still uses money fiat, so indirectly everyone must have money fiat if they want to have bitcoin.

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October 29, 2018, 05:23:12 PM
 #99

Bitcoin will survive and will be top in the world.
currency is the main issue here and we are a moving technology in a fast phase.
we should never forget that FIAT is the main thing to make our world go slow.
we will have the best for this later in the near future.
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October 29, 2018, 05:24:39 PM
 #100

Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax

How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
Why Bitcoin must fight against FIAT? Can you own Bitcoin if you do not use FIAT for trading? It is foolish to have Bitcoin fight them. Bitcoin can exist with them by supporting the same development. We have many ways to eliminate competition and eliminate all doubts because of this.

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