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Author Topic: Everyone is free to use Bitcoin as they want  (Read 849 times)
flash101k
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August 14, 2018, 07:42:03 PM
 #81

Everyone can use bitcoin on what want. They can use Bitcoin for what they wish to: paying for purchases, buying a car or a motorbike if they're going to, only the payee accepts your form of payment given. I saw a video about using Bitcoin to live for a day, and they did not have too much trouble so you can use Bitcoin freely.
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August 14, 2018, 07:46:04 PM
 #82

Yes ofcourse everyone is free to use Bitcoin as they want; trade, hodl, spend etc. That means bitcoin was the answer and we got it now thankfully.. Unfortunately you can use Bitcoin in bad ways too :/ I wish all the scammer goes away and we live cryptos cleanly..  

Oh well, it means that there's always two sides on a coin. Obviously, we can do whatever we want with our coins, however, we should be intelligent enough on how we are going to spend it. Are we going to used it for gambling or would rather hold on it for a long time? And as far as scammers, I'm sorry but they won't simply go away, I don't know how to say it, but it looks like crypto has becoming the bread and butter and becoming the milking ground for scammers.

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August 14, 2018, 07:49:52 PM
 #83

The value of bitcoin as an asset is in the fact that it can be used as a currency. Bitcoin is taking its first steps in the world, that's why it's used mainly for investing. But in the near future it will become a normal means of payment. That's why we're here. We don't need bitcoin as an asset only, do we?

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August 14, 2018, 08:27:40 PM
 #84

Of course, for calculation, bitcoin would be ideal. Where to put it, it will already depend on the decision of the owner of the crypto currency.

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August 14, 2018, 08:55:05 PM
 #85

Yes bitcoin is free to use by anyone as long they know how it works and its process because to those who don't have knowledge it is not easy to use it. They can use it as mode of payments, money transfer, investment, extra income and other thing. Its up to us how we use it.

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August 14, 2018, 09:03:51 PM
 #86

There's an ongoing debate in and outside of Bitcoin community regarding the economic nature of Bitcoin: is it a currency or an asset, a store of value, settlement layer and so on. The situation with ETF's also sparked some debates, as some argue that ETF's are bad and Bitcoin should stick to its cypherpunk roots and ignore the mainstream.

I think all sides kinda miss the point of Bitcoin. Bitcoin was created so people can send coins directly to others, without any mandatory middleman. Therefore, every use case is as legit as any other use case, it doesn't violate the freedom of any other user of the network. It doesn't even matter if Satoshi wanted Bitcoin to be a decentralized currency that will kill banks, because one of the principles of Bitcoin is censorship resistance, so if some people want to use centralized services, want regulated environments, speculation and so on, it's their right. All those things have no effect on people who want to use Bitcoin as an alternative currency.

So, I think there is no single answer to whether Bitcoin is an asset or a currency, everyone decides for themselves, because freedom is the ultimate point of Bitcoin.
in my opinion, bitcoin is better as an asset, because if it is considered a currency, the price is not fixed one day makes people think it's a price game, but if bitcoin is an asset just like gold, because the price changes, and the excess of bitcoin is a transaction fast
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August 14, 2018, 09:16:48 PM
 #87

So you guys are OK with Bitcoin advantages, preach BTC and consider it your investment but disagree with investment taxes, regulations, etc. You're funny. How comes? You get what you paid for, don't you know the adage saying "who sows wind reaps storm"

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August 14, 2018, 09:36:08 PM
 #88

Bitcoin can be an asset to you or something else that you may consider bwcause Bitcoin always depend on those people who are working on it. Either it is their way on how to live or how they work on it to become valuable. We are living mostly in a democratic country in where its up to us on how to handle things.
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August 14, 2018, 09:44:15 PM
 #89

Everyone of us can use bitcoin,it has many uses that can we use on it,payment method  the most important thing we need ,no hassel to pay in any remittances,transferring money and it can be our source of income or part time job.
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August 14, 2018, 10:34:00 PM
 #90

The recent network is full of currency or asset discussion, and I think this is not the most important thing at this stage. Perhaps it is our primary task to make bitcoin more valuable, and we should put more energy into our community construction.

But rightw now, the condition is not same anymore. too much FUD from them that try to divide the community. making a bad news and fake TA that would bring a big mass panic which ofc this impact would back to them itself

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August 14, 2018, 10:51:45 PM
 #91

As of the moment, Bitcoin is not yet fully regulated in most of the countries in the world that is why every one can avail and use it without restriction. As a booming digital market industry many economist are already eyeing on this. Probably, in the near future restrictions will be set by the government.
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August 14, 2018, 11:27:50 PM
 #92

Of course, just like real currency, it is also acting like a real money in this world and you can use it as much as you wanted to. It is YOUR OWN money. And by means of your money, you're the user of it.
Bitcoin can be considered as an asset or a digital currency depending on how the user/owner make good use of it. As a digital currency, you can easily buy whatever you want to buy with bitcoin at accepted stores or various business transaction.
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August 15, 2018, 12:08:05 AM
 #93

Absolutely yes, everyone can use bitcoin. No one was prohibited to use it. As long as they want to use it, they can do it. They can sell it, they can use to buy it, anytime they can dispose it.
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August 15, 2018, 12:15:57 AM
 #94

I agree ! everyone is free to use bitcoin as they want, because there are no rules that require bitcoin to be used for certain things.
Bitcoin can be used as a tool for buying and selling goods, hotels, airplane ticket payments and others while there are facilities that can use bitcoin.
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August 15, 2018, 01:07:46 AM
 #95

Yeah, bitcoin is free for everyone. And people are free to create an account easily and they can also easily transfer coins or doing other transactions here. It is a new way of the impact technology improvement. Some say that it is a assets, investment and so on. What ever they define bitcoin, the most important is bitcoin can be a source of income. 
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August 15, 2018, 01:20:40 AM
 #96

Absolutely yes, everyone can use bitcoin. No one was prohibited to use it. As long as they want to use it, they can do it. They can sell it, they can use to buy it, anytime they can dispose it.
Yes, because bitcoin is an asset and at the same time like a currency because it has a digital value equivalent for USD, but as of today we cannot easily direct use bitcoin to buy good on any establishment because still limited numbers of  establishment adapting on it, but we can use by converting first into fiat for our local money but you should observed the market situation that its not good to sell bitcoin on this dip.

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August 15, 2018, 02:21:40 AM
 #97

Yes but as long as it's for legal purposes. Bitcoin should be used to purchase good and services that we need in our lives and I hope that it won't be abused to pay a hitman because I feel that it's industry would be in demand because of cryptocurrencies. The message should be that everyone is free to use bitcoin for legal activities.
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August 15, 2018, 03:08:40 AM
 #98

Of course, everyone can free to use bitcoin as they want but not in illegal way, always remember we must use bitcoin in legal ways so that we can get benefits from it. We shouldn't imitate people who are doing bad things just to cheat other people. Make good things anytime and anywhere.

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August 15, 2018, 04:51:21 AM
 #99

obviously! but they are not free to disturb everything else because they are using bitcoin as they want. for example the weak hands that have been feeding the whales and panic selling and FOMO buying bitcoin at every turn and increasing the volatility have been disturbing the market. they have been also preventing adoption of bitcoin as a currency because of the huge volatility that they cause. and a lot of other problems.

This sounds exactly like the words of interventionists who say that they want to protect the market from speculators, irrational behavior, risks and so on. Are you suggesting that Bitcoin owners should be prohibited from selling their coins under certain circumstances? That would be not only immoral from ethical point of view and against Bitcoin's core principles, but also harmful to the ecosystem, because such blatant interventions always make things worse instead of fixing them.

sorry I missed your comment.
I don't say "prohibited" but more like guided or educated. and it is not just selling but also buying.

for example I always tell everyone not to sell AFTER the price has dropped down. if they wanted to sell then they should have sold when the drop was starting and price was still high. but after it has dropped for example 10%, or specially the iconic 30% drops of last year, it is already too late but many of them don't listen. what they do is that they sell at the bottom after a huge loss and increase the volatility then since price recovers right after they sold they FOMO buy back at a higher price increasing the volatility even more.

this market is still young and filled with whales with experience and lots of lambs who are losing money.
not that this has nothing to do with bitcoin and its core principles, it is about the market and price and not giving your money to the manipulators.

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August 15, 2018, 04:58:07 AM
 #100

I definitely agree with saying that freedom is the ultimate point of Bitcoin. But today Bitcoin is more asset, then a currency, because of high transaction fee and volatility. Lightning technology can change this situation.

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