Bitcoin Forum
February 26, 2020, 01:07:44 PM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 »  All
  Print  
Author Topic: Bitcoin, blockchain, technology that does miracles  (Read 1204 times)
freebutcaged
Hero Member
*****
Offline Offline

Activity: 588
Merit: 541


View Profile
August 14, 2018, 07:12:28 PM
Merited by ImHash (16)
 #1

Bitcoin, technology that does miracles.
All of us know that Bitcoin is a new technology based on blockchain, but what can be done by Bitcoin? well, first of all, more than hundreds of thousands online shops all over the world accept Bitcoin as a money to buy their products with, secondly, you can transfer as much as money you want without the interference of central banks. this causes many people think of it as a miracle.
You don't need any permission and also no written contract or signature from anybody to own millions of dollars in Bitcoin, this means that you can easily convert millions of dollars to Bitcoin assuming that you know how and easily you can hide all of those money from the records and you would be able to avoid paying some of your taxes without actually doing anything illegal because nobody can prove that you have all of those money if you don't tell them. Bitcoin would give you complete financial freedom, no doubt.
The other point about Bitcoin is that you don't need any Swiss bank to hide your money if you don't want anyone know about how much money you have. you would be able to carry millions of dollars on a piece of paper and no one knows anything about it.

This must be said that many illegal jobs which are crimes in most of the world has become easy to do because of Bitcoin, in fact
This is one of the disadvantages of this electronic currency, another disadvantage is the fact that you or anyone else can do
Money laundering without fearing of the law, you can blackmail and no one can follow your transactions back to you. all of this
Doesn't mean that Bitcoin is bad.
What makes Bitcoin a miracle is that you are your own banker, doesn't make any difference how much you have, if you deposit
A large sum of money in a bank, they start asking many questions that no owner of Bitcoin has to answer them.
100% First Deposit Bonus Instant Withdrawals Best Odds 10+ Sports Since 2014 No KYC Asked Play Now
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1582722464
Hero Member
*
Offline Offline

Posts: 1582722464

View Profile Personal Message (Offline)

Ignore
1582722464
Reply with quote  #2

1582722464
Report to moderator
1582722464
Hero Member
*
Offline Offline

Posts: 1582722464

View Profile Personal Message (Offline)

Ignore
1582722464
Reply with quote  #2

1582722464
Report to moderator
1582722464
Hero Member
*
Offline Offline

Posts: 1582722464

View Profile Personal Message (Offline)

Ignore
1582722464
Reply with quote  #2

1582722464
Report to moderator
ImHash
Hero Member
*****
Offline Offline

Activity: 812
Merit: 505


WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN


View Profile
August 15, 2018, 08:04:07 PM
 #2

you don't need any Swiss bank to hide your money if you don't want anyone know about how much money you have.
You could achieve that even without bitcoin, You could hide your money somewhere without anyone knowing about it but that comes with the risk if someone finds the money, With bitcoin it would be easier to keep your money safe.
if you deposit
A large sum of money in a bank, they start asking many questions that no owner of Bitcoin has to answer them.
If you deposit a large sum of money in a bank they would pay you interest, No bank would ask any questions, Governments would only know how much money you have if you deposit them in banks, You are trying to make bitcoin sound like a real miracle, Which could be for so many people Cheesy I know I promised you some merits for constructive post but this is something we all know, There is nothing new, Maybe this could be useful for noobs.

﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
≈ WORLD POWER PRODUCTION ≈

████████████
██████████████████████
██████████████████████████████
██████████████████████████████████
████████████████████████████████████████
██████████████████████████████████████████
██████████████████████████████████████████████
███████████████████████████████████████████████
██████████████████████████████████████████████████
████████████████████████████████████████████████████
█████████████████████████████████████████████████████
████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████
███████████████████████████████████████████████████████
██████████████████████████████████████████████████████
████████████████████████████████████████████████████
██████████████████████████████████████████████████
████████████████████████████████████████████████
██████████████████████████████████████████████
██████████████████████████████████████████
████████████████████████████████████████
██████████████████████████████████
██████████████████████████████
██████████████████████
████████████
DeluxeJR
Jr. Member
*
Offline Offline

Activity: 73
Merit: 1


View Profile
August 15, 2018, 08:11:57 PM
Merited by ImHash (1)
 #3

I agree with everything mentioned above about the use and the benefits of Bitcoin and blockchain technologies. Also I want to point out the number of jobs that are created due to this technology. Many people find their way out of unemployment and their earn an income due to this industry.
ImHash
Hero Member
*****
Offline Offline

Activity: 812
Merit: 505


WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN


View Profile
August 15, 2018, 08:36:48 PM
 #4

I agree with everything mentioned above about the use and the benefits of Bitcoin and blockchain technologies. Also I want to point out the number of jobs that are created due to this technology. Many people find their way out of unemployment and their earn an income due to this industry.
I merited the OP after reading your post, he doesn't have a paid signature as well Cheesy About the number of jobs, I don't know if cryptocurrency is a good option to pay people with, I was discussing the same subject in my last post, You could certainly use bitcoin or any other crypto as the payment to pay your employees with but with the volatility and fluctuations of prices it would be better if you could pay them with fiat and they could buy bitcoin with it.

﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
≈ WORLD POWER PRODUCTION ≈

████████████
██████████████████████
██████████████████████████████
██████████████████████████████████
████████████████████████████████████████
██████████████████████████████████████████
██████████████████████████████████████████████
███████████████████████████████████████████████
██████████████████████████████████████████████████
████████████████████████████████████████████████████
█████████████████████████████████████████████████████
████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████
████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████
███████████████████████████████████████████████████████
██████████████████████████████████████████████████████
████████████████████████████████████████████████████
██████████████████████████████████████████████████
████████████████████████████████████████████████
██████████████████████████████████████████████
██████████████████████████████████████████
████████████████████████████████████████
██████████████████████████████████
██████████████████████████████
██████████████████████
████████████
fairytale
Jr. Member
*
Offline Offline

Activity: 209
Merit: 1


View Profile
August 15, 2018, 08:38:50 PM
 #5

The creation of bitcoin and blockchain is another result of our todays technology.These technologies offers a variety of convienience of transactions over the internet via a blockchain which dealt to people who uses bitcoin around the world.Bitcoins and blockchain opens a gateway for unemployed people to have an income and also make an investment unto it.
AXELNetwork
Member
**
Offline Offline

Activity: 154
Merit: 11


View Profile WWW
August 15, 2018, 09:17:12 PM
Merited by freebutcaged (1)
 #6


This must be said that many illegal jobs which are crimes in most of the world has become easy to do because of Bitcoin, in fact
This is one of the disadvantages of this electronic currency, another disadvantage is the fact that you or anyone else can do
Money laundering without fearing of the law, you can blackmail and no one can follow your transactions back to you.

It's a bit of a misconception that Bitcoin is used for illegal activities. It used to be that way in the early days and on the dark web but things have changed now. You see more money laundering from real estate than you do from Bitcoin.

Learn more about the AXEL project here: https://axel.network/
vy99
Member
**
Offline Offline

Activity: 126
Merit: 24


View Profile
August 15, 2018, 09:19:17 PM
 #7

I agree with everything mentioned above about the use and the benefits of Bitcoin and blockchain technologies. Also I want to point out the number of jobs that are created due to this technology. Many people find their way out of unemployment and their earn an income due to this industry.
I merited the OP after reading your post, he doesn't have a paid signature as well Cheesy About the number of jobs, I don't know if cryptocurrency is a good option to pay people with, I was discussing the same subject in my last post, You could certainly use bitcoin or any other crypto as the payment to pay your employees with but with the volatility and fluctuations of prices it would be better if you could pay them with fiat and they could buy bitcoin with it.

So, are you giving merit away?  Wink

As for paying people in crypto, if they're willing/wanting to get paid in Bitcoin then I think employees should oblige.

I'm not cool enough to have a fancy signature so you're stuck reading this
jvdp
Hero Member
*****
Offline Offline

Activity: 1148
Merit: 523


CryptoTalk.Org - Get Paid for every Post!


View Profile
August 15, 2018, 09:26:52 PM
 #8

DT and moderators should look around this thread and the first two posters who have quoted here on this thread. These seems alt accounts and shared the merits on his own thread which is copied from Google search.

Kindly check the thread and take action against it if you find these both are same person. OTHERS PLEASE DO NOT MAKE POST AND GET INTO THE PROBLEMS.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
levvv
Member
**
Offline Offline

Activity: 532
Merit: 17


View Profile
August 16, 2018, 01:36:36 AM
Merited by freebutcaged (1)
 #9

Back then when cryptocurrency has been created for the first time in 2009, bitcoin, many peoples were ignoring new technology called cryptocurrency.
And now you can see bitcoin value has gone very high in the market. The lesson i got is, we must open to any kind of new technology.
Not just ignore it, instead we can learn and study them, and decide we use it or not.
pooya87
Legendary
*
Offline Offline

Activity: 1932
Merit: 2373


Remember tonight for it's the beginning of forever


View Profile
August 16, 2018, 02:48:37 AM
Merited by freebutcaged (1)
 #10

This must be said that many illegal jobs which are crimes in most of the world has become easy to do because of Bitcoin, in fact This is one of the disadvantages of this electronic currency, another disadvantage is the fact that you or anyone else can do Money laundering without fearing of the law, you can blackmail and no one can follow your transactions back to you.

first of all you can't call it a disadvantage because bitcoin is just a tool and is being used by all kinds of people just like anything else. each object in our lives has a real purpose but it is used for many things but they don't define it and they are not considered disadvantages.

also i would disagree with calling it "became easy" because it is not at all easy since bitcoin transactions are traceable  compared to using fiat for instance so imagine you launder money using bitcoin. instead of hiding your tracks now you have a big footprint on the blockchain for everyone in the whole world to see!!!

freebutcaged
Hero Member
*****
Offline Offline

Activity: 588
Merit: 541


View Profile
August 16, 2018, 10:47:06 AM
 #11

DT and moderators should look around this thread and the first two posters who have quoted here on this thread. These seems alt accounts and shared the merits on his own thread which is copied from Google search.

Kindly check the thread and take action against it if you find these both are same person. OTHERS PLEASE DO NOT MAKE POST AND GET INTO THE PROBLEMS.
Shit posting fuck, who let you in a campaign to post off topic? I dare you to find something exactly like my post by searching

In google.
also i would disagree with calling it "became easy" because it is not at all easy since bitcoin transactions are traceable  compared to using fiat for instance so imagine you launder money using bitcoin. instead of hiding your tracks now you have a big footprint on the blockchain for everyone in the whole world to see!!!
Mixers can solve the footprint problem.
Kakmakr
Legendary
*
Offline Offline

Activity: 1932
Merit: 1413


WOLF.BET - Provably Fair Dice Game


View Profile
August 16, 2018, 11:57:45 AM
 #12

What you posted OP, was the manifesto of a scammers paradise.  Shocked

Yes, Bitcoin can cross borders without restraint or restrictions of governments, but when you want to convert back to fiat, your problems will start.

Yes, you can own millions of bitcoins, but the moment when you buy something expensive or when you want to convert some of that to fiat currency, then you will have to explain to the authorities, where you got it from. <Lifestyle audits target>

Yes, you do not have to store your wealth in Swizz bank accounts, but how are you going to use it? The moment when I book a airline ticket, my Bitcoin transaction is linked to my real identity or when I buy that Lamborghini <I must be registered in your name>

Everything in the real world, leave a paper trail.  Roll Eyes

.WOLF.BET.▄███████████▄
███████    ████████████▄
███████    ███████   ▀██
██████████████████    ██
██    ██████████████████
██    ███████    ███████
█████████████    ███████
███████    █████████████
███████    ███████    ██
██████████████████   ▄██
██        ▀███████████▀
██
██

█████
  ███
  ███
  ███
  ███
  ███
  ███
  ███
  ███
  ███
  ███
█████


Hammer45head
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
August 16, 2018, 08:39:46 PM
 #13


This must be said that many illegal jobs which are crimes in most of the world has become easy to do because of Bitcoin, in fact
This is one of the disadvantages of this electronic currency, another disadvantage is the fact that you or anyone else can do
Money laundering without fearing of the law, you can blackmail and no one can follow your transactions back to you.

It's a bit of a misconception that Bitcoin is used for illegal activities. It used to be that way in the early days and on the dark web but things have changed now. You see more money laundering from real estate than you do from Bitcoin.

I happen to agree here. Moreover, Bitcoin, due to its underlying technology, i.e. blockchain, is quite risky for illegal activities since the entire system is a digital ledger, i.e. a registry of all transactions between all parties and the ledger just cannot be changed or deleted, which means every transaction is potentially traceable and you just cannot hide because of it. So, taking into account what I've said, I believe using Bitcoin for illegal activities sounds a little absurd.
jonasvdv
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
August 16, 2018, 08:45:36 PM
 #14

There is no doubt that Bitcoin has an enormous amount of advantages, but I believe that we still need to go a few steps further and achieve real practical and massive use in all sectors of the economy.
shield132
Hero Member
*****
Offline Offline

Activity: 1386
Merit: 576



View Profile
August 16, 2018, 08:58:18 PM
 #15

The benefits which bitcoin brings us are amazing but it's absolutely nightmare for banks and goverment if they can't control it. Seems you know bitcoin is used for a lot of dark things. But I want to separately talk about blockchain. This technology even alone is really amazing, it's really a future because of it's features.
So I halfly agree you. You say bitcoin is miracle but others say not, we all talk from our opinion. For us, bitcoin is good, for banks/goverment it's bad, both side have right arguments too.


.Mix coins.
 
Your BITCOIN Transaction
made Truly ANONYMOUS
 

███████
█████████████████
████████████████████████
█████████████████████████████
██████████                    ██████████
█████████                          █████████
███████                                    ████████
          ███████                                        ███████        ██
          █████████████████████████████████████      ███
          █████████████████████████████████████  █████
          ████████████████████████████████████  ██████
        ██████████████████████████████████████████
  █████████████████████████████████████████
█████                                        ████████████
                                  ██████████████
██                          █████████████████████          ██     
█████              ███████████████████████          ████     
█████████████████████████████            █████████     
██████████████████                      ████████████       
██████████████████████████████████████     
████████████████████████  ███████ 
    ██████████              █████
                      ████████
      ████████████████    █
        ██████████████████
                  █████      ███
                      █████
                    ████

Blender
 
The ULTIMATE BITCOIN Mixer
with an ADVANCED TECHNOLOGY
 

███████████   
███████████████████████   
████████████████████████████     
██████████████████████████████     
██████████████████████████████     
 

                                          █████████████
                                          ███████████
██████
                                          ███████████
██████
                                          ███████████
        ██
                                        ████████████
        ██
    ██                              █████████████
        ██
    ████                      ███████████████
        ██
    ██████              █████████████████
        ██
    █████████████████████████████
          ██ 
      ███████████████████████████
          ███
      ██████  ████████████████████
        ████
      ██████████████████████████
  ██████
      ██████████████████████████
███████
  █████      ████████████████████
███
████          ████████████████
████ 
████          ████████████████       
████████████████████████
 

   
█████████████████████████       
███████████████████████████       
█████████    ██    ███    ██████████     
███████████    ██    ███     ██████████       
███████████    ██    ███     ███████████     
██████████████████████████████████     
██████████████████████████████████       
jonasvdv
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
August 16, 2018, 09:16:53 PM
Last edit: August 26, 2018, 04:45:12 PM by jonasvdv
 #16


This must be said that many illegal jobs which are crimes in most of the world has become easy to do because of Bitcoin, in fact
This is one of the disadvantages of this electronic currency, another disadvantage is the fact that you or anyone else can do
Money laundering without fearing of the law, you can blackmail and no one can follow your transactions back to you.

It's a bit of a misconception that Bitcoin is used for illegal activities. It used to be that way in the early days and on the dark web but things have changed now. You see more money laundering from real estate than you do from Bitcoin.

I happen to agree here. Moreover, Bitcoin, due to its underlying technology, i.e. blockchain, is quite risky for illegal activities since the entire system is a digital ledger, i.e. a registry of all transactions between all parties and the ledger just cannot be changed or deleted, which means every transaction is potentially traceable and you just cannot hide because of it. So, taking into account what I've said, I believe using Bitcoin for illegal activities sounds a little absurd.

I don't think Bitcoin or any other cryptocurrency will be used for illegal purposes, because people who engage in illicit activities are looking for visible markets such as real estate and traditional businesses, damaging the image of cryptocurrency by a few criminals seems unfair to me.
AXELNetwork
Member
**
Offline Offline

Activity: 154
Merit: 11


View Profile WWW
August 16, 2018, 09:21:40 PM
 #17


This must be said that many illegal jobs which are crimes in most of the world has become easy to do because of Bitcoin, in fact
This is one of the disadvantages of this electronic currency, another disadvantage is the fact that you or anyone else can do
Money laundering without fearing of the law, you can blackmail and no one can follow your transactions back to you.

It's a bit of a misconception that Bitcoin is used for illegal activities. It used to be that way in the early days and on the dark web but things have changed now. You see more money laundering from real estate than you do from Bitcoin.

I happen to agree here. Moreover, Bitcoin, due to its underlying technology, i.e. blockchain, is quite risky for illegal activities since the entire system is a digital ledger, i.e. a registry of all transactions between all parties and the ledger just cannot be changed or deleted, which means every transaction is potentially traceable and you just cannot hide because of it. So, taking into account what I've said, I believe using Bitcoin for illegal activities sounds a little absurd.

Yeah here's an article that covers what I was talking about earlier: https://blog.bitmex.com/money-launderers-use-property-not-bitcoin/

Learn more about the AXEL project here: https://axel.network/
hatshepsut93
Legendary
*
Online Online

Activity: 1442
Merit: 1132


( ͡° ͜ʖ ͡°)


View Profile
August 16, 2018, 09:38:50 PM
 #18

First, Bitcoin is not based on some "blockchain technology", blockchain was created as one part of Bitcoin's protocol. Other's have taken this part and tried to give it a new spin, claiming that it's a fundamental technology that will change the world, but in reality they are simply trying to distract investors from Bitcoin and grab money on hyped market. Bitcoin is hundreds of times more useful than any "blockchain technology".

Next, Bitcoin is not doing any miracles so far, its adoption is still low, and in the end its just money - it alone can't change the world, solve economic and social problems, make everyone rich and so on, even if everyone in the world will be using it.

Docnaster
Hero Member
*****
Offline Offline

Activity: 882
Merit: 538


WOLF.BET - Provably Fair Dice Game


View Profile
August 16, 2018, 09:45:33 PM
 #19

Well the money laundering thing is truly a non-issue, Bitcoin isn't actually anonymous with all the big data agencies scraping and compiling databases of BTC users. Additionally, cash is 100% anonymous, you cannot reliably track it from one person to the next to avoid money laundering, tax evasion etc, so why are they villainizing Bitcoin for it? Just goes to show the guys in power really have no idea wtf they're talking about.

.WOLF.BET.▄███████████▄
███████    ████████████▄
███████    ███████   ▀██
██████████████████    ██
██    ██████████████████
██    ███████    ███████
█████████████    ███████
███████    █████████████
███████    ███████    ██
██████████████████   ▄██
██        ▀███████████▀
██
██

█████
  ███
  ███
  ███
  ███
  ███
  ███
  ███
  ███
  ███
  ███
█████


OliverBuracBTC2017
Jr. Member
*
Offline Offline

Activity: 308
Merit: 1


View Profile WWW
August 16, 2018, 10:09:58 PM
 #20

Bitcoin really is a miracle. Just like what you have posted, it gives its owners freedom to their money. The ability to somehow fully own your money is one of the best things someone can have because no one will be able to control your money aside from yourself. The only thing that we really just can't control is its constantly changing value.

⯃⯃⯃⯃⯃⯃⯃⯃⯃⯃⯃⯃⯃⯃  HiveNet  ⯃⯃⯃⯃⯃⯃⯃⯃⯃⯃⯃⯃⯃⯃
               THE NEXT GENERATION OF CLOUD COMPUTING               
Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!