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Author Topic: Why is Bitcoin allowed to continue?  (Read 2296 times)
olarrtt
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September 24, 2018, 04:08:44 PM
 #41

And how do you want central bank stopping us to use Bitcoin? Who are they to give use us directives?

Quite true, cause I always know so far there is internet in the world, no one can actually stop Bitcoin.

And yeah, banking without the bank is the sole aim, to take control of your own currency
Geemy
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September 24, 2018, 04:33:10 PM
 #42

I think that this area can not be finished. It has nothing to do with the current price. This area is used in many businesses and there are works in this field.
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September 27, 2018, 11:37:23 AM
 #43

I think bitcoin allowed to continue for it is the better for everyone. It will leads to the brighter future of the next generations.
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September 30, 2018, 02:14:18 AM
 #44

I think you should allowed to continue bitcoin...because now bitcoin price is very poor but one time it will be increase,for that time you should wait and hold your bitcoin.
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September 30, 2018, 03:21:40 AM
 #45

I think you should allowed to continue bitcoin...because now bitcoin price is very poor but one time it will be increase,for that time you should wait and hold your bitcoin.

It is not the only reason why Bitcoin is allowed to continue, there are a lot of reasons to let Bitcoin to continue and the first one is because it is decentralized.

Bitcoin is a decentralized cryptocurrency. No one can really stop it, nor fully control it since no one really owns it. Even if we have a lot of Bitcoin, in general we don't really own it, we can just access that part of the Bitcoin that we own. Since Bitcoin is decentralized, it can continue as long as investors and traders continue to use it. The only thing that can stop it in a country is by the government banning it.
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September 30, 2018, 03:50:46 PM
 #46

I have been thinking a lot lately about why the central bankers are allowing Bitcoin to continue with only minor resistance.   The central bankers have set up shop in almost all civilized countries and have a money printing racket going on.  In America the central bankers are kind enough to let our treasury print the money and then they take 6% off the top thus enslaving the American population.  Don't worry though most Americans are completely unaware of any of this.  The central bankers control the military as well as they own the government.

The last country, without nuclear weapons, to attempt to bypass the central bankers was Libya.  I can still see the vivid video on the internet of Qaddafi being murdered in broad daylight in the middle of the streets of Libya.  Another fellow who attempted to not use the US dollar and went against the wishes of the central bank was Saddam Hussein.  Once again he met a similar fate.  He was hung.

The three countries without central banks right now Iran, North Korea and Syria are under constant attack or threat of attack from the central bankers.

Why would they allow Bitcoin to continue like this and grow momentum?  All they would have to do is outlaw it and 90% of the world population would bitch out immediately and stop.  But they don't do it. 

Is Bitcoin a trap?  Is this a central banker monstrosity used to turn us into tax slaves by recording every transaction?  Was Bitcoin innocent and free money and the central bankers are trying to squeeze their way in so they can use it as a weapon?  The only thing I do know is they are not handing over a decentralized economy to us because they love us.  What's the play?  Are we being set up?  Are we the useful idiots getting all our friends and countrymen involved in crypto?

because there is still hope in bitcoin and we still really need bitcoin. because bitcoin is slowly but surely will rise again.
AkimotoTsubasa
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September 30, 2018, 04:48:27 PM
 #47

 Grin Grin i think the bank never accept bitcoin anyway. it's just my opinion
WalletPlus
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September 30, 2018, 04:56:16 PM
 #48

Because bitcoin doesn't follow any philosophy, ideology, and because the bitcoin community is a global one, bitcoin has no ruler or something. Bitcoin exists because of math. You can't stop it because it has no central power of failer, only if tomorrow no one wants to hold it or use it.

Money is power, and power loves money
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October 03, 2018, 06:42:21 PM
 #49

I have been thinking a lot lately about why the central bankers are allowing Bitcoin to continue with only minor resistance.   The central bankers have set up shop in almost all civilized countries and have a money printing racket going on.  In America the central bankers are kind enough to let our treasury print the money and then they take 6% off the top thus enslaving the American population.  Don't worry though most Americans are completely unaware of any of this.  The central bankers control the military as well as they own the government.

The last country, without nuclear weapons, to attempt to bypass the central bankers was Libya.  I can still see the vivid video on the internet of Qaddafi being murdered in broad daylight in the middle of the streets of Libya.  Another fellow who attempted to not use the US dollar and went against the wishes of the central bank was Saddam Hussein.  Once again he met a similar fate.  He was hung.

The three countries without central banks right now Iran, North Korea and Syria are under constant attack or threat of attack from the central bankers.

Why would they allow Bitcoin to continue like this and grow momentum?  All they would have to do is outlaw it and 90% of the world population would bitch out immediately and stop.  But they don't do it. 

Is Bitcoin a trap?  Is this a central banker monstrosity used to turn us into tax slaves by recording every transaction?  Was Bitcoin innocent and free money and the central bankers are trying to squeeze their way in so they can use it as a weapon?  The only thing I do know is they are not handing over a decentralized economy to us because they love us.  What's the play?  Are we being set up?  Are we the useful idiots getting all our friends and countrymen involved in crypto?

I think we all know that bitcoin is very huge and very potentiating crypto currency and is the most potential that it is now providing employment to millions of people around the world and they are now able to spend very good life with bitcoin so now the time of bitcoin is like that now more and more people are now started getting the fate and potential of bitcoin and thus they are investing in bitcoin and I think I’m this is the most probable reason that bitcoin is illegal in any country, bitcoin is either decentralised or legal in every country.
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October 03, 2018, 06:48:48 PM
Last edit: October 03, 2018, 07:15:57 PM by aoluain
 #50

Well imo bitcoin cannot be stopped, banks or governments cannot stop it.
They can control their own end of the process of transferring crypto to FIAT.
We could possibly see a more agressive campaign from banks to control
their customers usage of crypto as the popularity and adoption increases.

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October 03, 2018, 06:56:28 PM
 #51

because the work of bitcoin is very popular with the community, working in the bounty campaign is very well done, no one can stop the work in the bounty campaign, I love working in the bounty campaign

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October 03, 2018, 06:57:06 PM
 #52

Honestly do you really think bitcoin is a threat for banks or governments? Maybe in the future it could do some damage to the economy but even then there will be no major difference. I don't say that bitcoin is not capable of doing damage to banks but it's about people because they control bitcoin. Right now people don't take advantage of bitcoin and that's because they simply don't care about banks and don't want to affect them.
Since banks know that bitcoin can't do absolutely nothing to their economy why would they care about it and spend their money and time to try and destroy it? Anyway I don't think that would be pretty hard to do since people don't really support bitcoin when it has hard times and they sell everything when price goes down.
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October 03, 2018, 07:04:47 PM
 #53

The Truth of the matter is bitcoin can't be controlled by any one bitcoin is highly decentralized and at that survive no matter the attack but it can never be killed or stopped by any individual, institutions or government the highest there can do is to play minimal regulative rule in bitcoin like the KYC and the rest.
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October 03, 2018, 07:19:44 PM
 #54

Bitcoin is allowed to continue because it has already a massive effect on people's lives and the government cannot do something to remove it that easily especially for a democratic country.



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October 03, 2018, 07:25:51 PM
 #55

Allowed? Do you think we are asking permission or something? There is no way to stop bitcoin. Despite the BS you see here all the time NO LOGICAL METHOD EXISTS to destroy bitcoin. So I could care less what any government thinks, I will continue to use bitcoin for the rest of my life. If, and this is not at all likely, my government made bitcoin illegal I would just move and pay my taxes in a new country.  Not everyone can do that, but I can.

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October 03, 2018, 07:38:24 PM
 #56

bitcoin will continue for years, bitcoin uses a lot of investment, I always invest in bitcoin coins, I will always invest in bitcoin coins as my income, good coins are only coins of bitcoin and eth

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October 03, 2018, 07:40:50 PM
 #57

Bitcoin allowed to continue due to it relevancy to the general public in terms of it usage and freedom from third party so at that the people will always accept bitcoin.
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October 03, 2018, 07:57:29 PM
 #58

banks cannot control people, plus bitcoin has diversity. i think better for banks to use bitcoin than ignore that
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October 06, 2018, 09:50:13 AM
 #59

There are various theories put up by some people in the bitcoin community and on this forum as well. Anyhow going to this problem, I do not think the central bank must stop bitcoin development anyhow, because there are so many other things to interest them. It has nothing to do with the current price. I think bitcoin is allowed to continue for it is better for everyone. I think you should allow bitcoin to continue because now the bitcoin price is very poor but for a while it will be increased, during which time you should wait and keep your bitcoin. I think the bank never accepted bitcoin anyway.
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October 13, 2018, 04:41:38 PM
 #60

It has the right to exist. You can't abolish something that has been existing on its own without the help of government. Any moreover, I don't see the reason why one will want to terminate its existence. What harm has it caused? If you think the high volatility of bitcoin is causing an economical meltdown, then you need to think again because this has only been caused by traders who trade with their emotions instead of logically and professionally following the charts. So what ever the reason for why you are asking your question, the answer is that bitcoin hasn't caused any harm by its own existence.

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