Bitcoin as an example of true democracy ?

[Vladislav2306]

I agree that Bitcoin is created mainly for ordinary people. But in my opinion it was created by reach people to raise more money. Payments in bitcoin is not anonymous, because you can track the transaction.

[Fossoleonardo]

I agree that Bitcoin is created mainly for ordinary people. But in my opinion it was created by reach people to raise more money. Payments in bitcoin is not anonymous, because you can track the transaction.

Bitcoin is created mainly for ordinary people to make transactions without third parties and that payments would be anonymous ! Bitcoin frees humanity from the control of your personal money from the global States. It shows the true face of world democracy and frees us from dictators who think they are kings !
Do you agree ? Share your opinion friends.
Everything peace !

[nutriagrigia]

I agree that Bitcoin is created mainly for ordinary people. But in my opinion it was created by reach people to raise more money. Payments in bitcoin is not anonymous, because you can track the transaction.

But you cannot track who owns this or that wallet address. This is anonymity. Of course, special services can find the owner of the wallet, but ordinary people are not able to find out information about the owner themselves.

[LeGaulois]

Politic and Finance are"t the same thing. Democracy is about to share the power by voting between all citizens. There is no politic inside your bank account. If you want to say to have a democracy in the current banking system, then you can always use an offshore system at any time.

We could think about as a form of governance, or a value system, an on-chain decentralized autonomous organization. While cryptocurrencies are supposed to give us the decentralization there is still only 1 entity taking the decision for a project. Where is a democracy in Bitcoin? An example of a crypto with a decentralized autonomous organization  (Horizen https://bitcointalk.org/index.php?topic=2047435.0)

[jonruhoax]

Bitcoin is created mainly for ordinary people to make transactions without third parties and that payments would be anonymous ! Bitcoin frees humanity from the control of your personal money from the global States. It shows the true face of world democracy and frees us from dictators who think they are kings !
Do you agree ? Share your opinion friends.
Everything peace !

how can you say bitcoin is a democracy?
now we have been discussing deviations from technology, blockchain, crypto and digital.
I think there is a lot of discussion material for learning, knowledge and insight.

[SneakyLady]

That's the ideal, but it can only be a reality if everyone has access to its use, and everyone can use it safely and easily. Still not user-friendly..

[coinnumber]

Bitcoin is created mainly for ordinary people to make transactions without third parties and that payments would be anonymous ! Bitcoin frees humanity from the control of your personal money from the global States. It shows the true face of world democracy and frees us from dictators who think they are kings !
Do you agree ? Share your opinion friends.
Everything peace !

I think bitcoin does not relate to democracy, it does not involved third party simply because it decentralized. I really believed it help the less privilege to earn their living even beyond expectation. As it sever as the most payable job nowadays in terms of Investment, Trading and Bounties. But it has nothing to do with politics

[drachman]

Bitcoin is created mainly for ordinary people to make transactions without third parties and that payments would be anonymous ! Bitcoin frees humanity from the control of your personal money from the global States. It shows the true face of world democracy and frees us from dictators who think they are kings !
Do you agree ? Share your opinion friends.
Everything peace !

I personally prefer to see bitcoin as the true form of capitalism, what we have now around the world is not capitalism, what we have is a bunch of people that obtained their fortunes and that are trying to fix the system to remain in positions of power, while it is obvious that there is some level of manipulation going on in bitcoin at least there is a limit to that manipulation.

[satosibtc1000]

Bitcoin is created mainly for ordinary people to make transactions without third parties and that payments would be anonymous ! Bitcoin frees humanity from the control of your personal money from the global States. It shows the true face of world democracy and frees us from dictators who think they are kings !
Do you agree ? Share your opinion friends.
Everything peace !

how can you say bitcoin is a democracy?
now we have been discussing deviations from technology, blockchain, crypto and digital.
I think there is a lot of discussion material for learning, knowledge and insight.

I'm reasoning and there is no suggest ! I mean, Bitcoin gives people the freedom and the right to choose what is part of a democratic society !

[baghdatis1990]

      Yes, I share the same opinion with yours. The investment in Bitcoin is an alternative to FIAT money trading. This is due to Bitcoin's decentralized structure. Bitcoin gave people a unique payment system, which no one expected, and probably most banks do not agree.

[oceantiger]

Bitcoin was a concept for ordinary people to have access to funding anytime they have a need. The P2P transaction actually makes some money available for both parties which would have been used for the settlement of the third party. So saving what would have been used to pay the third party will be some kind of empowerment.                       

[conceptutorials]

Bitcoin is a sign of true democracy because it gives one financial liberty from the power of the government .

[378budiman]

Bitcoin frees people from controlling your personal money from countries in the world. It shows the true face of world democracy and frees us from dictators who think they are the rulers!

[ThePanopticon]

Bitcoin frees people from controlling your personal money from countries in the world. It shows the true face of world democracy and frees us from dictators who think they are the rulers!

Sorry to bust your bubble but BTC right now is being manipulated and controlled from billionaires that want to make even more money. It's sad and a total disgrace to Satoshi's vision.

[AiBBio]

Yes, bitcoin is decetralized and uncontroled by goverments, ordinary people can use it, that is why it is an example of true democracy

[adzino]

Right now, I wouldn't say it is "true" democracy. The usage of bitcoin and other crypto currency are still influenced by some group of people. Even the whales can manipulate the price at their own will and can cause turn of events whenever they like, since people fall for them. People still have a lot to learn about and the current scenario has a lot to develop.

[[ProTrader]]

Sad  to say but the state will always find a way to control us. As long as we use fiat currency,  we cannot scape  from their control in our daily transactions.

[Chairul Muttaqin]

Bitcoin is created mainly for ordinary people to make transactions without third parties and that payments would be anonymous ! Bitcoin frees humanity from the control of your personal money from the global States. It shows the true face of world democracy and frees us from dictators who think they are kings !
Do you agree ? Share your opinion friends.
Everything peace !

Not yet, bitcoin should be spread evenly first. We are think that bitcoin is an example of true democracy because there is no central authority that print or control bitcoin so the price will not decrease. But actually bitcoin price still be manipulated by whale, you can see the price that very volatile right? But the trend of bitcoin price is good. If you look at the widest timeframe, the bitcoin price chart will indicate that bitcoin price will rise in the future. And when the liquidity is higher then we can say that bitcoin is the true example of democracy.

[M4NDELL]

Unfortunately, I can’t equalize Bitcoin with freedom and democracy because there are good reasons to suspect that its course often depends on a narrow circle of very wealthy people. Until Bitcoin is free from any influence, it will not become a democratic financial unit.

[blueteam09]

Bitcoin represents justice and democracy, and everyone can own and use it. Bitcoin does not discriminate who owns it, and it always helps its owners secure identity in the transaction. This is one of the advantages of Bitcoin, and I believe that one day soon it will replace the FIAT.