Is Bitcoin for the people or for the corporations?

[JealousCup]

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

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[BennyK]

Bitcoin was largely created to serve as a currency which will facilitate easy payments and also enhance the payment systems of businesses, companies, institutions. If it is now being taken by these big corporations, it means a Bitcoin is still on track and achieving its purpose. More companies will soon integrate it into their payments once there is a competition set between the companies using Bitcoin and the non-using companies.

[koelen3]

I think there's a lot more of the "people" holding and using bitcoin than you realize.  It does seem like lately a lot of news surrouding bitcoin has a corporate side to it. I think that is more so to do with all the talk around corporate finance and ETF's.  Bitcoin and cryptocurrency has been a hot topic in the financial industry and fiancial coporations have all gotten in on the craze one way or another, even if it's that they denounce it's use/mertit.

I simply don't thinik individual use by the every day person is very newsworthy at the moment, so you just don't see or hear it being reported..even though it is going on.

[tdmiller4]

Cryptocurrency was meant to be a more secure and protected form of payment for consumers. While I think it does have a negative connotation attached to it, the overall concept really is meant for the good of online transactions. This form of payment being more widely accepted, especially by large companies, means that it is doing its job in my opinion.

[JealousCup]

Bitcoin was largely created to serve as a currency which will facilitate easy payments and also enhance the payment systems of businesses, companies, institutions. If it is now being taken by these big corporations, it means a Bitcoin is still on track and achieving its purpose. More companies will soon integrate it into their payments once there is a competition set between the companies using Bitcoin and the non-using companies.

But the first crypto-currencies' millionaires were young men and women who took a risk on a currency no one thought was going to make it mainstream. What happened from then to now?

[mocker001]

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

I  strongly disagree.. what are you talking about? what big financial institutions are you referring too? of course, more companies and industries are accepting bitcoins and other cryptocurrencies as a form of payment and that is good for everyone...  it doesn't mean that they are taking over or building a monopoly. I think we should be happy and excited not worried or scared and moreover, there are a lot more users of bitcoins every year from all over the world

[resty]

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

Money back or return for bitcoin organizer is not necessary because Bitcoin Crypto currency Platform obviously is for the people for every one of us and of course  we do ourselves to keep it better. however it is a big advantage to Corporation or to the people have a lot of capital to invest because they will live in a wealthy Lifestyle since Birth, So for us being as an ordinary person we keep our best to do in some other aspect to generate income even without capital or even a little capital of bitcoin. we try our best!

[thuat86]

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

More and more institutional capitals comes to bitcoin, but why people worry. Don't need, any individual can buy, sell or hold it. What is the problem?

[haze_williams]

Bitcoin is mean for individual people to use but many corporations adapt and mostly make it to media. You don't see normal people in news unless its about bitcoin scam or corrupt.

[smartbitcoininvestor]

Bitcoin is for everyone.

[batang_bitcoin]

No. Why should we worry?

If big financial institutions comes in so what? bitcoin is free, regardless of big or small corporation, individuals to come in. And aren't you grateful if institutional money comes in? that will be positive to the early holders that has endured the bear market.

[BuyBuyBitcoin]

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

Being wrong, without stating any reason you believe this and posting about it doesn't make for a good discussion.

[pooya87]

bitcoin doesn't choose who uses it! it is free for all to use it without any restrictions. being an average Joe, or a multinational corporation. that's the beauty of it. the governments may restrict them like some countries that have banned banks from using bitcoin but bitcoin itself will never do that and will remain the same because of its decentralization.

[entebah]

I think Bitcoin is for everyone, not just for companies, so if Bitcoin is used for various companies in the world, then the price of Bitcoin will automatically become more expensive, because many companies will adopt Bitcoin, so the Bitcoin supply will be depleted and can make Bitcoin increasingly rare. and then I think the price will increase.

[Ridwan Fauzi]

There are no special requirements for someone to have bitcoin, you can have bitcoin by buying with the money you have. However, for someone or a company that has a lot of capital to buy bitcoin, there is indeed an advantage they will get, for instance, they can change the condition of the price of bitcoin. Bitcoin prices pure are based on supply and demand so as if there is someone or a company that has a large amount of bitcoin and then sell it then the price of bitcoin will decrease and otherwise. But for someone who only has a small amount of bitcoin they can get a profit also depends on predicting the price of bitcoin.

[nuraziaaziz]

I believed Bitcoin mainly is for the people however as times goes by I can see that slowly there's an increasing number of businesses who used Bitcoin in order to get financial freedom.

[Kakmakr]

We will have to start worrying when you no longer can use Bitcoin, without using some kind of centralized service. Most people have stopped making direct P2P payments, because they rely too much on the convenience of centralized services. <Large exchanges & Wallet providers>

The large corporations are profit driven and could care less about financial freedom, so you cannot expect them to protect your financial freedom. We are in control of our own destiny and the correct decisions will define our level of financial freedom in the future. 

[reda]

It help to people growth. People get more ideas and information from bitcoin. It reach the all country people and easy to use any where if users know that. So before use the bitcoin. Lean the information and price list. It time to change the price. So time to acct. If want to know more information check the market place price. Then invest.

[Haunebu]

Are you serious op? This is a dumb question. It is obvious to everyone in the cryptocurrency world that Satoshi Nakomoto developed Bitcoin for the masses so that they can conduct financial transactions online without any sort of interference by the authorities.

Anyone with basic knowledge about Bitcoin understands this much. The primary reason why anyone decide to invest into this market in the first place is to earn profits without any outside interference in an anonymous manner.

This is how I got enticed by Bitcoin and decided to invest into this market and earned substantial profits without any sort of outside hassles.

[iTradeBit]

I think we shouldn't be worried. Bitcoin is for everyone.