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Author Topic: Is Bitcoin for the people or for the corporations?  (Read 3053 times)
JealousCup (OP)
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November 13, 2018, 08:31:48 PM
 #61

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

That's a lot of optimism right there but I think that many people are worried because the banks and the financial institutions  have been stripping us off our right to financial security forever, hence, to me, it is a legit reason to worry about the future of crypto-currencies.
airdagon
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November 13, 2018, 11:06:34 PM
 #62

bitcoin for everyone, the popularity of bitcoin will increase better when adopted by large companies.

but, basically, bitcoin was created for everyone, with the purpose for improving the economy, and avoiding the global crisis.
maianh09
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November 13, 2018, 11:09:25 PM
 #63

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?
Bitcoin is decentralised, so it is the currency of businesses and people. Just using it for transactions will not depend on whether you are a business or a regular user so do not ask questions when it has answers.
zolfa
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November 13, 2018, 11:15:50 PM
 #64

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.
good comment, and I agree with your opinion, when bitcoin is used for transactions in a large company, then that means the development of bitcoin is very good.

beginners, juniors, seniors, whale, and everyone can have bitcoin.
khaled0111
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November 13, 2018, 11:16:26 PM
 #65

I think you are wrong. How can you tell who is owning Bitcoin!!
Besides, any one can buy it, there is no restrictions, it is available for everyone.
We need big companies and corporations to invest in cryptocurrencies to make the market more dynamic.

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Micerker
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November 13, 2018, 11:22:07 PM
 #66

I think you are wrong. How can you tell who is owning Bitcoin!!
Besides, any one can buy it, there is no restrictions, it is available for everyone.
We need big companies and corporations to invest in cryptocurrencies to make the market more dynamic.
You are right when it comes to commenting that everyone can own Bitcoin easily. So anyone can own and use it, it is not limited to what the company or any individual use it. Bitcoin does not discriminate so ordinary people can also use it.

gesdan
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November 14, 2018, 12:00:50 AM
 #67

as u know that bitcoin if the digital currency for all people in the world, so i think the answer id people, but it possible that used for corporations, as we know the corporations start to find the crowdfunding by making an ICO

Siti Nurbaya
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November 14, 2018, 01:51:32 AM
 #68

Bitcoin is indeed for people who have joined it and will be useful for people who have used it.
Each company may also be able to use bitcoin but that certainly uses one name and can be managed together.
shoreno
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November 14, 2018, 03:07:37 AM
 #69

as u know that bitcoin if the digital currency for all people in the world, so i think the answer id people, but it possible that used for corporations, as we know the corporations start to find the crowdfunding by making an ICO

I totally agree on you brother , bitcoin is a currency and a currency is welcome for everyone to use but yeah it can be also use for corporation or any organization , like for example if the boss wants to pay the salary of their employees in the form of bitcoin  .

Since you also mentioned the word ico , as far as i know an ico is only created using etherium and not bitcoin but they can use bitcoin or any other cryptos for paying the bounty hunters .
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November 15, 2018, 02:05:37 PM
 #70

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?
You should be worried if you sell your Bitcoin. Does big financial institutions are now trying to drag down the price of Bitcoin so they could buy at a very low price and they will also pump it when they are done accumulating it.
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November 15, 2018, 02:18:06 PM
 #71

Bitcoin is designed and created for every people in this world.
The intention is for the people gain the control in the currency.
The demand will give the price to the token.
Abal Abal
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November 15, 2018, 05:34:52 PM
 #72

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?
bitcoin is still the same as it used to be, it still remains for people, even though in fact big financial companies dominate, we can still take part in the games they do.

maianh09
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November 15, 2018, 05:38:08 PM
 #73

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?
bitcoin is still the same as it used to be, it still remains for people, even though in fact big financial companies dominate, we can still take part in the games they do.
Bitcoin may be moving more and more to big companies, but individuals can easily own it through exchanges like Binance, Okex, Bitfinex. Bitcoin's general practice demonstrates that everyone can own it and use it.
gamechangers
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November 15, 2018, 08:55:26 PM
 #74

Cryptocurrency didn't come out as a source of financial freedom. It came as a means to provide solutions to everywhere the commercial banks have failed us. Therefore bitcoin is for everyone as its a medium of transactions.
socksserver3
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November 15, 2018, 10:14:05 PM
 #75

To my mind, btc is for both people and businesses. To my mind, btc is a great way to earn good money. To my mind, it is better to  use it for the long-term investment because its price must rise soon
k-n-i-f-e
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November 15, 2018, 10:28:59 PM
 #76

It's for the people; it was and still is experimental but no doubt it sparked a revolution.
JealousCup (OP)
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November 15, 2018, 10:44:25 PM
 #77

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!

Are you actually excited by the fact that large financial institutions will ride the crypto wave after messing up the global financial system back in 2008? You do realize that this new trend might mess up the system for the little guy?
JealousCup (OP)
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November 15, 2018, 10:57:37 PM
 #78

Cryptocurrency didn't come out as a source of financial freedom. It came as a means to provide solutions to everywhere the commercial banks have failed us. Therefore bitcoin is for everyone as its a medium of transactions.

Regular money is also a medium of payment for everyone yet it's controlled by central banks which have always created the conditions for commercial banks to fails us. While I do think the crypto-currency system needs a bit of regulation, I would not want it to be taken over by the wrong folks.
leetcoiner
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November 15, 2018, 11:03:52 PM
 #79

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?

When it was said that bitcoin was meant for people by a particular owner, and what advantages this crypto provides in comparison with the Fiat currency system familiar to us. First of all, it is the transparency and anonymity of transactions throughout the chain. It is the absence of these properties in the classical market that allows corruption and fraudulent operations to exist.
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November 15, 2018, 11:07:17 PM
 #80

I think that now it is more for corporations but in the future everyone will be able to use it successfully. To my mind, you can use btc as the payment method now because it is very effective and to my mind you will be able to benefit from it

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