wow.magic
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November 18, 2018, 11:05:43 AM |
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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?
No, don't be worried by those financial institutions because they only just create coins to compete in this market but its the consumers who has the power to make them last in the market. In this business, there are so many competitions so the demand isn't great for those financial institutions. But public's favourite like bitcoin will stay because people support for its growth and development. |
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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Yusuf77
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November 18, 2018, 11:26:21 AM |
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maybe at this time bitcoin has not been fully known by everyone and there are still many countries that have not provided the legality of crypto currencies and that which is still being used by certain people and for companies
yes you are right, but not all people in this world will work and know the world of cryptocurrency. because the way people get money or success is different. I think it all takes a very long time for all companies and people to know what the benefits of crypto are for the country and for someone. |
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cleygaux
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November 18, 2018, 01:10:28 PM |
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Its for everyone who wants to use and store bitcoin even a single person, companies, financial institutions and other groups are free to buy and utilize bitcoin the way they want it, no need to worry we can all benefits from this digital currency big institutions are always part of every game especially money.
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osmo
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November 18, 2018, 01:27:46 PM |
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I think more and more are using bitcoin, so it's good for the development of bitcoin and other crypto currencies, nowadays more and more people and companies that know and use bitcoin, I'm not worried
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Dudeperfect
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November 18, 2018, 03:34:05 PM |
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Bitcoin is not yet fully developed and hence everyone has the equal opportunity to get involved with it and extract maximum benefit out of it. It is merely a payment system which gives some advantages over the traditional fiat based payment system. While considering the individual's point of view, one should understand that Bitcoin is a payment system and the real value lies in the ability to deal with utility aspect of it and speculation is just the surface. Corporations are exactly focusing on this point and extracting benefits out of it.
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ellehcar
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November 18, 2018, 04:10:00 PM |
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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?
They can try to take over it but they can't, that's why they're continuously seeking for ways to do so. Purposely speaking, bitcoin was created to be decentralized and for the people, to get rid of the third party. If they will try to interfere, they will only lose. As long as we hold our private keys, we can transact using the blockchain without any financial institution, and there's nothing they can do to change that fact. The most that they can do is try to spread fear of capitulation and FUD about it to manipulate the price, just like what is happening nowadays. SEC keeps on delaying the ETF, and whales keep on bickering, that's why price keep on falling. But my hope is high that crypto will soon prevail despite these obscurities. |
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Ravion
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November 18, 2018, 05:15:17 PM
Last edit: November 25, 2018, 04:15:33 PM by Ravion |
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maybe at this time bitcoin has not been fully known by everyone and there are still many countries that have not provided the legality of crypto currencies and that which is still being used by certain people and for companies
yes you are right, but not all people in this world will work and know the world of cryptocurrency. because the way people get money or success is different. I think it all takes a very long time for all companies and people to know what the benefits of crypto are for the country and for someone. The issue could be that if people start relying on companies for storing their Bitcoin, instead of keeping and storing it themselves, it won't be much different than the traditional banking they were doing before they started using it. The main purpose of Bitcoin was originally for it to be an alternative to banks. One of the main reasons why corporation started paying so much attention to it was the launch of the Bitcoin investment products in the major exchanges, which kind of legitimized it for them. But perhaps the good thing about it is that it means they think Bitcoin has a future. If they thought it was just a fad they wouldn't spend any money on it. |
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callyf
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November 18, 2018, 05:28:57 PM |
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Is for all who love bitcoin and be digital around
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fistteam
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November 18, 2018, 05:33:25 PM |
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Bitcoin and Altcoin were created for the purpose of fast online payments, and so far the number of "personal" is still the majority of bitcoin holdings compared to many companies. Risk, not legitimized, makes many companies afraid. I hope the Bitcoin future will be legalized and widespread.
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izanagi narukami
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November 18, 2018, 05:34:22 PM |
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Bitcoin is being created from us, trader to us as trader too.
As we know that bitcoin keep expand globally so in order to gather more exposure, company or even government have their right to control their regulation under control so it's a win win solution for both party !
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Hasansat
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November 18, 2018, 06:20:21 PM |
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Yes, from my personal opinion I think , Bitcoin for the people or for he corporations. because, Bitcoin provides the right price for the person or organization of its investment. Also, the cost is very low at the time of exchange. No bank has to pay any additional money while investing in bitcoin. Currently, many companies are using Bitcoin for their business promotion and expansion. So I think Bitcoin is a blessing for the present time.
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Sirait
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1xBit 🏆 │ NotYourKeys.org
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November 18, 2018, 06:56:36 PM |
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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?
indeed, today many large companies and institutions use Blockchain technology and issue their own cryptocurrencies to gather and make their business bigger.. actually, we don't worry about this because all cryptocurrencies and blockchain technology are for the good of human society in the future, and surely the company only helps make Blockchain technology bigger and known.. |
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Market-desi
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November 18, 2018, 11:57:37 PM |
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if I think bitcoin is for everyone, bro. even poor people are very good. if you join invest in bitcoin. because Bitcon gives them a chance to become a millionaire .
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🏦 PointPay 🏦
⚡️ Welcome to the future of the BLOCKCHAIN-BASED BANKING ⚡️
➡️ https://pointpay.io ⬅️ |
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MbakNarti
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November 19, 2018, 12:27:35 AM |
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There is nothing we need to worry about, because bitcoin is indeed created for everyone and for anyone who wants to own and use it without any exceptions. Currently, I see bitcoin more widely used by individuals and many people have saved and used bitcoin as a payment tool and transaction in their daily lives. Certainly it is the hope of all of us that in the future bitcoin will get better, and the price of bitcoin will rise much higher, and can become a national currency that applies throughout the world.
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JealousCup (OP)
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November 19, 2018, 10:00:58 PM |
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Its for everyone who wants to use and store bitcoin even a single person, companies, financial institutions and other groups are free to buy and utilize bitcoin the way they want it, no need to worry we can all benefits from this digital currency big institutions are always part of every game especially money.
Not disagreeing, just wishing that virtual currencies serve the people first. I have absolutely no problem with businesses using them, it's convenient for all parties involved but we also should be on the lookout for digital coins becoming another version of fiduciary currencies which belong to central banks. I just think it's fair to have concerns about that particular aspect. |
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M4NDELL
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November 19, 2018, 10:09:06 PM |
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Bitcoin is thankfully not a closed club. Ordinary people and corporations can have it in their assets. But they say that due to the depreciation of the course, many do not stand up and sell their bitcoins, and corporations buy them at a low price. But this information may be simple speculation.
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JealousCup (OP)
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November 19, 2018, 10:27:10 PM |
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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?
indeed, today many large companies and institutions use Blockchain technology and issue their own cryptocurrencies to gather and make their business bigger.. actually, we don't worry about this because all cryptocurrencies and blockchain technology are for the good of human society in the future, and surely the company only helps make Blockchain technology bigger and known.. Actually, I want Blockchain technology to become more mainstream but I feel like if the corporations pick up the project, it would be as if we did not need switch from fiduciary to virtual currencies in the first place because the big corporation will set rules that will only benefit them when it's the users that made the technology more popular. If now, more businesses are okay with using bitcoin or others, it's thanks to us users of cryptocurrencies, so we should the tones setting the rules. |
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ashfer
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https://luxantdigitalbank.com/
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November 20, 2018, 12:22:59 AM |
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Bitcoin is the first known digital currency in the universe it was introduced by a genius scholar and was introduced by a pseudo name Satoshi Nakomoto . The main purpose for the creation of Bitcoin was to eliminate the interference of a third party in the transaction of currencies and that has been succeeded by this digital decentralized currency.
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JealousCup (OP)
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November 20, 2018, 12:31:11 AM |
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Bitcoin is the first known digital currency in the universe it was introduced by a genius scholar and was introduced by a pseudo name Satoshi Nakomoto . The main purpose for the creation of Bitcoin was to eliminate the interference of a third party in the transaction of currencies and that has been succeeded by this digital decentralized currency.
However, with financial institutions getting involved, we might be heading back to the system we're already in: One with third parties and plenty of interference. All this work put in and now that virtual currencies are becoming mainstream, their end might be near... |
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Sethrey
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November 25, 2018, 03:20:10 PM |
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Bitcoin is thankfully not a closed club. Ordinary people and corporations can have it in their assets. But they say that due to the depreciation of the course, many do not stand up and sell their bitcoins, and corporations buy them at a low price. But this information may be simple speculation.
I think it's very probable to be truth. Why not? None of us really know who stands after it and how they can rule the market in order to earn even more. Rich people will never stop earning money. And they do it in different ways. |
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