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Author Topic: Is Bitcoin for the people or for the corporations?  (Read 3046 times)
Marbelli
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November 28, 2018, 10:50:02 PM
 #161

this is extremely bad as it contradicts the initial idea of the creator of the cryptocurrency Satoshi nakamoto

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jojohamasa
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November 28, 2018, 10:55:02 PM
 #162

If Bitcoin stopped making a fuss around it, you know it is dead
Major institutions and governments speak about it
supporters and opponents
This is good .. We are on the way to public adoption
Financial freedom and acceptable payment method.
JealousCup (OP)
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November 28, 2018, 10:56:51 PM
 #163

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.

You can't be serious. What affected the prices of bitcoin last week? You'd say the people, I guess. Because we all want cryptos to go away, right?
ATMD
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November 28, 2018, 11:07:41 PM
 #164

Bitcoin is meant for everyone, no one is taking over it. It is a good sign that corporations are now becoming more prominent in Bitcoin trade, it should be seen as a positive rather than a threat.

sametyui73
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November 28, 2018, 11:10:40 PM
 #165

 Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley 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.  Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley
JealousCup (OP)
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November 28, 2018, 11:28:54 PM
 #166

Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley 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.  Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley

I can tell based on facts that people are starting to drop bitcoin and other cryptos because of last week's crisis. Then suddenly, stablecoins are becoming a thing. You still think that this came out of the blue?
Kez1817
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November 28, 2018, 11:41:00 PM
 #167

    Of course bitcoin is for the people and not for the corporations. I believe many people still holding bitcoins and even a lot of companies and stores are accepting bitcoin as payment but it doesn't mean that they monopolized the bitcoins. Bitcoin was created for everyone and only for a single person or a group of people doing business.

Vickyrichy
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November 28, 2018, 11:49:37 PM
 #168

Bitcoin is a digital currency for everybody no matter where you find yourself in this world. Just like physical fiats such as USD, some people have a lot more than others but do you hear people complaining that financial institutions are taking over the currency?? I think you should get yourself more familiar with the use of cryptocurrencies.
KrishaBitcoin
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November 29, 2018, 12:47:38 AM
 #169

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?

This is good and we should not be worried as this means that additional investments for the market. Just imagine if the billionaires like Warren Buffett and Bill Gates will join the Crypto investments like JP Morgan then expect additional support level for the market. Although they might be able to manipulate the market movement but we could ride with them with a perfect timing.

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primejia
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November 29, 2018, 12:53:36 AM
 #170

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 money, so it is money for anyone who wants and can own it, so I don't think anyone can manage and master it in total, like money in general , which is used as a means of payment , Large investors have large amounts of bitcoin , so what happens is they master it because it has a large amount.
BennyK
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November 29, 2018, 01:09:16 AM
 #171

Bitcoin is for both the people and corporations. Bitcoin was created mainly to fulfil the goal of a digital currency which will offer a well decentralized payment method for its users. I don't think a currency will be intended to discriminate among which people or sector or institution to use it.

ardhigalau
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November 29, 2018, 03:17:24 AM
 #172

Bitcoin is created for all people, anyone can have it from unemployment and even entrepreneurs. That's special about bitcoin, but we don't get too greedy in having bitcoin, use your money for other things.
Inosend
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November 29, 2018, 05:48:16 AM
 #173

Bitcoin created by a person for the people and its run by the people hope you know that bitcoin is not governed by any body

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cybernetik7
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November 29, 2018, 06:09:04 AM
 #174

Bitcoin does not keep going on the pathway which was desribed ten years ago. Since the profile and aims of bitcoiners has been changing and companies start to involved, so many things have already changed but bitcoin on its way to achieve its main purposes. I don't think integration of companies and  their payment systems are unacceptable. Sorry but we can't chage everything we want.

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cryptobulls.exchange
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November 29, 2018, 06:32:28 AM
 #175

Bitcoin to other cryptocurrenices are designed for a particular objective. They are fully decentralized and not require to follow some dull procedure for making use of it. Anyone can use it making use of bitcoin depends upon what kind purpose you hold.
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November 29, 2018, 06:49:51 AM
 #176

Bitcoin is good for every one not for single individual it is important for corporations and i like it because through which we can contact with corporations and it will good for every one who needs to make an online payment for a contract to multinational corporations.

valentin68
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November 29, 2018, 06:55:39 AM
 #177

I would say that every one in this world is smart. Thus if bitcoin is good for people why wouldn't be bitcoin good for corporations? Corporations are smarter than people (a corporation is the inteligence of many people) thus bitcoin is good for corporations.  Bitcoin is the future of the money, it will give freedom and peace to the world.
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November 29, 2018, 06:58:53 AM
 #178

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?
WOuld you tell us whats this financial institutions tooking over the bitcoin?you can still purchase and sell cryptocurrency right?so whats about that?i believe that is still a freedom and nothing can deny us from doing such.
As long as we can still have our own cryptocurrency that means we are free and can use this market anytime we wanted or needed to be
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November 29, 2018, 07:24:46 AM
 #179

I've said for sometime now that IMO, a major setback for bitcoin is the inability to maintain its intended usecase.  Fact is, bitcoin is so much more about being a store of value today more than the many other benefits of a crypto currency.   It is also inevitable that financial institutions will become interested in crypto and subsequently (as they are now) try to get a foothold.   I think most MNC's and governments fully understand and appreciate the concept and benefits of blockchain tech, as such there is no point to resit their interest or investment in crypto.  It is the manipulation that comes with it that worries me.
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November 29, 2018, 07:46:02 AM
 #180

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 for everyone. That is the primary sense. However, there are prevailing systems in our society that Bitcoin cannot address. Indeed, Bitcoin is for financial freedom. There is real ownership in Bitcoin, in contrast to our fiat system. However, there is always the presence of inequality in this world. The rich can always excel more than the poor when they are really willing to use their money. Bitcoin is for everyone and yet the rich could buy a thousand fold what the poor can only afford.
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