Is Bitcoin for the people or for the corporations?

[jemarleon]

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

Yes I also dont get his point here, everyone has a freedom even those big financial institutions because they are also people that can buy as much as they can if they want.

[uotbtc8611]

well, I think its for both, people and corporation both can use it..people can use it for consumption purpose while corporations and other business can use it as investment as we can see the fluctuate price of it and corporations can also use it for dividends..

[zikzag]

Bitcoin has its own meaning for each person. And each person uses Bitcoin for their own purposes. There is no bad and good.

[Anies_Sandi]

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?

in my opinion, bitcoin holders cannot be sure that individuals or companies depend on how to manage those large-scale bitcoins for companies and maybe small-scale individuals

[gurang]

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 people because bitcoin can help in one nation or etc.so that we should share it to other people so that they can also improve and change their life's.

[fabiorem]

For the corporations.

Lets face it: people dont want a currency that drops 90% in value from one year to the other.

Also, terms like "bull market" and "bear market" points out that bitcoin is a speculative asset. It can only be used as a store of value, not as a currency.

Most people dont store value in anything. They just spend all the money they receive, and a lot are in debt as well.

[bitbunnny]

To my opinion Bitcoin is at first for the individuals, to have some decentralized, idependent system from the banks. But corporations are also very welcomed and I think that businesses, especially some small private companies are willing to accept Bitcoin and cryptocurrencies and general.  Both individuals and companies can find their interest and use of Bitcoin.

[fianaindriati]

Bitcoin has its own meaning for each person. And each person uses Bitcoin for their own purposes. There is no bad and good.

every bitcoin development does have meaning both for everyone and for the company. because bitcoin is placed anywhere it certainly can. so either the company or individual is very profitable.

[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?

Bitcoin is a public blockchain and it is originally created for the people. This will last forever. However, when bitcoin gets massive adoption, it gets institutional attention as well.

[bandungan]

Bitcoin is not limited to people or companies can use bitcoin if they want. this is something that might often raise questions but believe me now that many individuals use bitcoin to become an asset

[naufals4]

I think bitcoin is intended for everyone, because everyone can have bitcoin. As long as the person has money and wants to exchange money for a bitcoin market or cryptocurrency exchanger, I think everyone is free to have it.

[Bennix]

Of course,bitcoin is for the people.It is not created to be used by corporations alone.If traditional currency is used by people,it means bitcoin is meant for people as well.
Similarly, if people can purchase goods and service online with dollars,it means bitcoin can be used to purchase goods and service online.
On the other hand,people have been subjected to various inhuman degrading treatment whenever they want to send money depending on the countries they are leaving in.Sometimes, they are subjected to stress,unnecessary delay  and  credit fraud.
So,bitcoin is for the people,and it is created to ensure financial freedom of everyone. It is created to liberate people from every form of financial slavery and exploration prevalent in some of the financial institutions.
Finally ,bitcoin is for the people.

[JMD07]

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?

It's because people are greedy to own many bitcoin as they can to take the control of the market and those people at middle class will just go with the flow or might get trap with those manipulators. I think the solution here is the mass adoption as many people will utilize crypto then the ownership will spread worldwide.

[saumang2m]

Yes Bitcoin is the helpful platform for people. Because in Bitcoin we can earn money without investing. And to work in Bitcoin, we do not need to go anywhere. From which we can work with Bitcoin in our business as well. This is the reason. That bitcoin is becoming so famous in today's time.

[South Park]

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 should not worry us it was natural that corporations will take an interest in bitcoin after they discovered its potential, it is the same that happens with fiat, corporations use it and in some cases they have become so big they can manipulate it somehow, the same will happen with bitcoin in the future but their influence is going to be very limited since they will not be able to influence the developers as they do with politicians.

[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?

This should not worry us it was natural that corporations will take an interest in bitcoin after they discovered its potential, it is the same that happens with fiat, corporations use it and in some cases they have become so big they can manipulate it somehow, the same will happen with bitcoin in the future but their influence is going to be very limited since they will not be able to influence the developers as they do with politicians.

It won't happen if we use other circuits for crypto exchange. I 'm talking about independent platforms like Virie.

[Sawadekub]

Unfortunately, our world is designed in such a way that the strong and the rich get everything.
Yes, Bitcoin was created for people (as we assume). But when the rich realized that it was possible to earn excellent money (at the expense of ordinary people), then Bitcoin turned into a means of manipulation.
Now the situation is such that the market is controlled by corporations, they are whales, and ordinary people are forced to simply adapt to their games.

[freightjoe]

Unfortunately, our world is designed in such a way that the strong and the rich get everything.
Yes, Bitcoin was created for people (as we assume). But when the rich realized that it was possible to earn excellent money (at the expense of ordinary people), then Bitcoin turned into a means of manipulation.
Now the situation is such that the market is controlled by corporations, they are whales, and ordinary people are forced to simply adapt to their games.

Bullshit.

Bitcoiners in here were too stupid to see Bitcoin for the scam that it is, and now they have lost most of their money to the early Bitcoin scammers

[Jose Rizal]

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?

Well I think this is a win-win situation for us which both sides were gaining and losing as well it just that corporations by then is having a bigger amount than us who were just a bitcoin hunter in this forum, we can say that in a say that this is made just for the sake of one in those choices and I guess we should see this as a new thing since in this world there's no such thing as fairness when it comes to business.

[deppil]

I think that everything that is being done now will lead us to the best, and if it is necessary for bitcoin to take control of financial institutions, then let them take, there is no problem

If that's what you wish, okay, but then, don't complain about about crypto transactions taking so long to be processed.

Not only that there will be many restrictions, taxes, and controls. honestly I don't want that to happen. let bitcoin remain decentralized without the control of any institution and corporation. is it many people interested in adopting bitcoin because of the decentralization factor?