why are you sure the bitcoin will be make economic freedom?

[Oceat]

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

Exchanges don't control anything, they were just a mere merchant for people that want to trade fiat currency to cryptocurrency. What makes you think that they really control those cryptocurrency that you were talking?

For those people who don't understand the inflation and deflation when making a lot of money, I think they were the ones that keep on talking but without doing anything to know the fact.

[1715220968]

1715220968

[1715220968]

1715220968

[1715220968]

1715220968

[exstasie]

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

Controlled by exchanges? Nope. As long as BTC and fiat withdrawals are flowing freely, trader arbitrage prevents exchanges from pulling that off. It's only exchanges where withdrawals are frozen/delayed where prices deviate from real market value.

I wouldn't say Bitcoin really provides economic freedom anyway. It only addresses one of the several monopolies the poor and working classes face (the banking/money monopoly). It doesn't address larger economic issues like property distribution or taxation.

[Indrawan77]

No, the freedom means that we can do transaction without being supervised, for today we need a lot of document and statement letter if we want to send a huge amount of money using bank and the government will taxed the transaction, with bitcoin we can used the currency as we like without being questioned, but to make this work we need mass adoption

[justspare]

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

First I’d like to say that none of us are sure about that. There was no place it was stated that Bitcoin and the blockchain would replace banks, Satoshi never said that even (if he did, then I’m sorry I never knew). Bitcoin is good and is the future of cryptocurrency despite everything that you see happening right now. The thing is that most people misunderstood what it’s all about.

If you think about making easy money is the economic freedom then you must be completely wrong. The reason of adopting cryptocurrency something different from what we are already doing with the crypto currencies. Cryptocurrency is for time being acting as investment but the actual freedom we are going to enjoy with them will be only when we are going to use it as the currency. It it may take some more time so that more merchants will be available for accepting cryptos.

[Naida_BR]

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

Cryptos are finite and they aren't controlled by any exchange. The economic freedom can come with the advent of cryptocurrencies due to the fact that people can make transactions in just a few seconds even when they are in different countries or even in different continents. There are many sanctions between countries that they have imposed them as punishment. Cryptocurrencies can cancel these sanctions, thus no impact can happen in the citizens of these countries.

[playboy654]

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

Cryptos are finite and they aren't controlled by any exchange. The economic freedom can come with the advent of cryptocurrencies due to the fact that people can make transactions in just a few seconds even when they are in different countries or even in different continents. There are many sanctions between countries that they have imposed them as punishment. Cryptocurrencies can cancel these sanctions, thus no impact can happen in the citizens of these countries.

In an economy there are lot of destruction for using lots of things and lots of conditions will also be there for us to make running our normal life but when cryptocurrency entered into all over the country which changes a lot of peoples mind set to be normal that's why economic changes will made a lot of difference for cryptocurrency

[SvonioneFromMangoCoinz]

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

I think it's just positive posts from loyal members of the bitcointalk forum. They are looking to make the spirit of the traders better when the market has come down a lot. We should only watch positive posts as motivation to continue working. From my personal point of view, Bitcoin doesn't have that capability and it's still just a popular cryptocurrency in the electronic money market.

[nur rochid]

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

Cryptos are finite and they aren't controlled by any exchange. The economic freedom can come with the advent of cryptocurrencies due to the fact that people can make transactions in just a few seconds even when they are in different countries or even in different continents. There are many sanctions between countries that they have imposed them as punishment. Cryptocurrencies can cancel these sanctions, thus no impact can happen in the citizens of these countries.

In an economy there are lot of destruction for using lots of things and lots of conditions will also be there for us to make running our normal life but when cryptocurrency entered into all over the country which changes a lot of peoples mind set to be normal that's why economic changes will made a lot of difference for cryptocurrency

different from me, I think because Bitcoin has achieved an extraordinary achievement, and many people think that history will repeat itself, it will even reach a higher price, but when that happens, no one knows the certainty

[raven7886]

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

Bitcoin is limited and is not controlled by any one entity which is what the regular currencies are. Dollar can be changed drastically by any decision FED does and it could have affects all around the world not just USA. Euro has the same issues and they could be in trouble with Brexit as well.

It shows people how much bitcoin can improve their lives comparing to these old money systems that could be effected by the actions of couple people. Thats why bitcoin with its decentralized system can give people the economic freedom they always wanted, all you have to do is posses as much bitcoin as you can afford for now and have the audacity to go against the banks and instead of putting all your money into a bank and making them rich be your own bank and save them up for later in your times of need.

[St4yInTh3D4rk]

Economic freedom means when you want to make transaction of your money by your own,which may not denotes the prices.The decentralization means it is not directly controlled by anyone but from the supply and demand theory it can be manipulated so some people are dumping the prices buy decreasing the demand which has nothing to do with the exchanges.

[darewaller]

what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

What you mean by to cryptocurrency controlled by crypto exchange ?
I'm not seeing anything like that. Crypto exchanges are just providing a platform for meeting buyer and seller other than that they are not having any control over the cryptocurrencies.

No one could control a decentralized cryptocurrency but it is believed some people are controlling the prices of few cryptocurrencies but there will be no proof on that.

You cannot make easy and quick money with cryptocurrency. You must need all the time and efforts to earn it which is no different from earning fiats.

The actual freedom of cryptocurrency is ensured to by being decentralized. It means there will be no central authority to block or freeze your money. There is no central authority hence no one could make their own decision instantly (unlike most governments are doing). There are set of rules and regulations and it will be followed and changes will be possible after consensus only. Your hard-work will grow over time unlike traditional inflationary fiats. These are very few example of freedom that we could get from cryptocurrencies. For more enlightenment please follow google.

[Xardasim]

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

This is your own choice and noone forces you to use centralized exchange. If you do research, there are reputable decentralized exchanges. On the other hand, the number of decentralized exchanges will increase as it will be needed after acceptance. In fact nobody can guarantee it, we will just live and see. Even the increase of decentralized exchanges may be today, but if today's number is poor, it means that it is not needed.

[Huskarls]

see the future of bitcoin is bright, I think if we start now, with users who are still minimal, then later if a lot of bitcoin is needed by many people, of course the price will soar and we will get a lot of profit from it

Buying now will only make this and open the gate of profit for us. It’s making our economy better day by day I am sure as it’s giving us jobs and more earning resources. Its best way to bring revolutions and to complete that space of unemployment in our society by providing good opportunity to earn for better economical state.

What kind of work do you mean?
whether to be a CEO, team member or advisor from a project?

I guess those who have job titles like the one above on the projects that we often see, don't really work, that's why they held a fundraising project for them. In my opinion, with the presence of crypto, less than 10% of people get jobs, while others might actually lose their jobs

[shield132]

Bitcoin isn't a miracle coin to solve economic problems, poverty problems and so on. Guys, this coin can't handle much demand, it wasn't intended for massive use and now you speak unreal. We have to keep low fees, highest price and decentralyzed mining at the same time + fast transactions, can't be achieved. Not bitcoin but possibly other cryptocurrency can be created for that but we still can't achieve that global freedom at the point you mean because there are governments which love to regulate everything, one law and what will you do? Nothing, almost everyone will accept it and life will continue that way.
Banks with their terms and governments are big enemies of economic freedom, also when someone owns 1 billion and other don't has money to buy food, is this economic freedom? For me in economic freedom such situations have to be rejected too, no coin no magic will solve that if not us but we aren't united for our ideas.

[Tukang Becak]

The presence of bitcoin is certainly a unique thing, all users have full control to pay without dependency like the bank, this is what everyone dreams of so that bitcoin is freedom.

[Bitfling]

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

I dont think cryptocurrency controlled by crypto exchange or related with it. I am believe the meaning of freedom on economy is free to make transaction without using third party like banks because bitcoin is peer to peer transaction currency.

[PlusOne88]

Economic Freedom is quite broad to really point its view to just a few points that bitcoin really takes advantage of. In the world today where business is the main concept why people still keep on living in this economic world, it would be so difficult to say that we are really having this economic freedom. As you have pointed out you might just have focused on the idea of a decentralized system where the government has no hold of the transactions we make but honestly there are still so many things where the government really had the control over us, and the decentralized system does not yet solve totaly the economic freedom we need.

[sirminesalot]

maybe what you say is true, but the legality of the government is a guideline in the economic development in front of it

[hahay]

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc. but what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?

Not sure, too, if bitcoin would become a commodity in the world economy, I am sure that bitcoin will become a centralized technology. The government will not remain silent if bitcoin becomes an economic freedom that continues to increase, because they will definitely regulate it and will include taxes for the state in each transaction. Yes we can see every cryptocurrecny that you say can be controlled by an exchange and that is a small example, if it is already big then the government will interfere too.

[qiman]

I am no longer as confident as I used to be, that Bitcoin will make many people rich anymore. I lost almost all my capital in 2018 and hardly have anything left so now I try to only think of a way and means to survive right at this moment. I think the lucky few who got in early and those who managed to sell off a lot in the highs of 2017 are the ones that made it big. Now mainly it is the Bitfiniex shorters using leverage and those big lucky whales that make constant money on their money that are independent financially. The rest of us are trying to collect some crumbs so to speak at this moment in time.