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

[joromz1226]

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) ?

Because of the blockchain technology it can really give a big help and benefits to any country that's what I know about it. why?
It is because of the transparency it can give once this technology will apply to every nation. And we all knew that Bitcoin without blockchain for sure it can't be create. But that's not what happen, due to the unique feature that bitcoin has its the main reason why the community used it so much.

[DooMAD]

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.

Start again and read the whitepaper.  There's nothing in there about Bitcoin being a means to accumulate more fiat.  Some would say you're missing the point.

You gain economic freedom from using Bitcoin, not by exchanging it for fiat in a futile attempt to get rich.  If you're not confident, it's probably because you're doing it wrong.

[3core]

That's the main goal of bitcoin, it is not regulated by government and doesn't function according to government policies, isn't that a a degree of freedom ?

[Kakmakr]

Economic freedom is the freedom to trade with anyone globally, without having your Bank account being frozen or your PayPal account being blocked. It is the freedom to transfer "wealth" to anyone in the world, no matter what capital controls are being put into place to restrict you.

Bitcoin gives you the freedom to do all that and no exchange has to be used, if you know how to game the system. People do not see this freedom, because most of them have not had their Bank accounts frozen or their PayPal account blocked.   

[DooMAD]

People do not see this freedom, because most of them have not had their Bank accounts frozen or their PayPal account blocked.   

Not yet, at least.  But given what appears to be a looming escalation in the global financial crisis, along with increasing levels of surveillance and authoritarian governance around the world, some people may well have to learn this lesson the hard way.

[Tagus45]

I consider bitcoin can change the economy for the better because of the benefits that can be generated from bitcoin, bitcoin still tends to grow and have a future, and with that will give good results.

[nebiki]

because everyone, who controls their own finances. if at the bank, then our money is controlled by the bank, but if in bitcoin, we set everything ourselves and we are the owner of the full rights of our money. it is a form of economic freedom.

hence from that bitcoin in the future it might be possible to destroy the bank system, because if we make the bitcoin money we can set ourselves compared to the bank, we cannot regulate because the bank can manage it.

[Renaldi blackspadeteam]

I'm glad to hear this, it's time for this world to be free of inflation that prints money continuously, bitcoin will soon save the world from the inconvenience of banknotes and banks, with bitcoin every country can't make money anymore because the supply of bitcoin is limited, so this can save from inflation and honestly bitcoin can replace banks, because bitcoin is superior, for example when you want to send money abroad, banks need time and money which is expensive while bitcoin is fast shipping and low cost.

[LUCKMCFLY]

It is simple, in a word it can be defined, it is "Different", we are accustomed to having our money under the care of a third party, where large transactions can not be carried out without special permission, otherwise, it is a case of investigation. It is incorruptible, the security that is acquired through blockchain and its SHA-256 code, is superior to any banking system, and governments can not manage this technology, in this way, financial freedom is acquired.

[babarian]

because bitcoin was created to be a global currency, so if indeed it becomes a reality and bitcoin becomes a global currency that is recognized worldwide and can be made into a global currency then it will make economic freedom in all countries of the world, we can make transactions with other countries without having to exchange currencies like FIAT currency.

[Stac]

 As we go through the previous history of Bitcoin we can get an idea that Bitcoin will be helpful to make economic freedom  all over the global .despite of any discrimination .Bitcoin transaction is done without any third party influence and is made online world wide and no manipulation can be had in Bitcoin transactions and it is an internationally operated electronic currency .Some countries like China.Korea has banned Bitcoin and even India also have accepted Bitcoin to use legally these all make confusion to the mind of the people involved in Bitcoin investments .Since Bitcoin has a fixed limitation and cannot be manipulated some governments fear  and so they cannot accept it legally .

[jrrsparkles]

When the user have freedom of spending their money it can change lot of things from the current fiancila system,firstly we don't need the banks who is transacting our money and by that they were making money out of thin air,if we can eliminate them then we can control the production of money and our currency will retain its value due to no inflation.

[davis196]

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) ?

To be honest,I'm not sure about this.Bitcoin will continue to be controlled by a minority of crypto whales and miners that will continue to dictate the price and make more money out of the naive noobs.
However,economic freedom has little to do with the currency you are using.

[efxtrader]

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) ?

To be honest,I'm not sure about this.Bitcoin will continue to be controlled by a minority of crypto whales and miners that will continue to dictate the price and make more money out of the naive noobs.
However,economic freedom has little to do with the currency you are using.

We can make our own economic freedom by holding bitcoin. If a minority whales control the supply, i am believe the price must be rising and we have a chance to make profits

[Slow death]

lately, I found most articles the Bitcoin can make the economy more freedom and it will replace traditional financial institutions like banks etc.

People are always going to use banks. Cryptos will have to live with the banks

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 do not understand what you mean, the currencies that are in the exchanges are of several owners and they are in the exchange to make trade. So I do not see where the problem is

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

In my country there is a lot of burrocracy, the person can stay more than 3 hours in the bank waiting for withdrawal approval of $ 4000

I am no longer as confident as I used to be, that Bitcoin will make many people rich anymore.

because you bought bitcoin thinking you would be rich quick

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.

Why did you sell with losses?

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.

in 5 years if the price is $ 50,000 you will say the same thing.

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.

Are you acting like someone who is envious of other people

[befriendmywater]

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) ?

freedom in the electronic money market and it is still not possible to be free all over the world. It still has many legal barriers as well as the way of blockchain technology. In order to be more free and efficient, Blockchain needs to be greatly improved to be able to serve publicly all over the world.
This will happen soon, the future of crypto is great when it is being noticed and appreciated by many large businesses.

[BitcoinTurk]

Bitcoin will provide economic freedom because it has several objectives that are opposed to the current system. To sort them in order;

- The wallet address allows you to process anonymously unless it is shared anywhere. In this way no one can question the source of the money and does not know where it came from. Of course, the two addresses used must also be anonymous.
- The number of supply is limited, so it cannot be controlled by an intermediary institution.
- Provides the support of equal economic rights among all individuals and never deviates from this goal.
- Unable to play unless certain conditions are met.

[el kaka22]

Because, bitcoin was meant to be the globalization of money, we have dollar that is american money, we have euro that is European countries money, pound for UK and many others, bitcoin would have been the common money for everyone in the world, that is a huge step forward for everyone because sending or receiving money from anywhere in the world was a hassle before bitcoin was created, you would have to spend so much money and effort to send people money, now you can send just couple bucks with couple clicks and you send money to someone on the other side of the world.

That would allow people to have a more global approach to money which would allow them to be in the same playing field as the rich people who never had trouble transferring money anywhere they want because it was above a million dollars and banks do no give troubles to people with millions.

If you have millions of dollars in your bank account bank gives you incentives to use their banks, if you have under 20 dollars in your bank account ATM's tell you to see a teller, that is what bitcoin stops, it gives you the same rights as whales.

[sarfield]

Bitcoin has provided freedom to manage, and this depends on the holder. The freedom given by bitcoin is quite good, but sometimes it loses to the pope, if you want to be absolutely free, then become a pope so you can play a role in the market. Banks remain a priority when we need fiat from fiat exchanges.

[DeadCoin]

Since, each currency differ in value, the outsourcing cost differs. If dollar has a high value then other fiats, certainly other countries have to spent more for any business tied up with US. But, US will keep their economic standard on high where as other countries will have to be depending on US. But whereas if bitcoin is going to be a common currency, every country is going to experience economic freedom as the value of bitcoin will remain the same to everyone.