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Author Topic: My dream for bitcoin  (Read 1544 times)
akirasendo17 (OP)
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December 05, 2019, 02:23:44 PM
Merited by qiwoman2 (1), Maotezi (1)
 #1

We all have dreams for bitcoin that someday we will be able to use this coin freely and no other things to think since its already accepted by the society, and the government already stop holding bitcoins neck and allow it to be use without any policy or regulations, here is my dream this is how it will be organize
1 . BTC will be the primary money all over the world all the currency will be just secondary
2. All the world currency will be exchange to bitcoin slowly until its all illiminated
3. Altcoins will be use for very country and bitcoin as its Superior
In this form bitcoin will be the global currency, no one will control it no regulations, but will penalized who wouluse it in bad intenstions
rules will only apply to it not bitcoin totally,
I have an image here this is what I submit in 10th aniversary but this will illustrate how bitcoin will dominate
the world with the man with the mask of bitcoin who represents the people, and bitcoin over in the center of the world



This image is only my representation and a goal for bitcoin in the near future
feel free to give your opinion

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December 05, 2019, 02:34:12 PM
 #2

Sorry to burst your bubble(hehe), but it's really pretty much impossible for bitcoin to have no government regulations. Heck, I can almost guarantee it that more countries are going to ban bitcoin(probably temporarily) once they feel threatened enough by bitcoin. Probably a better and more realistic sort of "dream" would be for the governments to declare bitcoin as legal tender, and to implement sort of "fair" tax laws concerning bitcoin and cryptocurrencies. Yea taxes suck, but let's be real here. They're going to make money off the taxes as much as they can.

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December 05, 2019, 02:37:54 PM
 #3

I have dreams of bitcoin as well but I think it will be hard to fulfill because there is a lot to change in the world before we see bitcoin replacing fiat currency. Just like having your own internet connection, your own mobile phone, your own personal computer, we all know that others cannot afford it. And before that happens everyone should be supportive of this change so we can easily see that bitcoin will replace fiat currency.
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December 05, 2019, 03:48:12 PM
 #4

Would be great to randomly get a few k's of Bitcoin on my address, Santa, get on it asap!

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December 05, 2019, 03:50:51 PM
 #5

Sorry to burst your bubble(hehe), but it's really pretty much impossible for bitcoin to have no government regulations. Heck, I can almost guarantee it that more countries are going to ban bitcoin(probably temporarily) once they feel threatened enough by bitcoin. Probably a better and more realistic sort of "dream" would be for the governments to declare bitcoin as legal tender, and to implement sort of "fair" tax laws concerning bitcoin and cryptocurrencies. Yea taxes suck, but let's be real here. They're going to make money off the taxes as much as they can.

That's why all this decentralization and talks about Bitcoin changes anything are laughable, people have to stop paying taxes all together, then talk about decentralization!

But smart people don't pay taxes anyways, hi there Tim Cuck!

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December 05, 2019, 03:55:03 PM
 #6

That's why all this decentralization and talks about Bitcoin changes anything are laughable, people have to stop paying taxes all together, then talk about decentralization!
I mean, bitcoin can be decentralized even with people paying their taxes. It's really not even connected in whatever way. Bitcoin is a currency for everyone, not only for specifically people that are sort of "anti-government" or anarchistic.

But smart people don't pay taxes anyways, hi there Tim Cuck!
No comment about this statement lol. You can look and feel smart for not paying taxes, well, until the IRS comes knocking on your door.

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December 05, 2019, 04:32:47 PM
Merited by mk4 (1)
 #7

That's why all this decentralization and talks about Bitcoin changes anything are laughable, people have to stop paying taxes all together, then talk about decentralization!
I mean, bitcoin can be decentralized even with people paying their taxes. It's really not even connected in whatever way. Bitcoin is a currency for everyone, not only for specifically people that are sort of "anti-government" or anarchistic.

But smart people don't pay taxes anyways, hi there Tim Cuck!
No comment about this statement lol. You can look and feel smart for not paying taxes, well, until the IRS comes knocking on your door.

Indeed they may audit you, but you can easily hide funds as well in undeclared wallets. Merchants could do that too. I see taxation as an uphill battle for governments. Perhaps VAT is doable, but income tax is pretty much voluntary.

You can have two wallets, one declared, one hidden. Use the hidden one for your "foreign" activities, maybe freelancing, trading etc. That's the wallet where you make most of your money, the State unable to trace it back to you. From that wallet you can send small amount to your declared wallet, and pay little tax on that. You use the declared wallet to pay bills, buy food, etc.

The other thing that might work is luxury items tax. Ie. for owning large properties or expensive cars. Since those physical objects they can easily get access to, as long as those are within national borders.

But in the end all i see is a reduction on tax income, because the State does LOSE control, which is the point of Bitcoin and the very reason it came from a cyber anarchist circle in the first place.

Perhaps the solution to a Bitcoin based reality would be along the lines of more privatization and less taxation. Since the State can't reliably tax things anymore, better get rid of it entirely. Of course, people would then need to pay for security, roads, etc directly. It might even be more fair, if you own a car you pay a tax voluntarily, kinda like owning a tv in the UK means you pay a tax for it (So we foreigners could enjoy Monty Python and Doctor Who for free Smiley)

(TL;DR) In short a form of anarcho-capitalism.

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December 05, 2019, 04:54:06 PM
 #8

That's why all this decentralization and talks about Bitcoin changes anything are laughable, people have to stop paying taxes all together, then talk about decentralization!
I mean, bitcoin can be decentralized even with people paying their taxes. It's really not even connected in whatever way. Bitcoin is a currency for everyone, not only for specifically people that are sort of "anti-government" or anarchistic.

But smart people don't pay taxes anyways, hi there Tim Cuck!
No comment about this statement lol. You can look and feel smart for not paying taxes, well, until the IRS comes knocking on your door.

Your IRS doesn't apply to me, don't assume that everyone is American here, lol!

Now go and give some more money to Uncle Sam, he needs it to bestow Democracy with killer drones!

Tim Cuck and Jeffy Bezonos do not pay taxes as well as Google doesn't, ahahahahah!

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December 05, 2019, 04:55:06 PM
 #9

1 . BTC will be the primary money all over the world all the currency will be just secondary
2. All the world currency will be exchange to bitcoin slowly until its all illiminated
3. Altcoins will be use for very country and bitcoin as its Superior
^ I dunno until when we are dreaming about bitcoin going to the main mainstream, we are already approaching ten years celebrating of Bitcoin but so far there is a lot happening just like make bitcoin in bad image. Scamming, Fraudulent, and Money laundering most likely some cases happened. So, the future will be like these. Bitcoin will turn to zero value or bitcoin will lead in all local currencies and it will be used in all aspects as the main currency, just something like that. Nevertheless, in my mind, since bitcoin is decentralized this is impossible to collaborate with the government and accept it as the main currency. Probably, there will be regulations happen on the individual holders in bitcoin and forced to pay taxes.
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December 05, 2019, 05:05:14 PM
 #10

We all have dreams for bitcoin that someday we will be able to use this coin freely and no other things to think since its already accepted by the society, and the government already stop holding bitcoins neck and allow it to be use without any policy or regulations, here is my dream this is how it will be organize
1 . BTC will be the primary money all over the world all the currency will be just secondary
2. All the world currency will be exchange to bitcoin slowly until its all illiminated
3. Altcoins will be use for very country and bitcoin as its Superior
In this form bitcoin will be the global currency, no one will control it no regulations, but will penalized who wouluse it in bad intenstions
rules will only apply to it not bitcoin totally,
I have an image here this is what I submit in 10th aniversary but this will illustrate how bitcoin will dominate
the world with the man with the mask of bitcoin who represents the people, and bitcoin over in the center of the world



This image is only my representation and a goal for bitcoin in the near future
feel free to give your opinion
Impossible if you want bitcoin without rules and can be legal in all countries.
Each country has concerns about cryptocurrency including bitcoin because it is anonymous, so they need to make rules so that bitcoin is not misused.
No one can guarantee if bitcoin will be used for crime, especially if without rules.

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December 05, 2019, 05:09:45 PM
 #11

Your IRS doesn't apply to me, don't assume that everyone is American here, lol!

Now go and give some more money to Uncle Sam, he needs it to bestow Democracy with killer drones!

Tim Cuck and Jeffy Bezonos do not pay taxes as well as Google doesn't, ahahahahah!

Well I ain't American either, but every country pretty much has their own version of the IRS(unless your country doesn't require taxes). Tongue

There's a difference between normal people like us and huge businesses like Amazon though. And wait, Apple and Google does pay their taxes. It's Amazon that currently doesn't.

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December 05, 2019, 05:16:44 PM
 #12

Your dream might just be a pipe dream and nothing more. Most people think Bitcoin can become the "One World Currency" and that is simply too

ambitious. Governments will never allow that and to make things worst, when Bitcoin shows potential to "disrupt" local reserve currencies, governments

will simply ban or outlaw it. They will criminalize the use and ownership of Bitcoin and they will enforce that with their power and their guns. Most of the

governments are tolerating Bitcoin now, because they cannot stop it, but they will slowly but surely close down all the on ramp and off ramp options

for the conversion of Fiat to BTC and visa versa.  Angry

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December 05, 2019, 05:21:22 PM
 #13

I appreciate your creativity but we need to understand once and for all any crypto currency let it be bitcoin or altcoin cannot be used like fiat and it will be better if we could accept the reality and start focusing on possible things. Crypto can be alternative but not primary money like fiat.

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December 05, 2019, 05:25:14 PM
 #14

Your IRS doesn't apply to me, don't assume that everyone is American here, lol!

Now go and give some more money to Uncle Sam, he needs it to bestow Democracy with killer drones!

Tim Cuck and Jeffy Bezonos do not pay taxes as well as Google doesn't, ahahahahah!

Well I ain't American either, but every country pretty much has their own version of the IRS(unless your country doesn't require taxes). Tongue

There's a difference between normal people like us and huge businesses like Amazon though. And wait, Apple and Google does pay their taxes. It's Amazon that currently doesn't.

Ok, no probs!

The IRS is the most disgusting one that's why people renounce the U.S. citizenship!

Yeah, but they pay very little to nothing!

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December 05, 2019, 06:58:56 PM
 #15

I appreciate your creativity but we need to understand once and for all any crypto currency let it be bitcoin or altcoin cannot be used like fiat and it will be better if we could accept the reality and start focusing on possible things. Crypto can be alternative but not primary money like fiat.

You are right, we should always be realistic with cryptocurrencies, we cannot be greasy with cryptocurrencies, we can hope for the best, but it will not always happen for us.
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December 05, 2019, 07:46:11 PM
 #16

Sorry to burst your bubble(hehe), but it's really pretty much impossible for bitcoin to have no government regulations. Heck, I can almost guarantee it that more countries are going to ban bitcoin(probably temporarily) once they feel threatened enough by bitcoin. Probably a better and more realistic sort of "dream" would be for the governments to declare bitcoin as legal tender, and to implement sort of "fair" tax laws concerning bitcoin and cryptocurrencies. Yea taxes suck, but let's be real here. They're going to make money off the taxes as much as they can.
Legal tender is probably the best solution since this would mean that Bitcoin is just like other kinds of money, and it does not get heavily additionally taxed. As for the ban, I don't think it's likely. A lot of countries have pretty strong democracies, such a ban could lead to protests and anti-governmental feelings along with the growing popularity of Bitcoin would be too bad for such countries. Countries like North Korea can ban Bitcoin, but countries like the US or France cannot do that, because it is too risky for them.
1 . BTC will be the primary money all over the world all the currency will be just secondary
2. All the world currency will be exchange to bitcoin slowly until its all illiminated
3. Altcoins will be use for very country and bitcoin as its Superior
Unfortunately, Bitcoin is currently unable to be #1, the scalability issue is very serious...

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December 05, 2019, 09:24:01 PM
 #17

I think making bitcoin as a only world currency is impossible but i think making it a currency that work all over the world could easily work.
Bitcoin cannot replace fiat money in my opinion because fiat money was regulated by the government thats why it has a certain value all over the world, in the situation of bitcoin it was really a hard time since it has a very high market value in the market and the government will not going to use this currency that has a anonymous transaction in the internet.

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December 05, 2019, 10:15:28 PM
 #18

I also dream that we can freely use bitcoin without hesitations and other speculations from the government. I just hope that they must not think bitcoin as a threat but rather a solution to a fast-changing world. We all know how hard it is also to convert our currencies to use bitcoin than our local currencies. However, we shall be open to it and maybe have freedom to use both local and crypto to be fair for everybody.

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December 05, 2019, 10:28:30 PM
 #19

~
In this form bitcoin will be the global currency, no one will control it no regulations, but will penalized who wouluse it in bad intenstions
rules will only apply to it not bitcoin totally,
~
Not that easy, a sovereign government must take preventative measures so that economic independence is maintained as a form of an independent state. Even if a country is open to cryptocurrency and recognizes bitcoin as a legitimate tool, surely those countries have their own cryptocurrency that they use and can control.

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December 05, 2019, 10:51:34 PM
 #20

Truly a dream and we'll find it difficult to see your dream into reality. Bitcoin, being the major currency of all won't be allowed by a country unless that country and its government will fully dedicate themselves to it. We are seeing countries that are very supported and welcoming to cryptocurrencies but thinking of that thing is very hard to achieve. Well, yeah who knows what will happen in the future? we don't know and the chance is very slim but no one foresees it.

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