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Author Topic: The real reason I got into bitcoin  (Read 759 times)
EternalAwareness (OP)
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May 26, 2021, 06:26:01 PM
 #21

The idea that you propose to tie currency generation to every beating heart sounds like the branding of cattle with far less anonymity. It would lead to larger disparities by preventing the novel to excel.

No, the covid vaccine is to brand everyone like cattle and barcode them with a serial key. Then when people travel or shop or go to outdoor events they ask you for your covid pass and track everywhere you go.

What stops anyone from recording your heartbeat when you walk into a bank? or down the street? or through a check point? or outside your house?

The fact is you can`t turn off your heartbeat metric and anyone can use the metrics for bad. Your heartbeat will be scanned by AI drones in a few years weather you like it or not, We might as use the metric for good.

You can still remain anon when spending your coins, Just because you have one accumulation address, does not mean you can`t have multiple spending addresses and mix your coins with others.

But to be honest with you, there is no anonymity in timelessness, so to be worried about that is quite shallow. Everyone is going to see everything anyways. There is a blockchain of time recording your thoughts and actions for all to see. It is your true permanent record and testament. See right now I have two assaults on a officer on my "permanent" record, but the real permanent record of time shows me being assaulted by many officers for no reason. That is the one that matters.
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May 26, 2021, 08:31:04 PM
 #22

Now I was a die hard bitcoin fan, still am a little, but the more I thought about the end game of bitcoin the less I became a fan. Like eventually bitcoin will be 100% premine to kids born in 2142, why don`t they get a chance to mine rewards? how is that fair to them?
Bitcoin isn't fair, who said it's fair? Bitcoin is not at all anarchist, but strictly hierarchical. The system is structured in a way to be more beneficial for the first miners, in terms of bitcoins. A correction: Assuming that Bitcoin will last 'til then, there will never by any premined coins. The fact that they entered Bitcoin when it rewarded 0 BTC per block doesn't mean that there was a premining before.

Quick definition of premining: It's the creation of a quantity of blockchain-based tokens or "coins" before a cryptocurrency is launched to the public. [source]

BTC is 100% NSA, it was first white-paper by IMF, and endorsed since 1997 by BIS, BITCOIN is a bastard child of the biggest central banker on earth.
FUD and conspiracy theories, repeatedly...

.
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May 26, 2021, 11:56:15 PM
 #23

the OP is ludacryss, he only register(in April) to start two similar topics fuding and ranting against btc, did you loose your tin foil hat?

No proof of anything just the old bla bla bla.
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May 27, 2021, 12:14:00 AM
 #24

A temporary equal distribution of money can only be achieved through a big reset and I believe no man has (or should have) power to make that happen. Anyway, even if an event like that happened, it wouldn't solve any financial equality issue, because people aren't equal and the differences would still exist as there are people who work more, save money, are smarter or more ambitious than others.
Some people will always have more money than everyone else, because doesn't matter how a society works, these people will always find a gap to accomplish their financial goals in a moral or immoral way. And bitcoin can't change this natural modus operandi of the human society.

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May 27, 2021, 01:54:24 AM
 #25

To be honest I have nothing against the central bankers. Im not a religious person neither, but this is something like the famous quote of Jesus and the Caesar coin.

If you have a coin made by they in your pocket, you already accepted his system.
If youre not agreed with the economic system, give away all the money you have that bankers printed and stop using it.

Its very easy when you take that level of responsibility.

Regards
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June 15, 2021, 06:56:37 AM
 #26

A subjective reasoning is acceptable for pursuing bitcoin/cryptocurrency. Although it is just like typical money, opportunities and other possible sources of services, goods, and income is widely and easily found with a few clicks on the internet. Finding a job nowadays, especially in these times of pandemic, is surely very challenging and investing your money comes a lot of risks as many scams and modus today are spread throughout the Internet. Spreading the word about bitcoin and teaching others the correct ways is enough. Smiley

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June 15, 2021, 03:10:40 PM
 #27

Well, we probably do have our own certain reasons why we got into Bitcoin and most cases of people who are into it are because of its value primarily to gain profit and make use of Bitcoin as an asset that will be used for trading and investment. The price value of Bitcoin is actually the one that attracts me to get into it way back years ago upon my friends introducing it to me and since I am kinda broke and looking for some good deal to work with, this have got my interest and treat Bitcoin as primary to be asset more than currency since it is not yet adaptable to be freely use as a currency here in my place.

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June 15, 2021, 04:23:24 PM
 #28

everyone must have their own goals to enter bitcoin, my goal to enter bitcoin is, because bitcoin gives me financial freedom, of course the main goal is to increase income, and can help family finances,
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June 16, 2021, 12:02:17 AM
 #29

In my case, my real reason was because I saw the best alternative in terms of how much I could achieve Financial Freedom, also out of necessity, the most I have bought in BTC was 0.01BTC and it was in 2017, the truth is that I have never felt the power of having 1BTC, but someday if I think to enter that so exclusive club of the hodlers.
And it was all because of my first child, at one point I was left without a job, since in my country traditional work went to the ground because FIAT money is not worth much, and I always worked making appraisals to companies, and looking for money from companies through credits so that they could be capitalized.

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June 16, 2021, 12:36:45 AM
 #30

Well, once you sign up for bitcoin even if you are here for the monetary gains, you are already anti-bank because you are using bitcoin already, you don't have to worry too much about people not being as hardcore as you OP, remember that bitcoin gave us financial freedom.
Lol, it is not that thing, once we are into the bitcoin it doesn't mean that we are already an anti-bank, just remember that we still need a bank, we cant withdraw our money into fiat currency there is no bank at all, I know that you are just being biased because we are in the bitcoin community but just be fair, we still need a lot of things to be changed before we ignore the bank.

The anti-bank story, I have heard it so often just because I am into cryptocurrencies, but as you say that is not the case. If you go abroad you usually need a bank account and fiat money to get along decently. The crypto cards can cause a whole lot of trouble for as long as regulation isn't sufficiently harmonized on a global level. What sucks are the fees that some banks charge if you go abroad and pay for stuff or need an atm.

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June 16, 2021, 04:26:38 AM
 #31

Having a better understanding of how it works, the future prospect of the coin got my attention. However, the time it would be used all over the world as the only means of transaction, could pose challenges to one who knows little about it, hence my joining bitcoin.
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June 16, 2021, 05:35:16 AM
 #32

everyone must have their own goals to enter bitcoin, my goal to enter bitcoin is, because bitcoin gives me financial freedom, of course the main goal is to increase income, and can help family finances,
Yes, we have our own reason involving bitcoin. Many of us come to bitcoin because, coincidentally, and we don't even know that bitcoin can be our way to make money. But after we know that bitcoin can be the way to make money and investment, we realize how important bitcoin to our life, and that makes us want to have more bitcoin.

And now, with the bitcoin price reaching $$39k-$40k, that will make people have a dream to have many bitcoins and hold it because they believe that bitcoin will increase so high in the future.

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June 18, 2021, 10:54:56 PM
 #33

everyone must have their own goals to enter bitcoin, my goal to enter bitcoin is, because bitcoin gives me financial freedom, of course the main goal is to increase income, and can help family finances,
Yes, we have our own reason involving bitcoin. Many of us come to bitcoin because, coincidentally, and we don't even know that bitcoin can be our way to make money. But after we know that bitcoin can be the way to make money and investment, we realize how important bitcoin to our life, and that makes us want to have more bitcoin.

And now, with the bitcoin price reaching $$39k-$40k, that will make people have a dream to have many bitcoins and hold it because they believe that bitcoin will increase so high in the future.

Bitcoin is also a movement. I like that term a lot better under many circumstances because a good chunk of those involved with cryptocurrencies actually started questioning the system they have been part of for the very first time. They learn about Bitcoin, get some pieces of info here and there, some talk here and there, and then they start to dig themselves. It got people politically interested, made them better understand the credit money system and how it affects society.

I like Bitcoin for many things more other than speculation and making profits of of its price increases.

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June 19, 2021, 12:27:08 PM
 #34

the reason for entering bitcon is the bitcoin exchange rate that goes up and down and is very suitable for us to invest and we have the opportunity to get a maximum profit. so in this case we need to enter the era of digital money in the example of bitcoin. maybe we need to study before enter bitcoin first, we must remain vigilant before entering this digital world
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June 19, 2021, 12:43:22 PM
 #35

Earlier eat meat, later drink soup.
Sorry but can't see the connection to the thread?



maybe best to post appropriate to read.

the reason for entering bitcon is the bitcoin exchange rate that goes up and down and is very suitable for us to invest and we have the opportunity to get a maximum profit. so in this case we need to enter the era of digital money in the example of bitcoin. maybe we need to study before enter bitcoin first, we must remain vigilant before entering this digital world

it is VOLATILITY mate that what we called that , the constant change from the valye and it can even go high in a matter of time and can down lowest in a matter of time also.

Having a better understanding of how it works, the future prospect of the coin got my attention. However, the time it would be used all over the world as the only means of transaction, could pose challenges to one who knows little about it, hence my joining bitcoin.
But we knew that there will be a chance in the future , acceptance is what we all need and some country now are considering adopting this coin.

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June 19, 2021, 03:53:06 PM
 #36

the reason for entering bitcon is the bitcoin exchange rate that goes up and down and is very suitable for us to invest and we have the opportunity to get a maximum profit. so in this case we need to enter the era of digital money in the example of bitcoin. maybe we need to study before enter bitcoin first, we must remain vigilant before entering this digital world
That's right, profit... obviously it's a very crucial thing that anyone in the job they do really wants, and bitcoin trading is no exception.
In fact, the rapid movement of bitcoin, both down and up, is very popular for daily trading, because the price difference from the movement is targeted for profit.
Of course, in addition to long-term investments that always remain profitable.

I really agree with you that before you recognize bitcoin correctly and clearly understand not to be lazy to learn, because without it we will not be able to get maximum results. don't be lazy to keep updating knowledge for it.

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June 19, 2021, 05:21:30 PM
 #37

I do not think that there will be various difficulties regarding the kids not able to mine Bitcoins years afterwards! See everything has a time limit and things change for sure, but we have to understand that if you just take away the "finite supply" then will be the moment that you will be moving towards fiat, as opposed to what you said.

I believe a finite supply will help you implement more positive things, it will undoubtedly create a space for updates which we do need if Bitcoins have to stay in business for this long.  

For me the reason for entering bitcoins was much related to a way to get self employed and to expand my horizons. I was able to learn a lot in just few years, to understand politics, to get up to date with every news out there , to meet some amazing people here on the forum which helped me a lot !! For me it was this whole community. Fiat gains are for the rich and the middle class with savings. Bitcoins is actually very informative and can even be taken as an experiment about " if the governmental and Centralized bodies are much needed for the society as they show them to be" , well I guess not ! We need a system where both Centralized and the decentralized systems stay well together  in a ideally mutualistic society.

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June 19, 2021, 05:30:02 PM
 #38

everyone must have their own goals to enter bitcoin, my goal to enter bitcoin is, because bitcoin gives me financial freedom, of course the main goal is to increase income, and can help family finances,

Everyone had main goal in crypto which to make good profit and increase wealth but it doesn't always work as planned . thats the fact happen in crypto market.
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June 19, 2021, 08:59:28 PM
 #39

it is VOLATILITY mate that what we called that , the constant change from the valye and it can even go high in a matter of time and can down lowest in a matter of time also.

Very true but for some people this is an opportunity for them. no doubt people nowadays are more attracted to bitcoin because its price fluctuates very high. Personally I think it's much better than other big risk investments. because for long term bitcoin is very worth it.
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June 19, 2021, 11:47:19 PM
 #40

~
Personally I think it's much better than other big risk investments. because for long term bitcoin is very worth it.
Usually majority stay away from big risk investments and the reason why you see more investments coming in is because they expect to make a fortune and if they could time their entry point perfectly they could make a huge profit in a short period of time. Till now the cryptocurrency market gave everyone the opportunity to invest at a good price and if you were smart enough to invest during that time you could have made a huge profit by now.
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