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Author Topic: The Idea of Bitcoin As A Religion  (Read 507 times)
DapanasFruit (OP)
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August 02, 2021, 03:22:20 AM
 #1



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“They always say in times of tragedy and trauma, people turn to God. That is sort of what happened with me. It’s tough to describe the experience, but basically, the best way I can describe it is I went to Bitcoin.”


Taken from here.

Well, have you thought about this idea that Bitcoin can be like a religion too? With some level of fanaticism, there can be people who are considering the Bitcoin community like a cultish one but then again all form of organization in varying degree has this energy and can even be used as a bonding agent. Now, in my opinion, while this idea can be a big welcome to some, this can also turned off those people who are not inclined to take up religious matters into their lives.

What's your opinion on this matter?

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August 02, 2021, 03:30:18 AM
Merited by ABCbits (1)
 #2

The Bitcoin as a religion thing is pretty cringe imo. Should believing in something lead to it being a religion? If I personally believe that $AMZN would outperform the S&P500, should Amazon be a religion too?

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August 02, 2021, 03:46:33 AM
 #3

Belief in Bitcoin is freedom of belief. People who believe in freedom will be attracted to Bitcoin. Now the cryptocurrency based on modern information technology is only derived from a belief. I think money itself is a belief, and Bitcoin is a kind of belief. This kind of value measured by money, in essence, he cannot be separated from the concept of money.
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August 02, 2021, 04:20:30 AM
Merited by NotATether (2), BlackHatCoiner (1)
 #4

Is stupid. Up to mk4's opinion. Belief shouldn't always equate to it being a religion, since in a sense, religion is something "unexplainable, superhuman" etc., which is to be perfectly honest, used by people to explain the unexplainable. Bitcoin is on the opposite spectrum of that I must say.

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August 02, 2021, 04:41:23 AM
 #5

It seems like some people try to make the most outrageous claims and turn them into articles just for clicks. Cointelegraph is one of the oldest examples of a true shitpost that has been publishing click-baits for years.

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August 02, 2021, 04:45:40 AM
 #6

As much as I love Bitcoin man,,, I do not think anyone should turn to BTC as a savior, especially not when they feel like they got nothing else to turn to. Imagine all those people yesterday who thought this was going to be the break out and today they are dealing with prices below 40k again. Immediate 5% loss? BTC is always going to do well in longterm but as a "god" it cannot be relied on:)

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August 02, 2021, 05:39:53 AM
 #7

Bitcoin is a digital currency and nothing more; it has a lot of distinct qualities that makes it stand out, such as decentralization, immutability, borderless, etc, these are what attracts holder to the network, it also has it's drawbacks and limitations which are what the Bitcoin improvement proposals seeks to solve.

Viewing it as a currency that it is helps to keep one grounded and allows them to make neutral decisions, any other ideology is counter productive; Bitcoin cannot save economies and countries, it cannot bridge the wealth gap either and there's the element of risk for investors, so one has to be cautious when buying in.

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August 02, 2021, 06:00:18 AM
 #8

Viewing Bitcoin as some sort of religion is simply greediness.
Bitcoin is money and money cannot be worshiped as a God,even though there are people who worship Mammon(money,greed)instead of the real God,but with their actions and thoughts,not by what they say.
I'm more like an agnostic,so I don't know whether or not God exists,but I have always been skeptical towards religious cults.
Anyway,like other forum members have said,if you believe that the Bitcoin price will reach 100K USD in 2022 that doesn't mean that you believe in BTC as some kind of religious cult.

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August 02, 2021, 06:05:59 AM
Merited by Lucius (1), BlackHatCoiner (1), Jazmin Leslie (1)
 #9

Bitcoin is a decentralized, peer-to-peer electronic cash payment system. We support Bitcoin. There is no doubt about this.

Some people say that Bitcoin is a product of civilization in the new era. I also accept it.
 
But religion is an ideology. We believe in Bitcoin, not because Satoshi Nakamoto is a god, but Bitcoin is a practice of truth. Bitcoin is based on the crystallization of many scientific disciplines such as cryptography, mathematics, and economics, rather than the will of God.

Bitcoin's non-tampering, non-repudiation and irrevocability provide an excellent tool for credit.

At the same time, this kind of non-repudiation, non-tampering, and irrevocability is unprivileged, equal, and does not require third-party credit or guardianship. The Bitcoin consensus is more like a consensus on economic mechanism innovation. Natural consensus.

Bitcoin will follow the mechanism for selecting the superior and eliminating the inferior.

Religion is a theological concept. There are some abstractions. When people are in trouble and helpless, they will think of God.

Most of the guidance that religion gives me is to live with kindness and not to do bad things, and to learn to live in harmony with the natural world, not Some concrete practices and truths.
 
Religion is often the guide of the ideological realm.


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August 02, 2021, 06:06:24 AM
 #10

I agree with the majority of opinions. Religion is based on faith and faith has long since been in conflict with rationality. Only very few people will believe in Bitcoin as a religion, people who tend to have faith in things instead of investigating them rationally.

I believe that most of us who are involved with Bitcoin in one way or another do so because we understand its nature, the impact it can have on society and its future. It has little faith and a lot of rational thinking.


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August 02, 2021, 06:15:25 AM
 #11

It doesn't make much sense to talk about this now. Tell me what Bitcoin can do, what else can it do, and what problems can it solve in the end? What will it bring to mankind? Discuss more practical issues.
Say religion is inappropriate.

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August 02, 2021, 06:25:54 AM
 #12

Why would someone even think about Bitcoin in the lines of Religion. Religion is more like a process of brainwash right from the time someone was born into believing something they have no idea if it even exists.

With Bitcoin, you are not obliged to believe if it works or not. It's a matter of choice.... and it's real, you can use it for your day-to-day transactions. It's not like a 2,000-year-old story you have to blindly follow, praise, worship and believe.

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August 02, 2021, 06:26:25 AM
 #13

there is no connection between religion and bitcoin, religion is a belief that we must believe in faith, even though there are people who want to buy our faith at any price, we will never exchange it, religion is our business with god, bitcoin is a business for profit, if there are people who want to buy our bitcoins at a high price, of course we will release them, because we want to make a profit..
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August 02, 2021, 07:38:21 AM
 #14

Bitcoin and religion are completely different phenomena of our reality. Comparing financial relations with religion is, in any case, stupid. Religion belongs to the spiritual world, and bitcoin, although invisible, is still quite material. Besides, he has nothing to do with religion. Belief in bitcoin is, in fact, belief in its price growth. This has nothing to do with God, this is finance and this is the desire to get rich. Even if it can be called a desire to gain financial independence from third parties, this is just a technology that also has nothing to do with religion.

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August 02, 2021, 07:56:29 AM
 #15



Quote

“They always say in times of tragedy and trauma, people turn to God. That is sort of what happened with me. It’s tough to describe the experience, but basically, the best way I can describe it is I went to Bitcoin.”


Taken from here.

Well, have you thought about this idea that Bitcoin can be like a religion too? With some level of fanaticism, there can be people who are considering the Bitcoin community like a cultish one but then again all form of organization in varying degree has this energy and can even be used as a bonding agent. Now, in my opinion, while this idea can be a big welcome to some, this can also turned off those people who are not inclined to take up religious matters into their lives.

What's your opinion on this matter?
This doesn't make any sense to me and most that have already posted here have mentioned similarly. Just because people like Designer clothes and can afford to buy them does not mean that should be a religion to them and this can be related to any other thing. There are a lot of things people like to do and just because the expression is used, "Religiously engaged in them" does not really mean they take it as a religion.


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August 02, 2021, 12:34:23 PM
 #16

Well, have you thought about this idea that Bitcoin can be like a religion too? With some level of fanaticism, there can be people who are considering the Bitcoin community like a cultish one but then again all form of organization in varying degree has this energy and can even be used as a bonding agent. Now, in my opinion, while this idea can be a big welcome to some, this can also turned off those people who are not inclined to take up religious matters into their lives.
Nobody is saying that Bitcoin is a religion, you’re the first person that’s saying that here. If someone doesn’t want to join the Bitcoin community it doesn’t have anything to do with bitcoin as a religion. Though the quote you have posted is right in the sense that there have been people who were able to change their lives with the help of Bitcoin, by investing in it and some of them by trading it. So, that’s it.

It can help you get rich, but for some people it is not the same story, some have ended up losing their money instead, so it’s not something that saves everyone’s ass, if you’re lucky it would work for you. I’d say for sure that it worked out for me, but my knowledge helped me of course.

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August 02, 2021, 12:41:55 PM
 #17

Bitcoin isn't a religion, because it is completely transparent. Everything's clear for anyone to see/read/judge. There aren't Gods nor hierarchs. Everyone has the same rights and nobody can censor it. I believe that there isn't a better way to describe this than this forum's quote:

Quote
Satoshi is no god. He did not come down from the mountain with 10 golden rules engraved in stone for no one to question.

Also, cointelegraph sucks.

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August 02, 2021, 01:06:43 PM
 #18

Well, have you thought about this idea that Bitcoin can be like a religion too? With some level of fanaticism, there can be people who are considering the Bitcoin community like a cultish one but then again all form of organization in varying degree has this energy and can even be used as a bonding agent. Now, in my opinion, while this idea can be a big welcome to some, this can also turned off those people who are not inclined to take up religious matters into their lives.

What's your opinion on this matter?

No and it never crossed my mind that people could happen to worship money as their basis of their religion.

What makes BTC so valuable is its high price on the market and its volatility. Due to its nature, people have associated it in making it the perfect investment either for short-term (high volatility) and long-term. Now if people, for some reason, worshipped BTC due to its potential, then it is almost the same as worshipping money- which is temporary in nature.

Imagine Satoshi's reaction if he were to read this. The purpose of this invention was to remove any third-party intermediaries and to see that it has evolved now to becoming a religion, that would definitely drive his mind crazy.

R


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August 02, 2021, 01:08:08 PM
 #19

I think the essence is different. people being fanatical about bitcoin does not mean bitcoin becomes their religion, but because bitcoin provides real benefits, so maybe whatever people say they will not pay attention to, in religion it prioritizes spiritual needs, this is different from bitcoin which only prioritizes business. on the other hand bitcoin can be manipulated by someone, but will this apply to religion, where its teachings are absolute and inviolable

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August 02, 2021, 01:13:16 PM
 #20

Everyone have got their opinion about bitcoin. Some believe it as an investment, some believe it as a transaction source and some believe it as a payment source and in multiple ways. This way difference of opinion is found over bitcoin. When it comes to religion it is the same. People have difference of belief. This way there is some sort of closeness with the way a religion is seen as well as the bitcoin. For this Bitcoin as a religion is something unwanted.

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