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Author Topic: Bitcoin's freedom is Absolute!  (Read 580 times)
rby (OP)
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November 30, 2022, 06:52:19 PM
Merited by Symmetrick (25), Ojima-ojo (8), Welsh (5), CryptocurencyKing (4), Odusko (3), pooya87 (2), Halab (2), Oshosondy (2), imamusma (2), Freeveto (2), davis196 (1), ABCbits (1), DdmrDdmr (1), Pandu Geddon (1)
 #1

Bitcoin was created by Satoshi Nakamoto to make us not to be dependent on third parties such as government and banks to control our money. Satoshi gave us the opportunity to control your coins (money) without the interference of anyone. He also made us know that bitcoin is an alternative currency to fiat. This will mean that there is no limitation with bitcoin. Bitcoin is an absolute freedom.

My point is that people should stop making others feel that they are not enjoying the freedom introduced by Satoshi by not following bitcoin principles strictly. Freedom is freedom and should mean freedom.

  • If I decide to live a private life that no one knows how much I own, that is great and it is called freedom
  • If I decide to do KYC on all the exchanges and gambling sites, that is freedom
  • If I decide to leave my coins on exchanges, that is my choice, and it is called freedom
  • If I decide to share my private key with everyone I know, that is freedom
  • If I decide to use and reuse one particular address for all my transactions, that is freedom

My point is, no one should detect for anyone how to enjoy the freedom. You can only advice or teach, stop seeing people using exchanges or doing kyc as anti bitcoin.

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November 30, 2022, 07:27:36 PM
 #2

Bitcoin was created by Satoshi Nakamoto to make us not to be dependent on third parties such as government and banks to control our money. Satoshi gave us the opportunity to control your coins (money) without the interference of anyone

But it's a pity some people are yet to know how they can be decentralized with bitcoin and instead they got engaged on a centralized exchanges to acquire their bitcoin and have it stored with them, bitcoin is meant to be decentralized by all means it's involved.

He also made us know that bitcoin is an alternative currency to fiat.

There's no doubt about this because bitcoin has rendered us many opportunities fist couldn't have given over the years that's why we have a large number of people on the look for the word bitcoin on the internet to know and engage their financial freedom through it

 



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November 30, 2022, 08:41:44 PM
 #3

Good way explained about the meaning for freedom connecting with all the ways people miss out freedom using cryptocurrencies. Even now people are with a state of mind, using centralized services is good for some reasons. Particularly getting help, if something wrong have happened with our transaction. Some were not in a situation to understand that having the key gives us the complete control over the wallet. This will change and to experience the change it takes time and even now we're at the earliest days of cryptocurrency usage around the world.
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November 30, 2022, 08:56:10 PM
 #4

Even though we want to enjoy total freedom and all the advantages that come with freedom, we should not forget that freedom is not free and it comes with a cost.
How we handle our independence/freedom matters in the outcome of our life, just like the points you mentioned are all aspects of freedom but the freedom Satoshi was aiming at is freedom from control and access to our money from third parties and privacy cautiousness.
Giving up our identity and privacy is not part of that freedom and am sure you were just being sarcastic when you mentioned, giving out private keys as part of freedom.

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November 30, 2022, 09:04:49 PM
 #5

Even though we want to enjoy total freedom and all the advantages that come with freedom, we should not forget that freedom is not free and it comes with a cost.
How we handle our independence/freedom matters in the outcome of our life, just like the points you mentioned are all aspects of freedom but the freedom Satoshi was aiming at is freedom from control and access to our money from third parties and privacy cautiousness.

I agree every right and freedom has equal responsibility and obligation and Satoshi created Bitcoin for p2p electronic transfer that does not need third party.

Giving up our identity and privacy is not part of that freedom and am sure you were just being sarcastic when you mentioned, giving out private keys as part of freedom.

Op is saying a person has the freedom to choose which option he will take.  Whether he will submit his KYC or not is up to him.  Besides these institutions can never force us to submit our information if we are not using their service or has no hostage huge fund in their platform.  Still, the entrusting of the fund to their platform is still a freedom for us to choose whether to do it or not.  The point in @OP's post is the freedom to choose, IMO.


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November 30, 2022, 09:46:43 PM
 #6

It is indeed!
We always have our choice in using bitcoin and that is freedom, but we need to think about the outcome of our decision because sometimes the freedom that we seek will perhaps give us the worst scenario. True freedom is that no one will control you and that is why bitcoin was created because of freedom against the government.
That is why we need to educate those who are new to cryptocurrencies because they did not know what they do, they think it is freedom but it turns to the dark side like losing your money.









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.
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famososMuertos
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November 30, 2022, 09:54:08 PM
 #7

The possibility of freedom has always been available but it gets corrupted and then the wrong system repeats itself and it's happening with bitcoin.

It is possible, but it is not enough just to have a technological tool like bitcoin, it is the individuals who execute all those premises that you mention, otherwise it does not work in its original idea. And of course, then it becomes corrupted, it begins to be corrupted using centralized exchanges, and giving in to privacy, among others.


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November 30, 2022, 10:58:19 PM
 #8

My point is, no one should detect for anyone how to enjoy the freedom. You can only advice or teach, stop seeing people using exchanges or doing kyc as anti bitcoin.
Then that so-called “free” person should not complain when the centralized whom he/she freely chose to hodl coins decides to file for bankruptcy. Encouraging people to use bitcoin to the fullest capacity isn’t slavery, it surely isn’t trampling on your rights to free will, I think it’s a bad message you’re spreading, there are a lot of visitors who come to the forum every now and then to get valuable information and I believe this post may be misleading in my opinion.
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November 30, 2022, 11:04:04 PM
 #9

Too much freedom is also bad and those examples that you've given should also be given a reminder to the people that are enjoying yet didn't noticed that they're abusing their freedom.

You can only advice or teach, stop seeing people using exchanges or doing kyc as anti bitcoin.
I don't see them as anti bitcoin but even advising them to avoid storing it there based from the happenings that we're seeing. We just want the best for ourselves and to everyone.

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December 01, 2022, 06:18:11 AM
 #10

Too much of everything, they say is bad. Since Bitcoin is freedom and as such, one should be left to his/her devices as relates to how they handle their coins or on which exchange they choose to keep it, but I feel it's a bit necessary to atleast help those who are new to the system, especially the starry eyed newbies and naive investors.
 

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December 01, 2022, 06:48:46 AM
 #11

Bitcoin was created by Satoshi Nakamoto to make us not to be dependent on third parties such as government and banks to control our money. Satoshi gave us the opportunity to control your coins (money) without the interference of anyone. He also made us know that bitcoin is an alternative currency to fiat. This will mean that there is no limitation with bitcoin. Bitcoin is an absolute freedom.

My point is that people should stop making others feel that they are not enjoying the freedom introduced by Satoshi by not following bitcoin principles strictly. Freedom is freedom and should mean freedom.

  • If I decide to live a private life that no one knows how much I own, that is great and it is called freedom
  • If I decide to do KYC on all the exchanges and gambling sites, that is freedom
  • If I decide to leave my coins on exchanges, that is my choice, and it is called freedom
  • If I decide to share my private key with everyone I know, that is freedom
  • If I decide to use and reuse one particular address for all my transactions, that is freedom

My point is, no one should detect for anyone how to enjoy the freedom. You can only advice or teach, stop seeing people using exchanges or doing kyc as anti bitcoin.

I don't consider any action that is against the tenets of a concept (Bitcoin) an expression of "freedom" in any way. Most of the activities you listed above are not in line with what/how Bitcoin is or should be. Of which would portray the whole idea faulty when loss of funds comes from any of such activities, and as such I suggest right be right and wrong, wrong.
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December 01, 2022, 07:15:59 AM
 #12

Quote
If I decide to live a private life that no one knows how much I own, that is great and it is called freedom
If I decide to do KYC on all the exchanges and gambling sites, that is freedom
If I decide to leave my coins on exchanges, that is my choice, and it is called freedom
If I decide to share my private key with everyone I know, that is freedom
If I decide to use and reuse one particular address for all my transactions, that is freedom

My point is, no one should detect for anyone how to enjoy the freedom. You can only advice or teach, stop seeing people using exchanges or doing kyc as anti bitcoin

No. It isn't called freedom. It's called responsibility(freedom and responsibility can be viewed as one thing, but being irresponsible has little to do with freedom). Every person is responsible for his/her own financial situation. The people are responsible for their own financial mistakes, but sometimes they simply get manipulated and lied to. In that case, the scammers take the responsibility.
I don't think that using crypto exchanges and doing KYC is anti-Bitcoin. KYC is required by the law and the people are complying to the rules.
Trusting a third party with your coins/money is definitely anti-Bitcoin, because the whole concept of Bitcoin is to NEVER trust or rely on a third party. Be your own bank. Satoshi never told us to trust custodial centralized crypto exchanges.


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December 01, 2022, 07:52:24 AM
 #13

My point is that people should stop making others feel that they are not enjoying the freedom introduced by Satoshi by not following bitcoin principles strictly. Freedom is freedom and should mean freedom.

Why not? It's a correct observation that by using Bitcoin in a centralized manner, like storing it on exchange, you lose a lot of the benefits of Bitcoin and introduce the same old risks of the traditional finance systems. Just because you are free to do something, it doesn't mean that it's a good idea or others shouldn't be able to dissuade you from doing so.

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December 01, 2022, 08:33:17 AM
 #14

Maybe in different meaning or context. But freedom is something you are in control. What you said is your choice to do and definitely its freedom. What others says are those who wanted a freedom will avoid a close system wherein they cant access if theres problem with the exchange. See what happened on other platform like FTX, thats something very dangerous for your asset.

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December 01, 2022, 09:18:34 AM
 #15


~

My point is, no one should detect for anyone how to enjoy the freedom. You can only advice or teach, stop seeing people using exchanges or doing kyc as anti bitcoin.

doing KYC is an obligation to facilitate transactions with third parties in my opinion, as long as we use and comply with the rules I think whatever is written doesn't matter because the view of freedom is different for everyone
I am not an anti-bitcoin group and I am also open to those who support the government / third parties in managing my finances, I only follow the rules and the flow of bitcoin movement with the aim of making my way easier
and I agree that Bitcoin Freedom is Absolute


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December 01, 2022, 09:45:55 AM
 #16

It's indeed freedom if people comprehend what are they truly doing. Can we still call someone exercising or having freedom, while they cannot abstract what are they doing?

Take this, in regard to privacy, if some people cannot figure out how much privacy about themselves that being taken out by not following a privacy-oriented way of usage, it's neither freedom nor ignorant. They simply just did not have awareness or knowledge regarding how to do it properly and/or of what is the consequences of doing so. My thought is that people sometimes just unaware of how much they can maximize some things.
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December 01, 2022, 10:10:08 AM
 #17

In a fairly narrow sense, freedom means that you are free to do whatever you want, no matter what anyone says. But when you start to realize that not your keys aren't your bitcoin, then your financial freedom is actually limited.

Bitcoin gives you financial freedom where you can completely control your money right in your own hands, just like you have your own bank. But people can choose their own path because their money is their responsibility. The best for others is not necessarily the best for us, and vice versa.

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December 01, 2022, 10:42:39 AM
 #18

Yes free will is amazing. I can jump off a cliff whenever I want. That’s pretty amazing and provides for some great existential thought seshes.

Don’t steer people in a direction that embraces KYC, however.

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December 01, 2022, 11:13:18 AM
 #19

  • If I decide to do KYC on all the exchanges and gambling sites, that is freedom
  • If I decide to leave my coins on exchanges, that is my choice, and it is called freedom
  • If I decide to share my private key with everyone I know, that is freedom
  • If I decide to use and reuse one particular address for all my transactions, that is freedom

You can call it "freedom" and I have nothing against you living that way, but all that you mentioned does not only cause possible problems for you, it is also the reason why catastrophic things like Mt.Gox, Quadriga, Luna or FTX happen to us, along with dozens or hundreds of smaller ones that were not globally exposed. It's not a matter of following the principles blindly and 100%, but of respecting some basic things - that has nothing to do with the freedom you're talking about.

My point is, no one should detect for anyone how to enjoy the freedom. You can only advice or teach, stop seeing people using exchanges or doing kyc as anti bitcoin.

Bitcoin was conceived as a decentralized cryptocurrency, and anyone who uses centralized ways of storing it is somehow wrong - millions of BTC are currently in such storage and it is simply anti-Bitcoin. When the next big scandal breaks out, then call on "freedom" again, and don't ask why the new crash happened.

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December 01, 2022, 11:33:47 AM
 #20


  • If I decide to live a private life that no one knows how much I own, that is great and it is called freedom
  • If I decide to do KYC on all the exchanges and gambling sites, that is freedom
  • If I decide to leave my coins on exchanges, that is my choice, and it is called freedom
  • If I decide to share my private key with everyone I know, that is freedom
  • If I decide to use and reuse one particular address for all my transactions, that is freedom

My point is, no one should detect for anyone how to enjoy the freedom. You can only advice or teach, stop seeing people using exchanges or doing kyc as anti bitcoin.

Of course by having Crypto you can be in full freedom but still we are living in Centralized Market. I have read news that Us will search 5 exchanges, Binance, karakeen, kucoin and other exchanges so that they might get info about the 20 million dollars of laundring money. So i do not think that still we can be more Private..
And also we Do peer to peer trading on Binance and other platforms and still out bank details and other such info is available at these exchanges and that's not we are so private.

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