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Author Topic: Bitcoin and its power of freedom  (Read 251 times)
Ucy
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March 01, 2023, 03:43:40 PM
 #21

...
 The more you study the net, the more you'll fall in love with it. Bitcoin brings that power of freedom and no totalitarian state is going to take that away! That's my thought today about btc.




Ofcourse, Bitcoin (the System/Network) is for the Free. Those who do not deserve to be slave or in jail are considered the Free and are qualified to use it. It helps protect the free from the lawless but It does not protect the criminals/slaves from the authoritarians though, hence its  transparency/accountability, immutablity features... One of the purposes of the features is to expose them.


When you love Bitcoin (the system) you are loving the people who operate it, make up the Bitcoin Network, and make it work. The love goes to them all. Thanks
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March 01, 2023, 08:44:39 PM
 #22

The first impression of btc is that you will get screwed by false people that it is a pyramid scheme. The more you study the net, the more you'll fall in love with it. BTC brings that power of freedom and no totalitarian state is going to take that away! That's my thought today about btc.
Quite interesting to see these topics these days, I can't fully understand why and how these started out, but I am fine with it. Back to freedom part, bitcoin does have a freedom part but I do not care about just the freedom part, it's the decentralized part that matters to me the most.

In fiat world, there is always someone who can freeze your account or cause you headache, the governments, the banks, the companies like paypal, everyone could do it and it sucks and I do not like that. On the other hand, when you are dealing with bitcoin you do not deal with any of this, if it's your money then it's your money and nobody could take it away from you.

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March 01, 2023, 10:01:49 PM
 #23

BTC brings that power of freedom and no totalitarian state is going to take that away! That's my thought today about btc.

Nice, now take a flight to Pyongyang and explain to the people there how a totalitarian regime has no power over bitcoin.
Do share with us the experience when you return, that is, if you ever do!

A lot don't understand that Bitcoin brings you the freedom of not having to rely on an untrusted 3rd party, it's not an unbreakable shield by a totalitarian regime that is ready to throw you in prison and kill its own people, the freedom of using Bitcoin is because you are allowed to have that option in a free country in the first place, once that ain't a guarantee anymore any kind of freedom goes away.
There are a lot who don't understand the abuse of power a dictatorship is capable of, it's easy to say that while you're talking on a forum from the safety of your house in a democratic country, do this thing out in the open in another and see how it goes!

Your statement is only true if you store your bitcoin in a non-custodial (aka self-custodial) wallet and own its key.

There are tools for voluntary disclosure and donation of assets, Jack Ma is the prime example among thousands of how those things happen. As the OP you start with the premise that the secret police in such a country will somehow respect your privacy and rights and not pull a gun to your child's head and tell you that you have 10 seconds to remember what your cat eat exactly 147 days ago!  Wink

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March 02, 2023, 02:51:49 AM
 #24

I like to think of a modern day use case example, ie the folks that fled from Ukraine when the war was just beginning after all their banks got shut down. Their life savings in a secure hard drive that can be very discreet to exit the country safely with your money. Now that is freedom.

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March 02, 2023, 04:17:49 PM
 #25

actually in this case,
about bitcoin it can't be called a pyramid scale fully, indeed most are like that but not completely like that, so bitcoin is a valuable asset which of course gives freedom for those who are interested in investing in it.
and it depends on the enthusiasts and depending on the intelligence of the enthusiasts in terms of buying.


The reputation as a pyramid scheme for bitcoin is supported by advertising that aims to make bitcoin have a negative information field. People who understand the technical side of cryptocurrency have never thought so.

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March 02, 2023, 06:12:14 PM
 #26

As beginner when you meet people who skeptical about bitcoin what you need to do is first go verify from people who have been into bitcoin who can share their experience with you for you to get more understanding . Many lose opportunities of investing bitcoin long ago because of what they heard from people with ignorance. If they had gone to make research, they would seen the real face and understanding about bitcoin. Those who talk bad about bitcoin knows nothing that is why they reason very low about bitcoin.
Those who know nothing about bitcoin will only make bad comments and influence others that nothing can be expected from bitcoin. It's easy enough to influence people who are new who are on their way to knowing what bitcoin really is. Skeptics will only give advice about being careful with bitcoin without any solution. Investment opportunities must be created from the start, investing in bitcoin is a worthwhile investment when you believe that bitcoin will give you a return. Do some research to better understand what is being invested in.
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March 02, 2023, 10:41:39 PM
 #27

I was also optimistic about Bitcoin at first; I neglected the idea of it some years ago, but later I realized it was something worth venturing into, and here I am. Indeed, Bitcoin is freedom; you just have to own it on your device without the fear of someone coming to attack you. It's not something that's so heavy that you can't carry it around, and it's something that is not noticeable to people around you unless you let them know. Only a few steps are needed to keep your asset safe: Keep your phrase safe and store your bitcoin off the CEX; store your coin in a hardware wallet.

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March 02, 2023, 10:45:44 PM
 #28

People who doesn't have the real understanding and failed out of bitcoin investment will term it a pyramid scheme. This is all because of the expectation to make themselves rich overnight and they doesn't have the patience to hold. When the expectation doesn't gets fulfilled they easily end up blaming bitcoin. This had happened with many people who later feels bad for what they've done and once again enter the market.

Bitcoin is real financial freedom. Every user must enjoy it and surely they'll not leave it.

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March 03, 2023, 05:59:00 AM
 #29

As beginner when you meet people who skeptical about bitcoin what you need to do is first go verify from people who have been into bitcoin who can share their experience with you for you to get more understanding . Many lose opportunities of investing bitcoin long ago because of what they heard from people with ignorance. If they had gone to make research, they would seen the real face and understanding about bitcoin. Those who talk bad about bitcoin knows nothing that is why they reason very low about bitcoin.
Those who know nothing about bitcoin will only make bad comments and influence others that nothing can be expected from bitcoin. It's easy enough to influence people who are new who are on their way to knowing what bitcoin really is. Skeptics will only give advice about being careful with bitcoin without any solution. Investment opportunities must be created from the start, investing in bitcoin is a worthwhile investment when you believe that bitcoin will give you a return. Do some research to better understand what is being invested in.

Bitcoin and its power of freedom is similar to the iPhone and its power for mobility. Often when someone has no idea about something, they immediately take a negative attitude towards it. That is even more the case when that new something is a threat to their old something. Or when they missed the train and the new something is already making people happy. One of the best examples in technology history is Steve Ballmer from Microsoft back then laughing about the iPhone. Today he says that was the biggest mistake of his lifetime as a Microsoft CEO. Or when Warren Buffett talks about Bitcoin as rat poison, there is no need to call it that way. But it obviously takes away bit by bit from the investor crowd that otherwise could put money into investments he is holding.

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March 03, 2023, 06:19:12 AM
 #30

I like to think of a modern day use case example, ie the folks that fled from Ukraine when the war was just beginning after all their banks got shut down. Their life savings in a secure hard drive that can be very discreet to exit the country safely with your money. Now that is freedom.

It's a great example! Mostly people think about it like personal benefits and some can forget about other people
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June 21, 2023, 01:27:27 PM
 #31

The freedom BTC brings is second to none, as its not controlled by government authorities and you can easily make transactions with it across the globe. For people thinking BtC is some sort of pyramid scheme, they should take out time to study Bitcoin white paper 📜🗞️ as it gives an insight to the knowledge they seek.
I have seen many people emphasizing on the freedom of Bitcoin, actually Bitcoin will give you chance to do any other thing you want if you are dealing with Bitcoin kind of investment, but a process whereby you are a trader i think you need more time or concentration in the market so that you won't experience lose, the aspect that i will agree with some of you concept of Bitcoin becoming freedom, is the aspect that it doesn't have a third party from my understanding, so therefore i believe that Bitcoin needs more concentration before you make out what's obtainable for the market of trading and long term investment of bitcoin.

Yes, after I got to know the basics, I didn't treat bitcoin as an investment, but as a protection and preservation of assets.

As beginner when you meet people who skeptical about bitcoin what you need to do is first go verify from people who have been into bitcoin who can share their experience with you for you to get more understanding . Many lose opportunities of investing bitcoin long ago because of what they heard from people with ignorance. If they had gone to make research, they would seen the real face and understanding about bitcoin. Those who talk bad about bitcoin knows nothing that is why they reason very low about bitcoin.
Those who know nothing about bitcoin will only make bad comments and influence others that nothing can be expected from bitcoin. It's easy enough to influence people who are new who are on their way to knowing what bitcoin really is. Skeptics will only give advice about being careful with bitcoin without any solution. Investment opportunities must be created from the start, investing in bitcoin is a worthwhile investment when you believe that bitcoin will give you a return. Do some research to better understand what is being invested in.

Bitcoin and its power of freedom is similar to the iPhone and its power for mobility. Often when someone has no idea about something, they immediately take a negative attitude towards it. That is even more the case when that new something is a threat to their old something. Or when they missed the train and the new something is already making people happy. One of the best examples in technology history is Steve Ballmer from Microsoft back then laughing about the iPhone. Today he says that was the biggest mistake of his lifetime as a Microsoft CEO. Or when Warren Buffett talks about Bitcoin as rat poison, there is no need to call it that way. But it obviously takes away bit by bit from the investor crowd that otherwise could put money into investments he is holding.

There is always a saying: whoever arrives at the source first drinks the clean water, whoever understood satoshi's creation will drink the cleanest water first.
As beginner when you meet people who skeptical about bitcoin what you need to do is first go verify from people who have been into bitcoin who can share their experience with you for you to get more understanding . Many lose opportunities of investing bitcoin long ago because of what they heard from people with ignorance. If they had gone to make research, they would seen the real face and understanding about bitcoin. Those who talk bad about bitcoin knows nothing that is why they reason very low about bitcoin.
Investment opportunities must be created from the start, investing in bitcoin is a worthwhile investment when you believe that bitcoin will give you a return.
I would not consider bitcoin as an investment, if I want to escape the clutches of the state, preserve my assets over time, I particularly do not consider bitcoin as an investment.
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June 21, 2023, 03:27:30 PM
 #32

People try to educate about things they don't know. This learning effort come from curiosity and the crypto world is a world where there is no end to know. The more interested you are, the more you will learn and the more you will learn about a subject. You will fall in love with it. Yes you are right bitcoin will give you freedom because you can use your bitcoin money whenever you want by withdrawing money as needed. This is why bitcoin is called freedom.

I knew there was a thing exist in the earth is called Bitcoin. But I don't know what it's work was. But Bitcointalk teach me a lot about Bitcoin. You will learn as much as you are interested in it.
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