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Alisha-k
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May 07, 2023, 12:17:41 PM
 #21

Actually what the man (the guy’s father) said is true, the federal government hold the exclusive right to decide which currency its nation should use or trade

Currently, the use of cryptos was banned since 2021 and no one can do anything about it

As a matter of fact, if you receive any alert with a crypto related word as description, your account will be blocked, if you go to the bank to complain, you’ll be arrested

However, most people still try to learn and use cryptos but it must be without the knowledge of any government entity.

You shouldn't also feel like you wasted your time because, not everyone is permitted to benefit from your wealth of knowledge, does that can will.

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May 07, 2023, 12:47:04 PM
 #22

I guess it's not always bad when people are told what to do. But you always can decide what is best for you
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May 07, 2023, 03:12:21 PM
 #23

What is shame here? There is nothing wrong with saying that the government decides everything. Can you fight them? If your country banned bitcoin, would you dare to tell people that you are using bitcoin? Like it or not, government is the most powerful agency and they decide everything in this world, against them is not a good idea.

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May 07, 2023, 03:45:29 PM
 #24

It's a shame that people are still living their lives, saying, if the government says that something is bad then it is bad, government decides what's good and what's bad for it's people.

This is what I get from a lecturer of a university in my country, I was trying to teach some students about Bitcoin and crypto, I was forced to even do it because I have been busy with my business for the past one month now, a good year this 2023 has been for my business, but these students have been calling me to come and give them some lectures about Bitcoin so I did this yesterday.

One of the students have a father that's a lecturer and after I got home this student told me that his father said that the government is the only thing that can decide if a currency is fit to be people's currency or not, if the government says no then it's a no, coming from a lecturer this is so sad.

His son have an interest in Bitcoin and now it's left for him to make a choice, I am only surprised how a lecturer can be this dense, something that should be coming from an illiterate.

I don't know if this will impact the other students too because they are all from the same school but I do hope I've not wasted my energy, I spent 2 hours talking about Bitcoin and the Blockchain.

If something is not clear or doesn't make sense, we should look for answers and not make a blind determination on it, your action can have an impact on someone's else.

I think what your student's father said is true that the government has the right and authority to determine their own currency, and indeed the only one who has that rights, regardless of freedom, as the people has its own limits as the beneficiaries of autonomy in the state.
I didn't mean to speak ugly about Bitcoin, but I need to affirm that what the student's father said was true as the procedural agreed upon.
Unless there are no laws that legally determine the currency, it will be mentioned that the community is free to determine its currency.
I don't think you need to complain about what you have done, that's the choice you have made and maybe this is one of the obstacles that you need to face in introducing bitcoin as a currency in your country, if it seems that people are affected then the possibility is you Bending from currency to alternative investments and you can continue.

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May 07, 2023, 07:04:34 PM
 #25

It's a shame that people are still living their lives, saying, if the government says that something is bad then it is bad, government decides what's good and what's bad for it's people.
We will be surprised by the level of how some people rely on the government's negative statements about something that's good and the sad thing about it is that the people are not the only ones guilty of this because some cryptocurrency exchanges are somehow the slave of government which Coinbase was one until now that they are going against the same SEC after Kraken made a solid decision.


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May 07, 2023, 07:25:31 PM
 #26

I wonder why some people are still relying on government to do some settings things as for for me I will never rely on the government, I will be be self employed, I don't want government to buy my time, the time when I suppose to use for other things like investments, Bitcoin other cryptocurrencies to make life easier for me, I will use it in government work to suffer, what if the government is paying you forty thousand a month calculate how much is your daily salary. Bitcoin will be come legal tender in the future.

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May 07, 2023, 07:39:56 PM
 #27


One of the students have a father that's a lecturer and after I got home this student told me that his father said that the government is the only thing that can decide if a currency is fit to be people's currency or not, if the government says no then it's a no, coming from a lecturer this is so sad.

I am surprised why you are seeing it as a shame. There is nothing shameful here and the lecturer is 100% correct based on the context and information given him.

You cannot go print paper in your country and begin ask people to use it as a currency, will it be possible? No!
That is exactly what the lecturer meant. The currency is a legal tender and it is only the government who determines what is a legal tender or not.
So, for someone who doesn't have rooted information about bitcoin to make such a statement, he should be applauded as a learned man instead of criticising him and seeing him as being naive.

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May 07, 2023, 07:41:33 PM
 #28

It's a shame that people are still living their lives, saying, if the government says that something is bad then it is bad, government decides what's good and what's bad for it's people.
~~~
One of the students have a father that's a lecturer and after I got home this student told me that his father said that the government is the only thing that can decide if a currency is fit to be people's currency or not, if the government says no then it's a no, coming from a lecturer this is so sad.

This is what's known as a doctrine. And if you're aware, the most adept purveyors of fake news are actually the government themselves. They have the advantage of access to the national media that they control, which easily allows them to steer the public towards statements that may still be in doubt of their truthfulness by the government. Major news portals that are part of the government ecosystem, and thus beneficial to the government, will receive permission and funding. Meanwhile, news portals that oppose the government will be silenced.

The issue with Bitcoin will only be met with resistance from fiat and banking industries. Established centralized companies that have been around for some time and mutually beneficial for the government will quell the threat of Bitcoin from the very beginning. This is what makes Bitcoin have enemies in its quest to become a mainstream digital currency among the wider public.

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May 07, 2023, 07:50:14 PM
 #29

It's a shame that people are still living their lives, saying, if the government says that something is bad then it is bad, government decides what's good and what's bad for it's people.

This is what I get from a lecturer of a university in my country, I was trying to teach some students about Bitcoin and crypto, I was forced to even do it because I have been busy with my business for the past one month now, a good year this 2023 has been for my business, but these students have been calling me to come and give them some lectures about Bitcoin so I did this yesterday.

One of the students have a father that's a lecturer and after I got home this student told me that his father said that the government is the only thing that can decide if a currency is fit to be people's currency or not, if the government says no then it's a no, coming from a lecturer this is so sad.

His son have an interest in Bitcoin and now it's left for him to make a choice, I am only surprised how a lecturer can be this dense, something that should be coming from an illiterate.

I don't know if this will impact the other students too because they are all from the same school but I do hope I've not wasted my energy, I spent 2 hours talking about Bitcoin and the Blockchain.

If something is not clear or doesn't make sense, we should look for answers and not make a blind determination on it, your action can have an impact on someone's else.
I'm getting where you're coming from. After a hearty lecture like that you'd hope that every student that listened to you as well as their parents that listened to them talk about your lecture would be as accepting and receptive of what you're trying to sell. Sadly that doesn't work. You can't convince people by calling them a dick (or being angry at them because they don't wanna listen to you). In my honest opinion, the dad's correct. In legal manners only the central government could really decide whether a currency is legal and allowed to operate within their territories or not. Granted there will always be lengthy discussion about this but that's besides the point, the government has all the legal powers to tell the people which is right and which is wrong. Ever wondered why the US government was so confident about cracking down on bitcoin in the first place?
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May 07, 2023, 07:58:02 PM
 #30

I wonder why some people are still relying on government to do some settings things as for for me I will never rely on the government, I will be be self employed, I don't want government to buy my time, the time when I suppose to use for other things like investments, Bitcoin other cryptocurrencies to make life easier for me, I will use it in government work to suffer, what if the government is paying you forty thousand a month calculate how much is your daily salary. Bitcoin will be come legal tender in the future.

OP you didn't state the position of the government of your nation concerning bitcoin. If Bitcoin is restricted or banned in your country, then the lecturer is correct. You are to respect the law of your country be it favorable or unfavorable. If the government of your country bans bitcoin you have no other option than to obey the law or leave to another country. Disobeying the law of the land can attract severe sanctions which could include jail term. I don't think it is a shame to obey the government.

But we should also understand that when we have the freedom to choose between economic choices, then we should make our own decisions based on our research or experience. In my country, the government encourages its citizen not to engage in any cryptocurrency transaction, but Bitcoin and other coins are not banned. It is now up to the citizens to decide if they will take the government's advice or not. For me, I chose to neglect their advice because I believe in Bitcoin.

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May 07, 2023, 08:09:13 PM
 #31


They are students, somehow they are limited to what was being told to them. We are being told to obey all the time from parents, school teachers down to the churches. It must takes more than just a discussion of what government approved and what they don't before students understand their freedom to chose.

I think the discussion should start from the kinds of money that tribes have in different part of the world. The communities just agree which is money like seashells or the  Pacific island people who agreed stone money known as “Rai” as their currency.

With this in mind, I think they will also see that anything can be a money as long as people agrees its valuable.


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May 07, 2023, 08:19:12 PM
 #32

Am not surprised about the ignorance of the lecturer and his son. It has been the father who always shows the son the right way, hence I see no wrong in the son believing what his father said.
Where he would have to appreciate the free Bitcoin lecture you gave, is if in the future he needs to complete a transaction or trade across border and he is faced with huge tax charges from fiat banks. He would also understand your bid when he doesn't get a job after graduation and is forced to fend for himself.
He would also understand what you are trying to do now, if a younger one of his earns majorly from it and is doing fine.
Leave people be with their understanding, when the time comes for them to learn about same Bitcoin, I hope they would be able to afford it or grasp the concept or find someone who wouldn't charge them for the knowledge.

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May 07, 2023, 09:02:58 PM
 #33

One of the students have a father that's a lecturer and after I got home this student told me that his father said that the government is the only thing that can decide if a currency is fit to be people's currency or not, if the government says no then it's a no, coming from a lecturer this is so sad.

Well, what do you expect? People choose what they believe and whom they believe. to some people, it's just what the government says that is so valid to them, but when a common man speaks to them about something, they take it so unserious, not to mention that Bitcoin is not a force; it's left for any individual to decide what they want and go for it. It's just like when a baby is born, their parents can make decisions for them, but it will get to a stage in their life when they have to choose their part and make decisions for themselves. At a very mature age, parents are not even the ones who asked their children to go and marry; they make those choices themselves, so allow it to pass. It's not a shame to me; it's just what humans choose to believe they will believe. I have seen a situation where someone has all the evidence to believe that something is true, but they don't just want to agree to it, probably because it's not coming from whom they expect to hear it from.

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May 07, 2023, 09:06:09 PM
 #34

It's a shame that people are still living their lives, saying, if the government says that something is bad then it is bad, government decides what's good and what's bad for it's people.

Well, the government governs so many people believe that government is here for the people's benefits and good so we cannot blame others to think that way.  Besides, only rebellious people will think otherwise.

Quote
One of the students have a father that's a lecturer and after I got home this student told me that his father said that the government is the only thing that can decide if a currency is fit to be people's currency or not, if the government says no then it's a no, coming from a lecturer this is so sad.

From a legal standpoint, it is correct.  why get sad over the correct interpretation of the law?

Quote
His son have an interest in Bitcoin and now it's left for him to make a choice, I am only surprised how a lecturer can be this dense, something that should be coming from an illiterate.

I don't know if this will impact the other students too because they are all from the same school but I do hope I've not wasted my energy, I spent 2 hours talking about Bitcoin and the Blockchain.

If something is not clear or doesn't make sense, we should look for answers and not make a blind determination on it, your action can have an impact on someone's else.


I think it is not being illiterate but more the understanding of the law and does not want to get problems by trying innovation that is yet accepted by the government.

Am not surprised about the ignorance of the lecturer and his son. It has been the father who always shows the son the right way, hence I see no wrong in the son believing what his father said.
Where he would have to appreciate the free Bitcoin lecture you gave, is if in the future he needs to complete a transaction or trade across border and he is faced with huge tax charges from fiat banks. He would also understand your bid when he doesn't get a job after graduation and is forced to fend for himself.
He would also understand what you are trying to do now, if a younger one of his earns majorly from it and is doing fine.
Leave people be with their understanding, when the time comes for them to learn about same Bitcoin, I hope they would be able to afford it or grasp the concept or find someone who wouldn't charge them for the knowledge.

Bitcoin is illegal in some country,and others haven't put any stand and put Bitcoin in a gray area.   I think it is not ignorance on the part of the lecturer but rather basing his belief on the standpoint of the governmnet about Bitcoin.  Not because we believe in BTC we are more knowledgeable than them... that is a huge fallacy IMO.

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May 07, 2023, 09:20:24 PM
 #35

There's one thing I've learned over the years when it comes to the government and that's to never trust what they're saying. The chairman of the equivalent of the FED in my country said in 2021 that currency is doing fine and they aren't expecting any significant increase of inflation. A year later inflation was 2 times higher.
When the war in Ukraine broke out they said the fuel prices have gone up and they have to adjust, but a year later when oil prices went down, they kept gasoline high for months in government-owned gas stations to make money and steal from people.
We have VAT tax and the government said many years ago that it would increase VAT for a year or two to fix the budget, but then it would decrease it again - it never did. It's been at least 5 years since they said that and VAT was never decreased.

All they do is lie, all they want you is to be like a puppet on a string. If they tell you to jump, you should do anything but.

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May 07, 2023, 09:24:14 PM
 #36

It's a shame that people are still living their lives, saying, if the government says that something is bad then it is bad, government decides what's good and what's bad for it's people.

This is what I get from a lecturer of a university in my country, I was trying to teach some students about Bitcoin and crypto, I was forced to even do it because I have been busy with my business for the past one month now, a good year this 2023 has been for my business, but these students have been calling me to come and give them some lectures about Bitcoin so I did this yesterday.

One of the students have a father that's a lecturer and after I got home this student told me that his father said that the government is the only thing that can decide if a currency is fit to be people's currency or not, if the government says no then it's a no, coming from a lecturer this is so sad.

His son have an interest in Bitcoin and now it's left for him to make a choice, I am only surprised how a lecturer can be this dense, something that should be coming from an illiterate.

I don't know if this will impact the other students too because they are all from the same school but I do hope I've not wasted my energy, I spent 2 hours talking about Bitcoin and the Blockchain.

If something is not clear or doesn't make sense, we should look for answers and not make a blind determination on it, your action can have an impact on someone's else.

In this regard, literacy may have multiple faces. That teacher is paid by his turstworthy government so I guess he's already biased. No wonders. His literacy is in another field not in economy or finance! And another thing is that teachers of today, graduated probably before Bitcoin existed, so the awarness for fiat money was not as big as it is now and keynsian ideas were the only one known to people (and still are but slowly enlarging horizons, so I hope).

The generation of people that got to 8th grade or so by 2009 will be the first ones to embrace Bitcoin culture by nature, eventually! People before that must be self-taught or taught by hard ways such as losing all savings and/or losing all goods to governments or so!

Bitcoin is energy. Bitcoin is freedom
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May 07, 2023, 09:57:41 PM
 #37

It's a shame that people are still living their lives, saying, if the government says that something is bad then it is bad, government decides what's good and what's bad for it's people.

This is what I get from a lecturer of a university in my country, I was trying to teach some students about Bitcoin and crypto, I was forced to even do it because I have been busy with my business for the past one month now, a good year this 2023 has been for my business, but these students have been calling me to come and give them some lectures about Bitcoin so I did this yesterday.

One of the students have a father that's a lecturer and after I got home this student told me that his father said that the government is the only thing that can decide if a currency is fit to be people's currency or not, if the government says no then it's a no, coming from a lecturer this is so sad.

His son have an interest in Bitcoin and now it's left for him to make a choice, I am only surprised how a lecturer can be this dense, something that should be coming from an illiterate.

I don't know if this will impact the other students too because they are all from the same school but I do hope I've not wasted my energy, I spent 2 hours talking about Bitcoin and the Blockchain.

If something is not clear or doesn't make sense, we should look for answers and not make a blind determination on it, your action can have an impact on someone's else.
Sad story but this is not surprising, school these days do not really teach you anything, you are expected to sit down, remain quiet and then at some intervals demonstrate that you can regurgitate some of the stuff the teacher has been mentioning, do so at a satisfactory level, then forget everything that you supposedly learned and do this for decades, so it is not surprising that such system is producing people which are supposedly educated but that are that dense, a form of money becomes popular and used by most people because they find it useful, this was the case with gold and silver, this was the case for the US dollar too, as no one can force other governments to use it for their international trades, and the same is true for bitcoin.

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May 07, 2023, 11:52:08 PM
 #38

This is actually the influence of social media and on how it impacts the perspective of all people. Unfortunately, majority are lazy to check their respective resources when it comes to verifying facts and checking the truth. They blindly follow leaders as they have no will of their own. Regardless whether a certain leader speaks the truth or not, the followers commend and follow their actions without determining the veracity of such actions.


They are students, somehow they are limited to what was being told to them. We are being told to obey all the time from parents, school teachers down to the churches. It must takes more than just a discussion of what government approved and what they don't before students understand their freedom to chose.

I think the discussion should start from the kinds of money that tribes have in different part of the world. The communities just agree which is money like seashells or the  Pacific island people who agreed stone money known as “Rai” as their currency.

With this in mind, I think they will also see that anything can be a money as long as people agrees its valuable.

I do think that it is the role of students to understand and make a determination whether they should follow or not. Students are already at age where they now what is good and bad. They can decide for themselves and they can also follow others without giving much thought.

R


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May 08, 2023, 12:32:04 AM
 #39

One of the students have a father that's a lecturer and after I got home this student told me that his father said that the government is the only thing that can decide if a currency is fit to be people's currency or not, if the government says no then it's a no, coming from a lecturer this is so sad.
(....)
We can't force the father here, for me that is his own opinion, and what can see, what if this father still doesn't know what is Bitcoin or still doesn't know how Bitcoin works?
These kinds of people sure are still living in the old times, and most of these are still practicing the old ways.
We should also consider what kind of government they have or which country they are living.

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May 08, 2023, 12:44:53 AM
 #40

There's one thing I've learned over the years when it comes to the government and that's to never trust what they're saying. The chairman of the equivalent of the FED in my country said in 2021 that currency is doing fine and they aren't expecting any significant increase of inflation. A year later inflation was 2 times higher.
When the war in Ukraine broke out they said the fuel prices have gone up and they have to adjust, but a year later when oil prices went down, they kept gasoline high for months in government-owned gas stations to make money and steal from people.
We have VAT tax and the government said many years ago that it would increase VAT for a year or two to fix the budget, but then it would decrease it again - it never did. It's been at least 5 years since they said that and VAT was never decreased.

All they do is lie, all they want you is to be like a puppet on a string. If they tell you to jump, you should do anything but.

Everything you say about the government is not wrong, they are assholes. But the question arises, what can we do but obey their orders? There is almost nothing we can do to expose them, fighting them is never a happy ending. Believe it or not, as long as they make a policy, we have to follow it and follow it.
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