Be rich sheeple or free people, what's your choice?

[GbitG]

No middle way, no trick, no further questions, no this or that, your choice and tell me why this and not that!

Option A looks enticing because I expect my small Bitcoin holding to make me rich. But the consequence of having more is loss of freedom. And financial freedom is better than having all the money. If Bitcoin's price grows but it is highly regulated, it is like having more and owning nothing. Centralization gives the government total access and control over your coin. Just like a savings account in the bank, you can't claim ownership of funds in the bank. The government can decide to enact a law and confiscate all the funds in banks.

So I will gladly choose option B that gives me total ownership of my money. I might not have much from my Bitcoin investment, but I own and have full control over my coin. Privacy is a priceless asset. I don't want people to cheaply know how much I own because living a private life has many advantages.

I agree with you in terms of privacy because Bitcoin can provide an estimate of privacy rather than controversial assets. Besides that, Bitcoin is an essential step toward financial freedom. While centralized assets are fully under the control of the government at any time, they can easily assess you. In addition, you say that privacy is a priceless asset. Based on the same topic, I accept your point that the first is financial freedom and the second is privacy, which are very necessary for a person of a certain financial status. That is what made Bitcoin more prone to adoption than other controversial assets.
At the end of the conclusion, I picked up your plan B because it gives me a separate point of view on secure assets.

[Ayers]

No middle way, no trick, no further questions, no this or that, your choice and tell me why this and not that!

It's a shame that you limit it so that there is no middle way between the two options. Even though genies usually give 3 wishes, not two. But this seems like a different genie 

Of the two choices you gave, maybe I prefer the second. After all, bitcoin is freedom, even though its value has increased 1000x from the current price but suddenly my bitcoin was confiscated by the government which is very serious because a 1000x price increase is meaningless if the bitcoin we have is confiscated. And after all, freedom has a price that is more expensive than anything else

Many people also choose the second option like you, but I want to know if that is everyone's honest answer? As far as I can see, people love bitcoin and invest in it because of its volatility. Volatility gives us the opportunity to make profits and many people also admit that if bitcoin becomes stable. Bitcoin will be boring and maybe they will find an alternative investment. That shows people are more interested in bitcoin profits than any other utility. But in this topic, people choose freedom and privacy over profit, this really confuses me.

[jaberwock]

Bitcoin isn't a stable coin, there's no way the price will stay forever at $30K especially the government didn't fully control and the market is free. It's better to say the price might be not so high as the #1, maybe it could be higher for 10-100x times.

I will choose #2 because profit isn't the only a reason why I invest most of my money in Bitcoin, I really like the decentralization, transparency, security and the privacy.

Being stable and stable coin is different. Stable coin has a 1 dollar fixed value while being stable means the price can remain in one direction. But anyway you are right that there is no way BTC can stay on that price since it is still a volatile coin. Government don't or can't fully control it but they can influence the price through their decisions if they will allow BTC or not. Then there are big institutions and whales which can also do the same.

It's indeed better to be humble but it's funny that this is where the price can rise more, and not if when we are very confident or expects too much. I like your initiative there mate. You are like Satoshi because he created BTC not for the money but for our sake and as a counter to fiats.

[Vaskiy]

No middle way, no trick, no further questions, no this or that, your choice and tell me why this and not that!

It's a shame that you limit it so that there is no middle way between the two options. Even though genies usually give 3 wishes, not two. But this seems like a different genie 

Of the two choices you gave, maybe I prefer the second. After all, bitcoin is freedom, even though its value has increased 1000x from the current price but suddenly my bitcoin was confiscated by the government which is very serious because a 1000x price increase is meaningless if the bitcoin we have is confiscated. And after all, freedom has a price that is more expensive than anything else

Many people also choose the second option like you, but I want to know if that is everyone's honest answer? As far as I can see, people love bitcoin and invest in it because of its volatility. Volatility gives us the opportunity to make profits and many people also admit that if bitcoin becomes stable. Bitcoin will be boring and maybe they will find an alternative investment. That shows people are more interested in bitcoin profits than any other utility. But in this topic, people choose freedom and privacy over profit, this really confuses me.

People just for conversation will say that they're much attracted by the technology, decentralised functioning, privacy and other features. The reality is the growth and the profit it can provide in comparison to other forms of investment. Rather than volatility it is the increasing price that attracts people. Volatility will be known later when people have made their involvement into the market and leanrs to profit out of the volatile market. It is true, if bitcoin stay stable automatically the usage will decrease drastically.

[ChuckBuck]

Bitcoin isn't a stable coin, there's no way the price will stay forever at $30K especially the government didn't fully control and the market is free. It's better to say the price might be not so high as the #1, maybe it could be higher for 10-100x times.

I will choose #2 because profit isn't the only a reason why I invest most of my money in Bitcoin, I really like the decentralization, transparency, security and the privacy.

Being stable and stable coin is different. Stable coin has a 1 dollar fixed value while being stable means the price can remain in one direction. But anyway you are right that there is no way BTC can stay on that price since it is still a volatile coin. Government don't or can't fully control it but they can influence the price through their decisions if they will allow BTC or not. Then there are big institutions and whales which can also do the same.

It's indeed better to be humble but it's funny that this is where the price can rise more, and not if when we are very confident or expects too much. I like your initiative there mate. You are like Satoshi because he created BTC not for the money but for our sake and as a counter to fiats.

It looks like someone read a bit, right? Allow me to explain further. You're exactly right that there is a difference between a stable coin and one whose price doesn't change much. But keep in mind that BTC is more than just fluctuation. Such a trend is not controlled by any one government, even though policies can have an effect on it. But your comparison to Satoshi? Let's not put everyone so high up, please. Satoshi had a vision, sure, but BTC isn't just about countering fiat. It's a revolution. You are only seeing the very beginning 

[eightdots]

Bitcoin isn't a stable coin, there's no way the price will stay forever at $30K especially the government didn't fully control and the market is free. It's better to say the price might be not so high as the #1, maybe it could be higher for 10-100x times.

I will choose #2 because profit isn't the only a reason why I invest most of my money in Bitcoin, I really like the decentralization, transparency, security and the privacy.

Being stable and stable coin is different. Stable coin has a 1 dollar fixed value while being stable means the price can remain in one direction. But anyway you are right that there is no way BTC can stay on that price since it is still a volatile coin. Government don't or can't fully control it but they can influence the price through their decisions if they will allow BTC or not. Then there are big institutions and whales which can also do the same.

It's indeed better to be humble but it's funny that this is where the price can rise more, and not if when we are very confident or expects too much. I like your initiative there mate. You are like Satoshi because he created BTC not for the money but for our sake and as a counter to fiats.

It looks like someone read a bit, right? Allow me to explain further. You're exactly right that there is a difference between a stable coin and one whose price doesn't change much. But keep in mind that BTC is more than just fluctuation. Such a trend is not controlled by any one government, even though policies can have an effect on it. But your comparison to Satoshi? Let's not put everyone so high up, please. Satoshi had a vision, sure, but BTC isn't just about countering fiat. It's a revolution. You are only seeing the very beginning 

Yes, comparing him to Satoshi is a bit of an exaggeration. Still, it wouldn't be bad to get some examples from Satoshi. Many of us embrace the understanding revealed by Satoshi and want it to be adopted all over the world.

Investment becomes more meaningful when it is made for a purpose. It is still necessary to be careful and invest wisely, just in case. We all believe in Bitcoin and know that the price will be much higher than it is now. It takes time for this to happen, and as time passes, the world will begin to keep up with this change.

[Pidgeon]

It's a shame that you limit it so that there is no middle way between the two options. Even though genies usually give 3 wishes, not two. But this seems like a different genie 

It's a fleshlight genie and one probably made in North Korea so what do you expect?

I will choose the second option, even though the price will forever be at $30,000, but every transaction that takes place has no interference from the government or central authority.

Between us to, and take no offense, how many exchanges have a mug shot of you and how many times have you sent all your docs including your address, the brand of snacks your dog eats and how high your metropormil level is to every single exchange that demanded it?
If you want freedom there are 500000 square miles of outback but everyone is eager on the dough, 30k and freedom, give me a rest!

[Morr1s]

I was at the beach after having my evening half rack, same boring night walk scavenging for forgotten or used fleshlights and I was thinking, what if instead of one of those magic toys I get my macho pride stuck in a genie bottle? But after hitting the genie so hard in his head probably he will only be able to grant me one wish, and that on shitty conditions, what if I asked him to make me richer then Satoshi but I'd have to choose:

- Bitcoin gets accepted everywhere, every government legalizes it, all mining is centralized, everyone must register every address with the local IRS, you're not allowed to send money outside legal addresses and miners are refusing those, every single transfer is taxed, the government can decide at any point to seize your coins and can do that with ease. BUT the value will go up 1000x times to 30 big ones!
- Bitcoin is not legal tender, but the genie makes it so that the government has no way and no intention of making any move against it, nobody is banning you from owning, nobody is taxing you, nobody cares about your KYC, AML, taxes, profit, any legal action against anything that involves Bitcoin is impossible and illegal, any seizure impossible as it would break the law, you're as free as one can be. But the price stays forever at $30,000.

No middle way, no trick, no further questions, no this or that, your choice and tell me why this and not that!

I would choose option 2. I think 30k is a normal price, but the price of anonymity is much higher.

[Pidgeon]

This bring back memories, everyone got their 70k in the pocket  up from 30k and Blackrock got 300 000 coins in just 3 months, guess that means a lot choose the IOU sheeple promise rather than freedom!

[darkangel11]

This bring back memories, everyone got their 70k in the pocket  up from 30k and Blackrock got 300 000 coins in just 3 months, guess that means a lot choose the IOU sheeple promise rather than freedom!

Plot twist: BlackRock got its bitcoin mostly from miners and GBTC. GBTC people had centralized bitcoin for years, so to them there's no choice. They started as sheeple and continue this way because most of GBTC and now BlackRock holders are institutions and people who have to declare every penny. They have assets that can be seized anyway, so even if that 1% they have in bitcoin is somehow immune to government intervention they're screwed anyway because the other 99% isn't.
You're asking us for an opinion, but I suspect nobody who posted in this thread owns bitcoin ETF shares.
I'd choose the decentralized option, but if I suddenly get the other one, so be it. It's not like I can protest.

[Fara Chan]

This bring back memories, everyone got their 70k in the pocket  up from 30k and Blackrock got 300 000 coins in just 3 months, guess that means a lot choose the IOU sheeple promise rather than freedom!

Blackrock has had more wins in this regard because the company has been buying Bitcoin for a long time and holding it until recently. And it is likely that these companies will also continue to buy up Bitcoin every day to achieve more extraordinary profits because they have seen and experienced for themselves the financial freedom they are getting now through Bitcoin so that everyone also deserves to see an example of what has been done. by the company in the past until now.

[Pidgeon]

You're asking us for an opinion, but I suspect nobody who posted in this thread owns bitcoin ETF shares.

Back when I started the topic there was no option for Bitcoin spot ETF, how things rolled on was beyond my expectations.

And it is likely that these companies will also continue to buy up Bitcoin every day to achieve more extraordinary profits because they have seen and experienced for themselves the financial freedom they are getting now through Bitcoin so that everyone also deserves to see an example of what has been done. by the company in the past until now.

Blackrock is not buying Bitcoin with their money, it sells promises of Bitcoin ownership to sheeple and fleecing them once more with taxes, all the coins Blackrock has are ought with investors money to dumb to own their own keys.

[harapan]

Bitcoin decentralization has made it more unique than any cryptocurrency and this is why it can't be manipulated by the government. Financial freedom is what majority of people  loves in bitcoin and the government don't like it that is why they are looking for any means to see if it is possible for them to control but no way because bitcoin is beyond their power. If it happens that they eventually find a way to centralized bitcoin,then it will no longer have its potential and the price will be controlled by them. But my happiness is that for it is impossible for them to make this happen. I hate anything centralized because there is no privacy.

The features of this decentralization is really a blessing to this age.Decentralization provides transparency,increased security,and the ability to operate without a central authority.
Decentralization platform allows for a secure identity verification and management,this platform allows users to control their personal information and share it with trusted parties without interference from intermediaries like the bank.The approach offers privacy,security and comfortability when necessary and I enjoy every bit of it.
 

[YUriy1991]

Blackrock has had more wins in this regard because the company has been buying Bitcoin for a long time and holding it until recently. And it is likely that these companies will also continue to buy up Bitcoin every day to achieve more extraordinary profits because they have seen and experienced for themselves the financial freedom they are getting now through Bitcoin so that everyone also deserves to see an example of what has been done. by the company in the past until now.

Related to what you said above, not only Blackrock but there will be other large financial institutions that will follow because they have seen the potential value and other great benefits in Crypto assets besides BTC lovers themselves and  they know that BTC is the key to success and of course they are also able to feel the great potential of BTC long before they buy it where the future conditions of the global economy continue to change and can be unstable.

For financial freedom and sovereignty now it feels right to wait for the right time timing to prioritize Bitcoin accumulation as much as possible also by seeing market trends and halving are also so close in sight.

[Bitco55]

I was at the beach after having my evening half rack, same boring night walk scavenging for forgotten or used fleshlights and I was thinking, what if instead of one of those magic toys I get my macho pride stuck in a genie bottle? But after hitting the genie so hard in his head probably he will only be able to grant me one wish, and that on shitty conditions, what if I asked him to make me richer then Satoshi but I'd have to choose:

- Bitcoin gets accepted everywhere, every government legalizes it, all mining is centralized, everyone must register every address with the local IRS, you're not allowed to send money outside legal addresses and miners are refusing those, every single transfer is taxed, the government can decide at any point to seize your coins and can do that with ease. BUT the value will go up 1000x times to 30 big ones!
- Bitcoin is not legal tender, but the genie makes it so that the government has no way and no intention of making any move against it, nobody is banning you from owning, nobody is taxing you, nobody cares about your KYC, AML, taxes, profit, any legal action against anything that involves Bitcoin is impossible and illegal, any seizure impossible as it would break the law, you're as free as one can be. But the price stays forever at $30,000.

No middle way, no trick, no further questions, no this or that, your choice and tell me why this and not that!

Ok... This is funny and serious at the same time  .

Let me imagine with you. If the price of Bitcoin goes up 1000x times and it's centralized but can be seized at any moment by the government for no good reason, then that's the most annoying type of bondage ever. The truth is that even if everyone gets addresses and is forced to use Bitcoin a lot of people would go into trading to own fiat quickly. In fact, many people would lose their faith in Bitcoin very fast and in the long run, the price of Bitcoin would drop drastically.

But even if the price of Bitcoin remains at $30,000 it has more worth and freedom at that point. How much can one accumulate before being financially free, but the first option may never make you financially free.

So my option is the second.
 

[jcojci]

The features of this decentralization is really a blessing to this age.Decentralization provides transparency,increased security,and the ability to operate without a central authority.
Decentralization platform allows for a secure identity verification and management,this platform allows users to control their personal information and share it with trusted parties without interference from intermediaries like the bank.The approach offers privacy,security and comfortability when necessary and I enjoy every bit of it.

But the government will not stand by and watch it all. They could ask for verification of crypto users, especially if they withdraw profits from the exchange to their bank accounts. We as crypto users can find it difficult to find a decentralized platform that is truly trusted because the government will monitor it non-stop.

If a third party can provide trusted services for crypto users, especially for withdrawing money, that third party will help crypto users without any government interference. Maybe the bank will ask crypto users who have bank accounts to explain the origin of the funds entering their bank accounts.

[peter0425]

- Bitcoin gets accepted everywhere, every government legalizes it, all mining is centralized, everyone must register every address with the local IRS, you're not allowed to send money outside legal addresses and miners are refusing those, every single transfer is taxed, the government can decide at any point to seize your coins and can do that with ease. BUT the value will go up 1000x times to 30 big ones!
- Bitcoin is not legal tender, but the genie makes it so that the government has no way and no intention of making any move against it, nobody is banning you from owning, nobody is taxing you, nobody cares about your KYC, AML, taxes, profit, any legal action against anything that involves Bitcoin is impossible and illegal, any seizure impossible as it would break the law, you're as free as one can be. But the price stays forever at $30,000.

No middle way, no trick, no further questions, no this or that, your choice and tell me why this and not that!

I’d choose the first one to be honest. I can just take my profits and dip and let the government do whatever it wants to it. The second one will not allow for any profits but you can still use it as a secret currency kind of.

Which to be honest I have really not much use of if it is not considered as a legal tender in my country. So I’d rather just have massive returns.