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Author Topic: Hate speech and it impacts on bitcoin  (Read 583 times)
lionheart78
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September 23, 2023, 09:35:33 PM
 #41

There is a lot of hate thrown on Bitcoin but it is all futile because Bitcoin keeps on promulgating.  This simply means that hate speech are almost has no effect on Bitcoin adoption.  Not all people are stupid enough to believe all thrown accusations against Bitcoin. In the end, most of these hate speech are proven wrong because the institutions and government are now leaning toward accepting Bitcoin and even creating regulations on how to adopt it without any conflict to its existing laws.
Hate speech from ordinary individuals may not have any significant repercussions. However, what about hate speech coming from influential figures like Elon Musk or Bill Gates? This could be a concerning practice, whether it's part of a calculated tug-of-war or an outright attempt to undermine. Bitcoin is still in its nascent stages, and despite its growing adoption, a fundamental issue it may face is the potential for price manipulation.

Price manipulation always exist in any trade so I am not surprised if the Bitcoin market is not exempted.  I am talking about the effect of hate speech on Bitcoin adoption. There are lots of influential people who undermine Bitcoin and even state that it is a rat poison, in addition, some government restricts and ban the use of Bitcoin and Bitcoin mining, but despite that, Bitcoin adoption is still promulgated.

We all aspire to live in a just world, but those with higher levels of power also seek greater gains. I wouldn't characterize this as a threat to new users, but rather as a objective consideration of the worst-case scenarios that could unfold.

These high-level power who seek greater gains by demeriting Bitcoin is always even out by the true facts about the nature of Bitcoin.  There are also influential people and high government officials that are pro Bitcoins that can even out the impact of the elite opposition.
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September 23, 2023, 09:42:02 PM
 #42

Generally, however, hate speech is any form of expression that discriminates against minorities by abusive or threatening speech. Although some countries define hate speech as speech or act that promotes violence.

Many people have come up with their own personal attack against bitcoin through hate speech and the governments also have in their own way contributed in making this same attack on bitcoin, but no any amount of these attacks aimed on bitcoin ever stand because bitcoin is a digital currency that is independent of their various individual speech, this make the bitcoin network rather to be more stronger the more the attack, the more the adoption increases
The funny rule of life is that people don't actually hate what is not good  so the massive hate bitcoin is actually received is because they know it's very fruitful and good and that's why it's getting all the hate and it's a common phenomenon because it's goes around for everything not only bitcoin but the good part of it is that as long as their are people who also uses and vouch for it then it's improvement is still certain.
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September 23, 2023, 09:58:04 PM
 #43

Op lately I made a little finding about why so many people are against Bitcoin within my localty and I was shocked to understand that these people actually hate Bitcoin for no reason infact the majority of those who speak I'll about Bitcoin are those who has never had any investment experience, trading experience, people who don't understand anything about Cryptocurrency. Imagine someone hating Bitcoin because he was told that it is a scam when he has never been scammed before, I think the major reason why Bitcoin is been hated is because it has not been generally accepted by the governments I believe when it is pronounced as a legal tender in all the countries of the world even those who has come publicly to make hate speech against Bitcoin will be the first to embrace the change.

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September 23, 2023, 10:02:15 PM
 #44

Those who support (pro) bitcoin and those who are against bitcoin always have a clash in speech. Those who hate bitcoin see bitcoin as a scam and other crime scheme. So with their view on it they see bitcoin users as scapegoat, criminals and money laundering and some special advisers in the government see bitcoin from this perspective so they advised the government to ban bitcoin in their country. And this cause a social trauma between these two groups.
Upon all these bitcoin is still gaining ground in the ecosystem. Therefore, hate speech cannot do anything to bitcoin again.

Those who hate Bitcoin are people without mind in their heads because someone who has a little knowledge about finance and freedom would accept Bitcoin without any obligation. I would consider them arrogant because they really missed a great invention due to their own stupidity. Those days are long gone when people considered Bitcoin as a scam or something that can go zero in value anytime. Now most of the people accept the fact that Bitcoin is the future and many skeptical people have invested in Bitcoin.
This is more to say, that everyone has the right to choose whatever or believe what they want, we are not to force anyone to stop hating Bitcoin, other than correcting them on what they don't know about bitcoin. If the so-called haters like, let them have a bad opinion about bitcoin, they can't stop it shining to soar higher. They can only hate but not destroy Satoshi's creation of digital currency that is on the mission to bring financial freedom to the world. By the way, nobody is forcing another to have a transaction with bitcoin. It is all about the choice to make and doesn't make anyone so stupid about it.

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September 23, 2023, 10:19:18 PM
 #45

I don't know where do you live, or where have you heard that some Bitcoin discussion has led to some discrimination, abusive, threatening, or even violence. To be frank, I think you are exaggerating here, sure some people don't like Bitcoin, and they spread FUD about it, saying Bitcoin is bad and everything, but they I have never in anytime of my live seeing someone threaten other person just because they have disagreement, I would be very happy if you can enlighten me with some real case with source.


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September 23, 2023, 10:22:28 PM
 #46

I don't think there is hate speech in Bitcoin or against Bitcoin. I just see it that there are people with opposing opinion which is just what it is. It cannot be classified as a hate speech in my opinion. I choose to see it people don't like Bitcoin and so their so called "hate-speech about Bitcoin is just a result of lack of understanding.

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September 23, 2023, 10:46:34 PM
 #47

Op lately I made a little finding about why so many people are against Bitcoin within my localty and I was shocked to understand that these people actually hate Bitcoin for no reason infact the majority of those who speak I'll about Bitcoin are those who has never had any investment experience, trading experience, people who don't understand anything about Cryptocurrency. Imagine someone hating Bitcoin because he was told that it is a scam when he has never been scammed before, I think the major reason why Bitcoin is been hated is because it has not been generally accepted by the governments I believe when it is pronounced as a legal tender in all the countries of the world even those who has come publicly to make hate speech against Bitcoin will be the first to embrace the change.
It becomes a kind of brainwashing against Bitcoin and how it looks bad with a lot of doubts and thinking of it as just a fraudulent digital currency.
Such a mindset also grows because of their bad experience with Bitcoin or other crypto investments so they assume anything about crypto is a scam, even though they as beginners never learn from mistakes and scapegoat Bitcoin or crypto as fraudulent investments.

Regulations provided by the government also affect a person's mindset towards Bitcoin and will have a visible impact.

-snip-
By the way, nobody is forcing another to have a transaction with Bitcoin. It is all about the choice to make and doesn't make anyone so stupid about it.
Those who make the decision to invest in Bitcoin and end up with losses may become bitcoin buyers, but when they succeed they will become new investors who continue to believe in Bitcoin.
It's all about each person's choice, those who know how crypto works won't be foolish enough to hate Bitcoin.

 
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September 24, 2023, 12:58:35 AM
 #48

The only person who can give a fuck to hate speech against Bitcoin is a newbie who is not yet grounded in the knowledge of Bitcoin. Apart from that, already existing and experienced Bitcoiners don't fucking care about hate speech or not; everyone knows what they want. If someone does not like an asset or Is not investing in it does not mean that asset is a scam, but well, it's normal to criticize; perhaps it's freedom of speech. Some people who invest only in stocks criticize Bitcoiners as people who are taking the worst risk for investing in something they can't physically see or touch, but despite all those criticisms, Bitcoin still remains a great asset.

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September 24, 2023, 02:55:27 AM
 #49

Uneducated individuals has always something to say with Bitcoin. That is not new, because it has been with these kind of people even before Bitcoin was born. They are those people who has fear and doubt on investments. I think they do not have the courage to give a try on how things will work with Bitcoin.

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September 24, 2023, 03:08:26 AM
 #50

There are obvious statements of hate, but how about speaking ill of institutions, systems, and practices that are obviously ill? Isn't that just speaking of the truth? Isn't that even called for?

It would be best if Bitcoin supporters only promote Bitcoin in such a way that they would just mention the features of Bitcoin and let the people freely decide whether to embrace it or not. However, Bitcoin is a solution to a problem. It's very hard to explain Bitcoin without mentioning the monetary and financial maladies that the current societies have.

Is it possible to explain antibiotics without mentioning bacterial infections? How can we explain Bitcoin without pointing out the evils and abuses of central banks, fiat currency, third party institutions, and others?

After all, Bitcoin isn't just another innovation born out of our creative imagination; it is a technology born out of urgent necessity.

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September 24, 2023, 03:42:54 PM
 #51

There are obvious statements of hate, but how about speaking ill of institutions, systems, and practices that are obviously ill? Isn't that just speaking of the truth? Isn't that even called for?

It would be best if Bitcoin supporters only promote Bitcoin in such a way that they would just mention the features of Bitcoin and let the people freely decide whether to embrace it or not. However, Bitcoin is a solution to a problem. It's very hard to explain Bitcoin without mentioning the monetary and financial maladies that the current societies have.

Is it possible to explain antibiotics without mentioning bacterial infections? How can we explain Bitcoin without pointing out the evils and abuses of central banks, fiat currency, third party institutions, and others?

After all, Bitcoin isn't just another innovation born out of our creative imagination; it is a technology born out of urgent necessity.
Ensuring that the majority stays under their control has been a decades-long goal of the financial giants and established institutions. The very creation of Bitcoin is a denial of such flawed systems. Its not about promoting Bitcoin blindly; its about opening people's eyes to the covert corruption and insidious practices of these "trusted" institutions.

While some say, "Just promote Bitcoin's features", thats like telling a revolutionist to speak softly. No! These issues (financial injustice, arbitrary central bank regulations, intrusive third-party institutions) are more than simply platitudes; they're the very reason Bitcoin exists. How can they possibly try to break free if the world isnt aware of the bonds that bind them?

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September 25, 2023, 04:22:28 PM
 #52

Generally, however, hate speech is any form of expression that discriminates against minorities by abusive or threatening speech. Although some countries define hate speech as speech or act that promotes violence.

However everyone has the right to freedom of expression and opinion, although freedom of speech is limited for the promotion of peace because it causes harm and disunity. Hate speech can cause physical harm to its victims when violence is involved and can also cause disunity.

The (CERD) committee on the elimination of racial discrimination was the first to address hate speech and the need to build regulation, prohibiting and provocative types of language. This committee intervene and yet hate speech still continue in our society today.

Those who support (pro) bitcoin and those who are against bitcoin always have a clash in speech. Those who hate bitcoin see bitcoin as a scam and other crime scheme. So with their view on it they see bitcoin users as scapegoat, criminals and money laundering and some special advisers in the government see bitcoin from this perspective so they advised the government to ban bitcoin in their country. And this cause a social trauma between these two groups.
Upon all these bitcoin is still gaining ground in the ecosystem. Therefore, hate speech cannot do anything to bitcoin again.
Although we are free to say what we want but we should avoid expressing an idea that threatens or insults association (hate speech)

Actually people are always afraid of weird novel things, btc is not an exception. I'd rather not consider haters as a threat to btc, since any project needs to be continuously criticized in order to become better... So, in general, telling bad things about btc won't lead to banning bitcoins, and vice versa: if any hate speech against btc will be banned, it doesn't mean that btc itself won't be banned at some point. Cryptoprojects are not the thing to adore or to hate, they are just financial tool...

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September 29, 2023, 01:21:53 PM
 #53

It is very normal for the government to be against bitcoin and to protest against it so it can be shutdown in their country. There has been so many hate speeches overtime by the government. as they cannot have total control of it, they are just looking for ways to bring it down.

Whatever they say or do will not change or stop anything in the bitcoin world, simple.
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September 29, 2023, 01:43:06 PM
 #54

However everyone has the right to freedom of expression and opinion, although freedom of speech is limited for the promotion of peace because it causes harm and disunity. Hate speech can cause physical harm to its victims when violence is involved and can also cause disunity.
Some countries actually make laws for the problem of hate speech against other people and usually many people get trapped when they say something about other people on social media. Hate speech is one of the factors that causes division between people and often this has a big impact when the problem becomes widespread and it is appropriate for everyone to avoid hate speech towards other people if they don't want to get in trouble with the law

The (CERD) committee on the elimination of racial discrimination was the first to address hate speech and the need to build regulation, prohibiting and provocative types of language. This committee intervene and yet hate speech still continue in our society today.
Racism and hate speech are things that people really don't like because they involve other people's good names. It is appropriate for this special regulation to be made so that the fulfillment of a person's right to life is guaranteed and there is no more discrimination, racism and hate speech prevailing in society, although sometimes the existence of regulations cannot necessarily suppress this. At least it can reduce hatred towards other people and establish good relations between humans because humans are essentially the same without having to differentiate between race, ethnicity and religion.

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September 29, 2023, 02:55:58 PM
 #55

Some countries actually make laws for the problem of hate speech against other people and usually many people get trapped when they say something about other people on social media. Hate speech is one of the factors that causes division between people and often this has a big impact when the problem becomes widespread and it is appropriate for everyone to avoid hate speech towards other people if they don't want to get in trouble with the law

You mean people are united only if the government imposes censorship and limits what can or cannot be said? How does hate speech cause division exactly? It's just a manifestation of peoples thoughts and opinions (however ugly they might be). And maybe division is not necessarily a bad thing. Would you like to be united with people you fundamentally disagree with and help them achieve their goals? Probably not.

Hate speech laws almost always evolve into some form of a censorship, when you no longer can express an opinion even if it's not target at anyone directly. Is publicly stating that e.g. you don't support gay marriage a hate speech? Who is to decide that? 


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September 29, 2023, 08:24:30 PM
 #56

The (CERD) committee on the elimination of racial discrimination was the first to address hate speech and the need to build regulation, prohibiting and provocative types of language. This committee intervene and yet hate speech still continue in our society today.
Racism and hate speech are things that people really don't like because they involve other people's good names. It is appropriate for this special regulation to be made so that the fulfillment of a person's right to life is guaranteed and there is no more discrimination, racism and hate speech prevailing in society, although sometimes the existence of regulations cannot necessarily suppress this. At least it can reduce hatred towards other people and establish good relations between humans because humans are essentially the same without having to differentiate between race, ethnicity and religion.
Racists try to make sure that they turn their situation into "facts" and so that would mean that's not racism. I am not American nor have I ever been to America, so I can be objective and tell you about blacks in America for example.

When someone says "they are the ones who commit the most crimes, that's a fact" they do not really tell you why that is true, why they do that, nobody questions the fact that about until 150 years ago they were slaves, about 50 years ago they weren't equal, and about 20-30 years ago FBI (this is official report) murdered successful black people to make sure whites stay powerful, they do not talk about ALL towns burning because they were black oriented and did well. Then they tell you oh they commit crime, of course they do, you left them nothing else.

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September 29, 2023, 09:02:50 PM
 #57

Actually people are always afraid of weird novel things, btc is not an exception. I'd rather not consider haters as a threat to btc, since any project needs to be continuously criticized in order to become better... So, in general, telling bad things about btc won't lead to banning bitcoins, and vice versa: if any hate speech against btc will be banned, it doesn't mean that btc itself won't be banned at some point. Cryptoprojects are not the thing to adore or to hate, they are just financial tool...
I do not even see how the OP linked those two subjects together as they have nothing to do with each other, if people out there want to criticize bitcoin and its users then let them, if they do not think bitcoin serves any function they can actually use for their benefit then most likely they are right, as someone that does not care for their privacy and that is fine with the possibility of the banks stealing their money one day out of nowhere and that likes for their transactions to be monitored to the smallest detail has no use for bitcoin.
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September 29, 2023, 09:57:33 PM
 #58

Haters, spreaders of FUD, or whatever you call them. They're all entitled to their opinions about Bitcoin, they're not like us who have nothing against Bitcoin.
But the worrying part is that when they start to disseminate misinformation. However, with the technologies that we have today and with people being smarter and wiser, these haters who are just there to spread FUD are being verified. This is the practice of everyone these days. The good thing for them is that no one will sue them as bitcoin is decentralized and even its inventor satoshi won't sue them for telling hate speech against Bitcoin.

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September 29, 2023, 10:25:59 PM
 #59

Those who hate Bitcoin are people without mind in their heads because someone who has a little knowledge about finance and freedom would accept Bitcoin without any obligation.
Since some people are quick to adopt what other people say without trying to find out reasons of their own, the hate speech may make some people never know what bitcoins really are. But the people that hate bitcoins are helping bitcoin in a way because anytime they express their hatred for bitcoins, people will always wonder why they hate the thing called bitcoin so much. They may indirectly be helping to tell people about bitcoins and raise the interest of people to want to know what bitcoins are.

Freedom of speech is very powerful like the people event known yet the bitcoin can possibly gain an information through sharing of thoughts, experience and etc. If the people surrounded with have the capabilities to manage bitcoin properly know the bitcoins essential like more on positive side there's a chance that they will adopt the bitcoin too because they know already the good feedback but if that person receiving more on rants, hate and bad thing they possibly do the same thing even they don't experience it on the first hand. Include too those movies and other entertainment that use Bitcoin.

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September 29, 2023, 10:34:22 PM
 #60

Haters, spreaders of FUD, or whatever you call them. They're all entitled to their opinions about Bitcoin, they're not like us who have nothing against Bitcoin.
But the worrying part is that when they start to disseminate misinformation. However, with the technologies that we have today and with people being smarter and wiser, these haters who are just there to spread FUD are being verified. This is the practice of everyone these days. The good thing for them is that no one will sue them as bitcoin is decentralized and even its inventor satoshi won't sue them for telling hate speech against Bitcoin.

It is indeed worrying when the mainstream media starts to spread misinformation about Bitcoins but this can be countered by research. Since Bitcoin information is all around the internet, the institution that carries the task of misinformation will become unreliable.  So they will have their ratings down and people will more likely ignore this institution's announcement. This kind of method of misinformation will have only a temporary effect but eventually will be refuted by facts.  This will backfire to the institution that release that misinformation and may probably seen as not credible institution.


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