HeRetiK
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April 11, 2024, 09:26:43 AM |
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Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?
The way I see it it's the other way round, ie. Bitcoin having infiltrated the global elite. Though that is, imo, too monolithic a term, which is why we are seeing regulation and demonization at the other end of the spectrum, ie. pushback by the parts of the owning and governing class that have not yet aligned their interests with Bitcoin. I do agree that the slow descend towards further and further centralization is a concerning one (ie. the step from cex to etfs) but to be honest in that case it's on us to steward and promote self-custody over complacency.
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Ayers
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April 11, 2024, 10:50:03 AM |
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Is Bitcoin really freedom money?
I'm not pessimistic, but I think we will soon see that bitcoin is no longer an asset that poor people can own like before, let alone bitcoin will still be freedom money. If someone says that gold or real estate is the playground of the rich, sooner or later bitcoin will be their playground. Once bitcoin becomes popular, it is inevitable that large organizations and governments will jump into the game and they will control the game. After all, everything in this world is converted and measured in money, bitcoin is no exception. And the rich will have many ways to take all the poor people's bitcoins like they did with gold.
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sunsilk
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April 11, 2024, 10:53:55 AM |
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There's even one opinion that I've read before about what if Bitcoin was actually made by the FED. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Is Bitcoin really freedom money?
Actually, it is. You hold your own Bitcoin which is your money and you're free to spend them anytime without having the worry that someone might lose it but only you. Considering how banks are keeping our money and they take advantage of it as their service. Us, we hold it for the actual safe keeping that no third party is involved.
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Marvell1
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April 11, 2024, 12:49:10 PM |
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There's even one opinion that I've read before about what if Bitcoin was actually made by the FED. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Too many theories about bitcoin, I have also heard some opinions that bitcoin was created by the FBI and now there is a more attractive hypothesis that bitcoin was created by the FED, LOL. I don't believe in any theory because I believe that those centralized organizations always seek to control us, so why would they create something for everyone that even they cannot control? If you wanted to control and manipulate people, would you create something that even you couldn't control? No one is stupid enough to shoot themselves in the foot like that. Bitcoin is bitcoin, it's decentralized and who created it, who is Satoshi, everything doesn't matter anymore.
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btc78
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April 11, 2024, 01:02:02 PM |
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Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?
I do not think so. Yes there are many investors who are capable of buying lots of coins and therefore gaining more profits than those average citizens that can only buy smaller units of bitcoin which are satoshis. But I believe that the very fact that many can now buy into bitcoin because we can buy in small amounts means that bitcoin does not entirely belong to the rich. Back then with all the other investments, you can only venture out into those if you have huge capital but now it’s just not true anymore.
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sunsilk
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April 11, 2024, 01:21:56 PM |
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There's even one opinion that I've read before about what if Bitcoin was actually made by the FED. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Too many theories about bitcoin, I have also heard some opinions that bitcoin was created by the FBI and now there is a more attractive hypothesis that bitcoin was created by the FED, LOL. I don't believe in any theory because I believe that those centralized organizations always seek to control us Don't worry they're theories but one thing is for sure satoshi created Bitcoin. And another fact is that we will never know who satoshi actually is or are. so why would they create something for everyone that even they cannot control? If you wanted to control and manipulate people, would you create something that even you couldn't control? No one is stupid enough to shoot themselves in the foot like that.
I don't know, only them can answer that but are they the creators of it? they're just rumors and opinions as I've said so nothing to get serious with that. Bitcoin is bitcoin, it's decentralized and who created it, who is Satoshi, everything doesn't matter anymore.
And props to the contributors that helped satoshi perfect it including Hal.
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Smartprofit
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April 11, 2024, 01:40:02 PM |
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In my opinion, representatives of the financial and bureaucratic elite did not pay enough attention to the emergence of Bitcoin in 2009 - 2011. Bankers and politicians were busy dealing with the fallout from the 2008 global financial crisis. At the same time, the most insightful people predicted in advance the emergence of innovations at the intersection of finance and information technology precisely during this time period. Once it became clear that Bitcoin was a big deal, bankers tried to take control of the first cryptocurrency (through futures, regulated cryptocurrency exchanges, regulations, etc.). They partially succeeded... But Bitcoin still retains its original rebellious nature.
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Mauser
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April 11, 2024, 01:45:03 PM |
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Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?
There is clearly a global agenda to gain control of populations, through every possible means. IMO, you have to very ignorant at this point to think otherwise.
Is Bitcoin really freedom money?
I don't think this is anything new.. Elon Musk for example had been invested in crypto currencies for many years now. He like to send prices prices to the moon with his tweets and also sends them crashing again. He is just one of the loudest high networth investors that share their opinion publicly. There will be other rich investors like him that buy their coins in private and don't tell the world about it. Without there money buying coins at the current levels it would be hard for us to take profits. I wouldn't worry too much about the rich, in the end it's our decision if we want to sell or not.
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kryptqnick
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April 11, 2024, 02:05:25 PM |
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I don't believe in global elites, global "agenda to gain control of populations" and all that stuff, so to me, this question doesn't really make sense. There are objective things, such as net worth of certain people and capitalization of certain companies, or that money is a valuable resource that can buy a certain amount of influence. In that case, yes, we can see that Bitcoin is becoming interesting to powerful companies and powerful people, but that's been going on for years and their goals are primarily more pragmatic (making even more money) than controlling humanity. Bitcoin is still freedom.
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gunhell16
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April 11, 2024, 02:29:14 PM |
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Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?
There is clearly a global agenda to gain control of populations, through every possible means. IMO, you have to very ignorant at this point to think otherwise.
Is Bitcoin really freedom money?
Many people now believe in Bitcoin and the potential it has, just think about the institutional investors that this is one of their investments that can bring profit. That means Bitcoin is not just random. Now, I believe that if you have bitcoin you are something else. If the billionaire people are interested in this, especially the people who are not rich are accumulating Bitcoin little by little.
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Lida93
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April 11, 2024, 02:30:52 PM |
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Elitist class are never contented with the wealth they have amassed so it's not surprising they are also involving largely in the bitcoin market to take advantage of the profits from the volatility in the market, and by their already made wealth networth you should know they will have the greater portion of bitcoin becoming the whales.
Bitcoin ownership is not segregated exclusively to a distinct class of people, it is an open market for all who are interested to be a part of, both the low and mighty. What I expect those of us little fish in the ocean among whales is to relentless embark on unending accumulation of bitcoin for the future, it is only by so doing that we all can by our total number match at level or above the whales therefore weakening their liberal manipulation of the market. The names op mentioned above those individuals and organizations are also here to scoop from bitcoin honeypot just like you the little fish, don't be deceived.
However, just because the whales do manipulate the market doesn't make them have control of bitcoin neither the population. Have you wondered why the government policies are geared constantly against bitcoin decentralization? They wouldn't do that if underneath they have a control of it and it population.
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bluebit25
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 11, 2024, 02:50:44 PM |
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Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?
First of all, I just saw you asking this question and I've never thought about it, but I also agree that there are many similar questions to you. Is Bitcoin really freedom money?
Bitcoin is Bitcoin, and the way we view it is just the way we know what we know, and over time the adoption process opens up or maybe in that direction resistance, and this cycle keeps appearing at each stage. A reality that I want to express if it is not free then who is in control? There are things that I see that complicate the point of view, maybe someone/group manipulates prices but in all honesty they cannot dominate the entire field. And at the individual user level, I feel more adaptable to everything that's going on instead of being skeptical.
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Plaguedeath
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 11, 2024, 03:02:42 PM |
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That's really a wild speculation.
If Bitcoin has been infiltrated by Global Elite, Bitcoin price should be ridiculously high right now because with few Global Elite, they can buy all of existed Bitcoin. Since they're filthy rich and don't need to worry about money anymore, they can hold Bitcoin in entire their life.
Bitcoin is still a freedom money, there's no mining pools own more than 50% hashrate.
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Yaunfitda
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April 11, 2024, 03:22:01 PM |
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Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?
There is clearly a global agenda to gain control of populations, through every possible means. IMO, you have to very ignorant at this point to think otherwise.
Yeah, when this big companies enter the picture, it seems that Bitcoin has the whales and this big institutions willing to commit. Is Bitcoin really freedom money?
If you mean sound money? yeah perhaps, but the end game here is that everyone wanted to make profits. And that's why those who are early adopters have all the advantage specially if they amassed large quantities and could still be holding up to this game as the rules have change already when this big boys enter the market. However, we, retail investors can still consider it freedom money, at it can give us "financial freedom".
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m2017
Legendary
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Merit: 1386
Crypto Casino and Sportsbook
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 11, 2024, 03:33:39 PM |
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Between chain analytics companies, BlackRock, Saylor, centralized exchanges/government approval, demonizing/de-listing of privacy coins & wallets....etc, one has to wonder...has Bitcoin been infiltrated by global elite?
Just don’t say that the “ global elite” is to blame for everything. What prevented the world's population from starting to use bitcoin as a payment means from the very beginning? Nothing. These guys just decided to make some money. As everybody. If you have hold bitcoin, then why do you save it and not use it as payment? Because you are waiting for the moment to sell at a higher price. Are you also a member of the global elite? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) There is clearly a global agenda to gain control of populations, through every possible means. IMO, you have to very ignorant at this point to think otherwise.
I'm ignorant enough at this point to think otherwise. To establish control over the population in all possible ways, the global program must be accepted by elites from different countries, but they can't agree among themselves even to solve less significant problems and compete with each other much more often than unite. Therefore, I ignorantly state that something similar may exist within countries, but is certainly not united throughout the world. Is Bitcoin really freedom money?
Bitcoin is not money at all, but more of a digital security (investment asset) of a technology company called bitcoin. Bitcoin provides, to some extent, financial freedom independent of the traditional banking system, but bitcoin, unfortunately, can't yet exist as a full-fledged independent system, completely unrelated to the traditional financial sector. I doubt that this will ever happen, because the process of merging these two systems is already underway. You were waiting for institutional investors, right? Well, this is where the merger began.
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stompix
Legendary
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Activity: 3010
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Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 11, 2024, 03:37:06 PM |
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Well, can you stop the rich people and institutional investors from buying BTC? The obvious answer is no.
In fact, you shouldn't be able to stop any person on this planet from buying BTC. But, but, we want our own Bitcoin, with blackjack and hookers!!!! Isn't it funny when you praise something for being permissionless, decentralized, free from censorship, and then the second thought it to not allow things you don't like because.... reasons! Every single time I read these things I can still hear in my head how one guy said that people don't get what freedom is till they finally get a true sample of literally no freedom, then is the moment they understand how things truly are. And yeah, bitcoin is true "freedom money". This means that as long as you have money, you're free to invest in it, the elites or the reptilians or anyone else won't change the other facts about money, like when you have no money you can't have Bitcoin either, and the ones having more money can't have more bitcoin than others. A truly free economy, but seems like the same type that cheered for it now hates it.
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Oneandpure
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 11, 2024, 04:02:29 PM |
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Bitcoin have been popular digital currencies transaction and success adopting as payment transaction, its make global elite from politician, businessmen, government until bigger companies want to adopt bitcoin and most of them make as investment assets for the future. Its not problem when bitcoin have been inflitrated by global elite because indirectly they had promote or advertised bitcoin become more popular behind how thousand their follower on social media allow their activities. I am pleasure with many global elite make bitcoin become more popular but just reminder with bitcoin supply can't easily dominance by them and current bitcoin keep balance with the holder between personal investor or global elite investors. No worry with every years increasing of global elite interested for investing in bitcoin and they want to make bitcoin become more popular in the future by advertising to their fans.
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Cryptomultiplier
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April 11, 2024, 06:00:40 PM |
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That's really a wild speculation.
If Bitcoin has been infiltrated by Global Elite, Bitcoin price should be ridiculously high right now because with few Global Elite, they can buy all of existed Bitcoin. Since they're filthy rich and don't need to worry about money anymore, they can hold Bitcoin in entire their life.
Bitcoin is still a freedom money, there's no mining pools own more than 50% hashrate.
The only control over BTC I see is that people are willing to buy a larger amount of it and keep as investment for future prospects since it has yet to lose its value. They often sell when it is right for them, mostly with their own prices when there's much demand for it and it is the price control for me that is the control they have at the moment. Also, with BTC being regulated by the government agencies of any particular country, the global elites who I assume are the wealthy class and the more educated class, would be expected to pay tax from crypto profit too. I know BTC is mostly used by the class of elites who understand how it works and can do amazing things with it on the blockchain or off the Blockchain, but I doubt there's any infiltration, just investors owning some and using it to their advantage.
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oktana
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April 11, 2024, 09:40:05 PM |
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Bitcoin has been created and it is immutable. You can’t change the design so it is freedom money indeed and it won’t change. They may try to infiltrate it through various means but the actual decentralization of Bitcoin can’t be tempered. Centralized exchanges is one way the authorities can get in, but if you stick with decentralized exchanges, no one’s going to know what you’re doing. Is Bitcoin really freedom money?
I personally see BTC as simple, BTC is one of the investment choices that visually the concept is finally able to give us benefits if done patiently and able to encourage financial freedom in the end. On the other hand, BTC is indeed one of the attractive investment options, both the public in general and the global elite in particular especially with the presence of blockchain technology innovations like today, then another point of view there is also great profit potential if you invest in it, but this will also not run away from the basic concept. The concept is free money, free from the control of any third party and is still relevant in my opinion. We’re talking about Bitcoin as “money” in this context.
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so98nn
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 11, 2024, 10:16:36 PM |
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We can't claim that when we are using decentralized asset. I mean they have no control on it, they are just buying it in the bulk. In fact it is best thing to have these elites because they are the one who are introducing huge purchase orders and thus creating amazing resistance to the Bitcoin prices. So the question is why would we want them to consider as infiltrator of the system..
In every industry there are rich peeps who would be contributing in someways whether we are jealous about it or not. They are big players, they are not some villains out of movies who are sitting in their classy glass offices and thinking about how to loot the market today. They have proper agendas, forecasts and market analysis that keep them informed about when to invest and when to be silent about it.
I highly doubt we should be worried about them at any given time while investing our money.
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