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Author Topic: Do you trust bitcoin holders?  (Read 1412 times)
oktana
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May 18, 2024, 11:39:53 PM
 #101

I’m not sure it’s right to straightforwardly say anti-government. We are the ones putting the tag on it. The whitepaper talks about how Bitcoin removes the middleman from the equation. And it is us who decides who we want to see as the middle man. For me it’s the banks that are the middlemen and the government (because they have the power) get into the business of the bank so it seems they work together. So if your money is direct to you and no body managing it for you, only you can spill information about your account balance, and the rest there is to know.
Own it my brethren, bitcoin is freedom for the people and the government don't really like that there's a way for the people to get out of their grasp, it's the worst of things that they try and suppress people that uses bitcoin, that's clearly an attack to our right to become an individual. Banks are an arm of the government so I think that you're still an anti-government if you seriously hate them, they're an archaic system and they need to be gone soon, they're the main reason why we have bitcoin after all, to eradicate the banking system that only benefits the few.

I wouldn’t necessarily say hate as well. I mean, if really we hate the bank then we would entire stop visiting them, but that’s ironic because you are using the fiat that comes through them anyways. So I’d rather say it’s more of being smarter than the bank and government would expect you to be. They want to have your records, but you know to use cryptocurrency, when you need to use fiat, you go through that route. And if you have the chance you’d rather use cryptocurrency for all payments and transactions. Also, Bitcoin wasn’t created to eradicate the banking system.
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May 19, 2024, 10:27:28 PM
 #102

Since bitcoin promotes mostly anti-government, banks, etc.


I am wondering; Do you trust bitcoin holders?


Well you have a point.
I can speak on my own actually I believe my self and the thing is that we need to trust ourselves, because we all bitcoin holders to each other, because I can think that majority of Bitcoin holders are not anti_government or anti_bank.

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May 19, 2024, 11:07:47 PM
 #103

Since bitcoin promotes mostly anti-government, banks, etc.

I am wondering; Do you trust bitcoin holders?
This isn't a good way to go about creating a topic. It lacks a lot of content to it and one has to go in and over his head to get what it is about to be discussed.
I'll suggest you take a close look at how other users on the forum, especially the ranked users go about topic creation and composure, it would help you a lot and your writing skills as well.

Also, do well to understand concepts and terminologies so you would know how to use them and how they apply.



Bitcoin doesn't promote anything or type of activity, Bitcoin is just Bitcoin, a currency to be used on the web. How you choose to use it is entirely up to you.

Meanwhile,  holding and holders is just an activity that describes having to own and keep your Bitcoin over long periods. Anyone can hold Bitcoin and you don't need to trust no one for choosing to hold.
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May 19, 2024, 11:49:04 PM
 #104

Just because BTC is anti to those organizations you have listed there, does it mean it's also bad? Or those people who deal with it are bad? No that's not how it goes but actually those organizations are the ones who are bad and this is why BTC is created, for the people to not rely on them anymore.

There are still Bitcoin hodlers who can't be trusted because they are criminals and they only use Bitcoin because we know that the coin is anonymous but there are still cryptos that can do this better and maybe they also use it. They are among the reason on why BTC and other cryptos got a bad name for some strict people but fortunately it is slowly dissolving.
I have to agree with this. The only reason why bitcoin come into existence is to combat the main source of  wrong doings, not to be utilized actually by those bad guys around and take advantage on it. In fact, bitcoin is designed to be free from the government control, so we can take our full control with our own currency and wallet.   Although I can’t guarantee that those who sided bitcoin are all right and responsible ones, since it’s known that some bitcoin users are doing it for their personal intentions and negative interests, but majority I believe are using bitcoin for positive benefits.

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May 20, 2024, 01:56:24 AM
 #105

I no need to trust holder to hold my btc. I believe btc is my power and decentralization economic system so that we no need to trust anyone or holder to hold btc Nothings happen govt banned or people not believe .
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May 20, 2024, 07:03:43 AM
 #106

It is not good to judge all bitcoin users as untrustworthy just because bitcoin is against government control and traditional banks. Bitcoin is about financial freedom and making your own choices. This does not mean bitcoin users do not like governments or banks. And in my point of view government is doing their job and banking system has different way but Bitcoin has its own way. Bitcoin is separate money which only you can handle and hold. And we know many people just want different way to invest and want control of their money and Bitcoin is only way because we know Bitcoin is fully decentralized. We should not make any guess about people based on their investment choices. Some of them believe in Bitcoin and some are against it.

 
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May 20, 2024, 06:26:51 PM
 #107

I wouldn’t necessarily say hate as well. I mean, if really we hate the bank then we would entire stop visiting them, but that’s ironic because you are using the fiat that comes through them anyways. So I’d rather say it’s more of being smarter than the bank and government would expect you to be. They want to have your records, but you know to use cryptocurrency, when you need to use fiat, you go through that route. And if you have the chance you’d rather use cryptocurrency for all payments and transactions. Also, Bitcoin wasn’t created to eradicate the banking system.

You are right, it's all about smart work, even if one hates the traditional financial system, one doesn't need to show that to them and act as if he is completely okay with them and their services because as you said, we still need them because you can't use Bitcoin or cryptocurrencies in every place and eventually you will need to go to them to get cash so that you can run the expenses you have, so we actually need them.

It is just that we can reduce our usages with them and give them less access to our funds because we can keep most of them in cryptocurrencies now, and they wouldn't even know about it. So those who are against the banking system, they should do things smartly so that they can use both channels simultaneously.


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May 20, 2024, 07:37:58 PM
 #108

I no need to trust holder to hold my btc.
I don't think the context is about holders holding your BTC. But it's about if you are confident with them(us) about anything that you may want to trust.

I believe btc is my power and decentralization economic system so that we no need to trust anyone or holder to hold btc Nothings happen govt banned or people not believe .
Government banning Bitcoin is possible and they're going to do that through platforms that are registered under their governance. But they cannot ban entirely the Bitcoin network.


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May 21, 2024, 11:24:49 PM
 #109

I believe btc is my power and decentralization economic system so that we no need to trust anyone or holder to hold btc Nothings happen govt banned or people not believe .
Government banning Bitcoin is possible and they're going to do that through platforms that are registered under their governance. But they cannot ban entirely the Bitcoin network.

The best they can do is to ban the centralized exchanges, and for the decentralized platforms, they can block people through their respective service providers from visiting the urls. But it will only slightly reduced the number of people who use it because those who know their way around would use a vpn, etc for that.
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May 21, 2024, 11:40:30 PM
 #110

Since bitcoin promotes mostly anti-government, banks, etc.


I am wondering; Do you trust bitcoin holders?

strange question... but but what do you mena turst bitcoin holders? If i trust people that hold bitcoin? yes of course why would I not? and what have goverments to do with the trust? strange place
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May 22, 2024, 12:39:08 AM
 #111

Since bitcoin promotes mostly anti-government, banks, etc.


I am wondering; Do you trust bitcoin holders?
What do you mean by "trust"? That could mean many things, too many. Trust them like they are good persons? Trust them like I would invite them to my home even without knowing them? Not every single bitcoiner thinks and acts the same way: some of them are more radical and others aren't; some of them think bitcoin should be the only payment method and others are ok with fiat as well. Your question is just too broad.

 
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May 22, 2024, 03:06:19 AM
 #112

I mean most of us want the same thing in terms of financial stuff, we want liberation from the oppression of the conventional financial institutions and fintechs that only serve the few rich people in this world, bitcoin's proven already that it can change the life of someone that's on the brink of poverty to someone that would be able to bless others with their wealth, not to mention that the taxation, it doesn't seem fair that everything that I spend my money on, I always have to impart something to the government, there's no incentives for them to properly or appropriately spend the taxpayers' money after all so why risk it giving a lot of taxes to them when I know it will be wasted on them, might as well make the most out of it right?

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May 22, 2024, 05:25:50 AM
 #113

Since bitcoin promotes mostly anti-government, banks, etc.


I am wondering; Do you trust bitcoin holders?
Those promoters who are promoting Bitcoin as an "ANTI-BANK" or "ANTI-GOVERNMENT" might be promoting it in the wrong way.
Bitcoin wasn't created to be an anti-bank or anti-government at first place.

I mean what kind of question is that? That's a question that can't be answered at all. There are many Bitcoin holders in the world, and why are you asking if I trust them? I can't say that I don't trust them, or I trust them at all. What I will say is that I'm a Bitcoin holder. I'm neither an anti-bank nor anti-government as well.

OP's question is very strange and kind of irrelevant in some ways TBH.

 
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May 22, 2024, 06:38:56 AM
 #114

Since bitcoin promotes mostly anti-government, banks, etc.


I am wondering; Do you trust bitcoin holders?
Those promoters who are promoting Bitcoin as an "ANTI-BANK" or "ANTI-GOVERNMENT" might be promoting it in the wrong way.
Bitcoin wasn't created to be an anti-bank or anti-government at first place.

I mean what kind of question is that? That's a question that can't be answered at all. There are many Bitcoin holders in the world, and why are you asking if I trust them? I can't say that I don't trust them, or I trust them at all. What I will say is that I'm a Bitcoin holder. I'm neither an anti-bank nor anti-government as well.

OP's question is very strange and kind of irrelevant in some ways TBH.

hello.. yes i thinked the same as  you lol.. what a strange place this is.
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May 22, 2024, 06:53:18 AM
 #115

I mean most of us want the same thing in terms of financial stuff, we want liberation from the oppression of the conventional financial institutions and fintechs that only serve the few rich people in this world, bitcoin's proven already that it can change the life of someone that's on the brink of poverty to someone that would be able to bless others with their wealth, not to mention that the taxation, it doesn't seem fair that everything that I spend my money on, I always have to impart something to the government, there's no incentives for them to properly or appropriately spend the taxpayers' money after all so why risk it giving a lot of taxes to them when I know it will be wasted on them, might as well make the most out of it right?
It's true that I don't want to pay taxes, where news has emerged that many tax officials are corrupt. but unfortunately we are in a country where there are rules, and as citizens we have to obey them. That's what seems to make us the weakest part. The existence of Bitcoin makes it seem like we are taking us to a conventional system, but later the government will also intervene in it

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May 22, 2024, 09:35:07 AM
 #116

Since bitcoin promotes mostly anti-government, banks, etc.


I am wondering; Do you trust bitcoin holders?
Wait but why we need to be concern from this?

let the holder do their things and we should do what do we need to have in this market .

and actually in the end we will be all holders here so the question is about we need to trust ourselves ?

and bitcoin is not anti government , it is the people who treat this to use as against government or what?

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May 22, 2024, 10:49:31 AM
 #117

As a holder, I'm not against the banks. Instead, I am against their policies. I'm not even against the banks. Rather, I am against their policy. Government, bank, or better to say governments and banks and their wrong policies

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May 22, 2024, 05:02:39 PM
 #118

Since bitcoin promotes mostly anti-government, banks, etc.
I haven't known Bitcoin to be anti-government as far as I Know, more especially that more governments everyday make it a legal tender to make it easy for people to use in their daily lives!
If you ask me, when it comes to anti government propaganda its most likely some is doing something they aren't suppose to be doing say an illegal activity which attracts the government security wings to close in...but if everything is clean then I don't find a reason to hate the government.

I am wondering; Do you trust bitcoin holders?
Bitcoin is about freedom, and if one person is doing something with their Bitcoin then it shouldn't bother you to be honest  Roll Eyes unless they need a hand to work around the crypto  jargona and what not ... otherwise if Bitcoin sells itself in the lines of privacy then it tells you what to think about hodlers.

 
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May 22, 2024, 05:33:50 PM
 #119

Since bitcoin promotes mostly anti-government, banks, etc.


I am wondering; Do you trust bitcoin holders?

I don't trust bitcoin holders, but i truly trust the bitcoin network and bitcoin itself, because I've learnt and seen a lot that has been in place over the adoption of this digital currency being helpful towards the general human needs in the economy and financial way of life as a whole, this alone is all about freedom to live, bitcoin holders can decide to make any thing on their own favor to achieve anything that can be detriment on others.

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May 22, 2024, 05:47:07 PM
 #120

Having financial private life and being your own bank is financial freedom, and not anti-bank or anti-government. It is the government that is against the privacy of their citizens and wants to have control over everything her citizens are doing.

Bitcoin hodlers are normal people with different mindset, and everyone has the reason why they adopted bitcoin, if there is no trust in bitcoin enthusiasts, it means that p2p will bring more harm to the system. We have the good, bad and ugly, it is just the government that are making it look as if bitcoin enthusiasts are criminals of which we have more criminals using fiat for their illicit activities that government is even aware of but they keep don't bring it to the public.

Nobody can do without the government or banks because that is our tradition.
how do you think Bitcoin and P2P transactions can coexist with traditional banking systems in the future?
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