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Author Topic: Bitcoin (the system) needs to be a World on its own in order to thrive better  (Read 43 times)
Ucy (OP)
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Today at 03:55:08 PM
 #1

Bitcoin was created to be an alternative to fiat system. Fiat system is a World's financial system controlled in centralized manner, or a world controlled like a prison where choices are very limited and many things are imposed on its inhabitants.
The system is made of over 200 countries with inhabitants that can't easily breakaway with their lands, whenever they are oppressed, maltreated, deserve freedom or made to accept things that are contrary to what is right.
Ofcourse, the reason why things are structured in this controlled manner is to have the matured ones with higher power rule over the less matured ones and avoid constant war, crisis or choas. By the way, Maturity in this context is how advanced a country or person is in all sphere of life such as in science, justice, morality, etc, compared to others

Then there are nations or people within the controlled system who want freedom because they deserve it or desperately want to survive and live the right kind of life. They need an alternative  system that is better and independent of the controlled system. And the alternative needs to be fully functional to be able to serve the free people. But first of all it needs the right kind of law, basic infrastructures, institutions, businesses, to serve the needs of the free people. It must not rely on the laws, infrastructures, institutions, businesses of the controlled system as that will basically limit the free and put them back in the controlled state they were freed from or want to be free from.

This is basically why we have Bitcoin. It's not just a currency but a system, an independent one, that needs its own law, infrastructures, institutions, businesses, to serve the free. These cannot exist in isolation but need to be interconnected and interoperable , that is, Institutions connect with people, people with infrastructures, infrastructures with marketplaces, marketplaces with homes/restaurants, etc. And the inhabitants or the free need to work together as a community rather than let an individual or centralized entity unilaterally control their affairs like slaves. This will overall translate to a cyber and physical societies spread across the World and are mostly decentralized, permissionless, transparent, censorship resistant, etc

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Brahmahatyaa
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Today at 04:14:42 PM
 #2

Bitcoin does offer an alternative to the centralized financial system, but that does not mean the fiat system is a 'prison' or that Bitcoin automatically creates a free society. Decentralization does not mean we no longer need laws, governments, institutions, or infrastructure. Bitcoin is better viewed as an alternative that gives individuals more control and more choices, rather than as a replacement for the entire existing system.

Imo, Bitcoin’s real strength lies in its ability to reduce dependence on centralized entities without having to eliminate the existing system.
decodx
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Today at 04:38:12 PM
 #3

<...>

This is a textbook example of what I would call a wall of pseudo-philosophical rambling and complete nonsense.  Is there a point you wanted to make here, other than to increase your post count?

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ColdLava40
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Today at 09:12:26 PM
 #4



This is basically why we have Bitcoin. It's not just a currency but a system, an independent one, that needs its own law, infrastructures, institutions, businesses, to serve the free. These cannot exist in isolation but need to be interconnected and interoperable , that is, Institutions connect with people, people with infrastructures, infrastructures with marketplaces, marketplaces with homes/restaurants, etc. And the inhabitants or the free need to work together as a community rather than let an individual or centralized entity unilaterally control their affairs like slaves. This will overall translate to a cyber and physical societies spread across the World and are mostly decentralized, permissionless, transparent, censorship resistant, etc
What is your point? You didn't tell us anything new. We know what Bitcoin is, it's a decentralized system.

From what I can gather, correct me. You are are trying to say bitcoin has to be incorporated into our every day life right? Isn't that something we already have? The only restraint of Bitcoin now is adoption aside that, every thing else is possible.

Bitcoin doesn't have any written law, just a white paper and a community of people who make sure that the network is functional. It is far from the centralized system we know of.

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