Bitcoin is the people's power of self governance

[tyrim88]

I think you are right about this, we are heading into a future where you take absolute control of your money through crypto currency.
That is what money should be, when you own your money you should be able to take control of it

One of the things that virtual currency have brought is that one has now gotten some sort of control of the way and manner he would wants his asset to be placed and saved for the future,the issue of huddle when you wnt to carry out trasactions oversees is totally eliminated.

 

[Syldan]

Well you might be right but to some extent you may not be. Always remember the operation of bitcoin in every country depends on the acceptance of such operations by the government. When the government decides to banned such what will happen?

 

[Setho]

One of the biggest issues that has been a rising with global financial system is the fact that people cannot be able to fully take control of their own money. This is exactly what bitcoin plans to serve and I just hope that it is going to be a working project .

 

[Syldan]

The government are the opposition party to the bitcoin operation because it gives people a sense of independence and free from the government control and regulations. Though to some instances it existence greatly depends on the government approval.

 

[Busybee]

Bitcoin is empowering people in the same way the internet has empowered people in the past. Bitcoin and Block chain technology has revolutionized the entire digital space and has transformed many human lives. Its success has made NFT and another blockchain successful. A very exciting time indeed, let's see how it all unfolds.

 

[Ononivami]

It is very correct that bitcoin will give you a self-educated transaction and as a result of the fact that you could do transaction without the involvement of the third party that gives you enough freedom.

 

[Gandiba]

Bitcoin is the best crypto currency out there. It also has enabled lots of us to not rely on the government again. This is why we've got continue working towards a better idea.

 

[jordans]

I'm sure bitcoin is very important, because One of the most notable advantages of bitcoin transactions is that a third party will never interrupt the users during the transactions.

 

[tyrim88]

I think Bitcoin and crypto in general has brought a total freedom in the financial sector. You can earn,buy,sell or transfer any amount as you wish without any obstacle. No wonder most governments wants to control it.

One of the things that the cryptocurency trading has really brought to lots of people around the world is that it has made transaction and confirmation of e-commerce payment very easy and fast,and that is one thing that has made it to be dynamic.

 

[Chibson]

One of the things that the cryptocurency trading has really brought to lots of people around the world is that it has made transaction and confirmation of e-commerce payment very easy and fast,and that is one thing that has made it to be dynamic.

Probably, cryptocurrency has actually made receiving and sending of payment around the world very busy. But you really need to be very careful with the kind of people you deal with because it is a kind of anonymous.

 

[Vinsane]

It's for sure going to be a part of the future but the only problem that I can see with crypto is the fact that tracking is almost non-existent or extremely hard! The people that you trade with or buy things from must be LEGIT so be sure to do research!

 

[infinity03]

Bitcoin is a decentralized currency, so it is not governed by a single entity. Because the price is based on market conditions, bitcoin only functions in a democratic society. I believe the financial industry has never been more free thanks to Bitcoin and cryptocurrencies in general. Without any restrictions, you are free to earn, purchase, sell, or transfer any amount. It makes sense that most governments would like to control it.

 

[tyrim88]

Probably, cryptocurrency has actually made receiving and sending of payment around the world very busy. But you really need to be very careful with the kind of people you deal with because it is a kind of anonymous.

That is oe of the reason most of the platforms are making sure that it is more mandatory for investors to do their kyc,which will sort of put a security guide on traders and their funds in the cryptocurency market.

 

[Chibson]

That is oe of the reason most of the platforms are making sure that it is more mandatory for investors to do their kyc,which will sort of put a security guide on traders and their funds in the cryptocurency market.

Kyc is very important for some centralized exchanges. I have been using hotbit for a while and there is no requirement of kyc before you can trade or receive or send.

 

[Sincerem]

Well we just hope that the world government except and continue to see it as a legal asset, because if every world government happens to see it as an illegal asset , don't you think investors and traders will seriously be affected ?

 

[Imran_Noori]

Bitcoin could be the people's power to liberate themselves from the state. The political elite talk about the separation of responsibilities or power in the state but do not believe in the separation of power when it comes to money.

Bitcoin decentralized feature put the power of autonomy in the hands of the bitcoiners. This is the reason why most government see bitcoin as a threat. Their initial believe that bitcoin will collapse was forfeited because the coin continued to gain momentum.

Some countries have used bitcoin as a tool to fight inflation because it will reduce the amount of money in circulation.

Do you see bitcoin as a tool to instigate the power of separation of money?

Definetly Bitcoin is something that could change the worlds economic order because it is decentralized and it's power belongs to people not the governments.

 

[Agbalagbaa]

Yes the government are having good interest on Bitcoin, not only them, a lot of people that are having a huge amount of money want to invest their money on Bitcoin.