Bitcoin is the people's power of self governance

[Lens]

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?

 

[Mayox25]

The major opposition to cryptocurrency is the government. The government wants to have total control over every aspect of society, but government control over cryptocurrency has been limited.

 

[tyrim88]

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?

The power inherent in bitcoin is very enomous in that because of its nature and volatility it can make an investor to get rich very fast in no time,and this has really made states to be affriad,because it is actually decentralise.

 

[gammarays]

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.

 

[jeff87]

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?

I also believe in the power of cryptocurrency to give us financial freedom. The dollar we have in the past is the same value we have today. But take a look at Bitcoin. Bitcoin has already reached the $60,000 level. It has surpassed the price of one dollar in just a couple of years. Before it's price when it started was less than one dollar also.

 

[Nurudeen]

This is really a good observation from you and I think this is the major reason why government all over the world are fighting and banning the crypto currency exchange Business

 

[Setho]

The Bitcoin is actually very good project. I'm actually in love with it because it is going to solve a lot of world problems that have lingard around for a very long time.

 

[Alexandoy]

I am really wondering why Bitcoin fans has the common idea that the government fears Bitcoin as a threat. They seem to forget that Bitcoin is not a legal commodity. If the government thinks Bitcoin is a threat then it is very easy to ban it. Period, end of story.

 

[Nomad]

Bitcoin is a decentralized money, with no central authority to control. The price depend on the market conditions, therefore, bitcoin operates purely in the democratic environment.

 

[Dowenship]

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?

Even apart from inflation!!! The introduction of crypto currency will ensure full control of your money and how its been run. I'm not saying its doesn't control inflation..

 

[Lens]

I am really wondering why Bitcoin fans has the common idea that the government fears Bitcoin as a threat. They seem to forget that Bitcoin is not a legal commodity. If the government thinks Bitcoin is a threat then it is very easy to ban it. Period, end of story.

I understand your point of view sir. Do you know that you can do self executed transactions with bitcoin? It offer us the medium to eliminate the third party in our payment. This is exactly what the government does not want. You and I know that the government wants to be in control all the time.

 

[Josephjossy]

Not just Bitcoin, cryptocurrency is the only thing that the masses can control. You don't need to be government approve to start trading Bitcoin. But in some countries now the government are now banning cryptocurrency and this have been a very big problem to the people

 

[GIFTMICHAEL]

BTC is in-demand now cos of its potentials and how it is built. Many have entered into it because of its benefits and some aren't regretting it.

 

[Jlife]

BTC is in-demand now cos of its potentials and how it is built. Many have entered into it because of its benefits and some aren't regretting it.

The reason why I like cryptocurrency is that you have the power to hold the key to your wallet anytime, the challenges that is going on in Afghanistan people were trying to withdraw their money but all the banking system in the country have closed down, if they could have invested their money in cryptocurrency they won't even have anything to worry about.

 

[GIFTMICHAEL]

The reason why I like cryptocurrency is that you have the power to hold the key to your wallet anytime, the challenges that is going on in Afghanistan people were trying to withdraw their money but all the banking system in the country have closed down, if they could have invested their money in cryptocurrency they won't even have anything to worry about.

You're very smart to have pointed out this. With Cryptocurrency we control our funds and not the government. We take it without the bank putting a halt to it.

 

[Setho]

One of my serious reasons why I am biking bitcoin and other cryptocurrency is because of the security and the fact that you are the one who is going to be controlling your own money.

 

[Bookwormlux]

Bitcoin is not under the control of he government of any country. This is why most of us prefer using it as it gives us a sense of security.

 

[Setho]

I strongly believe with this statement because with bitcoin you have the power to be able to control your own money and is not in the hands of other financial institutions.

 

[Shigobad2020]

Bitcoin is the new people's power for self governance in the sense that people are now financially dependent when they started investing and holding crypto currency.

The major opposition to cryptocurrency is the government. The government wants to have total control over every aspect of society, but government control over cryptocurrency has been limited.

 

[Good-Person]

Many other cryptocurrencies and bitcoin have empowered people a lot. People can use cryptocurrencies to anyone without any border restrictions and this has made the government lose control over transaction system. I believe this is why governments want to control cryptos. Don't you think?