Home Bitcoin News Bitcoin (BTC) Is Not About Reforming or Rehabilitating the System

Bitcoin (BTC) Is Not About Reforming or Rehabilitating the System

Bitcoin (BTC) Is Not About Reforming or Rehabilitating the System

Cameron Winklevoss expressed:  Bitcoin is not about reforming or rehabilitating the system. It’s about exiting the system.

Community Response:  I’m curious on how the government decided it got the right to tax us on something that isn’t theirs i.e., crypto. Think about it. This is intellectual property, not something they get to tax, not to mention it’s purely peer to peer. What is being sold? Solving problems?

Though: why continually compare it to the USD price. I know it’s a valid KPI, but shouldn’t its use cases, and other aspects be more of a narrative for adoption? Price currently seems driven by hype/price potential, not utility. Sadly.

 

We beg to differ. Some institutions are worth preserving only so that they can be upgraded with Bitcoin.

 

Sadly, it’s impossible to exit the system completely. You need to live in a country. And you need to be a citizen of a country. Unless you own your own. But Bitcoin may hopefully buy us a bit more freedom. That remains to be seen.

 

You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.

 

Why should the people on this planet accept yet another system owned by the rich? The problem is not the system it is a select few claiming ownership of whatever system is in place in order to rule the masses with their own agenda, that won’t stop with Bitcoin, will it?

 

Bitcoin is about existing the system but buy this whatever coin backed by VCs so we can make money on fees.

System adapted to higher level energy flow will always outperform its predecessor. This is how matter behave This is how spices evolve This is how systems grow.

There has to be regulation, and this has to be applied and agreed upon at a global level because if there is an escape, that escape will be used.

All these cryptocurrencies running through the-blockchain are meant to speed up commerce and the point is not about appreciation.

Crypto market is all about making the dollar. If that’s not true then why hype up Bitcoin Dollar valuation?

If the stock market crashes, so do the crypto markets. If USDC or USDT were to crash or unpeg, so would crypto. If the dollar crashed, so would crypto.

The Bitcoin market has not demonstrated independence from stock market crashes. Maybe someday.

Reform and rehabilitate simply because otherwise to weaken the infrastructure of a country by limiting its financial resources could be dangerous.

I don’t know much of it but it seems El Salvador is using it as a way to strengthen its systems.

So set up an end-to-end supply chain for goods and services that only takes Bitcoin and rejects fiat as already worthless.

 

 

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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