Quote from: Searing on June 07, 2017, 07:59:52 AM

Quote from: Boseda on June 07, 2017, 07:51:06 AM

I'm writing this post because I see it everywhere on this forum. People who just talk about Bitcoin pump(s), $ price, price and so on... even most legendary members do it!

I think most Bitcoin users miss what Bitcoin really is and what Satoshi wanted it to be.
If you read the white paper, there's no mention about Bitcoin as a digital asset. Satoshi just wanted to create a payment system, a strong one and much better than the traditional ones.

But right now, Bitcoin is mainly considered as a digital asset, digital gold, just an investment tool to make (quick) profit. That's wrong, in my opinion.

I think Bitcoin users are raping Satoshi's original view, thinking only about BTC's value on exchanges.

What most don't understand is that Satoshi gave us a huge power. The power to destroy and make disappear forever the whole old banking system, other online payment systems like paypal and maybe governments too. Forever.

He gave us the power to decentralize everything using the blockchain technology. In short, Satoshi gave us the power the change the world for the better.

So why are you focusing only on Bitcoin's price on exchanges?

Imagine this.

A world where you can send money anywhere and to anyone in the world, instantly and with low fees.
A world where you can buy anything using Bitcoin, from coffees to yatchs.
A world where you can get all the privacy you want.
A world without banks.
A world without old currencies, that only create inflation.
A world where you pay only the taxes you wanna pay and not what you are forced to pay.

I think Satoshi's original view was very revolutionary.
A decentralized payment system and a deflationary currency. A real digital cash.

But now, Bitcoin has becomed just a digital asset. Maybe a toy for rich people to get even richer.
What's so revolutionary about it? The world is already full of assets and investment tool...

In short, Bitcoin lost most of its revolutionary appeal.

I strongly suggest you to change your consideration about Bitcoin. Now it's time to choose, because what we - as a community - decide now will influence all the future history of Bitcoin.

So, what do you prefer? A brick of gold or a better world?

we are still at the stage we want the world to LIKE US as the new kid in town...the price of BTC gives us hope that maybe what you state above can happen

but we are a little bit skittish yet...I assume if bitcoin hits 10k and has more use ..things will go as you state...as of now we are in the WTH stage of awe

and BTC price going up ...is a reflection of adoption and holding.....thus security at least for those of us holding bitcoin

I admire the fierce tone of the original poster, and I have to give you a *high five for your vigorous presentation of the topic. I LOVED the reply (quoted above) describing our state of collective awe.
I am still laughing at this candid and playful truth. We really are still baffled by the beauty of the sparkling Bitcoin phenomenon. We all are. Even the guys who are cluttering the internet with sales pitches that push gimmicky viewpoints like the original poster is protesting. The exploitation of anything profitable is guaranteed, no matter what the product.
In the USA, regarding use of Bitcoin; much like real estate, it can be paper trailed as an asset to manipulate tax consequences.
In the USA An individual has the option to deem its btc an asset, thanks to "Uncle Sam" and his gold-lined-pockets. Uncle Sam, aka the government likes its gold-pocket-lining and wishes to control the lining of as many pockets as possible to continue oppressing the sheep (aka the people). At least that is how it feels here in the USA.

I am not endorsing the actions of any individual or entity, nor am I passing judgement, I am just trying to see through eyes of the people who are actively "pooping on the Bitcoin party". I want to see from their perspective so I can get a better look at the motivation ahead of the mishaps. Problems are definitely coming if the conspiracy is in motion.
I have no doubt in the strength and the continuity of beloved Bitcoin even if there are sinister forces trying to resist it.

Bitcoin needs no defender. The manipulative actions of Reuters, MSN, Big Banks, JPmorgan and all of the clowns selling btc as a product, are either scared of Bitcoin or they are profiting as wolves while tending their sheep.
The gimmicky clowns are not guilty of much... because they are trained without their own consent by the media such as MSN.

I should probably lock my front door now.

For the written record I am a big fan of Bill Gates however- his companies undermine the power and freedom that Bitcoin offers. I see it daily in headlines by MSN even though Gates is often quoted saying how fond he is of Bitcoin.
As interesting as it all is, I am confident that Bitcoin will NOT soon fail.
I predict Bitcoin to be favored by all these scared wealthy groups. Soon.