Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as a means to restore people's authority over money
by
Dunamisx
on 02/03/2022, 17:03:47 UTC
Those who claim Bitcoin is simply a value store should accept that it is the only worldwide P2P payment system whose transactions cannot be banned.

government cannot actually ban bitcoin in it entirety but can place an embargo which could be frustrating on the commonly used exchanges and there's nothing one can do about it as they will definitely reveal your identity, ban your account, infringe tax, and the likes just to suit their desire on regulating it.

Bitcoin is proven to be a vital ally for Ukraine in the face of Russian aggression. The financial system is shut down, yet Bitcoin keeps working, allowing Ukrainians to live and progress.

Bitcoin will also help the Russian people to best shield themselves from the economic and financial sanctions that would bring Russia down

Russia is already experiencing difficulty by bitcoin users account as the cryptocurrency exchanges and service providers were ordered to start blocking Russians cryptocurrency wallets addresses and denial of access to their coins and this is really affecting the innocent citizens that doesn't even support the war.

Bitcoin was established to assist individuals to deal with the present system's problems, whether economic or political. And in these gloomy times, Bitcoin is shown to be a vital requirement for the future globe.

This is true base on the fact that bitcoin is a decentralized digital currency and it pseudo-anonymity