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Author Topic: Is Bitcoin for the people or for the corporations?  (Read 1523 times)

Offline emma.lee1890

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Is Bitcoin for the people or for the corporations?
« on: December 01, 2018, 01:19:09 PM »
When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried? Bitcoin was largely created to serve as a currency which will facilitate easy payments and also enhance the payment systems of businesses, companies, institutions. If it is now being taken by these big corporations, it means a Bitcoin is still on track and achieving its purpose. More companies will soon integrate it into their payments once there is a competition set between the companies using Bitcoin and the non-using companies. I think there's a lot more of the "people" holding and using bitcoin than you realize.  It does seem like lately a lot of news surrouding bitcoin has a corporate side to it. I think that is more so to do with all the talk around corporate finance and ETF's.  Bitcoin and cryptocurrency has been a hot topic in the financial industry and fiancial coporations have all gotten in on the craze one way or another, even if it's that they denounce it's use/mertit.

I simply don't thinik individual use by the every day person is very newsworthy at the moment, so you just don't see or hear it being reported..even though it is going on.

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Is Bitcoin for the people or for the corporations?
« on: December 01, 2018, 01:19:09 PM »

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Offline bhm45

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Re: Is Bitcoin for the people or for the corporations?
« Reply #1 on: December 04, 2018, 02:02:05 PM »
Bitcoin is for everyone regardless , if it is for individual or corporations , in order of  Bitcoin to become successful is adoption. Like internet its adopted by individual and corporations.

Offline zenbook

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Re: Is Bitcoin for the people or for the corporations?
« Reply #2 on: December 04, 2018, 05:38:58 PM »
well, I think its for both, people and corporation both can use it..people can use it for consumption purpose while corporations and other business can use it as investment as we can see the fluctuate price of it and corporations can also use it for dividends.
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Offline kent47400

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Re: Is Bitcoin for the people or for the corporations?
« Reply #3 on: December 05, 2018, 07:36:53 AM »
On the basis of Bitcoin it was created for everyone who randomly owns it and it can be said to be decentralized.
But the more there are SEC and ETFs that always make the price of Bitcoin bumpy, damnnnn !!
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