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Author Topic: Financial Freedom and Bitcoin  (Read 20894 times)

Offline koang

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Re: Financial Freedom and Bitcoin
« Reply #240 on: January 10, 2025, 11:00:56 PM »
Many countries have realized that rather than attacking the future industry, it is better to embrace it.
And global standards, clear taxation, DeFi rules, and investor protection, will shape the crypto industry for the better. IMO
The crypto industry needs clear regulation to support its growth and development. No more grey area...
But yeah, privacy is an issue that will always be up for debate here.
It is also useless for them to attack, because no matter how fierce they attack, this will continue to grow and will even make many people come. Because indirectly when they attack bitcoin or crypto to the fullest, then at that time many people will see or it can be said that this is an advantage because this can be a form of promotion even though it is quite negative.

That's my point :) The real situation will always force the government to admit it.
The crypto industry has jumped to the next level, The future of the crypto industry will be bright.
I just hope the regulations that will be implemented will prioritize the aspirations of all parties, be it industry, government, and the crypto community.

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Re: Financial Freedom and Bitcoin
« Reply #240 on: January 10, 2025, 11:00:56 PM »

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Offline Baofeng

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Re: Financial Freedom and Bitcoin
« Reply #241 on: January 10, 2025, 11:16:59 PM »
Many countries have realized that rather than attacking the future industry, it is better to embrace it.
And global standards, clear taxation, DeFi rules, and investor protection, will shape the crypto industry for the better. IMO
The crypto industry needs clear regulation to support its growth and development. No more grey area...
But yeah, privacy is an issue that will always be up for debate here.
It is also useless for them to attack, because no matter how fierce they attack, this will continue to grow and will even make many people come. Because indirectly when they attack bitcoin or crypto to the fullest, then at that time many people will see or it can be said that this is an advantage because this can be a form of promotion even though it is quite negative.

That's my point :) The real situation will always force the government to admit it.
The crypto industry has jumped to the next level, The future of the crypto industry will be bright.
I just hope the regulations that will be implemented will prioritize the aspirations of all parties, be it industry, government, and the crypto community.

Or everything could be in the middle ground, so that it will be a win win situation for both parties. Some cryptos are decentralized that's why there are regulations.

But it seems that crypto community has learn to embrace KYC already as part of regulations and so with that we might lost our privacy but still we can used our crypto. And now that the institutions and government wanted Bitcoin to be a national reserved then the future looks bright.

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Re: Financial Freedom and Bitcoin
« Reply #241 on: January 10, 2025, 11:16:59 PM »

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Offline UNIVERSE

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Re: Financial Freedom and Bitcoin
« Reply #242 on: January 10, 2025, 11:42:54 PM »
Bitcoin investments have bridged the gap between the poor and the rich, so that both parties can invest in Bitcoin and anticipate big returns through it, for long term investment purposes.
You're right. Everyone can invest in Bitcoin. Even if you have no much money, you can do DCA to invest in Bitcoin. Doing DCA means you invest gradually, you can use small money to buy Bitcoin. You even can buy Bitcoin below $50. So, there is no reason that poor people can't be involved in Bitcoin investment.

Bitcoin investments are the best thing that happens to humanity, that there is discrimination or social status before an individual would invest in it. It's just about investing with the amount you can afford to lose at any time and being patient about the investment made.
Yes, Bitcoin investment is fair, it allows everyone to join. It is different from other investments that sometime require a lot of money. And there are too many requirements to join the investments. In Bitcoin investment, it is very easy to join the investment. You only need to have a wallet, so you can invest in Bitcoin every time.


Offline $crypto$

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Re: Financial Freedom and Bitcoin
« Reply #243 on: January 11, 2025, 02:21:10 PM »

It is also useless for them to attack, because no matter how fierce they attack, this will continue to grow and will even make many people come. Because indirectly when they attack bitcoin or crypto to the fullest, then at that time many people will see or it can be said that this is an advantage because this can be a form of promotion even though it is quite negative.

That's my point :) The real situation will always force the government to admit it.
The crypto industry has jumped to the next level, The future of the crypto industry will be bright.
I just hope the regulations that will be implemented will prioritize the aspirations of all parties, be it industry, government, and the crypto community.
Now regarding regulation, it will be entirely the policy of a country's government to make this crypto asset what, and now there are also those who make it one of the commodity assets.

Because in any case the government has the authority to make policies, it's just that they also have to see and adjust to the needs of the people in their country. But of course with its recognition in a country, it means that we are at a different stage.

Offline bounceback

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Re: Financial Freedom and Bitcoin
« Reply #244 on: January 11, 2025, 05:47:09 PM »
Now regarding regulation, it will be entirely the policy of a country's government to make this crypto asset what, and now there are also those who make it one of the commodity assets.

Because in any case the government has the authority to make policies, it's just that they also have to see and adjust to the needs of the people in their country. But of course with its recognition in a country, it means that we are at a different stage.
Making bitcoin or altcoin as cryptocurrency assets I don't think have break the government regulation because every country allow for using bitcoin and altcoin as commodity assets. Just difference way when making bitcoin as legal currencies transaction regarding have any country not allow using bitcoin for payment transaction although for commodity assets must paying taxes fees.
In my country have paid tax fees for every buy or sell cryptocurrency but not allow using for legal currency transaction, in my viewed for the future bitcoin not break rule for commodity assets.

Offline $crypto$

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Re: Financial Freedom and Bitcoin
« Reply #245 on: January 12, 2025, 01:28:18 PM »
Now regarding regulation, it will be entirely the policy of a country's government to make this crypto asset what, and now there are also those who make it one of the commodity assets.

Because in any case the government has the authority to make policies, it's just that they also have to see and adjust to the needs of the people in their country. But of course with its recognition in a country, it means that we are at a different stage.
Making bitcoin or altcoin as cryptocurrency assets I don't think have break the government regulation because every country allow for using bitcoin and altcoin as commodity assets. Just difference way when making bitcoin as legal currencies transaction regarding have any country not allow using bitcoin for payment transaction although for commodity assets must paying taxes fees.
In my country have paid tax fees for every buy or sell cryptocurrency but not allow using for legal currency transaction, in my viewed for the future bitcoin not break rule for commodity assets.
That is what actually becomes a polemic, because the government certainly will not want to change the currency to become a legal tender or they do not want another currency that can replace their currency.

I can understand this and I personally have no problem with it. This will return to each of us in responding, and I think the policy in my country so far is still fine, yes, although some are pro and con.

Offline koang

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Re: Financial Freedom and Bitcoin
« Reply #246 on: January 12, 2025, 07:48:35 PM »
Many countries have realized that rather than attacking the future industry, it is better to embrace it.
And global standards, clear taxation, DeFi rules, and investor protection, will shape the crypto industry for the better. IMO
The crypto industry needs clear regulation to support its growth and development. No more grey area...
But yeah, privacy is an issue that will always be up for debate here.
It is also useless for them to attack, because no matter how fierce they attack, this will continue to grow and will even make many people come. Because indirectly when they attack bitcoin or crypto to the fullest, then at that time many people will see or it can be said that this is an advantage because this can be a form of promotion even though it is quite negative.

That's my point :) The real situation will always force the government to admit it.
The crypto industry has jumped to the next level, The future of the crypto industry will be bright.
I just hope the regulations that will be implemented will prioritize the aspirations of all parties, be it industry, government, and the crypto community.

Or everything could be in the middle ground, so that it will be a win win situation for both parties. Some cryptos are decentralized that's why there are regulations.

But it seems that crypto community has learn to embrace KYC already as part of regulations and so with that we might lost our privacy but still we can used our crypto. And now that the institutions and government wanted Bitcoin to be a national reserved then the future looks bright.

The idea of a Strategic Bitcoin Reserve made Trump win the election, the power of BTC is real.
Trump's return to the White House coincided with a massive rally in cryptocurrencies amid hopes of looser regulation, and it can do even more if we are bullish enough on it but crypto still comes with plenty of risks.
And now, the UK Treasury has clarified that crypto staking is not a collective investment scheme, signaling that it may not meet the 'common company' criteria of the Howey Test.
A win for decentralization and a step towards regulatory clarity in crypto. :)

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Re: Financial Freedom and Bitcoin
« Reply #246 on: January 12, 2025, 07:48:35 PM »


Online Bobcrypto

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Re: Financial Freedom and Bitcoin
« Reply #247 on: January 14, 2025, 03:57:01 PM »
I agree with your opinion about financial feeedom trough bitcoin, right now saving money in the bank get much decreasing by inflation and bitcoin can help us reach financial freedom.
Most important thing, for poor and rich person actually have difference level with easily having much capital for investing in bitcoin. I think rich person have bigger opportunity with financial freedim by investing in bitcoin than some people get difficult how to improve their financial better in the future but not suported yet much capital.

If the poor people has no means to raise capital to invest on Bitcoin, there are alternatives investments in the crypto economy that requires little capital, I meant the altcoins. There are great altcoins that needed little capital to start, just a small search, and you will have them.
Cryptocurrency offers open opportunity for both poor and the rich, but if Bitcoin look very expensive, then altcoins can also server for the same investments purposes.
I also emphasize that nothing is too small as far as investing is concern, just a little start even on some of the good altcoins out there, and you are sure of good returns in near future.

Offline legend45

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Re: Financial Freedom and Bitcoin
« Reply #248 on: January 15, 2025, 10:02:51 PM »
I agree with your opinion about financial feeedom trough bitcoin, right now saving money in the bank get much decreasing by inflation and bitcoin can help us reach financial freedom.
Most important thing, for poor and rich person actually have difference level with easily having much capital for investing in bitcoin. I think rich person have bigger opportunity with financial freedim by investing in bitcoin than some people get difficult how to improve their financial better in the future but not suported yet much capital.

If the poor people has no means to raise capital to invest on Bitcoin, there are alternatives investments in the crypto economy that requires little capital, I meant the altcoins. There are great altcoins that needed little capital to start, just a small search, and you will have them.
Cryptocurrency offers open opportunity for both poor and the rich, but if Bitcoin look very expensive, then altcoins can also server for the same investments purposes.
I also emphasize that nothing is too small as far as investing is concern, just a little start even on some of the good altcoins out there, and you are sure of good returns in near future.
Bitcoin is indeed very expensive but we don't have to buy 1 BTC but according to the money I have, I have read this comment and I agree with it because in reality I also buy bitcoin little by little through the DCA method. for those who don't have capital, they can participate in many airdrop events and bounty campaigns, so there are always many ways to get capital.
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Offline JoyMarsha

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Re: Financial Freedom and Bitcoin
« Reply #249 on: January 15, 2025, 10:19:56 PM »
Or everything could be in the middle ground, so that it will be a win win situation for both parties. Some cryptos are decentralized that's why there are regulations.

But it seems that crypto community has learn to embrace KYC already as part of regulations and so with that we might lost our privacy but still we can used our crypto. And now that the institutions and government wanted Bitcoin to be a national reserved then the future looks bright.
The future has always been bright with Bitcoin. Just that our government has taken so long to accept the truth that Bitcoin is the future of digital wealth. No need to continue fighting against it without any fruitful results. It's better to accept it into the country's economy, to sav the country's economy, and to bring wealth to the country's citizenry. That's the thought of the most country government towards Bitcoin

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Re: Financial Freedom and Bitcoin
« Reply #250 on: January 15, 2025, 11:29:49 PM »
Bitcoin is indeed very expensive but we don't have to buy 1 BTC but according to the money I have, I have read this comment and I agree with it because in reality I also buy bitcoin little by little through the DCA method. for those who don't have capital, they can participate in many airdrop events and bounty campaigns, so there are always many ways to get capital.
It will be expensive if you buy 1 BTC. But if you buy 0.0001 BTC, it won't be very expensive. It will be quite affordable for anyone. Moreover if we use DCA method, it is the way to collect BTC gradually. So, we can use whatever amount of money we have. We don't need to force ourselves to buy big number of Bitcoin. This DCA method will be very effective to do in the bearish season.



Offline bayu7adi

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Re: Financial Freedom and Bitcoin
« Reply #251 on: January 16, 2025, 04:30:53 AM »
In a capitalist society where the rich are getting richer and the poor are poorer, the introduction of crypto-finance can create a sustainable economic environment in the face of inflation. The expansion of trade in decentralized financial systems and especially the rising value of Bitcoin can be an important hedge for marginalized people. Also, by introducing transactions at various institutional levels, excess pressure on the fiat can be reduced, which can help curb inflation. Above all, economic freedom at the individual level and expansion of the institutional transaction system can bring a positive financial outlook for the entire country

What is your opinion?
In addition to avoiding inflation, Bitcoin is also used as a means of learning investment from beginners to professionals ... we can see how flexible Bitcoin is to buy, we can even buy it starting from $ 5 and get some satoshi (small units of BTC) ... it is really very friendly for everyone to learn ....

To achieve financial freedom, everyone certainly has different ways, as you said, that rich people will find it easier to get money ... while poor people will have difficulty because their classes are different .. I quite support the presence of newcomers who try to make Bitcoin a step of change for them to improve the economy ... if it is possible to achieve financial freedom by utilizing the existence of Bitcoin, of course that is a good thing.

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Re: Financial Freedom and Bitcoin
« Reply #252 on: January 17, 2025, 10:20:37 PM »
Bitcoin is indeed very expensive but we don't have to buy 1 BTC but according to the money I have, I have read this comment and I agree with it because in reality I also buy bitcoin little by little through the DCA method. for those who don't have capital, they can participate in many airdrop events and bounty campaigns, so there are always many ways to get capital.
It will be expensive if you buy 1 BTC. But if you buy 0.0001 BTC, it won't be very expensive. It will be quite affordable for anyone. Moreover if we use DCA method, it is the way to collect BTC gradually. So, we can use whatever amount of money we have. We don't need to force ourselves to buy big number of Bitcoin. This DCA method will be very effective to do in the bearish season.
I agree with you, we don't need to buy bitcoin in large amounts but the DCA method will allow us to buy bitcoin gradually according to the money we have.
If we have a large capital, we might buy bitcoin in large amounts, but if we are only small investors we can buy DCA and have bitcoin gradually.
The DCA method is the most effective way to be able to have crypto assets gradually and adjusted to our finances.

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Re: Financial Freedom and Bitcoin
« Reply #253 on: January 17, 2025, 10:24:29 PM »
That is what actually becomes a polemic, because the government certainly will not want to change the currency to become a legal tender or they do not want another currency that can replace their currency.

I can understand this and I personally have no problem with it. This will return to each of us in responding, and I think the policy in my country so far is still fine, yes, although some are pro and con.

The way I'm looking at Bitcoin, I don't really see it as that coin that is going as a currency. It might has been Satoshi dream to create such a beautiful digital currency but today, it has shifted its goal from been just ordinary digital currency to an asset that everyone is chasing around, the limited supply is working and value keeps increasing.

It will be wise for the government to accept Bitcoin as the way they accept Gold, it's not a big deal if they have Bitcoin reserve. Even if they don't have it with Federal reserve, it should just be an asset for US, that alone will boost Bitcoin investors confidence.
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Re: Financial Freedom and Bitcoin
« Reply #254 on: January 18, 2025, 02:22:53 PM »
That is what actually becomes a polemic, because the government certainly will not want to change the currency to become a legal tender or they do not want another currency that can replace their currency.

I can understand this and I personally have no problem with it. This will return to each of us in responding, and I think the policy in my country so far is still fine, yes, although some are pro and con.

The way I'm looking at Bitcoin, I don't really see it as that coin that is going as a currency. It might has been Satoshi dream to create such a beautiful digital currency but today, it has shifted its goal from been just ordinary digital currency to an asset that everyone is chasing around, the limited supply is working and value keeps increasing.

It will be wise for the government to accept Bitcoin as the way they accept Gold, it's not a big deal if they have Bitcoin reserve. Even if they don't have it with Federal reserve, it should just be an asset for US, that alone will boost Bitcoin investors confidence.
One of the reasons bitcoin was created is for financial freedom, but over time everything can change and it depends on each individual's perspective,

Regardless of all that, all of us who have known bitcoin have felt its benefits and I think everyone can agree with this, especially those who have been in this space for a long time. For me too, this is very beneficial and I have felt it myself.

 

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