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Is Bitcoin Helping or Hurting Financial Freedom? The Debate
102 sats \ 5 comments \ @OnlineSpydy 10 May bitcoin
Bitcoin was born as a symbol of financial freedom - a way to take control away from banks and governments. But today, is it really empowering people, or is it creating a new kind of inequality?
On one hand, Bitcoin offers censorship-resistant money and access to the global economy for the unbanked. On the other, the growing dominance of whales, institutional investors, and mining centralization raises questions about who truly benefits.
Is Bitcoin living up to its promise of decentralization and freedom, or has it become just another tool for the wealthy? How can the community fix these issues - or is this just the natural evolution of money?
What do you think? Is Bitcoin a revolution for everyone, or a privilege for a few? Let’s get into it!
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100 sats \ 0 replies \ @javier 10 May
Inequality is natural and necessary, lets take several examples:
  • Students in an school and university, do they all deserve the name score? Let's put a A+ to everyone, regardless of their intelligence and efforts, right?
  • Beauty, why some people are ugly and other goodlooking? Lets make all of them ugly, so the less beautiful people don't feel bad.
  • Health, why are some people more healthy than others? That's unjust, let's make everybody ill.
  • Social success, why anybody has to be more popular than others? Let's punish the popular people.
As you can see, the search for equality is just envy. Why would it be different with financial success? People looking for equality are just envy people. And it is very bad, and very unjust, to take their success out of their hands, the same way it would be unjust to desfigure the face of a beautiful women so less beautiful ones feel better, or create illness to the healthy, or put the same score to all students, or punish popularity.
Think about it.
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0 sats \ 0 replies \ @Lazy_AMA 21h
Like you rightly said, Bitcoin is a revolutionary system for everyone.
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0 sats \ 0 replies \ @_Bubble_2009 10 May
Bitcoin is a way to broke some barrier:
  • inflation
  • third parts to handle payment
  • I'll add later
So, bitcoin allow everyone to convert their FIAT currency in a long term investment coin.
So, BTC is a good opportunity for everyone that can understand that it is a good opportunity.
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0 sats \ 0 replies \ @LibertasBR 10 May
The fundamental purpose of bitcoin being a person-to-person digital money system remains, it remains decentralized and key holders are free to spend it however they want. The fact that people have entered first and accumulated more bitcoin is not an inequality in the fiat sense where bureaucrats and bankers have early access to money and inflate the currency before the general public receives it. You can and will be able to receive bitcoins because most of them are in the hands of users and it is a currency and a currency is only strong if used as a medium of exchange.
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0 sats \ 0 replies \ @DarthCoin 10 May
Please be sincere and answer this simple question. When was first time you get into Bitcoin and why?
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