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0 sats \ 4 replies \ @Dkryptoenth 15h
Yeah sure. Bitcoin is freedom indeed
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10 sats \ 3 replies \ @Cultural_stacker 12h
Does bitcoin actually offer true freedom in the area of financial control by the fed ?
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0 sats \ 2 replies \ @Dkryptoenth 11h
Yes! Bitcoin truly offers financial sovereignty and control cos it enables individuals to have full control over their finances.
With traditional financial systems, individuals often have to rely on intermediaries to manage their assets.
However, with Bitcoin, individuals can hold their private keys and have complete ownership and control over their funds, eliminating the need for third-party authorization.
I hope that helps @Cultural_stacker 🤗
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10 sats \ 1 reply \ @Cultural_stacker 11h
Thanks for that contribution, but what about fed policies on fiat to crypto conversion, doesn't that pose threat?
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0 sats \ 0 replies \ @Dkryptoenth 11h
Not really cos that where P2P comes in to play.
You may not be able to swap your crypto to fiat via a bank card in countries where such policies exist, but you'd sure be able to transact via p2p and have your account credited by the buyer.
In this case, you'd (i.e both parties) be the ones to determine the exchange rate for yourselves as well as conduct transaction without needing a third party such as the banks through whom the fed executes her financial control policies.
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