Bitcoin Forum

Hi guys, I have a friend who is determined to prove me wrong in regards to bitcoin. Before I respond to him, I thought I would post what he's wrote to me in attempt to "Stump" me and try to get me to stop with bitcoin. I think it will be interesting to see all replies from the bitcoin experts in here and to get a different reply than mine so I can put together a solid reply back. I'll post his email to me below. Thanks in advance.


"I read a lot of the negative aspects of bitcoin and I'm not understanding why you're crazy over it, it keeps appreciating because nobody is cashing out. Since it's not a government regulated currency to exchange, people are getting robbed left right and center going on these black market sites trying to cash out. I don't doubt you can sell the coins, but now people are afraid to try because there's no legitimate way to tell if you loose your money. People are running ponzi schemes because when you trade in the coins there's waiting periods before you get the "cash" and thats when these website wrap shit up and leave you high and dry. I remember you telling me that you can spend the coins in many natural places. That's isn't here in Canada. There is way too much negativity to support the investment for me. The positives are what's making the coin valuable, but in order for something to go up in value dramatically like this we have to think that it's not being sold anywhere and being the rare commodity that is it will naturally go up due to scarcity.
I really think you're making a big mistake with this stuff like everyone else."

This is exactly what every bitcoin hater is saying about bitcoin."Too many scams,nobody is using it to buy goods,you can get hacked...."I don`t believe that you can convince your friend to become a bitcoin supporter.
I`ve been using bitcoin for 3 years and i never got scammed or hacked.Stupid and greedy people who aren`t carefull with their private info and want easy money always got scammed or hacked.
There are hundreds of legit websites that use btc and they become more and more secure.

Not a Pro but the only thing i can say about his statement is: That's okay, That is part of how a person accepts new things, Bitcoin is a new technology
and now the technology behind it which is blockchain have been accepted by some of the business giant and will use it to integrate it to their business. The negative things you say is subjective and it's too early to conclude things about Bitcoin, Government is still working on regulations which means Bitcoin has a good future. You should have see Bitcoin as a currency. A Digital Currency.

Scammers are everywhere when it comes to money matter,selfish people will always find ways to get benefits from others .All of those are present not just in bitcoin.That is just normal all you have to do is to be wise in investing your money.Being here in forum, you will learn more how others improve there living because of bitcoin.When you ranked up and can be able to join in different campaigns, prove your friend wrong on what he think about bitcoin.Show your proof of income to your friend, that could change his mind too.It's really hard to convince people even a friend to be in bitcoin if you don't have a proof that you gain from it.

The everyone view is different, they're right when they talk bitcoin is no safe, because bitcoin system is still young, but the bitcoin valeu continue to soar, this very strange. But sometime we have to accept that how bitcoin has change the world, and probably bitcoin be to currencies of the feature. And i'm sure bitcoin is safe, cause untill now new user and new investor start to join with bitcoin.

Every one has a different level of risk taking and your friend have to right to have his own judgement. But it may not be permanent as his perspective may change in the near future as bitcoin becomes widely heard in the market and I believe the all time high price now is a good prove to show its value.

it simply because he is not in to it....if he already start to earn and widraw all his earning that the time you prove him wrong.many people will simply just react coz they dont experience it yet nor didnt even try....soon when you got ure own money frm btc simply show him your proofs.

I think he failed to grasp what bitcon is, based on his statements, it seems that it is focused on MLM which is sad. Your friend is actually not negative. He/she just doesn't know shit. He/she doesn't realize it's more than a currency, and doesn't need regulation. And has this idea of regulation will protect consumers which is not.

I know a lot more about bitcoin but i join just now the reason that I only found out this forum just today. We're both newbie here so let's focus to become successful someday here in this forum. Let him be,  I know for sure when you become one of the Legendary member here he wil surely regret what he had said to you. Let's strive to aim high.

This is just simple as this, he is not into Bitcoin so I think he doesn't know anything about it or what it is made for and the purpose of it as a digital currency and to that kind of a person is normal for them to hate Bitcoin and always bash it and hate it all they want because they see it appreciating rapidly and they will keep on continuing that hatred until they realize that it is worth a try to invest with Bitcoin.

Don't rely your feelings to others and make a decision to yourself, make a risk to yourself so you won't blame other people in the future. Win or lose you are the one who will benefit from it and not them.

It does not matter if your friend gives such an opinion, but the interesting thing is he is trying to get you to stop investing in Bitcoin, Why did your friend do that?
if I'm in your position I will ignore his opinion because it was annoying

Bitcoin has been criticized by its haters right from the beginning.Your friend has just rewritten those words.I think that your friend has been completely brainwashed by a bitcoin hater.He does not even want to see the positive aspects of bitcoin.He just feels that fiat currency is far safe than bitcoin since it is baked by governments.He easily forgets that bitcoin is free from inflation.

Also,he misses to see the financial freedom which bitcoin has provided to people.Also,various earning opportunities provided by bitcoin.

If he still stands steady in his argument against bitcoin,then we should leave him thinking that he lacks fortune to get benefits from bitcoin.

Your friend:

• Doesn't understand how money comes into existence in the first place
• Doesn't understand how central bank issued fiat money comes into existence
• Doesn't understand the sovereign bond system, or it's long term implications
• Doesn't understand the difference between fiat money and commodity based money
• Doesn't understand the difference between privately owned money versus institutionally-held deposits (and how well guaranteed the deposit insurance is for the latter)
• Doesn't understand the benefits of a hard money supply (and likely doesn't appreciate the significant drawbacks of a centrally controlled fiat money supply)
• Probably reads too much financial media without reading economic theorists, and so fails to think about how subtly corrupt the financial media is

I'm gonna be honest: there's an almost religious adherence to things that aren't true that make oneself more comfortable to believe things that are objectively/demonstrably false. People say that about the Bitcoiner perspective too. And it's hard to force someone to learn all of the relevant topics I've outlined.

I guess you could take the approach of gently pointing your friend towards the facts they are unaware of, slowly over time. Crises in sovereign bonds, debt markets overall, currency values (dollar and yuan especially) and banking stability would be good catalysts to the conversation. But there's always going to be a significant minority of people that will refuse to believe what's really happened once the cryptocurrency/cryptographic era is fully established. Not much you can do for these people, really.

Everyone has a point of view. It is hard to convince a negative person to join you in bitcoin. It is like a debate that can develop into an argument. If you dont want to lose a friend, respect his or her opinion.

Your friend can't be saved. 

 Bitcoin isn't going up because people aren't selling, it's because more people are buying.  Find out where he gets his information from.  Also, you can lead a horse to water, but you can't make him drink. Your friend will have to be open-minded in order to have his mind changed.

 

Selling bitcoin is easy though. What is he talking about? Is he referencing to bitconnect?

Your friends actually don't understand about that and he like don't wanna understand to pretect his statement so i usually just ignore him and what was i think it's right.

Everything has it's negative side and you are going to hear more and more negative about it. How are you getting your bitcoins? are you investing on it from a fiat currency or earning from campaigns? If you are investing on bitcoin from fiat currency I believe you are doing some trading and by that you can see your earnings faster and will have an option to stop whenever you want.

This is not true.  Many people are exchanging bitcoin for their local currency every day.  As a matter of fact, there are EXACTLY the same number of exchanges of local currency for bitcoin as there are of bitcoin for local currency.  Since EVERY exchange of bitcoin for local currency involves BOTH currencies being exchanged, if you think about it for a moment perhaps you'll see why this MUST be true.

The exchange rate keeps going up because there is a very limited supply and an increasing demand.  Read about the "law of supply and demand" and you'll better understand how this works.

Note that there is a limit on the total amount of bitcoins that will ever exist.  There will never be more than 21 million bitcoins.  Imagine if the 22 million RICHEST people in the whole world all wanted to own just 1 bitcoin...  There wouldn't be enough bitcoin for them to do that.  The price would keep increasing until one of them decided that it was too expensive and they no longer wanted one.  Imagine just how expensive 1 bitcoin would be under that circumstance.  Or, imagine that the 220 million richest people in the whole world all wanted to own just 0.1 bitcoin... There wouldn't be enough bitcoin for them to do that.  The price would keep increasing until 10 million of them decided that it was too expensive and they no longer wanted one.


Intelligent people don't use black market sites.  I'm not sure what country you are in, but in the U.S.A. bitcoin exchanges are all regulated by the U.S. government.  Some of them (such as Coinbase.com) are even insured by a major global insurance company.

Criminals will always take advantage of foolish people.  People using their local currency are "robbed left right and center" every day.  Does that mean you are going to stop using your local currency? Or does it just mean that you are careful?


Absolute nonsense.  As I said, there are insured regulated exchanges in the U.S.  It is also possible to exchange local currency for bitcoins in person where you can know immediately if you have been paid or not.  People who are careful and take a few moments to make sure they know what they are doing are not "afraid to try" any more than they are "afraid to try" to purchase something from Amazon.com.


Ponzi schemes exist.

They exist with local currencies.   Do you still use your local currency? They exist with stocks. Are you still planning on investing for your retirement? They exist with real estate. Are you still planning on living in a building? They exist with postage stamps (Are you familiar with where the term Ponzi scheme actually comes from?).   Do you still send or receive snail mail?

They also exist with Bitcoins.  Use a little common sense, understand how they work, and avoid them.  You can still use Bitcoin, just like you still use all those other things of value that people run Ponzi schemes on top of.


You are wrong:
https://coinmap.org/#/map/43.66091757/-79.41055298/9

There are more than 50 places in the Toronto area that all accept bitcoin.

Additionally...   Are you able to use any of the following websites in Canada?  They all accept bitcoins:

• Overstock.com
• Expedia.com
• NewEgg.com
• Dell.com
• Dish.com
• Wordpress.com
• Microsoft (Xbox content and Windows store)
• Namecheap.com
• CheapAir.com
• Steam Gaming Platform
• HumbleBundle.com
• BigFishGames.com

There is a lot of negativity in the world. That doesn't stop me from living. Perhaps learn a bit more about bitcoin instead of just repeating things that you heard but didn't understand?  It's amazing how education can overcome negativity in just about all areas of life.


Correct.


It is being sold in a LOT of places. If it was not, then the exchange rate could not go up. The exchange rate can ONLY change if it is actually EXCHANGED.  That's why it is called an EXCHANGE RATE.


Yes.  There is a limit on the total number of bitcoins that will ever be created.  Additionally, there are less of them being created now than there were 4 years ago, and there were less of them being created then than there were 4 years before that.  A limited supply does not automatically make something valuable.  I drew a picture on a piece of paper today, and it is a one-of-a-kind.  There is no other picture exactly like it created by me anywhere in the world.  Yet, somehow it isn't very valuable to anybody else?  Why? Because for something to have a high value there also needs to be a high demand for it.  People need to want to have it.  This is why my picture is essentially worthless, and the Mona Lisa is essentially priceless.  Bitcoin is both limited in supply AND desired by many.  Like ALL things of value in this world, the fact that people want to have and use it COMBINED with it's scarcity is why the exchange rate continues to increase.  Eventually it will reach such a high exchange rate that less people will want to own as much of it (just too expensive for them to afford).  At that point it will finally reach an equilibrium and the price will stabilize.  With only 21 million bitcoins, and more than 7.5 billion people in the world, would you like to take a guess at just how high that equilibrium price will be?  Are you going to wait until it gets to that extremely high price before you own any?  Or would you prefer to acquire some now before most people have decided they are comfortable owning any and the exchange rate is still very low?


You are welcome to your opinion.  One of us will be right, and one of us will be wrong.

If I choose to own $100 of bitcoin today, and I'm wrong...  I will lose $100.

If you choose NOT to own $100 of bitcoin today, and you are wrong (lets imagine for a moment that the exchange rate increased to $700,000 per BTC over the next 10 years)...  You just might lose out on the opportunity to be holding $10,000 worth of bitcoin 10 years from now.

If I'm making a mistake, it is a small mistake ($100).
If you are making a mistake, it is a BIG mistake ($10,000).

Are you sure you want to take that risk?

I wonder where your friend is getting all of this information! Would you mind to find out and verify if these are valid source of information? It would take much of an argument though. I think a single sit down discussion would not be enough and that you need to build up bitcoin to your friend over time. Let him be with his opinions. Opinions are opinions anyway. Just agree to disagree and time will tell whichever of you two are correct. If it is your friend, then good for him and sad for the rest of us. Of it is you, then, at least you've tried to tell and convince him.

You know you should just ignore what he's saying. He's a lost cause and you don't have to prove anything to him. What he said is a clear sign that he isn't and will never be into btc and any other cryptos. Just do your thing, continue with what you're doing whether trading or just simply investing. Once you've gained a lot maybe one day you can email him and ask him how he is doing and then simply tell him something like, "You know I continued investing in btc even though you emailed me all those things and right now I'm having the great time of my life here in Bahamas!" I have friends that I've told about btc months ago but didn't really minded me and now they're all over my messenger asking me for advice how to start in btc. Who knows maybe someday that friend of yours will come around and realize all the good stuff btc has to offer.

From your friend’s email, it is obvious that he is not open to BTC. He thinks that BTC is a scam with low value.

It is not easy to change a person mind, especially an adult. I will advise you to leave him alone. I believe if the person is open minded and willing to try crypto, he will find all sort of ways to get in.

He's quite right about nobody cashing out and prices going up dramatically due to scarcity. But we like the danger!

"Since it's not a government regulated currency to exchange, people are getting robbed left right and center going on these black market sites trying to cash out." and "ponzi" parts are bullshit, though.

You know at one stage in history, people believed the earth was flat and they only believed this, because they were told by

other people that it was flat. I sometimes wonder why they did not consider that the earth might have been round, if they

looked at the Moon and the Sun. Your friend clearly knows very little about Bitcoin, but wants to tell you that the earth is

flat. {The media and the governments says so, so it must be} .... Bitcoin is a very disruptive technology and it disrupts a

lot of old systems. {People who told other people that the earth is flat} The moment when you start looking out of the box,

you will get the bigger picture.  ;)

These been a lot more scams and hacks with fiat than it has with Bitcoin so that isn't a valid excuse I just think Bitcoin is more documented than fiat currencies.

WOW! Thank you so much for this! This helps alot. I used your post and my personal thoughts and put together an email and sent it off to him. Thanks again!

Nothing your friend said even made any sense. He is just saying things off the top of his head without thinking. Everything he said was wrong. I use Bitcoin to pay for things on a weekly basis I sell it sometime for fiat. It takes less then half an hour and most of the time 5 or 10 minutes so I'm not sure what sort of nonesense this friend of yours is talking here. Many big online shops here accept Bitcoin as well. I can buy everything I need with Bitcoin excluding food and petrol and electricity and water and taxes. All those things are fiat.

Here is an example of things I have paid for with bitcoin.

A complete PC. Electronics. Video games. Video game consoles. Coffee machine. Coffee. Board games. A plush toy. Some clothing. Shoes. Should I go on?

All these things delivered to my doorstep paid for with bitcoin and includes buyer protection.

Well, he isn't totally wrong. Bitcoin price is increasing because people aren't cashing out, there is demand, so the price increases and no one regulate it. That is the idea of Bitcoin and he knows it, he just doesn't have faith that it will work and as I see there is nothing you can do about it, it's about beliefs.  :)

i think we all have negative friends, it's just a matter of the perspective, if they are satisfied with the old ideology that money cannot be decentralized, just respect their decision, and in time you will prove yourself. i got this experience from almost all my friends, they were laughing at me when i introduced bitcoin to them, earlier this year, they were all like, its a scam, they will watch me if ever i get successful with bitcoin, and so on. i think it also matters, to where you live, i live in a country, wherein if you tell them a good investment, rather than helping you or wanting to go along with you, what they really want is to see you fall, however if your will is strong, it won't affect you, and just what i've experienced, the idea of bitcoin was rejected before and now that bitcoin is in the news, they are asking me if i'm rich already, and whenever i tell them i'm still doing m best, since it is an investment, there is an amount of time you need to take care of it so it will grow, and what they say today is, if i didn't get rich, why would they try bitcoin and it is all hype. i just respect their decision since i know what i am doing, and in time, for sure, they will ask me about it, when the value is high.

Send him a cut and paste of the daily volume from your favorite exchanges and explain for someone to buy those, someone else had to sell them.    Then stop talking to this friend about bitcoin, he is not interested and you are wasting your time.   

It is obvious that your friend is not interested in Bitcoin and has no trust on bitcoin. And also i think he will not be agree with any bitcoin expert although they tried to talk to him (my opinion). So just let him be.

I don't see any sense in the email of your friend brother. The only thing your friend knows abut bitcoin is negative stuffs like that ponzi schemes, because its not government related currency etc. Never mind your friend and don't bother to convince him/her because at first place he/she doesn't believe in bitcoin. There are many people around the world which you can advertise about bitcoin or try to say it to your relatives or to other friends. Maybe they are interested with it.

I agree with you @Caesar, forcing ourselves to believe in us is a difficult thing, stay on your path and you'll know where you're going.

Not every person is open minded. There are some who's negative like your friend. There are lot of reasons why they are negative about bitcoin. It can be that they don't understand what are we doing, what bitvoin is, why are we doing this. But there are some that is just want to against on your wants. There are some person that really wants to pull us down to be like them. So be carefull for that kind of person. If your friend is negative about it then let him be. You have your own mind. So don't let other person controls you and stop you for aiming for your future.

they are free to express their thoughts about bicoin, the conclusion back to you, whetehr is good you take, and what is bad you left it, leave their thougths not the person, don't lose your friend just because bitcoin. good luck. CMIIW :)

Why not just ignore him? You don't owe him an explanation. I mean, he obviously doesn't know what he's talking about, with the way he brought up confirmation times and how websites use that to exploit users.

Personally, I would at least try to correct his misconceptions. If he's still negative about it, I would simply ask him to agree to disagree. I'm guessing you are both grown ass men so neither of you need any lecturing.

Only stay in the past, will have such thoughts, you stop using bitcoin. It's very negative, you know, the world is moving forward, moving forward, and developing all the time. Block chain already is the trend of the world, not for many years, will be popular.

your friend has a totally negative mind about bitcoin, i think its because of those fake news that came out somewhere whole over the net and brings your friend on that negative thinkin, and i think you cannot change him/her mind to be involve in bitcoin, dont push any harder to explain more about bitcoin on your friends, its enough to him/her that you tell all about bitcoin and its up to him/her whether she/he decided to not get involve and still have that negative mind, the most important thing is you already tells the good news about bitcoin and it not your fault if she/he didnt see that, sooner or later that thoughts he/she had will blow on her/his face and saying your right.

Everyone has positive and negative views about Bitcoin. Because everyone does not agree with everything. Everyone has the right to differ on any issue. There are many opinions about Bitcoin too. Similarly, your friend's opinion is not a crime. He says what he has understood. But he did not recognize Bitcoin correctly. So he made this negative comment. The future of BTC will be very bright. Many people have become free from Bitcoin. You mean to tell all this to your friend.

Look like it is difficult to convince your friend since he has a different  point of view. He is negative about Bitcoin and call it a Ponzi scheme. I guess you have to just ignore what he say and don’t affect your friendship.

He is partially right. After all, there is a lot of scam in the crypto currency, and everyone warns of risks in advance that it is not worth contacting unreliable sellers. There is always the possibility of a mistake. Your friend adheres to the real opinion of a person far from the bitcoin sphere.

Your friend may not have really entered the bitcoin trading market, nor do you know the block chaining technology behind bitcoin. Now the bitcoin has and 2009 was completely different, there are now more people love it, and several countries have plans to use bitcoin to do some actual projects, will soon be able to prove to your friends know that you are right!

No need to convience him/her. That's is human being they have many opinion or philosophy in life you can convience them until you have some proof to them and besides there's so many scammers today so like i said there's nothing knew

There is one thing you need to do in this kind of situation. You need prove to her or to him that bitcoins is not considered as a scam as a whole. Explain to him or her that it is not bitcoins that initiate the scam but it is the person doing it. As you explain it you should be backed up with evidence and proofs that the scam doesn't exist on your part. When he or she don't still accept after the fact you had shown then it is their problem.

I think your friend is one of those victims of scams out there that rants and stereotyping all about Bitcoin based on his experience or maybe he or she is just a total hater about any online investments or clueless about something that makes Bitcoin a trusted and reliable investment on trend these days. Much better you have to help him understand the truth about Bitcoin community and investment or show him or her  some proof of payment if you have. I actually did this with my neighboring friends here in my village, I showed them my wallet and the receipt of the money from a cashout I made in remittance. If ever both our friends still insist that they are right with their beliefs then it's time for us to leave them alone and let the time slap them in the face that they are probably wrong. If I were you I will never waste my time in that kind of person but still it is up to you if you really want to help your friend just make it on your own way.

Its not the matter to be in past or present but the reason is that people are not having proper knowledge about bitcoin neither they have any idea about the success which they can get in very short time by using bitcoin, all what is to do is that first educate them and then show your journey of success to them, the more people get into it the more will it be famous and more will be we benefited. Soon all countries will recognize it

The best thing to do is ignore him, if he doesn't want bitcoin then its up to him if he does not want an extra income or an investment. It is his loss not yours. Maybe there are close minded people who are really not meant to be into new technology. If you already explain everything about bitcoin and still he doesn't want it, then its all up to him. You've already done your part.

Exactly our people do not try to get proper knowledge and believe what they listen from here and there, secondly the most noticed thing among the people is that they predict things before even getting into it. They do not believe until you them proves or show your assets to them.

As it is said that little knowledge is a dangerous thing so better is to get proper knowledge and guidance and enter some promising projects, then enjoy the blessings of bitcoin.

Not some I think we need to help them too much because they are totally misguided from fact and I think we need to teach them properly about bitcoin that what is bitcoin and how it work and how it can help someone in future so there is no doubt that still there are a lot of people so still don’t know about bitcoin so it’s our duty to teach them about bitcoin.

not all of my friends are good with bitcoins, but to those who negative to it  I always say that it is only my decision, and i don't really care about their opinion on it

Well, your friend has the right to choose and it's obvious he's not into it. It's hard to convince people with that kind of level of close-mindedness. To each their own.

I say, don't waste your effort and just let your friend be, and let him find out for himself that bitcoin is the future of digital currency.

Negative companions are not even your companions since they are upbeat on the off chance that they see you in torment. They are tragic in the event that they see you grin and glad. On the off chance that you are gaining bitcoin then they are terminating that you are profiting. In the event that they ever find out about bitcoin like you. At that point they will never at any point converse with you since they will gain there-self.

your friends do not understood anything and too many negative sides in mind this is a task for you to convince your friend bitcoin is not a ponzi scheme , there are many things and breadth in bitcoin if explained your friend should stick to its establishment ,now you do not need to do anything and you should now focus on proving the greatness of bitcoin ,for that you have to raise your status to become a rich from this bite

If I think he's failing to understand bitcoin, on the basis of his statement it seems to be focused on a pathetic multi-level marketing. Actually my friend is not negative. He does not know and does not realize it's more than just a currency and does not need to regulate and has the idea of this regulation protecting consumers. 8)

LoL :) Your friend sounds definitely like my 86 year old grandma.
Oh please, he should be reading more about the latest technologies and inventions.
I see your friend think of bitcoin like a new form of online scam or ponzi scheme, right?
The first question to ask your friend is; Does he really know what is bitcoin? How bitcoin works?
No one will write you this letter knowing what is bitcoin and how it operates with bitcoin fundamental principles.
Bitcoins is currency just like USD but way better because it's digital, fast, secure, decentralized and acceptable worldwide.

Last advice please, consider taking advice from people with knowledge about what they are advising you about. :)     

I can feel you man, I can feel you. I also got a friend (bankier), eversince I brought the topic of cryptocurrencies on the table we are arguing about it. Actually it went as far as really fighting over it verbally one this close to shouting at each other. After this we agreed to disagree and are avoiding the topic now. Some people will learn the truth the hard way! 

You cannot make a person support bitcoin especially when he doesnt understand it. Or maybe he doesnt realize the value of it yet since he is not into it right now. Just continue what you think is best for you and let your friend believe what he wants to believe in. He will only see things clearly if he sees you earning big.

Your friends probably don't know the block chaining technology, or you don't really know bitcoin. You can tell him about the development experience of bitcoin, and ETH and many of the current applications, let him judge again

its hard to convince your friend because He/She has his own opinion about bitcoin, We do not insist on this. We need to respect his opinion.

For me your friends reaction is just normal.
Especially since bitcoin is new to him and he will surely have reservations for it since it onvolves real money.
And i think the solution is here is education. Do not convince him that bitcoin is all good and there is nothing negative about it.  But let him understand what really bitcoin is,  you cannot convince someone with something he doesnt know.

Don't waste your time on negativity. Everyone here knows that you'll have the last laugh. It's just a matter of time before countries would start regulating cryptocurrency. You're gonna be laughing all the way to bitcoin bank.

not all of my friends are good with bitcoins, but to those who negative to it  I always say that it is only my decision, and people has right to say about their opinions.

If your friend keeps stand on his argument about bitcoin then you can't do shit about it, just let it go and don't discuss about bitcoin anymore with him/her. There are many people who don't trust and hate bitcoin out there, so you can force someone to like or use bitcoin. Your friend only know about the negative one like scam, hyip, ponzi etc but never know about the benefit of bitcoin.

Tell him he must have his head up his ass if he doesn't know where to use bitcoin in Canada. I literally just bought a new computer with bitcoin using a Canadian website.

Ask him this: "what is money?" "Who decides your Canadian dollar is worth ... a can of pop?" "Why do you feel like your currency should lose 1-3% of buying power every year? Why is that a benefit?" "Do you trust your government? Scratch that, you don't have to trust anyone with bitcoin" .

All your dumbass friend is focused on is the price. Clearly he has no idea what bitcoin is and why it's so much better than anything he'll ever accomplish with fiat.

Oh and what the fuck is he going on about a ponzi? If one exchange is having withdrawal issues the CURRENCY is now a ponzi? Holy shit. What a moron. I hope that he walks into his bank, asks for 200 grand in cash and they tell him no. PONZI! CALLED IT!

Because everyone is different, your friend's attitude may be because he sees bitcoin from a different point of view than what we see today. You should try to show your perspective to your friends before maybe it will change your friends mind.