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Other => Beginners & Help => Topic started by: Xal0lex on September 16, 2023, 05:04:14 PM



Title: Knowledge to help you argue with bitcoin critics
Post by: Xal0lex on September 16, 2023, 05:04:14 PM
Newbies, if you want to start learning bitcoin, it is important for you to protect yourself in time from various information garbage and all sorts of speculations related to bitcoin and its technology. For 14 years of its existence, bitcoin has grown a lot of myths, which are still actively broadcast in the space. Don't get caught in the web of myths and speculation. In any discussions related to criticizing bitcoin, it is important to arm yourself with knowledge. For this purpose, I will recommend you a good set of services and articles that will help you understand everything.

  • Bitcoin Myths (https://en.bitcoin.it/wiki/Myths)
  • End The FUD (https://endthefud.org)
  • Top Cryptocurrency Myths (https://www.investopedia.com/tech/top-bitcoin-myths/)
  • Bitcoin FUD Deep Dive And Debunk (https://bitcoinfoqus.com/bitcoin-fud/)
  • Every Reason Bitcoin Will Not Fail (https://safehodl.github.io/failure/)
  • GETTING STARTED WITH BITCOIN (https://www.lopp.net/bitcoin-information/getting-started.html#misconceptions)
  • Why Bitcoin, The Series (https://tomerstrolight.medium.com/why-bitcoin-the-series-660fe20ec244)
  • Addressing Persisting Bitcoin Criticisms (https://www.fidelitydigitalassets.com/research-and-insights/addressing-persisting-bitcoin-criticisms)


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: bitmover on September 16, 2023, 05:08:01 PM
Knowledge is certainly the best way to survive in this ecosystem.

Personally,  the book Mastering Bitcoin changed completely the way I see it, and it was an amazing introduction to what bitcoin is.

It is free and available ar github.com

https://github.com/bitcoinbook/bitcoinbook/


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: Odohu on September 16, 2023, 05:10:30 PM
You are right and I truly think the newbies need the right information so they don't get distracted. However, as for the caption of the post, I don't see any need for newbies to engage in argument with critics.

What the newbies need is to get the knowledge that will sensible them build their faith in Bitcoin. This faith will protect them from every negative posts and discouragement. Remember,  "if you are informed, you cannot be deformed"


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: Charles-Tim on September 16, 2023, 05:15:22 PM
Anyone that knows about the knowledge of demand and supply and also understand the principle of how assets are increasing in price due to increase in demand will like bitcoin and able to defend that it is an asset with limited supply of just 21 million BTC. For people to understand about bitcoin against critics, reading the bitcoin white paper can be the start.

https://bitcoin.org/en/bitcoin-paper


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: jrrsparkles on September 16, 2023, 05:36:05 PM
  • Every Reason Bitcoin Will Not Fail (https://safehodl.github.io/failure/)
This link covers most of the speculated topics against Bitcoin in general so it will be really useful for anyone who wants to grow their knowledge to counter bitcoin haters. :)

Especially for the people who say bitcoin mining is bad for the environment and this Cambridge University's Updated Bitcoin Electricity Consumption Index Reveals Lower Energy Consumption (https://coinmarketcap.com/alexandria/article/cambridge-universitys-updated-bitcoin-electricity-consumption-index-reveals-lower-energy-consumption) update serves as where the bitcoin mining usage stands and its compared to what even though it is somewhat inaccurate still it shows which we can compare with and how governments are exaggerating and blaming bitcoin for mistakes they are making.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: Stepstowealth on September 16, 2023, 06:14:43 PM
Just like the pastor in church will tell us that knowledge of the scriptures will help us against the devil, Knowledge about bitcoins will help you to be able to decipher a bad and wrong information about bitcoin when heard. Getting into an argument because you have knowledge is not really worth the energy when you notice that the person who you are wanting to correct does not want to accept correction. The knowledge that you have is more to help not to get deceived, not for you to get into an argument with.



Title: Re: Knowledge to help you argue with bitcoin critics
Post by: alastantiger on September 16, 2023, 06:30:08 PM
An individual with the knowledge of inflation and currency devaluation especially if they are from a country that is not doing so well economically, can easily argue with any critic from a practical and real life application point of view about how bitcoin adoption improves the economic prospects of a country using El Salvador as a case study. There's so much that country has achieved in a year that would make great points.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: Mr.suevie on September 16, 2023, 06:32:24 PM
People are easily influenced and corrupted when they don't have proper knowledge on what they are practically involving themselves and this is the same case with bitcoin. As bitcoin is fast growing they are so many people and nations already against its adoption because of its decentralised nature which prevents any central body from controlling it making it a hate project for many government body but those who know it's true value are still adopting it. So as a newbie it's only proper to fully equipt oneself against these hates.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: 348Judah on September 16, 2023, 07:03:16 PM
Newbies, if you want to start learning bitcoin, it is important for you to protect yourself in time from various information garbage and all sorts of speculations related to bitcoin and its technology. For 14 years of its existence, bitcoin has grown a lot of myths, which are still actively broadcast in the space. Don't get caught in the web of myths and speculation. In any discussions related to criticizing bitcoin, it is important to arm yourself with knowledge. For this purpose, I will recommend you a good set of services and articles that will help you understand everything.

  • Bitcoin Myths (https://en.bitcoin.it/wiki/Myths)
  • End The FUD (https://endthefud.org)
  • Top Cryptocurrency Myths (https://www.investopedia.com/tech/top-bitcoin-myths/)
  • Bitcoin FUD Deep Dive And Debunk (https://bitcoinfoqus.com/bitcoin-fud/)
  • Every Reason Bitcoin Will Not Fail (https://safehodl.github.io/failure/)
  • GETTING STARTED WITH BITCOIN (https://www.lopp.net/bitcoin-information/getting-started.html#misconceptions)
  • Why Bitcoin, The Series (https://tomerstrolight.medium.com/why-bitcoin-the-series-660fe20ec244)
  • Addressing Persisting Bitcoin Criticisms (https://www.fidelitydigitalassets.com/research-and-insights/addressing-persisting-bitcoin-criticisms)

Honestly i found this thread very interesting to help beginners have more insight about bitcoin and how an average bitcoiner could perfectly engage criticism from others who are ready to argue their way out with every bitcoin users, if we csn really learn from this, then there will be no much to fear about in giving response to critics on bitcoin who are ready to drag to an extent with you their oen stance on bitcoin, also some newbies needs direction on learning about bitcoin and where to start which i also see this as a helpful threads they can get recommendation on.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: letteredhub on September 16, 2023, 07:05:32 PM
As a newbie I'll entreat on guilding myself with the knowledge and informations about bitcoin not for the sake of argument but for the purpose of strengthening my resolute about bitcoin and the bitcoin blockchain network.

Anything for the sake of argument may probably raise some tension giving an edge to their garbage speculations about bitcoin making them feel they might be right or true about their myths.

Theit arguments doesn't change a thing about bitcoin. For the past 14 years they have been giving the garbage what have they achieved?


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: _act_ on September 16, 2023, 07:05:47 PM
As bitcoin is fast growing they are so many people and nations already against its adoption because of its decentralised nature which prevents any central body from controlling it making it a hate project for many government body but those who know it's true value are still adopting it.
Do not mind anyone that says the government do not like bitcoin, bitcoin is strictly banned in few countries, most countries allow their people to buy, sell and hold bitcoin. Just that their will always be critics. Even as bitcoin has proved these critics wrong so many times, many of them still prefer to criticize bitcoin. Out of hundreds of countries in the world, less than 15 countries strictly ban it while others allow it in one way or the other.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: The Cryptovator on September 16, 2023, 07:35:50 PM
Thanks for sharing these threads; it would help newbies survive in the Bitcoin ecosystem. Often, Bitcoin investors will encounter a lot of FUD. To be honest, the FUD sometimes even scared our brains and attempted to dump our portfolio. If we don't have the proper knowledge, then we can't survive during heavy FUD. We have to learn how to face these kinds of FUD, rumours, and bad news. Otherwise, it will be hard to hold and survive on Bitcoin. We don't need too much study; just see the whole Bitcoin chart and realise where we are now and what will happen in the future.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: isaac_clarke22 on September 16, 2023, 08:01:06 PM
~
Bitcoin Obituaries might suit also in this thread. I heard so many people thinking that Bitcoin has been dead already for x number of years and I just can't help it but cringe into their statements regarding it. I think it's finally a time to educate some unaware individuals that Bitcoin could "die over and over again" :D .

Not sure if it is really for Bitcoin critics, but hey just going to add my inputs in here.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: Fiatless on September 16, 2023, 08:50:27 PM
Thanks for sharing these threads; it would help newbies survive in the Bitcoin ecosystem. Often, Bitcoin investors will encounter a lot of FUD. To be honest, the FUD sometimes even scared our brains and attempted to dump our portfolio. If we don't have the proper knowledge, then we can't survive during heavy FUD. We have to learn how to face these kinds of FUD, rumours, and bad news. Otherwise, it will be hard to hold and survive on Bitcoin. We don't need too much study; just see the whole Bitcoin chart and realise where we are now and what will happen in the future.
I just scanned through the materials and found out that they contain relevant topics that will be helpful not only to newbies but to everyone. Most of the news we get from the media are designed to promote some kind of agenda.  Some politicians and economists use the media to spread FUD in the Bitcoin space just to discourage people from embracing this decentralized coin. One of the frontline a piece of news is promoting news that Bitcoin consumes more electricity and destroys the environment. Meanwhile, the energy consumption of Bitcoin is highly overestimated just for the sake of achieving their agenda. I will have to find time to read the recommended materials and I encourage newbies to check them out.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: Salahmu on September 16, 2023, 09:18:56 PM
Op thanks for the Guidelines the newbies will surely learn from this thread, because is very important as a newbie to be more knowledgeable about Bitcoin because in the world of crypto knowledge is very important and should never be taking for granted imagine being on a crypto discussion and you could not offer any idea or suggestion about Bitcoin due to lack of knowledge so that's one of the reason why newbies needs knowledge to survive on Bitcoin, understanding the ecosystem and the concept of Bitcoin a newbies can never pay attention to critics because he knows what should be done. With knowledge you can eradicate FUD and can never be influenced by rumors and discouraging news about Bitcoin.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: BitcoinPanther on September 16, 2023, 09:30:09 PM
These are a good collection of list about proving Bitcoin isn't a scam as other thought.  Knowing what is on the link can refute anyone that says Bitcoin is a huge ponzi scheme and may make the change of heart of the unbeliever.  Although I do not want to argue with anyone that has a different point of view, learning what is on the link can strengthen our understanding and belief about the Bitcoin and its impact to the human financial system.  Thus we will not easily persuade by those who wanted to see Bitcoin industry to fail.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: Smartvirus on September 16, 2023, 11:20:37 PM
Possibly those and even more but,
Why do I need to argue? Do I really need that? To make everyone believe my words to be true and perhaps go by what I say… naahhh, I’m not sure I need that. I don’t find myself being obligated by anything to try and convince someone other than, the person having to realize just how helpful it would be for them to take to a side that has got bitcoin in it. If the investor’s prospect doesn’t agree, then it’s okay for them to go with whatever gives them peace.

The only time I feel i might have a course to argue is in the event of me having to put out a proposal and have needs to defend it against them critics. Other than that, am just okay buying and hodling while making my achievements silently. I’ll prefer that to having to argue with anyone who just feel they are at the top of knowledge.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: Dave1 on September 17, 2023, 02:32:53 AM
I do agree that education is the key to somewhat "argue" against bitcoin critics.

And far as the environment goes, there is also one great thread by @fillippone Debunking the "Bitcoin is an environmental disaster" argument. (https://bitcointalk.org/index.php?topic=5325350.0) It's every important because this is the recent attack on bitcoin, so we need to shatter this myth together with those other mentioned by the OP.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: Don Pedro Dinero on September 17, 2023, 03:51:04 AM
Possibly those and even more but,
Why do I need to argue? Do I really need that?

I agree, but not only because of what you say. I don't argue with anyone about bitcoin because I don't want anyone to know I have bitcoin. I don't want to put myself in the crosshairs of potential thieves, kidnappers or the government. In this privacy-conscious forum, the only thing missing was for people to take privacy measures to the maximum so that their bitcoins could not be traced on the blockchain but then go around arguing in bars about it.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: YUriy1991 on September 17, 2023, 04:10:09 AM
Newbies, if you want to start learning bitcoin, it is important for you to protect yourself in time from various information garbage and all sorts of speculations related to bitcoin and its technology. For 14 years of its existence, bitcoin has grown a lot of myths, which are still actively broadcast in the space. Don't get caught in the web of myths and speculation. In any discussions related to criticizing bitcoin, it is important to arm yourself with knowledge. For this purpose, I will recommend you a good set of services and articles that will help you understand everything.

  • Every Reason Bitcoin Will Not Fail (https://safehodl.github.io/failure/)


Yeah. I like to read " Every Reason Bitcoin Will Not Fail" it and it seems interesting. Btw, I think it's good not only for beginners. I also need to read more than what you said above. Yes. Thank you OP for sharing and this is very useful and useful.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: Egii Nna on September 17, 2023, 05:38:14 AM
Newbies, if you want to start learning bitcoin, it is important for you to protect yourself in time from various information garbage and all sorts of speculations related to bitcoin and its technology. For 14 years of its existence, bitcoin has grown a lot of myths, which are still actively broadcast in the space. Don't get caught in the web of myths and speculation. In any discussions related to criticizing bitcoin, it is important to arm yourself with knowledge. For this purpose, I will recommend you a good set of services and articles that will help you understand everything.

  • Bitcoin Myths (https://en.bitcoin.it/wiki/Myths)
  • End The FUD (https://endthefud.org)
  • Top Cryptocurrency Myths (https://www.investopedia.com/tech/top-bitcoin-myths/)
  • Bitcoin FUD Deep Dive And Debunk (https://bitcoinfoqus.com/bitcoin-fud/)
  • Every Reason Bitcoin Will Not Fail (https://safehodl.github.io/failure/)
  • GETTING STARTED WITH BITCOIN (https://www.lopp.net/bitcoin-information/getting-started.html#misconceptions)
  • Why Bitcoin, The Series (https://tomerstrolight.medium.com/why-bitcoin-the-series-660fe20ec244)
  • Addressing Persisting Bitcoin Criticisms (https://www.fidelitydigitalassets.com/research-and-insights/addressing-persisting-bitcoin-criticisms)

Wow, I am very excited to see this thread because this thread will guide not only newbies but also other members that might have little knowledge about the bitcoin ecosystem, but if you can read this article and understand, I assure you, you will never mind in any way to defend bitcoin, and it will also encourage you to explore more and also teach others that are interested but think that bitcoin is a scam. Those people need adequate knowledge about bitcoin itself and its ecosystem.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: Faisal2202 on September 17, 2023, 11:39:23 AM
You have created an awesome topic, dear OP, I found many answers to my queries which I had in my mind but I mostly Ignore them. Maybe due to my laziness. But for a second, I thought I should click on your all links and spend some time in reading some topics. And after reading the very first topic I found out a good answer to a query that almost every person (who is not involved in crypto) asked me. And that is:
Bitcoins are worthless because they aren't backed by anything
source (https://en.bitcoin.it/wiki/Myths#Bitcoin_is_just_like_all_other_digital_currencies.3B_nothing_new:~:text=certain%20attacks.-,Bitcoins%20are%20worthless%20because%20they%20aren%27t%20backed%20by%20anything,-One%20could%20argue) I found a very valid answer to this query and thanks to you. I have bookmarked other topics and I will nourish myself with some useful knowledge about BTC. And whenever I a newbie will come here with doubts, I will mention your topic.

https://endthefud.org/ This link is comprised of great topics, I read only a few but reading them in a short time for a person is impossible. But I have a question, where did you find this website? As this website is not ranked and seems personal to you (means, some website are so unique and under-rated that only a few people know about them while those same websites consists of a hell lot of useful content). Where did you find it?


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: cafter on September 17, 2023, 12:37:37 PM
Nice to see all myths and fuds about bitcoin in one place with good explanation and right answers.
but first any newbie is reading without learning the basics of bitcoin then please go and learn about bitcoin then visit OP's links to get better understanding of what is right and what is a myth.
I would like to recommend an easy wiki for bitcoin (https://www.wikiwand.com/en/Bitcoin) to learn about every word related to bitcoin,
don't miss the economics section you will know what problems are associated with today's financial system and what problems are solved using bitcoin.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: Lida93 on September 17, 2023, 12:52:52 PM
An individual with the knowledge of inflation and currency devaluation especially if they are from a country that is not doing so well economically, can easily argue with any critic from a practical and real life application point of view about how bitcoin adoption improves the economic prospects of a country using El Salvador as a case study. There's so much that country has achieved in a year that would make great points.
The prevalent spiking inflation has saved bitcoin so much trouble as fiat currency is no more adequately giving the deliverables of a reliable currency with so many people forced by the harsh economic impact of the fiat system to fall on to cryptocurrency mostly bitcoin as an alternative adoption for the failing fiat currency with it's associated constant devaluation and central control. Even in countries where the government places restrictive measures and ban on bitcoin, those that have been privileged to earn the knowledge and benefits of bitcoin are not deterred by their actions as they keep holding on to bitcoin without allaying fears.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: Pingrapole on September 17, 2023, 02:05:17 PM
Criticism is part of success because work without criticism does not progress well any wise and intelligent people love criticism and tolerating criticism is a part of growing up, so criticism is using it as a tool against your mind. Satan will throw you many obstacles and overcome these obstacles. This content is very important for beginners.If you are going to do or try to do something big, people will criticize those who can endure it and survive will be successful.In my opinion let them give more criticism and if you see this criticism as positive as you will see that you have done better for his criticism.It is natural that Bitcoin will not fail for every reason
***Bitcoin is working in every field in today's world so you better understand Bitcoin first then present various arguments and its application point of a view Be able to convince them that it is applicable, and you will win the argument with them and the critics will speak for you.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: Zigabel on September 17, 2023, 03:52:12 PM
You are right and I truly think the newbies need the right information so they don't get distracted. However, as for the caption of the post, I don't see any need for newbies to engage in argument with critics.
Firstly getting or seeking for knowledge is a very vital survival methodology that every newbie must have to be able to survive and thrive in this ecosystem. But seeking for knowledge to be able to engage critic's is a very wrong approach as it will be of more harm than good to every newbie who thread such path. Knowledge/information for growth should be the drive.

There are several dangers in acquiring knowledge for the sake of engagement with critics, it makes the information less useful and beneficial to you because after every argument you tend to ditch the knowledge acquired as it has served it's purpose which aught not to be so. Getting knowledge aught to be for the purpose of growth to the individual who has seek such knowledge. The idea of an argument is even a very wrong perception to begin with, as a newbie you are supposed to rather engage in conversation for the purpose of gaining knowledge for growth and never arguing with critics or whosoever.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: Saint-loup on September 17, 2023, 05:58:58 PM
Criticism is part of success because work without criticism does not progress well any wise and intelligent people love criticism and tolerating criticism is a part of growing up, so criticism is using it as a tool against your mind. Satan will throw you many obstacles and overcome these obstacles. This content is very important for beginners.If you are going to do or try to do something big, people will criticize those who can endure it and survive will be successful.In my opinion let them give more criticism and if you see this criticism as positive as you will see that you have done better for his criticism.It is natural that Bitcoin will not fail for every reason
***Bitcoin is working in every field in today's world so you better understand Bitcoin first then present various arguments and its application point of a view Be able to convince them that it is applicable, and you will win the argument with them and the critics will speak for you.
I agree with you, it's also important to listen to the criticisms of detractors, because despite being a religion for some maximalists, Bitcoin is a creation of humans, and even if we don't know the precise identity of its creator, it's not perfect. The amount of computing resources and energy used per transaction are questionable, and should be addressed more efficiently IMO. The mining fees required to spend one transaction, and the amount of time we need to wait in order to get one single confirmation are also very high for a cryptocurrency or in comparison with other means of payment in 2023. This despite limited features (no smart contracts, no real anonymity, hardly safe, ...)


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: BlackBoss_ on September 19, 2023, 10:58:04 AM
The mining fees required to spend one transaction, and the amount of time we need to wait in order to get one single confirmation are also very high for a cryptocurrency or in comparison with other means of payment in 2023. This despite limited features (no smart contracts, no real anonymity, hardly safe, ...)
I want to have cheaper transaction fee but if a faster block like 5 minutes, 1 minute potentially reduce safety for my confirmed transaction and put my trade deal with a trade partner at risk of like blockchain rollback, double attacks, I will not vote for faster block time.

I still believe that safety should be the first factor for any transaction and trade deal. Waiting 10 minutes or 30 minutes to have enough confirmations and make the transaction less likely to be reverted is very acceptable.

If anyone wants to have faster transaction and cheaper fee, they can use Lightning network.


Title: Re: Knowledge to help you argue with bitcoin critics
Post by: Dr.Bitcoin_Strange on September 20, 2023, 12:31:55 PM
Those are really good contents for a newbie to start with, so that he or she would not get Mileased through other individuals Bitcoin misconception, already there are most people in the society of the country they are but they don't just believe in Bitcoin because of one bad experience they have had or maybe their friends was the person that had the bad investment with some crypto currency as a result of that, they themselves also becomes hater of Bitcoin and when ever they talks, they speak with obsession and misconception, for a newbie or Bitcoiner who has got a grounded knowledge about Bitcoin, the person can speak to defend Bitcoin, but if a newbie who doesn't have a good knowledge about Bitcoin is also there, they can easily get convinced towards the negative idea about Bitcoin from haters. This is good content, like I said before.