Bitcoin Forum

http://time.com/money/3479199/why-bitcoin-fans-dont-believe-in-bad-news/

Opinions?

BS

What kind of professor would call bitcoin a "scam?" Even if you didn't think it would be successful, what is the scam part? What, Satoshi invented it to scam people? Its an idiotic statement of epic proportions. A scam assumes something is A) controlled by someone B) premeditated and C) can be executed by someone.

Bitcoin is none of these things. Its quite the opposite of all 3 of these things.

If one day bitcoin is worth $0, it was never a scam.

I didn't read the article... But think about what you're saying & think about how bitcoin is set up. Only a few only the majority of these coins so everytime we take huge dips or gains it makes BTC look like a huge pyramid scheme!

Yeah, i thought what he was saying was pretty interesting, but when i read that, it pretty much discredited everything else he said. Because only someone who has no idea what they are talking about, would call BTC a scam.

What do you mean "Opinions?" The article is clearly biased and cherry-picked a particularly ignorant/dishonest academic to interview.

Price is always debatable, of course, but anyone still calling bitcoin a "scam" can no longer be forgiven as simply uneducated. Bitcoin has been around long enough, and received enough exposure not only in the media, but also in academic circles and government hearings and regulatory bodies that it is no longer acceptable in educated society to retain the knee-jerk "it's a scam" reaction. At this point, that belies either a profound stupidity, or some disingenuous motivation.

tldr; that article is trash, and belongs in 2011.

Oh, when i said "Opinions?" i was asking for the communities opinions. But its funny, now that you mention it, it seems like this article was written in 2011, and they forgot to publish it until now, and they just added in the current price trend at the top lol.