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Author Topic: anyone read this article: The scam called Bitcoin?  (Read 4517 times)
zeraTunerse
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June 17, 2015, 01:19:27 AM
 #41

[...]
And the final conclusion is "The future might not belong to Bitcoin, but it should to its technology."
Seems to be the new approach by main stream media: Bitcoin - boo! Blockchain - yay!
Same old, same old.
A couple decades ago it was "Internet - boo! Intranet - yay!"

It's just the latecomers saying:
Yeah, well... I'm gonna go build my own blockchain, with blackjack and hookers. In fact, forget the blockchain! Wink

\
Lol..Exactly was the same case with Internet when it was just introduced to the people across the globe, No one entertain it and said it would not resist for a longer time but today we all know what impact Internet has on individual, society and also the big corporates. It is impossible to survive without internet and one fine day same would be with Bitcoin.
dollarneed
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June 17, 2015, 01:58:19 AM
 #42

WTF? This Matt O'Brien guy again? I just read some half-a-dozen or so anti-Bitcoin articles in the Washington Post authored by this guy, and now it seems that he is authoring articles for the New Zealand Herald as well. A trans-continental anti-Bitcoin author? Who is really sponsoring this idiot? I am not ready to blame Jeff Bezos, as he seems to be a genuine guy...

Some of the articles authored by him:

The Atlantic:

Bitcoin Is No Longer a Currency
Why Bitcoin Will Never Be a Currency
Bitcoin Is the Segway of Currency

Washington Post:

Bitcoin isn’t the future of money — it’s either a Ponzi scheme or a pyramid scheme
Bitcoin revealed: a Ponzi scheme for redistributing wealth from one libertarian to another

New Zealand Herald:

Matt O'Brien: The scam called Bitcoin
I try and disregard the overly obvious shit media, this guy is saying what he thinks businessmen want to hear which is the rumor they've heard that Bitcoin is bad but the blockchain is good.

Thats why i hated media,they always spread negative rumors about bitcoin and thats a brainwashing to people so that they're gonna stay away from bitcoin and never using it.
MicroGuy
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June 17, 2015, 02:39:05 AM
 #43

That's why i hated media,they always spread negative rumors about bitcoin and thats a brainwashing to people so that they're gonna stay away from bitcoin and never using it.

I'm 50 years old and have met many people. There is only one that I can say for sure that isn't "brainwashed".

Never fear when a negative article appears in the media. It's a not-so-well-kept secret in Hollywood that negative publicity only comes second to positive publicity.

bank of bits
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June 17, 2015, 01:49:15 PM
 #44

Any news is supposedly good news.  Even if they end with the typical, "illegal", "money laundering," and "ponzi scheme" mantra that is in every mainstream BTC article.
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June 18, 2015, 08:02:58 PM
 #45

the thing is to keep bitcoin alive on news even with bad or good news to it the thing is to show to the world that bitcoin keeps here and can wait for them as internet made on the last years ....
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June 18, 2015, 08:05:41 PM
 #46

It's cool because he shows he has no idea about this and it's cool to see ignorant people talking about things they don't know
Marbit
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June 19, 2015, 06:03:18 PM
 #47

Sometimes it's hard to tell whether Bitcoin is more like Ponzi scheme or a pyramid scheme.

Whatever it is, though, it isn't a currency. It's a tech stock. Each Bitcoin is really a share in a system that seems to make it cheaper to transfer things online - money, stocks, bonds, even the deed to your house - by cutting out the middleman. Well, kind of. Bitcoin doesn't remove the middleman so much as replace him with middlemen who don't make you pay much, but make society as a whole do so instead. Is this progress?

[...]

And the final conclusion is "The future might not belong to Bitcoin, but it should to its technology."




http://m.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11462977

Finally a post I agree too, not entirely, but partly. I've huge respect and appreciation for Block chain, and not bitcoin in itself. I'm a staunch support of Etherium too, love the idea. Block chain is the future in my opinion, and from where I see it, it's bright and shiny.

bitnanigans
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June 20, 2015, 01:47:10 PM
 #48

Sounds like a clickbait article for ad money. Everyone's paying attention to bitcoin now, so it's not surprising.
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June 20, 2015, 02:01:37 PM
 #49

"anyone read this article: The scam called Bitcoin?"

No, but I did read a blog post some time ago that might as well have been entitled "The scam called Nxt." Had the author of it not self-disclosed his identity, I would have been tempted to comment: "Is that you, Mr. Schiff?"

But I do have to say that reading that particular dithyramb did reinforce the point that we're all in this together. With that noted, I'll head back to the altcoin ghetto. 






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knowhow
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June 22, 2015, 11:30:56 PM
 #50

well media works with money if you pay them to say someone made a shop of bitcoin,someone sold or bought a ferrari with bitcoin they would make it happen .... remember they got paid to do some articles...
kenbytes
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June 26, 2015, 04:24:10 PM
 #51

This. There's also a ton of FUD in the general public about bitcoin in general. The media does a fantastic job portraying it as "illegal ponzi currency"

ifightformerkel
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June 26, 2015, 05:43:25 PM
 #52

At first they say that everything is bad and a scam.

First light = bad, first car = bad, internet = bad

in 5 years Matt O'Brien will change his opinion, and he will cry later, to not jump on this revolution.
Nxtblg
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June 26, 2015, 06:06:57 PM
 #53

At first they say that everything is bad and a scam.

First light = bad, first car = bad, internet = bad

in 5 years Matt O'Brien will change his opinion, and he will cry later, to not jump on this revolution.

Very good point. It's either "scam" or "toy." Either "too good to be true" or "why would anyone in Realville use this?" Same old song...






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...INTRODUCING WAVES........
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LiteCoinGuy
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June 26, 2015, 06:21:56 PM
 #54

we are in the mid of 2015 now. i will not read that. a waste of time.

Amph
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June 26, 2015, 07:23:58 PM
 #55

At first they say that everything is bad and a scam.

First light = bad, first car = bad, internet = bad

in 5 years Matt O'Brien will change his opinion, and he will cry later, to not jump on this revolution.

gandhi quote would come in hand here, it is what they are exactly doing

bitcoin will win in the end, no matter how much they hate it or they want it to not succeed
Bit_Happy
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June 26, 2015, 07:37:21 PM
 #56

At first they say that everything is bad and a scam.

First light = bad, first car = bad, internet = bad

in 5 years Matt O'Brien will change his opinion, and he will cry later, to not jump on this revolution.

Very good point. It's either "scam" or "toy." Either "too good to be true" or "why would anyone in Realville use this?" Same old song...

Negative media doesn't matter nearly as much as the occasional positive stories about BTC:
The Flat Earth Society will reject Bitcoin, but a large group of wise investors will seek refuge from the tyranny of fiat money.

thebenjamincode
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June 28, 2015, 05:28:05 AM
 #57

This article points out lots of negative in bitcoins. I really don't like this article. The title itself already tell it's content. Bitcoin isn't just a scam. I'm sure after many years the author will knee and ask himself "Why did I write this?" Bitcoin gives hope for others.
knowhow
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June 29, 2015, 10:34:05 PM
 #58

well they talk about a thing they didnt looked depply even if they had looked it otherwise wouldnt make sense to write such about a thing that almost dont know or searched about
ikydesu
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June 29, 2015, 11:06:35 PM
 #59

It's proved if bitcoin is famous, awesome and a lot fans out there, when you have a fans always there are a haters.




~iki
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June 30, 2015, 03:38:36 PM
 #60

well they talk about a thing they didnt looked depply even if they had looked it otherwise wouldnt make sense to write such about a thing that almost dont know or searched about

https://www.youtube.com/watch?v=UlJku_CSyNg  Grin






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