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Author Topic: Arguments against bitcoin vs banking?  (Read 357 times)
AGD
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November 21, 2017, 01:23:17 PM
 #21

OP, got to /r/btc
There you'll find a lot of arguments against Bitcoin

Bitcoin is not a bubble, it's the pin!
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jman0war
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November 21, 2017, 01:23:36 PM
 #22

in my opinion, the most valid argument againt all the crypto, including btc is safety/security.

Too many scam, too many theft and, different fiat coin, there is no way to recover it.

Fiat money can't steal by a virus/malware..
Yes you can.
Debit cards getting skimmed is a common method.
It's just that your bank has insurance to pay it back to you, but that insurance is basically 'socializing the losses' and we all pay more in fees to cover those losses.
Fiat currency also gets counterfeited which is sort of like a double-spend.
The central banks have no actual way to stop it, except to design more complex notes to try and make it harder to do.


Maestro75
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November 21, 2017, 01:45:02 PM
 #23

Hello all,

I've only recently started looking into bitcoin and cryptocurrencies and I've found a whole lot of good solid arguments in favor, making a very strong case for them.

But being the eternal sceptic I'd also like to know the position of those opposing them. And so far I haven't found any solid arguments against bitcoin and the cryptocurrencies in general vs traditional banking.

If anyone here has any links to articles/videos or forum posts making valid and plausible arguments against bitcoins/cryptos I'd appreciate if you could share them with me.

Cheers!

Rolo

Just to clarify, I am not talking about arguing bitcoin against other cryprocurrencies, but rather arguments against bitcoin vs traditional banking.
Since you are looking for arguments against Bitcoin, you can go dig into the brain of the JP Morgan boss. He surely has enough to call Bitcoin a bubble. Ok, I guess Warren Buffet's position can also gladden your heart that Bitcoin has no value. Here is that: https://cryptovest.com/news/warren-buffet-the-idea-that-bitcoin-has-value-is-just-a-joke/ or you can follow up on a thread about that here in the forum:
https://bitcointalk.org/index.php?topic=2432819.0

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TassosT (OP)
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November 21, 2017, 02:03:56 PM
 #24

Since you are looking for arguments against Bitcoin, you can go dig into the brain of the JP Morgan boss. He surely has enough to call Bitcoin a bubble. Ok, I guess Warren Buffet's position can also gladden your heart that Bitcoin has no value. Here is that: https://cryptovest.com/news/warren-buffet-the-idea-that-bitcoin-has-value-is-just-a-joke/ or you can follow up on a thread about that here in the forum:
https://bitcointalk.org/index.php?topic=2432819.0

Ah yes, that's the type of arguments I was looking for Smiley Thanks Maestro.
tuapoma
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November 25, 2017, 02:16:50 AM
 #25

BTC is dead and split, while BTCxBCH whales fight, the DASH Digital Cash is the best option!
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