While tech giants like Bill gates and John McAfee is speaking for Bitcoin and spreading the goodwill, wall street financial giants like Warren Buffet and Jamie Dimon are calling it a scam and has no value other than people FOMO buying it. This will surely confuse new people who interested in Bitcoin.
Also mainstream media like CNN and WSJ speak ill of Bitcoin and they are the first ones to report if BTC falls like 10% for a day, but they are never to be found when BTC gaining ground. Media is doing the same thing that they did to Trump. But Trump won eventually
What are your thoughts on this media manipulations and financial guys wanting to control BTC?
It’s funny that you should use those two as examples.
Bill Gates left Micro$oft in 2008 before bitcoin was known to more than a small handful of people. Bill Gates said about bitcoin:
“Bitcoin is an exciting new technology. For our Foundation work we are doing digital currency to help the poor get banking services. We don't use bitcoin specifically for two reasons. One is that the poor shouldn't have a currency whose value goes up and down a lot compared to their local currency. Second is that if a mistake is made in who you pay then you need to be able to reverse it so anonymity wouldn't work.”
He also said:
“There’s a lot that bitcoin or Ripple and variants can do to make moving money between countries easier and getting fees down pretty dramatically. But bitcoin won’t be the dominant system.”
John McAfee has proven himself to be a complete nutter.
http://yournewswire.com/john-mcafee-bitcoin-scam/I’ve seen dozens of news stories about the climbing price of bitcoin lately. It seems to be all anyone can talk about. The news is the news. Shock and awe are standard business for the media. Would you read a story that said, “Jim drove to work today and nothing happened on the drive. He bought a Big Mac on the way home. Film at 11.”