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December 24, 2013, 08:52:41 AM |
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FUD stands for fear, uncertainty, doubt. It is a method used by large companies to control money flow. It is being used by the media in articles about Bitcoins so as to reduce Bitcoin market cap and in particular venture capital funding. The method is simple and obvious: Introduce fear, uncertainty, and doubt anywhere in an article that might even be otherwise apparently positive about Bitcoin. For example: Bloomberg: "Why real money is less risky than Bitcoin". When enough idiotic contradictory fallacious headlines and articles are written people succumb to fud. The answer: Call these people on it, and find other sources of information. So I do my duty with this forum post and ask others to do the same.
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