AARP Tells Retirees that Bitcoin is Mainly Used by ‘Bunch of Criminals’

[oksgvardukraine2018]

AARP Tells Retirees that Bitcoin is Mainly Used by ‘Bunch of Criminals’
The American Association of Retired Persons (AARP) has ascribed a bizarre definition to bitcoin in a caustically worded article on its website published on Wednesday, Oct. 10. In the slideshow post titled “Improve Your Financial Literacy With This Glossary,” a heavy dose of contempt is specifically reserved for the description of bitcoin and blockchain in their respective slides, while other terms like “emerging markets” and “exchange-traded funds” are defined using regular financial language.

‘Criminals, Idealists and Speculators’ https://www.ccn.com/aarp-tells-retirees-that-bitcoin-was-created-by-bunch-of-criminals/

Unfortunately, when people do not understand something, they try to denigrate it. The clash of generations really does take place. It's just like saying that a car is bad, criminals drive it, but the cart is very good.

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[avikz]

I strongly condemn the attempt to intentionally deframe bitcoin. The article says,

"A bunch of computer code that a bunch of criminals, idealists and speculators agree is worth “real” money. Sadly, its real-money value swings widely, making it impractical except for criminals, idealists and speculators."

I will appreciate if someone from USA can register an account and post a comment against this statement. I tried to register an account but couldn't do it as my ip is not from USA.

[HabBear]

AARP Tells Retirees that Bitcoin is Mainly Used by ‘Bunch of Criminals’

Fortunately, in the world of financial advice AARP is like those cellphones with overly big numbers and a quick dial to 911.

Yeah, it's annoying that they're painting a completely false picture of what bitcoin is. They're hurting their constituents because they're not bothering to educate them on the advancements that cryptocurrency brings to the financial system. But are they really doing us a disservice? No.

AARP is literally for old retirees that are barely hanging on to enough finances to survive. Anyone that has more money is relying on real investment management firms for their advice. These people shouldn't be buying bitcoin, they should be buying muni bonds. And their wealth isn't holding back bitcoin's price either. We'd much prefer to have money from Wall St., not Old Hickory St.

This is so insignificant it's comical. Thanks for sharing the laugh!

[Herbert2020]

I will appreciate if someone from USA can register an account and post a comment against this statement. I tried to register an account but couldn't do it as my ip is not from USA.

nobody cares bro. it is becoming a common thing these days that some random people talk shit about bitcoin and then places like AARP posts their shit because it is a neat looking slide show that they can share on their website for their visitors to see and read about "investment". the author is practically calling millions of bitcoin users including big companies such as Microsoft that are accepting bitcoin payments as "a bunch of criminals".

[dothebeats]

Isn't this the case for years now? People degrading and defaming bitcoin was always present; even established financial magnates and conglomerates are giving negative remarks toward bitcoin. This isn't something new, and those who call bitcoin as such are the ones too invested in traditional investments/assets and have the slightest clue of how bitcoin works and why it's beneficial.

Users of bitcoin are 'bunch of criminals' because we want some form of privacy for our assets and the way we transact, and that's okay. At the of the day, stats don't lie and that's what we have to falsify their claims.