Lies and critics about bitcoins

[wajik-tempe]

Bitcoin criticisms will always exist and we have no control over it since they could create articles and vlogs on different platforms easily. What important is, lots of people wouldn't believe what they read because they're already aware of the facts about Bitcoin. We all know that Bitcoin couldn't please everyone so we can't get rid of criticisms but it's obvious that BTC is continuously growing despite its existence so I don't think they still matter.

The purpose of the hard critics is wanna make bitcoin price drops so the author could buy lower, i'm pretty sure that the people who wrote hard critics about bitcoin and cryptocurrency are also buying crypto at least they are a scalper that making fud when they want to buy and stops when their bags are full and ready to take profits in the future

[StarKay]

I was surprised how some articles are easily published and accepted on publishing sites, I have known medium for their good contents and I have preferred many times to search for articles on medium, but recently, one of the articles from the notification I got really displeased me and inaccurate.

This is the title
Why Bitcoin will be Worthless even if it does not go to Zero.

Medium is not necessarily a place you would want to go to and get unbiased information, most article writers on medium have personal bias that will be reflected in the article if a person with a sound mind is doing the reading.
The title of the article is incoherent, anything that has a value greater than zero cannot be worthless and definitely not BTC. I don't blame the writer because he/she is free to write an opinion piece but anyone who is swayed by the article needs to be helped.

[jostorres]

Medium is not necessarily a place you would want to go to and get unbiased information, most article writers on medium have personal bias that will be reflected in the article if a person with a sound mind is doing the reading.
The title of the article is incoherent, anything that has a value greater than zero cannot be worthless and definitely not BTC. I don't blame the writer because he/she is free to write an opinion piece but anyone who is swayed by the article needs to be helped.

Yeah, it is not the websites fault because medium is only a platform where a writer writes and they do not have a special connection to the writers to dictate if what article they will write. Salute to medium because they allow anyone to publish what is on their mind because there are sites that disallow or delete's a post whenever they do not like it.

Even in the news you cant say that all information they show are true. It is hard to believe if who is telling the truth nowadays but one thing is for sure and that is bitcoin is not worthless because number one, it has a value and it's huge. Number two, btc is more than just a currency but it is multipurpose based.

[LUCKMCFLY]

I like this thread because a few days ago I was trying to explain to a group of people what BTC is, and what it represents and why it turns out to be the best long-term investment and why it is the best savings against the decline of an economy. inflationary 1000% that we are living where I live, and it caught my attention that a lady said that she did not like that digital currency because it represented the currency of the antichrist and a stamp, that that is something diabolical and that it represents being one of the things for which the apocalypse is already here, and I with all due respect told him, that any antichrist could come with or without BTC, that BTC is just an invention that does not seem from this world so that we can all achieve financial freedom quickly because there is more opportunities than the traditional economy.

[Tumanggor]

I like this thread because a few days ago I was trying to explain to a group of people what BTC is, and what it represents and why it turns out to be the best long-term investment and why it is the best savings against the decline of an economy. inflationary 1000% that we are living where I live, and it caught my attention that a lady said that she did not like that digital currency because it represented the currency of the antichrist and a stamp, that that is something diabolical and that it represents being one of the things for which the apocalypse is already here, and I with all due respect told him, that any antichrist could come with or without BTC, that BTC is just an invention that does not seem from this world so that we can all achieve financial freedom quickly because there is more opportunities than the traditional economy.

I still wonder why there are still people who associate Bitcoin with the antichrist? Bitcoin is not a devil worshiper or anything like that

it takes, patience, hard struggle and also extensive knowledge in proclaiming Bitcoin to ordinary people out there because the concept of traditional money is still imprinted in their minds

I also hear a lot of bad and pessimistic words from people around me about bitcoin but I don't care about it because I believe in Bitcoin

[taufik123]

-snip-
I also hear a lot of bad and pessimistic words from people around me about bitcoin but I don't care about it because I believe in Bitcoin

Those who think badly about bitcoin, are too pessimistic and think bitcoin is only a digital currency that will disappear and not develop, of course they only know bitcoin is only about digital currency and do not fully know what bitcoin is. But when they get education about bitcoin, crypto and blockchain technology of course they will be interested. Lots of harsh critics about bitcoin and always want to take it down. This is also a way to spread FUD about bitcoin, to influence the bitcoin market price. Manipulation and speculation will continue to be done to achieve the goals they want.

[CaVO32]

-snip-
I also hear a lot of bad and pessimistic words from people around me about bitcoin but I don't care about it because I believe in Bitcoin

Those who think badly about bitcoin, are too pessimistic and think bitcoin is only a digital currency that will disappear and not develop, of course they only know bitcoin is only about digital currency and do not fully know what bitcoin is. But when they get education about bitcoin, crypto and blockchain technology of course they will be interested. Lots of harsh critics about bitcoin and always want to take it down. This is also a way to spread FUD about bitcoin, to influence the bitcoin market price. Manipulation and speculation will continue to be done to achieve the goals they want.

Try giving them few satoshis and convert it to their local fiat, and they may change their mindset towards bitcoin. Because if you are already here in this crypto community, you will only brushed off those fuds and negative criticisms because you know better. So despite those lies surrounding you, you can just laugh it off and improve your crypto portfolio. Once they realized their misconceptions, you are already way ahead of them.

[uneng]

At same time there are many lies about bitcoin, which of course must be completely exposed and then ignored next. Actually, lies aren't a big issue on long run, because they don't last longer when put face to face with the facts and the reality.

Actually there are a lot of lies about Bitcoin spread by Bitcoin haters, and that can make people who don't understand Bitcoin wrong in
understanding Bitcoin. Finally people who misunderstood Bitcoin, become negative about Bitcoin and it only prevents them get benefit
from Bitcoin. Therefore, it is important to seek information from trusted sources, so that we can get correct information and avoid lies.
But somehow the lie will not last as long as you say, because sooner or later the real truth will be revealed, especially now we are very easy
to get information. So we can compare the various information, and we get to find out the truth.

Yes, that is it. For an example, look how many news sites and posts on the internet in general have said during past years bitcoin was dead, that it would never recover after the bear market of 2018 and that it was a ponzi scheme. On those times people making such statements made complete sense, they looked totally right, but then time passed and showed they were wrong.

The same happens with that argument saying bitcoin mining demands too much electricity, so it is harmful to the environment, but the fact this electricity would be used in a way or another is ignored by critics.

[ultrloa]

-snip-
I also hear a lot of bad and pessimistic words from people around me about bitcoin but I don't care about it because I believe in Bitcoin

Those who think badly about bitcoin, are too pessimistic and think bitcoin is only a digital currency that will disappear and not develop, of course they only know bitcoin is only about digital currency and do not fully know what bitcoin is. But when they get education about bitcoin, crypto and blockchain technology of course they will be interested. Lots of harsh critics about bitcoin and always want to take it down. This is also a way to spread FUD about bitcoin, to influence the bitcoin market price. Manipulation and speculation will continue to be done to achieve the goals they want.

Try giving them few satoshis and convert it to their local fiat, and they may change their mindset towards bitcoin. Because if you are already here in this crypto community, you will only brushed off those fuds and negative criticisms because you know better. So despite those lies surrounding you, you can just laugh it off and improve your crypto portfolio. Once they realized their misconceptions, you are already way ahead of them.

Nope they can change their mindset by just doing that maybe you should share them some better information towards bitcoin and how they can earn with it, also try to introduce them the risk so that it will not dismay them if know how to handle the market stress and for this then provably we can change their mind and join with us earning on bitcoin also with other cryptocurrency.

[kryptqnick]

Medium's a platform where anyone can write what they believe, and their audience can react to that. Given that it's basically a place with personal blogs, it's not surprising that it has both good and bad articles of varying quality. That's why I usually don't read Medium articles. But what's interesting is that even reputable media like Forbes can sometimes publish misleading information (not false, but manipulative) about cryptos, focusing a lot on sudden significant drops, and not balancing it out with info about the growth of Bitcoin over the years or how many times such drops happened before and were followed by successful recoveries.

[justdimin]

I like this thread because a few days ago I was trying to explain to a group of people what BTC is, and what it represents and why it turns out to be the best long-term investment and why it is the best savings against the decline of an economy. inflationary 1000% that we are living where I live, and it caught my attention that a lady said that she did not like that digital currency because it represented the currency of the antichrist and a stamp, that that is something diabolical and that it represents being one of the things for which the apocalypse is already here, and I with all due respect told him, that any antichrist could come with or without BTC, that BTC is just an invention that does not seem from this world so that we can all achieve financial freedom quickly because there is more opportunities than the traditional economy.

I just don’t know who came up with this theory of Antichrist, and how it is going to happen. Some people, whenever they see new inventions that are helpful to we humans, they start to assume that it has something to do with Antichrist. Every little thing they see always has something to do with Antichrist, and it can be really annoying.

But, I wouldn’t really blame all these people, most of us don't have the same level of knowledge. So, that you can easily understand something, doesn’t mean that other people will as well understand that same way. Our height of understanding differs each and every person. Bitcoin is simply a technology for transactions and nothing more, it is just here to make it easier for us to make transactions and have more flexibility.

[dunfida]

I like this thread because a few days ago I was trying to explain to a group of people what BTC is, and what it represents and why it turns out to be the best long-term investment and why it is the best savings against the decline of an economy. inflationary 1000% that we are living where I live, and it caught my attention that a lady said that she did not like that digital currency because it represented the currency of the antichrist and a stamp, that that is something diabolical and that it represents being one of the things for which the apocalypse is already here, and I with all due respect told him, that any antichrist could come with or without BTC, that BTC is just an invention that does not seem from this world so that we can all achieve financial freedom quickly because there is more opportunities than the traditional economy.

I just don’t know who came up with this theory of Antichrist, and how it is going to happen. Some people, whenever they see new inventions that are helpful to we humans, they start to assume that it has something to do with Antichrist. Every little thing they see always has something to do with Antichrist, and it can be really annoying.

But, I wouldn’t really blame all these people, most of us don't have the same level of knowledge. So, that you can easily understand something, doesn’t mean that other people will as well understand that same way. Our height of understanding differs each and every person. Bitcoin is simply a technology for transactions and nothing more, it is just here to make it easier for us to make transactions and have more flexibility.

Yeah, i have able to read up that Antichrist which is totally bullshit kind of idea or presumption that they do tagged up with Bitcoin.I just dont get the point on why they do really end up on that kind of impression.  

Criticisms would continue to exist no matter what because there would be people who would really hate up the idea on what Bitcoin could impose out on financial system.Some might be that personal
but in most cases it is totally some propaganda just because they do really hate up that decentralized thing thats why they would be always be having that view.

[GeorgeJohn]

Some people write to earn a living, whether they are writing the truth or lies will be determine by their readers. Some people are paid to write bad about a particular project and they will do that without thinking second time.
Some people don't have knowledge of bitcoin but they write from their ignorance. Because we are here in this forum and have some knowledge, there are people that don't know the simple things about bitcoin but they will be spreading FUD.

This is so much true, some journalist or activists or whatever they call themselves, whenever they are out of content for their blog, they will tend to write rubbish to get paid. I have read the article for and discover many lies that is in it. It can also be that some big players in the industry is paying this bloggers to write fear into people so that Bitcoin will crash and give them opportunity to buy at low. This crypto market is just like a game, everyone plays to win and they invite all types of skill positive and negative to win the game for themselves even if at the expense of people.

[nullama]

There will always be people that think Bitcoin is not going to be worth anything.

Over the years people have kept saying similar things, and mass media continues to print similar stories all the time.

My favourite place to read them is https://www.bitcoinisdead.org

The thing is that the more you read about Bitcoin from the actual primary sources, not third party analysis, the more you understand it already won and there's very small chances it becomes worthless at some point in the future.

[AnonBitCoiner]

I was shocked by few interviews by Warren Buffett and Charlie Munger regarding cryptocurrency. they said that crypto is absolutely worthless because it’s not a productive asset (Among other reasons).
Mr. Buffett even went so far as to say

things will end very badly for cryptocurrency

I think many have already been wrong about Crypto. It doesn't fit the mold of a traditional investment like what Warren made his billions on. Same thing Schwab has. Yet you're seeing a shift right now toward accepting, and many banks with FOMO. Even ETFs that are exposed to BTC, ETH, and others. So don't worry about it. Go with your gut. Invest what you can do without.

[macson]

I was shocked by few interviews by Warren Buffett and Charlie Munger regarding cryptocurrency. they said that crypto is absolutely worthless because it’s not a productive asset (Among other reasons).
Mr. Buffett even went so far as to say

things will end very badly for cryptocurrency

I think many have already been wrong about Crypto. It doesn't fit the mold of a traditional investment like what Warren made his billions on. Same thing Schwab has. Yet you're seeing a shift right now toward accepting, and many banks with FOMO. Even ETFs that are exposed to BTC, ETH, and others. So don't worry about it. Go with your gut. Invest what you can do without.

just ignore his words....Mr. Buffet is not aware of the potential of bitcoin, he's just trying to wash people's minds and lead opinion to his ulterior motive.  i admit i am quite amazed by Mr. Buffett because of his expertise in raising Berkshire Hathaway but he has empty knowledge of Bitcoin.

[Oilacris]

I was shocked by few interviews by Warren Buffett and Charlie Munger regarding cryptocurrency. they said that crypto is absolutely worthless because it’s not a productive asset (Among other reasons).
Mr. Buffett even went so far as to say

things will end very badly for cryptocurrency

I think many have already been wrong about Crypto. It doesn't fit the mold of a traditional investment like what Warren made his billions on. Same thing Schwab has. Yet you're seeing a shift right now toward accepting, and many banks with FOMO. Even ETFs that are exposed to BTC, ETH, and others. So don't worry about it. Go with your gut. Invest what you can do without.

just ignore his words....Mr. Buffet is not aware of the potential of bitcoin, he's just trying to wash people's minds and lead opinion to his ulterior motive.  i admit i am quite amazed by Mr. Buffett because of his expertise in raising Berkshire Hathaway but he has empty knowledge of Bitcoin.

There's no man on this world had the pinnacle of knowledge on whatever form of investment that might exist and its true that even if you are known billionaire or economist or something in connects but
that wont be enough to presume out that you would know everything and thats why every person do come up with different ideas and conceptions about things whether it turns out
to be true or totally opposite but to those who do know about it will definitely be continue to support no matter what.

[leea-1334]

Medium's a platform where anyone can write what they believe, and their audience can react to that. Given that it's basically a place with personal blogs, it's not surprising that it has both good and bad articles of varying quality. That's why I usually don't read Medium articles. But what's interesting is that even reputable media like Forbes can sometimes publish misleading information (not false, but manipulative) about cryptos, focusing a lot on sudden significant drops, and not balancing it out with info about the growth of Bitcoin over the years or how many times such drops happened before and were followed by successful recoveries.

More bad than good nowadays,,, but yes, it seems you have to curate your own reading lists at all these sites if you want a good platform for good reading material.

Personally I think the good writers left Medium and went to Substack,,, most of them have a paid service you can subscribe to but following the free content is good enough.

Much much better than Forbes.

[Slow death]

Medium's a platform where anyone can write what they believe, and their audience can react to that. Given that it's basically a place with personal blogs, it's not surprising that it has both good and bad articles of varying quality. That's why I usually don't read Medium articles. But what's interesting is that even reputable media like Forbes can sometimes publish misleading information (not false, but manipulative) about cryptos, focusing a lot on sudden significant drops, and not balancing it out with info about the growth of Bitcoin over the years or how many times such drops happened before and were followed by successful recoveries.

More bad than good nowadays,,, but yes, it seems you have to curate your own reading lists at all these sites if you want a good platform for good reading material.

Personally I think the good writers left Medium and went to Substack,,, most of them have a paid service you can subscribe to but following the free content is good enough.

Much much better than Forbes.

nowadays even TV channels talk well about bitcoin so you see few cases in which people talk bad about bitcoin, in my opinion even anywhere you can find good information about the technical aspects of bitcoin the biggest problem is in the question of bitcoin price speculation, this is where the danger lives, many people like to post price predictions that are illusory and very optimistic that even 1% are not materialized

[poldanmig]

Criticism is unavoidable and will continue to exist. Bitcoin is condemned as a highly volatile cryptocurrency by the critics. And sometimes it is also characterised as a speculative bubble by some investors and economists.

The pros and cons of course will still be there, some of us who are pros of course will try to say that bitcoin is an inseparable part of the future, but those who are refuse and against the progress of the times will of course say bad things about bitcoin, I think if we continue to argue about it of course it will only waste the energy we have, and it is better for us to focus on something that we really think is right and can give us an advantage.