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Author Topic: Knowledge to help you argue with bitcoin critics  (Read 317 times)
Xal0lex (OP)
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September 16, 2023, 05:04:14 PM
Merited by The Cryptovator (5), Symmetrick (5), bitmover (3), LogitechMouse (2)
 #1

Newbies, if you want to start learning bitcoin, it is important for you to protect yourself in time from various information garbage and all sorts of speculations related to bitcoin and its technology. For 14 years of its existence, bitcoin has grown a lot of myths, which are still actively broadcast in the space. Don't get caught in the web of myths and speculation. In any discussions related to criticizing bitcoin, it is important to arm yourself with knowledge. For this purpose, I will recommend you a good set of services and articles that will help you understand everything.


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bitmover
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September 16, 2023, 05:08:01 PM
 #2

Knowledge is certainly the best way to survive in this ecosystem.

Personally,  the book Mastering Bitcoin changed completely the way I see it, and it was an amazing introduction to what bitcoin is.

It is free and available ar github.com

https://github.com/bitcoinbook/bitcoinbook/

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September 16, 2023, 05:10:30 PM
 #3

You are right and I truly think the newbies need the right information so they don't get distracted. However, as for the caption of the post, I don't see any need for newbies to engage in argument with critics.

What the newbies need is to get the knowledge that will sensible them build their faith in Bitcoin. This faith will protect them from every negative posts and discouragement. Remember,  "if you are informed, you cannot be deformed"

R


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September 16, 2023, 05:15:22 PM
 #4

Anyone that knows about the knowledge of demand and supply and also understand the principle of how assets are increasing in price due to increase in demand will like bitcoin and able to defend that it is an asset with limited supply of just 21 million BTC. For people to understand about bitcoin against critics, reading the bitcoin white paper can be the start.

https://bitcoin.org/en/bitcoin-paper

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September 16, 2023, 05:36:05 PM
 #5

This link covers most of the speculated topics against Bitcoin in general so it will be really useful for anyone who wants to grow their knowledge to counter bitcoin haters. Smiley

Especially for the people who say bitcoin mining is bad for the environment and this Cambridge University's Updated Bitcoin Electricity Consumption Index Reveals Lower Energy Consumption update serves as where the bitcoin mining usage stands and its compared to what even though it is somewhat inaccurate still it shows which we can compare with and how governments are exaggerating and blaming bitcoin for mistakes they are making.

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Stepstowealth
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September 16, 2023, 06:14:43 PM
 #6

Just like the pastor in church will tell us that knowledge of the scriptures will help us against the devil, Knowledge about bitcoins will help you to be able to decipher a bad and wrong information about bitcoin when heard. Getting into an argument because you have knowledge is not really worth the energy when you notice that the person who you are wanting to correct does not want to accept correction. The knowledge that you have is more to help not to get deceived, not for you to get into an argument with.


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September 16, 2023, 06:30:08 PM
 #7

An individual with the knowledge of inflation and currency devaluation especially if they are from a country that is not doing so well economically, can easily argue with any critic from a practical and real life application point of view about how bitcoin adoption improves the economic prospects of a country using El Salvador as a case study. There's so much that country has achieved in a year that would make great points.

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September 16, 2023, 06:32:24 PM
 #8

People are easily influenced and corrupted when they don't have proper knowledge on what they are practically involving themselves and this is the same case with bitcoin. As bitcoin is fast growing they are so many people and nations already against its adoption because of its decentralised nature which prevents any central body from controlling it making it a hate project for many government body but those who know it's true value are still adopting it. So as a newbie it's only proper to fully equipt oneself against these hates.
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September 16, 2023, 07:03:16 PM
 #9

Newbies, if you want to start learning bitcoin, it is important for you to protect yourself in time from various information garbage and all sorts of speculations related to bitcoin and its technology. For 14 years of its existence, bitcoin has grown a lot of myths, which are still actively broadcast in the space. Don't get caught in the web of myths and speculation. In any discussions related to criticizing bitcoin, it is important to arm yourself with knowledge. For this purpose, I will recommend you a good set of services and articles that will help you understand everything.


Honestly i found this thread very interesting to help beginners have more insight about bitcoin and how an average bitcoiner could perfectly engage criticism from others who are ready to argue their way out with every bitcoin users, if we csn really learn from this, then there will be no much to fear about in giving response to critics on bitcoin who are ready to drag to an extent with you their oen stance on bitcoin, also some newbies needs direction on learning about bitcoin and where to start which i also see this as a helpful threads they can get recommendation on.


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September 16, 2023, 07:05:32 PM
 #10

As a newbie I'll entreat on guilding myself with the knowledge and informations about bitcoin not for the sake of argument but for the purpose of strengthening my resolute about bitcoin and the bitcoin blockchain network.

Anything for the sake of argument may probably raise some tension giving an edge to their garbage speculations about bitcoin making them feel they might be right or true about their myths.

Theit arguments doesn't change a thing about bitcoin. For the past 14 years they have been giving the garbage what have they achieved?
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September 16, 2023, 07:05:47 PM
 #11

As bitcoin is fast growing they are so many people and nations already against its adoption because of its decentralised nature which prevents any central body from controlling it making it a hate project for many government body but those who know it's true value are still adopting it.
Do not mind anyone that says the government do not like bitcoin, bitcoin is strictly banned in few countries, most countries allow their people to buy, sell and hold bitcoin. Just that their will always be critics. Even as bitcoin has proved these critics wrong so many times, many of them still prefer to criticize bitcoin. Out of hundreds of countries in the world, less than 15 countries strictly ban it while others allow it in one way or the other.

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September 16, 2023, 07:35:50 PM
 #12

Thanks for sharing these threads; it would help newbies survive in the Bitcoin ecosystem. Often, Bitcoin investors will encounter a lot of FUD. To be honest, the FUD sometimes even scared our brains and attempted to dump our portfolio. If we don't have the proper knowledge, then we can't survive during heavy FUD. We have to learn how to face these kinds of FUD, rumours, and bad news. Otherwise, it will be hard to hold and survive on Bitcoin. We don't need too much study; just see the whole Bitcoin chart and realise where we are now and what will happen in the future.

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September 16, 2023, 08:01:06 PM
 #13

~
Bitcoin Obituaries might suit also in this thread. I heard so many people thinking that Bitcoin has been dead already for x number of years and I just can't help it but cringe into their statements regarding it. I think it's finally a time to educate some unaware individuals that Bitcoin could "die over and over again" Cheesy .

Not sure if it is really for Bitcoin critics, but hey just going to add my inputs in here.
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September 16, 2023, 08:50:27 PM
 #14

Thanks for sharing these threads; it would help newbies survive in the Bitcoin ecosystem. Often, Bitcoin investors will encounter a lot of FUD. To be honest, the FUD sometimes even scared our brains and attempted to dump our portfolio. If we don't have the proper knowledge, then we can't survive during heavy FUD. We have to learn how to face these kinds of FUD, rumours, and bad news. Otherwise, it will be hard to hold and survive on Bitcoin. We don't need too much study; just see the whole Bitcoin chart and realise where we are now and what will happen in the future.
I just scanned through the materials and found out that they contain relevant topics that will be helpful not only to newbies but to everyone. Most of the news we get from the media are designed to promote some kind of agenda.  Some politicians and economists use the media to spread FUD in the Bitcoin space just to discourage people from embracing this decentralized coin. One of the frontline a piece of news is promoting news that Bitcoin consumes more electricity and destroys the environment. Meanwhile, the energy consumption of Bitcoin is highly overestimated just for the sake of achieving their agenda. I will have to find time to read the recommended materials and I encourage newbies to check them out.

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September 16, 2023, 09:18:56 PM
 #15

Op thanks for the Guidelines the newbies will surely learn from this thread, because is very important as a newbie to be more knowledgeable about Bitcoin because in the world of crypto knowledge is very important and should never be taking for granted imagine being on a crypto discussion and you could not offer any idea or suggestion about Bitcoin due to lack of knowledge so that's one of the reason why newbies needs knowledge to survive on Bitcoin, understanding the ecosystem and the concept of Bitcoin a newbies can never pay attention to critics because he knows what should be done. With knowledge you can eradicate FUD and can never be influenced by rumors and discouraging news about Bitcoin.

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September 16, 2023, 09:30:09 PM
 #16

These are a good collection of list about proving Bitcoin isn't a scam as other thought.  Knowing what is on the link can refute anyone that says Bitcoin is a huge ponzi scheme and may make the change of heart of the unbeliever.  Although I do not want to argue with anyone that has a different point of view, learning what is on the link can strengthen our understanding and belief about the Bitcoin and its impact to the human financial system.  Thus we will not easily persuade by those who wanted to see Bitcoin industry to fail.
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September 16, 2023, 11:20:37 PM
 #17

Possibly those and even more but,
Why do I need to argue? Do I really need that? To make everyone believe my words to be true and perhaps go by what I say… naahhh, I’m not sure I need that. I don’t find myself being obligated by anything to try and convince someone other than, the person having to realize just how helpful it would be for them to take to a side that has got bitcoin in it. If the investor’s prospect doesn’t agree, then it’s okay for them to go with whatever gives them peace.

The only time I feel i might have a course to argue is in the event of me having to put out a proposal and have needs to defend it against them critics. Other than that, am just okay buying and hodling while making my achievements silently. I’ll prefer that to having to argue with anyone who just feel they are at the top of knowledge.

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September 17, 2023, 02:32:53 AM
 #18

I do agree that education is the key to somewhat "argue" against bitcoin critics.

And far as the environment goes, there is also one great thread by @fillippone Debunking the "Bitcoin is an environmental disaster" argument. It's every important because this is the recent attack on bitcoin, so we need to shatter this myth together with those other mentioned by the OP.

 
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September 17, 2023, 03:51:04 AM
 #19

Possibly those and even more but,
Why do I need to argue? Do I really need that?

I agree, but not only because of what you say. I don't argue with anyone about bitcoin because I don't want anyone to know I have bitcoin. I don't want to put myself in the crosshairs of potential thieves, kidnappers or the government. In this privacy-conscious forum, the only thing missing was for people to take privacy measures to the maximum so that their bitcoins could not be traced on the blockchain but then go around arguing in bars about it.

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September 17, 2023, 04:10:09 AM
Last edit: September 17, 2023, 04:22:22 AM by YUriy1991
 #20

Newbies, if you want to start learning bitcoin, it is important for you to protect yourself in time from various information garbage and all sorts of speculations related to bitcoin and its technology. For 14 years of its existence, bitcoin has grown a lot of myths, which are still actively broadcast in the space. Don't get caught in the web of myths and speculation. In any discussions related to criticizing bitcoin, it is important to arm yourself with knowledge. For this purpose, I will recommend you a good set of services and articles that will help you understand everything.



Yeah. I like to read " Every Reason Bitcoin Will Not Fail" it and it seems interesting. Btw, I think it's good not only for beginners. I also need to read more than what you said above. Yes. Thank you OP for sharing and this is very useful and useful.

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