Bitcoin Critic.

[Jubilee58]

The black rock ceo Fink was a Bitcoin critic, and admitted his idea and perception toward bitcoin was totally wrong, and therefore has changed his views towards bitcoin.

Watch this video for detail explanation:https://www.facebook.com/100045672716302/posts/pfbid0NJBwjYUajzVuHe76pKYZiUUZ6iEC2pCqwt7oy3xqqKvYu7tgzw4GYb7G9YHmjdeFl/?app=fbl

This statement by Fink is filled with in-depth meaning, bitcoin is beyond what some of us see it to be. Some of us in the past have also underated bitcoin in one way or the other, not knowing is an asset that can transform lives.

As Nigerians we have to embrace bitcoin investment without doubt, like the black rock ceo said, let us change our mentality and thought about bitcoin and have a positive mindset towards bitcoin.

[FirmWars]

As Nigerians we have to embrace bitcoin investment without doubt, like the black rock ceo said, let us change our mentality and thought about bitcoin and have a positive mindset towards bitcoin.

As humans, we need to embrace anything that will bring valuable advantages to our life, there could be other things that will help but for the fact that Bitcoin is very easy and accessible, people need to take advantage of it now because the earlier they get into Bitcoin the sooner they start to enjoy the benefits. For example, some people started investing into Bitcoin when I had no idea yet and they were able to achieve a very high profit from Bitcoin while I didn't achieve the amount of profits they did because I didn't start with them. It's better for anyone wating now to start their journey on Bitcoin.

[She shining]

Na lie. Dem Jus find out say Dem go too make ahn from bitcoin with all those old people wey don hold and go dey find safer place to keep ahn make dem nor go loss their key. I nor trust any former critics especially those ones wey dey finance because why na now Dem come know how e b wetin happen to their brain before.

[fredericktaylor]

I believe that the quickly we look at Bitcoin positively and buy Bitcoin with a long-term plan and hold it for the future, the better it will be for us. Many big researchers in the world have said negative things about Bitcoin, but today those words have been proven wrong with time. So it is very wise to know about Bitcoin and buy more Bitcoin with your own confidence and prudent money and hold it for the long term. If we buy Bitcoin consistently with a long-term plan and hold it for the future with patience, we can protect ourselves from inflation and get profit in the long term.

FINK All the negative things that were said about Bitcoin in the past have been proven wrong over time, I believe that all the people who say negative things about Bitcoin will gradually be proven wrong. It is reasonable to buy more Bitcoin and hold it patiently.

[Fiatless]

As Nigerians we have to embrace bitcoin investment without doubt, like the black rock ceo said, let us change our mentality and thought about bitcoin and have a positive mindset towards bitcoin.

Larry Fink's change of attitude is a lesson we all should learn. We should not hold on to an ideology even when we know that it is wrong. He is not like critics like Peter Schiff, Paul Krugman, Warren Buffett, Jamie Dimon and others who chose to still believe that Bitcoin will fail.

Due to numerous scams and ponzi schemes many Nigerians including me thought that the crypto space is fraud. With the right information, I have been able to embrace Bitcoin after gaining the right knowledge. 

[Itz-prisigold]

The most interesting part of Fink’s change of perspective is that it highlights one of the most important lessons in investing and life itself; being open and willing to see things differently once new information is available. Bitcoin is not merely a digital asset, it is a technology that questions how we see money, finance and even personal freedom.

Most of us, especially people in Nigeria, that the fear around Bitcoin is based on a fundamental misunderstanding of the potential of Bitcoin. The moment we learn about what is possible with Bitcoin;  it poses the opportunity to make cross border transactions without restriction, protection against inflation and opportunities for wealth creation. We will start to see why global leaders and institutions are starting to take it seriously. Honestly, the key isn’t just buying Bitcoin, the important strategy involves embracing fresh concepts together with an open mind for switching methods while doubting traditional belief systems. If we can actually adopt this mentality,  not just with Bitcoin but  for any other technology or form of investment on the market;  it has the potential to redefine Nigeria.

[Charles-Tim]

There are some people that thought bitcoin was not worth it until they later know what bitcoin is, that it is an appreciative asset. Micheal Saylor is also a good very good example. Michael Saylor also condemned bitcoin in the past until some years passed and changed his mind when he knew what bitcoin is.

The people that are still bitcoin critic today like Peter Schiff are only doing that for personal interests. Many of them know the truth but they do not just want to accept.

[Emjay24]

All these comes from them trying to understand very well the underlying drive behind bitcoin performance but failed to relate it to what they know . Many economists and big financial players have also tried to reconcile the propagation of bitcoin to any economic analysis or theorem but failed to find a suitable pattern that it follows leading to them condemning it both in its early days and up till recent. Bitcoin outperforms their expectation. Even Black Rock CEO never believed Bitcoin would be as successful as it is now, leading to his concession of defeat in his previous ideology and stating publicly that he was wrong about bitcoin.

I admire his honesty and courage unlike some proud egocentric people like Peter Todd who would never agree that bitcoin is a good asset despite all the successful milestones bitcoin has achieved, yet he remains pessimistic about bitcoin and always spreads FUD about it.

[SmartGold01]

You can really force in people what they don't into knowing or just have to believe what they don't know and even have the knowledge of it, usually before they would accept bitcoin they need to know what it is all about before venturing into it, for instance people do not know more much about digital currency but when they started venturing into it and began to explore things themselves that was how they start buying the idea of bitcoin while some even making investment on it.
Is just like telling someone to put their hand inside fire and they will see money inside, then again that person would have to pause a bit a think if truly that is right to put their hands inside fire and they would see money, until the right scope is being given to them on how to put their hands on that fire to get that money they would never put their hands on fire for any reason. That is how, I think people are having reason about bitcoin.

[PremiumcryptoHub]

To my knowledge it doesn't take long to transform from critic to lover of digital gold if belief in Bitcoin's potential is born. Larry Fink's change of attitude towards Bitcoin is something we should all learn from, there is another personality who once compared Bitcoin to online gambling, and changed his mind after learning what Bitcoin is. We Nigerians have had negative perceptions about Bitcoin in the past due to numerous scams and Ponzi schemes but they have been proven wrong over time. You are right that like Larry Fink and other professional BTC investors, all of us Nigerians should develop a positive attitude towards Bitcoin and we should refrain from spreading FUD like Peter Schiff because he always makes trashy comments about Bitcoin.

[AVE5]

The black rock ceo Fink was a Bitcoin critic, and admitted his idea and perception toward bitcoin was totally wrong, and therefore has changed his views towards bitcoin.

Critics has not been new categorical kind of coexistence today, perhaps they have existed since the earliest introduction of bitcoin due to its decentlized consensus that it has no regulations.
So regulating firms and individuals don't just trust the system.
Infact, they don't even believe bitcoin reality even when it was at it earlier growing stage. Even up to date that bitcoin is profering safe haven to store financial values, there are still those who acts there like a witch craft and are only hurting themselves over taunting bitcoin and funny enough, they comes back to embrace bitcoin in the mid term.

[Mhizlove]

Fink was just speaking out what's in his mind, honestly come to think of it, many people has looked down on bitcoin before it even start to gain recognition. It's not new just that we humans are just afraid and we don have the understanding about it. But to be truthful even if bitcoin has change numerous lives, is not something that should be ventured into without having knowledge on how it works .

As Nigerians, is a good thing to open our minds to new opportunities, technology and a new way on how to make the world move forward. But at the same time we need to be enlightened, have knowledge on how bitcoin works and most importantly we should have the patience when it comes to bitcoin investment. Not all that glitters are gold and not every critic that is a negative one rather some of them are just to warn people from getting into problem.

I will say the best angle, Is for you not to underate bitcoin, don't let what people are saying get to you rather you should learn and to
understand how bitcoin is and don't rush into conclusion just take your time on it.

Critics has there own same as those that believes, what save most is when you balance it.

[Btcdeybodi]

In life generally, just succeed and those who criticized your process will come back to commend you and even want to do same thing you did to succeed. Bitcoin has many critics who later reversed and started to invest in it. Michael Saylor was once a bitcoin critic but look at how much Strategy has acquired so far. In Nigeria, a lot of people are into bitcoin even though the statistics cannot be ascertained but i believe that bitcoin awareness has really gone wide in the country so it's a gradual process and there are people who also want to invest but they need more conviction. What has also demoralized some people in the country is that they still feel that bitcoin is associated with scam so they need to do away with that mentality before it will become possible for them to invest.

[NurseHub]

Bitcoin in my opinion needed all the criticism that it got to be able to survive and prove more point to people reason why it's the best amongst the best currency to be a store of value and probably the best money definition we have for now, if Bitcoin hadn't face this this challenges it would have been harder to convince people this days that bitcoin is worth it and is more better investment this days. So if you see someone criticise bitcoin you don't even need to argue because at the end they are making it more relevant.

[SatoPrincess]

As Nigerians we have to embrace bitcoin investment without doubt, like the black rock ceo said, let us change our mentality and thought about bitcoin and have a positive mindset towards bitcoin.

I go say Nigeria na one of the African countries way get the highest number of bitcoin enthusiasts for the continent. We hold am strong because we know as the country be and the government no really send us. Na why as naija person you must sabi wetin dey make opportunity no pass you by but as you dey hustle for better make you still know say scammers still dey and anything way promise you put 2k to get 10k na scam.

[Nathrixxx]

The black rock ceo Fink was a Bitcoin critic, and admitted his idea and perception toward bitcoin was totally wrong, and therefore has changed his views towards bitcoin.

Another reason why we don't  have to hold people by what they say most times,  because things are not as we may want them in some certain conditions, because later do some of these people attacking bitcoin do realize they have been wrong about it and also join in adoption.

However, we can't pretend not to have seen some of  the negative impact this might have caused some other people, it also call that we should always learn and get right information and not to depend on others for directions to take in our decision making process.

[uche6215]

The link to the video that you shared is not working try and put the right link. How ever something some people say and do things without having a proper background or understanding of an issue an I suspect that  Fink will have acted in bias and not having a full detail about Bitcoin. Over time we have seen people come to embrace Bitcoin because of the way that Bitcoin has stay the test of time, we should in all situations try as much as possible to do our findings before coming out opening to say things especially as it concerns a public opinion.

[Loyang]

Bitcoin is definitely a very good asset. Through Bitcoin investment, a person can gain a lot of money in the future. However, one should never invest based on someone's words and never trust blindly. Undoubtedly, BlackRock is one of the biggest companies in the world, but if you invest based on their words, you may never be successful in investing. Because when the market falls, you may become very scared. Because you do not have enough knowledge to deal with the fall and do not have an idea about Bitcoin.

A person can invest if he has the first knowledge about Bitcoin. However, after starting investment, a person has to learn a lot about it. Never invest based on someone's words, first research that topic yourself and gain some knowledge about that thing, then step up, it will be good for you.

[Coyster]

He is not the only one, there are many other critics that have become bitcoiners eventually. I also believe there are critics who still claim to be critics, but in secret dem dey accumulate bitcoin. That is how well bitcoin don develop all these years.

That said, i no dey try force anybody wey no wan change their mind, particularly people wey dey 65 years old and above. I understand their fears and concerns with cryptocurrencies. You know say e get age wey you go reach, you basically have to reduce the risk wey you go dey expose yourself to. So if person wey dey around a certain age tell me they'll pass owning bitcoin, i can perfectly understand.

[Marykeller]

As Nigerians we have to embrace bitcoin investment without doubt, like the black rock ceo said, let us change our mentality and thought about bitcoin and have a positive mindset towards bitcoin.

Larry Fink's change of attitude is a lesson we all should learn. We should not hold on to an ideology even when we know that it is wrong. He is not like critics like Peter Schiff, Paul Krugman, Warren Buffett, Jamie Dimon and others who chose to still believe that Bitcoin will fail.

Due to numerous scams and ponzi schemes many Nigerians including me thought that the crypto space is fraud. With the right information, I have been able to embrace Bitcoin after gaining the right knowledge. 

The right knowledge is what many Nigerians lack. If we should take it upon ourselves to lecture people close to us about Bitcoin, I believe that in no short time, the wrong mentality of Bitcoin being a fraud will gradually be a thing of the past in people's ears. Those who think of discrediting Bitcoin will have a rethink before doing that. Even if they try, those who have the right knowledge of Bitcoin will educate them on Bitcoin, why Bitcoin is never a fraud but a store of value for long term