Why debates about Bitcoin is getting more emotional.

[Die_empty]

When you listen to a critic of Bitcoin, they usually wrongfully conclude that Bitcoin is in direct competition with; payment apps and banks.

Bitcoin is a currency that is an alternative to fiat. So it can be compared to fiat currency since it could also be used for payments.

What we're witnessing is that if Bitcoin should be put alongside competitors it would be up against; institutional trust, inflationary policy,  and even centralized control.

The decentralised characteristic of Bitcoin has changed the status quo. Users can now bypass centralised systems with ease. Its limited supply has challenged that inflational nature of fiat.

That's why debates around Bitcoin are becoming more and more emotional, not just technological debates, they are debates about who should control economic reality!

The governemnt wants to be in charge of the finances of the country. This is why they are ensuring that Bitcoin is used on centralised or regulated platforms. So yes, it's about monetary policies.

[Aanuoluwatofunmi]

Any debate about bitcoin is no longer a serious concern to us anymore, gone are the days that we see different opinion about Bitcoin and the mining process at the same time, lot of debates an argument, but all this couldn't stop bitcoin adoption because the people realize the potential in it and are eager to also take advantage of this benefits for their financial freedom to be realized without any government efforts or intervention.

[Muba20]

When you listen to a critic of Bitcoin, they usually wrongfully conclude that Bitcoin is in direct competition with; payment apps and banks.

What we're witnessing is that if Bitcoin should be put alongside competitors it would be up against; institutional trust, inflationary policy,  and even centralized control.

That's why debates around Bitcoin are becoming more and more emotional, not just technological debates, they are debates about who should control economic reality!

When financial power is in the hands of an individual or group, they will make policies in their own interests. An example of this is the fiat system. No matter which government is in power in a country, they make financial policies in their own interests. In times of financial crisis, they print excess fiat, which results in inflation.

There is no room for applying wrong policies in relation to Bitcoin because the financial system of this asset is independent and decentralized.

I think Bitcoin is not competing with any financial system. It is simply applying its own policies as a result of the holding strategies of individual holders. Instead of making a bad decision out of panic, save Bitcoin. This will be your best and most strategic financial policy.

It is never possible to bring equality to protect the interests of the common people by depending on the government or any central controller. In an economic crisis, the government will try to avoid its responsibility by printing money at any time and that is why it will have a negative impact on the common people. People will never be able to save themselves from inflation, the value of their money will decrease.

In this situation, only Bitcoin can ensure the security of Individual's money. It can protect them from inflation. Bitcoin is designed in such a way that even if someone wants, he cannot change the basic principles of Bitcoin. That is why people can trust it. Bitcoin is not against fiat currency, it is not competing with fiat currency. It is creating an alternative system where there will be no single regulator.

Holding Bitcoin for the long term also has the potential for big returns, but not just for profit, but because Bitcoin is a freedom for all, everyone will hold Bitcoin for its financial security as well as to maintain the value of the asset.

[hd49728]

Any debate about bitcoin is no longer a serious concern to us anymore, gone are the days that we see different opinion about Bitcoin and the mining process at the same time, lot of debates an argument, but all this couldn't stop bitcoin adoption because the people realize the potential in it and are eager to also take advantage of this benefits for their financial freedom to be realized without any government efforts or intervention.

You meant about invalid, and useless debates while not all debates are useless. It's necessary for development and Bitcoin protocol in fact has been upgraded several times for reaching to its present status that is certainly better than it was in 2009 with Bitcoin Genesis Block mined by Satoshi Nakamoto.

Saying all debates are no longer serious concern is wrong, and like you are too aggressively defending Bitcoin while in fact in order to grow more, Bitcoin will need more and continuous developments which only can exist with community debates and contributions.

About invalid debates and non sense fuds to attack Bitcoin, let's ignore them.

[Btcdeybodi]

If there should be any debate about bitcoin then it should be between other crypto currencies or digital assets and not payment apps or banking apps. It is an insult for bitcoin be in a debate with Fiat payment platforms.

However, I see nothing emotional about bitcoin because it is a digital currency that is different from the operation of other currencies so what will the debate be all about? Superior currency right? Ever since bitcoin came into existence, Fiat currencies have been losing their values while bitcoin keeps increasing in value so the difference is very clear.

[Luzin]

However, I see nothing emotional about bitcoin because it is a digital currency that is different from the operation of other currencies so what will the debate be all about? Superior currency right? Ever since bitcoin came into existence, Fiat currencies have been losing their values while bitcoin keeps increasing in value so the difference is very clear.

Those who hate Bitcoin crypto will always create bad narratives. This is one way for them to get recognized by people. Regarding this debate issue, I will not work hard to waste energy arguing with people who clearly do not want to lose. It is better to use the time for other more useful things. I will respect those who value me and vice versa. Therefore, I tend to leave if invited to debate based on invalid sources of evidence.

[ColdLava40]

When you listen to a critic of Bitcoin, they usually wrongfully conclude that Bitcoin is in direct competition with; payment apps and banks.

What we're witnessing is that if Bitcoin should be put alongside competitors it would be up against; institutional trust, inflationary policy,  and even centralized control.

That's why debates around Bitcoin are becoming more and more emotional, not just technological debates, they are debates about who should control economic reality!

If a debates is turning from being professional to emotional, it means the opposition already won.

Bitcoin in this case already won the debate. The so called system they try to compare it with cannot and will never be able to offer what Bitcoin can offer now or in the future.

The kind of freedom that comes with using Bitcoin is beyond comparison. It shouldn't even have competitors. For a competitor to exist, it should have similar features like Bitcoin. But there isn't I know of.

The government already manipulated the economy, to their favor, not today. That's why the global economy is suffering.

[Tmoonz]

The problem with the opposition is that they are trying to put all the blame into bitcoin why their centralized fiat is not making growth, and isn't as competitive as bitcoin. Bitcoin is made out from an innovation, so expect that it is more advanced and more capable and trustable than fiat itself, but we all know the bitcoin ecosystem that bitcoin is not up for a competition, its only the pro-fiat who are just making a fuss here.

The fact is, they are threatened by the existence of bitcoin, that's why they keep attacking bitcoin by all means. No wonder why the issue of bitcoin as a pyramid scheme is still a hot topic.

Exactly the point, Bitcoin is not up for any form of competition and while it has given every one freedom of choice of usage and without seeking validation from anyone for it to remain or called Bitcoin, oppositions should go to hell, I have a very big pity for those who gives a fuck about them, we are growing up and not downward and bitcoin has a lot to offer us, many people's eyes will be more open in the near future to see the potentials bitcoin is made of, I saw the issues about Bitcoin being a pyramid scheme and I smile because more issues will keep coming up.

[elman007]

I don't care who debates about Bitcoin. If I am an honest and brave investor, then I don't care where anyone is, as long as I am right from my place. I invest my money or throw it away, what is the point of arguing about it. It is natural that when you move towards your goal, people will criticize or debate you. Be enthusiastic about investing.