Forget status, anyone can talk trash about Bitcoin

[Freeveto]

On the other hand, you mention that gold is infinite, and that's not true. Gold is scarce, so scarce that many factors are needed to obtain it.

Since Bitcoin have limited supply, and gold is being mined as natural resources, shouldn’t that be enough reason to say that it is infinite?
I want to learn more because I also see gold as something unlimited because every here and there people mine gold even though government do take control of everything once they noticed that there is a gold to mine a particular place.

In terms of privacy, Bitcoin is more secure because gold seems to be centralized in my opinion since it usually involve a third party and it is something physical that will be challenging to keep safe, while Bitcoin is digital, you only need to keep your seed phrase safe. Therefore, Peter Schiff might say as he wish about Bitcoin if he prefer gold, because it has been an old treasure and an investment that also stores value.

[noorman0]

Whatever the critic is talking about isn't the truth. The bottom line is that his comments are all "anything but Bitcoin." And this time, he clearly has an unsubstantiated opinion.

I feel like he has an ulterior motive, like, "I'll get you to sell the Bitcoin to me through someone else." I don't know where he's from; perhaps his country's taxes are too high to make him a known holder?

[Mr Reporter]

Many people supposed not to know the man today if not because of his criticism on bitcoin and I think that is one of his goals for criticizing bitcoin.

I just have some feelings like Peter Schiff is just an old smart money maker, and he is making everyone close to him see he is at war with Bitcoin…I don't want to sound direct about this man, well I am just so curious about him and I still want to understand why he made gold his number one choice but also admitted that Bitcoin would not appreciate…? Or is he only criticizing bitcoin only to drive attention to his gold business?

Well on second thought maybe he is only just stuck in the mindset of gold investment because we never can tell how a businessman like this kind of person thinks it might be possible that he still has a large amount of bitcoin sitting in his wallet and then still come out to give hateful speech about Bitcoin…let it not be a shock that such a kind of business tycoon like him comes to the public and say alot of things and them in hidden he has Bitcoin…and i have noticed alot of mindset about the gold guys the ones who respect Bitcoin properly do take their time to study, and one funny mindset is that they see it as a 1000-year of trusted investment, and see Bitcoin as 10 years of trusted investment..so they would not be on the losing end in the future

[X-ray]

Peter Schiff is the kind of guy who would take anything and present it as a better alternative than using Bitcoin out of spite because he hates Bitcoin, not because the alternative is better.

Every bitcoiners know that anything tokenized, is a disaster waiting to happen. Custodial risk, Issuer insolvency risk, Trust dependency, Unsecured creditor?

He literally offered a centralized token against Bitcoin completely ignoring the fact that the most important thing Bitcoin have is decentralization, deflationary, and borderless remittance.

Simply put, an old man yelling at the cloud.

Talking about price, even the silver that he shilled constantly is going down 50% from all time high, what happened?

[alastantiger]

Some people are not even talking the right thing about Bitcoin or conducting any research before making any statement regarding the network performance; all they are after is to gain the attention of the public and be recognized, or even paid to do so, because the thing that creates fake news and utters some statement causes the market to react in the particular direction they want it to.

I consider anyone talking trash about Bitcoin as someone I should not be listening to because anyone that has knowledge and sense will be able to understand that Bitcoin technology is different and unique. I do not have the level of their money but from my own understanding I have seen the difference but because people do not like to change from what benefits them to something that benefits others that is why they will keep on talking trash on Bitcoin to discourage the public from investing so the public do not have control instead they rely on them for control.

Bitcoin has done nothing to the current economy so I do not understand why people keep attacking it and that is why I understand that they are must be something unique about Bitcoin for it to be receiving this much hate. Most of them are angry because they did not get to benefit from the early beginning of Bitcoin hence they make it their mission to discourage others so people do not experience financial breakthrough as they have currently done. Whenever anyone talk trash about Bitcoin go and look at their background and you will understand why they are speaking in that way and then you decide to do the opposite of whatever they say since they do not have your best interest at heart.

[348Judah]

We always advise that people should do their own research by themselves upon any information received; don't always treat everything the same way you receive it; we are expected to verify to us to know if they are genuine or not from a reliable source.

Bitcoin has given everyone the avenue to learn independently; we can also make use of online platforms and a forum like this to gather the necessary information you may need clarification about. This is why this platform is solely dedicated to Bitcoin discussion, and members could engage in any area of their interest and give their honest opinion or answer to any question unclear to you.