Yes, we are keeping a record of all Bitcoin dip masters, no-coiners & shame masters!
Warren Buffet
Nouriel Roubini
Bill Gates
Charlie Munger
Peter Schiff
Janet Yellen
Bill Maher
Christine Lagarde
Effortless Conclusions
Ancient no-coiners will always spread FUD (Fear, Uncertainty & Doubt) for obvious reasons. We have curated some of their best FUD:
“Don’t fall for the bitcoin bubble, even the Flintstones had a better system…”
“Bitcoin an open Ponzi scheme made up of Monopoly money…”
“bitcoin’s development and rise has been contrary to the interests of civilization, cryptocurrency is useful to kidnappers and extortionists.”
It’s ingenious and blockchain is important but Bitcoin has no unique value at all, it doesn’t produce anything.
Bitcoin had been used for money laundering activities in some instances and that any loopholes needed to be closed.
To the extent it is used I fear it’s often for illicit finance. It’s an extremely inefficient way of conducting transactions, and the amount of energy that’s consumed in processing those transactions is staggering.
“Bitcoin uses more electricity per transaction than any other method known to mankind, and so it’s not a great climate thing,”
Why Bitcoin? Where does it derive value from?
The flat-earthers of Bitcoin will always slam Bitcoin & Cryptocurrencies in a way or another, here is the truth about Bitcoin:
Kickstarter
Bitcoin started it all, without it, cryptocurrencies couldn’t have existed
Divisibility
Bitcoin is divisible up to 8 decimal points. The smallest unit “Satoshi” is equal to 0.00000001 Bitcoin.
Utility
Bitcoin uses a public blockchain technology, making it a decentralized and a trustless store of value
Transportability
Bitcoin is transferable between parties within minutes, regardless of the size of the transaction with very low costs
Help Me Help You
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Did we miss anyone?
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P.S. I am not Satoshi.
