You have some of the best developers and cryptographers working on this platform, not scam artists. Along with VCs investing billions of dollars in this industry, I think we're past this point
No, I'd expect better reasons as to why bitcoin a scam. If you say the large community or original members who are telling you to invest in bitcoin is going to cash-out and leave, they would have done that 5+ years ago. I think most people agree that bitcoin has established some sort of value.
It's comments like this where I don't think you're really seeing it for what it is and just looking at media click bait. I agree most cryptos are scams and have CEOs that can be shut down. I personally think only bitcoin has a store of value worth anything.
There's no bubble, it's just some consolidation right now. I think the difference is I don't really think about price. Many people really like the decentralization, which has proven for bitcoin to be true (not ETH). For me what really clicked is the ability to clear money without trust. I think for some people the concept really clicks, for me it's not a get rich quick scam, it's something revolutionary. If you don't see it, there's not much I can say. I used to also think it was a scam or video game money at first as well. Most people who are very pro bitcoin also used to think it was a scam.
I'm not trying to argue pro or con bitcoin here, but I'm surprised people on the comments here are no more informed that people on other popular social media platforms. I see a lot of, scam, drug, money laundering, fake money. People don't really seem to know the different between bitcoin and the other cryptos. Or the basic concept that holding bitcoin is using bitcoin (Ansel Lindner said that), it's use case isn't to buy coffee right now, it's more of a store of value, digital gold.
Again I'm not trying to post this as pro or con, just the level of understand of this space isn't very high on slashdot
Slashdot Mirror
Most of the people early on in bitcoin haven't gone anywhere.
I have no advice to give, I'm just surprised of how many people are anti-bitcoin on a tech site.
You have some of the best developers and cryptographers working on this platform, not scam artists. Along with VCs investing billions of dollars in this industry, I think we're past this point
No, I'd expect better reasons as to why bitcoin a scam. If you say the large community or original members who are telling you to invest in bitcoin is going to cash-out and leave, they would have done that 5+ years ago. I think most people agree that bitcoin has established some sort of value.
It's comments like this where I don't think you're really seeing it for what it is and just looking at media click bait. I agree most cryptos are scams and have CEOs that can be shut down. I personally think only bitcoin has a store of value worth anything. There's no bubble, it's just some consolidation right now. I think the difference is I don't really think about price. Many people really like the decentralization, which has proven for bitcoin to be true (not ETH). For me what really clicked is the ability to clear money without trust. I think for some people the concept really clicks, for me it's not a get rich quick scam, it's something revolutionary. If you don't see it, there's not much I can say. I used to also think it was a scam or video game money at first as well. Most people who are very pro bitcoin also used to think it was a scam.
I'm not trying to argue pro or con bitcoin here, but I'm surprised people on the comments here are no more informed that people on other popular social media platforms. I see a lot of, scam, drug, money laundering, fake money. People don't really seem to know the different between bitcoin and the other cryptos. Or the basic concept that holding bitcoin is using bitcoin (Ansel Lindner said that), it's use case isn't to buy coffee right now, it's more of a store of value, digital gold. Again I'm not trying to post this as pro or con, just the level of understand of this space isn't very high on slashdot