" Overall, Roubini believes that: cryptocurrencies are not money; they are not scalable; they are controlled by criminals and nefarious governments; they enable tax evaders and money launderers; and they’re dangerous because they don’t come with some kind of government-backed deposit insurance. "
This covers most of the myths about Bitcoin, but they left out, Funding terrorism / High electricity usage / Used by Paedophiles...
What did I forget? What these people are not telling you, is that most of these things are equally true about Fiat currencies and in most cases even more true than with Bitcoin. A lot of the things that are said about Bitcoin is totally exaggerated and fabricated by it's competitors.
This covers most of the myths about Bitcoin, but they left out, Funding terrorism / High electricity usage / Used by Paedophiles...
What did I forget? What these people are not telling you, is that most of these things are equally true about Fiat currencies and in most cases even more true than with Bitcoin. A lot of the things that are said about Bitcoin is totally exaggerated and fabricated by it's competitors.
Just about everything the Internet and open source software had to deal with too when they first came out and threatened current hegemonies.
They also left out communism and anarchy, or whatever undesirable politics modern democracy does not prefer. Funny that we are always told about the dangers of not being government backed when we have seen in this new century how dangerous government backed money has already proven to be. Have we forgotten about the lives destroyed in Greece?
