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Topic: A Late Show with Stephen Colbert calls bitcoin a scam - page 4. (Read 575 times)

sr. member
Activity: 1120
Merit: 272
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This statement really bring a huge impact towards bitcoin's reputation to those ignorant people.

Once they don't try to hold bitcoin, then they will just still see bitcoin as a scam.

As long as they are not making transactions where they can earn money with their own manipulation, they will not know the true essence and value of bitcoin in our society. That's also the reason why governments are scared to engage with the use of cryptocurrency in their country, because they are afraid that scamming can really affect their community. If we don't make some changes towards this mindset then bitcoin will really have a bad image in their point of views.
hero member
Activity: 2660
Merit: 551
For those who may not know Stephen, he used to do parody show, satirising everything, so including this Twitter scam and so called Bitcoin is a scam, so I wouldn't take his words seriously. And as @Wind_FURY has said, honey badger, doesn't care,  Grin

https://www.youtube.com/watch?v=4r7wHMg5Yjg
legendary
Activity: 1904
Merit: 1563
LOL! He can't even backup his claim with supporting ideas how bitcoin turns out to be scam. I guess they're doing this to get a lot of viewers they don't even deserve.

This guy is high as a kite!!
copper member
Activity: 1204
Merit: 737
✅ Need Campaign Manager? TG > @TalkStar675
Statements like that are obv from the people that don't know anything about Bitcoin.
Its not always same but most of the time some over intelligent person try to get popular through giving their own prediction about bitcoin. I am so surprised after hearing that some people think bitcoin is a scam just for recent twitter hack incident. Due to twitter authorities own weakness some of their VIP accounts got hacked and its not a wise thing to blend bitcoin reputation with this hacking attempt.  

What givesd Bitcoin this reputation is, that there is a lot of scam involving Bitcoin and these always make it to the press...
Spreading speed of negative news is faster than positive one. Its not a new thing for bitcoin which is actually working from the beginning.
mk4
legendary
Activity: 2870
Merit: 3873
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"A bitcoin scam is anything involving Bitcoin."

And he even said that line with a straight face lol. Yeap, that's either just pure ignorance, or they know what they're doing and he said that line mostly to spark discussions in crypto-communities(like what we're doing right now).
hero member
Activity: 1792
Merit: 536
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I feel kind of annoyed that these people are still ignorant enough to generalize it as a bitcoin scam. They can just call it Scam happened on twitter that has something to with ... then you insert the rest of the story.  The whole of bitcoin is not a scam and they should not make it so. Unless of course something else is in play. We are talking about mainstream television so somebody is calling the shots to destroy the reputation of Bitcoin.
hero member
Activity: 3192
Merit: 939
This is not a Bitcoin scam. Angry
If the hackers were demanding ethereum payments,the journalists would have called it Ethereum scam.
If the hackers were asking for Monero or Ripple or Dogecoin payments-it would be called a Monero scam or a Dogecoin scam.
What if the hackers were requesting Amazon gift cards?Would the clickbait pseudo-journalists call it
"Amazon gift card scam"?Probably not,because Amazon will sue them. Grin
legendary
Activity: 2464
Merit: 4415
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Bitcoin scam. Bitcoin scam. Bitcoin scam.

It is an absurd statement, which proves the fact that most media talking about Bitcoin technology are ignorant. They don't want to invest time to obtain understanding of such a complex ecosystem and keep publishing ridiculous news. That is the reason why I stopped reading news about Bitcoin long time ago, it is just waste of time. It gives you absolutely nothing in terms of figuring out what bitcoin actually is, what role it plays in scams and hacks, why it is being widely used by hackers and scamers of all sorts. Stop reading shit media unless you want to be ignorant like they are.
member
Activity: 273
Merit: 14
Perhaps those who prepared the issue are illiterate. Or they understand everything perfectly and made such a statement on purpose to attract attention to themselves.
legendary
Activity: 3052
Merit: 1281
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The show is so lucky that not an entity own the Bitcoin Network else he will be sued with libel due to baseless accusation and possible harm to the Bitcoin market that will cause the Bitcoin market to suffer losses.  But instead, the Bitcoin community proved this person wrong by rallying to above $10k the following days.

It is just sad that people who should be the one who do their research deligently are the one who actually ignorant of things about Bitcoin.
legendary
Activity: 2898
Merit: 1823
Roll Eyes

I believe everyone should move on, but if any celebrity wants to keep talking about the Twitter hack, and give more attention to Bitcoin, they are welcome.

The Honey Badger don't care.
sr. member
Activity: 574
Merit: 272
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Statements like that are obv from the people that don't know anything about Bitcoin.
What givesd Bitcoin this reputation is, that there is a lot of scam involving Bitcoin and these always make it to the press...
So people hear a scam that involves Bitcoin so Bitcoin must be Scam....
So I guess every FIAT is a Scam too? Cheesy
legendary
Activity: 2282
Merit: 3014
Just curious if anyone else caught A Late Show with Stephen Colbert a few days ago where he spoke about the twitter hack where the hacker requested payment in bitcoin. During the segment he calls bitcoin a scam.  A pretty uneducated statement that was unfortunate to see. Obviously it didn't have much of an impact on bitcoin, but still kinda noteworthy.



https://www.youtube.com/watch?v=F8DDvJkx07U
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