Some of the biggest misconceptions include that Bitcoin/cryptocurrency is:
- a tool used primarily used by criminals or in the dark-web
- a scam/ponzi scheme/pyramid
- not valuable outside of market speculation
- not useful or has no use case outside of gambling on the market
- will only lead to losing money
These are some of the things I have heard first hand from people, and unfortunately they have either learnt this from the mainstream media, or from experiences that have negative bias, from those who entered the market at highs and lost money at lows.
With no official press crew, Bitcoin will always be faced with misconceptions or fear, uncertainty and doubt (FUD), it is up to us to validly disprove these untrue accusations and claims.