Topic: Bitcoin is creating money out of thin air - page 12. (Read 1499 times)
What about gold? What is gold worth? Is gold also creating money out of thin air? This man's comments are really interesting. Like a fool.
Printing fiat money without assets is creating money out of thin air also. It is much worst thing ever. They just do not want people to get rich. They need to be the top the the chain. However, cryptocurrency changed everthing and they are afraid!
This is exactly what i am thinking of, they are just against Crypto that is it. They are the one that scams billions of people on a daily basis.
Sad to say but some people believes this type of propaganda.
Ex-RBI chairman said "Bitcoin is creating money out of thin air". It is biggest scam of all. 
shit the stock market created trillions out of thin air 
Bitcoin is a type of digital currency that can rely on someone to make a profit so the statement you mentioned above in my opinion is very unreasonable.
The reason,bitcoin in fact even improve one's economy and until now still continue to experience a very large enthusiasts.
The reason,bitcoin in fact even improve one's economy and until now still continue to experience a very large enthusiasts.
OP needs to learn about mining and what is a POW proof of work scheme. Its how new bitcoins are mined. The mined bitcoins is the proof of the work done by the miners that is the hashing processes.
He is an idiot if he said that. Or its a fake news.Or its paid news. Get used to it because fake news and FUD propaganda news is what is running the world at this time. You need keep your head straight and not get influenced by every other news article.
Also OP should link the article where it was found - otherwise this has no credibility.
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Ex-RBI chairman said "Bitcoin is creating money out of thin air". It is biggest scam of all. Angry
He is an idiot if he said that. Or its a fake news.Or its paid news. Get used to it because fake news and FUD propaganda news is what is running the world at this time. You need keep your head straight and not get influenced by every other news article.
Also OP should link the article where it was found - otherwise this has no credibility.
Start I also have the same idea, I also believe that the currency is a scam, later when I gradually understand the COINS, I think that the currency is a digital currency can create value in the near future, I believe that the currency will replace the existing currency
The expression that bitcoin creates money from the air does not correspond to reality. Bitcoin is only a digital medium of the money that was invested in it. When investing people give their real money and buy a certain bitcoin or several bitcoins for them. Therefore, the foregoing is clearly not true.
They key is to have enough converted to fiat, land, and gold before the music stops. What's funny are the people who complain about the music.
narrow thinking, and I think the statement is just to make everyone laugh and then leave without having a good impact for others.
it is creating a money but it is not a scam.
Printing fiat money without assets is creating money out of thin air also. It is much worst thing ever. They just do not want people to get rich. They need to be the top the the chain. However, cryptocurrency changed everthing and they are afraid!
Does anyone still remember 2008? Trillions of dollars lost because of the mess they got us in with the housing market!!!!
and those stock markets crashes 
and silver price crash 
Lol...this made me laugh. His statement is more like he is pained and whining. I the man is probably a banker or even from a government agency from a bitcoin banned state. This is usually there words. This people should understand that bitcoin is a work of technology that have come to stay. It creating money out of thin or it shouldn't be their major concern.
The stability of the system is based on the number of users who have an official client running. While their majority, Bitcoin does not threaten anything.
Well, what is your point? Do you agree with him?
If so, I strongly advise you to sell the bitcoin you have (if you have some) and leave the community.
If you don't, why do you spread things like this? I mean such a post without any argument or explanation... It is quite empty
Bitcoin is not a scam. You can find frauds and scams involving bitcoin, of course, but it is not the whole story. Bitcoin is not just "air". Do you really need to print something or have it in your hand for this thing to have value? Of course, this cannot be the opinion of a bank, or its chairman...
If so, I strongly advise you to sell the bitcoin you have (if you have some) and leave the community.
If you don't, why do you spread things like this? I mean such a post without any argument or explanation... It is quite empty
Bitcoin is not a scam. You can find frauds and scams involving bitcoin, of course, but it is not the whole story. Bitcoin is not just "air". Do you really need to print something or have it in your hand for this thing to have value? Of course, this cannot be the opinion of a bank, or its chairman...
Bitcoin is an abstract concept and this type of bad press is what creates panic and a black cloud around the cryptocurrencies world. Definitely BTC philosophy doesn't go along with what this guy does for a living so these statements are a reflect of political manipulation
That's what all assholes who don't know shit about bitcoin have to say. More of this shit is yet to come. The more popular bitcoin gets, more bullshit comes from people's mouth. Especially from those people who are well known for being a corporate. If they really think bitcoin is a scam or a bubble, then why don't they provide enough proof to prove themselves. Fucking sell-outs.
Just nonsense, everything has the price people are willing tto pay for it, the samen for bitcoin
Ex-RBI chairman said "Bitcoin is creating money out of thin air". It is biggest scam of all.
Most likely this person does not understand what he is talking about. Only without understanding the technology, you can say such nonsense. Either it is said specifically for political manipulation. legendary
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It is not really creating money out of thin air, we all know that people are rewarded after their computers or mining hardware solve complicated calculations, there is no way that it is totally free in the least.
Billionaire investor "Warren Buffet" said "Bitcoin will end up badly" What else is the likes of him and Jamie Dimon have to say but that?? They are part of the problem where is Bitcoin is the solution to the mess they created and were a part of!
Does anyone still remember 2008? Trillions of dollars lost because of the mess they got us in with the housing market!!!!
It is not really creating money out of thin air, we all know that people are rewarded after their computers or mining hardware solve complicated calculations, there is no way that it is totally free in the least.
Billionaire investor "Warren Buffet" said "Bitcoin will end up badly" Jump to: