Some of our closest relatives have told us to SELL before the BUBBLE will burst. {guess we hear that enough?}
The media is telling everyone that Bitcoin is the tool of criminals and terrorists and child pornographers and paedophiles.
Most of these people are not invested in Bitcoin, but it looks like they are looking for reasons to attack it.
How many of you want to prove them wrong? I sometimes look at these people and I think... WTF are you on about?
I seldom bring up the subject anymore, because everything coming out of their mouths are negative. The only time when they
are interested, is when the price hits a all time high. Then they want advice to invest in Bitcoin and when they buy at the ATH,
and the price drop with 10%, then they panic sell....lose money....blame Bitcoin. I am sooooo sick of this.
I hope we can finally prove them wrong in the near future, because this is definitely getting under my skin now.
I believe we can't treat every criticism equally. Instead, it's important to realized that there are some valid concerns which need to be taken seriously, while others are based on simple ignorance.
People claiming that Bitoin is a fad, scam or Ponzi scheme, certainly don't understand the subject well enough but will eventually realize they are wrong.
Whether bitcoin is currently experiencing a bubble is debatable. I have seen well articulated and well reasoned arguments pro and contra.
Bitcoin (and more so other cryptos) having the potential to provide alternative avenues for anti-money laundring and criminal financing, is undisputed. Whether it's USED for such activities as much as some believe is another question.
As long as all criticisms launched against bitcoin are treated as hostile and attempted to be proven wrong, as long progress in converting opponents into proponents will remain very slow. With a more differentiate approach to responding to criticism, the conversion will be much more effective and faster.