This is not the first nor the last time that someone is speaking against Bitcoin. But not every crticism should be taken serious. Even if those people are economists that still doesn't mean they are experts, especialy not for Bitcoin and other cryptocurrencies.
It's always good to see both sides of the story, good and bad, but information should be taken with analitical approach and the source they are coming from is very important.
Topic: here you have it economists speak against bitcoin - page 2. (Read 1270 times)
Nevertheless, despite the huge number of haters, bitcoin continues to develop, because it is really working and necessary for humanity technology. And while it will be relevant, no skeptics will not be able to destroy it.
There will always be those people who love bitcoin, and those who hate it and each time composes more and more new facts that would create a negative image of it. I have long preferred just not to pay attention to this news and continue to use bitcoin, because I like it.
It's funny when "experts" say that bitcoin will destroy the environment. Plants, exhaust gases and all of this have been destroying our environment for a long time. And do they really think bitcoin is more evil? Just another skeptics and bitcoin haters.
In recent years, Bitcoin's motion has attracted a lot of attention from the global public. Economists have different opinions about the market, most economists have negative thoughts about it. They share the same concerns over the abuse of electronic money. But the technology that this market brings is really smart.
If you are going to speak against $Bitcoin as an economist, then I think you aren't an economist afterall! $Bitcoin has followed every law of Economics to the letter and has achieved a much greater feat. What else would an economist say about a commodity that obeys supply and demand and its anti-inflationary! Isn't it what we all want to have stable economies as we explore tools/theories that make this possible? $Bitcoin has shown it can be that tool. So why fight it?
I talked with economist once and i asked him what can he say about bitcoin, is he against bitcoin or not. and he said that bitcoin will help the economy of the country even though the trading doesnt affect the stock exchange but this will help the individuals on their daily lives and might help others for them to become successful too.
It's time for the government to replace their gold hoard with bitcoins.
Economists will stop criticizing and oppose the bitcoin as it becomes a global currency.
Not really I think they are going to oppose bitcoin until the end, they are never going to admit that they were wrong about bitcoin because if they do then they are basically giving up and admitting that all of what they believed was wrong and it is very difficult to get people to accept that, it is more likely that they will prefer to live in denial than to accept the truth. Do you still rely on the opinion of economists and analysts? They always change their opinion depending on the mood of the market.
When bitcoin begins to grow, they will sharply praise the cryptocurrency
information and all the news we have often listened to all about everything that is worst and negative is not the crypto currency created for good and progress in the economic field and in my opinion the good results of bad investments with crypto currencies depend on the intentions and objectives of the investorWhen bitcoin begins to grow, they will sharply praise the cryptocurrency
I agree with your opinion, that the outcome of an investment depends on the intention of the investor. Because if an investor has good intentions in an investment, the results will be good and profitable.
There is absolutely nothing new here and I am sure that not a single person who already knows the beauty of bitcoin will buy into it. They care so much to speak negatively about bitcoin but never care to mention any of the enormous damaged that fiat currency has done and it is still doing.
Economists, Scholars, Philosophers, Entrepreneurs, Businessmen have their opinions for the crypto currency market. Not only the influential personalities, everybody have different perspectives for the crypto currency market. It is their own personal viewpoint, whatever they think about the crypto market, whether in favor or against the system!! So much scene should not be created for this sort of issue. It hardly matters!!
everything has two side: both positive and negative. the bitcoin is so good that many people take advantage of it to do for bad goal such as scam or crime. There many people include some scientist have thought that bitcoin is bad . We can not inhibit saying that
Economist speaking against Bitcoin is one statement, telling us the ground which they find Bitcoin unworthy of the attention it gets is another debate entirely. Is this based on a simple economic analysis or some biased made up points to retrogress the movement of Bitcoin? I have followed the news a couple of times now only to find out that some bodies and individuals speaking against this coin are only prejudice in their claims and this is hugely affecting the truth and genuine analysis we all deserve.
It is understandable that those economists and academics who have been trained under the paradigms of the current economic system, and who have never been brave enough to denounce it, should submit to the interests of that same system in order to insult their greatest threat: the King Bitcoin.
Therefore we should already be accustomed to this type of infundium that so frequently appears from all latitudes, although to their misfortune they seem to be having little effect in a world increasingly interested in adopting this revolutionary technology.
Therefore we should already be accustomed to this type of infundium that so frequently appears from all latitudes, although to their misfortune they seem to be having little effect in a world increasingly interested in adopting this revolutionary technology.
Bitcoin halvings every 210.000 blocks prevents serious enviromental footprint. Every 4 years Bitcoin value can double without needing to spend more electricity on mining - note this is exponentional function meaning over course of long time, Bitcoin value can not double every 4 years - nothing can grow exponentionally forever. After Bitcoin value wont double every 4 years anymore, electricity usage for mining starts to decrease.
Do you still rely on the opinion of economists and analysts? They always change their opinion depending on the mood of the market.
When bitcoin begins to grow, they will sharply praise the cryptocurrency
information and all the news we have often listened to all about everything that is worst and negative is not the crypto currency created for good and progress in the economic field and in my opinion the good results of bad investments with crypto currencies depend on the intentions and objectives of the investor When bitcoin begins to grow, they will sharply praise the cryptocurrency
Qatar is probably worried because they have a good economy already and bitcoin has the potential to disrupt it. You don't hear experts from iran complaining about bitcoin, the world is a big place so let the qataris complain
Do you still rely on the opinion of economists and analysts? They always change their opinion depending on the mood of the market.
When bitcoin begins to grow, they will sharply praise the cryptocurrency
Or perhaps, they will continue to speak negatively because they utterly are against cryptocurrency. With that being said, these analysts are nothing but a burden to crypto. They think they are changing people's point of view about it. But in fact, they are strengthen it. And the proof is that the bitcoin price is still around $6k. Let them keep fighting a war they cannot win. And eventually, bitcoin will show them the unexpected. Just watch it.When bitcoin begins to grow, they will sharply praise the cryptocurrency
I agree with you. I don't bother about what the critics say about Bitcoin and the cryptocurrency market usually since majority of them antagonize crypto in the wrong way without proper examples due to their biased views.
It is best to simply ignore such people and focus on improving your crypto portfolio in the short term as well as the long term since that is all that matters at the end of the day. Don't waste your time arguing with stupid critics.
Even a popular economists doesn't affect bitcoin's popularity. Btc still standout straight and going strong no matter how many and how big criticism are spreading. As long as their are patronizers and their are people who loves cryptocurrency, economists who are against btc is just a normal scenario here.
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