Topic: here you have it economists speak against bitcoin - page 5. (Read 1270 times)
Economist always speaks in opposite to crypto . But people have faith in it and buy for good return.
I did not try to read the link that you displayed.
because I think with your post I can judge that this post will worsen about bitcoin. Yes, right, I'm not surprised and surprised. in my opinion there will always be those who create FUDs to pressure bitcoin down deeper.
I don't understand why people blindly hate Bitcoin and starts silly propaganda against it by claiming it as not environment friendly? Gold, Coal, Silver all of these assets require mining which causes a lot of electricity, man power and minerals to go waste. Even creating fiat currencies can be problematic for the environment. So, I wouldn't blame Bitcoin alone.
https://www.ccn.com/bitcoin-mining-threatens-our-existence-academic-says-calls-for-intervention/
economists from qatar publicly speak out against bitcoin and its destructive nature,
as i told you in threads before the conflict will come
https://bitcointalksearch.org/topic/m.43124804
economists from qatar publicly speak out against bitcoin and its destructive nature,
as i told you in threads before the conflict will come
https://bitcointalksearch.org/topic/m.43124804
Reading the article, I think the issue of existence is a misplaced priority coming from economist. I would be more comfortable if its coming from environmental activists, association of people weather readers or people concerned with global warming but not economist who don't have issue with the creation of more vehicles in other to increase GDP and increase standard of living, they also don't have issues with felling down of trees for the sake of development forgetting the advantage of a green environment, they also don't consider the impact of factories emission, release of toxic into the sea all in the name of reducing unemployment but raising concern about mining activities like they care about the environment.
Their real concern is because all of the theories, consultancies that makes them forever relevant in the scheme of things is going to be relegated to the background if the continued dominance is unabated so they decide to attack from the disadvantages they can lay claim to.
it doesnt matter wether economist or environmental activitst, many economist also think environmental.
bitcoin will get its huge sap of opposition i recently made a picture showing the endresult of a bitcoin centristic world
https://www.ccn.com/bitcoin-mining-threatens-our-existence-academic-says-calls-for-intervention/
economists from qatar publicly speak out against bitcoin and its destructive nature,
as i told you in threads before the conflict will come
https://bitcointalksearch.org/topic/m.43124804
economists from qatar publicly speak out against bitcoin and its destructive nature,
as i told you in threads before the conflict will come
https://bitcointalksearch.org/topic/m.43124804
Reading the article, I think the issue of existence is a misplaced priority coming from economist. I would be more comfortable if its coming from environmental activists, association of people weather readers or people concerned with global warming but not economist who don't have issue with the creation of more vehicles in other to increase GDP and increase standard of living, they also don't have issues with felling down of trees for the sake of development forgetting the advantage of a green environment, they also don't consider the impact of factories emission, release of toxic into the sea all in the name of reducing unemployment but raising concern about mining activities like they care about the environment.
Their real concern is because all of the theories, consultancies that makes them forever relevant in the scheme of things is going to be relegated to the background if the continued dominance is unabated so they decide to attack from the disadvantages they can lay claim to.
it doesnt matter wether economist or environmental activitst, many economist also think environmental.
bitcoin will get its huge sap of opposition i recently made a picture showing the endresult of a bitcoin centristic world
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
i personally rely on economist cause they have good intel on the market, yes sometimes they are off but 9/10 their analysis of the market is really great and helps a lot. When bitcoin begins to grow, they will sharply praise the cryptocurrency
Nothing we haven't heard 100 times before already. As usual, it completely disregards the environmental impact of fiat as if that wasn't worth considering. Where's the "conflict" for all the electricity consumed by banks, card providers, automated clearing houses, ATMs, etc? Where's the condemnation of the fossil fuels burned when physical supplies of national currencies are transported by armoured van/truck? What about the metals that have to be mined out of the earth in order to produce physical coins? Stop pretending that everything else is fine and that only Bitcoin has environmental concerns.
Very good, unlike the article it makes for a perfect argument.
We have seen these articles before, a lot particularly last year
when Bitcoin was gaining good support.
There are still those who want to supress the use of Bitcoin
so we will continue to see these nonsense articles.
For the average Joe who doesnt know anything about Bitcoin
other than its name and what they are fed in the media these
sort of lectures by banks etc. will make sense,
Thats the annoying thing.
Think about every average joe who's mind changes to "I can't trust them" though over the long run with Bitcoin...
People will only believe for so long, then they will never trust "experts" when they can verify transactions on the blockchain.
However, these experts also fail to weight in the positive impact of bitcoin in the society if ever it becomes mainstream. All eyes are focused on the negatives while completely ignoring the positives. Mining does not threaten our very existence, petty trash talks from different political leaders do. Over-harvesting of natural resources does more harm than bitcoin mining. Economist or even experts I don't really care what they have to say when it comes to bitcoin's value. No one can predict its movement in the market and those FUD will always come if the market is bearish. We have lots of emotional investors coming in everyday hoping that their investments in bitcoin will make them rich.
as i told you in threads before the conflict will come
well newbies are always like this. they see some news article posted by one of these big sites that throw in names to increase their legitimacy of the article and then these newbies start thinking this is a valid thing and they thing it is new.
but if you check out the list of articles on the same site for the past 9 years you can see they have been basically posting the same thing with different words every couple of months at least
in other words what you see as "conflict" is nothing new. and it is more like market manipulation and desperation.
Well, economists gave their opinion from their perspective but that doesn’t mean that BTC is going to be vanished! The economists were against the BTC but they supported the block chain. So, it’s really very controversial topic. They are against it as till now they are earning through fiat currency. But it’s okay if someone says something, people knows BTC is on top now!
That is just a biased point of view. If you compare Bitcoin with other assets that we use in our daily life, all of them deal the same amount of damage to environment while we obtain them but nobody will talk about those assets as they are already holding themselves. I stopped reading the articles or news that are written on the hazardous effect of BTC on nature.
I think he is not aware of the advantages of cryptocurrency. There might be some disadvantages but the positive sides are brighter. So, i hope it will take time but more people will talk in favor of bitcoin.
He is know totally wrong at all. But i think those who are against bitcoin, most of them don't know about the proper utilization of bitcoin or cryptocurrency. So i think there is nothing unusual here.
Nothing to be wondered here. There are lots of people who always complain about bitcoin. And the number of these people is huge. I think we can avoid what they are saying about Bitcoin.
https://www.ccn.com/bitcoin-mining-threatens-our-existence-academic-says-calls-for-intervention/
economists from qatar publicly speak out against bitcoin and its destructive nature,
as i told you in threads before the conflict will come
https://bitcointalksearch.org/topic/m.43124804
I think this is completely ok because people are always having a different sometimes opposite sides of opinions, so some of them are telling the Bitcoin would be great and some of them are telling the Bitcoin will be dead. economists from qatar publicly speak out against bitcoin and its destructive nature,
as i told you in threads before the conflict will come
https://bitcointalksearch.org/topic/m.43124804
Quote
The ever-increasing amounts of electricity that bitcoin mining consumes threaten to reverse the efforts and gains made so far in mitigating greenhouse gas emissions, an academic has claimed.
What an idiot. If you don't like greenhouse gasses so much maybe you should invest in solar, wind and geothermal plants. Even nuclear energy doesn't generate any gasses so I don't see a connection between consuming energy and the greenhouse effect unless you have a small coal or diesel powered generator in your yard that powers the farm
And what shoudl we expect about this? This is nothing, i do not even understand why there are so many people in here trying to spread this kind of fud at the moment
Economists are against the bitcoin! It’s obvious that some will not support it but for that reason bitcoin is not going to be demolished. It became controversial when the economists supported the blockchain. Established economists are still earning through fiat currency so it’s difficult for them to accept the new digital currency. Hope that they will accept it soon!
It is not new that someone is talking against bitcoin. Bitcoin is facing such opposition from the very beginning. This doesn't affect bitcoin much as people know how to differentiate between right and wrong and very ew pay heed to such negativity.
Generally there are some good aspects of it, there are some bad points. I think Bitcoin is also the case. However, the effect of these harmful aspects will be seen. Bitcoin is currently the most popular and profitable. I think it will do something good in the future.
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