Topic: Lies and critics about bitcoins (Read 620 times)

valid criticism as you mean is a criticism that is more towards the technical direction of bitcoin and it will turn into a positive criticism for the development of bitcoin.
some critics who only criticize bitcoin in terms of the legality of bitcoin, bitcoin is not valuable and the like is just a criticism without any good feedback. and predictably they only criticize the negative things in bitcoin with the aim of dropping and spreading FUD on bitcoin. Some stories are made with manipulative purposes.

When something is strong enough, people always like to find its weak points to attack it. Value is what people assign. If you feel this currency has value, then it has value. No matter how much you talk to people who don't believe it has value, you can't change the views of those who don't believe it.
When something is strong enough, people always like to find its weak points to attack it. Value is what people assign. If you feel this currency has value, then it has value. No matter how much you talk to people who don't believe it has value, you can't change the views of those who don't believe it.

It doesn't matter how many lies are created about BTC or how many criticisms are generated, the important thing is that people talk about BTC, whether good or bad, that is something productive for the market, somehow people will seek the truth, and those who don't believe that BTC can be the way out to a much better financial life than the traditional one, when BTC rises above $100k then they will believe and want to enter, the important thing is that they talk, discuss BTC, I think that by achieving that, you are already winning. Don't you see it that way? The human being is to see, to touch to believe.

You will always find criticism for something that creates hype around in the market and can change the old perceptions and btc was among them.It was first decentralised crypto and it took lot of years for people to understand it completely.This zero or crash are very much common topics which can be easily ignored now.But i also think now Russia is becoming the china topic as they have been out of the scene so now these news follow the trend but btc will progress despite any of these things so you will see it.

It is the climbing that will be attacked because it is worth an act , critics will keep increasing when you are in the momentum so lets be proud of what bitcoin is having these days. LIES? of course many will create their own just to bring bitcoin down but over the years? more than 13 years now? what do they got?
nothing but instead bitcoin made its climb to the top just recently .

So according to you even a misleading article can be good because it passes information to someone. If You ask me for directions to the nearest restaurant and I lead you the wrong way, will it be all right? I've passed some information to you, so that must count as something, right? On the other hand if it's bitcoin that is misunderstood not the article, the author should've done some more research. When I lack knowledge of the subject I tend to ask questions instead of giving statements. 

As stomachgrowls said which no one really knows until the time that they do make out some public announcement or making some positive words towards bitcoin on which on the behavior
on being bearish, he do becomes bullish which people do see some change of hearts and perception which do really ends up neither the community would really be believing on such
scenario or would just simply ignore them because it is an obvious manipulative kind of act.

There's possibility that indeed some of them are accumulating silently and they will only disclose if they feel it is the right time for them to go public. Anyway, it is not your obligation to tell the public that you are heavily invested on crypto. We should mind our business and not worry about what others are doing on their funds.  For sure, Mr. Buffet read about bitcoin or crypto, he for sure wants to know this new currency before giving a statement. But maybe he has different perspectives when it comes to crypto.

We dont even know if they have been accumulating silently but decided to look themselves as haters of bitcoin.It is really just impossible to think off that billionaires would not be thinking about the

possible benefits that they could get whenever they do tend to step their foot into Bitcoin.Well, not all would be having the same impression on which there would be someone who would tend to

stick on thing on which he had been used to through ages.This is which these negative sentiments would come out neither a total lie or does have some several points.

I think of late the hype on Bitcoin are starting to closely match the hate, critics and disdain on Bitcoin, after 2021 Early in the year success so many critics had to swallow their words and turn around. Although critics would always exist I don't think their era is active because all bitcoins success is everywhere now even countries are adopting it.

Most of the time, these journalists are afraid to face changes and so they always stick with what people are used to do, even if its already beyond the facts. And bitcoin is one of those new innovations that have always received negative critics because people are still focused on fiat when in fact bitcoin is here to offer more convenience and creates more financial security and freedom.

I think that sometimes ignorance has no limits and sometimes the body suffers, but in reality I did not tell that lady much out of respect, besides that she is a woman and well, one respects, but I let her know that there is no antichrist there, that those things have nothing to do with it, besides it is an inexpensive technology.

But I am sure that there are many people like her, and above all it is the elderly population, they are people who do not accept that money can be digital and through a currency.

We should not condemned articles even though the thread or the article is stupid and foolish because such articles pass information to someone.


According to T.S. Eliot. A poet wrote a poem title "Waste Land".

Readers were condemning this poem until the experts explain the poem to the understanding level of the average readers then they came to understand the poem. Anything that is not progressive is a waste...

So before you condemned articles find out why, the of the person writing the article.

as long as that person has an open mind then i'm sure the billionaire will have a broad seeing of things out there.  bitcoin is not something that can be understood in 1 or 2 days, mr buffet must have never tried to explore the potential of bitcoin so he does not consider bitcoin as a profitable investment.

I still think yes here and there you can find good topics and good information,,, but the "problem" is people do not go to Google to find out about Bitcoin. They are sitting down somewhere surfing and then a headline like that pops to them or is shared around. I think when people really search, they can find good things. But imagine you are reading Forbes thinking maybe you find something new about finance and you read paid articles giving wrong info.

Anyone can have a platform where "anyone can write what they believe, and their audience can react to that". That really means nothing. Even the mass media can write whatever they want and we would believe and react to that. Why? Because the writers write whatever they want anyway. As long as they get readers and viewers, thats all they really care about.

Its important to look at the sources. If there are no sources, there is no need to keep reading. Thats the philosophy that I go by.

Thanks for your post here, always interesting to see the other side of things. One things I’ve come to get used to is that anyone can publish and article factual or not and there’s almost always no repercussions for it. These days integrity within journalism seems to be a lost art sadly.

There is no need for you to be blaming medium.com, rather you should blame whoever has written that article which you have read. Medium is like an open space and people are free to write about whatever they wish to write, so it’s possible that there are also going to be writers and editors who do not know or have the same opinion about cryptocurrency such as you have, so there will always write something about cryptocurrency that would oppose or conflict with your own opinion.

I don’t see it as something that you should be getting angry or p*ssing yourself over, if you just see an article you don’t like, it is best for you to pass and move on.

The pros and cons of course will still be there, some of us who are pros of course will try to say that bitcoin is an inseparable part of the future, but those who are refuse and against the progress of the times will of course say bad things about bitcoin, I think if we continue to argue about it of course it will only waste the energy we have, and it is better for us to focus on something that we really think is right and can give us an advantage.

nowadays even TV channels talk well about bitcoin so you see few cases in which people talk bad about bitcoin, in my opinion even anywhere you can find good information about the technical aspects of bitcoin the biggest problem is in the question of bitcoin price speculation, this is where the danger lives, many people like to post price predictions that are illusory and very optimistic that even 1% are not materialized

More bad than good nowadays,,, but yes, it seems you have to curate your own reading lists at all these sites if you want a good platform for good reading material.

Personally I think the good writers left Medium and went to Substack,,, most of them have a paid service you can subscribe to but following the free content is good enough.

Much much better than Forbes.

There's no man on this world had the pinnacle of knowledge on whatever form of investment that might exist and its true that even if you are known billionaire or economist or something in connects but
that wont be enough to presume out that you would know everything and thats why every person do come up with different ideas and conceptions about things whether it turns out
to be true or totally opposite but to those who do know about it will definitely be continue to support no matter what.

just ignore his words....Mr. Buffet is not aware of the potential of bitcoin, he's just trying to wash people's minds and lead opinion to his ulterior motive.  i admit i am quite amazed by Mr. Buffett because of his expertise in raising Berkshire Hathaway but he has empty knowledge of Bitcoin.

I was shocked by few interviews by Warren Buffett and Charlie Munger regarding cryptocurrency. they said that crypto is absolutely worthless because it’s not a productive asset (Among other reasons).
Mr. Buffett even went so far as to say


I think many have already been wrong about Crypto. It doesn't fit the mold of a traditional investment like what Warren made his billions on. Same thing Schwab has. Yet you're seeing a shift right now toward accepting, and many banks with FOMO. Even ETFs that are exposed to BTC, ETH, and others. So don't worry about it. Go with your gut. Invest what you can do without.

There will always be people that think Bitcoin is not going to be worth anything.

Over the years people have kept saying similar things, and mass media continues to print similar stories all the time.

My favourite place to read them is https://www.bitcoinisdead.org

The thing is that the more you read about Bitcoin from the actual primary sources, not third party analysis, the more you understand it already won and there's very small chances it becomes worthless at some point in the future.

This is so much true, some journalist or activists or whatever they call themselves, whenever they are out of content for their blog, they will tend to write rubbish to get paid. I have read the article for and discover many lies that is in it. It can also be that some big players in the industry is paying this bloggers to write fear into people so that Bitcoin will crash and give them opportunity to buy at low. This crypto market is just like a game, everyone plays to win and they invite all types of skill positive and negative to win the game for themselves even if at the expense of people.

Yeah, i have able to read up that Antichrist which is totally bullshit kind of idea or presumption that they do tagged up with Bitcoin.I just dont get the point on why they do really end up on that kind of impression.  

Criticisms would continue to exist no matter what because there would be people who would really hate up the idea on what Bitcoin could impose out on financial system.Some might be that personal
but in most cases it is totally some propaganda just because they do really hate up that decentralized thing thats why they would be always be having that view.

I just don’t know who came up with this theory of Antichrist, and how it is going to happen. Some people, whenever they see new inventions that are helpful to we humans, they start to assume that it has something to do with Antichrist. Every little thing they see always has something to do with Antichrist, and it can be really annoying.

But, I wouldn’t really blame all these people, most of us don't have the same level of knowledge. So, that you can easily understand something, doesn’t mean that other people will as well understand that same way. Our height of understanding differs each and every person. Bitcoin is simply a technology for transactions and nothing more, it is just here to make it easier for us to make transactions and have more flexibility.

Medium's a platform where anyone can write what they believe, and their audience can react to that. Given that it's basically a place with personal blogs, it's not surprising that it has both good and bad articles of varying quality. That's why I usually don't read Medium articles. But what's interesting is that even reputable media like Forbes can sometimes publish misleading information (not false, but manipulative) about cryptos, focusing a lot on sudden significant drops, and not balancing it out with info about the growth of Bitcoin over the years or how many times such drops happened before and were followed by successful recoveries.

Nope they can change their mindset by just doing that maybe you should share them some better information towards bitcoin and how they can earn with it, also try to introduce them the risk so that it will not dismay them if know how to handle the market stress and for this then provably we can change their mind and join with us earning on bitcoin also with other cryptocurrency.

Yes, that is it. For an example, look how many news sites and posts on the internet in general have said during past years bitcoin was dead, that it would never recover after the bear market of 2018 and that it was a ponzi scheme. On those times people making such statements made complete sense, they looked totally right, but then time passed and showed they were wrong.

The same happens with that argument saying bitcoin mining demands too much electricity, so it is harmful to the environment, but the fact this electricity would be used in a way or another is ignored by critics.

Try giving them few satoshis and convert it to their local fiat, and they may change their mindset towards bitcoin. Because if you are already here in this crypto community, you will only brushed off those fuds and negative criticisms because you know better. So despite those lies surrounding you, you can just laugh it off and improve your crypto portfolio. Once they realized their misconceptions, you are already way ahead of them.

Those who think badly about bitcoin, are too pessimistic and think bitcoin is only a digital currency that will disappear and not develop, of course they only know bitcoin is only about digital currency and do not fully know what bitcoin is. But when they get education about bitcoin, crypto and blockchain technology of course they will be interested. Lots of harsh critics about bitcoin and always want to take it down. This is also a way to spread FUD about bitcoin, to influence the bitcoin market price. Manipulation and speculation will continue to be done to achieve the goals they want.

I still wonder why there are still people who associate Bitcoin with the antichrist? Bitcoin is not a devil worshiper or anything like that

it takes, patience, hard struggle and also extensive knowledge in proclaiming Bitcoin to ordinary people out there because the concept of traditional money is still imprinted in their minds

I also hear a lot of bad and pessimistic words from people around me about bitcoin but I don't care about it because I believe in Bitcoin

I like this thread because a few days ago I was trying to explain to a group of people what BTC is, and what it represents and why it turns out to be the best long-term investment and why it is the best savings against the decline of an economy. inflationary 1000% that we are living where I live, and it caught my attention that a lady said that she did not like that digital currency because it represented the currency of the antichrist and a stamp, that that is something diabolical and that it represents being one of the things for which the apocalypse is already here, and I with all due respect told him, that any antichrist could come with or without BTC, that BTC is just an invention that does not seem from this world so that we can all achieve financial freedom quickly because there is more opportunities than the traditional economy.

Yeah, it is not the websites fault because medium is only a platform where a writer writes and they do not have a special connection to the writers to dictate if what article they will write. Salute to medium because they allow anyone to publish what is on their mind because there are sites that disallow or delete's a post whenever they do not like it.

Even in the news you cant say that all information they show are true. It is hard to believe if who is telling the truth nowadays but one thing is for sure and that is bitcoin is not worthless because number one, it has a value and it's huge. Number two, btc is more than just a currency but it is multipurpose based.

Medium is not necessarily a place you would want to go to and get unbiased information, most article writers on medium have personal bias that will be reflected in the article if a person with a sound mind is doing the reading.
The title of the article is incoherent, anything that has a value greater than zero cannot be worthless and definitely not BTC. I don't blame the writer because he/she is free to write an opinion piece but anyone who is swayed by the article needs to be helped.

The purpose of the hard critics is wanna make bitcoin price drops so the author could buy lower, i'm pretty sure that the people who wrote hard critics about bitcoin and cryptocurrency are also buying crypto at least they are a scalper that making fud when they want to buy and stops when their bags are full and ready to take profits in the future

Bitcoin criticisms will always exist and we have no control over it since they could create articles and vlogs on different platforms easily. What important is, lots of people wouldn't believe what they read because they're already aware of the facts about Bitcoin. We all know that Bitcoin couldn't please everyone so we can't get rid of criticisms but it's obvious that BTC is continuously growing despite its existence so I don't think they still matter.

Lies and critics can not be totally avoided and that's why everyone is entitled to what the wish to believe as well as the choices the make at the end of the day, I believe most of us jn the light today too where at some point discouraged about the good side of bitcoin but we choosed overlook it and take up the risk.

Anybody who's not in the light(investing in crypto) because of probably what they've heard isn't to hold anyone responsible for their mistakes.

Actually there are a lot of lies about Bitcoin spread by Bitcoin haters, and that can make people who don't understand Bitcoin wrong in
understanding Bitcoin. Finally people who misunderstood Bitcoin, become negative about Bitcoin and it only prevents them get benefit
from Bitcoin. Therefore, it is important to seek information from trusted sources, so that we can get correct information and avoid lies.
But somehow the lie will not last as long as you say, because sooner or later the real truth will be revealed, especially now we are very easy
to get information. So we can compare the various information, and we get to find out the truth.

What do you mean by USA banned the gold few years back. Why I’m still seeing the Gold Rush show from history channel till today? Was it a lie too!

I don’t think we should be believing piece of paragraph that is being published in the news articles like this. Even the reputed sites like medium, word press etc can be easily manipulated by the writers. It’s either fake publicity, more attention seeking attitude via negative news or simply paid news.

There are genuine podcasts, TV news channels and also science based channels which can tell the reality.

Better always confirm with multiple channels.

Bitcoin is still gonna be part of our lives forever. Like forever!

Some people write to earn a living, whether they are writing the truth or lies will be determine by their readers. Some people are paid to write bad about a particular project and they will do that without thinking second time.
Some people don't have knowledge of bitcoin but they write from their ignorance. Because we are here in this forum and have some knowledge, there are people that don't know the simple things about bitcoin but they will be spreading FUD.

Criticisms must be taken into consideration, because it's possible they come with valid arguments, which are important for everyone to develop a healthy personal opinion about bitcoin and also to help enthusiasts to find possible effective solutions for the criticisms presented.

At same time there are many lies about bitcoin, which of course must be completely exposed and then ignored next. Actually, lies aren't a big issue on long run, because they don't last longer when put face to face with the facts and the reality.

Although I don't want to give you a personal opinion, but remember this from me, don't believe anything good or bad is down to your choice and you will be caught up in your choices.

I'm so fed up with the hype or fud news about this field, and actually look at how it plays out and who's discussed it (including us). Are you sure that the countries that oppose btc won't use btc, or even that they are holding a lot of crypto , stay awake. Even for good news it doesn't mean much if we just get carried away with those opinions, And the truth will still be the truth

Hopefully, those that read this article will go-ahead to search about bitcoin and see a better-explained article on bitcoin on well-acknowledged sites. No matter how bitcoin gets criticized on a site the word "bitcoin" is mentioned. And it's the most important word. Nothing like bad publicity, some met bitcoin for the first time through critics' news like this one, did their research, and ended up using bitcoin. Those who will not use bitcoin will never accept it, whether they are an article on the NYtimes throwing good shades on bitcoin. So, this type of article will keep popping out from time to time. But, the main thing is that bitcoin gets mentioned.

Whales or not then its better to stand your own ground on which you do only rely with your own analysis and wouldnt tend to hear out any words around or on surrounding which you could normally hear off positive and

negative sentiments which could totally affect your overall mindset or impression towards bitcoin.Its nothing new that there would be lots of issues and criticisms around about bitcoin but

this is would really vary or its up to you on how you do take it whether you do agree or totally ignore it.

Most of these 'critiques' are not really helping the average Joe to check the other side of the fence honestly. The critiques are not adding substance to the matter, and are purely attacks angled on topics that have long been discussed on most channels yet still surface from time to time—sometimes, with added twists on the story to make bitcoin look even bad. Trust me, bitcoin will always be attacked on its shortcomings and attackers would greatly exaggerate those, than they will credit the good in bitcoin and the things bitcoin innovated and helped in the financial industry.

Aside from those pitfalls you mentioned, Bitcoin is set to be the global currency.  If we can fix the underlying issues that makes it cumbersome to onboard new users to bitcoin and then it's expensive as well to use. That's the biggest talking points that I've seen critics have used to criticise bitcoin for the last couple of years. When it eventually gets fixed, I'm not sure there would be any reason why even the biggest critics of bitcoin would get onboard the ship.

^ Sometimes when I heard some critics like, I just thinking that they are a part of those whales who was trying to manipulate the market and since they don't have the power to drag down financially, they spread FUD news to become market continue crashing out and it will hard to recover. If we know the fact we should not listen to those BTC critics because we know that one day soon it will disappear and try to help BTC will recover if it is affected by the FUD. Now look at, BTC has gained a lot of trust from the community instead of making criticism.

criticism about Bitcoin will never run out but everything will just disappear...

stupid criticisms often come out of the mouths of bankers and economists, they say 'bitcoin will go to zero' and so on but until now that hasn't happened. as long as there are still buying, selling or hold bitcoin then 'Bitcoin go to zero' is just an imagination.

The lies and criticisms are getting too much these days. I think as crypto supporters or Bitcoin supporters, it is our responsibility to make sure that we go out there in the public and teach people what they are meant to know about Bitcoin. It is up to us to clear this Bad understanding or idea that people has about Bitcoin, and help them understand what Bitcoin is truly all about and how it is really going to impact their life.

If we should allow these people to continue with their critics and lies, it is really going to affect the cryptocurrency market badly, because this is like planting a bad seed or a weed in your farm and as time goes on the Weed is going to multiply for sure. Unless you cut it out early.

I think you don’t really understand how Medium works; medium is not like other media websites that has a particular editors who write for them, no, rather when it comes Medium anyone on the platform is free to share their own ideas.

So, if you’re seeing articles you don’t like, you shouldn’t be blaming Medium, because they have no hands in it, rather you should have something to do with the author of the article. In a platform where people are free to share ideas, there is the possibility that you would surely come across an idea that you wouldn’t like at all. So, it is nothing new at all.

Your opinion is good, but I think all these people who criticize Bitcoin and lie about it are those who don’t know anything about it. Some of them are also those who never really had full understanding and then they decided to give it a first try and ended up losing their money in it. So, no matter what you trying to tell them they just believe that Bitcoin is a scam, and all they need is someone who would completely explain to them that it is not what they think it is and then lead them the right way.

Sometimes when I meet people who try to criticize Bitcoin, I do end up asking them some questions that would help them realize that what they are saying is totally wrong. And then after that I also teach them properly so that they would understand.

This article is written in Medium and this can be made of everyone actually.
Well, I don't exactly know about him, nor he is exactly an expert or not in valuing Bitcoin.
However, he himself said that he is not a financial advisor, writing this for education and entertainment.
Education? Maybe this is more of a one-sided accusation, it should be balanced against things from both sides.
But maybe he just wrote the article for entertainment  

Btw, I am curious why at the end of his article, he seems to promote about new Chinese digital e-Yuan?  
Is this actually the main idea of his article?

Well, this is only my opinion that I can share here.
It is not something fresh or shocking to hear any longer. Nowadays, we constantly running into people who oppose bitcoin, and we have seen the media solely report on bitcoin in a negative light. Some articles just look at one side of the story, the negative aspects, without analyzing and examining the positive aspects. That is media, and we cannot control how the media portrays bitcoin. We all know that everyone is entitled to their own opinion, and I had rather crypto be criticized than universally adored because then it can prove itself and work on the flaws.

In fact, they are using the name Bitcoin to deceive people.
Most people are deceived when it comes to making money online, which makes them think that making money online is a scam.

But, most people believe in Bitcoin, maybe they know less about Bitcoin but they believe that there is a lot of income to be made from Bitcoin.

When fraudsters use the Bitcoin name to ask everyone to deposit, the general public believes in Bitcoin, which is probably the right way to make money. Thus they are deceived. In order to get rid of these fraudsters, we have to spread the correct idea of ​​Bitcoin among the people.

It is clearly targeting newbies or people who doesn't have a single clue about Bitcoin but as long as they don't scam people they do what they want to do it's just people really need to educate their selves first if they are too curious about the topic especially in crypto currency.

Someone should tag that publisher or the site because clearly some of them aren't using the right way to share knowledge but instead spreading some fake news and lies just for the sake of traffic. Perhaps it's their way to make the price dump but that's just too irrelevant because only newbies, not all but some would believe what they were talking.

i believe they know that they are also lying about what they are saying. for sure, they will also do their own study about the topic but because they want to contradict what is the truth. they resort to giving unfounded statements to the point that they lie about it.
and publishers are allowing this article to be published. why? maybe, to attract the attention of the public with this kind of article. but the prob is, most people won't do their own research and believe what they've written. and this is why people panic because of the confusion. to address this scenario - every one of us doesn't need to believe every article published, we also need to educate ourselves with facts.

I don't think this article is true,does the writer think that bitcoin is a ponzi like mmm that will crash,bitcoin is a digital currency and it has value it can not be worthless , although the price may fluctuate but that doesn't mean that it will crash,even thou China doesn't accept it now, some  other countries accept it,infact , senator from one of the states from US want to legalize  bitcoin  that is it will be used to pay bills,so this article is wrong.

I can only say that people like this who wrote something over exaggerated thinks Bitcoin is like a tulip mania or it's just he/she want to start a revolution by giving a wrong information to the public just like how black propaganda works. Funny thing is they were allowed to published such BS idea/information or is it just what the author understand about Bitcoin.

But still it clearly showed that they aren't pro Bitcoin or maybe they just like to share any misleading and misinformation just for the sake of traffic in their blogs.

We need the kind of Bitcoin critics who can talk about the need for Lightning Network or its implications for treasuries of private corporations and billionaires. We need critics who can question the pace of development considering that a lot of central banks are already planning CBDCs that will carry records of every single transaction while also allowing governments to censor any transaction at will.

We need critics who can tell us that not enough is being done to actively promote Bitcoin anymore. The doomsday critic are a meme now. Bitcoin has died 4875 times already.

Yes that is right, everything will always have those who would stand to criticize it , and there will also be those that supports it. Despite that Bitcoin is a really good invention there will always be those who are going to be criticizing it and ignoring how good and useful it has been to us.

But funny enough, all those people who has been criticizing Bitcoin doesn’t have a good enough point. Like, if you look at criticisms that are being laid against Bitcoin you would see that most of them are not even making any sense at all. But anyways, what can we do? When you try to correct those critics, it seems like your words keeps falling on top deaf ears.

It isn't that surprising really, some articles maybe just a form of misunderstandings (or really, not understanding the topic itself) but it still does give traction to the site by the people who read the said topic. As long as the article seems pretty good, and all details intended were as is and the other misinformation or misunderstanding is solely the opinion of the journalist, it'd probably be allowed. Quality checks don't deign on stuff like that after all.

Plus, negative articles sounds more enticing to read for most people anw, at least it is for me when I know completely nothing of the topic.

As you said, these are just critics that will probably never see and say anything good about Bitcoin and besides the guy is a clown, how do you want to compare 2 things and you are only looking at the shortest time frame as your judgment for almost 13 years trade.

Look at the write-up on his claim
 

So let's see how both have performed in the same time frame too since Bitcoin was found, the Blackline is Bitcoin and the yellow line is Gold, can he even compare the two? at present, Bitcoin is about +54million % above gold since Genesis.


Government change, just cos one government doesn't approve of Bitcoin doesn't mean this is how all other incoming Governments will feel about the same thing plus china cannot be a representative of every Government.

It is not surprising anymore if there are many media that report about Bitcoin only negatively. Moreover during the bear market, or even there are some special laws by certain governments or countries. the FUD will be always spreading about Bitcoin and cryptocurrency.
If the news from certain media is exactly not true, we can report the site or address.

Some articles only view from one side, its negative sides, without considering and preaching the positive sides. That is media.
We cannot stop how media will preachabout Bitcoin
That is why, we commonly often retell and explain to some certain people around us, close to us that are curious about the truth of Bitcoin.

Ever since bitcoin's inception there are a lot of critics already, saying that it won't survived. But long how far bitcoin already went, we are 10+ years old now. But there are some critics that are convince and then some (specially from some traditional markets), that really didn't grasp the concept of crypto in general. So everyone should read between the lines, when you saw articles that criticize bitcoin, take it with a grain of salt. The old rule still apply, "not all things you read from the internet is true".

There is nothing in the world that has zero criticism. Every new innovation is really welcome in the start and same is the case with bitcoin. We have to admit that btc has issued of scalability but its security and decentralized nature overcome all its major shortcoming. Scalability is solved by LN and its very much settled issue now.

It's not just the author's opinion that Bitcoin will be worthless, but a classic shill article in which he suggests through the walls of the text to people to invest in another crypto project, which of course I will not mention here. Sometimes we underestimate how good Bitcoin actually is for the purpose of marketing various crypto projects, of course, the way the author presents it in a bad light by offering an alternative.

As many as there are people who would like Bitcoin to succeed, there are at least five times as many who would like it not to happen. Many people are jealous because they did not invest on time, many have some reason to hate Bitcoin because they may have lost money or been scammed - which means that Bitcoin has a lot of enemies, and not just in banks or politicians.

I look at this as an opinion piece. Everyone is entitled to their own opinion. I someone thinks that crypto will be worthless in the future, then they have the right to express their opinion (if they are presenting untruthful data, then that's another issue). Just look at it as a version of what Paul Krugman said about the internet in 1998 'By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine's'. And in all honesty, I'd rather crypto be under critique because then it can prove itself and work on the flawed issue, rather than just be universally praised.

Probably they're happy to see bitcoin keep losing support because they all want to buy at the very dip to have good profits in the future as well. Lol because to be honest when bitcoin is so high and the price keep increasing they're not existing.. So it's just their technique wherein they used to pay sites to deliver the false information so that they can grab more bitcoin from the very dip.

Medium is a blogging platform, it's not a journal with editors, literally anyone can start a Medium blog and post their stupid uninformed opinions there.

Nocoiners were always making rather poor arguments against Bitcoin, they always showcased that their hatreds towards it is rather irrational than based on some legitimate concerns. If you want to look for criticism of Bitcoin, there's plenty of good criticism within the community, and it doesn't say "Bitcoin is useless and goes to the ground", it simply highlights the problems and limitations of Bitcoin.

I read the article and everything revolves around gold as if it was written by some gold bug. But it's a long-known story, in my opinion, it's a comparison of oranges and apples because Bitcoin and gold are two completely different things. But for those who continue to read the article, the real intention of the author is revealed, because it is just a bad attempt to promote someone's shitcoin which is allegedly pegged to gold.

In the end, the author shows his utter stupidity by advising that as many Chinese CBDCs as possible should be bought, which will soon (according to him) become the new global reserve currency. If nothing else, the article is competing for one of the dumbest in 2022, and all those who liked it will most likely have a very successful year

Things like this have already happened in the past where they published such lies whenever bitcoins price is increasing to catch up with the trend and to get some views and exposures, they don't really care about their articles whether it's true or not. that's why lots of people regret not investing with bitcoins in its early stages because they listened to those media crooks. Today, no want would really care about these kinds of articles because the more they hate bitcoins, the more it becomes popular and appreciated by real investors.

I stopped reading news about bitcoin criticism and even certain news about bitcoin because on the one hand the news about bitcoin criticism was manipulated to distort the truth, but there is also a lot of news about bitcoin that are distorted to create a price increase or to seem that bitcoin makes anyone stay rich overnight for china

i also stopped reading news about russia in relation to bitcoin because they still say one day one day and another day they say something else i also stopped reading china news about bitcoin because they too have already made it clear that they don't like bitcoin

The discussion of bitcoin in Russia takes uncertain every year. It seems that by the time any decision comes into force, bitcoin will already be mined (sarcasm)
Having large areas for mining, and understanding all the advantages of bitcoin, Russia is still "thinking" about how to make the adoption of cryptocurrencies the most profitable for regulation. Everything that I see at the moment still looks very flexible, they propose to levy taxes even with a ban on cryptocurrency, which seems completely absurd.

In the past, I also was frequently looking for Bitcoin critics as to balance my overbullishness on Bitcoin; and trust me when I say this — the more you dig, the more BS and ad hominem attacks you see thrown at Bitcoin. The only valid criticisms I see a lot are the likes of "bitcoin is hard to use" and the "bitcoin is slow and expensive" criticisms, whereas these can be easily fixed by further innovation.

I was surprised how some articles are easily published and accepted on publishing sites, I have known medium for their good contents and I have preferred many times to search for articles on medium, but recently, one of the articles from the notification I got really displeased me and inaccurate.

This is the title
Why Bitcoin will be Worthless even if it does not go to Zero.

I read many lies and the person that wrote it is a critic and annoying with his misleading information, even the title is a lie and stupid, value did not get to zero but worthless, how will that be possible? This will likely be an old man thinking like person that is not knowing what is going on presently in the world.

Using long term comparison, see the misinforming graph he included, you can check it yourself because I will not include it here. If using long term, I will include the graph of bitcoin from 2009 to 2022 not only 2022 graph that we have just started.


https://www.statista.com/statistics/647523/worldwide-bitcoin-blockchain-size/

China wants centralized control, since they are banning bitcoin, see the chart above. Russia did not ban bitcoin, even the Russian president's word towards bitcoin mining favours miners in Russia.

Putin Says Russia Has a “Competitive Advantage” in Crypto Mining

If USA banned gold in the past, I have heard many times about it, then this article writer is a clown misinformimg people in a way they should see bitcoin bad with lies.

If gold and bitcoin are banned, I will see which one will be more accessible. The internet will be shutdown because of bitcoin? The world depends on electricity too. Even if the internet is shutdown for many days, my bitcoin remain my bitcoin.

I can not completely read the article, it is full of misinformation from begining to where I stopped.