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RE: The Argument Over Bitcoins Value

in LeoFinance4 months ago

I read two articles that popped up in my Google feed earlier that were written with the exact arguments against BTC you mentioned here. It's got no value, it's only backed by a belief, not fundamentals, it has no use, it's gambling, stay away from it, it's a ponzi with no concern for environmental impact etc

Can't help but feel these folks didn't spend any more than 5 minutes (if that) on actually doing some research on it after probably feeling a little salty that they missed the boat. Either that or they are trying to shake weak hands so that they can then jump in!

Either way, you simply cannot just turn a blind eye to all the institutions getting involved with this and willing to buy up hundreds of millions, some cases billions, of dollars worth of BTC, to just dismiss it as "these guys are idiots, they are just gambling".

We're off to the races!

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You know when number go up everyone's going to have an opinion, I do like to listen to the arguments but so far it's been pretty weak. Bitcoin isn't a panacea but fuck me you guys fucked up the economics so bad that this digital asset is the best we've got and is exposing the fraud we have today

Lol nothing really changed for me, I buy my daily Bitcoin regardless of the price, who gives a fuck stack sats burn fiat, stop smashing like and subscribe and start smashing buy

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Yeah the arguments I've seen from Financial Times and Telegraph are nothing short of hilarious. Sadly, people still believe those opinion pieces. At least they have toilet paper should they need it!

I'd rather tune in to the Daily Luno personally, that brings me nothing but good news as I see the sats count go up (albeit a little slower than it had been in the past)!

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They say its rubbish but they bother to write about it and put the ticker and price up on the site or screen lol what a bunch of knobs, I don't mind all their readers just dump their cash in our pockets

23k here we come, FML its going to be harder to extra t a sat from a stone

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