Post
Topic
Board Bitcoin Discussion
Re: here you have it economists speak against bitcoin
by
CryptoGamblingSites
on 13/08/2018, 07:52:44 UTC
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.