Post
Topic
Board Bitcoin Discussion
Merits 9 from 4 users
Topic OP
Is Bitcoin a scam: The long debated argument discussion by Bloomberg - Quicktake
by
rdbase
on 22/03/2021, 14:31:39 UTC
⭐ Merited by OmegaStarScream (3) ,fillippone (2) ,vapourminer (2) ,Ratimov (2)
The criticisms against bitcoin made by bloomberg since it has reached well past $60k per coin recently.
So you just knew the big news media outlets were going to put up their views on how is it possible for something they all dismissed as a just a fad several years ago when it rose then dumped in pretty short sucession.
But this time it has held strong being very stable just above $57k in it's second huge bull run.

https://twitter.com/Quicktake/status/1372874835832008721




A comment I liked from this tweet:
Wages to Freedom Man technologistMoney bag @bitsee2 Mar 19 Replying to @Quicktake and @EdVanDerWalt
Unfortunately an uneducated video. Especially the Visa comment. Visa is not analogous to Bitcoin. Visa does not provide final settlement.

Isn't it odd they compared bitcoin taking as much electricity as the whole country of Argentina to mine it?
Under what time frame?

Post your comments on this argument they have put forth against the cryptocurrency that is taking over the world.