Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin a scam: The long debated argument discussion by Bloomberg - Quicktake
by
Lucius
on 23/03/2021, 10:54:45 UTC
I mean, he even gets Satoshi's name wrong at the 1 minute mark, so that should give you a good indication of just how much thought and research went in to producing this awful video.
At 2 minutes they say that the Whitepaper states there would be a cap on supply. This is completely false. The Whitepaper does no such thing.

Some things I obviously missed, but all you noticed is just proof that these so-called journalists know a lot less than the average user of this forum - you're going to talk about Bitcoin, and you can't even say the name of the person who invented it properly.



The biggest skeptics are the banks because they see bitcoin as an adversary to their own current fiat financial system.

I'm only referring to the video you can see if you visit the link from the OP, because it mentions only those two people as some of the critics or skeptics - and we all know that Jamie Dimon changed his mind a long time ago, and that JPM is today a bank that every week gives very positive opinions when it comes to BTC.

At the moment, banks are just trying to slow down the adaptation until they are ready to jump on the BTC train and profit from it. It is only important to them that they earn as much as possible, and it is less important whether they launder money for drug cartels or take fees for crypto exchange/custody.



I had the foresight to the question coming up with this source for my evidence on the matter:
Mining in the Arctic (Norilsk) using gases
https://twitter.com/Quicktake/status/1372955971367108610

Journalists and their research work, we had this topic on the forum almost 2 months ago. It would actually be more correct for Quicktake to become Slowtake Wink

Bitcoin in Arctic Circle - The northernmost mining farm in the world!