Quote from: blckhawk on April 15, 2021, 03:54:27 PM

Quote from: Polo7 on October 14, 2020, 09:52:23 AM

Its time to hear if bitcoin is legit or not!!
Someone with good and legit reputation need say here if bitcoin is secure safe and legit!!

We Trust USA dollar because its Federal reserve are legit guys!!

So is bitcoin good or not?

Someone like donald Trump should if its legit

Is Elon Musk does enough to call as legit and have a good reputation? then in that case Bitcoin is legit as he once mentioned it before on his tweeter and he's now venturing with it along with a couple of large institutions. Besides, there's a lot of people who can be called living proof as they use Bitcoin on their investment and different legit transactions. If it is fake it wouldn't survive for too long and institutions will not waste their time and money on it.

I wouldn't say Musk makes Bitcoin legit or not with his posts or words. The question is wrong anyway whether it is legit or not. Bitcoin is here and it can't be stopped. Why shouldn't it be legit to send some data around in a decentralized network? Take tulips for example: if people start exchanging tulips because they value them, would you also ask whether tulips are legit or not?

Bitcoin is code and the code is legit. Bitcoin can be abused, true, but so can a knife be abused! I can even kill you with a chair, but that doesn't make the chair illegitimate. Or just take email: is email legit? Very similar to Bitcoin, you use it to transfer information from A to B. Could it be abused? Hell ya! But is it illegitimate? You can abuse it to plan bad things or transfer illegal documents as much as you can use Bitcoin for certain criminal things.

Bitcoin is a technical mirage and here to stay!