I do find interesting this idea of "false" FUD.  Upon reflection, it might not be a superflous expression, even though before seeing it written like that, I was kind of already reading the concept of "false" into the concept of FUD... but I suppose that there really is true FUD and false FUD that is out there, and the false FUD would surely be worse than the true FUD.

By the way Torque, your seeming to get so excited about this whole matter comes off as a wee bit of an exaggeration - as if the FUD these days is worse than historical FUD and blah blah blah.

There has always been FUD, so the mere fact that more people are into bitcoin and shitcoins and whatever, probably only justifies that some aspects of the FUD has to become stronger in order to attempt to lure HODLers out of their bitcoin, and even conceding that point, even if their might be some truth to the worsening of FUD, it still is likely turning into a BIG ASS so what?.. We likely have way more HODLers with way more conviction to HODL their coins, so it takes way more drama to try to shake the trees and to get some coins as a result of such shakenings... Still... a big so what, seems to me.  If peeps gonna get shaken from their coins, so be it.  Let it happen.  Not going to shake us longer term HODLers, no?  We already have developed some stubbornness in our bitcoin portfolio management and our largely HODL practice (or at least terms upon which we continue to HODL).


Is that really a problem?

I remember in the old days there were so many people proclaiming that bitcoin is not going to grow unless we have mass adoption. blah blah blah.. and suggesting that mass adoption and better advertising of bitcoin and more convincing of the masses is necessary in order to get bitcoin to be successful... and seems that you Torque are making some kind of similar argument in terms our needing to convince more normies to get into bitcoin, and still seems like a BIG so what to me.  If they don't get it, let them suffer until they figure it out.  It is not like we are not sharing information with them and some of them are merely just not seeing it.. so whether they jump on board in the $49k price arena or they wait until the $149k price arena, or some other price point, that's there choice.  Sure they would be better off to get into bitcoin sooner rather than later, but we cannot really rush them in terms of when they are going to see the light, no?


You are generalizing a lot.


What else is new?

So let's expand that out to a room of 2,000.., and so you are saying that currently there are maybe 100 of those who are genuinely interested in bitcoin.

Maybe in 2014, we had 10 people interested in such room of 2,000, and in 2017 it became 30, and so after March of 2020.. we may have gotten more people who are genuinely interested in bitcoin.  These matters seem to take time.


Fair enough.