Post
Topic
Board Bitcoin Discussion
Re: Bitcoin and Ponzi Schemes - People are confused.
by
mv1986
on 14/03/2023, 23:27:20 UTC
Now, this does not sound very important, but it actually are one of the most critical things that needs to be addressed. We should counter all of these misinformed people, with education on what Bitcoin is, because they lose money on Ponzi schemes and then they blame it on Bitcoin.
Average person is a lot more stupid than you think is a true statement. People could think that bitcoin is like a ponzi and they could be confused about it, but that is not something that is wrong with bitcoin or anything like that, we are talking about a situation that is wrong with those people who are confused.

They are the ones who do not know the difference and they could be doing the wrong thing and think the wrong thing and we do not have any responsibility to fix it. Forget about what some people may think, they are the ones who are wrong and it is their own responsibility to make sure that they are doing the right thing in the end.

It is also a problem that authorities like Warren Buffett raise they voice and call Bitcoin a Ponzi scheme. Charlie Munger has done the same and even Bill Gates took a full turn on cryptocurrency and talks bad about it. If you are now one of those guys who is skeptical of Bitcoin, then you often listen to guys who have a say in the world. If some of the richest men on the planet say that Bitcoin is dangerous and they keep bashing it in public in all their interviews, you either educate yourself or you believe what people like them have to say.

That is why it is sad that these guys abuse their position and power to spread information like that as I guess we all agree that they should know better. It doesn't help at all if they just bash it but never really talk about the technology. They don't provide real criticism, but if someone is skeptical anyway then this works perfectly fine against Bitcoin.