Post
Topic
Board Bitcoin Discussion
Re: Bitcoin overshadowed by economic lie
by
Popkon6
on 11/05/2023, 09:54:05 UTC
Bitcoin exist for over a decade yet there’s only few percentage of the human population is involved on Bitcoin investment. Not because that the majority of people is not aware nor exposed but because they are the victim of economic lie such disinformation towards Bitcoin through negative propaganda of Banks.

We are all being feed of wrong information of economic norms by the billionaires that benefiting the current system. Bitcoin is the best asset to invest in terms of price growth on long term period yet people are still scared to touch due the wrong information given by the main stream media.

In the country that I live, Bitcoin has a stigma of being a scam because our own government warn the public to not engage on Bitcoin investment due to a lot of scam involves it and the volatility is high. Most of the people here including the old professional don’t dare to touch it despite Bitcoin already has good price history.
The government, including in my country, often campaigns and says Bitcoin as fraud is a lie. Even though Bitcoin carries high risks and volatility, it is true, but that does not mean it is a scam or a Ponzi scheme. Bitcoin is a decentralized digital asset that allows the transfer of value without intermediaries, which is known as blockchain technology. However, like any other investment, Bitcoin is subject to significant risks and price fluctuations, so investments must be made with care and tailored to each individual's risk profile. The government should educate the public like that, not the other way around.


If the people of a country where Bitcoin is illegal use Bitcoin, the government will surely oppress and harass the people. Because (if people learn to use Bitcoin, trust in banks and fiat transactions will go down) that's why the government prohibits people from using Bitcoin if it's illegal. So i want to say bitcoin is illegal in my country but we are using bitcoin secretly. There will come a time after 2030 when half percent of people worldwide will be interested in using Bitcoin.