Post
Topic
Board Bitcoin Discussion
Re: Bitcoin overshadowed by economic lie
by
Furious 7
on 12/07/2023, 20:03:42 UTC
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.


I heard these arguments in my country too and I always find them misleading. It's not like a huge number of scammers just came out of nowhere with the rise of crypto currencies. The scammers where here before and used fiat money to scam people. And there would nobody say we need to stop using fiat money because of the scammers. Everybody can get scammed out of his money, it doesn't matter what currency he is using. Instead of trying to stop people using certain currencies the government should work on educating their people better. Only when the citizens are aware of the risk of scammers they can be more cautious. Bitcoin has survived for so long now that critics should stop doubting the success and rather be more open to it.
Well, this is not something new because indeed looking at the current conditions even from several years earlier things like this have always been discussed and those of us who have been here for a relatively slightly longer time are clearly aware that things like this are like stale stories that are always raised to make beginners or laymen about bitcoin have a bad mindset about bitcoin.
I don't really mind this, because for conditions like this IMO when a reason is always done it will actually make many people curious and there could be people who are always looking for it for thinkers who have a strong desire to find the truth.

In fact, something like this provides a positive thing because apart from the reduction of people who are naive enough to always want something instant and in the end feel cheated and provide a reasonable statement, this is like a good filtering process in my opinion.
In the end, things like this will also not make bitcoin destroyed and it has been proven that it has been several years since bitcoin was said to be a scam but until now it is still strong and even the adoption rate is greater.