Quote from: Free Market Capitalist on August 11, 2025, 09:44:38 AM

Quote from: BitGoba on August 11, 2025, 05:55:48 AM

One of the biggest Bitcoin YouTubers, Matthew Kratter from the channel Bitcoin University, recently made a video explaining that this current Bitcoin bull run biggest scam is Bitcoin treasury companies , here can watch his video in which he explains why
https://www.youtube.com/watch?v=vr8hog1BHAY

How do scammers manage to convince people to invest in their projects?Do you think Bitcoin treasury companies are the biggest scam, or are altcoin scams worse, considering Bitcoin’s dominance is only about 60%?

Hahaha! I saw the title and knew what this was about. I follow Matthew from Bitcoin University, but he's wrong about this. He's a purist who doesn't stray from P2P bitcoin. And today, bitcoin has gone far beyond that, and will go even further. If people only used bitcoin the way Matthew wants them to, it would easily be worth 100 times less.

At first I wanted to put some blame on you about what could be so bad using P2P for Bitcoin transaction, because normally this is the best way to use Bitcoin but I remember that there are some people who don't like doing things like this on their own, if P2P is all that people cares about, Coinbase and other centralised exchanges won't survive this long.

I used to blame people for using centralised exchanges in the past but I later realized that we can't all be the same, banks survived for similar reasons, handling our money into the so claimed better way of keeping them safe, people got used to it and when Bitcoin came they want someone else to always do the same thing for them.

Matt should instead compare BTC with the scams from the altcoin side, it's like comparing a lawful country with a lawless one, ICO and IEO or whatever they are called have stolen billions in dollars, they show their faces to the world and still rob people.