What is something that someone will say about Bitcoin that will then make you write them off and never take them seriously.
For example one that will do it for me is "bitcoin has been hijacked" or "bitcoin is run by the CIA".
What say you?
Discussion
You’re Bitcoin rich… You can’t buy anything with Bitcoin ha ha ha
What if they shut down the internet!
My Bro-n-law said "bitcoin is a sham from the Russians"...
This after he lost money on alt coins, a few years ago.
Meanwhile, I stack & stack. I even have a hardware wallet for each of my young nieces
“It’s only good if you got in early. Too late now.”
I don’t buy Bitcoin because I like money
I prefer monero or some other shitcoin.
"Sorry, I don't play with Monopoly money."
“When the power goes out..”
Bitch if your area loses electricity, you’ve got bigger problems than not being able to access your savings (which you still could anyway). Our entire modern existence depends on electricity, 95% of people are unprepared to deal with this situation so you’re looking at social breakdown in days. All banks are offline so cash will run out fast, shops will be stripped bear and can’t transact, no medicines, no food warehousing, supply chains on the brink etc.
“When we get quantum computing..”
Bitch IF we get quantum computing the entire fucking internet is broken. Bitcoin will be the first major system to handle it and upgrade to post quantum. Your bank is gonna take months to fix it, and everything else months to years.
These are the most common I see on Xitter nowadays and all they show is the persons complete inability to think through a cascading failure scenario and assign probabilities.
The latter point was hammered home for me during Covid where people were genuinely concerned over something that statistically had less odds of killing them than driving. They never thought to freak out about the possibility of dying when they got in their car but they did over a virus because they couldn’t grasp the probability of different events and were led solely by emotions.
“Bitcoin is not safe because there is no government oversight “
Bitcoin being invented by the cia/nsa/whatever doesen't mean its run by it or that they have control of it. For banks and governments, bitcoin is pandora's box. They are all f*d and it means their eventual elimination. The only way the CIA was involved is if there were some cabal of good guys. Apart from that, its most likely it was just some really friggin smart dude that had enough.
"It has zero utility"