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2024-09-12 16:30:44

21 Sats on Nostr: Myths about #Bitcoin : Bitcoin... 1. wastes energy. 2. is bad for the environment. 3. ...

Myths about #Bitcoin :

Bitcoin...
1. wastes energy.
2. is bad for the environment.
3. can be destroyed by quantum computers.
4. is for criminals.
5. isn't scarce because it can be cloned.
6. is a Ponzi or pyramid scheme.
7. is too volatile.
8. is a bubble.
9. has no intrinsic value.
10. is manipulated by whales.
11. is controlled by govt. XYZ.
12. is controlled by miners.
13. can be banned by govts.
14. is too slow.
15. doesn't scale.
16. is old tech.
17. not a commodity.
18. is a collectible.

Anything I forgot?
Author Public Key
npub1se3vu6av3fs8lmpj38pfgwcarjz8gc7wcgwfcrt4wevkcgqxklys36g4f8