“Bitcoin is a Bubble/Fad” – Fact of Fud
“Bitcoin is a Bubble/Fad” – Fact or Fud FUD Is it a bubble? The volatility of Bitcoin really confuses most people. Put simply, volatility goes both ways, you can’t have 200% a year average returns without having seemingly scary moves down along the way. Bitcoin does have short-mid term bubbles that form due […]
“Bitcoin is Bad for the Environment” – Fact or Fud
“Bitcoin is Bad for the Environment” – Fact or Fud FUD Made up This argument is built on such flawed logic it’s almost unbelievable. First of all, you can’t just say anything that uses energy is bad for the environment. We’re trying to change the source of energy not the fact that we use […]
“Tether is Why Bitcoin’s Price Rises” Fact or FUD?
“Tether is Why Bitcoin’s Price Rises” Fact or FUD? FUD This is completely idiotic, but we’ll still go over the details. We’ll just assume they’re right about Tether being a complete fraud. Even though it’s not that simple. Simply showing Tether issuance going up while the Bitcoin price also rises is ridiculous and […]
“Bitcoin Can Be Replaced” – Fact or Fud
“Bitcoin Can Be Replaced” – Fact or Fud FUD Why Does Bitcoin Not Have Competition? Some people use this as a toxic maximalist litmus test, but at this point, the burden of proof stands on the people that say Bitcoin has competition. Bitcoin is apolitical sound money that is truly scarce, it isn’t a […]
“Bitcoin is For Criminals” – Fact or Fud
“Bitcoin is For Criminals” – Fact or Fud FUD Why? It’s extremely easy to disprove this with facts about how the Bitcoin protocol itself works, along with data we have on how much of Bitcoin’s usage is on criminal activity. Let’s get the straight up numbers out of the way first. Right now, […]
“Governments Will Shut Bitcoin Down” – Fact or Fud
“Governments Will Shut Bitcoin Down” – Fact or Fud FUD Can Governments Destroy Bitcoin? At this point, it’s clear that it’s not as simple as people think. Countries like China that care most about controlling their population will try to ban it, but the thing is that not every country has the same incentives. […]
“Bitcoin is Super Slow” – Fact or Fud
“Bitcoin is Super Slow” – Fact or Fud FUD What are we comparing it to? People love comparing layer 1 of Bitcoin transaction throughput to Visa, even though it makes no sense at all. Visa is obviously not layer 1 of the current financial system, it’s at least layer 3 if not 4 or […]
“China Controls Bitcoin” – Fact or Fud
“China Controls Bitcoin” – Fact or Fud FUD China ban There is almost no point in even mentioning this anymore since China went from 70%+ of Bitcoin’s hashrate all the way down to 0%. Bitcoin Mining Hashrate Per Country Other FUD Checks Back To Top Linkedin Instagram Youtube