Home Bitcoin News The Media Hates Bitcoin (BTC) Because…

The Media Hates Bitcoin (BTC) Because…

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Every brain getting introduced to BTC has a thought worth noting, whether from a positive or negative stand point.

Bitcoin is a seed. What grows from that seed depends on the minds in which it is planted. Media *had* control on seed selection, crop rotation and fertilizer distribution. Now, the tectonic plates are shifting and the farmers are moving to the open-source plains.

The media hates Bitcoin because they first hear about it in 2012 and didn’t buy any.  I mainly hate bitcoin because I’m technologically bereft. I love it because its magic internet money and I’m a silly little wand waving wizard.

The media hates Bitcoin because they think they are ethically obligated to have fun staying poor.  They also misrepresent Bitcoin’s price action again and again and again.

The media is scripted and they are told what to say. The CIA admits to infiltrating the media back in the 70’s. The whole world is a stage. XRP is the standard and Stellar Lumen XLM is Satan’s coin. Don’t be a Maxi be a realist. ROI isn’t BTC.

What they don’t understand is that if Bitcoin is going to be a store of value or an on ramp of money with a limited supply, then we have not scratch the surface of the surface. Their problem is that they are Comparing Bitcoin to the beginning and not to the potential.

Dan Held was like:  Broke: Bitcoin is volatile Woke: Bitcoin has a stable monetary policy of 21M.

Nicolas Carter:  People need to read some of the older literature on ideal monetary rules. It’s not the exact parameters of the rule that matters, it’s the credibility of the commitment to the rule.

Dan Held:  Objections to Bitcoin 2010: Won’t work 2015: Too risky 2021: Bad for the environment 2025: Not fair.

Greedy ones:  Man please don’t do this all the way up. If we really believe it’s going $100k and then much higher, I just don’t get celebrating such small milestones. Doing this comes across as being surprised.

Congratulations to all the Fearless around the planet today is your day don’t forget it.

Conservative Guys:  Bitcoin is math. And, math has been around for thousands of years. Two plus two is going to equal four and it will for the next 2,000 years. I like the idea of investing in something that’s reliable, consistent, honest, and a hundred percent certain.

You can’t just make hard money by continually tweaking the rules to make it very scarce. You have to find a way to make the issuance incorruptible and unchanging and beyond the whims of the creators or powerful actors like governments.

You’re never late because everyone needs to sell at some point. Just buy the dip and hold until you’re happy with your returns. Simple.

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James

James T, a passionate crypto journalist from South Africa, explores Litecoin, Dash, & Bitcoin intricacies. Loves sharing insights. Enjoy his work? Donate to support! Dash: XrD3ZdZAebm988BfHr1vqZZu6amSGuKR5F

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