Bitcoin's Worth: Political Propaganda or Reality?

21 replies 403 views
chris2020Newbie
Posts: 35 · Reputation: 32
#1Dec 20, 2020, 06:41 PM
Honestly, I wouldn't be surprised if this article came from some Democrat with dyed hair and piercings lol. And we all know if Biden was pro-Bitcoin, the author would be singing a different tune.
4 Reply Quote Share
davekingFull Member
Posts: 27 · Reputation: 757
#2Dec 20, 2020, 10:48 PM
Totally feels like a propaganda piece. Whenever Trump supports something, the other side has to tear it down. Right now, Bitcoin's the target because the market’s in a slump.
0 Reply Quote Share
greg365Member
Posts: 49 · Reputation: 183
#3Dec 21, 2020, 01:48 AM
Back in 2024, I was skeptical about crypto getting dragged into US politics. And this article is just another example of that.
3 Reply Quote Share
0xRocketMember
Posts: 108 · Reputation: 188
#4Dec 21, 2020, 04:26 AM
What a silly take by someone who clearly doesn’t grasp freedom. Big tech doesn’t use Bitcoin to keep control; it's all about decentralization!
2 Reply Quote Share
maxi100Newbie
Posts: 38 · Reputation: 26
#5Dec 21, 2020, 04:49 AM
It's not just about Bitcoin being criticized; the article seems to be missing the point. If Bitcoin was truly useless, it wouldn't have gained so much value and traction.
3 Reply Quote Share
serHero Member
Posts: 181 · Reputation: 2321
#6Dec 21, 2020, 10:31 AM
The author clearly lumps all crypto together without understanding the nuances. Every time BTC dips, these so-called journalists pop up to declare Bitcoin 'dead'.
3 Reply Quote Share
mr_apeNewbie
Posts: 139 · Reputation: 35
#7Dec 21, 2020, 03:37 PM
I honestly find this FUD boring. Same old story whenever the market dips. Been here since 2014 and it’s always the same.
2 Reply Quote Share
greg365Member
Posts: 49 · Reputation: 183
#8Dec 21, 2020, 06:02 PM
Nah man, it isn’t the author who brought politics to Bitcoin. The crypto industry jumped in first by backing Trump in the 2024 elections.
0 Reply Quote Share
0xBullNewbie
Posts: 38 · Reputation: 11
#9Dec 21, 2020, 06:39 PM
So you’re saying Trump used Bitcoin to win votes, and now the opposition is using it against him? Sounds like a classic political cycle to me.
2 Reply Quote Share
mr_gangSenior Member
Posts: 26 · Reputation: 821
#10Dec 22, 2020, 12:18 AM
What’s the economic angle they want from Bitcoin anyway? It’s like comparing it to gold. The money lost in Bitcoin is a drop in the ocean compared to gold.
0 Reply Quote Share
0xN1njaSenior Member
Posts: 12 · Reputation: 1803
#11Dec 24, 2020, 12:08 AM
With all this dip drama, it seems like they’re just using Bitcoin for political gain. Classic move by them.
2 Reply Quote Share
b3n.kingNewbie
Posts: 9 · Reputation: 1
#12Dec 24, 2020, 02:29 AM
From the first paragraph, it’s clear they didn’t do their homework on Bitcoin. What took them so long to figure this out?
1 Reply Quote Share
Posts: 22 · Reputation: 36
#13Dec 24, 2020, 07:13 AM
You gotta love how these articles come out during bear markets. If only they realized Bitcoin has dipped before and bounced back.
2 Reply Quote Share
greg365Member
Posts: 49 · Reputation: 183
#14Dec 24, 2020, 12:26 PM
Crypto is the focus, not just Bitcoin. Timing is interesting though; why now when Bitcoin’s struggling?
5 Reply Quote Share
lynx2021Member
Posts: 11 · Reputation: 116
#15Dec 26, 2020, 06:28 PM
But the game’s changed; now buying Bitcoin has political implications. It wasn’t like this before. This could lead to more volatility.
4 Reply Quote Share
0xAlphaNewbie
Posts: 25 · Reputation: 16
#16Dec 26, 2020, 07:18 PM
There’s definitely a strategy behind this propaganda. It’s not just a solo effort; there’s a lot of hate aimed at Bitcoin.
6 Reply Quote Share
alexsatNewbie
Posts: 110 · Reputation: 15
#17Dec 26, 2020, 08:21 PM
I wonder why these negative posts only show up during Bitcoin's downturns. History shows Bitcoin always recovers.
0 Reply Quote Share
WildWolfMember
Posts: 58 · Reputation: 43
#18Dec 27, 2020, 12:14 AM
That article is laughable. Which asset has 30% of the US population investing in it, besides stocks and real estate? That’s a win!
0 Reply Quote Share
greg365Member
Posts: 49 · Reputation: 183
#19Dec 27, 2020, 02:06 AM
How’s that even logical? Just because the price drops doesn’t mean it’s a bad change for Bitcoin.
4 Reply Quote Share
Posts: 57 · Reputation: 90
#20Dec 27, 2020, 07:27 AM
Stats show that Bitcoin ownership is pretty low among the general public, especially women. It’s a niche market.
3 Reply Quote Share

Related topics