Mainstream Media Attacks on Bitcoin: What's the Deal?

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john100Member
Posts: 4 · Reputation: 115
#1Nov 15, 2018, 03:30 PM
So Ben McKenzie has been going around saying BTC is just a scam and the only uses are crime and gambling. He even calls it a cult. Not sure why we're rehashing these tired arguments because we all see it differently here.
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SwiftForkMember
Posts: 108 · Reputation: 145
#2Nov 15, 2018, 04:39 PM
Yeah, calling bitcoin a scam is wild. If it's a scam, why are companies like Blackrock getting involved? Makes zero sense.
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cobra21Full Member
Posts: 14 · Reputation: 528
#3Nov 15, 2018, 08:01 PM
Exactly, people won't just stop and listen to someone like him. Just because he says it’s a scam doesn’t change the fact that it’s being adopted by big players.
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5tacks4tsHero Member
Posts: 69 · Reputation: 2261
#4Nov 15, 2018, 11:06 PM
This dude has no clue. Bitcoin keeps growing despite what people say. Other critics have come and gone, and Bitcoin is still here.
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#5Nov 16, 2018, 04:42 AM
And let's not forget some countries are using it to dodge economic pressures. It's crazy how he misses that.
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chain365Legendary
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#6Nov 16, 2018, 09:27 AM
The whole cult thing is laughable. Bitcoin’s value does rely on faith, but there are real applications. It’s not just a niche thing.
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#7Nov 16, 2018, 03:21 PM
Ben's not the first to spout nonsense, and he won't be the last. Bitcoin thrives despite the haters.
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wagmiNewbie
Posts: 107 · Reputation: 14
#8Nov 17, 2018, 01:31 AM
Totally, FUD is everywhere but awareness of Bitcoin is rising. Just look at how Trump used it during his campaign.
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nick_sageSenior Member
Posts: 21 · Reputation: 940
#9Nov 17, 2018, 05:07 AM
Lol, right? He’s acting like Bitcoin only has bad uses. But we see big corporations investing. Seems a bit contradictory.
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0xLaserFull Member
Posts: 126 · Reputation: 641
#10Nov 17, 2018, 10:44 AM
People will always talk without really understanding. Bitcoin’s value is too big to ignore, no matter what some celebrity says.
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ryan365Newbie
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#11Nov 17, 2018, 02:22 PM
Honestly, who cares what he thinks? Fiat is used for crime too, why no hate for that?
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WildNovaSenior Member
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#12Nov 17, 2018, 08:26 PM
True, and I think a lot of this FUD is just noise. It won't shake Bitcoin's foundation.
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CyberTokenSenior Member
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#13Nov 18, 2018, 01:06 AM
If anything, it shows how desperate some folks are to knock Bitcoin down. It won’t work.
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0xBullNewbie
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#14Nov 18, 2018, 01:15 AM
I think he might just be bitter about something. He probably lost money somewhere and now blames Bitcoin.
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#15Nov 18, 2018, 01:54 AM
Interesting point. Could be true. But still, he’s pushing a narrative that’s been there forever.
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WildWolfMember
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#16Nov 18, 2018, 04:56 AM
Some say the dollar is the real cult. Those are just conspiracy theories though.
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MadNovaHero Member
Posts: 122 · Reputation: 3536
#17Nov 18, 2018, 08:28 AM
From what I see, Bitcoin's community is strong against misinformation. Ben’s just part of the noise.
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0xRocketMember
Posts: 142 · Reputation: 188
#18Nov 18, 2018, 12:49 PM
Been watching this for years. Every time it hits a new high, someone comes out claiming it's a scam. It’s kind of funny.
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#19Nov 18, 2018, 06:24 PM
Right? It’s like clockwork. They just can’t accept it’s here to stay.
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madhawkNewbie
Posts: 41 · Reputation: 21
#20Nov 18, 2018, 09:48 PM
What’s wild is calling it a gambling tool while ignoring how many people are using it for real business.
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