This Woman Doesn't Understand Bitcoin & Digital Currency. Tell Me Why!

in bitcoin •  7 years ago  (edited)

This woman doesn't seem to understand the difference in bitcoin and blockchain, and permissioned ledgers. Of course the banks are going to try to hijack blockchain. I think everyone in the crypto space understands that. She has some ok arguments, but they are slightly off and based on her misunderstanding, and more on centralized ledgers.

She really needs to debate someone who can call her on her bs, but do it in a non argumentative way, just so she can hear the difference. She even states that she doesn't understand how it works, but that only a handful of smart people understand it, and cannot explain it. That is absolutely false. Even non-coders can listen to someone like Andreas Antonopoulos and he can break down some of the more intricate technical parts of bitcoin and mining.

I think this is a great video to discuss and break down. What are the best points to counter her arguments? Sound off below!

I know there may be some people who would just label her as FUD, but I think her assessment that nobody in the digital currency space wants to have these conversations is ridiculous. We see conversations everywhere in our space where we debate. That's part of the system by design.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

GOOD I JUST FOLLOWED YOU

Just follow the money. What does she sell? There is your answer.

She's a gold bug. Which is fine, many in the bitcoin space still support Gold. The problem is that she has some minor mixups on bitcoin. She also keeps relating bitcoin to the SDR, big banks getting into blockchain, etc. She blurs the lines, and doesn't differentiate between the two. She also seems to think that bitcoin is bad because of some of the tricky things the banks and IMF are going to use to try to crash bitcoin. But she doesn't seem to understand that is the things they are going to do, but that is not bitcoin.