DTube - Debunking Bitcoin FUD! - Here Are The Most Ridiculous Claims By The Media

in bitcoin •  7 years ago 


One of our most recent video reports!
See the original article below:

Josh Sigurdson talks with author and economic analyst John Sneisen about the absurdity of the claims constantly made against Bitcoin.
Starting it off is the claim that Bitcoin is great for money laundering which couldn't be further from the truth. Considering it's totally traceable and fiat cash isn't necessarily traceable, Bitcoin is actually bad for laundering money, not that people should be deterred from protecting their money from being stolen. In fact we have recently reported that only 0.04% of people reported their Bitcoin to the IRS according to Credit Karma. The difference is, it can be traced, the laws are just unenforceable.
Then there's the claim that it is fueling the opioid crisis which is utter nonsense. If people wish to buy fentanyl, that isn't Bitcoin's fault just as it's not fiat's fault when fiat is used. Of course fiat is far more commonly used as dealers wouldn't be very smart to use something traceable to sell something incredibly dangerous with so many adverse effects.
Then there's the claim that Bitcoin is used to fund you know who. We cannot name them here on YouTube or we will not get ad revenue at all. But you know who we mean. The funny thing is, 99.9% of money used to fund you know who is in fiat. Should we ban fiat? Well you won't get as many arguments over that.
Let's not forget that government is the biggest sponsor of you know who.

In the end, the media can spread FUD all day about cryptocurrencies and it may temporarily work, but people will always disregard it long term as we are witnessing a monetary revolution before our eyes without a single casualty. It's a beautiful thing.

Stay tuned as we continue to cover this issue!


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Media people still don`t get it..

People are scared by what they don't understand. Just like people linking video games to crimes. It's proven there's no connection yet they continue with the argument because it's something they don't understand.

All you know is all you know. But all you know is not all there is to know.

If the so called antagonists of the crypto world are wise. They would know that this Blockchain is the best thing that happened to them.
Let's allow development take us to the next level.

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More FEAR PORN from the central BANKSTERS❗️They realize now that their all in big trouble . And all they have left is to put fear in to the citizens . But to their great underestimation of the situation the citizens have become immune to their tactics and terrorist ways . Now its just a matter of time before the hunters are hunted down themselves , and exterminated like rats . For a new dawn has come to our world in were the destruction of The New World Order and their terrorist has arrived . Forever we will remember , and pass down to generations of the ill will , deceit, and terror brought on by these LUCIFERIAN monsters . Indeed we will never forget 9/11 as the day the banksters murdered our citizens in broad daylight , right in front of us . Next will come their LIQUIDATION and arrest for their crimes . Great show gentlemen 👏👍✌️♥️👊🏻