vlada on Nostr: Some of the most common pieces of FUD I see regurgitated over and over again are, in ...
Some of the most common pieces of FUD I see regurgitated over and over again are, in no particular order:
- The "imminent" quantum attack
- Inflation is necessary for muh economy
- BTC is for criminals (unlike banks, I guess?)
- Bitcoin boiling the oceans
- Bitcoin being "controlled" by whales
- Being too late to bitcoin
- Bitcoin is risky
- Self-custody is dangerous and hard, so keep all your stack on the exchange
- The imminent danger of a 51% attack due to miner (actually pool) centralization
That's just off the top of my head. I see a very, very strong Dunning Kruger effect in the tradfi community, especially.
- The "imminent" quantum attack
- Inflation is necessary for muh economy
- BTC is for criminals (unlike banks, I guess?)
- Bitcoin boiling the oceans
- Bitcoin being "controlled" by whales
- Being too late to bitcoin
- Bitcoin is risky
- Self-custody is dangerous and hard, so keep all your stack on the exchange
- The imminent danger of a 51% attack due to miner (actually pool) centralization
That's just off the top of my head. I see a very, very strong Dunning Kruger effect in the tradfi community, especially.