why is bitcoin dumb

Last Updated on November 2, 2023 by Paganoto

Why I think Bitcoin is stupid – Medium

Why I think Bitcoin is stupid – Medium

The only thing to me bitcoin seems good for because of its scarcity and its anonymity, people are buying it to sell at a higher price or the fact that it is …

Why Bitcoin is Stupid – Mr. Money Mustache

Why Bitcoin is Stupid – Mr. Money Mustache

It’s rising because people are buying it up, hoping someone else will buy it at an even higher price later.

Charlie Munger: Bitcoin is 'Stupid' and 'Evil' – The Street Crypto

Charlie Munger: Bitcoin is 'Stupid' and 'Evil' – The Street Crypto

I try and avoid things that are stupid, evil, and make me look bad in comparison to someone else,” Munger said. “Bitcoin does all three.”

Warren Buffett gives his most expansive explanation for why …

Warren Buffett gives his most expansive explanation for why …

Buffett himself commented that there’s “nobody” that’s short bitcoin, everyone is a long-term holder. For more sophisticated crypto investors, …

Why Bitcoin is bullshit, explained by an expert – Vox

Why Bitcoin is bullshit, explained by an expert – Vox

But the cryptocurrencies don’t work either, because they don’t actually work as currencies.

Investing in Cryptocurrency is Bad and Stupid

Investing in Cryptocurrency is Bad and Stupid

Merchants and stores do not widely accept it. · Its value is so volatile that prices fluctuate constantly. · Crypto transaction fees are also …

Inside The Reddit Forum That Wants To See Bitcoin Die – Forbes

Inside The Reddit Forum That Wants To See Bitcoin Die – Forbes

D avid Gerard has not a kind word to spare for any part of the $1.4 trillion cryptocurrency market. “It’s dumb nerd money that nerds use to …

Bitcoin is stupid 'cause it's very likely to go to zero,' says …

Bitcoin is stupid 'cause it's very likely to go to zero,' says …

Are people who invest in Bitcoin idiots, or is it actually smart?

Are people who invest in Bitcoin idiots, or is it actually smart?

I personally think that Bitcoin in general is stupid. It’s pretty much what I call millennial currency. Why? Because most of the people who “invest” in Bitcoin …

Bitcoin: When 'Smart' Money Becomes 'Dumb' Money

Bitcoin: When 'Smart' Money Becomes 'Dumb' Money

The reason this has occurred is because large investors relatively new to the Bitcoin and crypto market, didn’t know how to classify …