this post was submitted on 28 Jan 2026
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[–] HumanOnEarth@lemmy.ca 1 points 1 week ago

See this is the problem, people's knowledge of Bitcoin is still so meagre that comments like this while well-intentioned, come off as ignorant to those who actually took time (and many years) to understand it.

Tieing it together, what you're framing as a criticism is exactly the point. Bitcoin is a direct threat to the economic forces that allow corporations to use policy to unfairly enrich themselves at our expense. And no one has been able to touch it, let alone kill it. You hear about Bitcoin ETFs, banks buying for high net worth clients and sovereign strategic Bitcoin reserves....and people still think "scam"? No, that's capitulation. You can't beat them so join them.

If someone reading this has honest to god not taken the time to learn about Bitcoin but has been a loud critic over the years, give your head a shake. At least learn about it so you have a rational argument against it.

I've posted this many times before, and I'm sure I will again, but still, to this day, no one has been able to offer me an actual argument against Bitcoin that holds up. It's always based on false assumptions ("It uses too much electricity" = True, but no one can enforce a ban without hurting themselves economically, therefore the electricity problem is inevitable....."It has no fundamental/material value" = I have no idea how Bitcoin actually works, so I can't envision how an immutable blockchain with a hard supply limit and massive network effect can possibly have any value)

I said I wouldn't argue but I can't help screaming into the void. I did it with climate change 20 years ago, did it with MAGA 10 years ago, and I'm doing it with Bitcoin now. I talk about Bitcoin not because I want other people to drive up the value of my holdings, but because it's actually an amazing and elegant solution that was given to humanity as a gift, and I wish more people would see that.