Today we discuss 7 misleading bogus criticisms of Bitcoin that the state disseminates to bolster its fiat propaganda: 1. Bitcoin has no intrinsic value: This critique argues that Bitcoin is purely digital and backed by nothing, and therefore has no intrinsic value. The rebuttal to this is that Bitcoin’s value is derived from its scarcity, security, and decentralization, which are all valuable properties. 2. The government will shut Bitcoin down: This critique argues that governments will eventually ban Bitcoin, making it worthless. The rebuttal to this is that Bitcoin is decentralized and operates on a global scale, making it difficult for any government to shut it down completely. 3. Bitcoin is too volatile: This critique argues that Bitcoin’s price is too unstable to be a reliable st
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