Bitcoin is a scam right? a scam that has taken over the financial system and changed lives.
They say Bitcoin and Crypto is a scam right, but if it is a scam like we always hear, why are the government and the powers that be, so scared of it? Do you stop and ask yourself that question. A scam has successfully taken over the global financial and payment systems within 13 years of existence, that is crazy impressive in my opinion and how long it has lasted so far is another thing to think about, which scam have you heard of that has lasted 13years and still in play which the adoption rate is massive and keeps climbing every day despite the current market condition, even salary earners and professionals basketball, football player and industry professionals e.t.c wants half of their payments or full as the case may be to be in the so-called scam, based off a survey done recently 70% of people want the salaries in crypto and according to IRA Survey 80% of the people are interested in buying Bitcoin and other digital assets for their retirement savings, so you can see how much successful the so-called scam is that people are willing in to buy it as a retirement asset, is that not amazing for a scam.
Some Risks Are Worth Taking
Despite the prolonged bear market and all the pressure the first country to adopt as legal tender is under the president Nayib Bukele still tweeted yesterday talking about how if you invested in Bitcoin your money is safe and Peter Schiff as usual came to counter saying it's bad advice and got bashed by other Twitter user understand the tweet.
Both tweets below:
I see that some people are worried or anxious about the #Bitcoin market price.
My advice: stop looking at the graph and enjoy life. If you invested in #BTC your investment is safe and its value will immensely grow after the bear market.
Patience is the key.
Peter Schiff:
That advice is as bad as your advice to buy the top. How can you say an investment in #Bitcoin is "safe' when it has already lost 75% of its market value? You have no idea how low the price will fall during this bear market, or that the price will ever recover to current levels.
Peter Schiff should just buy some Bitcoin and rest because clearly, he is so devoted and interested in Bitcoin even if it is the wrong way though, also El Salvador president, president Nayib Bukele has been under a lot of criticism and pressure for investing in the countries funds into Bitcoin due to its volatile nature and all that stuff. But the president understands how Bitcoin works and knows it is an investment that would not fail because Bitcoin can't and would not drop to zero, which is why he stated that your Bitcoin investment is safe. He believes in Bitcoin's potential and he is ready to HODL, playing the long-term game of being patient, which is all Bitcoin requires for maximum profit.
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Very good discussion, after several years we should trust on crypto-currency as its contributing changing lives in a positive way.
Yes, but once the bear market comes most people forget about the good part and the profits they have made before.
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Very natural because we human are unthankful animal most of the time in our life!
🤣🤣🤣🤣 I can't agree less
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https://twitter.com/VictorOnwugbenu/status/1538716325035532288
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