Is Bitcoin a Scam?

>the City regulator the FSA is concerned that crypto investment firms could be overstating potential payouts or understating the risks from investing in bitcoin and products related to the digital currency.

Wouldn't it be better to call it "are cyrpto investment firms a scam?" ?

Re: Is Bitcoin a Scam?

#5

Post by nikivi » Tue, Jan 19, 2021, 9:48 AM UTC

Not a scam, just bad tech. If you compare it to say https://nano.org

It's understandable though, it was first and drives on the network effects and its name ever since.

Re: Is Bitcoin a Scam?

#6

Post by FDSGSG » Tue, Jan 19, 2021, 9:50 AM UTC

nikivi wrote: post #5

Not a scam, just bad tech. If you compare it to say https://nano.org It's understandable though, it was first and drives on the network effects and its name ever since.

It's akin to IPv4 and IPv6. IPv4 is obviously the worse tech, but because of the scarcity and network effects the value of IPv4 addresses will keep climbing.

Re: Is Bitcoin a Scam?

#7

Post by HuwytNashi_015 » Tue, Jan 19, 2021, 9:53 AM UTC

Titles in this format - Is some usually unremarkable X actually radical Y? - have conditioned me to instantly answer "No", sometimes audibly.

I think it's the disingenuity masquerading as curiosity. You're not actually pondering that question, I should not expect an insightful dialectical exploration of the topic. You've made your mind up and you're exploiting my open mindedness to trojan your one-sided conclusion in there.

Is it time for X to Y? No.

Should X be Y? No.

Is X actually Y? No.

Re: Is Bitcoin a Scam?

#8

Post by hd4 » Tue, Jan 19, 2021, 9:53 AM UTC

>Is x a scam because I don't understand it/I'm priced out?

Uh, no. Though fiat currency is definitely a scam.

Re: Is Bitcoin a Scam?

#9

Post by dvh » Tue, Jan 19, 2021, 9:58 AM UTC

HuwytNashi_015 wrote: post #7

Titles in this format - Is some usually unremarkable X actually radical Y? - have conditioned me to instantly answer "No", sometimes audibly. I think it's the disingenuity masquerading as curiosity. You're not actually pondering that question, I should not expect an insightful dialectical exploration of the topic. You've made your mind up and you're exploiting my open mindedness to trojan your one-sided conclusion in…

https://en.wikipedia.org/wiki/Betteridge%27s_law_of_headline...

Re: Is Bitcoin a Scam?

#10

Post by djeiasbsbo » Tue, Jan 19, 2021, 10:03 AM UTC

HuwytNashi_015 wrote: post #7

Titles in this format - Is some usually unremarkable X actually radical Y? - have conditioned me to instantly answer "No", sometimes audibly. I think it's the disingenuity masquerading as curiosity. You're not actually pondering that question, I should not expect an insightful dialectical exploration of the topic. You've made your mind up and you're exploiting my open mindedness to trojan your one-sided conclusion in…

The same also goes for:

"Learn X in Y".

People not only learn at a different pace, they also learn in different ways that take shorter or longer. And in most cases, this is just an introduction anyway and in no way enough to really learn X.

But I think we're at a point where clickbait has been too normalized. Content creators have to do it to be competitive and get their content seen at all. And consumers have just accepted that.

The best example of anti-clickbait I've seen is concluding/explaining the title directly in the thumbnail of a video.