Another one of Sachs»
arguments against Bitcoin as an alternative to fiat currency is that you can't pay taxes with it.
We have all the usual
arguments against Bitcoin.
Buffett has also wielded the bubble
argument against Bitcoin, as well as stating that BTC can not be valued because «it's not a value - producing asset.»
The argument against bitcoin being a store of value is based on its volatility, as «you want to invest your money and be reasonably sure that its value will not fluctuate massively.»
Going on to call bitcoin «an excellent transfer device» that sits outside of the traditional banking system, Casey said that his original
argument against bitcoin's use value was invalid.
Not exact matches
«Just like
Bitcoin is a puerile rebellion
against monetary orthodoxy, so too is carnivory a puerile rebellion
against nutritional orthodoxy,» Wilcox says, summarizing the author's
argument.
BM: The best
argument I have heard
against people complaining about the
Bitcoin Foundation is that there is nobody forcing the community to support them.
There are
arguments being made
against Bitcoin now, about why it may not be the digital currency to last.
There are many
arguments against the special case of 0.01 BTC since it is unlikely to represent anything meaningful as the
Bitcoin economy grows (it certainly won't be the equivalent of 0.01 USD, GBP or EUR).
Here are some of the
arguments for and
against in this latest debate over the
Bitcoin protocol.
One of the most frequent
arguments heard
against bitcoin is that its «untraceable» nature attracts
«The need for a
bitcoin ETF,» I once wrote, and it is just as true of a
bitcoin future, «is an
argument against buying it.»
On the basis of my previous
arguments against the price rising, I believe the headwinds that were holding back
bitcoin will take the price up to the $ 1,000 mark, this year.