CHAPTER 6

A Look at Common Counterarguments

In my several conversations and writings about Bitcoin, I come across many of the same arguments and concerns. This chapter aims at addressing counterarguments against investing in Bitcoin that the reader may have or never knew existed. Though many are warranted and require technical understanding of concepts such as forking and even quantum computing, others stem from a lack of due diligence. I hope this chapter addresses any final concerns before an investor decides to place at least a small percentage of his or her capital into the asset. I also hope to take a fair view and acknowledge that not all counterarguments can be immediately discounted, though most are overstated. As long as existential ...

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