How Bitcoin FUD Goes Away (Forever)
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In this video, I discuss how Bitcoin FUD (fear, uncertainty, doubt) will eventually go away forever, as people flee to Bitcoin to escape hyper-inflating fiat currencies and central bank digital currencies (CBDCs).
A lot of Bitcoin FUD will also disappear as previous large critics of Bitcoin (like BlackRock) begin to buy Bitcoin and issue Bitcoin-related financial products. In the long run, greed always trumps FUD.
Just like with the internet, most people will begin to use Bitcoin in their daily lives and not worry about understanding its inner plumbing.
Bitcoin is a life raft-- and no one who is drowning or freezing to death in the fiat water will have time to engage in Bitcoin FUD. They will climb onto the Bitcoin life raft and never look back.
That's how the world moves to a Bitcoin standard.
Not investment advice! Consult a financial advisor.
FUD:
https://www.urbandictionary.com/define.php?term=FUD
Eternal September:
https://www.urbandictionary.com/define.php?term=Eternal%20September
Bitcoin energy FUD funded by crypto scammers:
https://www.bloomberg.com/news/articles/2022-03-29/greenpeace-crypto-billionaire-lobby-to-change-bitcoin-s-code
BlackRock backing away from ESG:
https://www.barrons.com/articles/blackrock-backs-fewer-esg-proposals-4a6c27f6
https://www.reuters.com/business/environment/blackrocks-fink-says-hes-stopped-using-weaponised-term-esg-2023-06-26/
Demand for USDT (Tether) in Argentina:
https://beincrypto.com/tether-expands-argentina-soaring-inflation/
In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether:
https://www.cnbc.com/2022/11/05/-in-bankrupt-lebanon-locals-mine-bitcoin-and-buy-groceries-with-tether.html
Pacific Bitcoin conference schedule:
https://www.pacificbitcoin.com/pages/schedule
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#crypto
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
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