I'm sure this has been posted before, but I think it's a good topic.
I just spoke to an anti-Bitcoin account on twitter that has over 14,000 followers by responding to him calling Bitcoin buyers "suckers," asking what makes you a sucker for transitioning some of your earned value from government-controlled fiat currency to the hardest asset we've ever seen.
He told me that Bitcoin is not a hard asset because "its cap can be increased by the dev team" and is not even an asset because "it has no utility and doesn't generate any cash flows."
Lmao
I think next would have to be the "no intrinsic value" argument. I was hit with this one by a streamer one time that was having a discussion about it. I asked what the intrinsic value of his digital or paper money was. "The value of scrap paper?" I asked, and then he said "well at least that's something."
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