From “backed by nothing” to “China mining control,” a complete look at the best response to every category of bitcoin FUD out there.
This episode is sponsored by Nexo.io.
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On today’s episode of The Breakdown, NLW is joined by Dan Held, growth lead at Kraken and a serial bitcoin entrepreneur.
As the market heats up, so, too, does the number of articles and tweets spreading FUD (fear, uncertainty and doubt). Some of the FUD is new, much of it is old and all of it deserves a response.
Dan and NLW break down 15 categories of bitcoin FUD, including:
- Bitcoin is for criminals
- Bitcoin is backed by nothing/has no intrinsic value
- Tether manipulation
- Energy consumption
- Government bans
- And more!
Which are the most legitimate? Which are easily dismissed? Tune in to find out.
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See also: Kraken’s Dan Held on What’s Different About Bitcoin at $10K This Time
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