There’s no such thing as a free lunch & Bitcoin is no exception. See all our articles related to free lunch thinking and Bitcoin.
As with all the most difficult FUD, the cry of Bitcoin being ‘Not fair’ bundles together a dangerous cocktail of misconceptions and irrationality that can be broadly grouped and unpicked under three headings: Inequality, Elitist & Too Expensive
The Klondike is forever associated with the mania of the stampeders, but scratch beneath the surface and you discover a completely different dimension to the Klondike story, just as those who take time to understand Bitcoin’s origins, similarly discover a much richer narrative to that of a speculative magic internet-money.
I think that many people – JK Rowling included – feel like they are listening to an alien language when someone tries to explain Bitcoin to them. Unfortunately modern technology hasn’t invented a Babel Fish and Crypto speak isn’t in the dropdown for Google Translate, so how does Bitcoin reach mass adoption?
