When a mainstream news source or publication like CNBC or even a site like Yahoo Finance posts an article about Bitcoin and/or Cryptocurrency it's amazing the negative response you see in the comments. Not just that there's a few negative comments but that it dominates the comments and garners tons of upvotes. It actually seems as if many people are cheering for the downfall of cryptocurrency.
While some of the comments are stupid one liners like "tulips", "beanie babies", and "I have a bridge to sell you". Others show how uneducated the mainstream populace is about cryptocurrency. Many people seem shocked to find out that yes you really can cash Bitcoin or crypto out and turn it into real fiat Dollars. They seem to think the whole thing is a scam and nobody has ever cashed out. There's all types of other mis-information and criticism being spouted like Bitcoins can be counterfeitted, or that the government is going to ban them, even though the most recent Senate Banking Committee meeting with the SEC and CFTC was actually fairly positive and bullish in regards to cryptocurrency.
I think early adopters of Bitcoin or really anyone involved with any movement or organication or team should try to be an Ambassador for their interest. To educate people on it, help people who are interested get started, etc. I think where a lot of us attend Bitcoin Meetups and/or talk with likeminded people on Crypto subreddits, the real people we should be talking to and debating with are the more mainstream people and investors who don't know about crypto or have questions, or even who are skeptical about it.
In this video I picked 20 random comments from Yahoo Finance Bitcoin and Crypto articels and we kind of address and debate these topics in this video.
Feel free to drop a comment. What are some other criticisms you hear about Crypto. Are there any additional points you would like to make. Drop a comment below and let me know...