Click to download audio version Aleks Svetski discussed his “Intelligent Guide
To Bitcoin” and the misunderstandings about BTC that are often perpetuated. Many
in the traditional financial space, government and academia have long dismissed
Bitcoin as a silly toy for criminals and predicted that its price will go
to zero. These predictions remain commonplace in the mainstream media to this
day, despite the network’s astounding growth and the currency blasting past
$30,000 prices and making inroads across the global economy. Upon reading a
recent example of these crypto dismissal articles from an Australian professor,
titled the “Dummies Guide To Crypto,” Aleks Svetski — CEO of Bitcoin DCA app
Amber and Bitcoin Magazine contributor — felt that he needed to respond. Svetski
agrees with the author of the “Dummies Guide” that “crypto” is trash and that
there is very little substance to the general “crypto” market. Aleks does
however disagree that these assumptions are also true for Bitcoin. The
reality is that Bitcoin is a very well thought out solution to a very
important problem that has been plaguing humanity. Aleks’ response to the
“Dummies Guide” is “The Intelligent Guide To Bitcoin.” In the article, Svetski
covered what Bitcoin is, whether people should invest in it, the mining and
energy factors and its downsides. “Bitcoin Magazine Podcast” host Christian
Keroles sat down with Svetski to discuss the key points in the article and
debate how to best articulate them to people that think Bitcoin is just a silly
toy.
To Bitcoin” and the misunderstandings about BTC that are often perpetuated. Many
in the traditional financial space, government and academia have long dismissed
Bitcoin as a silly toy for criminals and predicted that its price will go
to zero. These predictions remain commonplace in the mainstream media to this
day, despite the network’s astounding growth and the currency blasting past
$30,000 prices and making inroads across the global economy. Upon reading a
recent example of these crypto dismissal articles from an Australian professor,
titled the “Dummies Guide To Crypto,” Aleks Svetski — CEO of Bitcoin DCA app
Amber and Bitcoin Magazine contributor — felt that he needed to respond. Svetski
agrees with the author of the “Dummies Guide” that “crypto” is trash and that
there is very little substance to the general “crypto” market. Aleks does
however disagree that these assumptions are also true for Bitcoin. The
reality is that Bitcoin is a very well thought out solution to a very
important problem that has been plaguing humanity. Aleks’ response to the
“Dummies Guide” is “The Intelligent Guide To Bitcoin.” In the article, Svetski
covered what Bitcoin is, whether people should invest in it, the mining and
energy factors and its downsides. “Bitcoin Magazine Podcast” host Christian
Keroles sat down with Svetski to discuss the key points in the article and
debate how to best articulate them to people that think Bitcoin is just a silly
toy.
