Podcasts: Why Bitcoin is Intelligent w/ Aleks Svetski đ 3 years ago
![Bitcoin Magazine Podcast](https://bitpodz.com/img/feed/feed_59.png)
- Category: Podcasts | Bitcoin Magazine Podcast
- Author(s): BTC Media
- Published: 3rd August 2021 19:57
Aleks Svetski discussed his âIntelligent Guide To Bitcoinâ 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 networkâs 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 âDummies Guide To Crypto,â Aleks Svetski â CEO of Bitcoin DCA app Amber and Bitcoin Magazine contributor â felt that he needed to respond.Â
Svetski agrees with the author of the âDummies Guideâ that âcryptoâ is trash and that there is very little substance to the general âcryptoâ 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. Aleksâ response to the âDummies Guideâ is âThe Intelligent Guide To Bitcoin.â In the article, Svetski covered what Bitcoin is, whether people should invest in it, the mining and energy factors and its downsides.
âBitcoin Magazine Podcastâ 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.