[xiekomb]

So many things wrong with this article. Taking a bet against bitcoin it totally legit but please don’t over simplify things or make false claims.

“No real world use” for bitcoin and other crypto currencies: ok so the goods I bought for years with bitcoin do not exist? And the trading market you are playing on are not a real world use case?

“ These practices have run rampant on every financial market in human history that hasn’t regulated against them fiercely. Why should Bitcoin be any different?”. That’s the ultimate authoritative argument. “Everybody knows”, “obviously”, etc. Please back up with facts and don’t make general claims like that.

USDT: totally agree. But then don’t trade with usdt. Bitcoin not easily convertible to cash ? Maybe you should pickup a more serious trading desk. On boarding is much more restrictive than mainstream platforms like binance but nothing is more untrue that bitcoin is not liquid. You can settle trades in USD (not USDT) instantly with a serious regulated broker.

Limitations of bitcoin: mining, fees, other. Agree, but nothing of these problems makes bitcoin an insider scam. Is there is a problem there is a solution. Who says that these shortcomings can’t be solved ?