Why do normies still think Bitcoin and crypto is a scam...

Why do normies still think Bitcoin and crypto is a scam? Can you explain their mental model of jumping into conclusion without knowing the fact?

Attached: 20200725_230546.jpg (1302x1302, 619.09K)

man

that's a man isn't it?

Yes.

>Bro I freaking bought into bitcoin and it went down instead of up like they said it would
>They said I was gonna be a millionaire but it never happened, shits a total scam

Attached: 1594090733235.jpg (342x386, 55.63K)

Normies just say whatever the MSM tells them to, MSM drilled into their heads it was a scam in 2017-2018 after the crash but don’t worry they will FOMO in the second it starts making headlines again and is all over the news.

>Why do normies still think Bitcoin and crypto is a scam?
Because they are stupid. That's it

they don't know what it is and don't have a mental model. all they care about is watching their shows and consuming product. you are giving the average person way too much credit. most people do not have ideas, and most people do not have politics. most of the people you encounter talking about these things are simply trying to read the room so they can say what's safe and gives them in group protection, not out of some kind of strategy but because of their genetic programming.

Everytime you watch TV, a jew takes a dump in your soul.

Pretty much this

fucking checked put me in the screencap

Attached: 1587425421140.jpg (1000x800, 60.96K)

Also this, the kikes don't want currencies that aren't fiat

Everyone who is passionate about crypto today was at one point a sceptic, some people don't get past that stage

I came here to write this

and this

Most people are brainwashing into thinking that only government fiat has value, so anything that challenges that thought is seen as shady.
And if you ask them what money is, they don't even know how to answer.

Attached: yande.re 465130 sample ass garter range_murata.jpg (1500x1059, 335.73K)

Holy based

Why isn't everyone who exists under the current Fiat system rich and successful?
People just do what they're told. If their gov tells them crypto is better and that's why it's being implemented, they'll defend that with a passion. Sheeple is the word.

Because normies are fucking retarded, that's why. Try explaining what a cash covered put is to someone who doesn't trade options and see how far you get. Hell, ask them the what the difference is between a stock, bond, and a share is. The average person could not give less of a shit about even figuring out how to invest in an ETF, let alone figure out what a cryptocurrency is.

ETFs are pretty crap though, so perhaps that's a good thing

Because by the time normies adopt, it’s already run out of the pump fuel and they usually are the one holding the smart money’s bags.

This, they will always come in last place and by then it will be too late.

Because they have zero understanding of economics. Try explaining economics to them and they think your some sort of conspiracy theorist.

>Of course this paper is valuable, it has nothing do with an unspoken agreement and everyone just pretending its worth something. This paper got intrinsic value!

Just try explaining how inflation works and how they only believe inflation is good for the economy because the people that profits on the inflation has brain washed them.

too good to be true, so they don't bother to look into it, maybe?

they have been drilled to scream scam every time someone promises them "unreasonable" gains.

Uh, have you even looked at this Catalog for this board? That's why.

because it IS a fucking scam until i can walk into a regular ass store and buy stuff with bitcoin like I could with other currency.
everyones investing in a pipedream

Can you walk into a store and buy things with gold? Is gold a scam?

So are you telling me crypto is a commodity?

Because it is a scam. But one that is going to make us fucking rich.
(Money, taxes, property and laws are also scams btw, as are women's rights. ESPECIALLY women's rights.)

Attached: 1595634922777.jpg (2048x1152, 432.98K)

You. I like you.

No, I am saying that this argument that crypto is a scam is retarded. Just because crypto is not accepted as a mainstream payment method does not mean it is a scam or doesn't have value.

I'm not going to tell normalfags that I'm crypto-rich - they have no clue what crypto is. I'm going to tell them I am a rich landlord with hundreds of properties so they get PROPERLY butthurt

go back to reddlt, faggot. at least you can farm your upvotes with your cliche phrases there. fucking cuck lmao.

see my problem with this is "selling the top" and then BTC, ETH and everything else IS adopted. This isn't 2017 anymore, for more reasons than most here seem to ascertain.

I own crypto but still think its a giant ponzi pyramid scheme. Not a single person has ever been able to adequately answer the question of what intrinsic value crypto actually has. Its not even untraceable lol, its slower and worse than fiat in every way, and way too volatile to actually be a reasonable currency alternative. Its fun from a speculative point of view, but the fact that its only worth what someone else is willing to pay for it at that moment makes it a horrible store of value.

If you look at every other commodity on the planet, there's a bottom point. Like, gold will never be worthless, grain or rice will never be worthless, oil will never be worthless. The bottom for every crypto currency is literally 0. Something with no actual value that requires new money constantly being pumped in to make it worth something is the definition of a ponzi. And crypto doesn't even have the benefit of debt to keep it afloat like our current fiat system

Because the space is filled with many scams and normies are superficial and they get conclusions too fast.
They are not deep, they live without asking too much
By the way the fact that is associated with daknet doesn't help

>that's a man isn't it?
Just coom you faggot instead of being this retard
I released 5 minutes ago.

based take

Name?