Friday, July 2, 2021

FUD in a 3rd World Country...I'm speechless!!

So I'm from a 3rd world country in LATAM and early this year I got into Bitcoin and all cryptocurrency related stuff...I'm a holder by nature as I like long term profits. I also got my family into Bitcoin and taught them how to buy/sell/hodl. Today my mom called me all nervous about Bitcoin and how I was going to lose money (our currency is peanuts, has no real aquisitive power), because a co-worker of her went to a seminar in one of the countries biggest and most expensive private University. That seminar was about Bitcoin and cryptocurrencies and was giving by a Venezuelan and an Argentinian, from what I got from my mom it was basically a FUD circlejerk on how evil is Bitcoin and how the US, China and major companies banned Bitcoin, AND HOW IT WILL GO DOWN TO ZERO SOON!!

I'm speechless since I didn't FUD could reach my country and in an event dedicated to it, I told my mom don't worry since it's my money. And they also talked about Popescu's death and how all those Bitcoin are forever lost. But Venezuelans and Argentineans are those who should be buying crypto right now because their socialism is bringing those countries to african levels of poverty. What do you guys think? I will keep holding no matter what...


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