If media can't understand something it simply says this thing is a **it and beware of it. The same is happening in India now. Get ready for some great Circus Indian media performs and creates panic among the citizens.
Q1. Does media understand Block chain technology?
Q2: Do they know the speed with which Crypto currencies can be transferred from one end of the world to another?
Q3: Do they know that Bitcoin is a peer to peer decentralized currency which is nothing but an online ledger, a complex algorithm?
Q4: Then what is bitcoin?
Media: It is just an investment coin more like an idle stock whose price rises simply like a ponzi scheme.
Q4: Do you know any practical applications of bitcoin?
A: No, Itz a stock, how come it has any application. Sorry, does it have one??
Q5: Do you know Steemit, Power ledger?
A: Steam? Is that gas which forms when water is boiled? How come it is related to bitcoin. See, we told that Bitcoin investors are dumbs, hence proved.
Q5: Do you know anything about Hard fork, blocks confirmations, hash rate, mining, Master node, ICO,Paper wallet, alts, Air dropping?
A: What are they? Never heard.!!!
Q6: Without any technical knowledge how can you say that Bitcoin is a bubble?
A: Warren Buffet and Jamie Dimon said no..
Q5: Hence proved..
Me: Nothing lol