Are you thinking about investing in Bitcoin? Or have you thought about it in the past, but then discarded it for one reason or another? The fact that you have clicked on this article shows that some of you have not yet finished Bitcoin. Secretly, you may also hope that all your doubts that have held you back so far will finally be removed. Or have you heard any arguments in the past to show you that Bitcoin is no more than hocus-pocus and that you didn’t have any convincing answers?
If any of this applies to you, then you’ve come to the right place!
In this article I will try to give convincing answers to the most common doubts. This article is intended to help you make an informed opinion, based on facts rather than hearsay, and equip you for discussion of many kinds. Learn together with me the 5 most common arguments why you shouldn’t invest in Bitcoin and why this is nonsense.
Should you come up with one or the other person in your environment, who throws exactly such arguments around, then simply share this article with him so that he may remain silent on this topic forever.
5 reasons not to invest in Bitcoin
Each of us has heard through his circle of acquaintances or the media at least one of the following 5 reasons already once and why one should leave Bitcoin the fingers.
Bitcoin is a Ponzi Scheme.
You can’t buy anything with Bitcoin.
Bitcoin becomes superfluous at the latest by digital central bank money.
Bitcoin could soon be banned in Germany.
It is already too late to invest in Bitcoin.
Is there anything familiar about it?
These arguments are often put forward with such a conviction that it is hardly understandable why someone who is still in a state of consolation should put even a single cent into Bitcoin. Such a thing is only for the stupid and those who dream of fast money.
But is that really the case? The crypto market is currently worth 200 billion US dollars. Pretty much every major financial institution in the world, the so-called Smart Money, is trying to find a way to participate in this market or to copy the technology of crypto currencies and introduce them to the market itself. The latter without much success so far.
Maybe Bitcoin is not only something for the stupid and get rich quick kids out there. Maybe the above arguments aren’t as convincing as they’re supposed to be. Perhaps most simply have no idea what they are talking about or are pursuing a completely different goal with Bitcoin’s bad-making than to protect investors from making the wrong decisions.
Let’s take a closer look at the arguments listed above.
Bitcoin is a Ponzi Scheme
Bitcoin is meaningless and the only reason why the Bitcoin rate is rising is that someone is willing to throw money into a bottomless pot as well. Once no one can be found throwing money into this blast furnace, everything will collapse like a house of cards.
Is Bitcoin really a Ponzi Scheme?
Definitely not. In the sense of the above, I can only say that people who claim that Bitcoin is a Ponzi system do not really understand what a Ponzi system or Bitcoin is. Probably both in many cases.
Fact 1) Bitcoin has never asked anyone to invest money, nor does it promise any returns.
The Bitcoin whitepaper never asks for money nor talks about returns. It’s just an 8-page document explaining a solution for making censorship-resistant digital money.
Fact 2) Bitcoin has no head/person to control everything.
Bitcoin is based on the decentralized and censorship-resistant technology of the blockchain and the proof of work system. Both mechanisms ensure that nobody gains full control alone.
Therefore, Bitcoin by definition is not and cannot be a Ponzi scheme. At Bitcoin, like any other market economy, there are buyers and sellers, supply and demand. These factors alone determine the price development and the Bitcoin price.
You can’t buy anything with Bitcoin
The statement above all proves that it was met by someone who obviously has no idea what he is talking about. Of course, Bitcoin is not yet a widespread means of payment, but that takes time. Especially because it is a means of payment whose adoption is not imposed by any state authority, but is purely voluntary.
The statement above all proves that she was met by someone who obviously has no idea what he is talking about. Of course, Bitcoin is not yet a widespread means of payment, but it takes time. Especially because it is a means of payment whose adoption is not imposed by any state authority, but is purely voluntary. True to the motto of a free market economy.
Bit by bit, more and more companies are accepting Bitcoin as their official means of payment. Here is just a small selection of the larger companies where you can already pay with Bitcoin today.
The company, which operates the world’s largest open source encyclopedia, accepts donations in Bitcoin.
The Company allows the use of Bitcoin to fund its customers’ Microsoft accounts.
The American global travel technology company accepts Bitcoin via Coinbase.
KFC Canada has decided to accept Bitcoin for a limited time in exchange for the “Bitcoin Bucket”. The company processed the payment via BitPay and the bucket was to be delivered directly to the customer’s home address.
Playboy TV launched a new payment option that allows customers to access their exclusive adult content using crypto currencies. Bitcoin can also be sexy.
Several Subway branches accept Bitcoin as payment for their sandwiches.
And this is just a small selection of hundreds of companies that already accept Bitcoin as payment for their products and services.
Bitcoin becomes superfluous with digital central bank money at the latest
It’s no secret. Many companies like Facebook, Telegram and others are trying to throw their own crypto currencies onto the market. However, these efforts have so far been successfully prevented and delayed by the state.
At the same time, a dozen states and central banks are already working on throwing their own digital currency onto the market. But if there is such a thing as the digital euro in the future, what do we need Bitcoin for?
The answer is as simple as it is obvious: because Bitcoin is not issued by any central bank or government.
Nobody controls Bitcoin or its payment network. Bitcoin is never the victim of excessive inflation, because everyone knows exactly when and how much BTC will go into circulation. And this for the next 100 years, before it becomes a purely deflationary means due to its limited supply and the last Bitcoin produced.
Bitcoin is also currently the most efficient way to store value outside the system. A fact of inestimable value. Therefore, a world full of (centralized) central bank coins will not change the need for Bitcoin.
Bitcoin could soon be banned
What if Germany, as well as all other countries, would simply ban Bitcoin overnight? Wouldn’t it then be over and done with Bitcoin?
Well, for one thing it is very unlikely that all states will ever ban Bitcoin globally at the same time. There will always be a state that will exploit the secrecy of other countries to its advantage to make its country a playground for Bitcoin & Co. Not for idealistic reasons, but simply to attract capital and specialized know-how.
Moreover, no state in the world can prevent its citizens from buying and shipping Bitcoin. Bitcoin has no centralized point of attack. Its network is globally distributed and thus beyond the reach of any state or even association of states.
States can only exclude themselves from Bitcoin and its advantages, but not endanger its existence and continuous development.
Even today, you are still one of the early users of Bitcoin and
The biggest innovation has already taken place, through Bitcoin.
Decentralized digital scarcity is the real innovation and Bitcoin is by far the best at meeting this criterion to this day.
Bitcoin, like gold and silver in its early years, benefits more and more from the network effect. The growing ecosystem around Bitcoin makes it easier and easier to invest in Bitcoin and use it, and it continues to drive adoption.
Bitcoin is the world’s first decentralized digital currency. One of the reasons for its value is that it is the first digital currency over which no single person, organisation or authority has control. Anyone can buy it, anyone can get it – and no one can tell anyone what to do with it or not. It is an object of value that is free from dictatorship, oppression and hyperinflation. It is a financially safe haven for anyone who lives under such circumstances.
Bitcoin belongs to all of us and the great thing is that no one can take Bitcoin from us again. Bitcoin has come to stay and this innovation has only been around for 11 years. So are you too late? Certainly not!
Anyone who deals with geo-blockades, anonymity on the Internet and Internet censorship will over time come across two technologies that help to lift geo-blockades and improve anonymity on the Internet: VPN and SmartDNS.
By using a VPN (Virtual Private Network) or a streaming service, however, this geo-blocking can be avoided and the contents of Hulu, Pandora, Netflix etc. can be received, even if you live in a locally blocked area.
The question of whether to use a VPN or a streaming service arises automatically.
A few advantages and disadvantages of the two services: Basically, both services are similar, as both allow streaming or viewing of geo-blocked content. However, there are a few factors that distinguish the two services.
VPN – anonymous, safe from hackers
If your sole concern is anonymity and security on the World Wide Web, you should definitely choose a VPN.
If you are mainly concerned with access to blocked services or streaming content in other countries, then you do not necessarily have to use a VPN service, as they are usually slower than pure Smart DNS services.
However, it should be noted that SmartDNS services can only share already integrated online streams. Not all SmartDNS providers provide all video-on-demand portals. In such a case, you either have to look for another Smart DNS service or use a VPN service.
Since VPN enables you to obtain a US American IP address (if a server is located in the USA) or another IP address from another country, you can use it to unlock all US streaming services.
Transmission over a VPN is slower because all data traffic is encrypted and routed through an externally shielded data tunnel. The own IP address is exchanged with an IP address of a server of the provider. This provides excellent protection against hackers and data thieves, but loses transmission speed.
SmartDNS – fast, compatible, easy to use
Reasons for using SmartDNS instead of a VPN service when it comes to streaming geo-blocked content. One of the best provider is Unlocator, you can read a review on this page.
Speed and efficiency: SmartDNS enables broadcasts to be streamed, viewed or downloaded faster than a VPN because a SmartDNS system diverts only certain parts of the traffic through its server.
Excellent compatibility with other devices.
VPNs often use complex systems to create a single VPN tunnel between your device and the blocked content. This means that a streaming service is usually more compatible with all your devices (such as laptops, game consoles, smart TVs, etc.).
SmartDNS setup is very easy to install.
A connection via a Smart DNS system does not require complicated installation software or manual configuration to set up.
SmartDNS is cheaper than a VPN service.
Normally a streaming service costs much less than a VPN service.
First of all, if you found our article helpful, read more at this website. Ok, lets continue to the conclusion. Certain websites and online services such as Hulu, Netflix, Spotify, etc. are only accessible in certain places and blocked in other countries. Therefore you need a VPN or a Smart DNS! If one tends towards a VPN due to the advantage of anonymity, one must inform oneself beforehand exactly for which end devices software is available. For a SmartDNS service, the end device only needs to be Internet-enabled. Detailed instructions are provided by the providers for common systems such as MAC, Windows, Linux, game consoles, mobile devices and routers.
The advantage of configuring the router is that all connected devices can automatically use the SmartDNS service. If you only want to activate blocked streaming services, a SmartDNS is completely sufficient. However, if you want to use the Internet anonymously, a VPN is strongly recommended.
If you desire enthusiasm on your next home-improvement task or just enjoy enjoying transformations that are amazing, then the DIY Network is for you personally. The difficulty is that the DIY Network is not accessible beyond your US, but there is a good little trick which will let you view the DIY exhibits from anywhere in the world.
The DIY community may determine where you are via your computers ipaddress, that you acquire from your Internet Provider. You can browse the website only wonderful, but you will start to see the information, if you attempt to view one of the films the wanted How-To observe the DIY network outside the usvideo can not be found”. Because it seems merrily as being a technological challenge, this is really a bit inaccurate, in reality it’s a process set up to stop non-US use of this content. This can be due to accreditation deals and also other boring stuff. The thing you need to do is pretend where you are. Cheating Your Local Area with Russia vpn providers and Enjoying the DIY Network.
What you need to-do is connect to a Virtual Private Network with a machine situated in the usa. This will allow hence and you to change your frequent IP address having an American target be allowed to supply from the DIY Network. Personally I prefer using a relationship from Cover My Bum VPN because they have granted me wonderful results and speeds.
Only sign up for the Hide My Bum VPN company after which deploy their program on your Mac or Laptop. Once installed pick a people machine from the listing to click and the software link and watch for an indication and 5-10 seconds may present that you’re currently connected with a US ip. This is all it takes and you may now review the DIY Community site and watch all-the information as you were located in the usa.
That is all it requires if you’d like to look at some other site for example or the DIY Community beyond your people. I really hope you could use the aforementioned strategy – it is not really a big complex concern whatsoever. Basically view it as your first DIY project.
The Chinese government has long-kept tight reins on both traditional and new-media in order to avoid potential subversion of its authority. Its approaches frequently involve rigorous media controls shuttering websites or publications using observation techniques and firewalls, and jailing activists, bloggers, and dissident journalists. The Norwegian Nobel Committee’s awarding of the 2010 Peace Prize to jailed Chinese activist Liu Xiaobo, as well as Google’s fight together with the Chinese government over Internet censorship , have also raised worldwide interest to censorship issues. At the exact same time, the country’s robust economy relies on the internet for growth, and specialists say the regime’s control is being tested by the expanding dependence on Internet freedom.
Real Freedom of Speech and Media in China?
China’s constitution gives its residents freedom of speech and press, but the opacity of Chinese media rules permits authorities to crack down on news stories by asserting they uncover state secrets and jeopardize the country. The meaning of state secrets in Cina remains obscure, easing censorship of any advice that authorities deem harmful (PDF) to their own political or economic interests. CFR Senior Fellow Elizabeth C. Economy claims the Chinese government is in a state of “schizophrenia” about media policy as it “goes back and forth, examining the line, knowing they want press independence and the advice it provides, but concerned about opening the door to the kind of independence that might lead to the program downfall.”
In May 2010, the government issued its first white-paper on the Internet that highlighted the concept of “Internet sovereignty,” needing all Internet users in China, including foreign businesses and people, to adhere to Chinese laws and ordinances. Chinese Internet businesses are now necessary to signal the “Public Pledge on Self-Regulation and Professional Ethics for China Internet Industry,” which involves even stricter rules than these in the whitepaper, based on Jason Q. Ng, an expert on Chinese media censorship and author of Clogged on Weibo.
Just about all the large people Television systems have online streaming available. Nevertheless, the get access to it limited to utilize within the US simply, if you reside in the united kingdom you’re from fortune. If you don’t make use of the following technique that’s.
View all of the large National Television channels, systems and loading providers for example NBC ABC, CBS, FOX are just open to US audiences. When you visit among the above sites and attempt to flow movie or a display you’ll be plugged from viewing whilst the site may identify that you’re situated in the united kingdom. The web site does this by identifying where you are via your computers ip address. If you don’t understand what that’s Don’t worry, but and ip address is just a quantity that you will get via Your Web supplier which is required to ensure that your PC to speak with the likes and also sites online. The thing is that it’s super easy to identify area via an ip address. What exactly you have to do is get a National ip address of another country which works through a VPN firm.
Trick Sites Into Thinking You’re Situated In the United States
Fortunately it’s not fairly difficult to get a National ip address. All that’s necessary to complete is connect with a Virtual Private Community also called VPN. An individual will be attached to a Wrist Watch National Television within the UKVPN host it’ll behave as the National Television site you’re attempting to entry and also an intermediary between you. This way the National IP-address will be only seen by the web site you’ve learned in the VPN server. It’ll seem you’ve shifted round the world – although just practically.
Establishing On Your Pc
Of linking to some VPN, the procedure is hardly difficult. All that’s necessary is definitely an account having a VPN supplier having a host in america. I would recommend choosing the united kingdom Organization Conceal My Butt VPN. They’ve all machines situated all over the globe as well as rates and their costs are first class.
After you have closed up you merely obtain and deploy their application and fire up it. Then just pick a host situated in the united states from also you today be seemingly situated in the united states and the checklist and press link – in a of moments you’ll visit a green-light suggested you’re linked. There after merely go to the site-you need inside flow and your visitor away. It’s not that compound actually.
This can be an ideal answer for National expats living in checking up on exactly what the newest television shows in the people, the united kingdom yet others interested.
You’ll find many reasons concerning why a Web user would love to fake their location. The solution however is precisely the same and that is falsifying your Internet Protocol address and in this guide I will show you how.
Observe the lone way to learn your location online by doing a reverse lookup of your IP-address is. Your Internet Protocol address is a unique number that your Internet Provider is inherited from by you which is needed to communicate online. Finding your place via your IP is hardly difficult – just look at this:
Just how to get an IP address From A Different Nation
Therefore everything you require is an Internet Protocol address from a different country. You get a brand new IP-address by connecting to what is known as a Virtual Private Network, which will be typically known as VPN, like Best VPN PS4. Fundamentally a server located in a different country will be connected to by your computer and you may then inherit a new IP from this server. As it’s situated in a country of your selection you may then appear to the exterior world to be located in the same area.
Falsify your location
There are there are many VPN providers available on the market, but honestly there is only a smattering worth contemplating. My personal favorite is Hide My Ass VPN as both speed and price in rather aggressive. After you join, you obtain access to all their servers in over 42 42 countries. Merely install their application on each PC or Mac and then select the city/state you wish to hide in and click connect. Your data connection is now encrypted and you may look found in the location of your choice.
This really is incredibly protected and quite fantastic as your info is protected both to and from your VPN server. Anyway which is how you go about it in case you have to falsify where you are.
Just stated, your DNS code determines the country you’re now in. Netflix uses this to direct you to the choice of your nation . But, the United States Netflix contains over 10,000 titles, while other nations just have or less. So how can we access the Netflix selection that is american? Simple, change your address. The process differs slightly depending on what device you’re utilizing, although this is a very straightforward thing to do.
In the event that you follow the steps for the specific apparatus below and still do not notice american Netflix, reboot your device. To confirm that you are in the US Netflix choice, lookup “Generator Rex”. It is a US Netflix distinctive, if you’re in the US Netflix selection and really should only show up. Best VPN for Netflix
iDevices 1. Visit settings.
2. Head to Wireless Local Area Network.
3. The Wifi network you are now attached to to will have a check mark of the name of it’s next to the left. To the right, there must be a group with an arrow pointing to the correct (or an ‘i” if you’re using iOS 7). Click on it.
4. Substitute the existing primary and extra requirements in the DNS box using a main from our start page. Utilize a comma to separate the 2.
Carton System is associated with fantastic activity for kids and also the Carton Network site has plenty of good content readily available for loading. The challenge is not that discontent in mere available when watching from your US. You should use the following trick to get use of the content, should you be based abroad the usa.
Evidence is fairly obvious when visiting the Carton Network website from beyond your US, while you will undoubtedly be approached by the following concept Cartoon Network “Videos are just for sale in America. Sorry”. Via your computers IP address the Carton System continues to be able to recognize your local area and that’s why you’re currently experiencing this message. Obtain an American IP Address and Watch the Carton System From Anywhere.
Therefore all you need from exactly where you need is definitely an American ipaddress so that you can watch the Carton Network. You accomplish this by VPN which approach or link with a Virtual Private Network your current ip will be exchanged having an National IP provided that you are attached to the system. Trust me it’s dead-easy to setup, although this may seem a little techy.
To start with you have to generate a free account having a VPN service. I personally use Conceal My Bum VPN while they provide a great company at a low price. After you have opted for an account together you install their request for Linux , Mac or either Computer. After that basically select a host in america from your list and press and fire the application form up link. A few your existing IP along with seconds later you will view a green indication showing that you’re now connected has become National.
Use vpn to look at cartoon community outside you may now review the Carton Network and commence and the usThat is all watching all the material you want – no matter where in the world you are.
As you can imagine this trick is fantastic for vacationers expats or persons living forever beyond your US. On you only content knowledge association will even become encrypted when linked to the VPN. This leads to a more safe online knowledge as stuff like that and hackers can no longer compromise the info your personal computer directs and obtain.
Anyhow I hope you will benefit from the Carton Network material and should use the key.
The most basic method to scan websites anonymously is to utilize Web-based proxies like Anonymouse, Proxify or Conceal My Ass. Net proxies are easy and simple to work with: Only check out the anonymizing site, key in the URL of the website you want to visit anonymously, and youare not on! Some actually include sophisticated features like the capability to secure your link or block ads, snacks. Web proxies may be easy (and frequently free), nevertheless they have many disadvantages. Knowledge rates can be dreadful, specific kinds of content (movies, music, etc.) could possibly be challenging to get into, several proxy providers interject their particular promotion, plus some sites merely will not function with a proxy. Continue reading →
Hi folks, I am Joe, 35 years old and I live in Canada. As you can see in my blog posts I am keen on all nerdstuff, music and videos. I have a dayjob as programmer for a big IT company but my dream is to work as music & video producer. I have had a bit of success in the past but it`s still not enough to make a living out of it. I apprecciate any shares, links and comments on my blog posts.
I have a girlfriend from germany, so don`t mind the german stuff. She is also blogging about trending topics in german on this blog.