WLD holder

$BTC
2009–2011:
“It’s just a toy / a scam”
Bitcoin is just the magic money of the internet
Nobody uses it
Only geeks and techies are interested in it
It has no real value
Created by an anonymous person → It must be a scam
If Satoshi disappears, it will disappear
It can be replicated infinitely → It is useless
No government backing → No trust
2011–2013:
“It’s for criminals”
Used on Silk Road → Drug money
A source of terrorist funding
Money laundering machine
Only assets of criminals
Governments will ban it overnight
Bitcoin will disappear if exchanges close
Mt. Gox hacked → Bitcoin fails
One hack = whole system broken
2013–2015:
“Banks will kill it”
Banks won’t allow it
Visa will replace it
PayPal will crush it
Why Bitcoin when banks are fast?
It can't spread to the masses
7 transactions per second → unusable
Too slow for money
Too unstable for money
Central banks will ban
2015–2017:
“It doesn't technically work”
Block size fight will break Bitcoin
Civil war in the community
Hard forks will destroy trust
Miners control
Chain controls mining
51% attack is coming
Fees are too high
Lightning Network will never work
Developers are in the hands of a few
2017–2018:
“Bubble, Fraud, Tulip”
Tulip Bubble 2.0
ICO Bubble proves it's a fraud
No cash flow → no value
Will go to zero after 20k
Institutions will never join
Only a game for the masses
Price drops, then it's over
“This time it's really over Gone”
2019–2020:
“Politics and Control”
Governments will not tolerate alternative currencies
CBDCs will replace Bitcoin
Facebook/Libra will kill it
China will ban it (again, again…)
Mining concentrated in China
No real-world use
Nobody uses it for payments
Failed as money, failed as a store of value
2021:
“Environmental Fear”
Bitcoin is heating up the ocean
Uses as much electricity as entire countries
A disaster for the environment
Against ESG
Proof-of-Work must end
Governments will ban PoW
Tesla sold → all gone
Miners are environmentally hostile
2022:
“Fear of system collapse”
Terra crash = Bitcoin failed
Celsius crash = Bitcoin failed
FTX crash = Bitcoin failed
Crypto crisis killed all Given
Trust gone
Exchanges unsafe → No adoption possible
Institutions gone forever
Regulation will kill forever
2023:
“Regulation and importance”
SEC will ban
ETFs will never be approved
Too risky for pensions
Governments don’t want it
Bank collapses didn’t help
Couldn’t save everyone → Useless
Gold is better
Bonds are safer
Bitcoin is old technology
2024–2025:
“The story is over”
Everything is priced in
No new buyers left
Young people don’t care
AI will replace it
Quantum computers will break it
Governments will tax it to death
Self-custody is difficult
ETFs have defeated the purpose
It’s just another risky asset
“If it was profitable, everyone would be using it”
The fact is that Bitcoin
Lived despite being declared dead over 500 times
Outlived banks, exchanges, CEOs, countries and stories
Heard it die at $1, $10, $100, $1,000, $10,000, $20,000
Has suffered all kinds of attacks technical, legal, social, environmental, financial
Still
Blocks are being created
Hash rate is increasing
Supply is limited
Usage is slowly increasing
Countries are joining
Institutions are finally accepting
Bitcoin is not weak, weak are just stories