You frequently hear opponents of Bitcoin say that Bitcoin is a Ponzi scheme, an environmental disaster, or that Bitcoin is only used for illegal activities.

These opponents always spread the same lies to protect the current system.

They put little effort into their lies and may even end up saying they hate Bitcoin just because Charlie Munger said it was evil or Warren Buffett said it was "Rat poison squared".

More recently, I've heard opponents use a more rarely used argument: What if governments cut off the Internet, Bitcoin couldn't survive it?

So I explore this idea in the latest issue of the In Bitcoin We Trust Newsletter.

You'll see that the conclusion is clear: Bitcoin would have a better chance of surviving in such an environment than the current system.

You may be thinking that I am defending Bitcoin because I am a Bitcoiner. Rather than sticking to that position, I invite you to read my analysis.

It's up to you to read my article and then decide for yourself. Remember: "Don't Trust, Verify".

Link: https://inbitcoinwetrust.substack.com/p/why-governments-will-never-take-on