- Tether FUD: Unbacked stable coins are used to pump bitcoin and manipulate price
- Just 2% of people own 95% of bitcoin, it’s not equal and so unfair
- Bitcoin is not backed by anything, it has no intrinsic value
- Institutions buying bitcoin means it’s going to be captured by Wall Street and manipulated like silver and gold with paper derivatives
- It’s a terrible currency or store of value, it’s too volatile
- Bitcoin is just a bubble waiting to pop or a ponzi scam or a pyramid scheme