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Author Topic: Financial Times issues apology to bitcoiners after 13 years of Criticism.  (Read 3487 times)

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As the tide changes, so do men especially on the potential of Bitcoin.13 years ago, many people, who has little or no remorse were openly critical about the emerging force of Bitcoin as a financial hedge against inflation and a digital assets class.

Again, Bitcoin, known by it's community as a digital gold and an investment assets class, was able to prove many doubting Thomas wrong once again as it blast past $100k milestone.

As the Tide is continuously changing, so we all may be hearing from different news and social platforms of men, or organizations tendering apology, but to me, it is of no effect because Bitcoin has come to stay.

Please check the details here: https://cointelegraph.com/news/financial-times-issues-weak-apology-bitcoiners



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Re: Financial Times issus apology to bitcoiners after 13 years of Criticism.
« Reply #1 on: December 06, 2024, 08:14:07 AM »
Bitcoin got the vindication it is deserving. I am hoping that other critics will also be issuing their own apologies too even just in X so we can definitely know that they made the mistake of taking on Bitcoin without first really understanding its value and the innovation it is bringing with the blockchain technology. While I can see that human nature demands that we should be doubting something that is new, these critics should have reserved some space before judging Bitcoin. Now, they are eating their words for good...and of course the apology can be too late...not on the time when Bitcoin reached the biggest ATH of $100K. I am sure those who will not issue any apology are already silenced as they know that Bitcoin is something they never thought it would be.

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Re: Financial Times issus apology to bitcoiners after 13 years of Criticism.
« Reply #1 on: December 06, 2024, 08:14:07 AM »

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Re: Financial Times issus apology to bitcoiners after 13 years of Criticism.
« Reply #2 on: December 06, 2024, 09:07:54 AM »
Just yesterday I read on Twitter what all the Bitcoin detractors were thinking now... I vaguely remember the names of some companies that 10 years ago only knew how to laugh and mock, and of many "economic experts" who said that Bitcoin would die... Now they logically remain silent, looking away. At least from the Financial Times they have "apologized" even a little.

Time puts us all in our place.
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Re: Financial Times issus apology to bitcoiners after 13 years of Criticism.
« Reply #3 on: December 06, 2024, 09:11:50 AM »
Well, if you really read the article, it's not that much of an apology, let alone one. It's like a salty way of saying sorry and they probably do not understand how much of an amazing feat it was ever since they started criticizing it.

I believe that there should be a balance in this world, and they are probably filling in towards the dark side or something. But we all know that we have prevailed, and I hope it continues and no problems occur.
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Re: Financial Times issus apology to bitcoiners after 13 years of Criticism.
« Reply #4 on: December 06, 2024, 11:35:29 AM »
Tongue-in-cheek stuff, but i couldn't care less what they publish about BTC, i can get all details and information i want about BTC without reading their publication on it. If people truly didn't believe in BTC for everything it stands for, because of what they wrote about it many years ago, then it is their loss or maybe they do not just care.

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Re: Financial Times issues apology to bitcoiners after 13 years of Criticism.
« Reply #5 on: December 06, 2024, 11:51:51 AM »
 ;D I knew something was up upon reading the title of the OP. Mainstream media journalists/commentators apologizing sincerely? Nah. Most of it are just for engagement and that's similar to what FT did here. It's kind of a rage bait (if that's even a term now) and it looks like it worked.

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Re: Financial Times issues apology to bitcoiners after 13 years of Criticism.
« Reply #6 on: December 06, 2024, 01:12:11 PM »
Instead of issuing that kind of apology, they should shut up. They are not really that sorry; it seems they are just defending their action. Anyway, we have proven these naysayers wrong; we will move on and leave these people and organizations they should have regretted not buying Bitcoin.
With this, we just proved that we have last laughed and it will stay for many years.
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Re: Financial Times issues apology to bitcoiners after 13 years of Criticism.
« Reply #6 on: December 06, 2024, 01:12:11 PM »


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Re: Financial Times issus apology to bitcoiners after 13 years of Criticism.
« Reply #7 on: December 06, 2024, 04:26:32 PM »
People do certain things before accepting,

They ignore like it doesn't exist

Then they criticize it

And later they will start accepting after being successful.

So it's a known thing in general and we don't have to concentrate on the opinions from people who has zero knowledge about blockchain, bitcoin and decentralization ever.
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Re: Financial Times issues apology to bitcoiners after 13 years of Criticism.
« Reply #8 on: December 06, 2024, 04:28:23 PM »
Personally I'm glad that BTC is doing so well that they can no longer ignore it, especially as an asset class. I think the important thing here is understanding that we should not be quick to dismiss rising trends, innovations or ideas.

You can be cautious, but not dismissive, at least till you get a good understanding of what it's about.

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Re: Financial Times issues apology to bitcoiners after 13 years of Criticism.
« Reply #9 on: December 06, 2024, 05:09:31 PM »
As the Tide is continuously changing, so we all may be hearing from different news and social platforms of men, or organizations tendering apology, but to me, it is of no effect because Bitcoin has come to stay.
Even the Microstrategy manager, Micheal Saylor was once on Twitter now know as X posted bad about bitcoin before. But as he learned about what bitcoin is, he changed his mind. His company is one of the companies that bought bitcoin the most. This is more sign that as time goes on, more people and organizations will come in and start investing in bitcoin.

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Re: Financial Times issues apology to bitcoiners after 13 years of Criticism.
« Reply #10 on: December 06, 2024, 06:15:06 PM »
Let's be realistic, the best optimists did not believe that Bitcoin would reach $100,000 and a market cap of nearly $2 trillion in less than 20 years, and even Satoshi may not have predicted such a rapid rise. However, governments and investment funds have not joined Bitcoin and still consider it a high-risk asset.
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Re: Financial Times issues apology to bitcoiners after 13 years of Criticism.
« Reply #11 on: December 06, 2024, 06:54:16 PM »
As the tide changes, so do men especially on the potential of Bitcoin.13 years ago, many people, who has little or no remorse were openly critical about the emerging force of Bitcoin as a financial hedge against inflation and a digital assets class.
Again, Bitcoin, known by it's community as a digital gold and an investment assets class, was able to prove many doubting Thomus wrong once again as it blast past $100k milestone.

As the Tide is continuously changing, so we all may be hearing from different news and social platforms of men, or organizations tendering apology, but to me, it is of no effect because Bitcoin has come to stay.
There are many reasons why someone might be anti-crypto: Peter Schiff wants to protect gold position in the economy, those who have too much faith in the classical economic knowledge they've been taught for years also want to protect their beliefs, governments also want to regulate crypto in the same way they regulate fiat... Some people only appear anti-crypto if they think it's an effective way to attract readers' attention and generate more advertising revenue.

Currently, BTC has secured a solid position in the economy after overcoming many market challenges, and newspapers that once criticized BTC are also forced to acknowledge BTC value even though they don't want to admit their mistakes. We have truly entered a new era, where doubt turns into greed and people try to learn about BTC instead of rushing to attack and deny it.
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Re: Financial Times issues apology to bitcoiners after 13 years of Criticism.
« Reply #12 on: December 06, 2024, 07:23:55 PM »
Let's be realistic, the best optimists did not believe that Bitcoin would reach $100,000 and a market cap of nearly $2 trillion in less than 20 years, and even Satoshi may not have predicted such a rapid rise. However, governments and investment funds have not joined Bitcoin and still consider it a high-risk asset.

Yes, it is now an unbelievable situation to many naysayers within their minds, but I will maintain that bitcoin is still an opportunity to as many that want to join the moving train, or they will forever regrets their actions. Obviously, Bitcoin is just 15 years old, still on its early stage, investing now is not late because anything can happen tomorrow.

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Re: Financial Times issues apology to bitcoiners after 13 years of Criticism.
« Reply #13 on: December 06, 2024, 09:58:20 PM »
That's it men wil mock you but never listen to them criticism is a normal thing among men but only those who know where they are going refuse to be discouraged. There is a saying that if you can't beat them you join them so alot of all these people may have tried in one way or the other for years to stop the project from excelling but since they can't beat them they now come openly to confess, that is greatness. When you are big you are big.
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Re: Financial Times issues apology to bitcoiners after 13 years of Criticism.
« Reply #14 on: December 07, 2024, 04:10:54 AM »
----
As the Tide is continuously changing, so we all may be hearing from different news and social platforms of men, or organizations tendering apology, but to me, it is of no effect because Bitcoin has come to stay.

Please check the details here: https://cointelegraph.com/news/financial-times-issues-weak-apology-bitcoiners
At first place, do their criticism towards Bitcoin had an effect on it? I mean they criticized in the past, yes, but does that had any effect on it? If yes, I can't feel it.

Anyway, I guess criticisms at the early stages of Bitcoin is pretty much normal because it's a new kind of asset hence, there are many skepticisms and negativity around it. What's important now is that those who are anti-crypto way back a few years ago are now either pro-crypto, or they just shut their mouth and not talking about it anymore. Aside from Peter Schiff, is there any popular person out there that's still an anti-crypto or at least always saying negative things or still criticizing Bitcoin until now?

 

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