
Episode 225 - Bitcoin Myths
By McIntosh
Ep. 225 · Aired Sep 12, 2025 · 57m · Last boosted Sep 16, 2025
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Show Notes
In episode 225 of "Satoshi's Plebs," hosts McIntosh and Kenshin debunk eight Bitcoin myths: that it has no intrinsic value, is mainly used by criminals, wastes energy, is too volatile for currency use, will be banned by governments, has slow/expensive transactions, will be replaced by better cryptocurrencies, and is a Ponzi scheme. They counter each myth with evidence about Bitcoin's utility, legitimate usage (99%+ of transactions), renewable energy incentives, decreasing volatility over time, decentralized resistance to bans, Lightning Network capabilities, unique leaderless structure, and survival through multiple market cycles. Bitcoin Price at Time of Recording <...
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Send_it_Mike: F**k this War
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I agree with everything aldum said, the best money is that which has NO other use, and therefore cannot have value outside of money. Gold jewelery to me is decorated money, other metals and jems make prettier jewelry to me. Gold is valued as jewelry BECAUSE it's monetary premium not in addition to it. My biggest fear/myth is 6102 attack. Not because I fear it will kill Bitcoin, but because it will make my life way harder and force me to choose: face possible arrest or keep my Bitcoin. I think the us and Europe are the most likely to get a 6102 attack.




