Stage 1: Debunking the Myths

What's your biggest concern about Bitcoin?

Select the objections you want addressed. We'll show you data-driven rebuttals—no hype, no preaching.

If we can't answer it, you win. If we can, keep going.

Select Your Concerns

Check the boxes for the myths you want to explore, then click "Show Selected"

0 of 11 selected
💰
No Intrinsic Value
"Bitcoin has no intrinsic value. It's not backed by anything."
👆 Click to reveal
The Value Fallacy

You're right—it's not backed by anything. Neither is gold, really.

The Truth: "Intrinsic value" is a myth. Value is subjective, determined by what people are willing to exchange for it.

  • Gold: Valued for scarcity & resistance to corrosion
  • Bitcoin: Valued for digital scarcity, portability, & censorship resistance
  • Fiat: Backed only by government decree (and infinite supply)

Stock-to-flow ratio: Bitcoin has the highest of any asset—more scarce than gold.

📊 Explore Stock-to-Flow
Energy Waste
"Bitcoin wastes insane amounts of energy for no reason."
👆 Click to reveal
Energy = Security

Is securing $1+ trillion in value "waste"?

The Data:

  • Bitcoin: ~110 TWh/year (0.05% of global energy)
  • Traditional banking: ~260 TWh/year
  • Gold mining: ~240 TWh/year
  • Streaming video: ~200 TWh/year

Plus: 58% of Bitcoin mining uses renewable energy (vs. 28% for the global economy).

Bitcoin isn't wasting energy—it's converting energy into immutable security.

⚡ Energy Comparison Tool
🦹
Criminal Tool
"Bitcoin is only used by criminals and drug dealers."
👆 Click to reveal
Most Traceable "Anonymous" System

Criminals prefer cash—not Bitcoin.

2025 Data:

  • Bitcoin illicit activity: 0.24% of all transactions
  • Cash illicit activity: 2-5% (UN estimate)
  • Traditional banking: $2 trillion/year laundered

Why? Bitcoin's blockchain is a public ledger. Every transaction is permanently recorded. Chain analysis firms track criminal activity with >95% accuracy.

Criminals use what works: cash, banks, shell corps—not a transparent ledger.

🚫
Government Will Ban It
"Governments will just ban Bitcoin when it gets too big."
👆 Click to reveal
They've Tried. It Failed.

Ban attempts so far:

  • China: Banned Bitcoin 6+ times (2013-2021). Result? Hashrate moved elsewhere. Bitcoin price up 10,000%.
  • India: Attempted ban 2018. Reversed. Now regulating.
  • Nigeria: Banned 2021. Bitcoin adoption surged.

The Problem: You can't ban math. Bitcoin is code. It runs on 17,000+ nodes in 100+ countries.

Banning Bitcoin is like banning email. Good luck enforcing it globally.

Reality: US spot Bitcoin ETFs approved (2024). Nations buying Bitcoin reserves (El Salvador, Bhutan).

🌷
It's a Bubble
"Bitcoin is tulip mania. It's going to zero."
👆 Click to reveal
15 Years of "Dying"

Bitcoin has "died" 473+ times... and yet:

  • 2011 crash: -93% → recovered to new ATH
  • 2013 crash: -87% → recovered to new ATH
  • 2017 crash: -84% → recovered to new ATH
  • 2021 crash: -77% → recovered to new ATH

Since 2010: Bitcoin is up 15,000,000%. Best performing asset of the decade.

Tulips? They crashed once and never recovered (because infinite supply).

Bitcoin? Fixed supply of 21M. Growing adoption. Surviving crashes. That's not a bubble—that's price discovery.

🔄
Altcoins Will Win
"Someone will just make a better cryptocurrency."
👆 Click to reveal
Network Effects & The Lindy Effect

They tried. Thousands of times.

The Graveyard:

  • 20,000+ altcoins launched since 2013
  • 99% failed or worth less than $0.01
  • Bitcoin market dominance: 54% (and growing)

Why Bitcoin wins:

  • Network effect: Most nodes, most miners, most liquidity
  • Lindy effect: Longest survival = highest future survival probability
  • Immaculate conception: No founder, no CEO, no premine

Making a "better" Bitcoin is like making a "better" internet. The network effect is the moat.

🔓
Easily Hacked or Stolen
"Bitcoin can be easily hacked. People lose their coins all the time."
👆 Click to reveal
Bitcoin ≠ Exchanges

Bitcoin itself has never been hacked. Not once in 15+ years.

What gets hacked:

  • Exchanges: Centralized companies with security flaws (Mt. Gox, FTX)
  • Individuals: Poor password hygiene, phishing attacks
  • NOT the Bitcoin network: $1 trillion secured by the most powerful computer network on Earth

The Math: To hack Bitcoin, you'd need to control 51% of all mining power. Cost? ~$20 billion+ in hardware alone. And you'd destroy the asset you're trying to steal.

Solution: Self-custody with proper security. Not your keys = not your coins.

🔐 Learn Self-Custody
📈
Can't Scale
"Bitcoin can only handle 7 transactions per second. It'll never work globally."
👆 Click to reveal
Layers, Not Blocksize

The 7 TPS myth misses how Bitcoin scales.

Layer 1 (Base layer): Settlement layer for large transactions. Like the Federal Reserve—slow, secure, final.

Layer 2 (Lightning Network):

  • 1,000,000+ TPS capacity
  • Instant settlement
  • Near-zero fees ($0.001)
  • Already processing millions of payments

Analogy: Visa doesn't settle on the Fed. Lightning doesn't settle every coffee on-chain. That's how scaling works.

Result: El Salvador uses Lightning for daily purchases. Strike moves billions instantly.

⚡ Try Lightning Demo
📊
Too Volatile
"Bitcoin is too volatile to be a useful currency or store of value."
👆 Click to reveal
Volatility Is a Feature (For Now)

You're right—Bitcoin is volatile. Here's why that's expected:

Price discovery phase: Bitcoin is transitioning from $0 to global reserve asset. This takes decades, not years.

Volatility is decreasing:

  • 2011-2013: 100%+ swings common
  • 2017-2019: 80% drawdowns
  • 2020-2024: 50-70% drawdowns, faster recovery

Zoom out: Every 4-year period in Bitcoin history has been profitable. 100% of holders who waited 4+ years are in profit.

The trade-off: Volatility is the price of admission to the best-performing asset in history. As adoption grows, volatility decreases.

👤
Completely Anonymous
"Bitcoin transactions are completely anonymous and untraceable."
👆 Click to reveal
Pseudonymous, Not Anonymous

This is backwards—Bitcoin is the most transparent financial system ever created.

The Reality:

  • Every transaction: Permanently recorded on a public blockchain
  • Chain analysis: Companies like Chainalysis track 95%+ of funds
  • Exchange KYC: Most entry/exit points require identity verification

Pseudonymous means: Your address doesn't show your name, but once linked to your identity (via exchange, purchase, etc.), your entire history is visible.

For privacy: Bitcoin requires active effort (CoinJoin, careful UTXO management). Cash is actually more anonymous.

🔒 Privacy Tools Demo
🤷
No Real Applications
"Bitcoin doesn't have any real-world applications. It's just speculation."
👆 Click to reveal
Already Changing Lives

Bitcoin is being used daily by millions:

Remittances:

  • $700 billion/year sent by migrant workers
  • Traditional fees: 6-10%
  • Bitcoin/Lightning fees: less than 1%

Financial inclusion:

  • 1.4 billion adults have no bank account
  • Bitcoin requires only a smartphone
  • No credit check, no permission needed

Savings protection:

  • Argentina: 140%+ inflation → Bitcoin adoption surging
  • Turkey: 85% inflation → Bitcoin as savings
  • Nigeria: Currency controls → Bitcoin as escape valve

Corporate treasury: MicroStrategy, Tesla, Block, and 50+ public companies hold Bitcoin.