Bitcoin’s price has been dropping a LOT in the past few days and that might have been exacerbated by first the Tether FUD article and now the Double Spend attack article spreading around. But before just writing it off as FUD I want to take this opportunity to dive DEEPER into how Bitcoin works and why this isn’t really anything to worry about at all. In fact this is exactly how Bitcoin was designed to work and Bitcoin’s system is safer and stronger than ever. It definitely seems like someone wanted to package this normal event and turn it into some FUD so they can scoop up some cheaper Bitcoin and buy it at a discount compared to the ATH prices of last week. Anyways let me know if there’s anything I can help explain further to soothe your worries and enhance your understanding of Bitcoin so we can have DIAMOND hands together to HODL strong.
BitMEX Research original tweet: https://twitter.com/BitMEXResearch/status/1351862939452641286
BSV guy tweet: https://twitter.com/justicemate/status/1352092084346339332
Andreas’ tweet: https://twitter.com/aantonop/status/1352258125932371968
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1:07 Summary of Article
2:49 Why Bitcoin is fine – Full explanation
7:32 Why the FUD?
#Bitcoin #DoubleSpend #BTC