Since the birth of Bitcoin, the controversy related to it has never stopped. Because it is fresh enough and lacks references, everyone from students to the president of the United States can say a few words from experience. But after the quarrel, the pros and cons finally refused to accept the other.
So besides fighting on social networks and scolding each other, is there a more interesting way for the two parties to sit down and have a good chat?
The co-founder of LinkedIn believes that the best way is to let the two sides have a rap competition!
Don't talk nonsense, respect the opponent, and let the audience learn knowledge in the duel. Based on this starting point, the first debate Rap video in the currency circle was born——
Fiat Currency VS Cryptocurrency
The player "Satoshi Nakamoto" represents the cryptocurrency led by Bitcoin. He may be a Japanese or a group, but it doesn't matter who he is. The impression brought by Bitcoin has attracted the attention of the world .
The contestant "Hamilton" represents the central bank and legal currency. His portrait is printed on the ten-dollar bill. As the first US Treasury Secretary, he successfully ended the financial chaos such as the empty treasury and heavy debts, and created the The predecessor of the Federal Reserve has a remarkable record.
secondary title
How to respond to controversy with rap?
Controversy 1
Cryptocurrency has no intrinsic value support, and it will eventually collapse and return to zero in an instant.
Rap shot back: "As if banks are still making money for the people, it only makes the rich richer and the poor poorer. Banks serve Wall Street, and cryptocurrencies serve the world."
"Bitcoin has no intrinsic value" is probably the most easily mentioned controversy, but in fact, if you think about the legal currency carefully, if the country does not endorse it, does it have intrinsic value? The so-called intrinsic value support is actually a consensus.
The secret of Bitcoin’s longevity is that it makes everyone realize and believe that it is a fair and just system without a third party, where people can get real property freedom, and the resulting consensus is the value of Bitcoin Where the support is.
Controversy 2
Cryptocurrency is anonymous and cannot be traced back. If you are not careful, the currency will be gone. The legal currency system is very powerful, the money can be traced, and the insurance company will compensate if it is gone.
Rap fires back: "Your property is traceable? Yes, a path to recession."
The centralized world does have the benefits of centralization. There are various third-party financial institutions to protect your assets, but at the cost of privacy.
The third party holds your property information and personal details, and it is not known where these private data will eventually flow. Although the convenience of storing Bitcoin is indeed not as good as the traditional system, it can ensure that your rights are only in your hands.
Controversy 3
Cryptocurrency is a bad medium of exchange, can it be used to visit the dentist? Can I have breakfast? Bitcoin will not be used at the Bitcoin conference.
Rap countered: "No currency can be widely used just after it is born. It takes space and time to make it happen."
Many novices or outsiders will think that cryptocurrency is called the name of currency, but its usage rate in reality is extremely low-indeed, this is the current shortcoming of Bitcoin, but Rome was not built in a day, artificial intelligence developed It took 60 years to get to where we are today, and it has taken more than 80 years from the invention of the first generation of electronic computers to today's Internet.
The development of Bitcoin has only been ten years. Instead of being harsh, we might as well give the cryptocurrency some more time.
Controversy 4
Bitcoin wastes resources and contributes to global warming.
Rap strikes back: "In the traditional currency system, bills in triplicate can destroy a lot of forests."
It is actually a false proposition to say that resources are wasted. If Bitcoin is useless, it is indeed a waste of resources to consume a lot of electricity for mining. But is Bitcoin really useless?
No matter how much you dislike Bitcoin, you cannot deny the fact that Bitcoin has become a hard currency in countries with collapsed fiat currency and severe inflation. Bitcoin was born in the financial crisis. Its role is not to replace one of the 180 currencies in the world, but to be the 181st and become a new choice.
Controversy 5
Cryptocurrencies are used for crimes such as buying and selling drugs on the dark web.
Rap hits back: "The vast majority of crimes use dollars, not blockchain."
Around 2013, it is an undeniable fact that cryptocurrencies such as Bitcoin were widely used on the dark web. Today, however, that percentage has dropped significantly, with the Russian central bank pointing out: “Criminals prefer to accept banknotes rather than digital currencies.”
epilogue
epilogue
Rap, as the most straightforward way of expressing quarrels with clear opinions, is very easy to generate sparks in the collision of opinions, and this time it is led by an outsider-LinkedIn's Hoffman. His original intention is not to suppress the traditional financial system. On the contrary, He hopes to use the opportunity to broaden the discussion about current and future cryptocurrencies while encouraging clearer regulation.
In fact, no matter who wins or loses after the debate, more outsiders can learn about cryptocurrencies. After all, being invisible is the scariest thing compared to denying it.
It is absurd to say that one of the debaters is a deceased person and the other is an unknown person, but this witty combination has been well received. This 6-minute video has more than 500,000 views in less than 3 days.
The story is not over yet. On the day the video was released, Hoffman launched a vote on Twitter: "Who won this debate: Hamilton or Satoshi Nakamoto?"
In the end, Satoshi Nakamoto won with 72% of the votes.
