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Several myths and rumors have tried their best to dissuade bitcoin diehards, and potential bitcoin diehards, to quit investing in bitcoin. The mischaracterization of bitcoin can keep people from taking advantage of bitcoin and cryptocurrency. Because of this, a complete analysis of cryptocurrency is rendered impossible.
But, we will try our hand at it as we myth-bust some common bitcoin myths in myth-busting common bitcoin misconceptions.(...)
Anybody whose interest suddenly peeks in cryptocurrency and bitcoins, immediately feels the need to educate themselves about the concept. The first thing they think of doing is looking up bitcoins online. But the internet has a jumbled mush of information and for something as fin-tech-ie as bitcoins needs to be properly explained.(...)