Bitcoin is anonymous:

Reality: Bitcoin is pseudonymous. Every transaction is recorded on the public blockchain.

• If someone links your wallet to your identity, your entire history is exposed.

• You can generate a new address to avoid your transactions being associated with yourself in the future (takes five seconds)

  • Many people recommend changing your bitcoin wallet address every time you send/recieve Bitcoin.
     

 

Bitcoin is only used by criminals:

Reality: Criminal use is a tiny fraction of Bitcoin activity.

• Most illicit finance still happens in cash or through traditional banks.
   

 

Bitcoin has no intrinsic value:

Reality: Bitcoin's value lies in its decentralization, its scarcity, security, and monetary policy. - - 

• Gold doesn’t feed you but stores value.
   

 

You have to buy a whole Bitcoin:

Reality: You can buy fractions of a Bitcoin down to 1 satoshi (0.00000001 BTC).

• You can start with as little as $1.
   

 

Bitcoin is bad for the environment:

Reality: Bitcoin mining does consume energy, but much of it is renewable.

• It incentivizes clean energy use and helps stabilize grids.
   

 

Bitcoin is a scam:

Reality: Bitcoin is open-source, decentralized, and mathematically verifiable.

• Scams happen around it, but Bitcoin itself is legit.
   

 

It’s too late to invest in Bitcoin: 

Reality: Many said this at $1, $100, $10K, and now $100k

• It’s still early in global adoption; Bitcoin may still be undervalued long-term.

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Bitcoin can be easily hacked: 

Reality: The Bitcoin network itself has never been hacked.

• Most hacks involve people using unsafe wallets, exchanges, or scams...not Bitcoin.

• It is important you use trusted exchanges and wallets when managing your Bitcoin.
   

 

Bitcoin is the same as other crypto: 

Reality: Bitcoin is fundamentally different.

• It’s the only truly decentralized, fixed-supply asset

• Most altcoins have central teams, inflation, and control risks
   

 

Governments can ban Bitcoin:

Reality: They can restrict access, but they can’t kill it.

• Bitcoin operates peer-to-peer, like cash or the internet it’s censorship-resistant by design.