Young Price

Had a debate w/ my programming teacher, looking for some points to bring up.

<!-- SC_OFF --><div class="md"><p>So I had a short debate with my programming teacher today, because he says that Bitcoin is a scam. The main points that he brought up were that:</p> <p>A. A decentralized currency cannot be trusted, because it can easily be used to scam the people who use it. (He used Bernie Madoff as a example when talking about scams, amongst other examples, such as FTX)</p> <p>B. Bitcoin cannot be called/used as a currency because of its volatility. He made the claim that a currency must have a stable value.</p> <p>C. He repeatedly brought up the point that "Young people are stupid... they don't know enough to see a scam coming" (Direct Quote)</p> <p>D. A point used against Bitcoin was showing returns if you invested in November of 2021 until today, you would've lost 77% of your investment</p> <p>​</p> <p>What points can I bring up to debate him on this tomorrow? I'm trying to get points to defend bitcoin, and show that a Centralized FIAT currency isn't as amazing as he is claiming it to be.</p> </div><!-- SC_ON -->   submitted by   <a href="https://www.reddit.com/user/BlockingPerson"> /u/BlockingPerson </a> <br/> <span><a href="https://www.reddit.com/r/Bitcoin/comments/z1dpmm/had_a_debate_w_my_programming_teacher_looking_for/">[link]</a></span>   <span><a href="https://www.reddit.com/r/Bitcoin/comments/z1dpmm/had_a_debate_w_my_programming_teacher_looking_for/">[comments]</a></span>