My 6 Favorite Bitcoin Misconceptions

Bitcoin is an exciting field to be a part of because it’s new, it’s innovative, and it interests a broad spectrum of people. From traders to programmers, economists to venture capitalists, bitcoin has made a big splash by changing the way we think about digital money. As a result of such widespread interest as well as its novelty, many people have heard of bitcoin but know little more than that. In my experience, people seem to know exactly one thing about bitcoin--and more often than not that one thing is either wrong or wildly skewed from lack of context. Here is the list of my favorite bitcoin misconceptions - things people ‘know’ about bitcoin when I tell them I started a bitcoin company: