2024

Samantha

Bitcoin

REAL

MN Coin

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
The Crypto Twitter has been set abuzz by the recent anti-Bitcoin statement made by a Bloomberg and CNBC contributor Samantha LaDuc. Major Bitcoiners – Michael Saylor, Samson Mow and <a href="https://u.today/max-keiser-issues-important-warning-about-solana-sol" rel="noopener noreferrer nofollow">Max Keiser</a> have responded to her anti-Bitcoin rethoric on their Twitter accounts.
Keiser believes that such criticism against Bitcoin is likely to propel it towards $220,000.
<h2 id="laduc-s-bitcoin-criticism">LaDuc’s Bitcoin criticism&nbsp;</h2>
In a <a href="https://twitter.com/SamanthaLaDuc/status/1746363515022049555" rel="noopener noreferrer nofollow">recent tweet</a>, LaDuc took a dig at Bitcoin, stating that it is “rogue money” and that “there is no premium in scarcity” of the world’s flagship cryptocurrency.
The “newly-born” <a href="https://u.today/satoshi-nakamotos-idea-of-bitcoin-broken-by-etf-sec-chairman-claims" rel="noopener noreferrer nofollow">Bitcoin critic</a> LaDuc has agreed that “Bitcoin iS a “convertible currency with an equivalent value in REAL CURRENCY”, stressing that “real currency” in her view is not BTC but fiat, to which Bitcoin can be exchanged at any time.
The main attribute of money per her is that it has to be forced/enforced on users by the government. However, according to her, “the state does not force/enforce bitcoin as a real currency, so it is not money.”
<blockquote>
 Samantha LaDuc (<a href="https://twitter.com/SamanthaLaDuc?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@SamanthaLaDuc</a>) “THE STATE does not force/enforce bitcoin as a real currency, so it IS NOT money.” MY TAKE: Money existed before the state. <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> separates money from state. Bitcoin will kill the state. The proof is <a href="https://twitter.com/hashtag/ElSalvador?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#ElSalvador</a>: Making <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> legal… <a href="https://t.co/ByNYcBWjZG" rel="noopener noreferrer nofollow">https://t.co/ByNYcBWjZG</a>— Max Keiser (@maxkeiser) <a href="https://twitter.com/maxkeiser/status/1746557120709898415?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 14, 2024</a>
</blockquote>
She admits that Bitcoin can be traded and transacted but she insists that BTC is not money, except for those who does not have access to “real money”: “For those who need it, I agree it is a powerful, effective payment system.” Then she added that “Bitcoin is ROGUE MONEY, which is on the opposite spectrum to sound money.” It does not meet the definition of money, LaDuc believes.
<h2 id="max-keiser-and-other-bitcoiners-respond">Max Keiser and other Bitcoiners respond</h2>
Max Keiser took to Twitter to respond to Samantha LaDuc. He stated that money existed before the state and “Bitcoin separates money from state. Bitoin will kill the state.”
He referred to the El Salvador case, saying “making Bitcoin legal tender is re-inventing the state and creating a masterpiece of governance.” He also stated in the comment to his tweet that Bitcoin is still headed for $220,000.
<blockquote>
 Now. What universe are you?— Max Keiser (@maxkeiser) <a href="https://twitter.com/maxkeiser/status/1746559955979686084?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 14, 2024</a>
</blockquote>
Bitcoiner Samson Mow, chief at Jan3, also commented on LaDuc’s tweet. His <a href="https://twitter.com/Excellion/status/1746648891557286278" rel="noopener noreferrer nofollow">Twitter post</a> had a sarcastic cast to it: “Bitcoin is Rogue Money maintained by Shadowy Super-Coders and used by Laser-eyed Toxic Psychopaths.”
Mow also offered a comparison of Bitcoin to the limited number of days within a year, stating that “time is valuable, and that we only have a limited amount of it.”
<blockquote>
 Serious question:If one Year is measured in units of "Days," and there are over 365 of those (and you can even divide them into minutes and seconds!), HOW can they claim that time is valuable, and that we only have a limited amount of it.<a href="https://twitter.com/SamanthaLaDuc?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@SamanthaLaDuc</a>?— Samson Mow (@Excellion) <a href="https://twitter.com/Excellion/status/1746622957055844449?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 14, 2024</a>
</blockquote>

Bitcoin to $220,000 – Max Keiser Expects Price Surge As BTC Sees Big New Attack

Table of Contents

U_Today

Other articles published on Jan 15, 2024

Dogecoin’s 30-Day Price Drop Continues. Are BONK, SNEK, and NUGX Better Options?

Top Analyst Predicts Bitcoin To Hit $300K Amid Pre-Halving Surge

HugeWin Announces New Crypto Casino (15 Jan)

Popular Analyst Predicts Dogecoin Price Rebound To $0.1

JP Morgan: Bitcoin ETFs Could See $25 Billion Inflows From Existing Products Without Fresh Capital

Shiba Inu: How Much is Needed to Reach $1M at $0.05?

Join our free newsletter for daily crypto updates!