-
@ The Modern Sovereign
2025-05-26 00:30:22
The Appeal to Authority Fallacy – And Why It Doesn’t Work with Bitcoin
“Warren Buffett says Bitcoin is worthless—so it must be, right?”
Not necessarily.
This is a classic example of the appeal to authority fallacy: assuming something is true just because a powerful or respected figure says it is.
Bitcoin should be evaluated on its merits, not on opinions—even from financial legends. Buffett built his success in traditional markets, not decentralized digital assets. Expertise in one field doesn’t automatically translate to another.
Instead of blindly trusting authority, ask:
1️⃣ Is Bitcoin decentralized?
2️⃣ Is it scarce (21 million max)?
3️⃣ Is it secure and censorship-resistant?
If the answers are yes, maybe it’s time to think independently—because truth isn’t determined by titles.
#Bitcoin #LogicalFallacies #ThinkForYourself https://image.nostr.build/7d84c11e0c4322df4e58aab7523e8d9042b72fce2e966c3fc95d023402edb377.jpg