RE: Dealing With The Naysayers
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I've watched Gundlach's interview, it was with Raoul Pal on Real Vision, and he's not really a naysayer. It doesn't sound as bad when you listen to the actual conversation, maybe the article you read was trying to exaggerate what he said.
He basically started by saying that Bitcoin is a lie because it is not really anonymous, which I found very funny, since every Bitcoiner has been trying to convince mainstream media that it isn't and that it's a bad idea to buy drugs with it.
So this shows how far he is from the crypto world, believing that people buy Bitcoin for its anonymity. Then he went on to say he did recommend people to buy bitcoin twice, and to sell at the top in 2017, but he doesn't want to buy it because he prefers physical art that he can hang on his wall (as in art is also an inflation hedge that doesn't get printed).
And he kept insisting that he isn't a Bitcoin hater. So all in all, not that bad.
Thanks for the clarification.
Yes the idea of using most cryptocurrency for illegal things is absurd since there is no anonymity. As you stated most bitcoiners state this openly.
It is far easier to hide illegal activities using the USD especially since the banks will likely help.
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