Have you heard about cryptocurrencies? They're like digital money, but some people spread scary stories to make them seem bad. This is called FUD, which means Fear, Uncertainty, and Doubt. These stories aren't always true!
- FUD is false or exaggerated news about crypto.
- Famous people sometimes spread FUD, even if they invest in related things.
- Some common FUD claims are that crypto is worthless, used for crimes, bad for the environment, or will be banned.
- It's important to check facts from many sources before believing something about crypto.
FUD Claim | Reality |
---|---|
Crypto is a bubble. | Crypto has been around for years; some projects fail, but others grow. |
Crypto has no value. | Many things have value because people believe in them. |
Crypto is for criminals. | While used in some crimes, it's also used by many legitimate businesses and individuals. |