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The smile furthers the reminiscent look.
The erratic country writes the belief.
No value...you know that values are subjective right? Not? Then go on mises.org and educate yourself unless you want to sound like smartass that actually has no idea of what he's talking about. Just a friendly advice brother ;)
Oh, I did sell when the panic of the simple minded became obvious. Sold at 180€, and bought again at 80€. It's back to 130€ now, and I have about 50% more bitcoins than before. You didn't use the opportunity to make money off of fools? Big mistake.
It makes me think that if the interview was 25 years ago it would be about "I don't trust this internet thing, it's all about porn. People should not get involved with the internet" Change scares people. I hate when he says it's mostly about drugs, etc. That is total BS.
Yes and we've all heard about bank accounts being hacked into and identities being stolen, etc. Chris is a good guy but he totally misses the point that Bitcoin can be used to transfer money anywhere in the world for free...which will be a HUGE advantage for those fleeing tyrannical states where the government has shut down being able to move money out of the country.
"in 2011 people did panic and it was worth only one penny"
The data is out there, tell me when in 2011 a bitcoin was only worth a penny. The lowest closing value at Mt.Gox in all of 2011 was on 2011-01-03 at 0.295 dollars. It has never fallen below that value to this day. In fact, it has never fallen below 2.20 dollars during or after the "panic" of 2011.
Go ahead and prove me wrong.
Partly correct. Here is the Oxford dictionary definition of fiat money. "Inconvertible paper money made legal tender by a government decree." In other words one is forced to use it because government says so. Monopoly money is paper but it is not considered fiat money.
Hey go right ahead if you can create something that has value and try to convince others that it does. I for one am not one of those people. We know this ends badly based on history.I would urge you to watch Chris Duane's videos on this subject where in 2011 people did panic and it was worth only one penny. Bitcoin services have already been hacked into. They are not secure, and there is absolutely no tangible value at all.No matter how hard man tries at alchemy it always fails and fails badly.
Bitcoin is just another ponzi scheme. Jeff you should be ashamed of yourself. You said you hold real money (precious metals) but you actually promote this BS bitcoin because you want to make few bucks. Thats fucked up for you to turn your back on the people.
I am now sending all your emails to my spam folder.
I really cant believe this.
Again, you are being a backstabber you asshole.
I hate the fact reporters asks "you can buy drugs" with bitcoin as if they try to discredit bitcoin's legitimacy. And here is the answer anyone should answer if a reporter asks that question:
"US Dollar is the most popular currency to buy any illegal items on earth. And the amount of US Dollar being used for illegal drugs purchases alone are in the billions per year, which makes the amount of bitcoins used for same looks like a drop of water compared. So what's your point asking that question?"
Man has throughout the centuries have tried to put a value on something that doesn't have any. Bitcoin is no different. I do like the idea of a decentralized monetary system however. If I had Bitcoin I would try to get rid of it as fast as I can by buying a good or a service even if it means buying a hooker, a joint, or an AR-15 (lol). In all seriousness, this Bitcoin has fallen to zero before and you are taking a risk of that happening again since it is just code and has no value.
Few months ago I would still get sick hearing that popet calling $ real hard currency but today this shot just made me lough my arse of. Still I feal a bit sad about normal simple (good) people around me who have no idea where the worl standing today and how they get fleesed tomorow. Czech Republick is full of them. piece.
Good job Jeff. You clearly understand that by remaining calm and staying focused you can reach the sheeple. Next time they ask about shady things, ask them about the shady things those "hard" dollars are good for. My bitcoins don't have traces of cocaine on them :-)
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