What a waste of time that was.
Ty, I was 2min in and paused reading this thread. I closed the tab now.
Curiosity got the best of me and I'm actually glad. The video is quite decent and his points have a lot of merit and I suggest people to at least listen to this presentation. Of course he is completely oblivious to the invisible regulations by strictly market consumers (i.e. the free market) and wrongly thinks we must have governmental regulatory tools to avoid volatility which is a shame since I got the feeling he is pretty intelligent.
Wow 54:40 guy presents a beautiful counterargument to Kenneth Bromberg's argument that Bitcoin is not a currency because it doesn't have sufficient future value guarantees to which he doesn't have an answer for.
The thing I love most about this video is that people are having very deep and philosophical conversations about something that didn't even exist 4 years ago.