Mr. Jones said that...
That's not Mr. Jones. That's David Knight, reading from a report by The Dollar Vigilante:
Quote
TDV Editor-in-Chief, Jeff Berwick
Topic: 2013-03-29 Infowars Nightly News, World's First Bitcoin ATM in Cyprus (Read 859 times)
March 30, 2013, 03:38:05 AM
That's not Mr. Jones. That's David Knight, reading from a report by The Dollar Vigilante:
March 29, 2013, 10:32:50 PM
Unfortunately, there are several mistakes in this video:
- Mr. Jones said that "Bitcoin is going to install and ATM". Of course, there is not Bitcoin organization.
- It was never clear that the person who said that they were going to put a bitcoin ATM in Cyprus really intends to do it.
- Mr. Jones msaid that "Good money drives out bad." The saying is actually exactly the opposite, "Bad money drives out good."
- "Bad money drives out good" is not Gresham's Law, though they are similar.
Agree with everything you just said.
Additionally we have been hearing about these bitcoin ATMs for years. I don't want to hear any more about them until you can actually SHOW ME one that is out there, not in a conference but actually on the field, right now, and in use.
So far they are all hype with no substance.
March 29, 2013, 10:20:45 PM
love the youtube comments again
March 29, 2013, 10:09:32 PM
Unfortunately, there are several mistakes in this video:
Edit: The person in the video is David Knight, not Alex Jones.
- Mr. Knight said that "Bitcoin is going to install and ATM". Of course, there is not Bitcoin organization.
- It was never clear that the person who said that they were going to put a bitcoin ATM in Cyprus really intends to do it.
- Mr. Knight said that "Good money drives out bad." The saying is actually exactly the opposite, "Bad money drives out good."
- "Bad money drives out good" is not Gresham's Law, though they are similar.
Edit: The person in the video is David Knight, not Alex Jones.
March 29, 2013, 07:47:40 AM
That bitcoin ATM in Cyprus will yet be this rally undoing. It is such a catching meme now - but it will grow old quickly and I am pretty sure that there will be no bitcoin ATM in Cyprus in this year.
Add to that this photoshopped picture.
March 29, 2013, 06:01:19 AM
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