2013-08-15 FOX News - Bitcoin Investigation: Is this the end of virtual currency - page 2.

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

Quote from: Raoul Duke on August 16, 2013, 06:10:13 PM

Quote from: paraipan on August 16, 2013, 01:57:13 PM

No one gets it, when you make something illegal it's value rises, alcohol or drugs are a good example of this.

I disagree. I've witnessed the exact opposite of what you describe. YMMV, ofcourse, and currency is probably on a whole new level that drugs, alcohol, and tobacco are not.

Unless you believe that the whole world respects USA polices, I doubt Bitcoin will go away. When the dollar eventually devalues to nothing, Bitcoin will be the only way to get your wealth out of the country. The price will go up.

Raoul Duke

legendary

Activity: 1358

Merit: 1002

Quote from: paraipan on August 16, 2013, 01:57:13 PM

No one gets it, when you make something illegal it's value rises, alcohol or drugs are a good example of this.

I disagree. I've witnessed the exact opposite of what you describe. YMMV, ofcourse, and currency is probably on a whole new level that drugs, alcohol, and tobacco are not.

paraipan

legendary

Activity: 924

Merit: 1004

Firstbits: 1pirata

Quote from: Raoul Duke on August 15, 2013, 06:26:33 PM

Quote from: 13Charlie on August 15, 2013, 06:16:59 PM

LOL - Most of it is correct.

http://www.foxnews.com/on-air/shepard-smith/index.html

TL;DR: Bitcoins, B-I-T-C-O-I-N-S - It's available to you inside the google.

Roll Eyes

LOL i never laughed so hard in years, funny guy Grin

Edit: No one gets it, when you make something illegal it's value rises, alcohol or drugs are a good example of this.

Operatr

hero member

Activity: 798

Merit: 1000

www.DonateMedia.org

Quote from: Morblias on August 16, 2013, 12:04:07 PM

dumb lady: "Well come on, do you think the IRS is going to stand by and let us invent an entire new currency that we can hide what we buy and what we do and what we earn? No way."

dude: "We did. 4 years ago. It's been going on for 4 years."

I loved that part. Also, I love how she thinks just because the government cannot regulate something that it should become illegal.

Yeah I think a lot of people are in for a big surprise with Bitcoin, I hope they thank Satoshi when he is done saving our economies bloated dead ass.

UPENtXF

member

Activity: 125

Merit: 10

Quote from: Raoul Duke on August 15, 2013, 06:26:33 PM

Bitcoins, B-I-T-C-O-I-N-S - It's available to you inside the google.

This is unforgettable! Funny statement of the year! Cheesy

It was almost like a free Bitcoin infomercial too!

Morblias

hero member

Activity: 576

Merit: 500

dumb lady: "Well come on, do you think the IRS is going to stand by and let us invent an entire new currency that we can hide what we buy and what we do and what we earn? No way."

dude: "We did. 4 years ago. It's been going on for 4 years."

I loved that part. Also, I love how she thinks just because the government cannot regulate something that it should become illegal.

Le Happy Merchant

hero member

Activity: 634

Merit: 500

Quote from: HeliKopterBen on August 15, 2013, 07:17:07 PM

Except when the guest says "you can download software onto your desktop to mine bitcoins." This isnt 2009.

He says "and you can actually generate your own bitcoins on your desktop... 50 at a time"

But otherwise this is pretty good.

pedrog

legendary

Activity: 2786

Merit: 1031

Quote from: 420 on August 15, 2013, 07:58:43 PM

Quote from: superduh on August 15, 2013, 07:56:36 PM

Quote from: HeliKopterBen on August 15, 2013, 07:17:07 PM

Except when the guest says "you can download software onto your desktop to mine bitcoins." This isnt 2009.

he's a big newb!

and if you want gold you can get a pan and go to a river and sift and pan for gold!

Yes, if that guy is an editor at Mashable he should know better!

420

hero member

Activity: 756

Merit: 500

Quote from: superduh on August 15, 2013, 07:56:36 PM

Quote from: HeliKopterBen on August 15, 2013, 07:17:07 PM

Except when the guest says "you can download software onto your desktop to mine bitcoins." This isnt 2009.

he's a big newb!

and if you want gold you can get a pan and go to a river and sift and pan for gold!

superduh

hero member

Activity: 602

Merit: 500

Quote from: HeliKopterBen on August 15, 2013, 07:17:07 PM

Except when the guest says "you can download software onto your desktop to mine bitcoins." This isnt 2009.

he's a big newb!

420

hero member

Activity: 756

Merit: 500

i can't remember any of these suckers mentioning a mining pool

they get the mining part so wrong

Quote from: pedrog on August 15, 2013, 07:41:00 PM

WOW, did I just watched facts on Fox News??!!1

'Studio B'

for the limited smart audience as opposed to the real mainstream

man everytime that blonde talks...........lame (avoided a swear here)

and don't forget

"It's available to you inside the GOOGLE!"

pedrog

legendary

Activity: 2786

Merit: 1031

WOW, did I just watched facts on Fox News??!!1

And this should be the new bitcoin slogan:

"Once you can buy alcohol, it's real"

TiagoTiago

hero member

Activity: 616

Merit: 500

Firstbits.com/1fg4i :)

Quote from: Bitcopia on August 15, 2013, 07:33:11 PM

Quote from: HeliKopterBen on August 15, 2013, 07:17:07 PM

Except when the guest says "you can download software onto your desktop to mine bitcoins." This isnt 2009.

Or that the he thinks through mining on your desktop you will receive 50 BTC. Or that they don't understand how the blockchain works. Or that the lady in the red dress is completely clueless and the other two are not far ahead of her. Or the fact that all three are under the impression that it can simply be made illegal. If there was a feasible approach as simple and thoughtless as making decentralized virtual currencies illegal, regulators and agencies wouldn't be having discussions. It would probably just be done.

It would be nice if one of the largest media outlets in the world had a deep understanding of what they are talking about.

For being Fox News they actually did quite a good job...

Bitcopia

hero member

Activity: 715

Merit: 500

Quote from: HeliKopterBen on August 15, 2013, 07:17:07 PM

Except when the guest says "you can download software onto your desktop to mine bitcoins." This isnt 2009.

Or that the he thinks through mining on your desktop you will receive 50 BTC. They are all relatively clueless.

It would be nice if one of the largest media outlets in the world had a deep understanding of what they are talking about.

superduh

hero member

Activity: 602

Merit: 500

someone send that dude reporter a bitcoin or fraction. i think he deserves it for being somewhat positive and interested

HeliKopterBen

hero member

Activity: 622

Merit: 500

Except when the guest says "you can download software onto your desktop to mine bitcoins." This isnt 2009.

The Bitcoin Co-op

legendary

Activity: 1268

Merit: 1006

Quote from: TiagoTiago on August 15, 2013, 06:55:51 PM

That was surprisingly positive and accurate, relatively speaking.

Oh, really? Wow, I guess I judged them too soon. I didn't even bother to watch it.

TiagoTiago

hero member

Activity: 616

Merit: 500

Firstbits.com/1fg4i :)

That was surprisingly positive and accurate, relatively speaking.

mufa23

legendary

Activity: 1022

Merit: 1001

I'd fight Gandhi.

AWESOME!

The Bitcoin Co-op

legendary

Activity: 1268

Merit: 1006

Fuck FOX News. They ruined my country.

Then again, without FOX News, I might not have moved to Canada and become a part of the Bitcoin movement, here. Grin

Topic: 2013-08-15 FOX News - Bitcoin Investigation: Is this the end of virtual currency - page 2. (Read 3620 times)