This video is a waste of time.
The guy doesn't even know what mining is for and why difficulty is rising.
And many more half-backed answers...
Topic: 2013-12-05 - Video - Bitcoin should be of interest to traditional investors (Read 463 times)
December 06, 2013, 08:12:20 AM
December 06, 2013, 07:28:48 AM
[http://portphillippublishing.com.au/2013/12/bitcoin-world-war-d/][/http://portphillippublishing.com.au/2013/12/bitcoin-world-war-d/]
The interviewee refers to the Bitcoin bubble and says
This is a 20-minute video interview between the author of an Australia-based investment newsletter (Doug Denning) and a guy who writes on tech issues for investors ( Sam Volkering). Volkering's level of tech sophistication is above the mainstream media but well below the level on this board. On the other hand, he has a good understanding of traditional investments and markets IMHO. He comments that price volatility undermines BTC's use as a currency because it's a poor store of value. He thinks that long-term, the best thing for Bitcoin's future would be a crash from present exchange rates, leading to price stability.
The interview is designed to pique conventional investors' interest in attending a conference in Australia being promoted by Denning and his newsletter publisher. Link to the announcement/ad for the conference: [http://www.portphillippublishing.com.au/pro/p11worldreg.php?code=F920PC17][/http://www.portphillippublishing.com.au/pro/p11worldreg.php?code=F920PC17]
The interviewee refers to the Bitcoin bubble and says
This is a 20-minute video interview between the author of an Australia-based investment newsletter (Doug Denning) and a guy who writes on tech issues for investors ( Sam Volkering). Volkering's level of tech sophistication is above the mainstream media but well below the level on this board. On the other hand, he has a good understanding of traditional investments and markets IMHO. He comments that price volatility undermines BTC's use as a currency because it's a poor store of value. He thinks that long-term, the best thing for Bitcoin's future would be a crash from present exchange rates, leading to price stability.
The interview is designed to pique conventional investors' interest in attending a conference in Australia being promoted by Denning and his newsletter publisher. Link to the announcement/ad for the conference: [http://www.portphillippublishing.com.au/pro/p11worldreg.php?code=F920PC17][/http://www.portphillippublishing.com.au/pro/p11worldreg.php?code=F920PC17]
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