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Topic: 2013-3-22 Fox News: As Cyprus Implodes, Bitcoin Interest Explodes (Read 1148 times)

legendary
Activity: 1078
Merit: 1003
God bless Fox News! A real channel!

You make me laugh, sir.  Why must you tickle my insides with your words!
sr. member
Activity: 434
Merit: 251
Yep, seems so. For those who don't know, he's the author of "Currency Wars". A smart guy with plenty of connections, so always interesting to hear his thoughts.
hero member
Activity: 560
Merit: 500
Nice to hear Jim Rickards opinion on bitcoin

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People are looking for alternatives because of a loss of confidence in paper money and traditional banking systems

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Gold is a great way to preserve wealth, but it is hard to move around. You do need some kind of alternative and Bitcoin fits the bill. I’m not surprised to see that happening.

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It’s almost a badge of respect when the Treasury starts regulating you,You must be doing something right.

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It’s not a knock on Bitcoin, I’m sure there are criminals using the Bitcoin world, but there are criminals and bad actors in the dollar world as well. The sight of a drug smuggler opening a suitcase full of $100 bills is not unusual.


This "Jim Rickards" fellow seems to get it.
sr. member
Activity: 434
Merit: 251
Nice to hear Jim Rickards opinion on bitcoin

Quote
People are looking for alternatives because of a loss of confidence in paper money and traditional banking systems

Quote
Gold is a great way to preserve wealth, but it is hard to move around. You do need some kind of alternative and Bitcoin fits the bill. I’m not surprised to see that happening.

Quote
It’s almost a badge of respect when the Treasury starts regulating you,You must be doing something right.

Quote
It’s not a knock on Bitcoin, I’m sure there are criminals using the Bitcoin world, but there are criminals and bad actors in the dollar world as well. The sight of a drug smuggler opening a suitcase full of $100 bills is not unusual.
legendary
Activity: 1330
Merit: 1000
Bitcoin
God bless Fox News! A real channel!
hero member
Activity: 560
Merit: 500
Quote
the faceless operators of decentralized electronic currency Bitcoin must be smiling somewhere.

Thank god, for a moment I thought Fox news was in favor of bitcoin. A sign to sell if there ever was one.
sr. member
Activity: 374
Merit: 250
Tune in to Neocash Radio
http://www.foxbusiness.com/investing/2013/03/22/bitcoin-interest-explodes-as-cyprus-nearly-implodes/

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As policymakers in Europe threaten the sanctity of bank deposits in crumbling Cyprus, the faceless operators of decentralized electronic currency Bitcoin must be smiling somewhere.
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