Topic: [2019-10-09] Forbes: Bitcoin Can Help Fight Authoritarian Govts - page 2. (Read 215 times)
October 09, 2019, 02:11:55 AM
Also Bitcoin can help authoritarian govts evade international bans. There's always a back side of the medal.
October 09, 2019, 01:48:59 AM
Steak one day and dog food the next? What is he talking about, that's certainly not the Bitcoin I know of.
Love the irony we see of more and more each day. Forbes talking about trust in an asset they would have been more than happy to diss in the years before. A publication from new media carrying/promoting an illustration of revolution and yet talking about someone from the old school of money having a "deep understanding" of Bitcoin.
Love the irony we see of more and more each day. Forbes talking about trust in an asset they would have been more than happy to diss in the years before. A publication from new media carrying/promoting an illustration of revolution and yet talking about someone from the old school of money having a "deep understanding" of Bitcoin.
October 08, 2019, 10:20:43 PM
Quote
Forbes chairman and editor-in-chief Steve Forbes has described Bitcoin (BTC) as a “high-tech cry for help” driven by a lack of trust in traditional currencies.
Speaking to Ark Invest CEO Cathie Wood on her company’s podcast, he said Bitcoin's challenge now is becoming a coin as trustworthy as gold — an assert that has earned its status the hard way over thousands of years.
Although Forbes starts out by saying that Bitcoin prices fluctuate too much — “steak one day, dog food the next” — he shows a deep understanding of what Bitcoin is and its current and future role in the financial markets...
You can read more of this here...
I think it would be easy to agree with this guy in his assessment on Bitcoin and one of the potential use it can play in many parts of the world. We know that there are some governments lead by oppressive leaders who are so willing to inflict pain and suffering to their very people just to stay in power and accumulate more wealth at the expense of the future of their countries. Yes, Bitcoin can help these people though we know that Bitcoin should not be taken as the be-all solution to their political and economic problem but just a single tool one can use to maybe evade the tight control of the deranged government.
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