Bill Gates: "Bitcoin is a techno tour de force." - page 3.

fitty

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Quote from: crazy_rabbit on May 08, 2013, 08:38:21 AM

Interesting quote,"I think Bitcoin is Rat Poison".

I agree. The banks are the Rats.

The full quote is even funnier. Gotta love when people admit they have no clue but still go on to share their opinion.

Interviewer: Do you understand what they're trying to do with it?

Charlie Munger: No.

Interviewer: What do you think of it?

Charlie Munger: I think it's rat poison.

molecular

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Quote from: proudhon on May 08, 2013, 09:06:28 AM

I thought Gates came off as quite complimentary with that little statement. Pretty cool.

Edit: Shit! For some reason I thought this thread was only in "Economics" and not the spec forum. I'm outta here.

we need you, come back!

w00t

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Quote from: FNG on May 08, 2013, 08:50:42 AM

For those not familiar with the term

tour de force
[toor duh fawrs, -fohrs; French toor duh fawrs] Show IPA
noun, plural tours de force [toorz duh fawrs, -fohrs; French toor duh fawrs] Show IPA .
1. an exceptional achievement by an artist, author, or the like, that is unlikely to be equaled by that person or anyone else; stroke of genius: Herman Melville's Moby Dick was a tour de force.
2. a particularly adroit maneuver or technique in handling a difficult situation: The way the president got his bill through the Senate was a tour de force.
3. a feat requiring unusual strength, skill, or ingenuity.

That's a pretty bold statement from Bill F'ing Gates

Thanks I appreciate it as I'm a non-native speaker and was unable to find some quick definition.

Btw. it's great news!

Rygon

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Quote from: lophie on May 08, 2013, 11:12:07 AM

Watch out for the next Windows update it might contain a miner trojan Shocked

At least then they would have an excuse for computers on Windows running slow...

lophie

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Watch out for the next Windows update it might contain a miner trojan Shocked

oakpacific

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Quote from: kiko on May 08, 2013, 09:01:41 AM

Really freaky that he used the exact same phrase that his rival Eric Schmidt used a month ago:

https://bitcointalksearch.org/topic/2013-04-23-cnbc-eric-schmidt-jared-cohen-on-the-digital-age-185147

inb4 Bilderberg, NLP, tinfoil...

Not really that strange, they were both geeks, and they both offered compliments as geeks, it goes like " Very 1337 Satoshi, it's one great system you have designed."

RationalSpeculator

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This bull will try to shake you off. Hold tight!

That's very interesting indeed! Love it what Bill Gates said

It was also my first reaction 'governments will never allow this'.

But here too we must go with the facts. Governments are up until now allowing it, and as long as they do, it will grow rapidly and will change the world. (no this is not bull talk! I'm still short term bearish;) )

FlorianW

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Quote from: impulse on May 08, 2013, 10:35:05 AM

Bwahahaha! Mungers response is maybe the best endorsement of Bitcoin I have seen this year. Gates is playing it pretty smart, he clearly recognizes the potential but does not want to make any definitive statements that he may regret someday (his 640k comment will haunt him to his death), and it does not serve him to either endorse or criticize Bitcoin.

+1
“First they ignore you, then they laugh at you, then they fight you, then you win.” (Gandhi)

Come-from-Beyond

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Bill Gates will convert 50% of his wealth into bitcoins soon. What price should we expect?

RoadToHell

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I'm sure he's pushing MS to get their own altcoin out there. Given their penchant for ambiguous names that co-opt standard definitions, they'll probably name it something like MSbitcoin, bitcoin.dollars, or MSBucks.

impulse

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Bwahahaha! Mungers response is maybe the best endorsement of Bitcoin I have seen this year. Gates is playing it pretty smart, he clearly recognizes the potential but does not want to make any definitive statements that he may regret someday (his 640k comment will haunt him to his death), and it does not serve him to either endorse or criticize Bitcoin.

lebing

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Quote from: ManBearPig on May 08, 2013, 09:13:02 AM

That was painful to watch. How many times has the bloke in the middle flatlined in the past year do you think?

Dinosaurs. If you've made billions on the old, corrupt financial system, why would you have anything positive to say about this "new-fangled internet money"?

Bill Gates looks (and talks) like a sprightly teenager amongst that lot!

indeed, lol. At least Warren Buffett was smart enough to say he didn't know.

ManBearPig

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"Don't go in the trollbox, trollbox, trollbox"

That was painful to watch. How many times has the bloke in the middle flatlined in the past year do you think?

Dinosaurs. If you've made billions on the old, corrupt financial system, why would you have anything positive to say about this "new-fangled internet money"?

Bill Gates looks (and talks) like a sprightly teenager amongst that lot!

SAQ

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Quote from: proudhon on May 08, 2013, 09:06:28 AM

I thought Gates came off as quite complimentary with that little statement. Pretty cool.

Edit: Shit! For some reason I thought this thread was only in "Economics" and not the spec forum. I'm outta here.

Lol for some reason you can not keep out dude.

Your heart is here.

proudhon

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I thought Gates came off as quite complimentary with that little statement. Pretty cool.

Edit: Shit! For some reason I thought this thread was only in "Economics" and not the spec forum. I'm outta here.

Newscastix

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Quote from: kiko on May 08, 2013, 09:01:41 AM

Really freaky that he used the exact same phrase that his rival Eric Schmidt used a month ago:

https://bitcointalksearch.org/topic/2013-04-23-cnbc-eric-schmidt-jared-cohen-on-the-digital-age-185147

inb4 Bilderberg, NLP, tinfoil...

nice find

kiko

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Really freaky that he used the exact same phrase that his rival Eric Schmidt used a month ago:

https://bitcointalksearch.org/topic/2013-04-23-cnbc-eric-schmidt-jared-cohen-on-the-digital-age-185147

inb4 Bilderberg, NLP, tinfoil...

jl2012

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Quote from: pera on May 08, 2013, 08:25:07 AM

http://video.foxbusiness.com/v/2359385547001/

Does Bill Gates owns some bitcoins? Kiss

Could someone please transcribe the whole discussion about Bitcoin? I'm not native and could only understand 70% of it

alexeft

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Quote from: crazy_rabbit on May 08, 2013, 08:38:21 AM

Interesting quote,"I think Bitcoin is Rat Poison".

I agree. The banks are the Rats.

It is bank poison, yes indeed!!!

FNG

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For those not familiar with the term

tour de force
[toor duh fawrs, -fohrs; French toor duh fawrs] Show IPA
noun, plural tours de force [toorz duh fawrs, -fohrs; French toor duh fawrs] Show IPA .
1. an exceptional achievement by an artist, author, or the like, that is unlikely to be equaled by that person or anyone else; stroke of genius: Herman Melville's Moby Dick was a tour de force.
2. a particularly adroit maneuver or technique in handling a difficult situation: The way the president got his bill through the Senate was a tour de force.
3. a feat requiring unusual strength, skill, or ingenuity.

That's a pretty bold statement from Bill F'ing Gates

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