Topic: bitcoin on UK TV BBC Newsnight (Read 2109 times)

I completely disagree, if anything it was Max who got the most points across, he himself was the one doing most of the interrupting and I thought his points came through pretty clearly.

i haven't seen any tweets back from him yet. He has been in other media trying to talk down bitcoin yet actually seeming very knowledgeable.

Which is why i feel he may have been deliberately trying to spread mis-information - but i stress this is just a feeling i have no proof.

At the end of the day he has spent 6 years in his job, he naturally will be quite cocky and arrogant about his future. Bitcoin is young, but in 5-10 years his career path will have to change due to it.

I cant see the current financial situation or banks surviving another 5-10 years. They depend on exponential debt expansion and property ponzi schemes. Here is the UK the government has bailed many home-owners out by supporting the housing market. This has caused many people who should of been burnt/bankrupt to not only survive but actually benefit from their greedy borrowing. With the risk removed from the banking system people will go twice as crazy twice as quick. Which is exactly what we see with a housing bubble on top on a housing bubble (in the south east)

When that bubble bursts there will be no bail-outs anymore. And the UK financial system completely implodes.

Under such circumstance and the total lack of faith in fiat currency bitcoin will do very well as will gold. So it wont just be a threat to money-transfer services but the whole banking sector.

What i find incredible is slowly banking leaders are taking their own personal positions in bitcoin. Which leads to the question. If the leaders of the current institutions suddenly realise they will profit from a collapse they will encourage it. 

Bitcoin will boom and burst but always make its way to new highs on average.

Was interesting to see Cook's tweet to @thestalwart saying he was waiting for the go ahead to discredit bitcoin....

Great job Max - he really did well getting his point across on newsnight.

Looks like I won't be able to use world first I any more for transfers to exchanges. 

You sound biased 

YOU WHAT?
 
Us Brits don't call it the Biased Broadcasting Company for nothing ya know. 

It's the BBC. Hosts are not allowed to express bias, on factual programs.

i suspect he knows exactly what bitcoins are (he has shown knowledge elsewhere in other media) and the massive benefits. But he was just possibly adding dis-information? - impossible to say for sure.

ATM's that run day and night consume more electricity than that. And if governments and commentators are so worried about people using any currency to buy drugs, then exactly why are ATM's still functional at 3am? Hmmmm?

I watched the link, I thought it was not bad overall. Max did as much interrupting and talking over as everyone else. The impression that gives is one of a hot debate. And the guy from World First
erred, amazingly badly, when he suggested that "all someone has to do to confiscate your bitcoins is to come along and take it off your computer".

WRONG, DICKHEAD. Maybe they'd do that to you, on your computer, because you're clearly not well informed enough about brain wallets or private key seed phrases. Soon though. Soon you will get it. Un-inflatable, counterfeit-proof, instant, cheap <-> free transactions, worldwide, you can't shutter the network, and confiscation proof. But only when you know how, as this guy has shown us  

Jeremy Cook did a terrible job, absolutely shockingly bad. To show that performance then show your face on work on a Monday?

seems a shame that his name was not in this thread.

Even in his linkedin profile picture he appears to be wiping a tear from his eye.

bitcoin is to banking what e-mails were to letters.




 

It still surprises me that the subject about that bitcoin consumes 3 million $ per day isn't being talked about

I think it's because the skeptics aren't even aware of it so they can't arm themselves with this argument

But then again it's good to have naive people still buying bitcoins so that the price can continue to go up

I got the impression that Max took complete control of the show, even from the host.
It was like watching two poodles barking up a pitbulls leg.
The host did seem relatively neutral though, I'll give her that

I believe they wanted to tell people "bitcoins are bad cuz' u can do bad things with them". It really felt that way, and the presenter did not really want to listen to Max.
Max, however did a good job the few moments he actually had a chance to speak about bitcoin!

http://www.youtube.com/watch?v=VvIaD8LryZ0&feature=youtu.be

Thats the link in all its glory!

"Love the way max mentioned the $148m transferred today at no cost!!!! Bitch slap the forex guy!"


It was indeed a great feeling watching that bitch-slap. The forex guy looks very silly for getting his facts wrong.

Eventually the money transfer ticker on the forex company website will slow to a trickle and then eventually stop.
Its not about if but when. Maybe 5-10 years?

shame the UK press is very very slow on bitcoin. I have been thinking someone should start a bitcoin advertising pool to get the word out.

i agree max did get some points out but he always got interupted mid sentance whentrying to explain how wrong their fud was

The Forex guy seemed agitated and kind of scared angry to me. A good sign. He dismissed it as an "internet fad".  The BBC female presenter "Emily?" just kept banging on about the usual "Dark Web", drugs and child porn.

Love the way max mentioned the $148m transferred today at no cost!!!! Bitch slap the forex guy!

TBH i'm glad many are still indenial about BTC as I want to mine and buy more out of my monthly FIAT wages before it goes to $1000-$2000-$5000+

M

The representative was from World First Currency Exchange - https://www.worldfirst.com - A forex business like TransferWise, not Western Union.

i thought max was great.

for such a short period of time he got a lot of information out there.

how i do love to see a banker panic as his future career path disintegrates.

go bitcoin! 

bitcoin was mentioned on BBC's newsnight today.

seems that the presenter and a representative from western union world first, along with Max keiser were discussing bitcoin for under 4 minutes. the presenter and WU world first rep hardly gave max keiser a chance to represent bitcoin.

they talked about silk road, talked about the volitility and hacking and government seizures of the coin in a way that bitcoin isn't worth the risk. not really allowing max to explain that governments cannot just take anyones bitcoins remotely, they cannot just make bitcoins disapear with a line of code.

oh well it seems the british media still want to spout negativity about bitcoin after all.

i guess richard branson endorsing bitcoin is the highlight of todays news.