CNBC 10 Minute Media Coverage on Bitcoin

FreedomCoin

hero member

Activity: 675

Merit: 507

Freedom to choose

Quote from: ?? on ??

Quote from: Ares on August 13, 2013, 09:58:11 PM

Quote from: CMMPro on August 13, 2013, 08:57:16 PM

He seems to be pushing for this "narco-terrorism" angle a bit much. Wtf can we assume a narco-terrorist is?
Is that his way to describe drug trafficing?
If he really wanted to stop narco-terrorism he would have kicked HSBC out of the state and arrested some of the executives for their money laundering. They are the worlds largest money laundering outfit are they not?

I really like your last point.

As for the "narco-terrorism" i'm sure he's referring to SR. What he may not realize though, and credit to Trace Mayer for this point, is that SR turns the drug game from "who has the most guns and gang members", to "who has the best product and customer service". It is literally the best possible anti narco-terrorism tool ever.

Shame they don't realize that (or don't care).

"They" could erase "narcoterrorism" instantly if they wanted to. Legalize drugs. Voila, no more money for the "narcoterrorists".

I don't think that is really "their" goal though, considering how lucrative the "war on drugs" is for "them".

Sad but true....

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: ?? on ??

Quote from: Ares on August 13, 2013, 09:58:11 PM

Quote from: CMMPro on August 13, 2013, 08:57:16 PM

He seems to be pushing for this "narco-terrorism" angle a bit much. Wtf can we assume a narco-terrorist is?
Is that his way to describe drug trafficing?
If he really wanted to stop narco-terrorism he would have kicked HSBC out of the state and arrested some of the executives for their money laundering. They are the worlds largest money laundering outfit are they not?

I really like your last point.

As for the "narco-terrorism" i'm sure he's referring to SR. What he may not realize though, and credit to Trace Mayer for this point, is that SR turns the drug game from "who has the most guns and gang members", to "who has the best product and customer service". It is literally the best possible anti narco-terrorism tool ever.

Shame they don't realize that (or don't care).

"They" could erase "narcoterrorism" instantly if they wanted to. Legalize drugs. Voila, no more money for the "narcoterrorists".

I don't think that is really "their" goal though, considering how lucrative the "war on drugs" is for "them".

+ 1

plasticAiredale

full member

Activity: 207

Merit: 120

Quote from: rampantparanoia on August 13, 2013, 11:11:02 PM

In case anyone else had trouble with the link... http://www.nbcnews.com/video/cnbc/52747948

Thanks, was about to give up on the thread.

Hfleer

sr. member

Activity: 448

Merit: 250

Changing avatars is currently not possible.

Quote from: Patel on August 13, 2013, 07:24:51 PM

Anyone watch this?

http://video.cnbc.com/gallery/?play=1&video=3000190465

I believe all this media is going to trigger a bull market

I hope the price keeps on rising

I have to congratulate the CEO of Coinsetter for being a professional speaker on behalf of Bitcoin users. We have seen other Bitcoin enthusiasts that were too aggressive in interviews. I think he did a good job. If you read this :thumbsup:

We could see this for sure. With increased BTC awareness, more will consider using it.

phelix

legendary

Activity: 1708

Merit: 1020

Quote from: CMMPro on August 13, 2013, 08:57:16 PM

[...]
He seems to be pushing for this "narco-terrorism" angle a bit much. Wtf can we assume a narco-terrorist is?
Is that his way to describe drug trafficing?
If he really wanted to stop narco-terrorism he would have kicked HSBC out of the state and arrested some of the executives for their money laundering. They are the worlds largest money laundering outfit are they not?

He should ask himself why the blockchain is a "narco-terroism" threat when every transaction is public and 99% are not anonymous (considering the power the NSA has over us all).
[...]

http://en.wikipedia.org/wiki/Narcoterrorism

Calling kids buying weed on SR terrorists? The way he uses this word seems like spreading FUD.

rampantparanoia

sr. member

Activity: 516

Merit: 283

In case anyone else had trouble with the link... http://www.nbcnews.com/video/cnbc/52747948

Ares

full member

Activity: 238

Merit: 100

Quote from: CMMPro on August 13, 2013, 08:57:16 PM

I agree on all points mentioned above....not so sure that Lawsky is on the up and up with us but in his own words "we will have to wait and see".

The Coinsetter rep did an articulate job! I was impressed. We need more professionals like him on our side.

I hope indeed Lawsky is truthful in saying that he wants businesses to thrive.
I'm sure that the underlying threat is that bitcoin can thrive as long as it is within his guidelines.

He seems to be pushing for this "narco-terrorism" angle a bit much. Wtf can we assume a narco-terrorist is?
Is that his way to describe drug trafficing?
If he really wanted to stop narco-terrorism he would have kicked HSBC out of the state and arrested some of the executives for their money laundering. They are the worlds largest money laundering outfit are they not?

He should ask himself why the blockchain is a "narco-terroism" threat when every transaction is public and 99% are not anonymous (considering the power the NSA has over us all).

We will have to "wait and see" if his guidelines are compatible with the consensus of bitcoin users...not sure he has much power over a global network with the power we yield...in one endgame scenario bitcoin may be outlawed in NY state. If that happens the only loser in that breakup will be NY state. In another endgame NY state champions bitcoin with new regs that will allow it to stretch its legs and the winner will be NY state AND bitcoin.

I could care less is my exchange is in NY or China...let's keep them here if we have a choice.

I really like your last point.

As for the "narco-terrorism" i'm sure he's referring to SR. What he may not realize though, and credit to Trace Mayer for this point, is that SR turns the drug game from "who has the most guns and gang members", to "who has the best product and customer service". It is literally the best possible anti narco-terrorism tool ever.

Shame they don't realize that (or don't care).

CMMPro

hero member

Activity: 588

Merit: 500

I agree on all points mentioned above....not so sure that Lawsky is on the up and up with us but in his own words "we will have to wait and see".

The Coinsetter rep did an articulate job! I was impressed. We need more professionals like him on our side.

I hope indeed Lawsky is truthful in saying that he wants businesses to thrive.
I'm sure that the underlying threat is that bitcoin can thrive as long as it is within his guidelines.

He seems to be pushing for this "narco-terrorism" angle a bit much. Wtf can we assume a narco-terrorist is?
Is that his way to describe drug trafficing?
If he really wanted to stop narco-terrorism he would have kicked HSBC out of the state and arrested some of the executives for their money laundering. They are the worlds largest money laundering outfit are they not?

He should ask himself why the blockchain is a "narco-terroism" threat when every transaction is public and 99% are not anonymous (considering the power the NSA has over us all).

We will have to "wait and see" if his guidelines are compatible with the consensus of bitcoin users...not sure he has much power over a global network with the power we yield...in one endgame scenario bitcoin may be outlawed in NY state. If that happens the only loser in that breakup will be NY state. In another endgame NY state champions bitcoin with new regs that will allow it to stretch its legs and the winner will be NY state AND bitcoin.

I could care less is my exchange is in NY or China...let's keep them here if we have a choice.

knight22

legendary

Activity: 1372

Merit: 1000

--------------->¿?

At least regulators seem to be open and friendly for now on which is a good thing IMO

Chalkbot

legendary

Activity: 896

Merit: 1001

I hope the "bitcoin crackdown" becomes a regular segment for a while.

millsdmb

sr. member

Activity: 322

Merit: 250

to da MOOONN!

Patel

legendary

Activity: 1321

Merit: 1007

Anyone watch this?

http://video.cnbc.com/gallery/?play=1&video=3000190465

I believe all this media is going to trigger a bull market

I hope the price keeps on rising

I have to congratulate the CEO of Coinsetter for being a professional speaker on behalf of Bitcoin users. We have seen other Bitcoin enthusiasts that were too aggressive in interviews. I think he did a good job. If you read this :thumbsup:

Topic: CNBC 10 Minute Media Coverage on Bitcoin (Read 1863 times)