Topic: NY Hearings - lets live blog this puppy : - ) - page 13. (Read 11904 times)
I think Fred Wilson is getting a little bit too preachy about how the current system sucks and how banks will fight back.
dunno which winlklevii is which but the one on the left is hitting some home runs.
Now it's getting really interesting! Visions of how bitcoin will disrupt traditional NY finance
you can tell that each person speaking to the panel is very careful not to speculate on to what the max price they think bitcoin will reach...
Oh, Winkle doing a good job explaining why HODLING is actually necessary to facilitate transactions... the market cap and liquidity we have now is simply not enough to be able to absorb the transaction volume we'd expect with more and more adoption.
Hoarding is not a problem at all, when money appreciates it gives people incentive to spend as well because it feels like free money.
Oh great, the asshole regulator on the right just started talking about "spending vs. hoarding." Yet another keynesian fuckwad.
HODL HODL HODL
HODL HODL HODL
Glad we are finally out of the money laundering shit. Now sniffing around US exchange question.
Why in the world are they asking about price volatility? Are the regulators also speculators? 
ROFL Facebook reference from wilson, right in the face of winklevosses!!!
"if you were an early employee of Facebook you'd be loaded right now" priceless.
"if you were an early employee of Facebook you'd be loaded right now" priceless.
Great, the female regulator just cited Rpietila original research. (Regarding the number of people who own half the bitcoins, which is pure speculation.)
*FACEPALM*
You'd think they'd have at least done a little more research, it is their job after all...
*FACEPALM*
You'd think they'd have at least done a little more research, it is their job after all...
Dr Evil Attack!
*chuckles*
*chuckles*
Is this being recorded? I'd like to show this to some other people later.
Seconded. I'm at work atm and can't watch, will there be a recording?
The twins have done fine, not as engaging and confident as Wilson, but they've not done btc any harm here.
Impressed by the Wilklevoss twins.
no, it bit boring and not very inspirational
Impressed by the Wilklevoss twins.
Fuck yeah Wilson! Attack mode. 
(He just ranted about the burdensome legacy banking infrastructure, all the forms to fill out, and how it could easily be put into code and automated.)
(He just ranted about the burdensome legacy banking infrastructure, all the forms to fill out, and how it could easily be put into code and automated.)
Fair play to that Wilson guy, he was / is fucking great.
is that the wilson guy? the one busting all kinds of nuts about regulation at the moment?
I'd have to a agree!
strikes me that the typical AML/KYC seems like a reasonable amount of regulation.
I think maybe they are just trying to ensure there isn't a whole bunch of other crap on top of that.
I hope.
I think maybe they are just trying to ensure there isn't a whole bunch of other crap on top of that.
I hope.
Fair play to that Wilson guy, he was / is fucking great.
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