Propaganda at its finest: The Dangers of Bitcoin

phillipsjk

legendary

Activity: 1008

Merit: 1001

Let the chips fall where they may.

Quote from: Dillar on August 04, 2014, 08:20:18 AM

To check your BTC balance on your phone is not the safest thing - I was thinking on that while watching video.

Because the transaction ledger is public anyway, checking your balance is OK. Logging in remotely to a machine with a hot wallet...maybe not so much.

Bitcoin Magazine

sr. member

Activity: 252

Merit: 250

i always check my wallet at mining.bitcoin.cz when my friends want to buy drinks. it's just what i do

Dillar

newbie

Activity: 39

Merit: 0

To check your BTC balance on your phone is not the safest thing - I was thinking on that while watching video.

BitsBitsBits

full member

Activity: 168

Merit: 100

That was a hilarious video! Can't believe it's so new still, you'd think people ought to know more about bitcoin nowadays. Tss

Jubettarr

newbie

Activity: 28

Merit: 0

Hahaha this is awesome. It looks like some sort of joke film you'd see on a british sketch comedy show. It even has the obvious, but not over-the-top, factual errors.

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

When Trezor is perfected, China will sing a different tune.

JohnFromWIT

member

Activity: 112

Merit: 10

Quote from: sugarfree on August 04, 2014, 06:32:31 AM

I just checked the address in the video.
https://blockchain.info/address/18oxyvbUQnDQAzrwFZCbyt1S57dnj3x3cW
LIES!!! she never had 2 bitcorns.

Damn it, Asian Holiwood!
You lied to us again!
Haha

RepublicSpace

member

Activity: 145

Merit: 10

The most terrifying is the fact that they start explaining bitcoin with 'mining'.

GTA

member

Activity: 90

Merit: 10

They explained what Bitcoin is even better than many news sites. Do all TV teaching programs there always use "dramas" to explain everything?

leanne

newbie

Activity: 16

Merit: 0

Quote from: phillipsjk on August 02, 2014, 02:24:55 PM

Most of the facts in the video are not wrong: they are just emphasizing China's regulatory stance.

Seeing a 2014 video with CPU mining was a little weird though.

Yeah, for us people who know how mining works these days and that CPU mining is bogus now, it is strange, but the general public does't know jack about Bitcoin in general, so it wouldn't even matter to them if they showed CPU mining, GPU mining, FPGA mining (everyone seems to be forgetting about that), or ASIC mining.

ipnone5only

newbie

Activity: 37

Merit: 0

Well that was a very balanced report. But still better news than cnn Cheesy

sugarfree

member

Activity: 82

Merit: 10

I just checked the address in the video.
https://blockchain.info/address/18oxyvbUQnDQAzrwFZCbyt1S57dnj3x3cW
LIES!!! she never had 2 bitcorns.

JohnFromWIT

member

Activity: 112

Merit: 10

Looks like they have the same problem as us of needing to go into way too much detail when explaining it to average people.
Video seems sound enough though, apart from that fella holding the gun up near his face in the opening credits.

Meuh6879

legendary

Activity: 1512

Merit: 1012

" i can remote controled my PC that it have my bitcoin wallet " ... Roll Eyes

TRAP !

remotemass

legendary

Activity: 1122

Merit: 1017

ASMR El Salvador

Quote from: Yakamoto on August 03, 2014, 12:09:35 AM

"Oh, it looks like your money was sent to Columbia."

And you know the owner is in Colombia how?

By the ip address associated with the transaction, I guess.

remotemass

legendary

Activity: 1122

Merit: 1017

ASMR El Salvador

Bitcoin has no fixed price but fiat currencies neither.
They don't seem to understand that bitcoin is scarce because the rewards of mining enter circulation and exist in a timely fashion.
When they talk about real money it becomes clear they don't understand that solving equations with processing power has nothing to do with creating material value. It actually just makes the network more secure and tamper-proof, allowing for the consensus achievement of what were the past transactions. The value of bitcoins is only due to its scarcity and utility, as they enter circulation and exist in a timely fashion.

phillipsjk

legendary

Activity: 1008

Merit: 1001

Let the chips fall where they may.

Quote from: Yakamoto on August 03, 2014, 12:09:35 AM

"Oh, it looks like your money was sent to Columbia."

And you know the owner is in Colombia how?

Classic inside job Wink

Yakamoto

legendary

Activity: 1218

Merit: 1007

Watched it, laughed at it, gave the finger to it, moved on.

This was incredibly stupid.

"Oh, it looks like your money was sent to Columbia."

And you know the owner is in Colombia how?

phillipsjk

legendary

Activity: 1008

Merit: 1001

Let the chips fall where they may.

Quote from: odolvlobo on August 02, 2014, 05:13:14 PM

Bitcoin fan boys won't like it because it doesn't have many positive statements promoting Bitcoin. It did put the value of a bitcoin at $2500!

I don't speak chinese, but she said something like "cinq cin man-ga" not "dollars". They say "online" and "Bitcoin" in English.

I suspect they are valuing the Bitcoins at 5000 CNY or 400 USD each. The '$' would be an error in the caption.

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

Watch it a second time with the sound off and some K-Pop in the background.

Topic: Propaganda at its finest: The Dangers of Bitcoin (Read 1761 times)