Thanks! I can see a few places where the instructor could sway the class toward his opinion.
The instructor could lean toward, "radical nut job government subversives" or toward, "patriots disillusioned with societal flaws looking for a working solution".
The professor is going to slam Bitcoin.
And perhaps the two professors will just lecture on what they see based on fact.
And perhaps they will say the people who use it range from "radical nut job government subversives" and people who perceive themselves as "patriots disillusioned with societal flaws looking for a working solution" to just normal everyday people who think its a good idea.
The one lecturer is a law professor so we can assume he knows the law.
The other lecturer is an economics professor so we can assume he understands a bit about economics.
Based on the general reaction from the forum here to his paper and interviews, you can safely say that Prof Yermak will "slam" Bitcoin as a currency. And by "slam" I mean that as a business I sell something that costs me $500 to make for 1 bitcoin and by the time I convert to USD that bitcoin is worth $470 and not the $640 I thought it did when I accepted the coin. I need to run a business, pay salaries, rent and suppliers, and am I in a position to be able to deal with the volatility of bitcoin? Can I afford to hold the coin until the price increases? Will the price increase? What can I use this coin for? Can I pay my suppliers with it?
If you don't educate people, they will become victims to the volatility, and negative sentiment will follow.
If you don't educate people, they will become victims to the legal ramifications of bitcoin and negative sentiment will follow.
The "know your customer" law has been around longer than Bitcoin has as far as I am aware (2001), but for some reason it doesn't and shouldn't apply to Bitcoin, hence the Good Luck Charlie thread.
This TV show clip is the way I think college students are molded to parrot what their old geriatric dinosaur professors believe. Listen to the answer the speaker gives to the question the college kid asks. The speaker gives an honest answer and the college kid is just droning out the party line. The show is using real statistics. No country incarcerates a higher percentage of its population than the United States. The US tops every other nation in the world.
https://m.youtube.com/watch?v=rinf3nmtnAoIt doesn't matter how long a law (like KYC) has been around if it's a stupid law or meant to oppress people that challenge big business or big government. The support for the ideals surrounding Bitcoin must be pretty large or the Bitcoin economy would not have grown to be its current size this fast. I was talking about Burning Man with a friend the other day about how you can pretty much get away with any illegal thing you want to there short of murder. Drugs of all kinds are used openly. The govt could shut it down. It's almost like they give people one week a year that they can do what they want to make them feel free. Others that watch or read about it and can't go live vicariously through the attendees. But don't go back to the city and do that same stuff or they'll lock you up and throw away the key.
Unfortunately, universities have become little factories that crank out drones willing to support the current system. Maybe that was caused by the reliance on money received from government and big business. Or maybe it's because the instructors are still living in the last generation when this was the greatest nation in the world.