Topic: [VIDEO] - Bitcoin on CNBC 4:40pm EST April 1 - page 2. (Read 3622 times)
Bitcoin is like the opera. You are going but you don't really understand it or you are hooked for life.
Erik Voorhees - youtube:
Mike Pento - this guy does not understand how easily his money form credit cards can be stolen.
'Bitcoin is protected by the laws of the universe.'
While the credit cards are very poorly protected.
And due to banks on Cyprus - no one should ever trust there is such a thing as "bank insurance"
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Mike Pento: "Bitcoin is not scarce and can be counterfeited." LOL Pento, please do 5 mins of research before you go on TV to discuss the future of monetary technology.
Mike Pento - this guy does not understand how easily his money form credit cards can be stolen.
'Bitcoin is protected by the laws of the universe.'
While the credit cards are very poorly protected.
And due to banks on Cyprus - no one should ever trust there is such a thing as "bank insurance"
That was hilarious. The expensify guy did a really good job. I love how his expression turned to an amused "Really?" every time Michael Pento opened his mouth.
The 2 idiots that had no idea what they were talking about would not let the guy talk that actually sounded like he knew a thing or 2 about Bitcoins... lol.
And the guy who did have a clue was bright enough to point out that there are people who know more about bitcoin than he does. The two idiots were too full of themselves to be able to suggest someone more knowledgeable. The anchors were totally overparted in that interview. They should have been the ones to have reined in the idiots.
The more people who google "bitcoin" the better the market stands to become. The quintessential example of "any publicity is good publicity."
That said, it's also interesting that no one mentioned today's security breach.
Works beautifully, and is at the source for the screenshot-or-it-didn't-happen crowd that we all probably are.
The 2 idiots that had no idea what they were talking about would not let the guy talk that actually sounded like he knew a thing or 2 about Bitcoins... lol.
mainstream viewers will probably go "Bitcoin? Yeah right, April Fool".
Those who like gold for the wrong reasons tend not to understand Bitcoin.
Those who like gold for the right reasons understand Bitcoin immediately.
Gold is an excellent, though not infallable, money. Understanding the features of it which make it excellent will inevitably draw one into an attraction toward Bitcoin for the same reasons. The two make excellent partners.
Those who like gold for the right reasons understand Bitcoin immediately.
Gold is an excellent, though not infallable, money. Understanding the features of it which make it excellent will inevitably draw one into an attraction toward Bitcoin for the same reasons. The two make excellent partners.
What gets me about these gold bugs is of the gold and BTC I have, the BTC is easier to acquire, easier to store, easier to spend or transfer, and has appreciated more. How am I supposed to spend my gold? Shave a sliver off at the register, or mail some to an online merchant?
I actually thought the Expensify guy did pretty well. I love his refutation of Mike Pento... "I hear you saying that, but it doesn't make it true." Hahah yes.
Pento was idiotic, saying Bitcoin won't work because it can be counterfeited and "isn't scarce." Sigh.
I think the segment will suffice to pull a bunch of people to Google to ask, "what the hell is a bitcoin" and that's all we need them to do. Down the rabbit hole they will go.
Pento was idiotic, saying Bitcoin won't work because it can be counterfeited and "isn't scarce." Sigh.
I think the segment will suffice to pull a bunch of people to Google to ask, "what the hell is a bitcoin" and that's all we need them to do. Down the rabbit hole they will go.
More clueless old dudes babbling about "the bitcoin" while the girl and young guy look at them like they are idiots. It was good I think.
I only caught the last 30 seconds of the discussion, did anyone record it?
THE MONEY HONEY talking about Bitcoin!!!
i'm in love.
i'm in love.
caught the tail end.. man was that bad, in the last few minutes that I caught I don't think they got a single fact right.
So bitcoin can be easily counterfeited and produced at will...got it. I better buy some non-counterfeitable gold.
Can we find a replay somewhere? i just missed it.
3 morons asking questions at the same time!! However, they couldn't hide their fear of maybe being too stupid to understand something really important !
as an example of just how far Pento has gone off the cliff listen to him "threaten" every person who doesn't go out and buy gold right now:
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2013/3/21_Michael_Pento_files/Michael%20Pento%203%3A21%3A2013.mp3
the money part is near the end.
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2013/3/21_Michael_Pento_files/Michael%20Pento%203%3A21%3A2013.mp3
the money part is near the end.
Oh dear Erik, the Expensify guy desperately needs your help.
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