Former Rep. Ron Paul, (R-Texas), on the future of Bitcoins and the Federal Reserve.
Video Ranking: 4/ 5
Jeff Berwick explains Bitcoin as soon as again to Varney and Co. The current add to over 0 dollars a bitcoin has captured these MSM investment commentators off …
Ron Paul: BitCoin Could Go Down In History As Destroyer Of The US Dollar
Bitch
If the Feds destroy the dollar, I WON’T pay my taxes with Bitcoin or
anything else for that matter.
…to clarify: My statement was 100% irony, I thought that was obvious. To
backgammon player: 0.01 Btc transaction fee would mean 10 USD. Fortunately
typical transaction fees are rather in the order of 10-50 cents (0.1-0.5
mBTC), even less is possible.
To the “tulips”: bitcoin has no value because it’s just something virtual.
Just bits and bytes. Nothing of “intrinsic” value. Nothing tangible. Its
like Google or Microsoft or SAP or any other software company. They are of
no use except for speculation. They produce nothing of value. So they will
all crash down to zero. And so will bitcoin. As soon as nobody pumps more
money into microsoft, the stock price will crash to its intrinsic value,
which is zero. Same with bitcoin. That’s so obvious, isn’t it? Doesn’t this
sound logical?
Bitcoin could be the final nail in the dollar’s coffin.
I got around 7,000$ worth of bitcoin so yeah I new about bit coin since
2009 and its a good investment
Gold and Silver is money…… end of arguement
It’s just a matter of time before governments start to regulate it.
Just caught this today. Thanks for uploading.
Your monetary notes aint worth shit either, they are just promissory notes.
only if the banks are worth anything are your notes worth jack.. so when
the banks need their next bail out, (and they do nearly every decade) And
people decide no…not this time. Crypto currencies will be valued. if
anything will triumph as it will allow for the allocation of wealth in
small communities.
Stop interrupting! Quite rude.
There is virtually no difference between the Bitcoin and the Fiat U.S.
dollar.
Bitcoin is owned by the market of Bitcoin. No one has control of it.
It is already happening man, but to be honest a post apocalyptic currency
will always be grain foods, water filters, gold, silver and ammunition. Ii
think that last should be first to be honest
He’s just a nutcase with his conspiracy theories… Can’t believe anyone
takes him seriously
this sounds like it could be the fix to putting the hurt on the Rothschild
aka red sheald which has its hands in everything and is committing a major
fruad and sending us into more debt
They made these coins notice they don’t say IN GOD WE TRUST.
I certainly hope so….
bitcoin was sitting fairly stable at $600 give or take. It rose to $1200 in
just a few days. China did their thing and bitcoin dropped down to roughly
$700. It really didn’t lose anything because of China if you look through
the short history of the bitcoin.
The only one thing i don’t like about Bitcoin is how Bitcoin is exposed to
the vultures at the stock market, whose intentions are only to quick make
US and EU fiat money out of this great invention making the Bitcoin to
fluctuate ridiculously in its “intrinsic” invention value. That scares the
people with good intentions and after the total crash of BITCOIN, that will
inevitable happen, Satoshi Nakamoto’s great invention will ultimatily end
up in the hands of whom? the government of China? Remember Nicola Tesla’s
great invention! How did he die, poor as a rat. Who benefited from Tesla’s
great inventention? Westinghouse! This is the “historical part” that Mr.
Ron Paul would like to refer to, but he does not know how.
according to the host that would include well all money in the world, let’s
get rid of dollar bill
The “coin” part of the name is confusing people and I can see why some
people have a hard time grasping it.
Bitcoin doesn’t revolve around units of currency. It is largely an
electronic ledger with a proof-of-work mechanism for making sure
transactions are valid, and the currency it counts is just a part of it. As
with any currency no matter how local or big, a currency’s value comes from
increasing acceptability.
FUD vs Reason, which one is which? #bitcoin
“..and it’s done quite well”.
You were great Jeff. These hosts were typical assholes. No big surprise
there.
What gives bitcoin value?
China just clarified that btc will never be given any official
statur….their demand is gone…
these fox tv anchors! trying everything to discredit bitcoin… props to
Mr. Berwick for remaining so calm.
Brilliant.
REAL dollars!
These media type are so use to the old way of doing things, by time BTC is
$10,000/BTC then they will say “ohhh Bitcoin is now an accepted form of
currency”, NO Shit Sherlock, we’ve been trying to tell you that for the
longest! Keep saving in BTC people, it’s going nowhere, it’s here to stay!
I just get setup with bitcoin and i NEED donations, any body who does is
super duper sexy!
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nice cause i found this site where i can win free bitcoins every hour just
by clicking this kind of “slot” http://freebitco.in/?r=33104 ……… :D
You did an EXCELLENT job in this interview Jeff, very proud of you ! peace.
Jeff tore them apart…I loved his comment about Cyprus…lol
What I love about BTC right now is it’s diverting money from time tested
“money”, silver and gold. This has given me the opportunity to get the
metals and the mining shares on the cheap.
The setup in BTC right now is fantastic. Surreal may be a better word.
I don’t know what will happen with BTC but when a BTC user told me that
silver has NO VALUE I immediately thought that a lot of people are going to
get burned. Regardless of whether or not BTC makes it. If you have BTC and
you are not selling some at these levels, you are smitten. You have to sell
to make money.
“real money” to these guys = paper with ink on it lol
“people are willing to get rid of their Bitcoins for dollars, what does
that tell you?”
The hosts trying so hard to ask loaded questions but they’re pretty
terrible at it.
Jeff Berwick on Fox Business talking about Bitcoin.