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The Future of Bitcoin

December 29th, 2014 | by BTC News
The Future of Bitcoin
Business
25

[258] The Future of Bitcoin

Today’s show is focused on Bitcoin and the world of cryptocurrency. No one owns the Bitcoin network except Bitcoin users around the world, making it a quinte…

25 Comments

  1. avatar dapunisher1000 says:

    turn off the electricity and lets see if you can buy food with it.

  2. avatar Jason Sodenkamp says:

    89% of US currency in circulation exists in the form of accounting ledgers
    that are stored only electronically, just like Bitcoin, so if you turned
    off the electricity the United States monetary system would collapse and
    the cash in the form of promissory notes would also be worthless. Just a
    heads up.

  3. avatar Anthony Labelle - Investor Vision says:

    Government is the most powerful hacker…just a thought ;)

  4. avatar Jonathan James Harrison says:

    back the rouble with bitcoin!

  5. avatar Jake Wane says:

    Bitcoin is stupid, if you invested in it last year you would have lost 50%
    of your assets. A better investment for your money is concentrated
    Marijuana paste like wax or shatter. You can buy it legally in small 1oz
    ingots in Colorado. Buy them in the fall when prices are lowest and then
    sell them in the spring when prices are highest.

    Another good investment is called Heroin. You give a little bit to your
    friends for free at first. But then when they’re all hooked you can charge
    them any price you want. Encourage them to steal from their families and/or
    take high-end airbags or mufflers from expensive cars to pay you if they
    run out of cash. Believe it or not 90% of your “friends” will keep paying
    regardless of the price you charge.

    I once knew one girl who was so desperate for her next fix that she just
    allowed me to make her into my own personal sex toy in exchange for drugs.
    She was fun for awhile. BMR 4 Life

  6. avatar brutesquefilms says:

    Absolute nonsense to produce such a short show. Why even have 3 guests if
    you’re not going in depth with any of them. I always like this show, but
    this was put together ways to hasty with dumb skype multi monitor special
    effects that add nothing to the content at all.

  7. avatar Steve2323ZX says:

    Max Keiser is on the panel.That should lend the show some credibility. lol.

  8. avatar Stevo B says:

    You can create it. Of course you can delete it. OR copy it. Simple as that.
    Cos it is not physical like gold. Never compare digital with digital Gold.

    So, when economy crisis and lesser and lesser hv possibility to connect to
    electricity, let alone Internet connection? How to do trade with it? How to
    buy goods and foods with it? This is the logic behind the weakness of
    crypto currency.

    No matter how far the price gone to, I would still bet on physical Silver n
    Gold any day. It has practical use in the industries. Besides, it has the
    limitation as well. We need energy and manpower to mine it. So, there’s
    value behind it. Same like Copper. Copper is needed. Without it, there’s no
    Electricity or without Silver, there is no PC, Laptop or Cellphones.
    Processor and Satelites are using lots of Gold for its communication
    purpose as well.

    What does Bitcoin or other Coin does? Nothing. There’s no value behind it.
    It is counter productive.

    We hv a system. Precious metal system which is valued by whole world.
    London exchange, NY exchange, Shanghai Exchange HK exchange, Singapore
    Exchange and so on and so on buying and selling previous metal. Why is
    that? Because it is trusted and it is valued as it has been using for
    currency for thousands of years.

    I dont agree with this crypto currency. One day, when it crash, it will be
    like the fiat currency. Did u remember Bitcoin was stolen and hack at the
    Japan half year ago? It is true. Read the news or search Google.

    http://www.dailymail.co.uk/news/article-2570159/Bitcoin-firm-hacked-virtual-bank-heist-goes-bankrupt-leaving-NO-prospect-investors-getting-hundreds-millions-pounds.html
    

  9. avatar nickintp says:

    Why is the black guy on the show? Ask yourself this question. If the black
    guy was to host the show alone, would you honestly watch it? That fucker
    talk a bunch of space-filling nonsense without delivering any useful
    information. It is as if he’s parroting something he’d read without
    conceptualizing and interpreting how it may affect the current economic
    situation.

  10. avatar jerran sperarman says:

    great show erin

  11. avatar Thomas Chupin says:

    Bitcoin is the future (y)

  12. avatar notbigtony says:

    It’s funny because the only people that don’t support bitcoin are people
    that don’t understand money and technology, or are totally crony.

  13. avatar Nick Kremer says:

    they’re starting to get that bitcoin is useful for more than drug users and
    computer nerds…

  14. avatar Free From Chains says:

    So to all skeptics out there. If bitcoin has no value why did Microsoft n
    time magazine start accepting bitcoin. Futhermore anything on the internet
    can be hacked thats why u can also use cold storage for your coin keeping
    it offline. And for those the say if you turn off the electricity u cant
    use bitcoin which is tru but that would b everyone last concern how about
    to money system would work at all so there aslong as the internet is on
    crypto will dominate n into the future because dencentralized currency is
    the future! Lol NWO coin everyone owns the coin so I guess we all are the
    NWO.

  15. avatar Jose Povinho says:

    Special dedication to +Bloomberg Business
    You can’t stop the revolution with propaganda infection of miss
    information….. P2P goodbye vultures and leaches scream all you want..

  16. avatar 360atGOD says:

    Did he just say 2 people from NASA started it ? Lmao … Those must be the
    same scientists that were brought over from NAZI germany in project
    paperclip ..If you can’t manipulate this you people are naive..

  17. avatar Derek Watson says:

    The presenter reading the introduction reminded me of TV stations in the
    early days of the internet when they said “We now have a World Wide Web
    address, it is ‘h’…’t’…’t’…’p’…’I think that’s a colon’…’forward
    “slash”—that’s the one going from top left to bottom right’…’another
    forward slash’…’w’…’w’…’w’…’full stop’…

  18. avatar Patrick G. Alexander says:

    The Bitcoin sounds quite interesting. I give thanks for the guests for
    being explicit about the bit-coin possible economic value. Great show Mr.
    Edward Harrison and the lovely Mrs. Erin Ade. Cheers.

  19. avatar Much Bitcoin says:

    http://www.muchbitcoin.org/ – Bitcoin Education

  20. avatar SuperResistant says:

    For those who don’t know, Bitcoin can be printed on paper and used as paper
    money or minted as coins. Also Bitcoin transactions can be broadcasted
    throught radiowave, giving Bitcoin the possibility to be independent from
    Internet.

  21. avatar 666sigma says:

    Russians should be buying boatloads of Bitcoin. In fact, Putin should be
    taking control of Bitcoin to stop the West’s assault on the ruble. 

  22. avatar wiredsloth says:

    if you developed bitcoin would you do so anonymously? it just seems so
    inconsequential and so counter productive

  23. avatar mickygta2012 says:

    boom bust sucks, and I like bitcoin. Now ‘breaking the set’ there’s a show!

  24. avatar perspicuously says:

    Bitcoin is mined intellectually, gold is mined physically, and FIAT money
    is printed infinitely. All three rely on ‘FAITH’. Gold is a finite
    natural resource and Bitcoin is a finite software code. Since gold and
    Bitcoin are both finite, faith in a ‘store of value’ is preserved. As long
    as people understand, adopt, and have faith in Bitcoin, then Bitcoin will
    thrive. Nothing can top the economic efficiency of Bitcoin’s ‘medium of
    exchange’. This awesome Boom Bust show helps people start to understand
    Bitcoin. However I would like to see supplemental oil, gold, Bitcoin
    shows. I would have liked to see Erin transfer her Bitcoin to Edward and
    show the blockchain transaction on the monitor in real time. I would like
    to see Erin buy additional ‘Bitcoin’ on live TV to demonstrate how to buy
    Bitcoin. Reggie has an awesome Bitcoin model initiative with Ultracoin. I
    wasted a $80 transaction fee with JP Morgan on just one overseas money
    transfer until I adopted Bitcoin. Like Reggie, I discovered the ‘medium of
    exchange’. Bitcoin pays for itself as $80 transaction fees add up and that
    factor alone pays for any fluctuation in Bitcoin’s daily exchange value
    price in dollars. And one final point. Max Keiser is awesome. I first
    heard of Bitcoin on the Keiser Report when it was pennies on the dollar.
    Now the one Bitcoin value is $300. Max has respected guests on his show
    like Robert Kennedy Jr. Also Max speaks truth to power. Max exposes the
    corporate elite and I respect his courage. Max and Stacy make a great team
    like Erin and Edward. Thank you!

  25. avatar D35TR00 says:

    Damn good explanation of bitcoin by that guy.

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