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Bitcoin => Bitcoin Discussion => Topic started by: Trevor Lyman on June 08, 2015, 09:12:17 PM



Title: What Are The Financial Elite Saying About Bitcoin?
Post by: Trevor Lyman on June 08, 2015, 09:12:17 PM
http://libertyupward.com/what-are-the-financial-elite-saying-about-bitcoin/

Interesting stuff.  There were actually a few surprises for me in this article.  Even Mr. ManBearPig liked bitcoin.

http://southparkstudios.mtvnimages.com/images/shows/south-park/clip-thumbnails/season-10/1006/south-park-s10e06c02-awareness-of-manbearpig-16x9.jpg


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: NorrisK on June 08, 2015, 09:25:17 PM
Seems to be a bit biased in the people that were chosen. Only Warren Buffet is being negative on bitcoin. I don't believe 80-90% of the financial elite are that positive on bitcoin.


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: unamis76 on June 08, 2015, 09:30:05 PM
To sum up the article, there are 3 kinds of "financial elite" regarding Bitcoin:
They embrace it
They say it might be good, but don't really care
They say they don't like it, but are secretly pouring money into it ;D


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: Stargazer on June 08, 2015, 10:27:29 PM
Seems to be a bit biased in the people that were chosen. Only Warren Buffet is being negative on bitcoin. I don't believe 80-90% of the financial elite are that positive on bitcoin.

You need more people to draw such conclusion, people that were contacted for this survey were mostly known to be interested in bitcoin and comment on it in the past.

By the way, beware of that picture of Eric Voorhees... he's looking into your soul :P


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: funkenstein on June 09, 2015, 03:31:44 AM
Wow, financial elite are interested in money.  Who'd have guessed.  

What's next, pimps recommend hos?  
Maybe top physicists admit to having studied math?  

The surprise is that Al Gore has perhaps the most astute comment from the bunch, actually identifying the raison d'etre of a public coin.  


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: vm_mpn on June 09, 2015, 04:45:38 AM
Lol, love John McAfee picture - right on!

http://libertyupward.com/wp-content/uploads/2015/02/John-McAffee.jpg


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: thebigtalk on June 09, 2015, 04:54:40 AM
One thing is for sure. They love bitcoin and they are into it already even if they deny it in public. Who wants competition to treasures anyway? They just wanted to be the first above all. All for the sake of their title, money and future.


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: Kakmakr on June 09, 2015, 05:55:44 AM
Of all of those, I value the opinion from Peter Thiel the most. He has a clue what a payment system should be and he has previous experience with his inputs in PayPal.
Mark Cuban is arrogant and should stick to sport. I watched him on Shark tank, and when things gets a bit technical, he starts to loose the plot. He can be brilliant, but he needs someone to explain the tech in detail for him to grasp it.
Warren Buffett will look like a fool in 5 years time, because his old school thoughts tie him down. 


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: Amph on June 09, 2015, 06:31:21 AM
oh buffet, you still see it a joke do you? i wonder if he will find it a joke when the value will skyrocket, besides this he should now that the value of a thing is always a mirage, no matter if it is bitcoin or anything else

apparently even Eric didn't understand why it has value....


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: jayce on June 09, 2015, 07:12:44 AM
oh buffet, you still see it a joke do you? i wonder if he will find it a joke when the value will skyrocket, besides this he should now that the value of a thing is always a mirage, no matter if it is bitcoin or anything else

apparently even Eric didn't understand why it has value....

Maybe his business was got disturbed by bitcoin now. We will wait what his next comment after bitcoin get higher reputation in future.


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: Possum577 on June 09, 2015, 07:14:39 AM
I don't think the financial elite, i.e., wealthy, are who we need to be listening to. The wealthy will invest in anything that they think might make them richer - stocks, art, horses, bitcoin, etc.

They have the money to lose in these things for the opportunity, the chance to gain. It doesn't surprise me that the wealthy are in on it. They want every opportunity to make money as we do. It's the financial average or financial poor using it that would really make the difference, the adoption difference.

Any studies on average income and average wealth per user?


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: Slark on June 09, 2015, 07:30:28 AM
oh buffet, you still see it a joke do you? i wonder if he will find it a joke when the value will skyrocket, besides this he should now that the value of a thing is always a mirage, no matter if it is bitcoin or anything else

apparently even Eric didn't understand why it has value....

Maybe his business was got disturbed by bitcoin now. We will wait what his next comment after bitcoin get higher reputation in future.
I doubt that Warren Buffet sees bitcoin as a threat for his business as of now. His fortune is big enough. Value of bitcoin is manipulated by whales, Warren knows that he could easily buy some huge amount of coins and dump it just to mess with bitcoin price. And again he is old, maybe he doesn't foresee the consequences of digital currency revolution, or maybe bitcoin is not the messiah of cryptocurrency we are waiting for?


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: aztecminer on June 09, 2015, 05:13:09 PM
http://libertyupward.com/what-are-the-financial-elite-saying-about-bitcoin/

Interesting stuff.  There were actually a few surprises for me in this article.  Even Mr. ManBearPig liked bitcoin.





a lot of them will lose a lot of money when the bail in's start to happen.


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: BitRod on June 09, 2015, 06:59:53 PM
Its sad people listen to these old men because they are suppose to be wise. They misuse their power and scam the young from their future. Credit cards will die with the baby boomers. Bitcoin is a weapon to help the young fight the old monetary system.


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: funkenstein on June 10, 2015, 03:48:56 PM
Credit cards will die with the baby boomers.

Why do people continue to imply credit cards are somehow a competitor to bitcoin ?  They work just as well with any currency.  
Credit cards don't provide a unit of account.  Bitcoin is a unit of account.        


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: Buttknuckle on June 10, 2015, 03:57:29 PM
Seems to be a bit biased in the people that were chosen. Only Warren Buffet is being negative on bitcoin. I don't believe 80-90% of the financial elite are that positive on bitcoin.

So, Buffet is part of a team with Munger without whom he would not have been as successful.  Buffet is old and he is familiar with certain types of investments.  That is ok, you have to work with what you know and what you are good at.  Keep in mind that Buffet is far from making the correct call 100% of the time.  The thing is when he does make the correct call he makes it BIG.


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: bryant.coleman on June 10, 2015, 03:57:36 PM
Its sad people listen to these old men because they are suppose to be wise. They misuse their power and scam the young from their future. Credit cards will die with the baby boomers. Bitcoin is a weapon to help the young fight the old monetary system.

People listen to the rich old men, just because they are rich. Few people realize that the methods they used, to increase their wealth then, are not viable right now. And once someone gets filthy rich, his main intention won't be to increase his wealth. The aim will be to protect his savings and investments. That's why they are against anything which is different and innovative.


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: blablaace on June 10, 2015, 10:51:26 PM
obviously the financial elite are deathly opposed to the concept of bitcoin .. but right now they dont take it very seriously


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: MF Doom on June 15, 2015, 08:26:48 PM
obviously the financial elite are deathly opposed to the concept of bitcoin .. but right now they dont take it very seriously

I've seen Jamie Dimon (JP Morgan CEO) speak negatively about BTC. I think they all feel that it is just a small annoyance though, and are waiting to see how it evolves.  I think if btc continues to grow they will be ready to attack it in full force, or make money off it somehow.


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: Nameless Coin on June 15, 2015, 08:50:36 PM
Screw them. They're bunch of puppets of the classical finance system.
This is Bitcoin man! We're gonna take down your regulated finance system by pigs and rip it apart!


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: AtheistAKASaneBrain on June 15, 2015, 09:53:20 PM
Screw them. They're bunch of puppets of the classical finance system.
This is Bitcoin man! We're gonna take down your regulated finance system by pigs and rip it apart!

Thats right, we shouldn't care what they have to say about it. We just do us and they do them. With hard work and dedication we can achieve success. Keep supporting BTC no matter what, no matter if you are pro 1MB, pro 20MB or whatever fork, just support BTC in any way possible, and history will prove us right.


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: knowhow on June 15, 2015, 10:32:48 PM
is much better we dont attract more whales into the bitcoin system them pump and dump bitcoin on short time not allowing it to mature and go up


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: ajareselde on June 15, 2015, 11:02:04 PM
Screw them. They're bunch of puppets of the classical finance system.
This is Bitcoin man! We're gonna take down your regulated finance system by pigs and rip it apart!

Seams like you have a lot of anger that is clouding your vision. They wouldn't be financial elite if they were the puppets in this story, average Joe is the puppy,
because he got payed out by them in the financial game. Now that you lost,you can't say to them ; o.k. i lost , now double of nothing with bitcoin !
Just because someone has a lot of money doesn't have to mean that they're scum, nor that they are a-holes for not wanting to invest in BTC.

cheers


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: umaOuma on June 15, 2015, 11:14:29 PM
Screw them. They're bunch of puppets of the classical finance system.
This is Bitcoin man! We're gonna take down your regulated finance system by pigs and rip it apart!

Need to ignore those bunch of idiots who are saying this and we just need to follow our dreams and follow the bitcoin as it is going to create a revolution in coming years changing the financial system as a whole.


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: knowhow on June 16, 2015, 07:37:52 PM
bitcoins has no interest to get more whales to pump and dump it like they do with others altcoins... soo better medium as low class on bitcoin now... later who knows ...


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: mearylll on June 16, 2015, 09:34:13 PM
bitcoins has no interest to get more whales to pump and dump it like they do with others altcoins... soo better medium as low class on bitcoin now... later who knows ...

Yes and we should really not care what people around us are speaking about the bitcoins, The same was the case when internet came into existence every one was against the internet and everyone thought that it would be just a snap shot but today everyone knows what internet is and same would be with Bitcoins in the future.


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: dollarneed on June 17, 2015, 02:31:21 AM
bitcoins has no interest to get more whales to pump and dump it like they do with others altcoins... soo better medium as low class on bitcoin now... later who knows ...

Yes and we should really not care what people around us are speaking about the bitcoins, The same was the case when internet came into existence every one was against the internet and everyone thought that it would be just a snap shot but today everyone knows what internet is and same would be with Bitcoins in the future.

Yes so many negative rumors about bitcoin, and people that never used bitcoin feel that bitcoin is bla bla bla and bla, but actually they never knew the adavantages by bitcoin its like internet when it was firs time launched people against it,but today what they've got so many advantages that they feel it, all we have to do just promote it


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: Erza on June 17, 2015, 05:57:48 AM
bitcoins has no interest to get more whales to pump and dump it like they do with others altcoins... soo better medium as low class on bitcoin now... later who knows ...

Yes and we should really not care what people around us are speaking about the bitcoins, The same was the case when internet came into existence every one was against the internet and everyone thought that it would be just a snap shot but today everyone knows what internet is and same would be with Bitcoins in the future.

Yes so many negative rumors about bitcoin, and people that never used bitcoin feel that bitcoin is bla bla bla and bla, but actually they never knew the adavantages by bitcoin its like internet when it was firs time launched people against it,but today what they've got so many advantages that they feel it, all we have to do just promote it

Nope, there are pro and contra about bitcoin. What I know is bitcoin is the best in their technology and no one can beat it for now and their

disadvantages is there are many bad mouth talking about bitcoin


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: knowhow on June 18, 2015, 08:39:27 PM
we need media to keep talking about bitcoin ,if some bad news can affect the price but the comunitty is strong soo wil hold it easy let BITCOIN alive and im sure who is rich doesnt wanna know about bitcoin .... they didnt need to do anything else they live from interest from banks as the fortune they had soo why to try bitcoin since they dont know it well


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: Xenoph0bia on June 18, 2015, 08:44:49 PM
bitcoins has no interest to get more whales to pump and dump it like they do with others altcoins... soo better medium as low class on bitcoin now... later who knows ...

Yes and we should really not care what people around us are speaking about the bitcoins, The same was the case when internet came into existence every one was against the internet and everyone thought that it would be just a snap shot but today everyone knows what internet is and same would be with Bitcoins in the future.

Yes so many negative rumors about bitcoin, and people that never used bitcoin feel that bitcoin is bla bla bla and bla, but actually they never knew the adavantages by bitcoin its like internet when it was firs time launched people against it,but today what they've got so many advantages that they feel it, all we have to do just promote it

Nope, there are pro and contra about bitcoin. What I know is bitcoin is the best in their technology and no one can beat it for now and their

disadvantages is there are many bad mouth talking about bitcoin

That is the reason why bitcoin is getting unpopular because of the some negative publicity and negative news spread by the media and government related to bitcoins and that is the reason people don't find it trustworthy and have a feeling that it is an risky investment to make.


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: MF Doom on June 19, 2015, 01:01:56 PM
bitcoins has no interest to get more whales to pump and dump it like they do with others altcoins... soo better medium as low class on bitcoin now... later who knows ...

Yes and we should really not care what people around us are speaking about the bitcoins, The same was the case when internet came into existence every one was against the internet and everyone thought that it would be just a snap shot but today everyone knows what internet is and same would be with Bitcoins in the future.

Yes so many negative rumors about bitcoin, and people that never used bitcoin feel that bitcoin is bla bla bla and bla, but actually they never knew the adavantages by bitcoin its like internet when it was firs time launched people against it,but today what they've got so many advantages that they feel it, all we have to do just promote it

There are a lot of rumors about btc, yes, but it does provide a niche for internet criminals to anonymously launder money.

Although they always tend to forget that cash is used for just as many (actually a lot more) illegal activities...


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: Herbert2020 on June 19, 2015, 01:35:58 PM
bitcoins has no interest to get more whales to pump and dump it like they do with others altcoins... soo better medium as low class on bitcoin now... later who knows ...

Yes and we should really not care what people around us are speaking about the bitcoins, The same was the case when internet came into existence every one was against the internet and everyone thought that it would be just a snap shot but today everyone knows what internet is and same would be with Bitcoins in the future.

Yes so many negative rumors about bitcoin, and people that never used bitcoin feel that bitcoin is bla bla bla and bla, but actually they never knew the adavantages by bitcoin its like internet when it was firs time launched people against it,but today what they've got so many advantages that they feel it, all we have to do just promote it

Nope, there are pro and contra about bitcoin. What I know is bitcoin is the best in their technology and no one can beat it for now and their

disadvantages is there are many bad mouth talking about bitcoin

That is the reason why bitcoin is getting unpopular because of the some negative publicity and negative news spread by the media and government related to bitcoins and that is the reason people don't find it trustworthy and have a feeling that it is an risky investment to make.
yeah sadly there always are a lot of negative news about bitcoin. and a lot of FUD being spread. like for example the recent MasterCard talking negative about bitcoin and attacking it. all these bad news are going to create a negative mentality towards bitcoin for people who are not using it.


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: knowhow on June 19, 2015, 08:08:41 PM
can create a bad thing but will make people search about bitcoins... so they should choose by themselfs.... my brain tells me currently that mastercard is loosing clients already that are using bitcoins.... soo they started to feel something on their pockets.... image btc transfers become instant same as cards currently .... with the low fees i would say ¨hasta la vista baby¨ to several companies loosing their customers.


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: LFC_Bitcoin on June 19, 2015, 08:55:20 PM
Richard Branson - 'I have invested in Bitcoin because I believe in its potential, the capacity it has to transform global payments is very exciting. It has been obvious to us all for quite some time that people aren’t satisfied with the business as usual approach adopted by the major payment networks. There’s a real desire for greater levels of control, freedom and scrutiny over what happens with our money, Bitcoin addresses these concerns and that is why so many people believe it represents the future'

Rapper 'Nas' - "[Bitcoin] will evolve into an industry as big, if not bigger, than the Internet. My man Ben Horowitz really opened my eyes to that point. This isn't of the Internet age, bitcoin is its own age."

Akon - Bitcoin “is going to change the world from a money transactional standpoint not just for Africa, but for everywhere”

Ashton Kutcher - Speaking at the TechCrunch Disrupt NY conference last year, he said: "The bigger thing with bitcoin is: what can that decentralised technology really do? […] Imagine if we could decentralise that issue of security, and if we can decentralise security."

"The notion that we could civically monitor each other in an anonymous way actually keeps the anonymity of the Internet, we don’t have to worry about Big Brother and that same infrastructure that built out bitcoin could be used in the security industry for mass good," he added.

Former Spice Girl Mel B - "I love how new technology makes our lives easier, and to me, that’s exciting," she said. "Bitcoin unites my fans around the world using one currency. They can just pay using bitcoins."


Seattle Seahawks cornerback Richard Sherman - “For all you techies out there, I’m now accepting Bitcoins at my online store http://store.richardsherman25.com,”  “I hear it’s the currency of the future"




Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: Erza on June 20, 2015, 08:29:02 AM
bitcoins has no interest to get more whales to pump and dump it like they do with others altcoins... soo better medium as low class on bitcoin now... later who knows ...

Yes and we should really not care what people around us are speaking about the bitcoins, The same was the case when internet came into existence every one was against the internet and everyone thought that it would be just a snap shot but today everyone knows what internet is and same would be with Bitcoins in the future.

Yes so many negative rumors about bitcoin, and people that never used bitcoin feel that bitcoin is bla bla bla and bla, but actually they never knew the adavantages by bitcoin its like internet when it was firs time launched people against it,but today what they've got so many advantages that they feel it, all we have to do just promote it

Nope, there are pro and contra about bitcoin. What I know is bitcoin is the best in their technology and no one can beat it for now and their

disadvantages is there are many bad mouth talking about bitcoin

That is the reason why bitcoin is getting unpopular because of the some negative publicity and negative news spread by the media and government related to bitcoins and that is the reason people don't find it trustworthy and have a feeling that it is an risky investment to make.

Actually it depends on yourselves, although there is so many negative words from everywhere but that is your choice to make whether you believe

them so you didnt have a chance to get money or believe yourselves and slowly start this business and get more bitcoin with this method


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: Daniel91 on June 20, 2015, 12:59:51 PM
bitcoins has no interest to get more whales to pump and dump it like they do with others altcoins... soo better medium as low class on bitcoin now... later who knows ...

Yes and we should really not care what people around us are speaking about the bitcoins, The same was the case when internet came into existence every one was against the internet and everyone thought that it would be just a snap shot but today everyone knows what internet is and same would be with Bitcoins in the future.

Yes so many negative rumors about bitcoin, and people that never used bitcoin feel that bitcoin is bla bla bla and bla, but actually they never knew the adavantages by bitcoin its like internet when it was firs time launched people against it,but today what they've got so many advantages that they feel it, all we have to do just promote it

Nope, there are pro and contra about bitcoin. What I know is bitcoin is the best in their technology and no one can beat it for now and their

disadvantages is there are many bad mouth talking about bitcoin

That is the reason why bitcoin is getting unpopular because of the some negative publicity and negative news spread by the media and government related to bitcoins and that is the reason people don't find it trustworthy and have a feeling that it is an risky investment to make.
yeah sadly there always are a lot of negative news about bitcoin. and a lot of FUD being spread. like for example the recent MasterCard talking negative about bitcoin and attacking it. all these bad news are going to create a negative mentality towards bitcoin for people who are not using it.

Yes, I'm also afraid that something like this can happen.
Recently, Hungarian central bank also gave a negative statement about Bitcoin: https://bitcointalk.org/index.php?topic=1089713.msg11615268#msg11615268 (https://bitcointalk.org/index.php?topic=1089713.msg11615268#msg11615268)
I guess that young people don't read much official news and don't trust it much but older generations really watch it and believe it.
The older generation is still the one who has money and can invest in bitcoin or use it, and so their acceptance of Bitcoin is very important for us. Unfortunately, financial elite is warning them against us and I'm afraid that they may be to scared to join us.


Title: Re: What Are The Financial Elite Saying About Bitcoin?
Post by: knowhow on June 22, 2015, 10:55:29 PM
give time to time they will get into this world ,the world is on panic with dollar with euro with bad news all days... this enviroment is just going to make bitcoin enter when the people need it ,bitcoin is the answer they will know they must search all info by them selfes..... i look always deep all information media pass to us.... they wanna sell just that.