Bitcoin Forum

Bitcoin => Press => Topic started by: marcus_of_augustus on June 14, 2015, 02:23:16 AM



Title: [2015-06-13] - NZ Herald: Matt O'Brien: The scam called Bitcoin]
Post by: marcus_of_augustus on June 14, 2015, 02:23:16 AM
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11462977 (http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11462977) Washington Post  propaganda pill.

Quote
People buy Bitcoins because they think the price will go to infinity and beyond once everybody uses them, but they don't spend their own Bitcoins because they think the price will go to infinity and beyond once everybody else uses them. And so nobody uses them.

I'm liking this new attempt at regurgitating the old FUD to manipulate the entrenched misinformation around the functioning of the monetary good, due to decades of indoctrination of the centralised fiat monopoly money. Seems like that's all they have left now.


Title: Re: [2015-06-13] - NZ Herald: Matt O'Brien: The scam called Bitcoin]
Post by: RaginglikeaBoss on June 14, 2015, 02:29:48 AM
And so hath the Sith raised their evil supreme facist capitalistic empire that we call the IMF.  Share the LSD next time before posting.


Title: Re: [2015-06-13] - NZ Herald: Matt O'Brien: The scam called Bitcoin]
Post by: marcus_of_augustus on June 14, 2015, 02:32:56 AM
And so hath the Sith raised their evil supreme facist capitalistic empire that we call the IMF.  Share the LSD next time before posting.

Perhaps some kind of parser to decrypt the incoherent babbling should accompany your messages?


Title: Re: [2015-06-13] - NZ Herald: Matt O'Brien: The scam called Bitcoin]
Post by: Kprawn on June 14, 2015, 08:23:42 AM
This was written by a child .. right?

And I quote ---> " The catch-22 is people buy Bitcoins because they think the price will go to infinity and beyond once everybody uses them, but they don't spend their own Bitcoins because they think the price will go to infinity and beyond once everybody else uses them. And so nobody uses them. But if nobody uses them, then the price will stay stuck at something a lot less than infinity let alone beyond. "

He has obviously watched Toy Soldiers way too much. He should switch to reporting on Rugby, because the All Blacks stand a good chance of winning the World Cup this year.  ;D ;D ...that is if he can hype it up a bit.


Title: Re: [2015-06-13] - NZ Herald: Matt O'Brien: The scam called Bitcoin]
Post by: aigeezer on June 14, 2015, 04:01:15 PM
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11462977 (http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11462977) Washington Post  propaganda pill.


I didn't get your WaPo remark at first - then I remembered last week's bizarre piece by the same author https://bitcointalk.org/index.php?topic=1086015.0

What are the mechanisms that get this kind of nonsense from one side of the world to another? (he asks, rhetorically).


Title: Re: [2015-06-13] - NZ Herald: Matt O'Brien: The scam called Bitcoin]
Post by: marcus_of_augustus on June 14, 2015, 11:29:43 PM
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11462977 (http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11462977) Washington Post  propaganda pill.


I didn't get your WaPo remark at first - then I remembered last week's bizarre piece by the same author https://bitcointalk.org/index.php?topic=1086015.0

What are the mechanisms that get this kind of nonsense from one side of the world to another? (he asks, rhetorically).


Quote
“A lie can travel half way around the world while the truth is putting on its shoes.”
- Mark Twain

is the mechanism you are referring to I believe.