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Title: 2013-03-22 Jim Sinclair on Bitcoin Post by: n8rwJeTt8TrrLKPa55eU on April 05, 2013, 12:53:21 PM I don't think this was posted at the time it happpened. From Q&A at March 20 NYC meeting.
Rather surprised he even knew what it was. Audio is muffled but key excerpts: Quote It's intriguing, but I don't see it as practical...showing tendency within the public to seek something which is better money than a promise to pay...I'm sure that if if I was a techie I'd like to get it...but I'm having a hard time thinking that Bitcoin is going to be any better than a Krugerrand or Maple Leaf... http://www.youtube.com/watch?feature=player_embedded&v=OTq76iBaBbc Especially for someone his age, this is a relatively moderate goldbug position as opposed to, say, Schiff or Pento. Title: Re: 2013-03-22 Jim Sinclair on Bitcoin Post by: n8rwJeTt8TrrLKPa55eU on May 07, 2013, 06:47:08 PM He weighed in again through an answer to a crappy question on the the WSJ Gavin interview:
Quote Dear Wolfgang, This is Bitcoin’s surrender to the "New Normal" in its own adventure into QE of a sorts. A computer cyber virtual currency form must not embarrass the dollar as it just did. Jim http://www.jsmineset.com/2013/05/06/jims-mailbox-1222/ Title: Re: 2013-03-22 Jim Sinclair on Bitcoin Post by: cypherdoc on May 07, 2013, 07:48:37 PM He weighed in again through an answer to a crappy question on the the WSJ Gavin interview: Quote Dear Wolfgang, This is Bitcoin’s surrender to the "New Normal" in its own adventure into QE of a sorts. A computer cyber virtual currency form must not embarrass the dollar as it just did. Jim http://www.jsmineset.com/2013/05/06/jims-mailbox-1222/ what's he talking about, QE for Bitcoin? Title: Re: 2013-03-22 Jim Sinclair on Bitcoin Post by: n8rwJeTt8TrrLKPa55eU on May 07, 2013, 08:03:03 PM what's he talking about, QE for Bitcoin? The guy asking the question misunderstood the current 11 million versus eventual 21 million as inflation, and so did he. Generation gap strikes again. |