Bitcoin Forum

Bitcoin => Press => Topic started by: n8rwJeTt8TrrLKPa55eU on May 07, 2013, 11:43:53 PM



Title: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin: Rat Poison, Flakey
Post by: n8rwJeTt8TrrLKPa55eU on May 07, 2013, 11:43:53 PM
Watch the soon-to-be-dethroned wealthy elite protect their turf during the first minute of video below.

http://video.foxbusiness.com/v/2359385547001/mungerbuffett-disagree-on-corporate-tax-rates/?playlist_id=1034196606001


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin = Rat Poison, Flakey
Post by: BitChick on May 07, 2013, 11:50:14 PM
Funny!

Munger said that Bitcoin was Rat Poison and Flakey. Munger was asked about Bitcoin: "Do you understand what they are trying to do with it?"  To which he replied "No." 

Um.  Ok.  ::)

Sorry to be disrespectful to the "older crowd" but maybe it is his age?  I am not that young myself but I guess I am younger than I thought!   ;D


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin = Rat Poison, Flakey
Post by: beckspace on May 07, 2013, 11:56:45 PM
Bitcoin kills rats, indeed.


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin: Rat Poison, Flakey
Post by: BitChick on May 08, 2013, 12:18:41 AM
Watch the soon-to-be-dethroned wealthy elite protect their turf

Soon-to-be-dethroned.  ;D  

Hey,  the Bible says "Pride comes before a fall" and "a haughty spirit before destruction" so it seems like it is only a matter of time.  


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin: Rat Poison, Flakey
Post by: Stephen Gornick on May 08, 2013, 12:36:11 AM
elite protect their turf

Here's a thread on the topic:

Billionaires hate Bitcoin.
 - http://bitcointalk.org/index.php?topic=74284.0


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin: Rat Poison, Flakey
Post by: noedaRDH on May 08, 2013, 01:23:30 AM
Maybe Bill Gates is Satoshi or is behind the group known as Satoshi?


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin = Rat Poison, Flakey
Post by: da2ce7 on May 08, 2013, 05:13:34 AM
Bitcoin kills rats, indeed.

I think that it is a very endearing quality to have.  Rat poison when you have a plague of rats can become quite valuable.


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin: Rat Poison, Flakey
Post by: zoinky on May 08, 2013, 06:16:10 AM
So first they laugh?


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin: Rat Poison, Flakey
Post by: elux on May 08, 2013, 07:42:21 AM
Charlie Munger, on Bitcoin: "I think it's rat poison."

Bill Gates, on Bitcoin: "I think it's a technical tour de force."

Warren Buffett, on Bitcoin: "I think either Charlie or Bill is right."


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin: Rat Poison, Flakey
Post by: marcus_of_augustus on May 08, 2013, 08:14:21 AM
Dinosaurs discussing the weather as incoming meteors flash across the sky.


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin = Rat Poison, Flakey
Post by: cypherdoc on May 08, 2013, 08:23:41 AM
Bitcoin kill rats, indeed.

I think that it is a very endearing quality to have.  Rat poison when you have a plague of rats can become quite valuable.

I lol'd!


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin: Rat Poison, Flakey
Post by: kjlimo on May 08, 2013, 09:23:23 AM
Wow, this isn't really bitcoin news... they have less than 30 seconds on bitcoin...

I suppose that time is very valuable for these three so meh.


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin = Rat Poison, Flakey
Post by: kjlimo on May 08, 2013, 11:22:54 AM
Funny!

Munger said that Bitcoin was Rat Poison and Flakey. Munger was asked about Bitcoin: "Do you understand what they are trying to do with it?"  To which he replied "No." 

Um.  Ok.  ::)

Sorry to be disrespectful to the "older crowd" but maybe it is his age?  I am not that young myself but I guess I am younger than I thought!   ;D

I ride the bus with an old fireman who repeated swears when we discuss bitcoin as he is disgusted the world all doesn't use cash.

At this point he's helping me more than hurting because everyone listening is seeing the errors of his ways.

I appreciate his opposition so that I can practice my arguements for bitcoin.  It's just unfortunate he hasn't come around yet.  I hope it doesn't delay his retirement plans too much past mine...


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin = Rat Poison, Flakey
Post by: Nagan on May 08, 2013, 01:13:15 PM
Bitcoin kills rats, indeed.

Someone has to make a sticker with this phrase.


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin: Rat Poison, Flakey
Post by: elux on May 08, 2013, 02:52:49 PM

CNBC: Warren Buffett Tries to Explain 'Colorful Charlie' Munger (http://www.cnbc.com/id/100708111)

Quote
In a CNBC.com-only interview after a marathon question-and-answer session with shareholders, Becky Quick asks Warren Buffett to comment on some of Charlie Munger's best lines, including his opinion that letting Greece into the European Union was a stupid as using rat poison for whipping cream.

Y'all missed the reference. :P


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin = Rat Poison, Flakey
Post by: kiba on May 08, 2013, 04:14:38 PM
Sorry to be disrespectful to the "older crowd" but maybe it is his age?  I am not that young myself but I guess I am younger than I thought!   ;D

Bill Gate is an old man and he still respect it. That's because he's a technologist.


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin = Rat Poison, Flakey
Post by: phelix on May 08, 2013, 06:45:20 PM
Bitcoin kill rats, indeed.

I think that it is a very endearing quality to have.  Rat poison when you have a plague of rats can become quite valuable.

I lol'd!
+1


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin = Rat Poison, Flakey
Post by: foggyb on May 08, 2013, 08:39:26 PM
Funny!

Munger said that Bitcoin was Rat Poison and Flakey. Munger was asked about Bitcoin: "Do you understand what they are trying to do with it?"  To which he replied "No."  

Um.  Ok.  ::)


Yes it is rat poison. FOR RAT BANKERS & POLITICIANS.

https://dl.dropboxusercontent.com/u/5765587/rat%20poison.png


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin = Rat Poison, Flakey
Post by: marcus_of_augustus on May 08, 2013, 09:14:56 PM
Funny!

Munger said that Bitcoin was Rat Poison and Flakey. Munger was asked about Bitcoin: "Do you understand what they are trying to do with it?"  To which he replied "No."  

Um.  Ok.  ::)


Yes it is rat poison. FOR RAT BANKERS & POLITICIANS.

https://dl.dropboxusercontent.com/u/5765587/rat%20poison.png

luv the graphic ... rat bastards!


Title: Re: 2013-05-06 Fox Business: Buffet/Gates/Munger on Bitcoin: Rat Poison, Flakey
Post by: BitChick on May 08, 2013, 10:11:02 PM
Nice graphic!   ;D