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Title: Peter Schiff's 3 criticisms of Bitcoin rebutted. Post by: successcouncil on December 04, 2013, 06:07:32 PM 1. Bitcoin is too volatile for money.
http://www.youtube.com/watch?v=cTockndTQd8&feature=share&list=PL1zCD-urlm3jr7YmC4CAocwxdTPFn6FmK 2. Bitcoin has no intrinsic value (Fails Regression Theorem). http://www.youtube.com/watch?v=NIBpM6lhydE&feature=share&list=PL1zCD-urlm3jr7YmC4CAocwxdTPFn6FmK&index=1 3. Crypto currencies are not scarce. http://www.youtube.com/watch?v=0kx9zTF2u5I&feature=share&list=PL1zCD-urlm3jr7YmC4CAocwxdTPFn6FmK&index=2 |