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Bitcoin => Bitcoin Discussion => Topic started by: blatchcorn on August 02, 2014, 06:37:38 PM



Title: Propaganda at its finest: The Dangers of Bitcoin
Post by: blatchcorn on August 02, 2014, 06:37:38 PM
https://www.youtube.com/watch?v=Vu_UxecSrx0 (https://www.youtube.com/watch?v=Vu_UxecSrx0)

It's worth watching this for its comedic value, rather than educational uses  ;D


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: Death on August 02, 2014, 06:51:19 PM
The Triad mafia based in Hong Kong's wet dream. When they see this video, they will realize some of their problems are solved lol.


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: phillipsjk on August 02, 2014, 07:24:55 PM
Most of the facts in the video are not wrong: they are just emphasizing China's regulatory stance.

Seeing a 2014 video with CPU mining was a little weird though.


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: franky1 on August 02, 2014, 10:03:22 PM
its not really bad propaganda, i seen worse. its just highlighting that people should be very cautious,. no where did it say people will be arrested for using bitcoins or saying anything bad about businesses would be shut down.. just a "caution" message.

much like chocolate sometimes says may contain nuts or a movie that says may contain violence and scenes of a sexual nature. its not saying dont use. instead just be very careful.


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: odolvlobo on August 02, 2014, 10:13:14 PM
I don't see much wrong with the video. It was fairly accurate and not very negative. It basically warns that bitcoins can be stolen and stolen bitcoins are impossible to recover, and it talks about money laundering. I think the biggest issue is that it mentions mining for no good reason.

Bitcoin fan boys won't like it because it doesn't have many positive statements promoting Bitcoin. It did put the value of a bitcoin at $2500!


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: franky1 on August 02, 2014, 10:18:11 PM
It did put the value of a bitcoin at $2500!


maybe the video is a pre-release that wont reach TV screens for 3 months, so they raised the price in the script ready for the up coming rally lol
knit pickers: im jokingly speculating, chill


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: tmbp on August 02, 2014, 11:44:38 PM
Surprisingly without much propaganda, there is more propaganda in the communist U.S. than communist China.


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: Ektra on August 03, 2014, 02:08:59 AM
Pretty sensible video TBH


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: cbeast on August 03, 2014, 03:37:22 AM
Watch it a second time with the sound off and some K-Pop in the background.


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: phillipsjk on August 03, 2014, 04:58:35 AM

Bitcoin fan boys won't like it because it doesn't have many positive statements promoting Bitcoin. It did put the value of a bitcoin at $2500!


I don't speak chinese, but she said something like "cinq cin man-ga" not "dollars". They say "online" and "Bitcoin" in English.

I suspect they are valuing the Bitcoins at 5000 CNY or 400 USD each. The '$' would be an error in the caption.


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: Yakamoto on August 03, 2014, 05:09:35 AM
Watched it, laughed at it, gave the finger to it, moved on.

This was incredibly stupid.

"Oh, it looks like your money was sent to Columbia."

And you know the owner is in Colombia how?


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: phillipsjk on August 03, 2014, 05:11:45 AM
"Oh, it looks like your money was sent to Columbia."

And you know the owner is in Colombia how?

Classic inside job ;)


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: remotemass on August 03, 2014, 09:47:47 AM
Bitcoin has no fixed price but fiat currencies neither.
They don't seem to understand that bitcoin is scarce because the rewards of mining enter circulation and exist in a timely fashion.
When they talk about real money it becomes clear they don't understand that solving equations with processing power has nothing to do with creating material value. It actually just makes the network more secure and tamper-proof, allowing for the consensus achievement of what were the past transactions. The value of bitcoins is only due to its scarcity and utility, as they enter circulation and exist in a timely fashion.


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: remotemass on August 03, 2014, 09:55:16 AM

"Oh, it looks like your money was sent to Columbia."

And you know the owner is in Colombia how?

By the ip address associated with the transaction, I guess.


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: Meuh6879 on August 03, 2014, 11:58:54 AM
" i can remote controled my PC that it have my bitcoin wallet " ...  ::) TRAP !  ;D


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: JohnFromWIT on August 03, 2014, 12:15:42 PM
Looks like they have the same problem as us of needing to go into way too much detail when explaining it to average people.
Video seems sound enough though, apart from that fella holding the gun up near his face in the opening credits.


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: sugarfree on August 04, 2014, 11:32:31 AM
I just checked the address in the video.
https://blockchain.info/address/18oxyvbUQnDQAzrwFZCbyt1S57dnj3x3cW
LIES!!! she never had 2 bitcorns.


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: ipnone5only on August 04, 2014, 11:58:49 AM
Well that was a very balanced report. But still better news than cnn  :D


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: leanne on August 04, 2014, 12:16:47 PM
Most of the facts in the video are not wrong: they are just emphasizing China's regulatory stance.

Seeing a 2014 video with CPU mining was a little weird though.


Yeah, for us people who know how mining works these days and that CPU mining is bogus now, it is strange, but the general public does't know jack about Bitcoin in general, so it wouldn't even matter to them if they showed CPU mining, GPU mining, FPGA mining (everyone seems to be forgetting about that), or ASIC mining.


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: GTA on August 04, 2014, 12:19:06 PM
They explained what Bitcoin is even better than many news sites. Do all TV teaching programs there always use "dramas" to explain everything?


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: RepublicSpace on August 04, 2014, 12:39:55 PM
The most terrifying is the fact that they start explaining bitcoin with 'mining'.


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: JohnFromWIT on August 04, 2014, 12:41:15 PM
I just checked the address in the video.
https://blockchain.info/address/18oxyvbUQnDQAzrwFZCbyt1S57dnj3x3cW
LIES!!! she never had 2 bitcorns.

Damn it, Asian Holiwood!
You lied to us again!
Haha


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: cbeast on August 04, 2014, 12:46:48 PM
When Trezor is perfected, China will sing a different tune.


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: Jubettarr on August 04, 2014, 12:53:48 PM
Hahaha this is awesome. It looks like some sort of joke film you'd see on a british sketch comedy show. It even has the obvious, but not over-the-top, factual errors.


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: BitsBitsBits on August 04, 2014, 12:54:33 PM
That was a hilarious video! Can't believe it's so new still, you'd think people ought to know more about bitcoin nowadays. Tss


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: Dillar on August 04, 2014, 01:20:18 PM
To check your BTC balance on your phone is not the safest thing - I was thinking on that while watching video.


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: Bitcoin Magazine on August 04, 2014, 02:20:48 PM
i always check my wallet at mining.bitcoin.cz when my friends want to buy drinks. it's just what i do 


Title: Re: Propaganda at its finest: The Dangers of Bitcoin
Post by: phillipsjk on August 04, 2014, 08:36:11 PM
To check your BTC balance on your phone is not the safest thing - I was thinking on that while watching video.

Because the transaction ledger is public anyway, checking your balance is OK. Logging in remotely to a  machine with a hot wallet...maybe not so much.