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Bitcoin => Bitcoin Discussion => Topic started by: Bazil on June 09, 2011, 04:07:54 AM



Title: John Stossel talks about the Bitcoin
Post by: Bazil on June 09, 2011, 04:07:54 AM
Not sure if anyone saw this the the famous US libertarian John Stossel wrote a story on the bitcoin: http://www.foxbusiness.com/on-air/stossel/blog/2011/06/02/digital-currency-libertarian-future-0


Title: Re: John Stossel talks about the Bitcoin
Post by: nuggets4all on June 09, 2011, 04:18:33 AM
A nod of approval from Stossel's mustache lends much legitimacy to The Bitcoin.


Title: Re: John Stossel talks about the Bitcoin
Post by: Jaime Frontero on June 09, 2011, 04:21:57 AM
john stossel is an idiot.  even if he's right, he's still an idiot.

someday i hope to perfect a fission-like device that will fire stossel and geraldo rivera at each other in a magnetic containment tube - causing them to release all their energy in an orgasmic burst of...

...teh dumb.


Title: Re: John Stossel talks about the Bitcoin
Post by: Astro on June 09, 2011, 04:29:30 AM
Even a broken clock is right twice a day.


Title: Re: John Stossel talks about the Bitcoin
Post by: Jaime Frontero on June 09, 2011, 04:32:01 AM
Even a broken clock is right twice a day.

you are much more polite than i.

ok.  that works...


Title: Re: John Stossel talks about the Bitcoin
Post by: MoonShadow on June 09, 2011, 04:56:08 AM
john stossel is an idiot.  even if he's right, he's still an idiot.

someday i hope to perfect a fission-like device that will fire stossel and geraldo rivera at each other in a magnetic containment tube - causing them to release all their energy in an orgasmic burst of...

...teh dumb.

And you're an ass.  This was a neutral blog post, what is your problem with Stossel?  Are you his ex-wife or what?


Title: Re: John Stossel talks about the Bitcoin
Post by: niemivh on June 09, 2011, 05:07:03 AM
Stossel is a ------------, wait, you say he's promoting bitcoins????

Stossel is awesome!

 :D


Title: Re: John Stossel talks about the Bitcoin
Post by: Freakin on June 09, 2011, 05:13:24 AM
The only stance Stossel took in that article is that the war on drugs is a failure.  It was completely neutral on bitcoins.


Title: Re: John Stossel talks about the Bitcoin
Post by: Jaime Frontero on June 09, 2011, 05:38:49 AM
john stossel is an idiot.  even if he's right, he's still an idiot.

someday i hope to perfect a fission-like device that will fire stossel and geraldo rivera at each other in a magnetic containment tube - causing them to release all their energy in an orgasmic burst of...

...teh dumb.

And you're an ass.  This was a neutral blog post, what is your problem with Stossel?  Are you his ex-wife or what?

well creighto, i don't like people with the kind of forum that stossel has who lie about facts to support a political point of view:

http://www.fair.org/index.php?page=1133

...i don't like those who abuse the tax advantages of charitable institutions:

http://www.thenation.com/article/teflon-correspondent

...i am especially ticked off by global warming deniers - and hugely more so by those who lie and use unjustified character assassination to spread the disinformation that harms us all:

http://www.fair.org/activism/stossel-tampering.html

but other than that - and a few dozen more things about him that i won't burden you with - he certainly has a nice mustache.


Title: Re: John Stossel talks about the Bitcoin
Post by: evoorhees on June 09, 2011, 05:52:38 AM

...i am especially ticked off by global warming deniers - and hugely more so by those who lie and use unjustified character assassination to spread the disinformation that harms us all:

http://www.fair.org/activism/stossel-tampering.html

but other than that - and a few dozen more things about him that i won't burden you with - he certainly has a nice mustache.

I'm a global warming denier. I also think Stossel is fantastic, because he doesn't believe in using coercion to force his opinion on others.


Title: Re: John Stossel talks about the Bitcoin
Post by: Lynzoi on June 09, 2011, 06:00:02 AM
I have a friend who worships John Stossel... I keep having to point out to him the various manipulative things he does in his reporting. He garners attention by making everyone he talks to look like an idiot, through the magic of tricky editing. I recall one particularly stupid episode where he said the best way to save the tiger is to farm it for meat, and he implied that Chinese stores already sell things made of tiger meat. As evidence, he showed a picture of a tea package with a tiger on it. It's stupid.

One thing I like about Stossel though, is his willingness to take unpopular opinions. He defends the virtues of plastic and pesticide. He says teachers unions are a scam. He even defends polygamists.

I think the problem with him is he's lazy. He probably didn't do any research about Bitcoin himself, he probably hired someone else to look stuff up for him, and then he picks some sort of libertarian thing to tie it into (the war on drugs). He's also an extremist.

I generally hate reporters. They all seem to be liars.


...i am especially ticked off by global warming deniers - and hugely more so by those who lie and use unjustified character assassination to spread the disinformation that harms us all:

http://www.fair.org/activism/stossel-tampering.html

but other than that - and a few dozen more things about him that i won't burden you with - he certainly has a nice mustache.

I'm a global warming denier. I also think Stossel is fantastic, because he doesn't believe in using coercion to force his opinion on others.

This is not true at all. Did you read the links that were posted? Stossel lies and manipulates data, and as for coercion, he often interrupts people he is arguing with, or edits them out when they are about to say something intelligent. If that is not coercion, I don't know what is. I could come up with several specific examples and links to videos, but I am tired at the moment.


Title: Re: John Stossel talks about the Bitcoin
Post by: Montpelerin on June 09, 2011, 06:33:42 AM
john stossel is an idiot.  even if he's right, he's still an idiot.

someday i hope to perfect a fission-like device that will fire stossel and geraldo rivera at each other in a magnetic containment tube - causing them to release all their energy in an orgasmic burst of...

...teh dumb.

And you're an ass.  This was a neutral blog post, what is your problem with Stossel?  Are you his ex-wife or what?

well creighto, i don't like people with the kind of forum that stossel has who lie about facts to support a political point of view:

http://www.fair.org/index.php?page=1133

...i don't like those who abuse the tax advantages of charitable institutions:

http://www.thenation.com/article/teflon-correspondent

...i am especially ticked off by global warming deniers - and hugely more so by those who lie and use unjustified character assassination to spread the disinformation that harms us all:

http://www.fair.org/activism/stossel-tampering.html

but other than that - and a few dozen more things about him that i won't burden you with - he certainly has a nice mustache.

I'm sorry, but when the first accusational fact I search for from your sourced fair.org article is proven to be a blatant lie - the rest of your post (as well as your claims and positions) lose all credibility.

Quote
Stossel's errors are often so obvious that one wonders how they could have ended up on the air. In a 20/20 report on medical research (10/11/99), Stossel complained that too much funding was going to AIDS research, claiming that spending on the disease was "25 times more than on Parkinson's, which kills more people."

In fact, AIDS killed more than 16,000 people in the United States in 1999--down from 43,000 in 1995. Parkinson's, which is not itself generally fatal but contributes to other illnesses, has a mortality rate of 2 per 100,000 to less than 1 per 100,000, depending on the demographic group (BC Medical Journal, 4/01)--which works out to a death toll in the United States of less than 4,000 per year.

http://www.wolframalpha.com/entities/death/parkinson's_disease/e7/rk/ut/

http://www.wolframalpha.com/entities/death/HIV_AIDS/g5/8f/bn/


Maybe it is time to reconsider YOUR biased opinions?


Title: Re: John Stossel talks about the Bitcoin
Post by: MoonShadow on June 09, 2011, 07:42:34 AM
I have a friend who worships John Stossel... I keep having to point out to him the various manipulative things he does in his reporting. He garners attention by making everyone he talks to look like an idiot, through the magic of tricky editing.

No much editing is usually necessary.  Most people really are stupid.


Title: Re: John Stossel talks about the Bitcoin
Post by: MoonShadow on June 09, 2011, 07:48:06 AM
john stossel is an idiot.  even if he's right, he's still an idiot.

someday i hope to perfect a fission-like device that will fire stossel and geraldo rivera at each other in a magnetic containment tube - causing them to release all their energy in an orgasmic burst of...

...teh dumb.

And you're an ass.  This was a neutral blog post, what is your problem with Stossel?  Are you his ex-wife or what?

well creighto, i don't like people with the kind of forum that stossel has who lie about facts to support a political point of view:

http://www.fair.org/index.php?page=1133

...i don't like those who abuse the tax advantages of charitable institutions:

http://www.thenation.com/article/teflon-correspondent

...i am especially ticked off by global warming deniers - and hugely more so by those who lie and use unjustified character assassination to spread the disinformation that harms us all:

http://www.fair.org/activism/stossel-tampering.html

but other than that - and a few dozen more things about him that i won't burden you with - he certainly has a nice mustache.

Granted, everyone makes a few errors every now and again, but if Stossel was as bad as you (and your sources, don't you do your own fact checking?  I do, and I usually find that both Stossel and Beck are both much more accurate than the bloggers will admit; particularly when paired up against their ideological opposition such as that one guy who doesn't have a show anymore or that other guy that got fired from MSNBC.  What were their names again?  Hard to remember, as only about four people actually watched either show.) claim then he wouldn't be able to stay on television.  He would have been sued out of the business long ago.

A cursory look at your links tells me straight away that the sources that you trust don't deserve it.


Title: Re: John Stossel talks about the Bitcoin
Post by: syn on June 09, 2011, 01:12:09 PM
john stossel is an idiot.  even if he's right, he's still an idiot.

someday i hope to perfect a fission-like device that will fire stossel and geraldo rivera at each other in a magnetic containment tube - causing them to release all their energy in an orgasmic burst of...

...teh dumb.

The liberals all loved Stossel when he produced things that went after big business (he won many awards).  Once he started thinking for himself, and started questioning the corruption and incompetence of big government then the liberals hate him.

You sir are a liberal drone who probably spends the other half of your internet surfing time on reddit.  You are used to being fed what to think (you need to continue to fit in with your hipster crowed).

Please keep your droning to a  minimum here.  Think for yourself.

Does this line of thinking feel familiar to you:

Guantanamo bay open (Bush is Evil, but Obama OK)
Suspension of habeas corpus (Bush is Evil, but Obama OK)
Contracting with Haliburtan (Bush is Evil, but Obama its OK because he made them change their name)
Warretnless wiretaps (Bush is Evil, but Obama OK)
the list is long, but the lack of thinking for oneself is obvious...
 


Title: Re: John Stossel talks about the Bitcoin
Post by: jaimedimon on June 09, 2011, 01:53:39 PM
I have a friend who worships John Stossel... I keep having to point out to him the various manipulative things he does in his reporting. He garners attention by making everyone he talks to look like an idiot, through the magic of tricky editing. I recall one particularly stupid episode where he said the best way to save the tiger is to farm it for meat, and he implied that Chinese stores already sell things made of tiger meat. As evidence, he showed a picture of a tea package with a tiger on it. It's stupid.

Wait a minute, are you telling me there is no tiger meat in Chinese tea???




Title: Re: John Stossel talks about the Bitcoin
Post by: Lynzoi on June 09, 2011, 02:37:54 PM
I have a friend who worships John Stossel... I keep having to point out to him the various manipulative things he does in his reporting. He garners attention by making everyone he talks to look like an idiot, through the magic of tricky editing. I recall one particularly stupid episode where he said the best way to save the tiger is to farm it for meat, and he implied that Chinese stores already sell things made of tiger meat. As evidence, he showed a picture of a tea package with a tiger on it. It's stupid.

Wait a minute, are you telling me there is no tiger meat in Chinese tea???



Yeah I know, ludicrous right?

Here (http://youtu.be/OSPkVoGx5c4#t=5m05s) is this thing I am complaining about, if anyone cares.

Notice how he shows an example of a product that does not "cantain" tiger, and then a few seconds later, the exact same product appears on the screen for a split second, and Stossel is claiming the product actually does cantain tiger. Really, it's sickening. I swear Stossel does this sort of thing all of the time.

The idea that it's even possible to farm tigers is disturbingly stupid. I mean... it's a tiger. It's not a bison. I'm all for free market enterprise and everything, but... you want to farm tigers? Give me a break indeed.


Title: Re: John Stossel talks about the Bitcoin
Post by: jashan on June 09, 2011, 02:52:04 PM
Quote from John Stossel's article (http://www.foxbusiness.com/on-air/stossel/blog/2011/06/02/digital-currency-libertarian-future-0#ixzz1On36hbmU):

Quote
It is a digital currency that my producer tells me is valauble partly because it's untracable: there is supposedly no way for the government, or anyone else, to see who owns or transfers Bitcoins.

Maybe he should have checked with the Wiki first: Bitcoin Wiki: Weaknesses - Tracing a coin's history (https://en.bitcoin.it/wiki/Weaknesses#Tracing_a_coin_s_history)

Quotes from Bitcoin Wiki: Anonymity (https://en.bitcoin.it/wiki/Anonymity) (just one link down the line)

Quote
While the Bitcoin technology can support strong anonymity, the current implementation is usually not very anonymous.

Quote
The main problem is that every transaction is publicly logged. Anyone can see the flow of Bitcoins from address to address (see first image). Alone, this information can't identify anyone because the addresses are just random numbers. However, if any of the addresses in a transaction's past or future can be tied to an actual identity, it might be possible to work from that point and figure out who owns all of the other addresses. This identity information might come from network analysis, surveillance, or just Googling the address. The officially-encouraged practice of using a new address for every transaction is designed to make this attack more difficult.


Title: Re: John Stossel talks about the Bitcoin
Post by: MoonShadow on June 09, 2011, 03:22:30 PM
Quote from John Stossel's article (http://www.foxbusiness.com/on-air/stossel/blog/2011/06/02/digital-currency-libertarian-future-0#ixzz1On36hbmU):

Quote
It is a digital currency that my producer tells me is valauble partly because it's untracable: there is supposedly no way for the government, or anyone else, to see who owns or transfers Bitcoins.

Maybe he should have checked with the Wiki first: Bitcoin Wiki: Weaknesses - Tracing a coin's history (https://en.bitcoin.it/wiki/Weaknesses#Tracing_a_coin_s_history)

Quotes from Bitcoin Wiki: Anonymity (https://en.bitcoin.it/wiki/Anonymity) (just one link down the line)

Quote
While the Bitcoin technology can support strong anonymity, the current implementation is usually not very anonymous.

Quote
The main problem is that every transaction is publicly logged. Anyone can see the flow of Bitcoins from address to address (see first image). Alone, this information can't identify anyone because the addresses are just random numbers. However, if any of the addresses in a transaction's past or future can be tied to an actual identity, it might be possible to work from that point and figure out who owns all of the other addresses. This identity information might come from network analysis, surveillance, or just Googling the address. The officially-encouraged practice of using a new address for every transaction is designed to make this attack more difficult.

First, he admitted that he was operating on hearsay; second, it's a blog not a news article and third he is still way better than most of the "articles" on Bitcoin I've seen thus far.


Title: Re: John Stossel talks about the Bitcoin
Post by: YeniHurriyeT on June 10, 2011, 10:46:34 AM
I have a friend who worships John Stossel... I keep having to point out to him the various manipulative things he does in his reporting. He garners attention by making everyone he talks to look like an idiot, through the magic of tricky editing. I recall one particularly stupid episode where he said the best way to save the tiger is to farm it for meat, and he implied that Chinese stores already sell things made of tiger meat. As evidence, he showed a picture of a tea package with a tiger on it. It's stupid.

Wait a minute, are you telling me there is no tiger meat in Chinese tea???



Yeah I know, ludicrous right?

Here (http://youtu.be/OSPkVoGx5c4#t=5m05s) is this thing I am complaining about, if anyone cares.

Notice how he shows an example of a product that does not "cantain" tiger, and then a few seconds later, the exact same product appears on the screen for a split second, and Stossel is claiming the product actually does cantain tiger. Really, it's sickening. I swear Stossel does this sort of thing all of the time.

The idea that it's even possible to farm tigers is disturbingly stupid. I mean... it's a tiger. It's not a bison. I'm all for free market enterprise and everything, but... you want to farm tigers? Give me a break indeed.

He's not saying YOU have to farm Tigers. He's saying its the best way to preserve the species. And he's right. Would you use force to prevent people from farming tigers?

Personally, I hope no one farms Tigers and they DO go extinct so I can stop hearing people whine about them. Same goes for whales, rhinos, elephants, lynx, and every other endangered species.

As for global warming and other complaints about Stossel, pathetic. First of all, Global Warming is a retired term. It's called 'Climate Change' now. The Climate always changes. Whether or not humans have any effect on it doesn't change anything. What is certain is that governments (men with guns) are using Climate Change as an excuse to increase their power by taxing literally everything including your right to breath (exhaling releases the evil CO2!)


Title: Re: John Stossel talks about the Bitcoin
Post by: Lynzoi on June 10, 2011, 03:10:09 PM
He's not saying YOU have to farm Tigers. He's saying its the best way to preserve the species. And he's right. Would you use force to prevent people from farming tigers?

Personally, I hope no one farms Tigers and they DO go extinct so I can stop hearing people whine about them. Same goes for whales, rhinos, elephants, lynx, and every other endangered species.

As for global warming and other complaints about Stossel, pathetic. First of all, Global Warming is a retired term. It's called 'Climate Change' now. The Climate always changes. Whether or not humans have any effect on it doesn't change anything. What is certain is that governments (men with guns) are using Climate Change as an excuse to increase their power by taxing literally everything including your right to breath (exhaling releases the evil CO2!)
You don't understand. I'm not opposing tiger farming on moral grounds. I'm opposing tiger farming because it is a practical impossibility. A tiger is not a cow. Part of the reason tigers are so endangered is because they are very difficult to breed. All animals are not the same. It's amazing to me that people do not understand this.

Stossel seems to believe the rhino was saved because Africans used it to attract tourists. Nevermind the fact that the rhino is also critically endangered, and some species of rhino are even more endangered than the tiger is.

Does Stossel honestly believe that tigers are not used to attract tourists? It's one of the biggest things tigers are used for. I do not believe there is actually any law against tiger farming in the first place.

He even mentioned a few Chinese tiger breeders in his video. Of course, according to him, these exist because the owners are waiting for China to change their anti-tiger killing laws. Personally, I doubt that is the only reason they breed tigers. They probably breed them to sell to zoos, or as a tourist attraction. Why would someone breed tigers on pure speculation?

If everyone lived the way Stossel wanted them to live, you would get your wish. All endangered animals would go extinct.

I noticed you didn't comment on the fact that Stossel so blatantly manipulates information. That is what really annoys me about him, and that is the thing that really annoyed me about the tiger episode. Stossel sells himself as a man of unshakable and integrity, composed entirely out of pure logic and skepticism. Not swayed by popular trends but, only adhering to the facts. The truth is, he often either does not check the facts, or he purposefully manipulates the facts to suit his own anti-liberal agenda. I personally agree with many of the things Stossel says, but this kind of dishonesty disturbs me.