Bitcoin Forum

Bitcoin => Press => Topic started by: bryant.coleman on April 27, 2014, 10:20:16 AM



Title: [2014-04-27] FxM: Missouri State Secretary Jason Kander Warns about Bitcoins
Post by: bryant.coleman on April 27, 2014, 10:20:16 AM
http://www.forexminute.com/bitcoin/missouri-state-secretary-jason-kander-warns-investors-about-bitcoin-investments-30217

Quote
Jason Kander, an American politician from the state of Missouri and a member of the Democratic Party, also working as Missouri Secretary of State and the youngest statewide elected official in America, has shown his concern about the safety of investments in Bitcoin. Recently, he said that there are apparent risks in investing in Bitcoin.

http://www.pitch.com/imager/the-missouri-gop-squeals-on-jason-kander/b/original/2564040/ed95/Kander_200.jpg


Title: Re: [2014-04-27] FxM: Missouri State Secretary Jason Kander Warns about Bitcoins
Post by: Bit_Happy on April 27, 2014, 10:35:11 AM
"He also added that it’s best to rely on only the most reputable sources of information and do your own due diligence before investing in potentially risky products. According to him citizens investing in Bitcoin should take care of these factors before investing and should not be lured by the tempting promises of instant benefits."

That section is "OK", but...
It's something you should learn from your parents, friends and/or real experiences. Do we really need the Nanny State protecting a big bunch of spoiled babies?


Title: Re: [2014-04-27] FxM: Missouri State Secretary Jason Kander Warns about Bitcoins
Post by: LiteCoinGuy on April 27, 2014, 11:43:17 AM
its okay what he said in the quote. its risky. there are bigger btc haters out there  :)


Title: Re: [2014-04-27] FxM: Missouri State Secretary Jason Kander Warns about Bitcoins
Post by: bryant.coleman on April 28, 2014, 01:12:23 AM
its okay what he said in the quote. its risky. there are bigger btc haters out there  :)

Partially correct, may be. That said, he was wrong when he said that Bitcoin is an investment. It is not. Rather, it is a currency. Do we use fiat currency as an investment? No. Same here.