It is interesting to continue to witness some of the hostility, confusion, and seemingly misinformation in the mainstream media towards bitcoin.

Adam White (from Coinbase) doesn't really do very well in that video interview in reframing the hostility away from bitcoin.

Sure, he makes several good points, but those good points seem to become lost in the fray, and there seemed to be a lot of perpetuation of misconceptions and misinformation by the hosts, whether intentional or not.

So, in other words, some folks seem to be so skeptical of bitcoin that they are going to end up chasing the bitcoin train at $3k and above.. dumb asses.     

By the way, even if some of these bitcoin skeptics are scared of bitcoin, its volatility and adoption, they can still consider whether making 1% investment towards bitcoin might not be prudent in terms of diversification of their finances (and hedging, possibly)..

Surely, we are going to witness some of these bitcoin skeptic folks evolve in their thinking in the coming years, no?

I am not so sure. The older ones are hard to budge.

I personally think the new money will come in over the next few years from young people with fresh thinking and open minds. The school kids now who are beginning to think about going out in to the working world.

The oldies die off and the youngsters become of age (with regards to btc)

Yes. But having the Chinese regulate their exchanges cleans that pussy up (to use your retarded analogy).

The chinese exchanges were a systematic risk. It was even mentioned in some of the comments to the SEC that the exchanges could be used to manipulate the price. Clean that up and all of a sudden we have a greater chance of being aproved.

Them doing nothing? No doubt there'll be a vast array of opinions on the subject. I'd say these are the very last applications they'd stick on their pile and forget about.

I don't think market behaviour like this will look too impressive to the SEC pondering ETFs right now. Bitcoin has lifted her skirt to reveal a sloppy pussy, or double dick arrangement, or even BOTH.

No we should thank them. They are cleaning up their exchanges and at the same time the risk of China baning bitcoin is highly reduced. If you wanted bitcoin to ever succeed this was the best that could happen imo