2013-3-13 - day trade show - Bitcoins are Different than Federal Reserve Notes

[Mjbmonetarymetals]

 

http://youtu.be/9argEEJinNA

[peepee]

I couldn't even get through the first minute. 

[labestiol]

I couldn't even get through the first minute. 

I did. So bad it's actually funny 

[xcsler]

This guy is a moron blinded by his gold and silver claiming that Bitcoin is fiat.
Does he even understand what fiat means? Pathetic.

[beckspace]

Bitcoins are not created, they are mined (discovered).

[odolvlobo]

It was odd that he said that bitcoin is debt-based fiat money because you can it with any fiat currency. Hmm, can't you buy gold and silver with any fiat currency?

[imanikin]

He was an ardent Bitcoin critic, and then saw some positives in it, and now again did this big negative rant against them...

He seems to be a reasonable guy. I think he lost some money on this latest fork crisis or something, and his usual daytrader tricks such as shorting don't work reliably with Bitcoin, as he discussed. So, he is frustrated with it right now.