That video is painful to watch.
This guy is on video basically demonstrating his ignorance of Bitcoin.
He incorrectly names Satoshi an "anonymous hacker" when satoshi is simply a programmer-- not a hacker.
Secondly the guy says he wouldn't trust an anonymous hacker, but the source code is open source so there's nothing hidden about bitcoin to "trust".
This is just one of those people who don't get it and will simply be mowed over by this evolution in money. Some people will never get it, like Warren Buffet (and this guy). They're too old to get with the new.
Typical old dumbasses talking about Bitcoin when they just should stick to oil while it lasts. Jesus Christ, only when the generation of all those old idiots die we'll be free from their deprecated opinions and their equally deprecated assets. They have literally no idea on what's going on, somewhat amusing to see. I can't believe such illiterate morons got so wealthy.
He is only a few years older than Satoshi probably is. And about 8 years younger than Hal Finney was...so don't lump all of that age group together. :-)
(Admittedly he does look closer to Buffett's age (84) but he is "only" 51-ish (
http://en.wikipedia.org/wiki/Sebastian_Mallaby). He does look like an insufferable prick though.)
Thank you for that - the ageism thing gets very tiresome here at times.
An interesting issue is why Bloomberg and other MSM outlets present FUD like this - presumably they want
BTC to fail, and it is probably not because they are old and/or stupid, more likely they are heavily vested in status quo financial systems. If that is the case, the campaigns are likely to go on for some time and younger spokesFUDders will be found as needed. On the other hand, perhaps they just want eyeballs to advertise to, in which case saying outrageous things to create buzz is an old journalistic standby.
I chart my own course and generally ignore mass media noise, and I try to avoid drawing conclusions about arbitrary demographic groups based on tiny samples - especially when a tiny sample is obvious spin.
