Keiser Report: Jon Matonis on BitCoin vs central bankers

[hazek]

Buckle up and fasten your seatbelts, this mike be a big boost:

http://www.youtube.com/watch?v=2GiQEECNcZM


EDIT: Btw horrible timing for the wiki pages to be down. Anyway we can get that fixed ASAP?

[grondilu]

already mentionned in the "bitcoin press hits" thread.

But this is such a good interview per se, that I guess it deserves its own thread.

[hazek]

Oh damn, and I did do a search before I made the thread 

[mewantsbitcoins]

I'm glad they didn't go into mining. I think mining should be left out all together when Bitcoins are introduced for the first time. Mining just confuses people and redirects attention to things majority don't even have to know. If there are questions about it, people should be redirected to the wiki/forum where they can explore the underpinning concepts of Bitcoin

But overall, it's was brilliant and very professional

[benjamindees]

Finally a real mention on the Keiser Report.  But the fact that this guy was behind Hushmail does not inspire confidence.  Hushmail was a completely doomed-from-the-start "encrypted" webmail scheme that suckered a bunch of idiots into using it and then opened all of their mailboxes as soon as the authorities came knocking.

[Garrett Burgwardt]

Eh, it was okay. The guy being interviewed didn't want to talk about what the interviewer wanted to get covered, it seems.

Still, media mentions are good

[grondilu]

The so-called "guy" is Jon Matonis and he's a regular on this forum.

He did a brilliant and indeed very professional job explaining bitcoin to Max Keiser.

[Garrett Burgwardt]

The so-called "guy" is Jon Matonis and he's a regular on this forum.

He did a brilliant and indeed very professional job explaining bitcoin to Max Keiser.

I'm no good with names and didn't feel like looking it up.

And don't get me wrong, it was a good interview, but watching it, I can see how it'd be confusing for someone who doesn't have any knowledge going in.

I think my complaint is that I don't like television interviews, so cramped for time.

[grondilu]

I think my complaint is that I don't like television interviews, so cramped for time.

Very true.  Television sucks, really.

Anyway:

TODO:

Max Keiser
Peter Schiff
Marc Faber
Gerald Celente
Jim Rogers
Ron Paul

[hazek]

Off topic:

Finally a real mention on the Keiser Report.  But the fact that this guy was behind Hushmail does not inspire confidence.  Hushmail was a completely doomed-from-the-start "encrypted" webmail scheme that suckered a bunch of idiots into using it and then opened all of their mailboxes as soon as the authorities came knocking.

What? Hushmail opened the mailboxes?! How is that possible if they said that if I lost my password there's nothing they could do??

[marcus_of_augustus]

Great stuff.

Jon Matonis is becoming a legend in my book. Been following his writings since he came on the web ...
http://themonetaryfuture.blogspot.com/
He is no johnny-come-lately to this cause that is for sure. He was one of the very few guys who understood what was happening and that has stood up publicly to the crap from the facist statist money-meddlers over the years. Awesome that he is onto bitcoin and posts here.

[grondilu]

By the way it was also nice to hear Max Keiser talk about linux (around 06:45).

[theymos]

I don't think it was a very good interview. Matonis is a good speaker, but Keiser kept talking about unrelated things.

RT is not very reputable in my book, but it's good that Bitcoin is being covered by somewhat-mainstream sources.

[NakedBits]

It was neat seeing Max learning about Bitcoin.

I wish I would have been part of this 3 years ago. Congratulations to all you early adopters and all your contributions.

Here's mine - www.nakedbits.com -  for whoever comes along after me and sees this thread.

BTC4LYFE 

[Beliathon]

Bitcoin vs central bankers is about as absurd as horses vs cars, or oil vs. steam power.

This isn't a competition, this is technological evolution.

[Vessko]

What? Hushmail opened the mailboxes?! How is that possible if they said that if I lost my password there's nothing they could do??

Oh, they did something much worse. They did a man-in-the-middle attack on the accounts specified by the warrant issued by the government. Basically, they replaced the public key of the person you were writing to with their own public key - one for which they had the secret key and could decrypt the communication. Then they re-encrypted it with the real public key of the recipient and sent it to them. That's how they could read the traffic and forward it to the government. They couldn't know your password - but also didn't need it.

Basically, don't trust any encryption "service". You have to do your encryption yourself, on your own machine, using a public key for which you know for sure that it belongs to the intended recipient.

[dooglus]

Buckle up and fasten your seatbelts, this mike be a big boost:

http://www.youtube.com/watch?v=2GiQEECNcZM

That link no longer works but the video is available here: https://www.dailymotion.com/video/x2x653u