Adam Curry & John Dvorak Bring the Hate for Bitcoin

[Lethn]

'Only' $150,000 a year? What an ungrateful cunt!

[1714711740]

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[1714711740]

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[dotcom]

Adam Curry tells the world how angry he is about having 143 Bitcoins he can't sell...

http://flowthego.com/na/NA-Bitcoin-Sucks-20130307.mp3

Very sad.

[Transisto]

RELATED : https://bitcointalk.org/index.php?topic=150742

[Transisto]

BTW this is today's show : http://www.youtube.com/watch?v=LShUiOJuGrY

I'll point out to parts where they talk about bitcoin ,,, (in an edit)

[Charlie Prime]

What did they say this time?

[myrkul]

What did they say this time?

More of the same. John pouring on the hate, Adam showing his astonishing level of ignorance.

The show is usually really good, but on some things, they completely miss the point. (Dvorak, famously once said the mouse would never catch on - though this was well before NA.)

[Charlie Prime]

Ah thanks.  I've been a listener for a year, but quit today.

Five minutes into today's I deleted the episode and removed their feed from my podcatcher.

I realized they are a huge waste of my time.  Last year they did interesting media deconstructions.

This year it's:

- 20% bitching about not getting enough money
- 50% low-brow Perez Hilton style celebrity/politician ridicule.
- 20% reading donator shout-outs
- 10% interesting news angles

Suffering 140 minutes of crap to get 10 minutes of value is foolish.

[Lethn]

Suffering 140 minutes of crap to get 10 minutes of value is foolish.

Reminds me of how I feel when I play MMORPG's

[Mike Christ]

Suffering 140 minutes of crap to get 10 minutes of value is foolish.

Reminds me of how I feel when I play MMORPG's

So true.

[iCEBREAKER]

curry and dvorak are not 1337.  They are exa-laymers until they

Take the time to understand how the internet destroys everything on its path;

Take the time to understand that gov'ts have crossed a bridge then burned it, they can't shut down the internet without major infrastructure and supply chain cascading collapses; the Internet is now one of those "hubs" described in the FEASTA "trade-off"paper;  

Take the time to understand one-way cryptography and public key cryptography;

Take the time to understand that if you want to steal a bitcoin, it's as easy as breaking the RIPEMD function of the result of the SHA256 function of the result of the private key; you might as well be the greatest discrete mathematician of all time if you can break these three tried-and-proven methods **simultaneously**. 
Take the time to understand that govt's transferred the risks from banks to fiat, and high inflation and banking holidays lie ahead;

Take the time to understand that 1 bitcoin is (today) as scarce as 10kgs of gold.  (5 Billion above ground gold ounces versus 10,881,100 bitcoin). 

Basically, you have to be at the intersection of understanding the antifragility of the internet, the robustness of cryptography, the fragility of fiat, the skin in the game that people into bitcoin have and the zero skin in the game of those in the halls of fiat power---all at the same time.  I talk to cryptographers that simply can't/won't listen to the fragility of the fiat regime; and I talk to major gold bulls that simply don't understand the difference between a bernanke buck that can be created with the stroke of a pen and a bitcoin that takes extreme negentropy to create.


Gold is valuable money because of negentropy, as the 2nd law of thermodynamics tries to destroy it, gold ignores it.  People have realized this intuitively over the centuries, and gold will always be good money.  


Bitcoin has even more negentropy, and absolutely zero use value.   

/best zerohedge comment all weekend

[Transisto]

Today's update ,,, ( I quit)
http://www.youtube.com/watch?feature=player_detailpage&v=LShUiOJuGrY#t=5905s

[iCEBREAKER]

don't waste your precious time listening to these clueless buffoons. 

Download the latest mp3s from kingworldnews.com and learn something valuable instead.   

[CharlesPonzi]

The trouble is hes trying to cash out to fiat and not looking for something to buy within the economy. Even buy some gold at coinabul since hes a gold nut.

Fail.

[myrkul]

The trouble is hes trying to cash out to fiat and not looking for something to buy within the economy. Even buy some gold at coinabul since hes a gold nut.

Fail.

Coinabul would probably be his best bet, but he was looking for things to buy. The choices just suck.

[molecular]

The trouble is hes trying to cash out to fiat and not looking for something to buy within the economy. Even buy some gold at coinabul since hes a gold nut.

Fail.

Coinabul would probably be his best bet, but he was looking for things to buy. The choices just suck.

The choices on milkraod are overwhelming. Someone said he liked to smoke the bong... maybe he should pick up the habit again.

[Nancarrow]

Cool. Dvorak is to computers what Proudhon is to bitcoin speculation.

Really? Lol. Is that why or because we mostly use qwerty keyboards?

Different Dvorak.

I liked his Hovis ad, though.

[Charlie Prime]

Now they are saying Bitcoin is a pump-n-dump scheme owned by Max Keiser.

[molecular]

Now they are saying Bitcoin is a pump-n-dump scheme owned by Max Keiser.

Lol. Other people say Max Keiser is Satoshi and Bitcoin can't be a world currency because there only will be 21 million of them and there are 7 billion people on earth... how the hell should that work.

Some people should read and think first, then talk.

[Lethn]

I'll tell you one thing, when I did bother to listen, it was like listening to my parents when they pretend to know anything about computers, exactly like that.