2013-04-12 Roger Ver Rocks on FoxBusiness!!

[wolverine.ks]

addtionally, its pretty much guaranteed that bitcoins have never, and will never be used to fund a war.

isnt that the kind of currency system the world is looking for?

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[Severian]

addtionally, its pretty much guaranteed that bitcoins have never, and will never be used to fund a war.

isnt that the kind of currency system the world is looking for?

You hit the nail on the head. When the academic said, "It's not the kind of currency we want", that's exactly what he meant. It bothered me and you just put the light on it.

[xcsler]

The Keynesians have had their turn to run the economy it's time for the Austrian Cryptogeeks to have theirs!

[Akka]

Well if you are into such things like personality types:

Lets call him the professor he is clealy an SJ (sensing - Judjment) probably an ISTJ (Introversion- sensing - thinking - Judment)

SJs are observant, stable and motivated by a need to maintain security. They are realistic, routinized administrators requiring tasks be completed correctly and that people behave appropriately. SJs make thorough examinations to ensure everything is done according to plan. They make sure no more and no less credit is given than due. When a need arises, they are quick to provide a solution, provided that the need is justified. SJs are not driven by impulse, but rather by concrete fact. By virtue of their reliable, diligent, industrious, persevering nature, they make excellent leaders.

ISTJs are responsible, loyal and hard working. They have an acute sense of right and wrong and work hard at preserving established norms and traditions.

While Roger is probably an SP (Sensing - perception) probably an ESTP (Extraversion - Sensing - Thinking -Perception)

SPs are observant, experiential and primarily driven by sensation. They are flexible, aesthetically-aware, “here and now” people that, with hardly a moment’s notice, will go where their senses lead. SPs naturally make an effort (with a realistic approach) not to miss an opportunity that may prove to be thrilling, pleasing or otherwise valuable. SPs are are laid back, open-minded and love to feel alive. They have a tendency toward athletics and anything that involves creating or crafting.

ESTPs are action-loving, “here and now” realists with excellent people skills. Informal, risk-taking, fast-paced and adaptable, they are not always in agreeance with rules and regulations.

What want I say with this post?

The ISTJs have ruled this world for to long. Time to end this!

[tjohej]

You all make it sound like this is some sort of game of who will come first to the finish line.

Roger and the other two presented their views, opinions and they respected each others opinions. I was glad that Roger was so calm without being agitated or anything, so he's good for PR.

[Akka]

You all make it sound like this is some sort of game of who will come first to the finish line.

Roger and the other two presented their views, opinions and they respected each others opinions. I was glad that Roger was so calm without being agitated or anything, so he's good for PR.

Of course. Rodger is an awesome guy. One of the if (not the) best representative speaksmans Bitcoin has.

Every time I have seen him so far, he has managed to represented Bitcoin in Professional way I really admire him for.


* Gosh this sound like I'm crawling in his a**

[marcus_of_augustus]

You all make it sound like this is some sort of game of who will come first to the finish line.

Um, it was the professor of finance that said it was a game. Unfortunately, he appears to be unaware of the irony in that him (and hundreds of millions of others) were duped into playing the Federal Reserve's version of the game ... and they are losing terribly. Hint: take a look at Llyod Blankfein's, Jamie Dimon's, etc take home pay.

[ninjarobot]

+1 to Roger.

He was composed, direct, rational and had solid arguments. What a relief after the cringing TV appearances of Amir Taaki recently.

The professor was just spreading FUD with blanket statements like "It is a game", "It can be hacked", "Nobody knows who created this thing", "The gold standard failed". I did sense a "deer in the headlights" look his eyes though. Disruption is a bitch and it is coming straight at ya Prof.

[Transisto]

...did sense a "deer in the headlights"...

Exactly, that's always a pleasure to watch the establishment freak out ,,,

[Koekiemonster]

Very well done Roger, too bad you couldn't respond at the end.

[noedaRDH]

You all make it sound like this is some sort of game of who will come first to the finish line.

Roger and the other two presented their views, opinions and they respected each others opinions. I was glad that Roger was so calm without being agitated or anything, so he's good for PR.

Of course. Rodger is an awesome guy. One of the if (not the) best representative speaksmans Bitcoin has.

Every time I have seen him so far, he has managed to represented Bitcoin in Professional way I really admire him for.


* Gosh this sound like I'm crawling in his a**

I think Trace Mayer is better. He goes into depth about things without sounding too upbeat.

[beckspace]

It's nice to have examples of merchants accepting bitcoins and converting part or all of them to dollars (Evr Bar NY) using BitPay and the bitcoinstore's example, where the merchant keeps the bitcoins.

Personally, I was not surprised by Roger's revelation in choosing bitcoin over dollars, but it's nice such confidence be shown on TV.

Reporter:

"Roger, you only take bitcoins exclusively in your online site. How is that working exactly? Do you hold them? Do you convert them back to dollars?"

Roger (in just 46 seconds):

"I'm confident that Bitcoin is the most important invention of the entire history of the world, since the Internet. And because the supply of bitcoins is limited, the price is gonna go up."

"So every order that we get at bitcoinstore.com, I just hold the bitcoins. I don't convert them into dollars. I trust bitcoins more than I trust dollars, euros or yen."

"And you can see around the world all the crazy things that governments are doing to debase their currencies. With bitcoins that can't happen. And it is protected by the laws of mathematics, not the laws of man. We don't know what the US government is gonna do with the dollar tomorrow (reporter agrees), what the europeans are going to do with the euro, and the japanese are going crazy printing japanese yen as well."

"With Bitcoin I don't have to worry about any of that. I know exactly how the Bitcoin protocol is gonna behave. I don't have to trust any government (reporter agrees again), politicians or someone else with my money. I have complete control about what I do with my own bitcoins. That'a a wonderful thing."

[The Bitcoin Catalog]

Roger just nail it! 
great job!

[julz]

It's nice to have examples of merchants accepting bitcoins and converting part or all of them to dollars (Evr Bar NY) using BitPay and the bitcoinstore's example, where the merchant keeps the bitcoins.

Personally, I was not surprised by Roger's revelation in choosing bitcoin over dollars, but it's nice such confidence be shown on TV.

Reporter:

"Roger, you only take bitcoins exclusively in your online site. How is that working exactly? Do you hold them? Do you convert them back to dollars?"

Roger (in just 46 seconds):

"I'm confident that Bitcoin is the most important invention of the entire history of the world, since the Internet. And because the supply of bitcoins is limited, the price is gonna go up."

"So every order that we get at bitcoinstore.com, I just hold the bitcoins. I don't convert them into dollars. I trust bitcoins more than I trust dollars, euros or yen."

"And you can see around the world all the crazy things that governments are doing to debase their currencies. With bitcoins that can't happen. And it is protected by the laws of mathematics, not the laws of man. We don't know what the US government is gonna do with the dollar tomorrow (reporter agrees), what the europeans are going to do with the euro, and the japanese are going crazy printing japanese yen as well."

"With Bitcoin I don't have to worry about any of that. I know exactly how the Bitcoin protocol is gonna behave. I don't have to trust any government (reporter agrees again), politicians or someone else with my money. I have complete control about what I do with my own bitcoins. That'a a wonderful thing."

I thought it was a little unfortunate that he's holding all the coins.
...And I find the claim surprising - surely he means the profit component, not the whole lot. Does he really earn enough from his other businesses to pay for all the merchandise he sells on bitcoinstore?

If he had been converting to USD it would have provided a good counterpoint to the other guest's claim that Bitcoin is 'a game' and not a 'real monetary or payment system'.

[smoothie]

"Too shady"

LOL obviously this is coming from someone who has not looked at the source code.

I love the irony of many of the arguments against bitcoin. Entertainment GALORE! 

[BTCLuke]

Too bad Roger didn't say: "I don't convert them to other currencies, instead I prefer to spend them within the bitcoin economy."