Bitcoin Forum
April 27, 2015, 10:32:55 AM *
News: Latest stable version of Bitcoin Core: 0.10.0 [Torrent]
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: 2013-04-11 Bloomberg - Pozen Says Bitcoin Will 'Go Away'  (Read 1144 times)
kiko
Sr. Member
****
Offline Offline

Activity: 453


View Profile

Ignore
April 21, 2013, 11:21:37 AM
 #1

http://media.bloomberg.com/bb/avfile/vMz2NS2.R.oM.mp3

From the 'Bloomberg Surveillance' feed:
Quote
Adam Posen, former Bank of England board member and now the president of the Peterson Institute for International Econoimics, says private money like the virtual currency bitcoin "has a very unstable history." Posen talks with Bloomberg's Tom Keene on Bloomberg Radio's "Bloomberg Surveillance."

A little context: Adam Posen, until last year was a voting member at the Bank of England, arguing repeatedly for even more money printing. Needless to say he is fully supportive of the bitcoin project.

<warning> This one might make a few of you rage...</warning>

Note: I'm not sure how long Bloomberg keeps their rss feeds up, so this link might break soon.
1430130775
Hero Member
*
Offline Offline

Posts: 1430130775

View Profile Personal Message (Offline)

Ignore
1430130775
Reply with quote  #2

1430130775
Report to moderator
1430130775
Hero Member
*
Offline Offline

Posts: 1430130775

View Profile Personal Message (Offline)

Ignore
1430130775
Reply with quote  #2

1430130775
Report to moderator
pocketdiceAttention! This game is too realistic
and very addictive
Play now!
For the brave only

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1430130775
Hero Member
*
Offline Offline

Posts: 1430130775

View Profile Personal Message (Offline)

Ignore
1430130775
Reply with quote  #2

1430130775
Report to moderator
lonelyminer (Peter Šurda)
Donator
Hero Member
*
Offline Offline

Activity: 541


View Profile

Ignore
April 21, 2013, 12:05:07 PM
 #2

Well, one thing that Bitcoin does is that it makes statists expose themselves quickly and unambiguously.
Gordonium
Full Member
***
Offline Offline

Activity: 224



View Profile

Ignore
April 21, 2013, 01:01:57 PM
 #3

"Adam Posen, former Bank of England board member"

Nuff said.
StarfishPrime
Sr. Member
****
Offline Offline

Activity: 345


View Profile

Ignore
April 21, 2013, 01:25:08 PM
 #4

Wow. Neither Dr. Posen nor his interviewer seem to really understand bitcoin. They will soon enough.

It was sort of like listening to two four year olds talking about scary monsters.

The part about Dr. Posen's "Bitcoin Police" was priceless. LOL.

This may be the best example to date that some mainstream economists are no longer laughing, but are beginning to identify bitcoin as a threat. The problem is that economists like Dr. Posen are the ones advising governments and forming policy.


Paul Watson's Sea Shepherd Conservation Society now accepting BTC: http://www.seashepherd.org.au/support-us/support-us.html
herzmeister
Legendary
*
Offline Offline

Activity: 1428



View Profile WWW

Ignore
April 21, 2013, 01:42:33 PM
 #5

"GO AWAY!!! LEAVE ME ALONE!!! Maybe when I close my eyes and I pretend you don't exist you'll go away!!! Oh please God make it go away!!!"

I understand how they must feel.  Cry



https://localbitcoins.com/?ch=80k | BTC: 1LJvmd1iLi199eY7EVKtNQRW3LqZi8ZmmB
cypherdoc
Legendary
*
Offline Offline

Activity: 1484



View Profile

Ignore
April 21, 2013, 02:51:12 PM
 #6

well, we can expect to hear more negativity from Tom Keene as i alleged would come.

never ceases to amaze me why these guys never address the issue of how the current system allows only 0.01% of the world population to print money for themselves and not the rest of us. 

if you just step back and look at the sheer corruptness of that model there can be only one conclusion.  look out for yourself.
BitcoinAshley
Sr. Member
****
Offline Offline

Activity: 406



View Profile

Ignore
April 21, 2013, 04:32:38 PM
 #7

Well, one thing that Bitcoin does is that it makes statists expose themselves quickly and unambiguously.


QFT Grin
bennett616
Member
**
Offline Offline

Activity: 70


http://www.freebitcointips.co.uk/


View Profile WWW

Ignore
April 21, 2013, 04:33:31 PM
 #8

"Adam Posen, former Bank of England board member"

Nuff said.

Hahaha Tongue +1

Andy B

TraderTimm
Legendary
*
Offline Offline

Activity: 1092



View Profile

Ignore
April 21, 2013, 10:11:26 PM
 #9

Pozen wishes Bitcoin would go away, is more like it. This is sounding more and more like when Napster started, and the RIAA/MPAA did a complete freak-out.

fortitudinem multis - catenum regit omnia
teknomunk
Member
**
Offline Offline

Activity: 88



View Profile WWW

Ignore
April 22, 2013, 12:45:26 AM
 #10

Pozen wishes Bitcoin would go away, is more like it. This is sounding more and more like when Napster started, and the RIAA/MPAA did a complete freak-out.

So true.  "Oh no! This will destroy our complete monopoly!"  For everybody except them, that is generally a good thing.

The opposite of libertarian is authoritarian | Use PGP encryption: 0x48DD8AAB | Places Accepting Bitcoin on an OpenStreetMap
DublinBrian
Full Member
***
Offline Offline

Activity: 197


View Profile

Ignore
April 22, 2013, 09:50:27 AM
 #11

"Adam Posen, former Bank of England board member"

Nuff said.
The membership of the board cycles very quickly through members to give all the bureaucrats their time at the feeding trough. Doling out sinecures to economists, is how they buy off any opposition to money printing.

xcsler
Full Member
***
Offline Offline

Activity: 203



View Profile

Ignore
April 22, 2013, 01:57:16 PM
 #12

Yay! I just learned that I understand money better than a former central banker.

Free money, buy bitcoins!
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!