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Author Topic: 2013-10-27 Seeking Alpha: Bitcoin Remains Not Viable And Borderline Illegal  (Read 1215 times)
Arvicco
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October 28, 2013, 03:03:07 PM
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http://seekingalpha.com/article/1777312-bitcoin-remains-not-viable-and-borderline-illegal

Your usual anti-Bitcoin piece from all-too-familiar position of gold-worshipping technophobe. It is very clear that the author prefers to regurgitate obsolete cliches as opposed to his own thinking. Also, he doesn't understand how Bitcoin works and fills his gaps of understanding with ignorance and fearmongering to build his argument. Standing on such shaky ground, the whole construction unravels after a couple of intelligent comments.

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October 28, 2013, 06:25:18 PM
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Wonder what he'll say if the FBI joins our little crime ring by selling the seized bitcoins.
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October 28, 2013, 06:27:33 PM
 #3

dont read it but you should always be open to lots of investment ideas: gold, silver, stocks, houses, land etc etc
if you have a dogma in one thing, its always a bad choice.

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October 29, 2013, 10:21:30 PM
 #4

First paragraph: "Bitcoin is insanity."

He's either hopelessly ignorant or has an ideological axe to grind.

Plus... I have to *register* to read the rest? Including the comments?

Sorry, but the first page is enough to decide that that's just not worth the time & hassle.

Bitcoin is the ultimate freedom test. It tells you who is giving lip service and who genuinely believes in it.
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In the future, books that summarize the history of money will have a line that says, “and then came bitcoin.” It is the economic singularity. And we are living in it now. - Ryan Dickherber
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The idea that deflation causes hoarding (to any problematic degree) is a lie used to justify theft of value from your savings.
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October 30, 2013, 01:19:14 PM
 #5

This is the same idiocy that permeates Zerohedge.

"If I can't hold it in my hand, well it ain't worth nuttin' goldarnit!" < ringing spittoon noise >

Sure thing old '49 miner, just sit on down and don't get yourself in a dander. Fucking hell, like these idiots are capable of using portable electronics that include cellular radios and GPS, but god forbid they even THINK about trying to use something that involves the internet.

Fucking hopeless idiots.

fortitudinem multis - catenum regit omnia
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October 30, 2013, 01:30:44 PM
 #6

This is the same idiocy that permeates Zerohedge.

"If I can't hold it in my hand, well it ain't worth nuttin' goldarnit!" < ringing spittoon noise >

Sure thing old '49 miner, just sit on down and don't get yourself in a dander. Fucking hell, like these idiots are capable of using portable electronics that include cellular radios and GPS, but god forbid they even THINK about trying to use something that involves the internet.

Fucking hopeless idiots.


I imagine it's spin rather than ignorance. The public is fickle and easily swayed by spin, so we should not underestimate our adversaries.
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October 30, 2013, 02:44:44 PM
 #7

This is the same idiocy that permeates Zerohedge.

"If I can't hold it in my hand, well it ain't worth nuttin' goldarnit!" < ringing spittoon noise >

Sure thing old '49 miner, just sit on down and don't get yourself in a dander. Fucking hell, like these idiots are capable of using portable electronics that include cellular radios and GPS, but god forbid they even THINK about trying to use something that involves the internet.

Fucking hopeless idiots.


I imagine it's spin rather than ignorance. The public is fickle and easily swayed by spin, so we should not underestimate our adversaries.


We can just underestimate their future net worth Smiley

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