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Author Topic: Peter Schiff vs Stefan Molyneux  (Read 739 times)
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November 28, 2013, 05:30:51 AM
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https://www.youtube.com/watch?v=mFcTJAQ7zc4

Peter Schiff gets crushed, everything he tries to say BTC can't/can have it just so happens to be the opposite.

Gold isn't the answer.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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November 28, 2013, 06:01:37 AM
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https://www.youtube.com/watch?v=mFcTJAQ7zc4

Peter Schiff gets crushed, everything he tries to say BTC can't/can have it just so happens to be the opposite.

I think one of the principal mistakes he is making is that he assumes it is necessary to "cash out" in order to profit, as is the case, more or less, with gold. This is of course, erroneous. Fiat to bitcoin can be a one way valve for those who are willing to spend their profits in bitcoin, which is more possible and popular every day. There need not be a rush to the exits.

Bitards are ignorant.

https://bitcointalk.org/index.php?topic=349869.msg3747555#msg3747555

https://bitcointalk.org/index.php?topic=349096.msg3744842#msg3744842

https://bitcointalk.org/index.php?topic=222998.msg3745278#msg3745278

https://bitcointalk.org/index.php?topic=336816.msg3745161#msg3745161

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