2013-11-28 BBC: Clash of the Bitcoin Experts

[Rotex]

Mike Hearn vs Dr Stephen Kinsella

http://www.bbc.co.uk/news/technology-25130261

[seriouscoin]

lol the only expert here is Mike, whos the other guy again? 

[P_Shep]

OH GOD THE COMMENTS! THE COMMENTS! ARRRRRRRGGGGHHHHH!

[superresistant]

lol the only expert here is Mike, whos the other guy again?  

Agree, why the fuck the second guy is interviewed, he don't know anything about Bitcoin. He is just being judgemental.
He's been fucked many times in successive bubble burst he invested in and he believe this story will repeat for everyone after him.

The big advantage of Bitcoin as "stateless money" is that when it collapses, the government won't have to bail it out.
Dr Stephen Kinsella

Yes that's the point asshole. Go cry to your government when FIAT money collapse. See if they care.

[bitlancr]

First BBC HYS I've seen on Bitcoin. Opportunity to educate the masses?

Some people are newbies is life. we have to re-educate them for them to understand logic things.

[Buffer Overflow]

In this case a lot of people are deciding a string of electrons are worth something, as opposed to nothing, and they want to sell it to the next guy as soon as possible.

Most people's wages are just a string of electrons every week/month. A record in a bank database.

[Tirapon]

lol the only expert here is Mike, whos the other guy again? 

'Clash of the Bitcoin expert vs. some other guy...'

Not quite as catchy I guess.

[Mike Hearn]

In fairness to the BBC, the other person they wanted dropped out at the last minute so they had to scramble to find someone. I think Dr Kinsella did OK. No, he isn't a Bitcoin expert, but he's giving the perspective of the common man who also isn't an expert but is highly suspicious of anything that smells like a get rich quick scheme or complicated "free lunch".

The point about how Bitcoin can have literally any price is well made - Bitcoin's utility is the same at $1 as $1000, in terms of it being useful for buying/selling things.

By the way, if you show top rated comments, the top comments are all pretty reasonable actually. A lot of people understand that state backed currencies are also primarily faith-based ...

[bitfromit]

Stephen Kinsella video from the Atlanta conference, perhaps not a huge B fan but he talks a lot of sense :
http://letstalkbitcoin.com/events/cryptocon/cryptocurrencycon-videos/#.UqI9iihbXeQ

[lonelyminer (Peter Šurda)]

Stephen Kinsella video from the Atlanta conference, perhaps not a huge B fan but he talks a lot of sense :
http://letstalkbitcoin.com/events/cryptocon/cryptocurrencycon-videos/#.UqI9iihbXeQ

That's a totally different guy, they just have a similar name.

[meanig]

Stephen Kinsella video from the Atlanta conference, perhaps not a huge B fan but he talks a lot of sense :
http://letstalkbitcoin.com/events/cryptocon/cryptocurrencycon-videos/#.UqI9iihbXeQ

That's a totally different guy, they just have a similar name.

This is the Stephen Kinsella from the BBC article



http://www.ul.ie/business/kbs-staff/dr-stephen-kinsella

Stephen Kinsella joined UL in September 2006. He has a BA in Economics and Mathematics from Trinity College, Dublin, an M.Econ.Sc, MA, and Ph.D in Economics from NUI, Galway under Prof. K.V. Velupillai. He holds an M.Phil in economics from the New School for Social Research in New York and a second Ph.D in economics from the New School under the direction of Prof. Edward Nell.

[bitfromit]

Stephen Kinsella video from the Atlanta conference, perhaps not a huge B fan but he talks a lot of sense :
http://letstalkbitcoin.com/events/cryptocon/cryptocurrencycon-videos/#.UqI9iihbXeQ

That's a totally different guy, they just have a similar name.

This is the Stephen Kinsella from the BBC article



http://www.ul.ie/business/kbs-staff/dr-stephen-kinsella

Stephen Kinsella joined UL in September 2006. He has a BA in Economics and Mathematics from Trinity College, Dublin, an M.Econ.Sc, MA, and Ph.D in Economics from NUI, Galway under Prof. K.V. Velupillai. He holds an M.Phil in economics from the New School for Social Research in New York and a second Ph.D in economics from the New School under the direction of Prof. Edward Nell.

Oh yes, my mistake.