[2013-12-10] Video - Bobby Lee: Stanford Seminar - Bitcoin, New Value in China!

[LiteCoinGuy]

Bobby Lee: Stanford Seminar - Bitcoin, New Value Chain in China

http://www.youtube.com/watch?v=Piasa1WgHjA


(His brother Charles Lee is the founder of Litecoin)

[1714948247]

1714948247

[happygeorge]

This is a great video!

Thanks for posting!  My best line out of this is at:

http://youtu.be/Piasa1WgHjA?t=28m25s


"The Future of Bitcoin... CANNOT BE STOPPED BY ANY GOVERNMENT!"

That is it! That is the main thing to learn from Bobby Lee here!

Why do I think this statement has HUGE weight, because of where he is operating! He is in the worlds most obviously SUPER REGULATED environment of all: CHINA

And, knowing that he feels the POTENTIAL of what the Chinese government may do, and he is so deeply involved with bitcoin there, that I am sure he has brainstormed day and night about all the possible way China could CRUSH his exchange and everything "bitcoin"... well, it seem that his honest final conclusion about ANY government's ability to stop bitcoin is:

"IT CANNOT BE STOPPED!"

- I needed to hear that, thanks Bobby!


ps: yes, I know the US is super regulated as well... but in the US there is a semblance of "freedom" atleast... so I would still put it behind China in as much as the "scary factor" in affecting what people think the gov't can do.

[LiteCoinGuy]

thanks, yes indeed, its a must watch and he makes some good jokes too  

i would be glad if bitcoin get a fair regulation. to keep the "bad people" out is also healthy for the bitcoin economy.


ps: his brother is the founder of Litecoin