funchiestz
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November 17, 2018, 09:47:37 AM |
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https://m.youtube.com/watch?v=uP6ATdAxuZwThis amuses me, watch him between 2-6 minutes on this video. He clearly has no idea as to what bitcoin is or what a bitcoin fork is. He compares bitcoin to say it keeps following the dollar based on the price people set things at, however, that’s just funny because it’s like saying the Euro, yen and pound sterling don’t exist as a real currency because our price also gets translate for things like oil from the American price of the dollar and even the place it was originally mined in ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . I think that the greatest danger for us is without this kind of knowledge, people making market comment. Bitcoin should be told to wider audiences. We have to make the whole world know.
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1Referee
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November 17, 2018, 11:35:16 AM |
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I simply don't understand how anyone could think that bitcoin is not a currency. It is, and potentially even more compared to fiat in a global sense. I also don't understand how some of these people think that fiat is something that is completely benign to hold in the long term but somehow, bitcoin is going to disappear and go to zero despite it being a much better store of value fundamentally than fiat due to decentralization and its capped emission curve. The dollar's purchasing power has consistently depreciated even without any major hyperinflationary crises in the US.
Some people are indoctrinated to think in a certain way, which doesn't surprise me at all. In order for them to be convinced of Bitcoin's usefulness and power, we'll need to go through a crisis similar to what happened during the credit bubble, or even better, a large to semi large fiat currency needs to collapse entirely. People only know that what they support right now is wrong, is to have it pop in their face and make them lose that what they have been working for their entire life. Average joes don't care much about the loss in purchasing power they experience year after year, they accepted that it's part of life, almost like paying tax. It's not for nothing that the gap between the rich and poor is only growing larger; smart money makes money because it understands the flaws of the system, dumb money loses money because it ignores these flaws.
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Kakmakr
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November 17, 2018, 12:40:54 PM |
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People's views and opinions is always backed by some preconceived hidden agenda. You will have to know why he is saying the things that he is saying and why he is backing the Dollar and not Crypto currencies. What is his wealth and investments built on and what will happen if a technology like Bitcoin, disrupts that technology. In essence it comes down to this, "Will he lose money, if he backs the new technology?" The Fiat system was good to these guys and most of their wealth is built on old outdated fiat technologies and financial instruments.
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Andrea9000
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November 17, 2018, 12:57:31 PM |
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He propagates his ideas or just wants to make a high-rise, raise reviews and earn even this. Do not pay attention to such people. Judging by the fact that you wrote about this post, you very much offended it
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Bobby park
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November 17, 2018, 01:05:26 PM |
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He compares bitcoin to say it keeps following the dollar based on the price people set things at, however, that’s just funny because it’s like saying the Euro, yen and pound sterling don’t exist as a real currency because our price also gets translate for things like oil from the American price of the dollar and even the place it was originally mined in ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . And many of the viewers will believe him, just in the way many still believe in 2018 that the Earth is flat. You'd be surprised what people believe or what they chose to believe... They are ancient people! Well, we cannot blame them if they do not have knowledge in cryptocurrency. I am also thinking the possible way on how to convey people to look at cryptocurrency because it is not the dollar or any fiat currency can circulate in our economy. Cryptocurrency is helpful also for us and it may be the future of currency.
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FlightyPouch
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November 17, 2018, 01:06:31 PM |
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He propagates his ideas or just wants to make a high-rise, raise reviews and earn even this. Do not pay attention to such people. Judging by the fact that you wrote about this post, you very much offended it
But even he posted this here in the forum, it is already in the television, it is a news and people would already view that interview and people or viewers will believe that it is true since he is there. Even if we know that it is false, what can we do now? It is already viewed by a lot of people and instead of saying this to us, post this somewhere that can be seen by a lot of people that is believing that news so they will know.
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BrewMaster
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There is trouble abrewing
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November 17, 2018, 01:10:54 PM |
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these days youtube is also filled with a lot of spammers. you think the signature spammers on bitcointalk are bad, wait until you see some of these videos from people who have no clue what they are talking about. this one seems like the best of the to be honest ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) i used to tell people who wanted to know about bitcoin to watch some youtube videos but now i no longer make such suggestions. unless i can give them direct link to Andreas Antanopolis videos since that is the only person worth watching.
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There is a FOMO brewing...
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beerlover
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November 17, 2018, 02:23:13 PM |
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People who have no idea about bitcoin talk about bitcoin all the time. I remember fox news once talked about 4chan like it was some person's nickname, they literally aired a news about 4chan without actually looking up what 4chan is on national television in front of millions of viewers. Many of whom did not know what 4chan was and they believed it was actually a person with a 4chan nickname, how could they not, they did not know it before and it was the first knowledge that was given to them. Same happens to bitcoin all the time, one of my closest friends still keep saying bitcoin is a scam and a complex one but instead of someone stealing from you in this scam everyone steals from each other, well at least he understands the decentralized part, he just thinks its not a decentralized currency, its a decentralized scam ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) which is funny and sometimes actually true but doesn't shed a single light on positives of using bitcoin.
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Pab
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November 17, 2018, 04:18:32 PM |
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Maybe he is blind or mega stupid I live in country what has his own currency There is yuan in China and jen in Japan Rubel in Russia and so on By my opinion bitcoin is rather asset than currency still crypto is not so much in use It is something what has to be changed in future
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Dimon8
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November 17, 2018, 06:28:42 PM |
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I think that fiat has outlived itself as money. The 21st Century is a century of innovation and digital technology. The process of replacing fiat money is already underway, this process is slow and little publicity is given to it.
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gorodi
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November 18, 2018, 06:23:41 AM |
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think deeply and will know that dollar is not the one
Naturally, dollar is not only the one and the best currency. Some Europeans will tell you that Euro is the best one, while British are sure that the pound is more powerful. Nevertheless, the crypto can become the alternative money.
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airdropcoin
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November 18, 2018, 06:33:03 AM |
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Although the US dollar is now a strong coin, it does not mean that the US dollar will continue to be strong in the future. It is an unequal performance to know that the US dollar is compressing the world's economies. Humans need real free trade to develop better.
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fullhdpixel
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November 19, 2018, 09:49:26 AM |
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https://m.youtube.com/watch?v=uP6ATdAxuZwThis amuses me, watch him between 2-6 minutes on this video. He clearly has no idea as to what bitcoin is or what a bitcoin fork is. He compares bitcoin to say it keeps following the dollar based on the price people set things at, however, that’s just funny because it’s like saying the Euro, yen and pound sterling don’t exist as a real currency because our price also gets translate for things like oil from the American price of the dollar and even the place it was originally mined in ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . I don't really think that chart gives any credit to US dollar at all. Think about inflation, do you still expect everything to be as cheap as 1913 times? I mean I am not a finance expert but all around the world the money we use daily loses value no matter in which country you are. Some of those currencies lost value much faster than US Dollar. I just think maybe the pace was a bit much or maybe it was alright but I definitely believe that US Dollar can't just sustain its value over years, we are talking about 100 years of history just with the same amount is not possible. I hope inflation is always low of course, I just wish inflation was as minimum as possible, but it is impossible for inflation to be non existent, even with small numbers it always happens.
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babarian
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November 19, 2018, 12:49:49 PM |
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who thinks like that? some exchangers in my country have received exchange of bitcoin with FIAT currency in our country. not only is the dollar the only currency
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Dudeperfect
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November 19, 2018, 03:09:52 PM |
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Sadly most of the people build their perception based on the other's opinion (especially when it is something about new innovation). Even today, there are the people who would believe such Youtubers just considering the fan following of those channels. It's implied trust which might or might not be true while explaining new innovations or concepts. As a user and well wisher of the crypto industry, I believe that we should focus more on explaining the fundamentals of crypto to those who are willing to explore it instead of wasting time on absent-minded criticism.
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setialovers
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November 20, 2018, 01:22:33 AM |
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US Dollar used for transaction in the world but the purchasing power always decrease. I am prefer choosing bitcoin because its digital cryptocurrency and we can use it as payment like money too. I am believe US Dollar will losing the domination in the world but bitcoin will expand in near future
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Sengoko
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November 20, 2018, 06:26:16 AM |
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https://m.youtube.com/watch?v=uP6ATdAxuZwThis amuses me, watch him between 2-6 minutes on this video. He clearly has no idea as to what bitcoin is or what a bitcoin fork is. He compares bitcoin to say it keeps following the dollar based on the price people set things at, however, that’s just funny because it’s like saying the Euro, yen and pound sterling don’t exist as a real currency because our price also gets translate for things like oil from the American price of the dollar and even the place it was originally mined in ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . Social media is just giving a lot of people the chance to display their stupidity to the world, lol. All they have to do is get a camera and a laptop and they are set to go. They will just wake up to record whatever nonsense that comes to their mind and upload to YouTube and I’m very sure that some people will like that video and also subscribe to his channel lmao.
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Big-bigger-bitcoin
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November 20, 2018, 07:47:10 AM |
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This is obviously wrong. The US dollar will quickly depreciate in the next 1-2 years. Americans should not be so selfish. Now it is a peaceful era. There is no need to control the global economy. It should be fairer and more free.
Well I think that USD is very strong because it has high demand and it can only get broken if all the countries reduce demand for USD and not just China or Iran. So the fact that whether dollar will depreciate or not depends on the US policies.
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Joand_or
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November 22, 2018, 06:48:49 AM |
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He propagates his ideas or just wants to make a high-rise, raise reviews and earn even this. Do not pay attention to such people. Judging by the fact that you wrote about this post, you very much offended it
But even he posted this here in the forum, it is already in the television, it is a news and people would already view that interview and people or viewers will believe that it is true since he is there. Even if we know that it is false, what can we do now? It is already viewed by a lot of people and instead of saying this to us, post this somewhere that can be seen by a lot of people that is believing that news so they will know. Hahaha absolutely we are listening this for like ten years. Till the first day of bitcoin entered international market, there are propagandas working to pinch bitcoin down and they are doing their work.
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DedgeDoge
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November 24, 2018, 05:08:25 AM |
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Although the US dollar is now a strong coin, it does not mean that the US dollar will continue to be strong in the future. It is an unequal performance to know that the US dollar is compressing the world's economies. Humans need real free trade to develop better.
Of course it cannot stay strong forever. The strength is primarily determined by the demand for the dollar and this will break if China and Russia completely diverted their trading medium from Dollars to their own currency.
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