[EUROBIT] Simon Dixon - Why is it so hard to disrupt banking

[molecular]

http://www.youtube.com/watch?v=8oeMsfm5D5s

Presenting at the Bitcoin conference Simon Dixon shares how to disrupt banking and why banking is so indisputable.

[Andrew Vorobyov]

This guy has a lot of energy, but he is very shallow... just spent my time in vain... nothing new

[niko]

This guy has a lot of energy, but he is very shallow... just spent my time in vain... nothing new

Agreed. I quit watching half way through, when he stated how people who offer things for free (as in open source) have to be careful because they actually hurt the economy and destroy jobs.  He said how working people then can't earn their wages because I can get stuff for free.  By the same (silly) token, why would people need to earn wages if they can get stuff for free?  My response makes as much sense as his initial observation.

Anyhow, just wasted 3 more minutes typing this. .Enough.

[genjix]

There is another discussion: https://bitcointalk.org/index.php?topic=1958.1760

Not wasting more time on this.

[BubbleBoy]

I quit watching half way through, when he stated how people who offer things for free (as in open source) have to be careful because they actually hurt the economy and destroy jobs.

For a self-proclaimed "banking reformer" this guy is surprisingly dull. When he started talking about how MP don't understand the true nature of money, I was almost sure he doesn't either. Surely enough he confirmed it seconds later.

[Boussac]

I quit watching half way through, when he stated how people who offer things for free (as in open source) have to be careful because they actually hurt the economy and destroy jobs.  He said how working people then can't earn their wages because I can get stuff for free.  By the same (silly) token, why would people need to earn wages if they can get stuff for free?

+1
I felt the same while listening to this speech in Prague and I like your argument against the silly idea of "free-software-destroys-paying-jobs".