[2014-08-11] Video: Tech Visionary George Gilder: "Bitcoin is the Solution...

[LiteCoinGuy]

Tech Visionary George Gilder: "Bitcoin is the Libertarian Solution to the Money Enigma."

https://www.youtube.com/watch?v=V9hb0EKAcro&feature=youtu.be


http://en.wikipedia.org/wiki/George_Gilder


worth a watch 

[Chef Ramsay]

Tech Visionary George Gilder: "Bitcoin is the Libertarian Solution to the Money Enigma."

https://www.youtube.com/watch?v=V9hb0EKAcro&feature=youtu.be


http://en.wikipedia.org/wiki/George_Gilder


worth a watch 

The guy definitely is pretty smart but that likely takes away from his charisma. But, he did drive home the nuts and bolts about the passage of time and ir-reversibility which is what Bitcoin is all about. Abundant resources chasing a finite medium of exchange necessitates the rise in price presuming the market cap keeps expanding.

[gmx95]

I don't think everybody agrees with that. The banks would not just drop the dollar and embrace bitcoin. Can you imagine oil or gas to be sold for bitcoin?

[Chef Ramsay]

I don't think everybody agrees with that. The banks would not just drop the dollar and embrace bitcoin. Can you imagine oil or gas to be sold for bitcoin?

Yeah, admittedly I only made it half way through but even I don't see that happening. If we can getting better payment adoption, capture a decent amount of the remittance market and convert more precious metals holders we'll be in great shape.