"Bitcoin is working" - Richard Branson

[femmecoins]

Recently on Bloomberg...

http://www.coindesk.com/sir-richard-branson-bitcoin-working/

[ssmc2]

Confirmed

[cypherdoc]

he kept looking at Trish's legs.

[minerpumpkin]

Ha, of course it is working I successfully used it quite a few times already I wonder how big his secret stash of Bitcoin is. I believe some of those big players actually have their little or not-so-little stash of Bitcoin, just in case, you know...

[xDan]

Since it's coindesk, just read this in another article:

“We’ve got a range of people coming in,” he said. “There’s one guy who comes in every week on a Friday in a scaffolding van, and he feeds the machine a whole load of cash.”

http://www.coindesk.com/uk-bitcoin-atm-grosses-38k-last-month/

So which one of us is that?

[jbrnt]

Of course it is working, it has been working for years, but some seems to think it is only "working" if price is going up and must not be "working" if it is going down.

[oceans]

Well, when you have someone like Richard Branson come forward and say he feels that bitcoin is working you know it's a good thing. I personally believe it's definitely working, slowly....but it's working and it just needs a little more time to get better press and allow more to find out about it and start using it. The more comments like this one we get the better it will be in the end.

[minerpumpkin]

Since it's coindesk, just read this in another article:

“We’ve got a range of people coming in,” he said. “There’s one guy who comes in every week on a Friday in a scaffolding van, and he feeds the machine a whole load of cash.”

http://www.coindesk.com/uk-bitcoin-atm-grosses-38k-last-month/

So which one of us is that?

Ha, that's a great quote! I keep wondering how much those machines actually process, especially with all those incredibly high fees! I'd love some operators of those ATMs to give us some more numbers! I wonder what that guy is doing there... Remittance? Laundering money earned 'on the side'?

[minerpumpkin]

Well, when you have someone like Richard Branson come forward and say he feels that bitcoin is working you know it's a good thing. I personally believe it's definitely working, slowly....but it's working and it just needs a little more time to get better press and allow more to find out about it and start using it. The more comments like this one we get the better it will be in the end.

Yeah, but don't forget that there are quite some high-profile people who don't believe in Bitcoin... especially in the finance world. But I also believe that there's a high chance that this is changing at least some aspect of the financial system we know right now. I only think we don't know which, yet...

[maker88]

Well, when you have someone like Richard Branson come forward and say he feels that bitcoin is working you know it's a good thing. I personally believe it's definitely working, slowly....but it's working and it just needs a little more time to get better press and allow more to find out about it and start using it. The more comments like this one we get the better it will be in the end.

Yeah, but don't forget that there are quite some high-profile people who don't believe in Bitcoin... especially in the finance world. But I also believe that there's a high chance that this is changing at least some aspect of the financial system we know right now. I only think we don't know which, yet...

or they believe in it enough to fear it, and therefor have taken a negative position on bitcoin? maybe thinking they can stop it? they are mistaken. or maybe they really do think its just a fad and that its all over for bitcoin. but then they thought that last year too and the year before that...

[minerpumpkin]

Well, when you have someone like Richard Branson come forward and say he feels that bitcoin is working you know it's a good thing. I personally believe it's definitely working, slowly....but it's working and it just needs a little more time to get better press and allow more to find out about it and start using it. The more comments like this one we get the better it will be in the end.

Yeah, but don't forget that there are quite some high-profile people who don't believe in Bitcoin... especially in the finance world. But I also believe that there's a high chance that this is changing at least some aspect of the financial system we know right now. I only think we don't know which, yet...

or they believe in it enough to fear it, and therefor have taken a negative position on bitcoin? maybe thinking they can stop it? they are mistaken. or maybe they really do think its just a fad and that its all over for bitcoin. but then they thought that last year too and the year before that...

Yeah, at some point some people do change their mind. I've also just ignored Bitcoin for 2 years or so, until I did more research on it. I think they just don't really want to deal with it - maybe they're afraid to invest money, and thus just simply shun what they don't immediately get. Bitcoin can be difficult, after all!

[STT]

Branson is an investor in Bitpay I think?   Of course its working for him, I expect he is making money and would like to continue doing so hence his public backing.    In most new industry its the entrepreneurs and innovators who develop it further, then make most money in a technology.  Whoever brings that product to the masses has the most to gain, like Ford and the model T.   Wasnt necessarily the best version of motor carriage but he had it all regulated to a profit, I guess Branson knows what he is doing