Bitcoin Forum
August 22, 2019, 08:24:59 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2014-10-18] Video: Elon Musk Speaks About Bitcoin...and has no clue  (Read 1517 times)
LiteCoinGuy
Legendary
*
Offline Offline

Activity: 1148
Merit: 1001


In Satoshi I Trust


View Profile WWW
October 18, 2014, 07:39:59 PM
Last edit: October 18, 2014, 08:37:59 PM by LiteCoinGuy
 #1

Elon Musk Speaks About Tesla and SpaceX at Vanity Fair’s New Establishment Summit

http://www.youtube.com/watch?v=fPsHN1KyRQ8&feature=youtu.be&t=31m6s


not the best video, too much stutter  Undecided
i also think he does not know enough about BTC

1566462299
Hero Member
*
Offline Offline

Posts: 1566462299

View Profile Personal Message (Offline)

Ignore
1566462299
Reply with quote  #2

1566462299
Report to moderator
1566462299
Hero Member
*
Offline Offline

Posts: 1566462299

View Profile Personal Message (Offline)

Ignore
1566462299
Reply with quote  #2

1566462299
Report to moderator
1566462299
Hero Member
*
Offline Offline

Posts: 1566462299

View Profile Personal Message (Offline)

Ignore
1566462299
Reply with quote  #2

1566462299
Report to moderator
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1566462299
Hero Member
*
Offline Offline

Posts: 1566462299

View Profile Personal Message (Offline)

Ignore
1566462299
Reply with quote  #2

1566462299
Report to moderator
1566462299
Hero Member
*
Offline Offline

Posts: 1566462299

View Profile Personal Message (Offline)

Ignore
1566462299
Reply with quote  #2

1566462299
Report to moderator
1566462299
Hero Member
*
Offline Offline

Posts: 1566462299

View Profile Personal Message (Offline)

Ignore
1566462299
Reply with quote  #2

1566462299
Report to moderator
odolvlobo
Legendary
*
Offline Offline

Activity: 2590
Merit: 1393



View Profile
October 19, 2014, 01:41:15 AM
 #2

He made a couple comments about Bitcoin at 33:40.

Paraphrasing ...

Quote
Bitcoin is a good thing. It will be used primarily for illegal transactions, but that is not necessarily bad. I own no Bitcoins.

Buy stuff on Amazon at a discount with bitcoins or convert Amazon points to bitcoins: Purse.io
Join an anti-signature campaign: Click ignore on the members of signature campaigns.
BTCLuke
Hero Member
*****
Offline Offline

Activity: 525
Merit: 505


My other Avatar is also Scrooge McDuck


View Profile
October 19, 2014, 06:10:05 AM
 #3

Disappointing.


Luke Parker
Bank Abolitionist
kjlimo
Legendary
*
Offline Offline

Activity: 1876
Merit: 1002


View Profile WWW
October 19, 2014, 02:26:22 PM
 #4

He made a couple comments about Bitcoin at 33:40.

Paraphrasing ...

Quote
Bitcoin is a good thing. It will be used primarily for illegal transactions, but that is not necessarily bad. I own no Bitcoins.


Lol. Any press is good press?

Coinbase for selling BTCs or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
PM me with any questions on these sites!  Happy to help!
Kprawn
Legendary
*
Offline Offline

Activity: 1750
Merit: 1058


View Profile
October 20, 2014, 08:06:13 AM
 #5

Well, He might change his mind, if someone want to pay him in BTC

I just wonder what kind of banking fees these guys have per month. I guess if you have that kind of money to play with rockets, banking fees are the least of your worries.

Most of the rich people, pay no banking fees anyways. {At my Fiat bank, you pay NO banking fees, if you keep your balance above a certain amount, but you get nearly NO interest too}

Money transfer, will be another matter entirely and this is where the crux of difference will come into play.  Cheesy 

freebitcoin.TO WIN A  LAMBORGHINI!..

.
                                ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
                    ▄▄▄▄▄██████████████████████████████████▄▄▄▄
                    ▀██████████████████████████████████████████████▄▄▄
                    ▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
                    ▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
                      ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
                           ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
                   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Skinnyman
Member
**
Offline Offline

Activity: 61
Merit: 10


View Profile
October 20, 2014, 12:17:07 PM
 #6

He made a couple comments about Bitcoin at 33:40.

Paraphrasing ...

Quote
Bitcoin is a good thing. It will be used primarily for illegal transactions, but that is not necessarily bad. I own no Bitcoins.


Well I think he's right as that's what it was mainly used for initially, but we all know it's growing away from that side. I would like to know what percentage of transactions are used on the dark market compared to legit merchants, though.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!