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Author Topic: [2014-10-18] Video: Elon Musk Speaks About Bitcoin...and has no clue  (Read 1569 times)
LiteCoinGuy (OP)
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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

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odolvlobo
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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.

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October 19, 2014, 06:10:05 AM
 #3

Disappointing.


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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?

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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 

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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.
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