[2015-03-13] Video Tuur Demeester: How to Invest in Bitcoin

[LiteCoinGuy]

Tuur Demeester: How to Invest in Bitcoin

Tuur Demeester explains what is Bitcoin and how he discovered it. He says Bitcoin is important because it is private money and that this is and will be a concern of many people. Demeester tells that while he was looking for solutions to the financial system and spending time in Latin America to get to know how people act, he found Bitcoin in Buenos Aires, Argentina.

https://www.youtube.com/watch?v=YLwaqlakOWc

[Armis]

It's always nice to see new converts share their view of bitcoin.   Still innocent, undefiled by CC scams, ... whooops, I wrote that before I got to 5:50 hahahahaa when he started to talk about the growth of bitcoin. hahahaha followed by referring people to 'localbitcoins' to buy bitcoins, otherwise it was good.

thanks

[Slark]

I think it is great that they have people in South America who know what is going on and how to promote bitcoin. I will be really great if they can establish crypto community there. I heard that their FIATs in South America  are unstable, susceptible to high inflation and bitcoin could be cure for it.

[Armis]

I think it is great that they have people in South America who know what is going on and how to promote bitcoin. I will be really great if they can establish crypto community there. I heard that their FIATs in South America  are unstable, susceptible to high inflation and bitcoin could be cure for it.

you say that with a straight face, as opposed to a   or   or even  

Bitcoin is not, by any stretch of the imagination, a stable currency.   Look at 80% of the coin's performance for the YEAR 2014, nothing but downward dog -- talk about inflation.

The whole btc community is waiting, with baited breath, for btc to reach 300, not 3000 or 30,000 but just 300.  My God, that's where the coin was when it was just getting on it's feet two years ago; where's the stability in that?

[Slark]

I think it is great that they have people in South America who know what is going on and how to promote bitcoin. I will be really great if they can establish crypto community there. I heard that their FIATs in South America  are unstable, susceptible to high inflation and bitcoin could be cure for it.

you say that with a straight face, as opposed to a   or   or even  

Bitcoin is not, by any stretch of the imagination, a stable currency.   Look at 80% of the coin's performance for the YEAR 2014, nothing but downward dog -- talk about inflation.

The whole btc community is waiting, with baited breath, for btc to reach 300, not 3000 or 30,000 but just 300.  My God, that's where the coin was when it was just getting on it's feet two years ago; where's the stability in that?

I was referring to ability to dual process your income. If you can keep your local currency and bitcoin at the same time it would be ideal.
After all bitcoin as you said is destined to grow, and it will happen eventually, while local south american currencies can only fail of in the best case scenario be somewhat stable.

[Chef Ramsay]

It's always nice to see new converts share their view of bitcoin.   Still innocent, undefiled by CC scams, ... whooops, I wrote that before I got to 5:50 hahahahaa when he started to talk about the growth of bitcoin. hahahaha followed by referring people to 'localbitcoins' to buy bitcoins, otherwise it was good.

thanks

It definitely is interesting to comprehend or see those across the world who've checked in and seen what Bitcoin has done in different markets. The many different minds potentially haven't seen all the intracacies that have happened in the BTC sphere over the last few months and years, or have they? This is what I'm concerned about on a long term scale. The price will do its thing no matter what I think.