Bitcoin Will End the Federal Reserve Currency Monopoly

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  1. You are all idiots… If you want to make trillions in dollars buy
    FoolsCoin now… I'am the exclusive seller of it just send me $100 per 1
    FoolsCoin and you will be rich in hours.

    Reply
  2. Bullshit. The only the way the Fed can be destroyed is to repeal the
    Federal Reserve Act of 1913. You seem to forget this in a constitutional
    republic, and the Fed is here by law … a bad law, but by law. Until
    then? Bitcoin will just be a digital currency most of the population
    doesn't understand how to use. I'm a programmer and I know how to use it
    … and I don't. I don't like it. Internet goes down? Down goes your
    digital wallet. Bitcoin blows.

    Reply
  3. Bitcoin will be surpassed by other cryptos. The control of money by the few
    is fastly coming to an end. The funny thing is Govt's want something like
    Bitcoin so they can steal easier. Unfortunately for them, free market
    technology will be able to circumvent their grasp. Sorry Mr. Gubmint man,
    you lose, again.

    Reply
  4. Sorry guys, Bitcoin is primarily a revolutionary protocol, secondarily a
    currency. Its strength as a protocol is why the price is going a lot
    higher. Wait until you see what's being built on top of the protocol~! What
    if you had a chance to buy Google stock for a few pennies? ALL future world
    trading will be done on Bitcoin whether it be oil or any other stock. ALL
    contracts will be done on Bitcoin. It is so superior to any other method of
    financial transaction we have right now the competition isn't even worth
    mentioning. And that's just for starters. The brightest computer minds in
    the world are working on it right now. Bitcoin is backed by mathematics,
    the infrastructure that supports it and the amazing power of the protocol.
    Anyone that doesn't like bitcoin, simply doesn't understand it.

    Reply
  5. Although the BitCoin technology is interesting, a BitCoin is no more a
    "store of value" than a paper fiat dollar. Its value is based entirely
    upon "faith alone".

    I have heard it argued that BitCoin, and other digital currencies, may have
    been developed to siphon off dollars that would otherwise be bidding up the
    prices of gold and silver.

    Reply
  6. This is one of the best intro to Bitcoin videos I've seen. For those that
    say you can only get Bitcoin by buying it with fiat, You can earn Bitcoin
    by working, selling, trading, and other traditional ways people make money.

    Reply
  7. nice propaganda film… they don't tell you some of the major faults of
    bitcoin.. for one it is another currency but does not fit the definition of
    money. for that reason it will certainly fail like the other currencies
    the video references

    Reply
  8. Bitcoin constitutes a fundamental shift in the way we think about money.
    Many people cannot bridge that gap yet. But they will once it has already
    become widely adopted.

    Like you say in the video, fiat has already become digital, Bitcoin is
    simply the next logical step. I see Bitcoin as the entry point into what
    many have called the information age.

    Reply
  9. How is this propaganda different than Crash JP Morgan buy Silver? Crash
    WallStreet buy Bitcoin? How about fall for stupid shit crash yourself.
    Honest title.

    Reply
  10. Clinton Fernandez · Edit

    This video illustrates exactly why we need sound money. And I don't give a
    fuck if it's gold, silver, bitcoin or pieces of dog poo. We need to change
    our view of what is considered money or we will continue being dictated to
    by the assholes that currently control the money supply. Alternative
    currencies take power away from central banks and government…oh and it
    takes capital away from war mongers too……It really is about time don't
    you think?

    Reply
  11. If Bitcoin was to be a competing currency, China, Russia, and the other
    fiscally sound nations would have bought into it a long time ago. Bitcoin
    has no real value or backing of any kind – its pure speculative fluff
    fueled by illegal activities. It is about as threatening to the Fed as a
    pine cone is to a hurricane. 

    Reply
  12. Your bread example doesn't even tell the whole story. The 6¢ bread in 1913
    was laboriously made by hand with grain largely cultivated by horse. Today,
    the grain is optimized, fertilized and harvested by efficient machines. The
    bread is made by tens thousands by automated machines. Made the
    same—today's bread is $15

    Reply
  13. …while there's some value to points presented here, overall, it's a very
    naive way of looking at the subject. Give it several years and you'll laugh
    at the statements made in this video. Bitcoin (or any other crypto
    currency) is NOT your "kingdom come", on the contrary, you just may be
    digging your own grave

    Reply
  14. I've lost a lot of respect I had for Danial over the last couple years. He
    used to be all into silver talking about how it was the greatest thing
    since sliced bread. He used to be a monster silver stacker, saying how
    silver would be extinct in 2020, etc, etc, etc. Now he's pumping
    bitcoins????? Well I guess since his silver hasn't worked out over the last
    few years, it's time to move onto bitcoins which are the hot new thing.
    Then when bitcoins crash and silver comes back he'll jump back to silver
    saying "i've been with you guys all along". Daniel is just another pump and
    dump salesman looking out for himself

    Reply
  15. you should not be putting up videos like that. it shatters your credibility
    , bitcoin is just another controlled absolutely worthless currency another
    banksters fraud at finest 

    Reply
  16. politicalprisoner2 · Edit

    from what I have heard, Bitcoin is being forced into compliance with any
    and all regulations of the IRS and other financial regulators. Basically,
    just like every other challenge to the Fed's monopoly on money creation,
    Bitcoin will also be controlled, minimized and eliminated, if not outright
    criminalized, until it is meaningless. The failure of Bitcoin to resist
    compliance with IRS, etc, and the failure of it to create anonymity with
    its transactions,has made Bitcoin a failure. The Feds will hunt down
    everyone who uses Bitcoin and persecute them whenever it sees fit.

    Reply

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