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Jeff Berwick: Bitcoin is like The Internet in Early 90s

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Published on Mar 18, 2014

Jason Burack of Wall St for Main St was able to interview successful technology entrepreneur, Libertarian entrepreneur, Canadian expat, Anarcho-Capitalist and The Dollar Vigilante (TDV), Jeff Berwick of http://dollarvigilante.com/.

During this 35+ minute interview, Jason asks Jeff about his enthusiasm for Bitcoin after troubles with Mount Gox and other Bitcoin CEOs being arrested or Bitcoin businesses being hacked, schemes or going bankrupt.

Jeff compares Bitcoin's innovation to how the Internet developed in the early 1990s but says it's the Wild West (a true free market) and many digital currencies will fail along with many Bitcoin related businesses.

Next, Jason and Jeff talk about Tesla, NJ's ban of sales of Tesla, unions, Crony Capitalism and other forms of corruption. Jeff blames the educational system in the US as the culprit.

After this, Jason asks Jeff if the US government is making it harder, longer and more expensive for Americans to purchase a 2nd passport since Jeff and TDV sell a lot of them.

After this, they talk about the US/Russian standoff in the Crimea and Ukraine.

Jason asks Jeff about gold, silver, mining stocks and whether he thinks Bitcoin is an investment or a speculation.

To wrap up the interview, Jason asks Jeff if he thinks the Malaysian Airlines should offer a free market incentive like a $1 million or larger reward to anyone in the world who could find the plane and if the plane would have been found already?

Please visit the Wall St for Main St website here http://www.wallstformainst.com/
Follow Jason Burack on Twitter @JasonEBurack
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Follow Wall St for Main St on Twitter @WallStforMainSt

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