Bitcoin on Freedom Watch with Judge Napolitano - Nov. 27, 2011
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Uploaded by evoorhees on Nov 27, 2011
Jerry Brito of George Mason University discusses Bitcoin with Judge Andrew Napolitano on Fox Business' Freedom Watch. Aired Nov. 27,2011 at 8pm EST on the Fox Business Network.
The Bitcoin video shown is from WeUseCoins.com anyone interested in learning more about Bitcoin should start there.
Buy Bitcoins at CryptoXChange.com
Please post link to better quality version if you have it!
- 82 likes, 2 dislikes
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Uploader Comments (evoorhees)
Top Comments
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@coffeetablesex what are you talking about you sound like a damned fool. A) this is Fox Business, not Fox News. B) Napolitano and Brito were excellent - they discussed it very well, without harping on negative issues or sensationalizing anything. Clear, concise, and correct. Did you even watch the video or did you just assume it was wrong because it said Fox? Pretty lame if so.
2 months ago 18
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@coffeetablesex You and I must not have watched the same video because I thought it was an excellent piece, very factual, also very broad audience friendly explained and very positive in tone. You also seem to not have any clue about who the good Judge Napolitano is and how Freedom watch is usually run..
2 months ago 10
All Comments (32)
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honestly as long as darknets are still using bitcoins as the main currency, the popularity will be shot down
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@swordsman3000 you cant counterfeit bitcoins because the coins themselves are just tokens, or numbers in a database. The reason you cant just add any amount of bitcoins to your account is that the majority of the network has to accept any and all transactions. This means the only thing to try and fake is a transaction, and the network will reject your fake transaction out of hand. You would have to convince the network to destroy the value of its own currency, or take it over.
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A better recording of this here: /watch?v=YMcKE8dJEsc
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@MoneyIsSilver The world is full of people who will tell you what you can´t do, simply because they see no way it could be done themselves. Energy suppliers are private companies too. If they see a ground swell of consumers waving fists full of bitcoin, they will eventually jump to attention.
Wanna pay your bills with bitcoin? check spendbitcoin (dot) com.
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@anothaview Agreed, if it's not physical there WILL be ways....
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@gnevzmaja you want a bread backed currency?
It wouldn't work - how are you gonna stick a loaf of bread in a strippers g string?
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@maxb8097 Silk Road is already heavily infiltrated. At the moment, law enforcement make up most of the vendors on there and the site is essentially a limited hangout.
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Neither bitcoins or silver can take hold as a currency as long as the bankers control the resources - namely oil and gas and other utilities. If people could get power to their homes with bitcoins, now THAT would change things!
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The Central Banks will find a way to counterfeit the Bit-Coin and then demonize it publicly...No different than what they did to The Continental in the U.S.
It's what they do
Kill The Bankers !!!
swordsman3000 2 months ago
@swordsman3000 They can't counterfeit a Bitcoin. What is far more likely is a PR war and smear campaign against Bitcoin usage.
evoorhees 2 months ago 6
@evoorhees I agree that a PR and smear tactic will be the #1 method to fight the bitcoin, but to say it 'can't be counterfeited is a dangerously ignorant assumption...no offense
we live in a dangerous time where 'they' can create a computer generated Pop-Star that everyone thinks is real, but in reality is a collage of body parts from other chinese girls
'Trust' is a tough commodity now
swordsman3000 2 months ago
@swordsman3000 A computer generated pop-star is much easier to create than a fake Bitcoin ;)
evoorhees 2 months ago 5
WoW!
I'm so disappointed.
It's too bad they only touched on all the good points and fail to mention all it's faults.
The Judge should have been told how Bitocins had just fallen to almost nothing in value & this is after Max Keiser promoted them!
Which I still can't believed he did but I guess all these Yter's & Max have THEIR reasons BUT I do understand current global financial situation,sound money & currency history and I'd have to be a Bitcrazy to buy Bitcoins!
1 BIG CME hits & GBye coins!
connectingdots1 2 months ago
@connectingdots1 By "fallen to almost nothing" do you actually mean up over 100% YoY, even after the recent decline? How did your investments do compared to that?
evoorhees 2 months ago 2