Bitcoin’s price a distraction from its transformative technology?


CAREER WE WILL TALK WITH HER LATER WILL JOIN ME LIVE, FIRST TOPPING THIS HALF AN HOUR, BITCOIN PRICE, IS IT A DETRACTION FROM RISE TO STUNNING PLUNGE IN NEW YEAR, EVERYBODY TALKING ABOUT BITCOIN, THE OTHER CRYPTOCURRENCY, JOINING ME RIGHT NOW NORTH ISLAND COFOUNDER GLENN HUTCH INNS IN A “FINANCIAL TIMES” INTERVIEW GREAT TO SEE YOU.>>SO YOU DID AN INTERVIEW WITH FT SAY PEOPLE ARE MISSING THE POINT TALKING ABOUT THE BITCOIN IS AS VALUE THE MORE INTERESTING ELEMENT AS MEANS OF EXCHANGE, IT IS A VERY NASCENT INDUSTRY REMINDS ME WHAT INTERNET WAS LIKE EARLY 09 PODS HAS POTENTIAL TO — 90S, HAS A TECHNOLOGY HAS POSSIBLY TO MOVE ANYTHING OF VALUE AROUND WORLD SPEED OF LIGHT LIKE WE MOVE E-MAILS THAT IS TRANSFORMATIVE IT IS AWAY A LOT OF ENGINEERING COMPANY ISSUES BUSINESS MODEL ISSUING SOLVED TO GET THERE I AM A SMALL INVESTOR IN IT BUT INVESTED ACROSS THE BUSINESSES — BUSINESSES THAN I AM THE STORE VALUE THE WILL GO EQUIVALENT UNIT OF BITCOIN.>>WE TALKED WITH, AN INVESTOR EARLIER THIS MORNING DAN MOREHEAD STARTED PAN TERRA CAPITAL FIRST –>>WELL-KNOWN.>>FOR BITCOIN, AND HE WAS SAYING THAT IT IS TOTALLY FREE YOU CAN MOVE MONEY ACROSS THE WORLD FREE BUT THERE ARE TRANSACTION FEES.>>NOT FREE BUT CHEAPER, SO IF YOU LOOK AT — TRADING OF EQUITIES WE HAVE TAKEN PRICE THE COST OF THAT DOWN ABOUT 98% IN LAST 10 YEARS, FROM AITHTH QUARTER IS MR.>>THE COST OF TRANSFERRING MONEY HAS STAYED AT HIGH LEVEL FOR A VERY LONG PERIOD OF TIME, 2% OF TRANSACTION VALUE FOR CREDIT CARDS, 7 TO 8 FOR INTERNATIONAL REMITTANCE 9 TO 10% TODAY DAY LOANS IF YOU TAKE A HUGE AMOUNT OF COST OF THAT OUT OF THE SYSTEM, BY IMPLEMENTING NEW TECHNOLOGIES TO REDUCE SETTLEMENT COSTS INTO MAKING IT VERY, VERY EXPENSIVE THAT IS WHAT THE BITCOIN TECHNOLOGY BITCOIN PROTOCOL, CURRENCY UNIT HAVE POTENTIAL TO DO BUT A LONG WAY AWAY IT IS LIKE INTERNET EARLY ’90S THINGS TO BE RESOLVED PERFECT.>>YOU HAVE BEEN SO SAVVY ON TECHNOLOGY YOU COFOUNDED SOLELY TECHNOLOGY, LET ME ASK ARTICLE IT SAYS THAT YOU HE DID NOT BUY BITCOIN DIRECTLY BUT TELL ME HOW.>>TECHNICALLY TRUE I HAVE OWNED I AM ONBOARD OF THE COMPANY I BUY A COMPANY PRODUCTS ONE OF THE PRODUCTS ETFS INVESTED IN DIFFERENT COINS I OWN BOUGHT AND SOLD ETF TYPICALLY DID NOT BUY BITCOIN BUT HAVE EXPOSURE TO BITCOIN ETHEREUM, AND CASH THAT I BOTTLE AS PRODUCTS OF>>YOU ARE FIRST SORT OF LEADERS IN INVESTMENT WORLD TO STICK YOUR NECK OUT SAY AIM BELIEVER HERE JAMIE DIMON CUT A FLACK FOR TO CALLING IT A FRAUD TOLD ME HE REGRETS SAYING IT YOU SAID WHEN IT COMES TO BITCOIN A DIFFERENCE BETWEEN TOMORROW A FRAUD AND BUBBLE EXPLAIN.>>IF YOU LOOK AT BIT COUNTY VALUATIONS TODAY A ANALYSIS I SAW OTHER AT A SHOWED INFLAITD MORE THAN TULIPS OR SWAMP LAND OR THE — COMPANY OTHER SORT OF MASSIVE EVALUATION THAT VALUATION WILL TURN OUT TO BE A BUBBLE BUT WHAT I MEAN IS DIFFERENCE BETWEEN A BUBBLE TERM STOCK CHARTS 1999 STANDS OUT THE INTERNET CHANGED THEIR LIVES INTERNET WAS A BUBBLE BUT NOT A FRAUD.>>A GOOD WAY TO SAY.>>IT RIGHT? THE MORTGAGES IN 2006, 2007 A DID YOU BELIEVE AND FRAUD DID I WHETHER — MY VIEW IS SINCE I DON’T THINK A LOT ABOUT THE BITCOIN VALUE, OTHER PEOPLE HAVE CALLING IT A BUBBLE, BUT UNDERLYING TECHNOLOGY THAT HAS POTENTIAL IN 10 YEARS’ TIME FUNDAMENTALLY E-MAIL AND OTHER INVESTIGATION CAN BE TRANSFORMATIVE.>>WHAT IS IT GOING TO DO TO MIDDLE MAN NOW IS THAT ONE OF TIMES CALLED YOU MOST WELL-KNOWN BLIRNT FIGURE A DEEP DIVE ON BITCOIN OF A I’M NOT SURE WHEN I LIKE LEAST. AFRAID GOING TO GET DISPLACED BY BITCOIN.>>LET’S THERE IS A TERM FAIR AMOUNT OF THAT GOING ON.>>WHY?>>THAT IS THE — THE CURRENT MANIA FOR THE BLOC MANIA FOR THE BLO MANIA FOR BLE BLO MANIA FOR BLOCBLO MANIA FOR BLOCKCO MANIA FOR BLOCKCHA MANIA FOR BLOCKCHAIN MANIA FOR BLOCKCHAIN I MANIA FOR BLOCKCHAIN IS MANIA FOR BLOCKCHAIN IS E BRACE BY CONVENTIONAL COMPANIES BECAUSE IT IS A TECHNOLOGY THEY CAN USE IN ENTERPRISE DOESN’T PUT THEIR PROTOCOL RAILS VALUE WILL RUN IF WE GET RIGHT WILL FUNDAMENTALLY DISRUPT A BUNCH OF BUSINESS I DON’T THINK WILL DISRUPT THE BANKS AS TAKING IN MONEY REGULATED INSTITUTIONS — MONEYIER LAUNDERING –>>THE CREDIT CARD COMPANIES REMITTANCE COMPANIES AT A EXTRACT THE PAYMENTS BUSINESSES OF THE BANKS RIGHT, THAT THEY EXTRACT A LOT OF VALUE FROM SIMPLY MOVING VALUE AROUND THE WORLD WILL — IS HIGHLY VULNERABLE.>>GIVE YOUR SENSE OF THE REGULATORY VICTIM WE HAVE SEEN ROLLBACK IN REGULATIONS IN THE ECONOMY NOT AS MUCH IN THE FINANCIAL SERVICES SECTOR BUT YOU ARE SO ACTIVE HOW DO YOU SEE REGULATORY ENVIRONMENT CHANGING AS RELATES TO BITCOIN ELSEWHERE.>>I THINK GENERALLY, YOU KNOW THINGS GO IN PENDULUMS, AND THE FINANCIAL SERVICERS INDUSTRY HAD A LOT OF EXPLAINING TO DO. AFTER THE FINANCIAL CRISIS, AND WE ENDED UP WITH DODD-FRANK. ARE THERE AREAS IN WHICH THAT WENT TOO FAR DID CFPB GO OF A TAR IN AREAS PROBABLY DOES THAT NEED TO BE CORRECTED NEED DIFFERENT REGULATORY FRAMERS THAN BIG SYSTEMICALLY IMPORTANT INSTITUTIONS OF CONTINUOUS WOULD BE CRAZY TO RELAX CAPITAL STANDARDS FOR BIG BANKS ONE KEY THING WE HAVE A FUNDAMENTAL BUT WILL ARSHIN BULWARK IN UNITED STATES, IS TO HAVE THE CAPITAL REPLEN

16 thoughts on “Bitcoin’s price a distraction from its transformative technology?”

  1. Considering the limited number of coins in each cryptocurrency and adding the presence of a concept  like 'Profit' will guarantee, with certainty, that the Concentrated Wealth and Cryptocurrencies will end-up in the same hands.

  2. All crypto-currencies are a form of Ponzi scheme just like the US dollar is, it only has what ever value you decide it is worth, it has nothing to back it up with.

  3. Bitcoin prices have gone up by almost 2000 dollars since its major crash and it will go up past its peak in December. The technologies is gonna make our lives so much easier.

  4. Hey guys join this p&d group to make some easy money honestly just give it a shot , I've been making 300 to 500 a day P&D group easy money https://discord.gg/sHcHzWXMessage me for details if you want 🙂

  5. people invest in "shares" on the market. crypto is just a real because a "share'' is air like like bitcoin, its worth what someone is willing to pay

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