This debate is a must see if your into bitcoin and cryptocurrency.
Stefan Molyneux debates Peter Schiff on whether or not bitcoin is a ponzi scheme.
This debate is a must see if your into bitcoin and cryptocurrency.
Stefan Molyneux debates Peter Schiff on whether or not bitcoin is a ponzi scheme.
I wish I had seen this video in 2013 :)
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I wish i had of bought bitcoin in 2010 or earlier!
But alas.. it will drive you crazy thinking like that hehe..
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Agreed the past is the past, only thing you can do is prepare for the future.
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Interesting interview.Peter Schiff makes valid points, however, I think bitcoin is not a pyramid scheme. Bitcoin and other digital currencies are here to stay and will only grow :)
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Bitcoin is only a pyramid scheme if one user buys it only to sell it to another person.
Now with automatic buys and a large demand for bitcoin i think its past that stage :)
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When I first learned about bitcoin I was like everyone else and brushed it off. I regret that now. And Peter Schiff is very knowledgeable regarding things like this so I will continue to hear him out. Great debate though. Good points on both sides.
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haha me too.. i looked into it at first and was like.. its beans all over again hehe.
Took me a year or two again to actually figure out what it is :P
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Fast forwarding to today. All kinds of lol's at $800/Bitcoin.
Oh, the thoughts in my head right now...
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I could have bought $300 bitcoin!
Can't think like that tho hehe..
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Gold backed crypto by the end of the year?
http://www.royalmint.com/corporate/news/the-royal-mint-and-cme-group-to-launch-royal-mint-gold
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