Comments
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RNMOIP. Love it. So simple.
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mcAmazon gift cards are MOIP
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ALEverything useful he said was about blockchain not about Bitcoin.
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bsIf the cash market by 2020 will be over 200 trillion, meaning assuming the debt does not suck up cash, and cryptos are 1% of the share, cryptos market cap will be 4 times what it is currently. However, since there is no liability against these currencies unlike fiat, and they truly resemble gold; I can envision much higher prices then that, maybe a 10% stake eventually. They like gold and silver are the cryptonite of the current system. Likely to go up in inflation and deflation. How will regulators and failing governments respond? This will get interesting... Looks like bitcoin is rapidly loosing share to others that seem likely to catch it. How do we learn more about them? This is the most interesting topic right now. Possibly in 2 years this sector is likely to grow another 10X once all these apps get adopted. Thank you RV
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MSI usually hate the subject of BitCoin when it comes up - I just tune out. This interview however was very good. It raised many feelings and questions though. Number 1 being, as others have said, it's the blockchain which is revolutionary, not BitCoin itself. And given that the code is free, what hold does BitCoin have over the blockchain? Other than having "early adopter" status... (and creator) In fact, some major banks are now writing their own blockchain software. So why can't Visa? Or Mastercard? Western Union? We have to remember that big banks run the world, there is no way they will let some little upstart take their power from them! No way! On the flipside...IF it could gain real traction and momentum in adoption, it would thwart the banks plans for a cashless society and the subsequent ability to instigate NIRP at will. Cash is freedom. Freedom to removes ones savings and hide them under the mattress. Freedom also, to transact without an intermediary. It poses the question, what need for banks at all? The blockchain ledger would BE the bank (no interest paid of course but... is it now? Better no interest than negative interest) Perhaps the blockchain could be the Western weapon against China's gold hoardings? Perhaps a quantity of BitCoins could become part of the SDR basket? Will BitCoin replace gold? I don't think so ever. It's intangible. It's just digits. Other than the blockchain aspect, it's as worthless as paper contracts and paper money. Gold is solid. It's real. It's undeniable. When I hear all this unbounded enthusiasm for BC, one word springs to mind; "folly".
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PBFantastic interview! Great questions & answers, very well done. Thanks a lot for both your time. I will recommend this discussion to others. Cheers.
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NSQuestion:Why own Bitcoin outright? Real opportunity is in the Blockchain protocol?Views on the blockchain uses are spot on-likely losing money on the BC $...hope none of his BC investors on site...
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JBYeah, i'd gladly pay 1/10 of a penny to avoid the annoying ads on YouTube et al!! Go micropayments!
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GCConfession: this is the first BTC RealVision video I've watched..aha I get why Blyth is involved. Now I'm "wet my pants" excited. Going to Shopko to try on "Cromudgon Size" Depends later today
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BgIf Gov's are contemplating a cashless society, why would they permit an escape hatch?
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mpNo clear differentiation between Bitcoin (the currency) and bitcoin (the blockchain technology). Huge difference. My sense is that most are confusing the two...
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JDVery flawed analysis on Bitcoin.
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DCI am also puzzled as to both recent bitcoin enthusiasts that have been interviewed on RV pitching the technology as a replacement or competitor for Gold. Really??
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DCVery illuminating - the potential uses for the blockchain sound like an orwellian wet dream. I ponder as to enthusiasm levels if the software authors turned out to be from Google or Microsoft.
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KJAlexander - no, the complexity of the mining puzzle adjusts as the mining power increases - the goal is to add a new block to the chain every 10 mins.
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AGi might not "get" bitcoin (>40), but aren't you basically taking a bearish view on computing power if you are long BTC?
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SJThe Chain is an excellent concept, delivering on all levels. I can't wait to know more! Thanks to all involved.
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YMThis makes me think of an analogy: Gold mining is a social good. I expect some Bitcoin critics to make snide comments about the huge effort spent moving 'bits' in ether space ...
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GGall the people with money are over 40...when they finally ''get it'' bitcoin will really explode . We won't have long to wait
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LSLitecoin transacts in value in CNY 5x more than Bitcoin in USD. Lets see how that single cryptocurrency assumption will play out.
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dwIs it a coincidence that both bc and Au have triggered a buy against usd in the past week? Another application of the blockchain is for casting your vote in government/provincial/council etc matters.
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DHThis has helped me to think again about Bitcoin and associated investments. I'm less negative and looking forward to the next interview. A lot of depth provided. Love the concept of the chain 🌼
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THA cool bitcoin interview to be followed by another bitcoin interview. Is "the chain" becoming "the blockchain"? :-)
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BMWhere where where else can you get this kind of superior quality content ? Nowhere ! Thank you RVTV, making dumb money smart !
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ARWow...so many uses of the blockchain that I never thought about. Very eye opening.
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RdDefinitely an insightful view on Bitcoin. I like the acronym MOIP as a simplified explanation for it.
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gsI sincerely hope he gets Wences Casares on the chain. He is a fantastic bitcoin ambassador . Looking forward to it.
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MBGreat questions! The "chain" is a great concept. Just can't say enough about the insights RV provides.
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dbMost excellent dude!
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TJThe most persuasive argument for investing in Bitcoin since Raoul's recommendation about a year ago. Timely and fascinating.
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tWInterestingly, this week both Peter Brandt & Morehead said they pay no attention to markets or news in general.They concentrate on their specialty, be it charting or in this case Bitcoin. #useful