options to be shut down in your country. Amid the stores yellow signage, the customers one by one inserted bank cards into a towering ATM-like machine. Canary in a Bitcoin Mine - Therianthrope This is some weird acoustic jam shit, which I respect in this case because it's edgy to take a non-electronic approach to a song with Bitcoin in the title. Howard Marks, billionaire investor and founder of Oaktree Capital Management is adamant about his stance on cryptocurrencies like bitcoin, Ether and others: 'Theyre not real.' 2521.20 July 26, 2017 Howard Marks. As a store of value that is not subject to government intervention, it lacks the support of authorities and is always in danger of being banned. It has no intrinsic value. DON'T LET this veneer fool YOU. I would love nothing more than for bitcoin to succeed, but I believe it will die a slow and painful death and something else will come along to be its successor. Anyone who thinks that Bitcoin will triumph has to believe that it will succeed where earlier generations of private currencies failed ' that Bitcoin will, improbably, manage to overthrow more than century's worth of accumulated state power, jealously guarded and ruthlessly enforced. Oh, and in case it wasn't weird enough, there's a kid rapping the final verse (where the Keynes line comes up).
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I'm all for dismantling the market, but if I'm going to pin my hopes to a way of doing that, I'm probably not going to with a cryptocurrency that inspires people to make music that sounds like Belle Sebastian reading Ayn Rand. There's some new money in town, though, and it's the hottest thing since Beanie Babies. 201.09 January 17, 2015 Mybroadband The Swiss Franc might be the currency getting all the attention, but the real blood bath is in Bitcoin. The lyrics come from here, and the tune is from an ad for the Discovery Channel. Bitcoin was never a viable blockchain platform for commerce. That was the question posed during a Sept. Im already getting calls from victims, but most people have yet to even realize theyve been defrauded. In the meantime, though, Bitcoin is still a little bit of a Ponzi'or is it a pyramid?'scheme that its libertarian early adopters are trying to cash. And of course that person raps in German.