Harvard University Law School Distinguished Fellow Vivek Wadhwa on Mark Zuckerberg’s leadership at Facebook and the outlook for bitcoin.
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Bitcoin has been fraud: Vivek Wadhwa
Harvard University Law School Distinguished Fellow Vivek Wadhwa on Mark Zuckerberg’s leadership at Facebook and the outlook for bitcoin.
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Best just sell all cryptocurrency and walk away then. Guess that new technology just didn't make it then. Oh well .
Nevermind
Government doesn't like bitcoin. They can't regulate it. The IRS can't use it to vacation.
Fox Business is for dumb people
Bitcoin is dead. Never coming back. Sell all of it now please!
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These two are trying to get more buy at deep.. Of BTC.. Fuck you both dicks
Buying more bitcoin because of this dinosaur
Anyone with any sense knew immediately it was another huge scam. Bernie Madoff would have been proud.
Don't listen to guys like this..when they buy. .sell..when they sell..buy
I agree that BTC will go to ZERO. However BCH will be worth 1000X in 7 years. I explain why on my channel.
Not only does he sell your personal information…fb gets hacked
Dosent Fox News, CNN, MSNBC all have control over what content they want to show you? They are all spouting fake news too right? Exact same thing as facebook, dont throw stones in glasshouses you silly person.
The federal reserve is a bigger fraud.
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I'm gonna take my chances with these magic beans
Crypto while easy and safe currently is thee biggest pyramid scheme of the century.
Bitcoin beaten by electricity costs. That is interesting, as most of our “future” inventions also are heavily dependent upon electricity. Meanwhile back at the Silicon Valley ranch the true believers are against all economical means of generating that very necessary ELECTRICITY.
Like printing money out of thin air isn't lol
Creepy Mark follows you everywhere xD
Listen to this fool if you want but he obviously doesn't understand the concept of Bitcoin. By design, it is not supposed to be an endless supply like the current Fiat system! As you approach the finite number to be issued, mining will be tougher! What a fool! Probably the last person still overextending his investments in buggy whips.
When are these Goyim gonna wake up??????
If you think Bitcoin is "fraud," or "isn't real," then you don't understand how money gets its value. And I'm glad, because people like you are why Bitcoin has been able to be purchased at less than its actual worth for years.
How did bitcoin a completely made up intangible product make certain people rich? How did people buy something that isn't real? Facebook? Yeah never used it. Its Myspace 2.0 and spy and corporations dream to have data on everyone.
Don’t use Facebook, so simple.
Buffet said Bitcoin was a sham a long time ago.
That being said bitcoin is not fruad? What a silly statement. Its not the perfect model, not sustainable designed but not fruad.
I deleted facebook in march
death to zerrkpig.
I called this fraud two years ago.
With bitcoin; this guy might be wrong because the price might eventually stabilize and then bitcoin might be used by many more users for online transactions. I don't use bitcoin because I worry about security of account and really have no use for it. With Facebook, if TOS are clearly outlined and people know what facebook is doing with their info, then we don't need gov't to step in
That's why I have never had a facebook account and never owned any bitcoins or other cryptocurrencies.
Bitcoin is fraud. A way for tax evasionist people to "stick it to the man." Well, as much as I hate the IRS and know that taxing income is actually illegal and unconstitutional, they will find a way to stack it eventually. As soon as the bitcoin miners and dealers, start depositing these funds "earned" thru trading it, the crying game will begin. A famous line from National treasure 2 was, do you know what the taxes are on 1 million dollars is, six million. It's the reputation of the attack dog IRS to issue back dated fines on the same date you get notified that they are after you. So if they "claim" you began dealing in this crap from 2015 till now, they will then begin looking at things you own and compare it to earned income and could afford, then the hurt begins.
Bitcoin a Ponzi scheme? I wonder what his views are on Social Security?
Put your money under your pillow…lol. Its nearly impossible for a pnzi scheme to get to it…lol
Pro Tip: Don't use Fakebook
the hubris of the bitcoin world is unbelievable. I guess the only way they will learn is being out first.
“Cost of mining it is greater than what people make on it”.
Do you understand what you’re saying? First up, you don’t seem to understand what mining is. Let me tell you about it briefly. Farms/groups of ASICs all over the world are competing to create blocks of transactions and add it to the blockchain. In the process some new bitcoin is created and that, along with a portion of the transaction charged as mining fees is given to the miner who succeds in attaching the block. The cost incurred is electricity and maintainance cost. At a given short interval of time, all, except for the mining fees is fixed, which is determined by the traffic in the network. So, mining is never going to be a loss. Clearly he has never even looked at it.
What about dweeb in-laws that buy Iraqi Dinar, Zimbabwe money, Chinese Dong? ALWAYS WAITING FOR AN RD? I dont get it.
If Ponzi were alive today, he would be hawking bitcoins.
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The same goes for google. Don’t you think what you’re doing here eliminating competition for google and strengthening its stronghold over the advertisement space? I think that the discussion is biased.