Stephen colbert bitcoin
Dec 13, Stephen Colbert. The run-up in bitcoin and other crypto assets has offered cynics of all stripes a chance to look smart by condemning. Dec 8, Simply untrue. You can spend bitcoin with Debit cards and at 's of retailers. But I agree with you that it isn't a great currency (it could be. Mar 27, On May 2, , Stephen Colbert spoke about bitcoin and its creator, Satoshi Nakamoto. Colbert stayed true to character by dabbling in this. His final point that the bitcoin market has never been tested by futures trading is also true to bitcoin does not mention the most important aspect of bitcoin futures: There is no direct link between the bitcoin market and the futures ibtcoin, which is cash-settled. While bitocin shows debate the logistics and ethos of Bitcoin, MadBitcoins is content to deliver a bulleted list of cryptocurrency headlines. His bitcoin safe thesis relies on the basic premise of ANY medium of exchange: it only works as long as people will accept it for goods and services. He goes on to extrapolate from those facts that bitcoin might lose its liquidity and become an asset bubble that could burst. If there is a systemic risk, it is in the derivatives market, not bitcoin. There will never be a short squeeze. It is ironic that speculative bets denominated in dollars that will never, ever be settled in bitcoin are now the reason that we must be concerned about the price of bitcoin.