Bitcoin Vs. Gold – How Bitcoin Could Take Over a Trillion $ Market

This is the 1st episode in our Big 5 blackboard series — where we look at five features (likely more in the future) where bitcoin’s inherent features could take over five different trillion dollar markets. The video starts with the misconception many people have with the idea of intrinsic value. It turns out that bitcoin is laden with amazing values, all ‘inherently’ intrinsic.

Keiser Report: Bitcoin Battle

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the bitcoin price plunge as Baidu ditches the crypto currency and China bans it for financial firms. Unnoticed at the same time, Germany declares bitcoin to be private money and Merrill Lynch claims it can replace money transfer systems like Western Union. In the second half, Max interviews Dr. Christos Vlachos, CFO of the University of Nicosia, which is now accepting bitcoin as payment and he explains how the volatility in the price won’t matter to the university. They also discuss Dr. Vlachos’ hope to turn Cyprus into a bitcoin hub.

Bitcoin – the future, or a bubble waiting to burst?

Bitcoin, the subversive virtual currency, is now recognised by the Fed. So what now? Digital currencies bypass government and with it, central banks, regulation and oversight. It’s the thing that makes them so attractive. But does this lack of control, and their volatility, mean currencies like Bitcoin can never replace dollars, pounds and yen?

Why Bitcoin’s Growth is Normal

Economists are up in arms, claiming that bitcoin’s 1000% annual growth is faster than anything they’ve ever seen. Because of that, they lash out, calling bitcoin volatile, a bubble, a pyramid scheme, etc. But don’t worry, we put on our VC glasses, compare the 4.5 year old bicoint to facebook, twitter, google at the same periods in their growth. The result is that Bitcoin’s growth is as exponential, as volatile and as normal as any enormous tech giant.

Winklevosses: Bitcoin worth at least 100 times more

twins-bitcoinCNBC covers recent volatility concerns about Bitcoin with the Winklevoss twins this morning.

The twins commented:

The small bull case scenario is a $400 billion market cap. So the market cap is around $4 billion right now
As for what regulators in Washington think about bitcoin, I think everyone recognizes the innovation and doesn’t want to stifle it. They just want to make sure there’s healthy regulations so it’s used in a safe and productive manner.

Video and Full Article:

Bitcoin Bubble? – China and Bitcoins – Bitcoin & the Homeless

Popular bitcoin news outlets are getting together and talking bitcoin in this second episode of a weekly installment of The Bitcoin Group. This week is featuring Andreas M. Antonopoulos, Derrick J. Freeman, Davi Barker and MadBitcoins:

THIS WEEK: Issue 1 – Bitcoin Bubble? Issue 2 – China and Bitcoins. Issue 3 – Bitcoin Island. Issue 4 – Bitcoins and the Homeless.