Comments by "bighand69" (@bighands69) on "Ultimate Bitcoin Showdown: Schiff vs. Voorhees" video.

  1. Actually he is stating the obvious problems with bit coin just as Fiat currencies have problems as well. 
    3
  2. It is the same as trading you could buy goods that latter become duds. 
    2
  3. Digital curries like this believe it or not are part of some austrian economic proposals.  Were different curries compete in the Market place. Every currency you have is a risk and that is why you need to spread risk so as to reduce it. 
    1
  4. Not at all he is pointing out issues that can occur with such systems. It is buyer beware just some one who buys a load of gold or dollars or Euro's. 
    1
  5. Peters point is that it does not have a physical property like gold or bananas. It is really a conceptual system of exchange. 
    1