Cryptocurrency is rat poison! Bitcoin... is a greater fool theory! - YouTube

Channel: Crypto Fever News

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we live in a world where people do not
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longer divide but share the world became
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the largest rental store the this an
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economic model is obsolete and can no
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longer effectively meet the rapidly
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growing needs in communication barter
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and interaction with the development of
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technologies the Society returned to the
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practice of sharing things and services
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which had grown planet-wide this
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phenomenon was called sharing economy
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and that's not all
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imagine a parallel universe in which
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databases have declared their
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independence now they are self servicing
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what yes this is the future that
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blockchain promises the system that
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underline Bitcoin digital currency and
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other distributed registry technologies
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what happens when blockchain conquers
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the world when administrative and
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regulatory activities die and what will
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happen to the states that's not all
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either the crypto fever is already
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changing the world traditional financial
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institutions are panicking and when your
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monetary paradigm destroys them the
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world is changing and the process is
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very fast but what sources will convey
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the main information about these changes
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in the sea of information noise we
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created crypto fever news so that you
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had the main channel of communication
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with the world of change the world of
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krypton use share an economy and
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now we are by your side subscribe to our
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Channel and watch us every week
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and today right now we open crypto fever
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news let's start
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Instagram launches own payments until
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now companies could advertise their
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products on Instagram but when users
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proceeded to payment they were
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redirected to the browser to enter their
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payment details and complete their
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transaction on a seller's website now
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Instagram introduces a payment system
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that will allow users to add a credit or
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debit card in their profile and avoid a
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long process of filling out payment
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details for purchases the new feature
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extends the e-commerce capabilities of
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Instagram allowing users to make
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purchases directly from the app
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currently this feature is available for
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a limited number of advertising partners
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but soon all the users of the social
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network will be able to use it Warren
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Buffett cryptocurrency is rat poison
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American billionaire and head of
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Berkshire Hathaway Warren Buffett called
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VidCon rat poison and then added rat
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poison squared that's how billionaire
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responded to the call of some board
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members of his company to participate in
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critter trading Berkshire Hathaway vice
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president and Buffett's partner Charlie
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Munger supported his boss and edit that
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critter trading is just dementia in
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general Warren Buffett refused to invest
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his company's funds in cryptocurrencies
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his decision was supported by a majority
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of the board members
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Bill Gates Bitcoin is a greater fool
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theory recently Bill Gates told CNBC
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that Bitcoin is one of the most
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speculative things in the world you are
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not producing anything and so you
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shouldn't expect it to go up this is
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kind of a poor greater fool type of
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investment gate set you know in general
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it looks
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billionaires competing in the criticism
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of Bitcoin they are on the problem is
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that it's not clear how to count the
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points and pick the winner JP Morgan
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patents the blockchain system for
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interbank payments the largest American
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financial holding company intends to
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patent a blockchain based system to make
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and coordinate financial transactions
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the bank plans to use it to record
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payments sent from one bank to another
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using a peer-to-peer network according
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to the representatives of the bank the
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blockchain will provide a unique system
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for recording transactions and storing
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data according to certain
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representatives of JP Morgan blockchain
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will also improve existing interbank
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cooperation systems providing cheaper
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and faster real-time calculations Kevin
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Kelly RBC interview Kevin Kelly world
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famous futurist told RBC about the near
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future of mankind he noted that the
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sharing economy model in which customers
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will lease cars apartments and anything
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will almost supplant private property if
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you can easily access a thing anytime
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anywhere and at a low price in many ways
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this is more convenient than owning the
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thing this important shift has already
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occurred with digital products people
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prefer not to store music films books
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games and use them online now the same
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shift effects material things cars
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bicycles scooters tourist accommodation
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this is economical revolution products
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turn into services this were crypto
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fever news see you next week
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