THELOGICALINDIAN - American actor and television host Bill Maher mocked bitcoin and added cryptocurrencies including dogecoin on his appearance Friday He quoted several bitcoin critics Berkshire Hathaway CEO Warren Buffett Microsoft architect Bill Gates and The Black Swan columnist Nassim Taleb
Bill Maher Admits He Doesn’t Get Bitcoin
Television host and political analyst Bill Maher mocked bitcoin and added cryptocurrencies on his Real Time with Bill Maher appearance Friday. Naming bitcoin, dogecoin, and a few added cryptocurrencies, he said as far as he is concerned, dogecoin is “the aforementioned as all the added cryptocurrencies because the accomplished affair is a joke.” He alleged dogecoin “Easter bunny animation cash,” and likened cryptocurrencies to Tinkerbell’s light. “Its ability antecedent is based alone on abundant accouchement assertive in it,” he asserted.
Claiming to accept apprehend accessories about cryptocurrencies and had it explained to him, Maher said:
Maher again talked about Satoshi Nakamoto, advertence that the bearding bitcoin creator’s names “are the Japanese words for cartel money.”
He again said “money had to arise from and be generated by article absolute somewhere, to which cryptocurrency says no it doesn’t,” and quoted Berkshire Hathaway’s CEO, Warren Buffett. “Maybe this is why Warren Buffett says, ‘cryptocurrencies basically accept no amount and they don’t aftermath anything. What you achievement is that somebody abroad comes forth and pays you added money for them after on, but again that being got the problem. In agreement of value: zero.'”
The TV host again quoted the columnist of The Black Swan, Nassim Taleb, who said that bitcoin is “an accessible ponzi scheme.” Maher added, “It’s like accepting an abstract best acquaintance who’s additionally a banker,” acquainted how the apple abridgement comatose in 2009.
Maher again attacked the ability bare for bitcoin mining, citation Microsoft architect Bill Gates, who said:
Furthermore, he attacked Tesla, stating, “How can a aggregation like Tesla be all in on extenuative the planet with electric cars and again participate in antibacterial it with this absolutely accidental online comedy money?”
The actor again confused his advance to bitcoin’s supporters. He said:
Maher again quoted a account which states that “bitcoin’s advance could alone advance all-around temperatures aloft the angled point of 2 degrees celsius.”
Many bodies in the crypto association accursed aback at Maher on amusing media. One commented that Maher’s booty on bitcoin and cryptocurrencies is “Pointless and uninformed.” Another chimed in: “Nearly aggregate in this video is inaccurate or aloof apparent wrong. Nonsense for the accumulation bazaar sheep that will bolt it up as facts. Bitcoin does not decay energy. Bitcoin is abandon from parasites. And you cannot stop it.”
Twitter handle Brekkie von Bitcoin opined: “Such a black booty from Bill Maher. This abuse feels like it was researched in an hour and accounting in bisected that time. It’s aloof sad to me back bodies accept the apple is burst but can’t see the fix back it’s appropriate in advanced of their face.” A Maher fan tweeted:
Researcher Nic Carter acquaint a video agitation Maher’s “claim that bitcoin will balmy the altitude by 2ºc (it won’t).” A cardinal of bodies acknowledged Maher’s statements about bitcoin’s activity usage. “Most of the activity it uses is either renewable activity (hydro, geothermal, etc) or is abandoned decay activity adapted to article advantageous (natural gas flaring). Also your acceptance is that bitcoin provides no value, which is absolutely false,” one user described.
Morgan Creek Digital Partner Anthony Pompliano offered to explain bitcoin to Maher: “[I] Think you’re missing some key advice that would change your mind,” he wrote. Robert Breedlove told Maher that “Condemnation after analysis is the acme of ignorance,” advancement him to “please do your job as a announcer and investigate. Bitcoin fixes best of the sociopolitical problems you accuse about.”
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