Bitcoin Is Not An Investment And Not A Currency: Author Jeffrey Robinson | CNBC



Jeffrey Robinson, writer of “bitcoin: The Bare Fact,” discusses the skepticism about bitcoin, digital foreign money regulation and the way forward for cryptocurrencies.
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Bitcoin Is Not An Investment And Not A Forex: Author Jeffrey Robinson | CNBC

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36 comments

  1. take a look at bitconnect. recently millions of people lost their life savings. cryptocurrencies are full of scammers.

  2. 😂 this guy! Bet he can't check his voicemail without help.

  3. he is SELLING HIS BOOK.  that is all, BUY MY BOOK.  He's a snake oil salesman too.  Doesn't mention any hard evidence of why bitcoin is a CON

  4. Oh god Tired of this old fossils ! This old guy needs to take care of his health ….. leave BTC .. U CANT UNDERSTAND

  5. Another old fart who hates cryptocurrencies? Oh dear, that's something new.

  6. He should be dead next year so we dont have to worry about him anymore

  7. Bitcoin is crap though, he's right there. Only thing it has going for it is that it is a store of value.

  8. This guy…pumping his own book, ya good one

  9. Well like I said in November 2015 on CNN Money its the future for the us dollar as bitcoin is like OIL! It's a commodity like oil and pork bellies in Chicago. Now that the bubble has burst its ready for prime time once the politicians are ready to see the light of it's potential proven now.

  10. TO ALL THE OLD INVESTORS AGAINST BITCOIN…YOU WILL BOW DOWN TO THE TECHNOLOGY THAT IS COMING..YOUR STOCK MARKET WILL LIVE ON THE BLOCKCHAIN..IT WILL HAVE TO ADAPT OR DIE…THIS IS EVOLUTION..ALWAYS BETTER TECH TAKES OVER OR COMBINES WITH OLDER TECH TO CREATE A BETTER 🌎..ALL YOU DINOSAURS WITH BE EXTINCT OR GET WITH THE PORGRAM

  11. Jeez, did Bitcoin cuckold this guy or something?

  12. CNBC is the worst news organization ever. I know more about bitcoin with 10 mins of research. Do your do deligence you're a major new organization for God's sake

  13. Old guy trying to spread FUD, so he can buy the dip

  14. He's right about one thing Bitcoin is not a currency it's a commodity that being said there's enough people involved in crypto to keep it around will it ever become a currency I highly doubt it but it's going to continue to be a commodity in the future just like gold and silver

  15. this guy… its like he hasn't even looked at what the blockchain is and what it does….. sadly the worst part of this video…. is that I was stupid enough to sit thru it all and watch it… "places a Dislike" and goes back to farming Bitcoin. I'll be rich with that old man is dead, tombstone paid for with bitcoin.

  16. This guy has a negative energy…

  17. This Old guy has NO IDEA what he's talking about! Why even embarrass yourself like this? Why would you put him on TV? This is the same guy that said refrigerators were a scam! STop calling this Tulip Mania it's NOTHING like it! Hilarious!!

  18. unleash Carlos Matos on this old man.

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  21. Evolution is at work people. its weeding out the old thinkers

  22. The great thing about YouTube is you can go back to this video in a year or two and see who's right. People like this guy have videos back when Bitcoin was $300 calling it a fraud and telling you to sell before it tanks. Haha

  23. this guy only Fear how faster market capital from 20 billion
    to usd 800 billion then dip to
    536 billion today.

    why dip ?
    becouse of bitcoin future contract.

    try to slow down this digital money growing .

  24. this only old generation talk.

    we need new generation talk

  25. crypto is high risk investment
    individu trader all around the world.
    cryto is high profit
    crypto is high lose

    TradeStation future exchange trading. at CME and CBOE

    for rich prople
    target high profit
    less risk

  26. The old man does not understand crytocurrency . he is getting paid by the Bank to discredit the crytocurrency.honestly how can you make honest assessment if you dont even know how it works. if you are a business owner which one would you prefer ? get pay for good right now or wait 2 to 5 days to get paid ? and that my friend is one o many differences between crytocurrency and the banks or any other form of payments.

  27. The innovation of bitcoin is to have created the first digital asset which is scarce like a real commodity, but easier to stock and transfer than a commodity.
    Bitcoin has finally abstracted the commodity concetp, and we do not have more to stock precious things in a safe or pay intermediaries to manage it.
    In addition there is also the question of the money policy of central banks and how this can have manipulated the market.

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