"Why Bitcoin ?" - Jeffrey Wernick

Описание: Jeffrey Wernick is an independent investor whose portfolio includes early holdings in Uber and Airbnb. Wernick was also an early investor in bitcoin. He started buying it in 2009.

Wernick’s initial interest in bitcoin was not just speculation that the price would rise. He believes bitcoin’s value comes from its ability to solve the biggest problems with fiat money.

Wernick believes the ability to run large deficits and debase the currency changes the relationship between the government and its citizens. He believes it gives the government the ability to do things without the consent of the people.

Wernick says bitcoin solves these problems because it is a “people’s currency, it’s defined by the people, and it’s defined by rules and a protocol that people trust.”

THIS IS AN EXTRACT FROM ORIGINAL VIDEOCLIP THAT CAN BE FOUND HERE:    • An Early Investor In Airbnb And Uber Expla...  

Fair Use Notice: This video might contain some copyrighted material whose use may or may not have not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law). If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. In case, you own or reperesent someone who owns any of the material in this video, and would like us to remove your content, we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to add their photo.