Are vastly clogged right now and its very expensive to send and receive. Its going so hard so fast as almost become unusable just by itself for regular small transactions that. Are looking for things like oh yeah thats the reason why i never really got into it because its not easy to move around lease im not adept at doing those kind of things or you know mitch another the other people are saying that this whole thing with a big point its really just an investment its not really. A mechanism to buy and sell it is to park your money somewhere and leave it there because you dont trust the banks i mean it for it to be really universal you have to be able to be able to use your wallet as they call it you know and buy things and sell things its not that easy to do its not widely accepted to the many more innovative people do say they accept the go ahead midge. Its part of you know its part of a diversification strategy where youd have some big going to just sit on it not worry about what yo
A wall so should people invest in alternative Asset Classes absolutely is a Leonardo Da Vinci painting were painting worth half a billion dollars is an apartment in midtown midtown manhattan worth six hundred Million Dollars i would argue no its not and i would agree we should prices from when i went to university have gone up two thousand percent yet where real wages since the one nine hundred eighty s. Are flat so how does that work out when i got out of school i could have bought a new better match and they let me let me jump in here in fifty thousand gentlemen no i have to go to a break and after that short break well continue our discussion on bitcoin staying with our key. Hello my names peter and ive been living in bush you know for about seven years and this is a film of just some of the crazy things ive got full time. When you go into yes thats. Number seventeen. Great for money. With not more than a forty years of history. Through all these technologies its a unique protocol.
An attractive alternative to the current Global Banking system is bitcoin revolutionizing the world. Across talking bitcoin im joined by my guest mitch firesign in new york he is a fund manager and author of the book planet ponzi in atlantic we have Jeffrey Tucker he is director of content for the foundation for Economic Education and in cambridge we crossed Garrick Heilman he is a Research Fellow at the university of cambridge right gentlemen crosstalk rules in effect that means he can jump in anytime you want i always appreciated gary let me go to you first in cambridge explain what is going on with bitcoin i mean im of the age and i used to work in finance ike i can remember the dot com bubble and then its melt down here and not being very well versed in bitcoin what is going on here is this just speculation or is this the new shiny radiant future go ahead in cambridge. I think i think a little bit of both to be honest and certainly weve seen you know some aspects of this story befo
The two things we are focused on , the middle cap middleclass give a tax cut, and it the Corporate Tax rate is as low as we can get it. Senate finance will consider plan next week while the house bill will go to the floor for debate. Consumer confidence in the u. S. Stayed high. The Consumer Fund act stayed in afidence was range that is close to a 16 year high. Talks have resumed. Both sides are hoping to agreement by the end of the year. Wants to get a deal quickly to move on to negotiations on trade. Global news 24 hours a day powered by 2700 journalists and analysts in 120 countries. This is bloomberg. Julia live from bloomberg headquarters in new york, im julia chesley. Fu, im scarlet joe im joe weisenthal. Whatd you miss . Meanwhile the house ways and Means Committee has advanced its tax plan. Paid in highyield and spreading after disappointing earnings, aakness and telecom justify rollback. We will bring you the numbers and instant analysis. Whatd you miss . And are to tax reform
Even though she claims she was taking full responsibility. She was really the victim. I was the victim of a very broad assumption. Kennedy people who were trapped in burning houses are victims. People who throw stones at glass houses yet cooperate with such hubris and toxic ineptitude and cant break their own ceiling, those people are losers. I knew that i had taken a tremendous hit after the letter and then later i understood the world that wikileaks played in it but the letter was measurable. You could see my drop. Kennedy hold on sister. You started slipping before the letter when the bad obamacare news came out to the critical states with the triple digit premium spike. It wasnt just who got hammered. Russia was the real electoral sickle. The russians in my opinion and based on the intel encounter and tell people i have talked to could not have known how best to weaponized that information and i think its fair to ask how did that actually influence the campaign . Kennedy how did th