Everything You Need to Know About Bitcoin: VICE Podcast 027 

was wondering when VICE was going to talk about Bitcoin. TO THE MOOOOONNNN!!

Did anybody else find this interviewer incredibly annoying..? He invited a specialist guest on and then interrupted literally every sentence.. don't think the interesting guy got to finish one thought.. and he certainly didn't get to breath and start another.. had to stop before 20 mins as he was irritating me too much.. If you want to be a good interviewer then please.. learn to LISTEN..

Mr Reihan Salam looked and spoke like a robot for the first 4 seconds haha

“Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.” *Bill Gates* I hope vice make 2016 update video on bitcoin.

Oh Xerxes is back.

Trading pokemon cards is my currency..

Let the man talk host, that's why he is there!

finally, something intelligent from VICE

i wish the host would SHUT UP so the GUEST could finish his thoughts. RESPECT the guest

If it wasn't for this video. I would be so much poorer right now. Thanks VICE

Excellent interview. This is by far the best explanation of bitcoin as of today in youtube.

Thanks for elucidating this for me, all you people who worked on this video. I plan to have fancy conversations with my new knowledge.

Awful interviewer.He talks way too much and slows down to speed of delivery by repeating stuff over and over again. I assume most people who watch videos about bitcoins know what currencies are or can comprehend it quickly.

At 54:25 the host still doesnt understand what bitcoin is. This is is why you should never interupt the expert.

My first visit to this channel-- VICE-- Reihan... I really really like the way you lead the discussion... and Jerry-- you really bring a lot of knowledge to the discussion and between the two of you-- I was able to understand the topic at a higher level than I had before. Thanks for sharing. :)

Great vice, just great. Appreciate interviews like this and hope to see you stay like this throughout it all.

I thank you for speaking in terms a non economics major can understand!! You guys do a stand up job.

Interesting how the RU-vid algorithm hasn’t picked up this video. Maybe soon we will see the wave of people who regret not buying flood into the comment section. (Current Price:$60000 ATH)

Great Video! Other than Bee Options and TradeRush do you know any Binary Options Broker that accepts bitcoins?

Thanks 😊 In what coin would you invest in actually?

The interviewer talks too much -_-

i enjoyed the show great work

haha perfect timing, on monday I have a presentation about bitcoin. Thank you Vice

Great interview with Reihan doing a great job as always, thanks Vice

Great to watch several years on, congrats to all the HODLers

sounds like freedom

The interviewer is excellent! Controls the subject and flow excellently!

Thank you Vice for this!

Forget Bitcoin. LONG LIVE DOGE COIN!!!!

De-centralized currencies are the only solution to global disparities. The standard of living from an international perspective is determined by what currency you use. It has nothing to do with what skills you have.

So much info and well explained.

This podcast was extremely informative. More so than I expected. Thanks.

screw bitcoin, Im hoarding dogecoin, its the future

Reihan Salam, the interviewer, needs to work on his self-awareness. Throughout this video, he was far more concerned about conveying his intelligence and appearing smart in front of his virtual audience than he was in extracting important information from Jerry Brito. The goal shouldn't be "I want everyone to see how smart I am (because I am secretly insecure about it)" but instead "Let's have this amazing expert on cryptocurrencies convey his knowledge so we can educate a lot of people about this new technology." Jerry Brito's language is crystal clear, nicely structured, and very approachable. Reihan's language is far too forced, contrived, and seriously out of touch. Rule number 1: KNOW your audience. Rule number 2: Stop invading your interviewee's responses with sprinkles of your own rewording of what the interviewer just said (which by the way is not a clarification by any means, it's just your attempt to sound smart) 3) Just stop interrupting your interviewee's train of thought. Let him finish answering your question and then follow up with clarifying questions. Jerry Brito's command of the English language is simply superior and excellent. His goal is to communicate well so that his knowledge reaches as many people as possible. Your goal is to communicate how smart you are to as many people as possible. Sorry buddy, your approach is incredibly transparent and completely ineffective. Oh, and annoying to the point you alone made this video unwatchable!

Felt like a college lecture in terms of the delivery of the content and the quality of it. Overall very good explanation to what it is without using visual supplements.

Excellent interview, quality information. Keep it up VICE

Great job Jerry at explaining Bitcoin to the layman

anyone get a headache from this video

Is there a link between Bitcoin and an Ip adress?

Would like to see Vice cover Bitcoin and digital currencies some more. Love the fact it is a currency that isn't controlled by corrupt governments and is totally de-centralised, however that does come with extensive risks. I know digital currency through and through and if you'd like to connect i'd be interested in talking about the possibility of doing a piece for you guys if you're interested? Get in touch.

Morpheus interviewing

bitcoin= redbox fiat= blockbuster video

@ Michael McCurley - I liked your the article you posted. As I read, though, I found that the company they mention (Snapcard) merely pays the IRS in U.S. dollars for you, while you pay them the value in bitcoins. Ultimately, your debt to the IRS for taxes can only be paid in dollars still, correct? It is not as if this company pays the IRS in bitcoins for you - in fact, since this company charges a fee, you would essentially be paying slightly more than the original (Dollar) value you owe on your taxes with bitcoins.

Great video! Thank you for this conversation.

I still like to trade in Nuka Cola bottle caps

Actually, you only owe taxes if you have earned dollars. If you have only Bitcoins and no dollars, then you owe no taxes.

I love how sincere Reihan is.

thank you for spelling bitcoin out for me. i could see this being a grate things happening.

Comments aren't exaggerating, this interviewer really is annoying. He's supposed to ask questions, not make the interview about himself...

Why does the interviewer continue to cut him off? Let him speak!

This is a thoroughly informative discussion of Bitcoin. I think it is the best I have heard. Great job, Vice.

Don't know if this is a stupid question, but I'll ask anyway. If there is no third party in the bit-coin service and funds are transferred directly peer to peer, then would this make transactions difficult to track? That may be good i guess, but if this were the case then would it not make black market and illegal goods transactions much easier to carry out and also completely anonymous?

End the Fed !!!

Interesting. Western union fees suck

excellent interview, very informative

'A friend of mine used Silkroad to buy controlled substances' - is that his way of saying SWIM. Haha

The interviewer appears to have ADHD...only allows 15 secs for each answer at most. Irritating.

Is it just me.. or does the interviewer have an extremely large head and very small hands??

Xerxes is a pretty good interviewer.

this rocks. i love smart people talking about important things. you guys rock

While #bitcoin is a better money, it will never solve the problems created by money. Please investigate a resource based economy.

Worst host. Let the expert speak/ explain. As a host just direct the conversation. He literally interrupted every sentence. Not to mention his questions are confusing and convoluted. Shame.

Why, when it comes to BTC (or other digital/crypto currencies) does one "hoard", yet in the same act in fiat, one "saves"?

the thing about this is what markets allow this digital currency where it can be liquidized and used as an alternative for systematic exchange?? wouldnt it interfere with financial institutions that are established as medians between consumers and banking

I was about to watch this until I saw it was an hour long. Yeah not happening

dogecoin is the future.

I have a question. If bit coin is not centralized then what keeps it from being duplicated?

Fucking awesome show guys. Very informative.

Larry Summers is the head of the advisory board for the Bitcoin Xapo wallet and Bitcoin's 21inc. Just a thought

@ 1:57 BerkShares are from the Berkshires (Massachusetts), not Berkeley.

Fantastic discussion, both sides are extremely classy.

Jerry missed Reihan's point as far as a payment system. That it can be used only for the "few seconds" it would take a transaction. The speed of the transaction therefore could make the volatility a non-issue of not relevant.

Vice i really enjoyed your piece done in newcastle, fair play to that. Greatest city in the world

Bitcoin "is" cool? On silkroad at least. Doesnt the "host" say on 41st minute "perfer" when he meant to say "prefer"?

This is so crazy watching older videos like this!

how can it be based on faith when the code ran is a public ledger that records all the transactions on the system, and that ledger becomes the 'weight' of it ?

Does anybody know any other good introductions?

Loving the hussle yo

The gentlemen should have swapped chairs in the middle of the interview so the table could end up evenly polished. But otherwise... another beautiful piece of information by Vice :)

Secondly, If the amount of bitcoins globally is limited in order to make it like a precious commodity such as gold, how are more people going to be able to enter into the bitcoin world in order for it to have it's stability. Would they not have to issue more bitcoins eventually? I'm just a little confused about these omissions.

nice primer on bitcoin..thanks dudes

great interview

About the part that they were discussing the NSA's ability to shut down bit coin and "bitcoin2.0 would spring out in a matter of minutes..." what would happen to the money already invested in said currencies, would you lose all of it? or what would happen to all your money?

min 52 'smart property' Can somebody provide me more information about this? I'll be very thankful :)

Scientists have estimated that purchasing bitcoin online will increase your hipster level by at least 50%.

Im glad vice did a video about this.

This was really interesting. I hardly knew anything about Bitcoin until this. ty VICE

I think there's confusion between what a "Store of Value" is and "Volatility" is. If you can buy, store and retrieve value from an asset. It is a good store of value. Seeing as the value of Bitcoin has increased and there is a limited supply, it would be a good store of value. When the North Korean threats came about, Bitcoin went up in value as well as gold. So during times of risk, BTC appears to act like gold as a shelter as well.

Money is supposed to be a medium of exchange. It needs an issuer and this issuer needs the power to increase and decrease supply according to demand, that is if you want a viable currency. If holding it makes you rich, it is not money.

As the value of bitcoin increases, the currency is deflating. That makes people hold on to their bitcoins because they believe that they will be able to get more for the same number of bitcoins in the future.

Great interview! I want more!

Notice how he doesn't use his notepad? Not once!!! What is it for? What's is in it? Why is it there? These and other mysteries shall never be revealed.

I usually hate your hosts and I'm not a particular fan of Reihan Salam. But, he did really really well in this interview and I'd probably watch more of him.

Great podcast!

It's not a fix all. It will not replace fiat currency or gold but it can help bypass the powers that be. It has weaknesses tho. You have to keep your digital signature safe and on file, if it gets lost or corrupted then you lose all of your money. You must move around, store and process tons of data. This is because you must keep records of every transaction. This grows over time. This, even though very advanced can be hacked, maybe not now but eventually.

Great podcast

What about the theory of putting money in bitcoin to avoid any crash?

Thanks to the MMM Extra program,#MMMGlobal#MMMExtra#Bitcoin#Bitcoins#BTC#BitcoinReview#BitcoinNews

I have one question. How do you buy Bitcoins without using traditional payment systems? As using these would then result in fees charged by traditional payment systems.

Some say Bitcoin is a scam, that remains to be seen. But at the twenty min. area hes talking about Western Union and how they charge 5%. Now that's a scam. There was a time when that company *ACTUALLY MOVED MONEY* (and other things), now they only send data...wow.