This video is a parody of how Bitcoin works. This is to mock those people who anti Bitcoins for no reason.
Transcript
Transcript generated by YouTube auto-captions. May contain errors.
No, Bitcoin is not just for criminals. No, Bitcoin is not a Ponzi scheme. No, Bitcoin is not like Microsoft points. They love inequality.
That's why they hate Bitcoin. Bitcoin or oligarchy, your choice. All money is fictional. Any currency can be used for money laundering.
Sure, you can deal with the banks. If you like dealing with criminals who print money out of thin air and lend it out as debt so the 0.01% oligarchy class can continue to thrive, sure, go ahead. The US dollar is not backed by gold, silver, platinum, or the promise of a politician. It's not even backed by frequent flyer miles.
Touche. Did you hear the one about the Federal Reserve banker who said that Bitcoin was controlled by too few people and had no accountability? The Federal Reserve Banker. You know who controls Bitcoin?
No. You and me control Bitcoin. We all control Bitcoin. If the porn industry likes Bitcoin, then Bitcoin is going to take off.
And the porn industry likes Bitcoin. That's what I'm told. Overstock.com, WordPress, Wikileaks, Tiger Direct, Reddit, Zingga, The Sacramento Kings, Virgin Galactic, a Peruvian food truck in Washington DC. Sweetie, I have an idea.
Let's go into space with Richard Branson. Yes, the very same twins who created Facebook. When gold can be infinitely divisible and instantly sent over the internet, let me know. Bitcoin is gold 2.0.
I think it's going to stabilize eventually. Note, there's absolutely no volatility. As long as you take your money, just convert it immediately into US dollars. There's no volatility.
Excuse me. Do you guys know if there's a Bitcoin ATM around here? Bitcoin is true worldwide democratization of money. micro payments, instantaneous transfers, no transaction fees, no middlemen, no shutting down your account if they don't like you, no holds on deposits, no minimum fees, no chargebacks.
I mean, currency is just the first app of the Bitcoin network. I wish Bitcoin was $10 again. I'd put my whole life savings into it. I'm not in this for the profit.
Oh god, it's crashed. I'm in this to change the world. Yes. Yes.
It's back up again. [Music] But enough about Bitcoin. How about you? Do you have bitcoins?