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RE: Taking my Silver on a field trip - to shape a nation. We even broke the law!
He does have some valid points to make concerning cryptos, points that are always nagging me at the back of my mind. I think most of the cryptos will become extinct for the very reasons he distrusts them ,ponzi schemes, no valid use, competition etc. I think he likes the blockchain though.
The more i research the blockchain the more i realise just what a revolution this is going to be when it goes mainstream, im just trying to pick out tokens that will survive past this experimental phase and be around in 3 years, i just wish CD would open his mind to their potential, ive even got a SSBS coin with the bitcoin symbol on it from a few years back so he must of liked what he saw at some point
I used to think his arguments against bitcoin were valid, but the more I learned about the technical promise of bitcoin, the easier it became to see that he was just talking his own book.
The fact that Chris says he "loves blockchain" but not bitcoin demonstrates his fundamental misunderstanding of the technology - as Andreas Antonopolous would say, Chris cannot distinguish between "Blockchain and Bullshit":
The way Chris expects blockchain to be used (as a receipt/digital ledger for physical goods) is already done with SQL databases. Blockchain is just a database technology, after all. But try telling that to Mr. Duane.
I love Chris's work on silver and think he's made some wonderful videos over the years. I even own a couple of his coins still. But his whole shtick of "I'm against bitcoin for conscious reasons" is wearing thin. He's against bitcoin and crypto in general because he put all his eggs in the silver basket operating under the assumption that precious metals were the only viable safe-haven during a monetary crisis.
The very existence of bitcoin proves the entire "Silver Bullet Silver Shield" thesis wrong - Chris's childish anti-crypto rants are just his way of coming to terms with his new reality, I think.