THE MORNING SHOW

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PATRICK TIMPONE

 Golden Oldie Show  December 10, 2010

 

Today, August 13, 2017 Bitcoin topped $4,000 per bitcoin

Bruce Wagner – Bitcoin

in 2010 Bruce Wagner says this is a new state of the art money that will go very high some day


It’s the state-of-the-art in money. It’s a new form of electronic
money. It’s already become “the gold standard” of digital currency.

Based on some old technologies, and some very new technologies…
Bitcoin is the result of combining…
cryptographicencryptionsecurity +the idea of a limited quantity
commodity, similar to gold and silver (where there’s only so much of
it), and using it as money +the idea of massive numbers of computers
connected by the internet… forming a strong,resilient,
indestructiblenetwork.

It’s called acryptocurrency. Since the invention of Bitcoin… Money will never be the same.

 

bruce wagner, bitcoin digital money 12.02.10



'The New Digital Money – Golden Oldie Show from 2010 on Bitcoin when each Bitcoin was .25 – Today BTC is over $48,000' have 4 comments

  1. August 14, 2017 @ 7:44 pm Kevin

    Thanks. heard about in early 2009 by your site.

    Reply

    • February 11, 2021 @ 1:52 pm Mal

      Kevin
      hopefully you bought a couple grand worth…

      Reply

      • February 11, 2021 @ 1:56 pm patrick

        If I had a couple grand worth I would be on a tropical island sipping drinks with little umbrellas in them hahahaha

        Actually my good friend and mentor in the money business, Andrew Gause, each put in $500 and I believe at that time we had about 1,000 bitcoins each. And then when Mt. Gox, the biggest platform got hacked some time after, we were encouraged to get out of Mt. Gox and put them in another place for safety and
        Never saw them again. :)
        the guy vanished.

        Reply

        • February 12, 2021 @ 8:35 pm Mal

          Patrick
          I’ve heard you mention this sad story.. as I’m writing, that is worth $47,745,550.00…BUMMER…On a happy note, once upon a time i had a friend I met at a meditation weekend retreat, he was just the kinda fellow–via his computer programming training–who would have bought tons of the stuff at 6 cents ….I’m sure he is on his own private beach on Capri reading a crime novel!

          Reply


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