Did anybody watch the Panorama special on Bitcoin?

Discussion in 'CryptoCurrency' started by Asif WILSON Khan, Feb 13, 2018.

  1. Asif WILSON Khan

    Asif WILSON Khan OG Blue Tick Exec VIP Jr. VIP

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    Thoughts?

    "Bitcoin is the world's leading virtual currency, but unlike real money, it is not backed by a government or properly regulated. Bitcoin is exchanged and held digitally by users - which is attractive to criminals selling drugs, pornography and arms. But now Bitcoin is moving into the mainstream and being openly marketed as an investment opportunity.
    Panorama investigates what Bitcoin is and what it means, going inside a Bitcoin mine in Iceland - where currency is made - and spending time with the Bitcoin millionaires of Silicon Valley. The programme also hears from others who have been scammed out of their life savings and investors who think the cryptocurrency is an enormous scam and that the writing is on the wall.
    In Britain, and around the world, authorities are sounding the alarm that Bitcoin is too risky - is it too late, or too crazy, to try to become a Bitcoin millionaire?"

    https://www.bbc.co.uk/iplayer/episode/b09s3wbt/panorama-who-wants-to-be-a-bitcoin-millionaire
    http://www.bbc.co.uk/programmes/b006t14n
    https://twitter.com/BBCPanorama
     
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  2. Alfon

    Alfon Regular Member

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    Thanks for sharing.

    "BBC iPlayer only works in the UK. Sorry, it’s due to rights issues." I found it on YouTube:
     
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  3. Asif WILSON Khan

    Asif WILSON Khan OG Blue Tick Exec VIP Jr. VIP

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  4. eltan

    eltan Junior Member

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    Thanks will have a look. My money is on the BBC playing the, its evil card. With some scare stories about getting your money hacked
     
  5. Asif WILSON Khan

    Asif WILSON Khan OG Blue Tick Exec VIP Jr. VIP

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  6. Nut-Nights

    Nut-Nights Jr. VIP Jr. VIP

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    If you are from India, take care of your BTC. Indian Govt is planing something for you :D Yeah BTC is one big scam.
     
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  7. MikeyMikey13

    MikeyMikey13 Elite Member

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    It was an awful documentary, I wish they got more skeptics on there. Not some duleded investors...

    I liked Belfort’s but, spoke the truth. Technology is great, but bitcoin is a scam.
     
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  8. MisterF

    MisterF Moderator Staff Member Moderator Jr. VIP

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    I might watch it on catch up, I only watch rugby & MOTD on Biased Broadcasting Corporation.

    However I did see Dispatches ripping into Premier Inn on C4.
     
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  9. davids355

    davids355 Moderator Staff Member Moderator Jr. VIP

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    I watched for about 30 seconds then switched over. Didn't get a good vibe from it as soon as they showed some middle-aged woman who had been scammed out of bitcoin.
     
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  10. I-marketer

    I-marketer Power Member

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    Bitcoin doesn't go well with middle-aged women. I don't like the picture.
     
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  11. ritafairclough

    ritafairclough Regular Member

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    I watched it because I don't know much about crypto.

    I find Panarama is not as good as maybe ten years ago, these days it's very sensationalised reporting.

    I couldn't believe that bitcoin mining setup on Iceland however, they spend over a million euros on electric alone a month!
     
  12. blogzandstuff

    blogzandstuff Elite Member

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    According to the financial times, world leaders are meeting in march to discuss regulating it, one of the ideas is to charge capital gains tax on sales, that will scare all those kids doing without their parents knowledge lol!