Imagine every time someone mentions the dollar and then just has to say that it can be used to buy drugs and other illegal things.
I wish people would get over it. Yes you can buy drugs with Bitcoin. Just like you can with any other currency.
It's such a simple thing to understand. Why can't they?
Yeah, the woman presented the expected reaction of "oh my God, the government has to shut this down, blah blah, I am old". However, in contrast, Shepard Smith didnt immediately dismissed bitcoin as a tool for crooks. At the end of the video, around 4:00, he urges people to look bitcoin up. Hope fox news watchers follow his advise.
I think this is bullish.
Wouldn't know which, but they talk about how the government will obviously get involved, even "shut it down", but don't mention any way that could actually be done. They just assume since government has power in their own domain, they have as much power elsewhere. I wonder how long it'll take for this bunch to start talking about that.
That's because they know that like anything that deals in monetary value, all you have to do is stop the flow of money to it. For instance, you don't actually have to prevent poker websites from being built and launched, you just need to prevent the flow of money to and from them. Same with Bitcoin, if you can't move USD to and from it, it's virtually useless. At least to Americans anyway, which is who Fox would be referring to. What the rest of the world does is irrelevant.
But that is the beauty of Bitcoin, as the world moves away from this uni-polar (US dominated world) towards a bi-polar (China), and hopefully multi-polar (if the EU gets their shit together) power structures, the US axing axing Bitcoin would be a severe blow, but not a fatal one.
This is how TPB survived, even after people were being punished in the US for downloading torrents.