My greatest fear with #crytos is that all this value will be wiped out by some hack in the future. It must be the ultimate target for hackers.

Wait till #bitcoin crashes. Then #gold will skyrocket!

@[Gary Anderson](user:4798), I agree with you on #bitcoin, but I would disagree slightly. Something has value if people deem it to have value. Sometimes an irrational craze surrounds some item. Just like people once spent a fortune on Ty beanie babies or garbage pail kids, or countless other worthless items, that same craze now surrounds bitcoin.

If people became crazed about fools gold, that would become valuable too.

Personally I think this crypto craze has gotten out of hand.

I don't think bitcoin is a ponzi scheme necessarily. But I do think it would be the greatest scam of all if the inventor has some backdoor in or knowable way to hack the system. But even if it really was created for altruistic reasons, there are a number of reasons I am against bitcoin:

1. No regulation

2. Uncertain legal future (countries could deem it illegal at any point

3. Exchanges have already been hacked, costing investors billions

4. Exchanged could go under taking bitcoin owner's money with them (as already happened with Mt. Gox)

5. It helps to fund the drugs, the sex trade, child pornography, murder for hire, and all the worst that this planet has to offer - it empowers and emboldends not only cirminals, but every day people to do their worst.

6. No FDIC insurance or any other protection from a hacker or simply losing your "key."

7. It is way too volatile and speculative. I don't think the tulip analagy that is used so frequently is off the mark. But due to the technical nature, too many investors are getting caught up in the fad and jumping in, without understanding the risks.

I think even you sound depressed in this video. Maybe it's time to admit #bitcoin is not all that some claimed it to be. Personally I was more supportive of your #Apple coverage. Do you still believe in $AAPL?

I would take issue with some of the issues in the "DecentralizeToday" article you linked to which states that "absolutely nothing about Bitcoin is a secret." but there is so much about bitcoin we don't know. We don't even know who really created it. Not with certainty.

Actually, if you read the article, you'll see that credit cards are partnered with PayPal, not just competing with them. And I've already explained why I think #cryptos are not a threat. They will fail long before $PYPL.

I disagree, as I've argued many times in the past (check my hashtags for #bitcoin and #crptocurrency), the digital currencies you are referring to are incredibly volatile, completely unregulated, uninsured, are a haven for criminals and are an increasingly tantalizing target for hackers.

A proven and trustworthy company like #PayPal is the perfect middle grown for investors who want to follow the future of payments, but want safety and stability as well. Very bullish on $PYPL.

Agreed.