SPEED/ TIME1 2:55
- why Bitcoin comes up? - it comes up due to trust debacle in the 2008 financial crisis.
- what is exact the Bitcion?- it's unreal cunrrency, which you can hold its value however, uncontrolled by any agency or government.
- raise a question why people put expectations on Bitcion?- altought there must be some doubt on Bitcion, we should look forward to its turnout.
TIME2 2:30
- how the Bitcoin develops? take the development of internet information under protocol called TCP/IP as an instance to introduce the principle of Bitcoin.
- what we can do by Bitcion? in fact, Bitcoin economy has been developing so many services and more and more are on the road.
TIME3 1:28
Bitcion has been developing now altough it can be slowed, definitely, it cannot be shuttered down.
TIME4 2:10
- Bitcoin may need regulation.
- Bitcoin's currency value and what if it goes bigger?
- the author takes a very positive attitudes to Bitcoin.
Warmup 0:38
brother Winklevoss have planned to raise ETF for Bitcoin, raising some skepticism about potential risk.
TIME5 2:10
the brother list some of advantages Bitcoin as an investment assets, though, Bloomberg author still think perspective investors should keep skepitical.
OBSTACLE/
totally cannot understand the line of reasoning this article, can anyone help to logicalize it pls?
- Raj example tells that though inside trading earnings are mostly legal, the cost of the dealing is overlooked largely by media.
- talks about the inside tradings which are on persecuted.
- point out inside trading is what is called sexy because of some invloved evidences and exchanging serivices.
5'40
The gist of this article is about the analysis and evaluation of one case of insider trading, and the blame to government for not control this kind of insider trading in Wall Street.
At the beginning, the author mentions that US people hate and detist the insider trading because of its unfair and partial advantages to only few people. In addition, the author introduces the largest case of inside trading in US, the RJ case and to some extent, further delineate that case.
Then, the author points out a long-term ignored aspect in that case, the most beneficial ones, because according to the author's evaluation and speculation, RJ in that inside trading only procure and obtain fractional boon. Plus, the author further argues that the imprudent and reckless inside trading causes the 2008 economic crisis. Plus, the government's inept solution to the inside trading is also criticized and panned by the author.
2:30 with disappiontment and distrust people develop to those finanical insitute, bitcoin company launched bitcoin, a non-currency coin, that you can get it simply by you computer.
2:15 with develpent of TCP/IP and internet, you can use bitcoin to do anything anywhere in the world since bitcoin can reach as far as the internet reaches
1:30 Although people may use bitcoin to do someting bad, it can not be the reason to shutter the bitcoin, which is a peer-to-peer banking system that displace the position of US dollars
2:20 the vaule of bitcoirn worth people to invest
2:17 Although bitcoin company has secure and safe transaction methold to maintain the vaule of it, the bitcoin company decides everything, which is risky.
21-11
time1:3'08/374
customers don't trust the financial service industry but they can trust B, which is uncontrolled by any government or agency and is just in computer.
time2:2'22/321
B allows money to flow as TCP/IP allows information to flow——in an orderly and predictable way.
time3:1'53/226
examples prove that the banking system is untrusty.B, even has some negative effect, can be trusted coz many countries support it against US dollar.
time4:2'41/357
B:secure, cheap, transparent,easy —>B will replace the golden one day.
time5:2'58/361
many people question the professional operation of the W twins and the justice of the B's price.
obstacle:7'11/802
cite an example of R's inside trading
other factors