This will take some time to watch.

OK, this fuckstick talking in the beginning is pissing me off. Asshole public servant.

Holy fuck, I think the whole room just shit their collective undies!

"Our jobs?" "Our existence." "IT'S A TRAP!"

I love this man.

All the "senators" made "authority" related questions. They cannot get around the idea of not having a central "authority" giving "over sight."

They don't get the fact yet that they are obsolete!

How can these old farts clearly say, for the record, that they do not conprehend Bitcoin, (even by the 11th meeting already), yet still feel somehow they are qualified to make regulations over something they do not have a fucking clue about?

What do you suggest we do to regulate bitcoin? "wait till the technology is better understood by all of us" ;P

Poor Andreas... that was long and tedious...

I have had like 5 times of "revelation" moments about how incredible the blockchain technology really is. It's like waves of new levels of comprehention that, like mining, takes some time to figure the problem, and then another wave comes in. Everytime I find more reasons in every new "revelation." I imagine there is only a few people in the planet that actually get how the blockchain technology will change humanity forever. How awesome, literaly, it is. Somewhat like many see Sir Isacc Newton now, that is how "Satoshi Nakamoto" will be seen years from now.

This is REALLY GOOD publicity as far as explanations and examples for those who do not think blockchain technology is viable as a currency... like (almost) everyone I know who has "money" :/

One of the most difficult things to explain about Bitcoin, or better said the blockchain technology behind it, is that the currency aspect is just ONE of many applicarions that may run on the blockchain, in a faster, safer, transparent, global and BETTER way than today's traditional centralized technologies. If one believes in "authority", Bitcoin is "hard to get."

At the end, where Andreas explains the registering of property, etc. they didn't even wince?? I think that went right over their heads. Then they're laughing regarding the couple who got married on the blockchain... They laugh now... :D

Its funny how they mention, "the banks are not going to like this." All they think about is money and taxes... He explained quite simply how they too will also be out of a "job". They didn't notice :/

We should draft a letter to explain bitcion and the future of their jobs to some lucky Senator. Put the fear of 'open source' in them.

"We"? Who is "we"? :P

Oh shit, I should have said I or someone. No collaboration expected!

The only We I know is actually spelt Wee and ends up in the loo; that's loo spelt loo.

. . . . "LIKE A LOT"

ALWAYS give NOTICE.

QED

To make you ask stupid questions. See? It worked! I'm unstoppable.

. . . . . . . "Aren't authorities cute when they don't realize that the existence of the Block Chain is the beginning of the end of their authority?" - Captain Obvious - 2014

Finally watched this....man these guys want to invent a solution to a problem that doesn't exist without knowing what they are inventing. hmmmm......

Can one resign on the blockchain? :-/

. . . "On October 14, 2014 a Google seach of Bitcoin produced about 27,700,000 results (0.18 seconds) and a search of blockchain produced about 834,000 results (0.34 seconds) " - Captain Obvious

http://www.coindesk.com/imf-world-bank-panellists-discuss-block-chains-potential/

"Kent Barrett: Why alert the bastards? If they're too stupid to see what's coming, good." Torment! How many people have been tormented over the years by government agents? Now, it is time to turn the tables and have some fun with these sacks of shit. Remember, Bitcion IS DISRUPTIVE! And, it's got this "Killer App", too!!!!! HA HAAAA.

"illicites activities" he said, at 14:36, he didn't say "illegal" activities, but "illicites activities" :P

They are trying to figure out how to create joinder now to manufacture the illicit activities and make them illegal

Those Frech-Tards were the only ones asking to pay income tax! Hellos??

"illicit (i[l]-lis-;)t), adj. (16c) Illegal or improper <illicit relations." In the bedrooms again is the government? Now, the chair of that committee wants to be able to use his recent purchase of Bitcion for a regulated half and half?

These people are clueless... The whole fucking system is going down and being replaced with blockchain technology.

Vincent, everytime I think of that, the alleged words of Benjamin Frankilin pop into my head: IF YOU CAN KEEP IT.

History shows that the general population is idiots and that is doubtful.... :-/