Former U.S. Cybersecurity & Infrastructure Security Agency Director Christopher Krebs joins Bill to discuss the vulnerabilities posed by untraceable cryptocurrencies like Bitcoin.
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Hope it crashes for good
ReplyComplete FUDD.
ReplyChinese government is using digital currency to control trade, transportation, travel, hotels and their people.
ReplyComplete bullshit on crypto its the future n he knows it
ReplyBill had a tough go tonight, by giving Biden a pass on his news briefing when nobody questioned Biden about his crook for a son, only softball questions And no follow-ups!!
ReplyProbably the first video I’ve ever disagreed with Bill Maher on so much. Crypto is the only way our generation will be financially free. We get paid like shit and can’t afford to buy a house. We’re pretty much born in debt. What the fuck do you expect.
ReplyNakasomi tower? …. What Die Hard did u watch ? ….
ReplyBill and his liberal mates just want everyone to stay poor. Nice to see him showing his true colours and towing the Wall Street line.
ReplyAnnonomus payment FUD coinflated with local tax income shortages? Bullshit.
Replyone wonders, crypto is a few years old, what currency were criminals using before then? funny when you see people being concerned about 1% of the crime coming from crypto more than the rest of 99%
Reply*END*
Reply*THE*
*FED*
Bitcoin is a rich man Scam!
ReplyBuy SafeMoon coin now!!!!
ReplyKrebs is an unsung national hero. His steadfast competence and deep expertise ensured the essential integrity of the election, and in time the critical role he played will be widely recognized as pivotal in saving the nation from the destructive forces of anarchy and chaos threatening it’s very existence as a thriving democracy.
ReplyEventually bitcoin will crash so bad you’ll only be able to buy crappy armor in Diablo 3.
ReplyThe problem isn’t Cryptocurrency, its their sub par cyber security system. Do you blame a gun for when someone gets shot?????????
ReplyAs if Bill doesn’t have a gaming PC mining right now.
ReplyI’d take crypto any day over the monetary crap that these politicians and bankers have fucked over the little man with. His excuses are no where near the shit that is a threat to a central banking system has.. tired of these rich cock suckers making excuses about cyber crime like they give a shit..
ReplyWhat the fuck are they talking about… This absolutely had nothing to do with crypto… Let’s talk about the billions upon billions of frauds generated by ppp loans, unemployment benefits, and stimulus checks??
ReplyWhat you need is a better cybersecurity in schools, hospitals, etc, and basic internet education for workers so they don’t open cock enlargement links. They are like two caveman talking, and people running shit are even older and more conservative when it comes to these subjects. Watching congress people cross examine big tech is like watching crazy people talking to a tree in the wind.
ReplyCriminals overwhelmingly use Benjamin’s not the blockchain. And Bitcoin isn’t anonymous by default.
ReplyI can imagine a similar conversation 10,000 years back.
ReplyA: “Dude, what is this trade that I keep hearing about? ”
B: “It is when you kill all my enemies and I give you a sack of rice!”
how does this have a positive like dislike ratio?
ReplyYears ago I heard that every time a dollar bill changes hands the US govt. makes four cents. Granted, some of that “profit” is in the form of taxes, but some is from businesses growing. If a business grows, and some of that growth is due to Bit coin or some other cryptocurrency, why would the US govt. try to completely destroy Bit coin? Answer: it won’t. It will try to tax Bit coin, but it will not try to completely destroy it. The US govt. makes some money off of black market items. The US govt. makes some money off of items purchased with Bit coin.
ReplyUs crypto holders are criminals now. Wow… Never voting for this party again…
ReplySounds like somebody didn’t invest in crypto fast enough.
Yeah it’s used for illegal activities but you can also buy a Tesla with it. The free market was in need of a currency not tied to any government incompetence, and so it is.
It’s also democratized the ability for regular intelligent people not born into wealth to have wealth. Not like MC Mansion money, but actual wealth, and they are not doing anything illegal.
If you follow the far West Asia scam industry, they are incredible at circumvention. If you got rid of crypto they would just go back to using mules. It’s a dumb argument.
There are good reasons to argue against crypto but this is not one, and it’s the once per year issue where I disagree with Bill.
ReplyNo one cares about ransomware lmao. Tell grandma to stop giving her social security number to any stranger who asks or for dumbasses to not fall for social engineering scams.
ReplyNothing more scary than people being able to keep their financials private. Scares the shit out of state&banks that their plans for a digital currency might not get through as long as crypto are around
ReplyHow are you bearish on #Bitcoin in one segment and anti-inflation in another. #Bitcoin is the stabilizing force.
ReplyThey are completely traceable, much more so than cash
ReplyIt’s all about money, not freedom. If you think you’re free, try going somewhere without money, okay? – RIP Bill Hicks
ReplyBill is always wrong. Bill said trump wouldn’t leave quietly and he did. Crypto is american people’s fault for inventing it.
Replylol
ReplyI’m so gone, that these guys talking bad about crypto, is the 1st real positive I’ve had towards crypto.
So either they are feigning ignorance or are actually ignorant. The “criminals are using Bitcoin” narrative is a bit old. Bitcoin is the last crypto one would use if they knew anything about the ecosystem. Way to scare people though. I guess I will just have to buy the dip when this FUD scares the poor newbies out of the market. And the whales will scoop up more BTC in the process.
ReplyBitcoin-speculators are of course going to ignore everything that the man said, just look at the dislikes. Bitcoin is a useless speculative bubble.
ReplyYes. Randsomware is caused by bitcoin. That’s like saying famine is caused by dollars.
Replylol this guy had a job that intitled cybersecurity and thinks bitcoin is anonymous
Replyholy smoke he is an idiot
the most criminals use USD
Have fun staying poor.
ReplyChristopher Krebs is an intelligent individual that any advise exiting his mind has be taken to the bank….literally.
ReplyUS Dollar has never been used for anything illegal…
ReplyHow about green paper cash? How anonymous is that?
ReplyNonsense about BTC is just the authorities terrified of losing control.
I’m surprised you’re not all for them losing control of money, Bill?
I prefer my money to be governed by rules, not by rulers.
Have fun staying poor!
ReplyI hear people have been stabbed by knives therefore knives should be outlawed
What a bunch of nonsense. Usd is the single most used currency in terrorism and all evil doings in the world
Truth is governments dont want cryptos cause then dont have insight and power over it. Government LOVE cryptos they themselves make where they can control it and manipulate it
ReplyThe only thing you could think of to say about bitcoin (which is only one of hundreds of coins) is that it’s used by criminals? Bill, as a pothead I thought you of all people would be for something that goverments demonize and fear as they have no control over it ?
ReplyUp until a few months ago I was also sceptical about crypto. But this was as a result of being uninformed. Now that I have informed myself, I do not see any way how crypto is not the future. As soon as you realize this whole space is a direct threat to people like this guy and the financial institutions currently in power, it puts these videos in the right perspective. This is like candle and whale oil manufacturers telling you electricity is going to be dangerous and we should not adopt it.
ReplyNothing to do with crypto
ReplyBS for the ignorant
Most crypto is traceable
Cash is used for no trace crimes
Meanwhile central banks can print to infinity and trash my savings account.
ReplyAlso, net neutrality back please
Reply@ 1:25 you mean like the banking industry? Accountability shouldn’t be selective
ReplyI don’t see how cryptocurrency is anonymous at all. Want something good on the Internet it’s there forever somewhere. There’s a server somewhere storing things.The worst thing we could do is get rid of cash. That is the only way to have privacy. If you have to use a credit card or a debit card or crypto someone will be able to track everything you buy
Replyok boomer…
ReplyIs Elon Musk using all that Tesla Stock money to buy Bitcoins?
Reply1 million Satoshis = $ 600.00
Now that poor people can no longer afford Bitcoins ($60,000)….They are now buying Satoshis….Since Bitcoins are self multiplying there are no reasons that one day one Satoshi will also be worth $60,000. The first Bitcoin was worth $0 in 2009. 1 Bitcoin = 100 million Satoshis.
Bitcoin is dividing and multiplying and is becoming a worldwide monetary pandemic. People are borrowing real money to buy Bitcoins.
Krebs needs to not contradict himself in the space of one interview. 0:36 “All this stuff about Russia and China is ephemeral (< meaning its a short term concern) " He then goes on to say 1:36 ",,, we need to start holding some of these countries like Russia that allow these criminals to operate in their sovereign territory with impunity ...we need to focus on that...." Well which is it Christopher? We should watch any activity in World Financial Markets by China and Russia with extreme caution. Crypto or otherwise.
ReplyCome on Real Time; you need to give us more than 2 minutes 28 seconds!
ReplyGod forbid you fix the underlying issue.
ReplyWhat is this guy talking about? Do you US dollar is the preeminent currency for ALL crime in the world, not just cybercrime… And the fact of the matter is it’s completely worthless. #moneyprintergobrrr
ReplyThis guy acts like FIAT isn’t the #1 most used currency in illicit transactions the world over.
ReplyDo you wonder where people can’t really afford to buy a home but do,all the homes are inflated values but the banks still give them money.Why? AWM
ReplyAs far as crypto currency, it would be safer to bury your cash in the backyard, because like stocks and bonds they are only worth what you can sell them for, you may make money or you may not even be able to sell them. It was like back in 1999 when I told the guys at work that were investing in gold and tech stocks… It’s a Gamble keep your eyes open… I for one am buying food , cuz you can’t eat stocks, bonds or Bitcoin.
ReplyUS will put the dollar on the blockchain and Bitcoin will crash. The end.
ReplyOh look… people afraid of something they can’t control. Lol.
ReplyBill should get a REAL expert. To summarize, the guy said nothing about crypto. He’s just bitching.
ReplyBitcoin is not fully anonymous
ReplyCrypto is the next market crash. Billions if not trillions will disappear
ReplyNot like there’s something like blockchain or anything.
ReplyFear mongering at its worst, come on
ReplyThe average American doesn’t give a s*** about ransomware. They’re too busy working two jobs and still not making enough money. You think they gave a flying f*** about the government getting ransomware you f****** dumb s***. Fiat currency is the greatest threat to this world the death grip banks have on our f****** throat in this country meet the end.
ReplyAnti-crypto positions are really about preventing dedollarization!
ReplyKNOCK A SONY TOWER????
Replyafter that, everything else is gibberish!
All the talk about the method of payment but nothing about the NSA etc. holding on to these exploits rather than telling companies so they can fix them. Nothing about the NSA’s hacking tools being for sale on the black market.
ReplyFUD NPC
ReplyBitcoin and other cryptos are just a tool for criminals and money launderers.
Replyabout 30 seconds in, you could tell this asshole knows nothing about crypto or intentionally FUDing
ReplyAll empty words, pure FUD.
ReplyThis idiot Krebs said that our cyber security was secure and a month latter thousands of government business got shut down! Bill Maker injects the blood of poor African children to slow aging.
ReplyCryptocurrncies aren’t the reason why American hospitals are being hit so badly. The US being an underdeveloped country where hospitals don’t get good computer security is the problem. But you’d rather enrich fuckers than invest in your people’s health, so…
ReplyFor those complaining that this isn’t a full discussion of the issue, you do realize this 2.5 minute clip is a promo for HBOMAX, right?
ReplyMeanwhile, the Fed has printed $6 trillion out of thin air.
ReplyHes talking about dumb people clicking on spam email about free give away scams. Has nothing to do with bitcoin or crypto. There is nothing anon about crypto payments once a transaction lands on an exchange that pays in cash. Nothing is Anon in crypto for the most part.
Replyfuck bit coin! that stuff is a waist of energy and superconductors!!!!!
ReplyThe bitcoin criminals not as bad as the criminals that just stoke 1.9 trillion Billy red shoes
Replywhat a load of BS. Bill needs to brush up on distributed ledger technology and call this BS out…especially when he has a segmented later commenting on general monetary policy running amok and poisoning financial markets – the connection is really easy to spot
ReplyWhenever I hear something like “bad guys are gonna be running wild” I think of George W and his war on wrongdoers and bad guys. Look at this aristocrat with his manicured hands explaining why a currency HE can’t control is bad for “average Americans”
ReplyTwo morons facing each others , smh
ReplyAt this point, Bill just wants the government to regulate the People’s Currency. We have lost faith in the US Dollar and the Federal Reserve but leave it to poor man childs to ruin it
ReplyShill
ReplyEvery single exchange is recorded on the block chain. How about all the scammers out of Calcutta tricking people into sending them cash via UPS?
ReplyOf course a narc like him doesn`t like the idea of the people having access to untraceable currency. That is a very narrow range of perspective he shows there, but again, that is to be expected here. Just because you in your corner of the world can`t think of any legitimate reason an honest citizen would need to use crypto, doesn`t mean there are none.
ReplyFUD from a knob in a suit.
ReplyMiss the good old times when there were no cybercrime with fiat money…
ReplyI always thought that the key to cryptocurrency was that block chain allowed for traceability?
ReplyA very important topic. But, the “Anonymous” bit has been removed within reason, because the blockchain is public… You can see money moving. It’s on record I traded today for example, and thus, pay taxes on $400. Pay attention people…
ReplyDon’t buy Bitcoin. STAY poor.
ReplyUntil you can tell me the serial number on all the bills in my wallet I won’t give a damn about how “untraceable” bitcoin is. FFS, illegal activities existed loooong before bitcoin did. What did my friends and I use to buy pot in high school? Government made currency!
ReplyI love how in the future people will watch this and cringe over this naive understanding of the matter.
ReplyKinda like watching 1970’s TV hosts educate the audience about the dangers of evil Marijuana
Smart dude.
ReplyIs it just me, or does Christopher Krebs sound like Chris Evans/Captain America? I was looking at another tab listening to this video’s audio only, and the similarities and the line between the two people was really blurred. LOL
ReplyThe real problem isn’t cryptocurrency but your lack if IT security. If some random dudes can break into your most vulnerable systems to extort money, what do you think a hostile nation with almost unlimited resources will do?
ReplyOh yes, crypto is dangerous, we must trust our loving ethical and transparent central banks at all cost! Any deviation from the central bank monopoly is tantamount to treason. As a matter of fact, crypto is dangerous to our democracy!
ReplyBill never fails to have a guest that helps reinforce his ignorance and misinformation with the kind of unearned confidence that would make a coked up frat boy blush.
ReplyI am Dutch but isn’t this a late night show? If so, Joe certainly wasn’t watching. He goes to bed after dinner.
ReplyErr hello…. blockchain is transparent! The complete opposite of federal banking! Do your homework you morons!!
ReplyI thought Bitcoin transactions left a public ledger
ReplyWildly inaccurate points being made there. Need to have someone who understands it better on Bill, Andreas Antonopoulos is your guy. Bitcoin is hope in a world going to crap. Criminals have been using fiat loooong before Bitcoin came around and just like fiat, there are far more honest people using Bitcoin.
ReplyI don’t approve of crypto anymore. You just can’t trace it. This is why we have a credit system.
ReplySafemoon is looking pretty solid. 10% trade fee. 5% goes to investors based on how much they hold. The other 5% goes to a locked liquidity pool DE inflating the value driving the price up. A bunch of whales not realizing the 10% trading fee, traded in an out multiple times making the liquidity pool so big that there will always be value to the coin with 100s of BNB. The devs don’t have enough coins to pull the rug and have come out into the spotlight willingly doxxing themselves. They gained over 140k+ unique bag holders in 2 weeks. Its breaking crypto records. its been going viral on tik tok and massive youtubers like Jake Paul and Ben Phillips have gotten on board. Amazing community. Will be getting into charities. NFTS are in the future with gaming partnerships. Will be on Whitebit and Bitmart soon. We’ve crashed the BNB network on Binance multiple times, so Binance knows about us. This is no longer a shit coin but a community coin with great tokenomics thats everyone is copyin right now and a dev team thats risking its reputation. This coin has earned a mention.
ReplyCrypto is a gargantuan pyramid scam, the people I talk to are hypnotized by it even after it’s “value” plummets by $56k a week or two ago. What anyone with a functioning brain can tell is that people are turning real money into a fantasy of free wealth and when the algorithm detects that it has reached its absolute apex the one company that owns all the denominations will go dark after cashing out every penny and run away to Bermuda with actual dollars. It’s so sad.
ReplyThat guy is a fuck wit,n u should of told him that…n told him how with the fix,n the infrastructure n so on when the biggest criminals by a mile are your politicians…from Australia
ReplyBootlicker
ReplyWell that wasnt biased at all
ReplyThe main reason crypto is bad is because it supposedly can be used to pay for things anonymously? OK. Ever heard of cash?
ReplyProblem is too many Americans still believe they live in the greatest, freest country ever in the history of history that they don’t & will never believe they are their own worst ignorant enemy.
ReplyFrankly, this is embarrassing. Cryptocurrencies are here to stay, get used to it.
ReplyThe Average American, Not a good description these days!! Remember 74 Million Voted for a Moron and it’s a requirement to be Gullible and spread bullshit to be a member of the GOP. Oh and yes the 2nd Amendment is a hi Jacked Lie. ..
ReplyA different point of view. I mean it’s bullshit relating it to bitcoin. He sounds like he wants control, more taxes and a great big nanny to wipe people’s arses for them when they make mistakes
ReplyI do wonder if Bill is trolling us?
yeah, all those pallets full of Bitcoin that Pablo Escobar… oh wait those were US dollars!
ReplyThey get hacked because they are using shitty OS like Windows, people should learn to avoid the usage of that inferior OS, and only use macOS and Ubuntu… y se me callan
ReplyHe gets asked about Bitcoin.. then does a rant about hacking the internet and cyber security. Helloooooooooooo??????
ReplyThis guy is way off. Bitcoin is easily traceable.
ReplyWe all know XRP is the chosen one. Invest NOW.
ReplyWho is this guy and when did the intelligencia hire him? We people need to know who spreads the corporate/government propaganda so we can digest it well.
ReplyYeah , it is way more easier to trace a cash drug deal in a dark alley somewhere in Nebraska than tracing a blockchain with discernable transaction patterns. I believe you sir…I truly do.
ReplyThat guy is a ____ who knows nothing about sovereignty and crypto. The banks have been ripping us off for centuries and finally something is going to change that. And he makes it sound like some horrible thing. Bankers and regulators want you to believe what they want you to believe. I trust Bill to give us honest content, but this guy uses a bunch of fancy words to say not a dman thing. Ignore this guy
ReplyThe **real** question, is how will cryptocurrency at large affect our lives after the house of cards commonly known as “centralized government” collapses in a light breeze?
ReplyIs only a matter of time until bitcoin become a ”national security threat”
ReplyBitcoin has it’s flaws, don’t get me wrong. But, it’s saying FU to the banks who have been raping civilization long before Bitcoin.
Replythis guy has never heard of cash
ReplyFalse… Crypto seems to be giving power back to individuals while taking power away from taxation and the liberal agenda… just one working man’s opinion. This comment will age well sadly.
ReplyThat is a very narrow and short sighted view of the world of decentralization which is unfolding right now.
I really hope the left will embrace it more and recognize its potential of empowering the people.
ReplyChristopher Krebs: Cyber criminals are conducting major cyber attacks on our public infrastructure – hospitals, schools, financial institutions, and state and local agencies enabled by crypto currencies, and that is before you even mention state sponsored cyber attacks… if there is a vulnerability, they will exploit it.
ReplyAmerica: “what about elections?”
Christopher Krebs: nah……um………naaaaaaah.
FUD FAKE NEWS
ReplyAs opposed to the money system we have now? Bring on the destruction then Bill
ReplyKrebs doesn’t understand blockchain
ReplyThank God paying with cash is trackable…oh wait.
ReplyYou’re anonymous? Oh wow. Americans are very concerned about that! This is so dumb, sorry.
Reply“”The Bad Guys” are going to run wild.” *Draws straight line to Russia.*
Pure Democrat Derp Nip.
The US dollar is the most used in crime currency. Bitcoin is a life boat from the debasement of all fiat currencies. U better get some. Cause your dollars value going straight down the toilet.
Replyit’s more about blockchain technology than just about bitcoin …
ReplyThis guy and Bill are hair buddies to the end.
ReplyOr.. we could go back to writing stuff down on paper and going to the bank to get cash.
Replyinternet is what allowed cyber crime. Bitcoin only allows one type of cyber crime. So let’s get to the root of the problem instead of aiming at the flames. Let’s ban internet and go back to amish times!
ReplyDude, it’s OK! Relax! This segment reminded me of Angelina Jolie’s movie Hackers from 95 when they had no idea how the Internet is gonna work. It was Fun–tasticles nevertheless.
ReplyMay as well shut off the internet too then since it allows criminals to do things.
ReplyWell considering how the West keep the rest of the world poor and all done with legal fiat-money. F.e. like Africa with all their ressources, who are the criminals now?
ReplyBTC and block-chain tech were invented as a consequence of the 2008 financial crisis, where mainly US-banks brought the world financial system close to extinction. My generation will pay for that with our retirement money. Bitcoin is highly volatile, surely not a place for secure investments, but definetly a big middle-finger to the bank industry. BTC have a fixed number, they cannot be reprinted or re-mined, so there no inflation possible. It’s not controlled by any bank or state and thats a GOOD thing.
ReplyOn the other hand, BTC consumes large amounts of energy, created by fossile fuels (i.e. coal in mongolia). Its carbon footprint is huge. That will have to be improved.
I know people who have won considerable amounts of money with this Bitcoin shit,
BUT!! I know even more people, who have lost a LOT of money. And to me it seems like a scam, that is about to blow up on everyone’s face.
ReplyCheating for Chester molester
ReplyHe can’t he pronounce the word ‘ephemeral’. Unbelievable.
ReplyI feel like crypto currency only scares people who already have money, everyone else is like “fuck it, lets see what happens”.
ReplyI’m up 70% in two months. I don’t really trade BTC, though. It’s mostly OTX
ReplyThis is so fucking dumb. Bitcoin is NOT anonymous. Watch any 5 minute video on blockchain and you will learn that the whole point is that EVERYTHING is public.
ReplyThe uniformed misleading the presomptious stoner about a topic neither of them has any idea about but some vague, lazy Hollywood cliches. Good thing Gary Gensler is out in charge of the sec, at least he made his homework regarding crypto. Bill thinks he is the rationale, getting to the bottom of things-guy while the opposite is true. No substance here, only dunning Kruger effect.
ReplyWait was bitcoin stolen or fiat?
ReplyI was just telling someone the other day that the big crypto crash will probably trigger a depression. Companies are starting to go all in on this nonsense, and even casual investors are getting into it. That’s always the warning sign of a massive bubble about to burst.
ReplyNewsflash. Cyber criminals steal all types of money.
ReplyThe government with shutdown a free open currency. We must be controlled.
ReplyWhen you find out how much Bitcoin has been lost to many reasons, its crazy.
ReplyLess than 1% of all Bitcoin transactions are for criminal activity, USD is 4%. This guy is a shill
ReplyHis speech on cryptocurrency sounds a lot like the speech people have with freedom of speech when it comes to what some define as hate speech and want to censor almost everything. Why not ban currency and let papa and mama government dictate what you can get and what you can’t get? Let the government micro manage the economy, that fucking went so well with communisme. That is why North Korea is so prosper today, they have their own internet with a whopping 28 websites. That is why they have gulags with force slavery to mine coal to sell to China. That is why it deals in the black market to sell weapons, drugs and other contraband. That is why they ask their own military personnel to grow there own food and not only don’t they give seeds to grow crops and also promise to give goats, but switched to rabbits. While rabbits are good for a source of proteins, they are horrible for nutrition if it is not supplemented by anything else. That is why North Koreans are so healthy but still die from starvation. That is why they have a specialise hacking teams that steals money world wide. Because micromanaging the economy goes always well…
People like this, are the reason why we hear stupid ideas that have not been thoroughly thought out. But, like clockwork, they will use emotions and fear to make it sound like a good idea, like communisme. The perfect paved path with good intentions that leads to hell.
ReplyLmao cyber crime is not functioning off of cryptocurrency they existed long before crypto and have a lot harder of a time breaching systems now than they did before crypto despite exponentially more people doing it. The entire definition of the blockchain is that ALL transactions are plain and available in the public ledger as well as money accounted for and encrypted requiring “majority” stakes in the system to manipulate. Maybe politicians finances should be on a blockchain?
ReplyBanks and fiat enact more fraud than anything by far.
ReplyLOL when there is shit security practices to the dude blames cryptocurrency… If there was no generic ransomware attacks everywhere, those huge security holes would still exist…. but the people exploiting them would be just grabbing very specific information. They’d just steal personal information, payment information and have fun with that :/ what a shit analysis hah!
ReplyAnd yet these cybercriminals often used vulnerabilities developed by the NSA, but there’s no mention of that.
Plus I’m pretty sure the average Joe was pretty damn concerned when the UK NHS was hit by wannacry (an NSA developed exploit)
ReplyLOL he never mentioned that 40% of our currency was printed in 2020. Wonder why ppl are into bitcoin
ReplyWorst analysis i have heard on crypto ever
ReplyStep 1: buy bitcoin Step 2: tell everyone how great it is and how people will miss the boat of riches Step 3:sell for big profit$ before big countries see it as a threat to their own securities and decide to intervene
Replywhat horseshit, lol, no one has ever payed for the release of a computer in crypto, LOL, my god the banks knows who the scammers are and it starts there and they do nothing, to much money would be lost if they did? give me a brake.
ReplyWhat a bs. Who invited this guy?
ReplyChina and Russian cyber attacks are nothing to worry about?
ReplyFUDDDDDD
Replythis is just about how shitty our public sector cyber security is, and says nothing about the human right ENABLING parts of the crypto discussion. the potential to extricate ourselves from the corrupt and entrapping nature of banking institutions, big business and governmental overreach, are valid and important parts of the crypto discussion. not to mention the potentially positive ramifications of blockchain technology, including more immediate, participatory and accurate politics and voting, authenticating news in a world of deepfakes and propaganda, and the further ramifications for the protection of privacy, in an age of near ubiquitous surveillance
Replyits like reefer madness for crypto
ReplyThis guy is a complete scumbag. He is contributing to the fear mongering narrative that is being pushed behind the scenes to regulate crypto to SUCH an extreme, that the average working class person would have NO chance to financially gain by speculating….just like the lowlifes in India that are pushing to make crypto ILLEGAL. Its always about whatever is takes to prevent people from climbing to the next economic weight class.
ReplyNot digital money is more traceable than crypto. Cash at the other end. This interview is really lame
ReplyHidden excel sheets passed around by banks, and private databases that can create money… all of which is near impossible to actually audit versus an open ledger that’s easily auditable by anyone with an internet connection, and completely traceable transactions with only one source of truth (vs multiple spreadsheets/database by private banks)…. bitcoin is only a bad thing if you own a money printer like these big banks.
Replyignorant.
ReplyYou know what has funded more illicit crime and murders internationally than cryptocurrency like Bitcoin has?
The US Dollar.
ReplyAnother globalist shill who calls out Russia (a gas station masquerading as a country) but never China(the world’s worst police-state, cyber-criminal, and genocide practitioner).
ReplyBy far one of the dumbest people to talk about defi
ReplyWith cryptocurrencies… there is LITERALLY a digital recording of the transactions and an associated paper trail, making it that much more difficult to “remain anonymous” while conducting crimes. Wait ’till this guy hears what kind of drugs and illegal activities have been purchased with “U.S. Dollars”!
Replymajor incompetence … or was it pure comedy …
ReplyYou can put a suit on Bill Maher, but he still looks like the slob he really is.
ReplyNotice how much classier his guest looks.
Bitcoin is a decentralized asset with a public Ledger that anyone, from Joe Plumber to a rocket scientist, can inspect. Using it for illegal activities is as dumb as it is dangerous. The vast majority of criminal activities involving money laundering is done in dollars, not crypto. So this is an absurd point.
Bitcoin is an invention designed to solve a major problem with modern societies: to break the monopoly of money owned by central banks and return authenticity and truth to the market. Unlike what central banks and politicians have been trying to sell us, America is not a Capitalist society. It can’t be, because by definition, a capitalistic nation defers the selection of value to market participants. Central Bankers have a monopoly on money, which means they control the supply, demand and velocity.
This is what Bitcoin is here to solve. Bitcoin is money you can’t control. It has value because market participants can send and receive money freely, without a third-party in between, with a fixed cap on the supply, meaning no politician can decide unilaterally to dilute the value of your coins by issuing more. This is why Bitcoin is worth almost $60k, why it will be worth hundreds of thousands fairly soon and why about half the companies listed on the S&P500 will have it on their balance sheet by the end of the year, eventually pushing the price towards the millions of dollars – because no matter how much money the government decides to print, the value of your Bitcoin will not be diluted. It’s a technology that allows people who adopt it to preserve their wealth and energy in cyberspace.
Eventually, even the biggest skeptics and haters will realize that the Dollar has no “intrinsic value”. Bitcoin is the first asset in human history whose supply is completely detached from its demand. It’s being adopted by the free market because it has perfected the properties of money: divisibility, portability, recognizability and absolute scarcity.
The sooner you realize this, the more you can capture it’s value. Because the value of the dollar is going nowhere but down.
ReplyOr just get rid of all currency and let the Force guide us.
Replythis guy is a putz
ReplyBitcoin isn’t anonymous. What is he talking about?
ReplyAnytime they talk about “…making us safe” get the lube out
ReplyThe bad guys could use ransom ware to extort US dollars too. If they’re in Russia or China or somewhere else and they extort a million dollars from a hospital in cash no one’s going to catch them and cryptocurrency’s got nothing to do with that at all.
ReplyWe’ll have to end the world wide web.
ReplyFUD
ReplyExceptional its not anonymous
Reply20s in and anyone in blockchain knows this is horseshit
ReplyYeah ask a government guy about Bitcoin. Great choice Bill
Replyanyone who is anti-bitcoin has huge incentives and motive to make sure it doesn’t succeed. start stacking up as much bitcoin as you can, even 0.0001… it adds up! the dollar is ancient history and anyone holding it will end up being the real bag holders
ReplyI am not that familiar with cryptocurrencies, but I have questions and observations. Krebs didn’t say Bitcoin, he said cryptocurrencies. Do other cryptocurrencies have blockchains? Also, they didn’t specifically say that cryptocurrencies were used to get ransoms, but they implied this. Is that how the ransoms were paid? I am just curious. Also, how do you study a blockchain to ID the user? Can you do this after you spend the currency?
ReplyGuy doesn’t know what hes talking about…
ReplyDude is salty af. Just bought more btc
ReplyCriminals aren’t going to stop simply because you might still have to use dollars to pay them off.
ReplyYes I’m very concerned about anonymous payments. I don’t feel safe unless the government can monitor how I spend my money. Maybe it can even help them invent a new tax.
ReplyWhat you get when two people who know nothing about real technology have a discussion about technology.
ReplyWhat is more transparent right now
The fed and how it handles the dollar or Bitcoin.
Bitcoin
If this guy is in charge of cyber security we are truly screwed. He’s not even a cyber security specialist he’s a lawyer. He probably couldn’t pass comptia’s security Plus exam if his life depended on it and that’s like a bare Bones exam
ReplyCorrect me if I’m wrong, no seriously, correct me if I am wrong. But are we not suppose to be a free and open society or is that just a bunch of BS?
ReplyKrebs is a lying sack!
ReplyDeflation seems like a more dangerous side of BTC
ReplyYeah, remember all that tracible cash the mafia built Vegas with?
Replylame attempt to try and get public acceptance of the upcoming fiat digital garbage from the Fed
ReplyWe’ve always been able to pay people anonymously. Its called cash.
ReplyThis guy knows nil about crypto and how it is used and recorded. SMH
ReplyWhen did hospitals and government agencies started accepting anonymous cryptocurrencies payments??
ReplyBitcoin isn’t anonymous.
ReplySo many brilliant liberals watch this show, I wish one would answer this simple question; why do we have to pay taxes if printing trillions of dollars apparently has no negative effect?
ReplyOnly task with Crypto is the process of linking a person with a crypto wallet. Apart from that all transactions are well documented unlike cash.
Replytbh, I don’t really care if I get ripped off by “virtual criminals” or “bank criminals” :D:D pretty sure everyone knows what I mean 😀
ReplyWhat percent of bitcoin transactions are illegal?
ReplyIt’s a pyramid scheme
Reply“It’s anonymous” but “Every transaction is recorded”. “Every transaction is recorded” yet the victims of Mt. Gox “did not receive their money back”. It bypasses the government yet anonymous cash is no longer a thing.
Replyit’s 2021 and someone still thinks crypto is anonymous / untraceable?
ReplyWe need to control your cyber money! It’s for your own good! Don’t worry that china makes all the stuff and Russia has a shit load of oil…..just let Mr. Confident white teeth guy tell you how you need to let the government create a massive network to spy on your cyber money.
Replysupporting bitcoin = supporting human trafficking
Replythere is no gray area
Guy gets asked about cryptocurrency and doesn’t talk about it at all.
Sure. Ransomware or hackers making money from malicious software didn’t exist before bitcoin.
Sure. Fiat currencies have never been used by hackers, terrorist organizations, or criminals.
It’s like being asked about USD and saying it’s no good because it’s sometimes used for illegal things. Gtfoh.
ReplyKerbs is an idiot, Btc is not spreading malware. Idiots browsing crappy websites are.
ReplyWhat a terrible segment. There was absolutely no discussion about cryptocurrency and bitcoin. Hey just discussed criminals. Bitcoin is only used as the form of payment. Clearly a more efficiant form than cash.
ReplyRussia and china are ephemeral? Cryptocurrency is the real threat? Who the fuck is this guy again?
Reply…another HITPIECE on bitcoin..I get these every day
ReplyWhen I saw this guys face, I already knew he was an establishment hack
ReplyThis guy knows nothing about crypto
ReplyThats a nice joke bringing 21st century education to america
ReplyGuys get educated about crytocurrancy. You are completely off base.
ReplyBitcoin is no longer anonymous. I love when they have these guys on spreading misinformation
ReplyNothing works better for criminals than cash. Bitcoin is trackable. A good place to start to begin to understand cryptocurrancy is by interviewing Andreas Antonopoulos and Charles Hoskinson the creator of ADA.
ReplyBill the shill! Bill the shill! Dude’s a tool for the wealthy.
ReplyI fear taxes more than anything you can make up.
ReplyTHIS GUY is a great politician, he said NOTHING.
Replybitcoin or bustcoin
ReplyWhere is the start of this interview where he talks about Trump firing him because this Republican knew the elections were SECURE??
ReplyHilarious, what a joke.
ReplyIf you have some money to play with, the myriad options of investing for short term gains can prove lucrative. The criminal element has and always will be there with whatever technology is available. That goes back to time immemorial.
ReplyThis was my biggest concern with crypto everything digital makes everything easily destroyed. And I tell these people who are going this way that the idea of it is awesome but not having something physical to hold is going to be a huge problem
Replysays the guy who was in charge of the “most secure election ever”
ReplyMan, what did criminals use before cryptocurrency?? If only there was some untraceable, fungible, anonymous way to track the transfer of payments. Fiat cash certainly doesn’t work that way…
ReplyWhy did Bill waste our time [by interviewing a pro Fiat fearmongering wingnut]? Fuck knows….but please do not waste our time again Bill. We can always watch Fox news if we want to watch bullshit.
ReplyBill Maher has truly jumped the shark.
ReplyOh yeah, consequences! I remember them!
ReplyCryptocurrencies are nothing more than a pyramid scheme. There’s no reason any one of them should have any value, considering anybody can simply go and invent another one. They’re a trap for the dumb and enormously wasteful of actual real-world, real-life resources. Then you get to Kreb’s point, that they all facilitate corruption and crime that’s much harder to accomplish with real currencies.
ReplyLmaooooo bill is a plant.
ReplyAfter hearing this I just doubled my stake.
ReplyWhen a 15 yr old kid can hack the pentagon you have to check your gear.
ReplyBitcoin isn’t anonymous. You can track every wallet and every transaction. That’s why the DEA and FBI said they prefer criminals use Bitcoin because they can track them easily compared to using USD or Monero XLM which is an untraceable crypto.
ReplyFear tactics to go against cryptocurrency do not believe this BS.
ReplyInteresting choice to wear a tie with pineapples on it. Does Krebs know about the Pineapple Fund (which donated 5000 Bitcoin to various charities)?
ReplyMeanwhile Katie Huan who was the lead prosecutor in the silk road case said the only reason they were able to catch the corrupt FBI agents in that case was because of the block chain used by bitcoin. Soooo what’s this about bitcoin being the downfall of society?
ReplyThese clowns just can’t get enough government controll in their lives.
ReplyBitcoin is monetary freedom. Rich people and governments (very often the same people) hate the idea of monetary freedom for the masses.
There is a lot of misinforming innuendo here and I would recommend doing one’s own research. Start with “Blockchain” and then research “Central Banking” .
ReplyYou may begin to think that one has incredible potential to create a more equitable society. And you may discover that one has abused its privilege to such an extreme that it has completely destroyed our society.
This guy is not the person to be asking this question – no one gives a fuck about ransomware and it’s not really a meaningful problem whatsoever. Bring on Andreas Antonopulos or Pomp.
Reply2 minutes- meh
ReplyPeople are sick of getting screwed damn just give us a little more from the top is all we asking. Yall print billions every day and we cant get a campain to make 15 per hour the minimum wage. Ultra rich people we just want a little not all just a tiny bity biy damn. We will leave yall alone lol
ReplyJust get rid of money. Everything should be free in this world anyway. The only reason we have money is so that people can leverage power over other people. If we eliminate money, buying, selling and trading, as well as hoarding and stockpiling for those purposes, the world’s problems would end immediately.
ReplyHenry Ford had the idea for an Electric Currency in 1921 “to end all wars.”
Replywhen the guy that works for bicycle shop tells you motorcars are death traps !
ReplyIt’s better if they legalize bitcoin and accept that banks do not have a role to play in currency anymore. The sooner the government realizes this, they can still keep in control.
ReplyWhat a shitty shill position that is. Pretty much called crypto a criminal underground, and then changes the subject to the legitimate threat of infrastructure to equate the two.
ReplyAs soon as this guy first appeared on TV saying, “2020 was the most secure election of all time on planet earth blah blah blah.” I knew he was some kind of intelligence agency stooge working for global interests, not ours. Nothing he said in this interview changed my mind. What the fuck was he doing on Bill Maher anyway? Who made the phone call?
Reply“BREAKING: Knives enable knife crime! Details at eleven!”. Never mind that knives enable cooking and an infinite number of creative endeavours. You’re missing the forest for the trees, my man.
Also, the solution to ransomware is cybersecurity. Idiot. “Easier payments” enable cheap international money transfers just as much as pseudo anonymous extortion.
ReplyWhat does this have to do with cryptocurrency? Hackers are using it to get paid? So did silk road, and it still got shut down.
ReplyInteresting to hear how less an single dude can have about a topic he earns his bread with, just by falling for catchphrases.
If America is that lonley planet and all other countrys a mysterious things happen somwhere on the borders of reality, yeah, this perspective could be okay. Everything is stereotype. Russians are Klingons with red illuminated backround who host all the evil hackers(for beside those hostet in and by China). Okay, funny guy, Russia has laws. Some of them protect free expression and some of these agains makes it more simple to not reach hackers there without propper proove. America tend to think ther GeStaPo behave(for the hisoircal weak – the nazi german secret police) is kind of normality. Nope, its totalitarian. Make propper laws and you don’t need secret agencys that act against given laws and the trustwortyness of your goverment. It sound weird, but its a major point for being part of the first world.
You fear randsomewear in an enclosed system that is known for ther very strict and visible systematics? Really? And beside the technical bullshit he’s talking like a pro, you mind about the evil hackers go for the schoolcomputers and kids pokemon accounts, but don’t mind about the massive amount of money invested in America and its connected trading partners that could be deleated in a single push of a button by an unknown person? I … would care about that. You also know that there is a inbuild killswitch in the Bitcoin-system, right? You know that the huge investment of Tesla was exactly that short, as the overall value not had the chance to reach the red area and collapse? Its estimatible. Estimate it!
The ppl of your country don’t trust the Dollar, that’s something you should care about. The crash of Bitcoin would kill your economy. This you should care for. You have no regulations for foreign fake-curencys, and don’t mind about doing some in fear billionaires could feel harmed. Care for that.
ReplyYeah, well … or play your dictatory games, call everything you do legal, and everything what others do illegal acts of terrorism.
I hardly recommend to read a history book of WW2 that isen’t writen by americans(ps: its way longer and more complicated …and it’s still full of assholes).
This is why you need Backup and Recovery solutions.
ReplyI mean, Joe. No malarkey. #1 Your mother, the crumbling cookie. Chris Krebs, the brain bank. He needs a job. No joke, your dad. He’d say “What’s Christopher have to say?” Here’s the deal. Put him to work.
Replyhow about protect your systems instead blaming it on the system that’s out of the Central Bank’s control. What if they had to pay in gold? that’s untraceable. should we ban that too?
ReplyWe need a 21st century government that is close to being irrelevant. Time to decentralize and stop the fear of individual freedoms. These two belong on an old relic cereal box.
ReplyBuy signal
ReplyNot often I dislike a Bill Maher video but you can’t say that because ppl use Bitcoin to run ransom ware that majority of its uses is law-abiding. If it wasn’t Bitcoin it’d be e gold before that or Monero if Bitcoin starts being regulated. Scam artists always gunna scam regardless of crypto.
ReplyRight — great idea. Don’t develop a better infrastructure, security measures, counter-cyberterrorism techniques, or anything reasonable. No, no — go after all that untraceable, untaxable MONEY. Of course. Thanks. Got it.
ReplyAnd still yet, the government wants to tax it
Reply“Ability to pay anonymously…” so like cash, right?
Replythis is unhinged
ReplyThis year 2021 online stock market is just difficult and unbelievable, I rather invest my money on bitcoin
ReplyHis thoughts about the danger if crypto is just like everyone else feelings about crony capitalism.
ReplyThis is total bullshit. Man there are three documents that you need to read to understand Bitcoin in the core… This is the same old crony scare tactics against something that most of these ivy league douchebags don’t understand. Cryptocurrency is not a problem it’s a solution against all government and banking system of psychopathic solutions to control the markets and the decisions people make with their currency, weather it is crypto or regulated. It has a criminal element, so does government, so does the lawyers… Don’t demonize it just because you’re lazy as fuck.
ReplyAnother fear mongering stupid take by the ever-lying Krebs -and the dutiful establishment hack that is Bill Mahr
Reply“The bad guys”…in other words, people you can’t control.
Replye-phee-meral ?
ReplyTHE RICH STAY RICH BY SPENDING LIKE THE POOR AND INVESTING WITHOUT STOPPING THEN THE POOR STAY POOR BY SPENDING LIKE THE RICH YET NOT INVESTING LIKE THE RICH.
ReplyHow can you in the same breath say that the threat is cybercriminals, and not Russia and China? You know which two countries are REALLY well known for having huge banks of cybercriminals working for them? Derp. But what would I know, I’m just an IT security specialist. It’s not like I sift through logs of cyberattacks and track where they came from or anything. Wait… Actually, I do. Typical system experiences cyberattack attempt hundreds or thousands of times a day, and most of them are from Russia or China.
ReplyMueller says hi.
Replybitcoin ,s
ReplyUSD Cash is criminals favorite currency by far. Its much harder to launder money on a distributed ledger. This guy is full of shit.
ReplyThe central bank trying to scare people away from crypto currency
ReplyBitcoin is vaporware without value and those who think of its as an “asset” will find their venture one day will end in tears. Bitcoin mining consumes about 1% of total world electric generating capacity. It is only a matter of time before the social justice warriors who buy the CO2 scam will turn their guns on Bitcoin mining and shut the whole scam down. It is curious that Elon Musk is accepting Bitcoin for payments for Tesla’s when in time Tesla’s and Bitcoin will be in competition for scarce power generation, particularly if the nutcase who think “renewables” can create a reliable grid are successful in suppressing fossil fuels and nuclear.
ReplyDont B greedy Bitcoin B**ch is going 2 get outlawed Mr.Dalio from bridgewater confirmed. Just play it safe and build your portfolio with income like dividends. Yet the big correction is coming Oct, 2021 I know. Peace I bow Bill 2 YOU
ReplyNo regulations in the US
ReplyNothing crypto. These currencies are just a result of deflation.
But they reveal that 90% of the old currencies is not backed either. Banks print counterfeit money and give it to you as a credit…and you actually have to create products or give services so you can pay it back.
Only one currency is needed on earth. Before Germany was united there were a lot of currencies in this area. Not only this: they had masses of different time zones.
There is no need for different currencies – especially because money does not have different time zones.
ReplyThe government demands backdoors and vulnerabilities in all operating systems and CPU’s. Attacking crypto rather than securing our digital infrastructure is EXACTLY the response I would expect from government hacks like Krebs. blah blah blah, disregard everything this hack says, he’s not being intellectually honest. I know he’s the liberal’s new favorite toy because he “opposed” Trump.
ReplyLike cold hard cash is trackable.
ReplyNo gold standard? No problem. The dollar is only worth what someone is willing to pay you for your labor. A very inept and inaccurate system. If I buy 5 dollars of bit coin, it’s only worth 1/100,000th of 1 percent of 1/100,000 of 1 penny. A completely worthless system. If every computer and data management system suddenly shut down permanently, where is your (so called) funds, money, or revenue? No where! You never had it to begin with. You took your low value “real” money and traded it for Monopoly money. Folks, buy things that have a history of constant value. Research, research, research.
ReplyNo gold standard? No problem. The dollar is only worth what someone is willing to pay you for your labor. A very inept and inaccurate system. If I buy 5 dollars of bit coin, it’s only worth 1/100,000th of 1 percent of 1/100,000 of 1 penny. A completely worthless system. If every computer and data management system suddenly shut down permanently, where is your (so called) funds, money, or revenue? No where! You never had it to begin with. You took your low value “real” money and traded it for Monopoly money. Folks, buy things that have a history of constant value. Research, research, research.
ReplyEven though my bank only pays .01% on my savings it’s still safer then any other form of investment. Have you ever noticed that speculators are always predicting the failure of the dollar while urging you to buy gold or bitcoin using (wait for it) dollars?
Reply