Assess Bitcoins? All you can do is examine the trading patterns, which do not provide a real analysis of any underlying economic value. The economics of investments are not solely based on supply and demand, and that is all that goes into Bitcoin prices.

Kurt Eichenwald

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More Quotes From Kurt Eichenwald

Enron was becoming a virtual cult of creativity, often placing swagger over substance. New ideas were celebrated for their newness, for their potential; tried and true businesses like the pipelines were almost derided.

Kurt Eichenwald
creativityswaggerideas

Bitcoins are not an investment. They are an investment fad that someday could be a real digital currency, but if they continue to behave as they have, they will instead be nothing.

Kurt Eichenwald
fadsbitcoinreal

Like most people, I gave little thought during my life to the scourge of child pornography. But, I now know we are fighting a losing battle. The predators are sophisticated in the use of computers and talented in the manipulation of children.

Kurt Eichenwald
fightingchildrenpeople

I have no problem with responsible gun owners who own weapons for self-protection, hunting, or just sport. The ones who believe they have a constitutional right to 100-round magazines to fight off I don't know what - a zombie apocalypse? - try to shut down dialogue with threats and other macho posing because of their flawed beliefs.

Kurt Eichenwald
fightposinggunbelieve

Basically, whenever someone says they're wrong, conservatives too often fall back on claims that those who disagree with them are biased and thus worthy of being ignored, a convenient position that allows them to avoid debating uncomfortable criticisms.

Kurt Eichenwald
wrongsomeonebackfall

By the dawn of the millennium, the hallways at Microsoft were no longer home to barefoot programmers in Hawaiian shirts working through nights and weekends toward a common goal of excellence; instead, life behind the thick corporate walls had become staid and brutish.

Kurt Eichenwald
excellencedawnhomelife

When it comes to the teapot tempest that is the Hillary Clinton email imbroglio, the real controversy isn't about politics or regulations. It's about journalism and the weak standards employed to manufacture the scandal du jour.

Kurt Eichenwald
journalismpoliticsrealweak

There were plenty of reasons to suspect Obamacare might have been a colossal failure - although none of them had to do with death panels, huge lines for treatment, a government takeover of health care, etc.

Kurt Eichenwald
failurehealthgovernmentdeath

Uninsured people don't just slink off into a corner and die. They seek treatment, but usually when it is an emergency, and this will be the most expensive kind of care available.

Kurt Eichenwald
diewillcarepeople

When it came to dire warnings about Obamacare, the Republicans were the kings of 'swing and a miss.' People would flee the health care industry to avoid Obamacare? Nope - according to the Bureau of Labor Statistics, health care gained about 1 million new jobs in preparation for increased demand.

Kurt Eichenwald
carehealthpreparationpeople

Obamacare is socialism? Nope - as insurance companies vie to sell new policies, competition within private industry is growing rapidly, with the number of participating insurers growing by 26 percent between 2014 and 2015, and the number of products they offer growing by 66 percent.

Kurt Eichenwald
insurancenewsocialismcompetition

To a degree, the West is reaping what it sowed from a major strategic blunder in the aftermath of 9/11 - the entire concept of a war on technique, that is, terrorism. Defining the enemy when fighting a concept was impossible.

Kurt Eichenwald
terrorismfightingimpossiblewar

A war on Al-Qaeda could have been won with a decisive military strike in Tora Bora during December 2001, but American fighters at Tora Bora were refused requests for more forces when they trapped Al-Qaeda there; the Pentagon was busy husbanding resources for the Iraqi invasion.

Kurt Eichenwald
americandecemberbusywar

Social media is not only the most important tool for inciting terrorists, it can also be an effective weapon against them.

Kurt Eichenwald
againstsocial-mediamediaimportant

Too often, it seems, conservatives have scorned experts as incompetent, biased, or otherwise worth ignoring because they came up with answers that didn't fit their politically desired answer. Often, they proclaim experts have a liberal bias. Of course, plenty of Democrats have voted for conservative ideas, but that is beside the point.

Kurt Eichenwald
worthansweranswersideas

I've often thought that Obama should come out in favor of oxygen, just to see how many right-wingers keel over from holding their breath for too long.

Kurt Eichenwald
howthoughtseelong

It is the ultimate conceit of conservatives: that more than half of American voters don't make up more than half of our country.

Kurt Eichenwald
americanmorehalfcountry

There isn't a lot of honesty when it comes to discussing Obamacare. Too many Republicans lie about the implications of the health-insurance program and dismiss out of hand the reasons a massive overhaul of the long-time system is necessary.

Kurt Eichenwald
handlieabouthonesty

I am an Obamacare agnostic - if it works, as I hope it will for the good of the nation, then it's a great thing. If it doesn't, then that is a disappointing thing, and we need to try something else.

Kurt Eichenwald
i-amgreatgoodhope

If Republicans truly are dedicated to the sanctity of life, they should be the first ones on the front lines trying to get policies for the uninsured.

Kurt Eichenwald
firstlinestryinglife