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Author Topic: Did Fox Business book a Bitcoin SV proponent by mistake?  (Read 859 times)

Offline rakitzogi

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Did Fox Business book a Bitcoin SV proponent by mistake?
« on: December 04, 2020, 03:11:00 PM »
Did Fox Business book a Bitcoin SV proponent by mistake?

The interview with Bitcoin SV advocate Jimmy Nguyen on Fox Business came to an abrupt end after only two minutes.

An unusual interview with Bitcoin SV (BSV) proponent Jimmy Nguyen on Fox Business earlier today appears to have been cut short after Nguyen kept criticizing Bitcoin.

Nguyen appeared on the Dec. 3 episode of Fox Business’ Varney and Co. to discuss the increasing interest around Bitcoin, but the interview came to an abrupt end after a total of about two minutes.

Introduced as the “Bitcoin Association” founding president, Nguyen repeatedly took shots at Bitcoin in response to questions from host Stuart Varney suggesting that Bitcoin was increasingly being used for payments.

There was no mention of Bitcoin SV in either the graphics, the introduction, or the interview itself, leading to speculation the host, or the producers — or both — may have been unaware the “Bitcoin Association President” was actually an advocate for the controversial fork BSV.

Asked by host Stuart Varney if he thought Bitcoin’s use as a currency was continuing to expand, Nguyen replied, “No, I would disagree with that. I think Bitcoin is very rarely used today to pay for things at merchants.” Nguyen went on to name Bitcoin’s “inability to scale” as the main culprit behind the “$7” transaction fees that prevent it from being used as a currency for everyday transactions.

Nguyen also used his brief time on-air to reject Bitcoin’s “store of value” narrative while claiming that it has been “driving up its price recently.” As an example of what is, in his view, an incorrect usage of Bitcoin, he mentioned companies that have famously added large sums of BTC to their holdings in recent months:

Bitcoin proponents and BSV critics took to Twitter to remark on some of the oddities surrounding the interview, noting they felt it was strange that Jimmy Nguyen, one of the main faces behind Bitcoin SV, was asked by Fox Business to speak about Bitcoin (BTC).

More:here

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Did Fox Business book a Bitcoin SV proponent by mistake?
« on: December 04, 2020, 03:11:00 PM »

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