Bitcoin’s Square Deal

MarketFoolery

The Motley Fool

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4.7 • 1.7K Ratings

🗓️ 15 November 2017

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tencent reports big earnings. Target shareholders see red. And Square gives Bitcoin a stamp of approval. Aaron Bush and David Kretzmann dig into those stories and talk about the future of cryptocurrency.

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Transcript

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0:00.0	Thanks to Harries for supporting this episode of Market Foolry.
0:02.9	Get your free trial set, including a razor handle, five blade cartridge, and shave gel.
0:07.8	Go to Harries.com slash Fool.
0:10.4	It's Wednesday, November 15th.
0:14.0	Welcome to Market Foolry.
0:15.2	I'm Matt Greer sitting in for Chris Hill this week who will be back in the saddle tomorrow.
0:20.0	But joining me at studio, we've got David Kretsman and Aaron Bush from Motley Full, Supernova and
0:24.9	Rule Breakers.
0:25.9	Guys, welcome.
0:26.9	Hey, Mac.
0:27.9	Thank you.
0:28.9	Okay, guys, lots to talk about.
0:30.5	Bitcoin getting what appears to be a stamp of approval and so y'all are
0:35.0	going to kind of talk me through that and help demystify Bitcoin because I
0:39.6	confess I'm a bit of a skeptic and I also want to talk about Target because Target's having a rough rough day
0:45.8	But Aaron let's start with one of the world's 10 most valuable companies do I got you interested?
0:52.8	Oh, I'm interested.
0:53.6	Okay. What is it?
0:54.6	Okay. Well, that's just it.
0:56.4	It's not a household name, at least in the U.S. for a lot of people.
0:59.6	Tencent, the Chinese Internet Giant reporting a 69% jump in its quarterly net profit blowing past expectations
1:07.0	thanks to strong growth in its smartphone games and payment services.
	...

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