2012-12-07 The Guardian - Virtual currency Bitcoin registers with EU regulators

ninjaboon

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Merit: 1002

Quote from: Realpra on December 08, 2012, 05:48:20 PM

Quote from: dree12 on December 07, 2012, 04:33:30 PM

Quote from: DeanC on December 07, 2012, 04:14:26 PM

Good news again Cheesy

"Site takes step towards legitimacy as euro accounts now subject to same protection as bank holdings"

http://www.guardian.co.uk/technology/2012/dec/07/virtual-currency-bitcoin-registers

Someone doesn't know the difference between "Bitcoin" and "Bitcoin Foundation" and "Bitcoin Central" Roll Eyes

.

Don't forget the "Bitcoin site, that has been under investigation".

"It will also mean balances held in euros by Bitcoin will be subject to the same protection and compensation laws as cash held in conventional banks."

Yes.. the great Bitcoin company will hold the money, that's totally how it works.

Most confused article on Bitcoin ever. It is really clear that some people have a set of boxes that they put things in and if it doesn't fit they will damn well get it to fit Cheesy

+1
The writer Miss Kiss clearly did get the distinction between bitcoins and bitcoin-central.net

Realpra

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Quote from: dree12 on December 07, 2012, 04:33:30 PM

Quote from: DeanC on December 07, 2012, 04:14:26 PM

Good news again Cheesy

"Site takes step towards legitimacy as euro accounts now subject to same protection as bank holdings"

http://www.guardian.co.uk/technology/2012/dec/07/virtual-currency-bitcoin-registers

Someone doesn't know the difference between "Bitcoin" and "Bitcoin Foundation" and "Bitcoin Central" Roll Eyes

.

Don't forget the "Bitcoin site, that has been under investigation".

"It will also mean balances held in euros by Bitcoin will be subject to the same protection and compensation laws as cash held in conventional banks."

Yes.. the great Bitcoin company will hold the money, that's totally how it works.

Most confused article on Bitcoin ever. It is really clear that some people have a set of boxes that they put things in and if it doesn't fit they will damn well get it to fit Cheesy

Boussac

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e-ducat.fr

Quote from: dree12 on December 07, 2012, 04:33:30 PM

Quote from: DeanC on December 07, 2012, 04:14:26 PM

Good news again Cheesy

"Site takes step towards legitimacy as euro accounts now subject to same protection as bank holdings"

http://www.guardian.co.uk/technology/2012/dec/07/virtual-currency-bitcoin-registers

Someone doesn't know the difference between "Bitcoin" and "Bitcoin Foundation" and "Bitcoin Central" Roll Eyes

.

This is why I think the name "Bitcoin" should never be put into company names. Walmart is not called Dollar Walmart, nor is the Bank of America called the American Bank of Dollar.

Let the second wave of confusion and misunderstanding begin.

To your point, the company started as Paymium, then registered Paytunia as the brand name to go beyond the circle of the bitcoiners. Bitcoin-central is a sort of oxymoron anyway but it has historic value for us, die-hard bitcoiners. Paytunia and bitcoin-central share the same backend app.

Mike Hearn

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Merit: 1134

I sent Ms Kiss an email explaining the differences between these things.

justusranvier

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Quote from: dree12 on December 07, 2012, 04:33:30 PM

This is why I think the name "Bitcoin" should never be put into company names. Walmart is not called Dollar Walmart, nor is the Bank of America called the American Bank of Dollar.

I've often had similar thoughts.

While I'm a fan of what BitPay has accomplished I think Paysius has a better name. It speaks directly to what businesses want - to get paid.

dree12

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Activity: 1246

Merit: 1077

Quote from: DeanC on December 07, 2012, 04:14:26 PM

Good news again Cheesy

"Site takes step towards legitimacy as euro accounts now subject to same protection as bank holdings"

http://www.guardian.co.uk/technology/2012/dec/07/virtual-currency-bitcoin-registers

Someone doesn't know the difference between "Bitcoin" and "Bitcoin Foundation" and "Bitcoin Central" Roll Eyes

.

This is why I think the name "Bitcoin" should never be put into company names. Walmart is not called Dollar Walmart, nor is the Bank of America called the American Bank of Dollar.

Let the second wave of confusion and misunderstanding begin.

DeanC

full member

Activity: 148

Merit: 100

Good news again Cheesy

"Site takes step towards legitimacy as euro accounts now subject to same protection as bank holdings"

http://www.guardian.co.uk/technology/2012/dec/07/virtual-currency-bitcoin-registers

Topic: 2012-12-07 The Guardian - Virtual currency Bitcoin registers with EU regulators (Read 1618 times)