2013-03-18 Zero Hedge: Meanwhile In Electronic Currency Land, Or Bitcoin 1 - 0

blablahblah

hero member

Activity: 775

Merit: 1000

Quote from: FreeMoney on March 18, 2013, 02:38:24 PM

Uh, is that image claiming that the ECB bashed bitcoin and called it a ponzi? Because the report I recall specifically said it wasn't a ponzi.

Shh! We can't let "facts" get in the way of a good story!

I now think the purpose of the ECB article was to promote Bitcoin development in the Europe region, so that it's not so US-centric. I'm sure that from their point of view, one risk with Bitcoin is that if it gets popular, whichever country holds the most will gain massive profits from seigniorage (i.e.: the fruits of speculating that "cheap coins" that cost <$50 to make will get sold for $millions, making the Yanks unfairly rich the same way that their Dollar exports stole wealth from the 3rd world to fund "The American Dream (TM)".)

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: marcus_of_augustus on March 18, 2013, 10:07:03 PM

Quote from: n8rwJeTt8TrrLKPa55eU on March 18, 2013, 04:32:42 PM

It's quite amazing how the Tylers' animosity towards Bitcoin seems to have done a total 180 from just a few months ago. Now we're getting ZH articles on Bitcoin regularly, all neutral to positive. Looks like he finally figured out what Bitcoin really was, or at least that Btcoin articles generate tons of pageviews and comments.

Peter Schiff had his "21 million" moment.

last i heard he was negative. has this changed?

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

Quote from: n8rwJeTt8TrrLKPa55eU on March 18, 2013, 04:32:42 PM

It's quite amazing how the Tylers' animosity towards Bitcoin seems to have done a total 180 from just a few months ago. Now we're getting ZH articles on Bitcoin regularly, all neutral to positive. Looks like he finally figured out what Bitcoin really was, or at least that Btcoin articles generate tons of pageviews and comments.

Peter Schiff had his "21 million" moment.

hazek

legendary

Activity: 1078

Merit: 1003

Quote from: Haole on March 18, 2013, 04:55:58 PM

Gotta' give Hazek credit for putting the energy into it.

Thanks! I do my best Wink

Haole

full member

Activity: 125

Merit: 100

Who even know who the Tylers are/is? I'd like to know, there's the contributors and guest posts but who are/is the Tylers. I've only ever seen or heard one of the "editors" by name, Bob? something who was on Capital account a while back. Is it Dan and Bob alone? The Neanderthal ZH crowd give Bitcoin a hard time for the anonymity of "Satoshi" but have no idea who the Tylers are themselves. Really makes me curious.

The commentary is great fun and there are still the odd good posts there. Gotta' give Hazek credit for putting the energy into it.

n8rwJeTt8TrrLKPa55eU

hero member

Activity: 588

Merit: 500

It's quite amazing how the Tylers' animosity towards Bitcoin seems to have done a total 180 from just a few months ago. Now we're getting ZH articles on Bitcoin regularly, all neutral to positive. Looks like he finally figured out what Bitcoin really was, or at least that Btcoin articles generate tons of pageviews and comments.

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

Quote from: Mike Christ on March 18, 2013, 02:31:59 PM

Go, little coins, go!

Ah, I think I found the ultimate ZH commenter quote!

Quote

The simple fact of the matter is that bitcoins are intangible. You can't hold them, feel them, smell them, or hide them.

There you have it. Irrefutable logic. If you can't touch it, smell it, or hide it, it is invalid. Much like outer space, neurons and math. Well, you can hide your math, but it's probably not a good thing...

Would be interesting know exactly how much a guy like this keeps in an electronic fiat money database.

Spaceman_Spiff

legendary

Activity: 1638

Merit: 1001

₪``Campaign Manager´´₪

Quote from: FreeMoney on March 18, 2013, 02:38:24 PM

Uh, is that image claiming that the ECB bashed bitcoin and called it a ponzi? Because the report I recall specifically said it wasn't a ponzi.

You think too much. Bitcoin good, ECB bad, so ECB say bitcoin bad. No read text you stupid. Uga Uga Uga.

FreeMoney

legendary

Activity: 1246

Merit: 1016

Strength in numbers

Uh, is that image claiming that the ECB bashed bitcoin and called it a ponzi? Because the report I recall specifically said it wasn't a ponzi.

Mike Christ

legendary

Activity: 1078

Merit: 1003

Go, little coins, go!

Ah, I think I found the ultimate ZH commenter quote!

Quote

The simple fact of the matter is that bitcoins are intangible. You can't hold them, feel them, smell them, or hide them.

There you have it. Irrefutable logic. If you can't touch it, smell it, or hide it, it is invalid. Much like outer space, neurons and math. Well, you can hide your math, but it's probably not a good thing...

Spaceman_Spiff

legendary

Activity: 1638

Merit: 1001

₪``Campaign Manager´´₪

Quote from: cypherdoc on March 18, 2013, 02:15:22 PM

shucks, they should've mentioned Cyprus.

they referenced it indirectly with 'haircut-proof'

cypherdoc

legendary

Activity: 1764

Merit: 1002

shucks, they should've mentioned Cyprus.

Spaceman_Spiff

legendary

Activity: 1638

Merit: 1001

₪``Campaign Manager´´₪

http://www.zerohedge.com/news/2013-03-18/meanwhile-electronic-currency-land-or-bitcoin-1-0-ecb

Topic: 2013-03-18 Zero Hedge: Meanwhile In Electronic Currency Land, Or Bitcoin 1 - 0 (Read 1478 times)