Author

Topic: 2013-03-28 Businessweek - Bitcoin May Be the Global Economy's Last Safe Haven (Read 4059 times)

full member
Activity: 254
Merit: 100
"Ford is a programmer and the creator of SavePublishing.com."

http://www.savepublishing.com/
k
sr. member
Activity: 451
Merit: 250
A great article.

I also really like image accompanying the article


The "IN NO ONE WE TRUST" in negative space is very clever. Reminds us of the dollar ("In God we trust") but emphasizes the differences. With bitcoin you don't need to trust anyone to know that the bitcoin you receive is good - no counterfeit bitcoins, no central banker to inflate your savings to zero purchasing power, no third party that can arbitrarily stop your transaction, no bureaucrats that can decide to seize your money to bail out others. No trust necessary, just math based rules.
legendary
Activity: 1064
Merit: 1001
Finally something I can send my parents and friends.

This haha.

Excellently written article!
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
What aspecially amazing about this article...
CTRL+F -> drugs -> 0 Results
CTRL+F -> weapons -> 0 Results
CTRL+F -> silkroad-> 0 Results
CTRL+F -> criminals -> 0 Results
CTRL+F -> launder -> 0 Results

There is a sort of offhanded reference to being able to do illegal things near the end of the article, but he pretty much glosses over that aspect of bitcoins.
hero member
Activity: 530
Merit: 500
What aspecially amazing about this article...
CTRL+F -> drugs -> 0 Results
CTRL+F -> weapons -> 0 Results
CTRL+F -> silkroad-> 0 Results
CTRL+F -> criminals -> 0 Results
CTRL+F -> launder -> 0 Results
newbie
Activity: 28
Merit: 0
Great article  Smiley

I love how bitcoin has taken off in the recent months. Bitcoin miners time spent is finally being paid off.
legendary
Activity: 1036
Merit: 1000
Finally something I can send my parents and friends.
hero member
Activity: 700
Merit: 500
Anybody know how big the readership for this publication is?

Wikipedia says just under a million for the print edition: http://en.wikipedia.org/wiki/BusinessWeek

Can probably figure at least that for online.
member
Activity: 84
Merit: 10
That was incredible.  Thanks for the link.
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
full member
Activity: 165
Merit: 102
Live life on purpose
I've been collecting articles on my blog post, and I have to agree this is one of the best ones I've read. My favorite quote:

Quote
Bitcoin is a hedge against the entire global currency system.

Yes.

This.

I care more about this than I do about the current price.
hero member
Activity: 700
Merit: 500
Well that's just great. Nice work!
legendary
Activity: 1106
Merit: 1001
A fantastic article geared towards a really interesting crowd. Nice!
full member
Activity: 210
Merit: 100
This article is full of win. Thank you Paul Ford.
donator
Activity: 674
Merit: 522
This one was really really a good read! Thanks!
hero member
Activity: 931
Merit: 500
That is a powerful article.
member
Activity: 88
Merit: 10
One of the best articles I have seen, written by someone who understands crypto-currency.

http://www.businessweek.com/articles/2013-03-28/bitcoin-may-be-the-global-economys-last-safe-haven


I'm a permabull, and this article gave me goosebumps

see you at $100 tomorrow morning!

Tomorrow morning?  I'm not sure it will take that long...

More seriously, this is probably the best article about bitcoin that I have read, bar none.  There were no blatent errors in the entire article, and there were none of the very common myths about bitcoin.  That it showed up on Bloomberg BusinessWeek is even better.
sr. member
Activity: 451
Merit: 250
One of the best articles I have seen, written by someone who understands crypto-currency.

http://www.businessweek.com/articles/2013-03-28/bitcoin-may-be-the-global-economys-last-safe-haven


I'm a permabull, and this article gave me goosebumps

see you at $100 tomorrow morning!
legendary
Activity: 1078
Merit: 1002
100 satoshis -> ISO code
One of the best articles I have seen, written by someone who understands crypto-currency.

http://www.businessweek.com/articles/2013-03-28/bitcoin-may-be-the-global-economys-last-safe-haven
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