It said, bitcoin is the Napster of money. I disagree. Napster was centralized. I think they meant that bitcoin is the bittorrent of money, that can run without a tracker.
Legal status = depends on how they (governments and banks) treat it.
Security = "unhackable" SHA256 hash with difficulty, etc.
irreversability / finality = that's one main important point of bitcoin.
Topic: 2013-04-17: Time Magazine calls Bitcoin "the conscience of the financial system" (Read 1450 times)
April 18, 2013, 02:43:46 AM
April 18, 2013, 01:04:19 AM
Time Magazine,
This is an accomplishment-
This is an accomplishment-
Quote
"...Bitcoins are, in an abstract sense, perfect money."
April 17, 2013, 06:09:45 PM
PMed.
April 17, 2013, 06:02:25 PM
April 17, 2013, 05:31:36 PM
#CNN reporting "Date in Title Missing!"
- can we confirm this?
- can we confirm this?
April 17, 2013, 05:24:14 PM
NEED DATE IN TITLE!
BUT HAS ALREADY TIME IN THE TITLE!
April 17, 2013, 05:12:41 PM
no sorry
April 17, 2013, 05:01:00 PM
but but, it's dated in the future
Did they list the price of Bitcoin? April 17, 2013, 04:56:59 PM
but but, it's dated in the future
April 17, 2013, 04:54:23 PM
ROFL... That's exactly how I read it, too.
April 17, 2013, 04:52:29 PM
April 17, 2013, 04:37:30 PM
NEED DATE IN TITLE!
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