Author

Topic: An inside look at a Bitcoin discussion at Vanity Fair (Read 555 times)

legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Quote
Why does everyone suddenly care whether the company that makes those stupid machines is worth more than it used to be? No one seemed to care much about them like six months ago. Did something happen in the world? Something with money, maybe, that we missed? Oh God, is this a Euro crisis thing?
 
Why do supermarkets even have those machines? Like, the machine company gets a fee of every coin converted—we think?—but what’s in it for the supermarket? Couldn’t that floor space be used for something profitable? Shouldn’t that be the think piece?
 
“Bitcoin bubble”: that’s overstating the case, no? How many people are possibly going to be upset or suddenly destitute if those machines are taken away from supermarkets? Or is this our “suburb blindness” talking? Maybe we don’t use those machines because we live in New York, but maybe people in other, less urban parts of the country rely on those machines. Note to self: find out before writing about Bitcoin! We do not want to sound ignorant!

http://www.vanityfair.com/online/daily/2013/04/thoughts-from-someone-who-assumed-bitcoin-was-a-machine-that-coverts-loose-change-to-bills
Jump to: