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Topic: Bitcoin press hits, notable sources - page 2. (Read 430886 times)

donator
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
April 07, 2012, 10:00:16 AM
http://rt.com/programs/keiser-report/episode-272-max-keiser/
Quote
In this episode, Max Keiser and co-host Stacy Herbert discuss getting Zhou Tonged and Jamie Dimon-ed in financial markets. They also discuss bucket shop derivatives, a debit card repo scam and a compound of morons and regulatory flatulence. In the second half of the show Max talks to Michel Bauwens of the P2P Foundation about bitcoin in the virtual world and about pseudo abundance and artificial scarcity in the real world.

Discussion thread: https://bitcointalksearch.org/topic/m.841340
legendary
Activity: 1708
Merit: 1007
April 07, 2012, 09:42:44 AM
According to Max Keiser,  Larry Summers, former secretary of the US Treasury, said the following about bitcoin:

«[bitcoin] is one of many innovative technologies that are going to seek to take friction out. »

However, the given link requires registration to see the full article.

http://maxkeiser.com/2012/03/29/bitcoin-is-one-of-many-innovative-technologies-that-are-going-to-seek-to-take-friction-out-larry-summers/

The comments are filled with patheticly uneducated perspectives.
legendary
Activity: 1288
Merit: 1076
April 07, 2012, 04:26:20 AM
According to Max Keiser,  Larry Summers, former secretary of the US Treasury, said the following about bitcoin:

«[bitcoin] is one of many innovative technologies that are going to seek to take friction out. »

However, the given link requires registration to see the full article.

http://maxkeiser.com/2012/03/29/bitcoin-is-one-of-many-innovative-technologies-that-are-going-to-seek-to-take-friction-out-larry-summers/
legendary
Activity: 1246
Merit: 1015
Strength in numbers
April 07, 2012, 02:48:17 AM
The magazine Northwest Mama just had an article in their first issue released today. Their website has the current issue, which as of now has the article on page 42.

http://nwmama.com/

For those who just want a quick summary:

Bitcoin is a substitute for traditional money, not just CCs and checks but Yen, EUR, and USD.

You should set up an ewallet, people can send you money there and you'll generate some for free, it won't make your computer go slow.

Bitcoin is too buggy and won't replace current money for 30 years.

And my own note:

We're going to need Bitcoin education classes in every city within 2 years or there are going to be some confused folks bouncing around.

Please do not think I made that article. I just found it and posted it.

I certainly didn't think that. I appreciate link posting.

Even though that article is pretty flawed I didn't mean to be critical. People, unsurprisingly even writers, are having trouble understanding. I was just pointing that out.
edd
donator
Activity: 1414
Merit: 1001
April 07, 2012, 02:00:01 AM
The magazine Northwest Mama just had an article in their first issue released today. Their website has the current issue, which as of now has the article on page 42.

http://nwmama.com/

For those who just want a quick summary:

Bitcoin is a substitute for traditional money, not just CCs and checks but Yen, EUR, and USD.

You should set up an ewallet, people can send you money there and you'll generate some for free, it won't make your computer go slow.

Bitcoin is too buggy and won't replace current money for 30 years.

And my own note:

We're going to need Bitcoin education classes in every city within 2 years or there are going to be some confused folks bouncing around.

Please do not think I made that article. I just found it and posted it.

I don't think anyone does, but you have to admit, it was obviously written by someone who didn't do their homework very well.
legendary
Activity: 1092
Merit: 1001
April 06, 2012, 10:55:54 PM
A translation of Naomi O'Leary's recent article on the major German site welt.de

Quote
legendary
Activity: 1246
Merit: 1015
Strength in numbers
April 06, 2012, 08:36:37 PM
The magazine Northwest Mama just had an article in their first issue released today. Their website has the current issue, which as of now has the article on page 42.

http://nwmama.com/

For those who just want a quick summary:

Bitcoin is a substitute for traditional money, not just CCs and checks but Yen, EUR, and USD.

You should set up an ewallet, people can send you money there and you'll generate some for free, it won't make your computer go slow.

Bitcoin is too buggy and won't replace current money for 30 years.

And my own note:

We're going to need Bitcoin education classes in every city within 2 years or there are going to be some confused folks bouncing around.
staff
Activity: 4256
Merit: 1203
I support freedom of choice
sr. member
Activity: 359
Merit: 250
April 06, 2012, 11:13:20 AM

"Zitty", Berlin.

That's one of the two leading city-magazines of Berlin.

Has a one-and-a-half-pages article about Bitcoin, woven around a report about the bar / restaurant ROOM77. Pretty much explains the most important facts about Bitcoin in non-tech-speak. Actually _very_ non-tech and also quite clueless as the journalist doesn't even understand the difference between IN- and DE-flation. Anyway, bottom line of the article is, that there is a new virtual currency that shifts power away from governments and banks and that the Bitcoin-community sees that as a feature, not as a bug Wink.

Greetings from Berlin!

Joe



legendary
Activity: 1708
Merit: 1007
April 06, 2012, 10:03:24 AM
Hot on the heels of the recent announcement by the P2P foundation that they were paying some of their salaries in bitcoin,
Michel Bauwen(one of the founders of the P2P foundation) follows up with an article in Al Jazeera

Quote
What's all the fuzz about money?

Michel Bauwens
2012-04-05

http://www.aljazeera.com/indepth/opinion/2012/04/20124395428374962.html

...
However, the biggest development may in fact be the creation of a workable, socially sovereign, debt-free currency called Bitcoin.
...

It's a good article, but ironicly he displays his own economic biases by citing long debunked viewpoints while trying to indirectly support bitcoin with them.
legendary
Activity: 1092
Merit: 1001
April 06, 2012, 09:47:28 AM
Quote
Guest post: Bitcoin, Money and Free Banking
by Lasse Birk Olesen, founder of BitcoinNordic.com

2012-04-06

http://marketmonetarist.com/2012/04/06/guest-post-bitcoin-money-and-free-banking-by-lasse-birk-olesen/
legendary
Activity: 1092
Merit: 1001
April 06, 2012, 02:37:31 AM
Hot on the heels of the recent announcement by the P2P foundation that they were paying some of their salaries in bitcoin,
Michel Bauwen(one of the founders of the P2P foundation) follows up with an article in Al Jazeera

Quote
What's all the fuzz about money?

Michel Bauwens
2012-04-05

http://www.aljazeera.com/indepth/opinion/2012/04/20124395428374962.html

...
However, the biggest development may in fact be the creation of a workable, socially sovereign, debt-free currency called Bitcoin.
...
legendary
Activity: 1022
Merit: 1000
April 05, 2012, 02:12:09 PM
Brisbane Times (online): Bitcoin: digital currency attracts financial traders

Completely overtaken article from Reuters by Naomie O'Leary

http://www.brisbanetimes.com.au/technology/technology-news/bitcoin-digital-currency-attracts-financial-traders-20120403-1w9o7.html
legendary
Activity: 1022
Merit: 1000
April 05, 2012, 02:07:35 PM
BILD/Finanzticker (online) (largest German tabloid): Bitcoins: Banker haben neues Spielzeug
title: Bitcoins: Bankers have new Toy

Quote
TOPMELDUNG – Bitcoins: Banker haben neues Spielzeug: Finanzhändler haben ein neues Spielzeug: Die digitale Währung Bitcoin ist ins Visier der Bankenbranche geraten. Von vielen lange als System von Nerds belächelt, gilt Bitcoin heute einigen als der letzte Schrei. Längst haben Börsianer ihren Gefallen an der unkonventionellen Zahlungsart gefunden und machen Geschäfte mit Bitcoins. Im Gegensatz zu herkömmlichen Währungen basiert diese virtuelle Bezahlmöglichkeit auf einem Computernetzwerk und unterliegt keiner zentralen Kontrolle. Ein Bitcoin ist auf Handelsbörsen derzeit knapp 4,90 Dollar wert. Umrechnungskurse gibt es auch für andere Währungen. Bitcoins können in 15 offizielle Valuta umgetauscht werden.

The above quote is actually the whole "article". The same as the preceding one in the Frankfurter Rundschau, just 4 times shorter.

http://www.bild.de/geld/wirtschaft/wirtschaftsticker/wichtige-meldungen-aus-der-wirtschaft-23509676.bild.html
legendary
Activity: 1022
Merit: 1000
April 05, 2012, 02:02:10 PM
Frankfurter Rundschau (online)/Wirtschaft (large regional German newspaper): Onlinewährung Bitcoin weckt Interesse der Finanzwelt
title: Online currency Bitcoin awakens interest of Financial World

Quote
Die Finanzbranche wird auf die Onlinewährung Bitcoin aufmerksam. Die Währung ermöglicht anonymen Zahlungsverkehr und gilt als fälschungssicher. Bei einem Hackerangriff wäre sie allerdings anfällig.
...
Die digitale Währung Bitcoin ist ins Visier der Bankenbranche geraten. Von vielen lange als System von Nerds belächelt, gilt Bitcoin heute einigen als der letzte Schrei.
...
Ein Unternehmen, das mit Bitcoin-Optionen handelt, war jüngst für eine halbe Million Dollar an die entsprechende E-Börse gegangen. [Bitcoinica? Welche E-Börse? Anm. d. R.]
...
Trotz der zunehmenden Nutzung stuft beispielsweise die Bundesbank Bitcoins nicht als elektronische Währung ein. Illegal ist die Internetwährung jedoch nicht - schließlich kann jeder selbst bestimmen, welchen Gegenwert er für eine erbrachte Leistung verlangt. Bankenexperte Simon Lelieveldt glaubt, dass sich die Bitcoins nur für eine begrenzte Zeit auf dem Markt halten werden.

Article resembling and featuring many points made by the recent "Bitcoin, the City traders' anarchic new toy" article by Naomie O´Leary on Reuters. Overally positive about Bitcoin.

http://www.fr-online.de/wirtschaft/bitcoin-onlinewaehrung-bitcoin-weckt-interesse-der-finanzwelt,1472780,14684914.html
legendary
Activity: 1022
Merit: 1000
April 04, 2012, 09:44:07 PM
Süddeutsche Zeitung online/Service section (large national German newspaper): BitcoinsFacebook Credits WoW-Gold

Quote
Bitcoins sind virtuelles Geld mit dem Anspruch einer richtigen Währung. Dahinter steht ein Netzwerk von Menschen, die dem Open-Source-Gedanken nahe stehen. Bitcoins werden nicht gedruckt, sondern mithilfe von Computern im Netzwerk berechnet

Short article giving a rundown on what bitcoin is. No value judgement.

http://www.sueddeutsche.de/I5738L/557273/BitcoinsFacebook-Credits-WoW-Gold.html
legendary
Activity: 1022
Merit: 1000
April 04, 2012, 09:38:41 PM
New York Times online/Opinion Pages

by
Quote
Jerry Brito is a senior research fellow at the Mercatus Center at George Mason University and director of its Technology Policy Program. He also serves as an adjunct professor of law at George Mason.
...
Moving away from paper notes and coins and toward a digital currency is a no-brainer, at least when it comes to cost and efficiency. But when it comes to privacy and freedom, cash can't be beat. We must ensure that we protect our civil liberties by preserving some untraceable payment method.
...
Imagine if the only way to support unpopular causes was with easily controlled e-money. Certain transactions could be disallowed by law, political pressure or corporate fiat, and anonymous giving would be impossible.
...
The nascent digital currency Bitcoin has demonstrated that such e-cash is possible. Bitcoin employs no user-identifiable accounts, relying instead on public key cryptography, so there is no way to know who gave money to whom. And because no intermediaries are needed for Bitcoin transactions, governments have no intermediaries to regulate.

http://www.nytimes.com/roomfordebate/2012/04/04/bringing-dollars-and-cents-into-this-century/a-shift-toward-digital-currency

Positive plea for cryptocurrencies, only mentioning BTC
legendary
Activity: 1092
Merit: 1001
April 04, 2012, 09:04:53 PM
Quote
The Royal Canadian Mint explores a Bitcoin alternative

Patricio Robles
2012-04-04

http://econsultancy.com/uk/blog/9530-the-royal-canadian-mint-explores-a-bitcoin-alternative


...

Bitcoin has not only gained more adoption than skeptics could have imagined possible, but it has created a fascinating discussion around how currency will evolve in the 21st century.

...


But the mere interest of an institution like The Royal Canadian Mint in a Bitcoin-like digital currency suggests that within the next decade we could see dramatic change and innovation around 'money' and how we exchange it.
legendary
Activity: 1092
Merit: 1001
April 04, 2012, 08:50:55 PM
A more sensible take on the MintChip topic which explains why it's nothing like Bitcoin.

Quote
Royal Canadian Mint’s “MintChip” Looks To Officially Digitize Cash

Devin Coldewey
2012-04-04

http://techcrunch.com/2012/04/04/royal-canadian-mints-mintchip-looks-to-officially-digitize-cash/


 Others around the net have likened it to Bitcoin, but that’s really an inapt comparison. MintChip isn’t a virtual currency, it’s a virtual wallet, something which has been tried before.
legendary
Activity: 1092
Merit: 1001
April 04, 2012, 08:47:27 PM
Unfortunately, the ridiculous claim that this centralized system is any sort of 'version of Bitcoin' - probably isn't obviously ridiculous to enough people.

Quote
Canada To Launch Its Own Version Of BitCoin Called MintChip

Austin Carr
2012-04-04

http://www.fastcompany.com/1829662/canada-to-launch-its-own-version-of-bitcoin-called-mintchip?partner=gnews
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