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Topic: Bitcoin press hits, notable sources - page 56. (Read 430922 times)

sr. member
Activity: 294
Merit: 252
July 01, 2011, 04:57:32 AM

On a recent PlanetMoney podcast, they hinted at an upcoming Bitcoin episode.
newbie
Activity: 56
Merit: 0
legendary
Activity: 1708
Merit: 1010
June 30, 2011, 08:00:52 PM
Germany controls the Euro. 


No, it doesn't.  Germans are the taxpayer of last resort, however.

Quote

 If Bitcoin is not violently throttled, it has the capacity to destroy the Euro.


That's not much of a unique claim on the part of Bitcoin.  Even the Euro has the capacity to destroy the Euro.  From my own perspectives, the breakup of the European Economic Union (and thus the Euro as such) was already baked into the cards before Greece was a member of the EEU.  It's inherently unstable, much more so than even the normal fiat currency system would be.  Disparities between nations and their working cultures make political events as we have been witnessing of late a certainty eventually.

Quote

This, coupled with German's natural love of authority, means that mainstream German society will resist Bitcoin along with Australians etc.

Ah, I see.  This was a joke!
full member
Activity: 407
Merit: 100
DIA | Data infrastructure for DeFi
June 30, 2011, 07:45:34 PM
Germany controls the Euro.  If Bitcoin is not violently throttled, it has the capacity to destroy the Euro.
This, coupled with German's natural love of authority, means that mainstream German society will resist Bitcoin along with Australians etc.
sr. member
Activity: 350
Merit: 250
June 30, 2011, 07:31:35 PM
nvm already listed above
jr. member
Activity: 56
Merit: 1
June 30, 2011, 06:27:09 PM
Very interesting for those who speak German:

http://www.zeit.de/2011/27/Internet-Bitcoins

Quote from: zeit
Das System hinter Bitcoins wird seit 2007 von einer Hackergruppe entwickelt, die heute vom US-Bundesstaat Massachusetts aus operiert.

Quote from: translated_to_english
The system behind Bitcoins is being developed since 2007 by a group of hackers, which operates from Massachusetts nowadays.

What?


I only skimmed it but it's the worst kind of hit piece. They do everything to make it look and sound bad. They even invent stuff like 'cyber maffiosi made a lot of money off the flash crash'. Conclusion is: it is made by hackers, it is only used for illegal stuff and will be made illegal soon. Hackers being used in the classic media sense of evil masterminds out to destroy everything, of course.
hero member
Activity: 714
Merit: 500
June 30, 2011, 05:12:36 PM
Additional Twitter campaign: Tweet some of the things you've bought with bitcoins and add the #bought-with-bitcoin #BoughtWithBitcoin hashtag.
sr. member
Activity: 398
Merit: 250
June 30, 2011, 05:06:20 PM
Another little mention on Bitcoins at Keiser Report: The Counterattack! (E160)
member
Activity: 112
Merit: 10
June 30, 2011, 05:05:41 PM
How about a message TO the media?

Please retweet if you've bought something tangible with #bitcoin besides illegal drugs or alpaca socks. ATTN: MEDIA

Your help with spreading that on Twitter would be real nice.
donator
Activity: 392
Merit: 252
hero member
Activity: 714
Merit: 500
June 30, 2011, 02:42:34 PM
Gizmodo Australia discovers Meze Grill accepts Bitcoin:
http://www.gizmodo.com.au/2011/06/you-can-now-use-bitcoins-in-the-real-world/
sr. member
Activity: 323
Merit: 250
June 30, 2011, 02:16:23 PM
Very interesting for those who speak German:

http://www.zeit.de/2011/27/Internet-Bitcoins

Quote from: zeit
Das System hinter Bitcoins wird seit 2007 von einer Hackergruppe entwickelt, die heute vom US-Bundesstaat Massachusetts aus operiert.

Quote from: translated_to_english
The system behind Bitcoins is being developed since 2007 by a group of hackers, which operates from Massachusetts nowadays.

What?


Gavin is in Massachusetts.
donator
Activity: 2772
Merit: 1019
June 30, 2011, 02:11:09 PM
Very interesting for those who speak German:

http://www.zeit.de/2011/27/Internet-Bitcoins

Quote from: zeit
Das System hinter Bitcoins wird seit 2007 von einer Hackergruppe entwickelt, die heute vom US-Bundesstaat Massachusetts aus operiert.

Quote from: translated_to_english
The system behind Bitcoins is being developed since 2007 by a group of hackers, which operates from Massachusetts nowadays.

What?
legendary
Activity: 1106
Merit: 1004
June 30, 2011, 11:29:54 AM
How dare this blogger question the claim made by von Muses that money must arise out of an already existing commodity!?

I don't view the regression theory of von Mises as a claim that money must arise from a commodity. That, IMHO, is a bad interpretation.
I view such theory as an explanation of how money economies started from previous barter economies.

Bitcoin does nothing to invalidate such explanation, nor such theory implies that bitcoin could not exist/work.

The link between the bitcoin money economy and previous barter economies was made the day some people decided to exchange bitcoins for dollars. There's a topic on this forum about it.
newbie
Activity: 44
Merit: 0
June 30, 2011, 11:28:13 AM
Very interesting for those who speak German:

http://www.zeit.de/2011/27/Internet-Bitcoins
full member
Activity: 124
Merit: 100
June 30, 2011, 11:05:59 AM
Some good press on the LRC blog the other day.  He does a good job of refuting some common misconceptions of why Bitcoins aren't money.

Part 1:

http://www.lewrockwell.com/blog/lewrw/archives/90453.html

Part 2:
http://www.lewrockwell.com/blog/lewrw/archives/90456.html

I was just about to post this.  Looks like the tides are turning over at LRC.  I guess it takes some time to figure it out.  

How dare this blogger question the claim made by von Muses that money must arise out of an already existing commodity!?

I agree the tides are turning -- we need a Bitcoin PR person to do a podcast with Lew.  The idea of money having to arise out of a commodity is far more tenuous than the idea that money is anything the market wants it to be.  Clearly there are a growing number of people who believe Bitcoins are money and will continue to use it as such.

Edit: On a side note anyone know anyone over at www.zerohedge.com?  A good post by Tyler Durden would go a long way and seems like a natural fit . . .
sr. member
Activity: 434
Merit: 252
youtube.com/ericfontainejazz now accepts bitcoin
June 30, 2011, 10:23:45 AM
Some good press on the LRC blog the other day.  He does a good job of refuting some common misconceptions of why Bitcoins aren't money.

Part 1:

http://www.lewrockwell.com/blog/lewrw/archives/90453.html

Part 2:
http://www.lewrockwell.com/blog/lewrw/archives/90456.html

I was just about to post this.  Looks like the tides are turning over at LRC.  I guess it takes some time to figure it out. 

How dare this blogger question the claim made by von Muses that money must arise out of an already existing commodity!?
full member
Activity: 124
Merit: 100
June 30, 2011, 10:15:46 AM
Some good press on the LRC blog the other day.  He does a good job of refuting some common misconceptions of why Bitcoins aren't money.

Part 1:

http://www.lewrockwell.com/blog/lewrw/archives/90453.html

Part 2:
http://www.lewrockwell.com/blog/lewrw/archives/90456.html
sr. member
Activity: 434
Merit: 252
youtube.com/ericfontainejazz now accepts bitcoin
June 30, 2011, 12:47:45 AM

This and other articles on bitcoin remind me of some journalism rule of thumb that I can't quite remember. It's something like this: If someone can respond to the headline with a one-sentence answer and be 90% correct, it's either not newsworthy, you work for a tabloid, or you should be fired.
Cheesy
Good point.  Ill have to remember that rule of thumb!
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