No way, really??!
....The best advice that they can give is this. If you want to use bitcoins you gotta become a unix geek. Sorry grandma but bitcoin is just not ready for you yet.
Topic: Bitcoin press hits, notable sources - page 60. (Read 430946 times)
"nothing but an encrypted file on your computer"
No way, really??!....
The best advice that they can give is this. If you want to use bitcoins you gotta become a unix geek. Sorry grandma but bitcoin is just not ready for you yet.
No way, really??!
....The best advice that they can give is this. If you want to use bitcoins you gotta become a unix geek. Sorry grandma but bitcoin is just not ready for you yet.
OMG, I don't belive it. That was a suprizingly balanced non-hypey straight-forward, relatively-factual article. It's nice for a change!!
Quote
One last caveat: Bitcoins are stored in a "wallet," which is nothing but an encrypted file on your computer. There is no central bank, and losing this file means you've lost all of your Bitcoins. So if you do use Bitcoin for anything serious, be sure to constantly back up this file to protect. Encryption might not go amiss either, as the Allinvain heist suggests. Digital wallets are vulnerable to hacks, and Symantec recently reported a Bitcoin-stealing Trojan.
Wow.... surprisingly wise and simple advise. I think people actually will be smarter off after reading this article.
BitCoin – How I Missed The Trade Of The Year
http://www.citizeneconomists.com/blogs/2011/06/24/bitcoin-%E2%80%93-how-i-missed-the-trade-of-the-year/
http://www.citizeneconomists.com/blogs/2011/06/24/bitcoin-%E2%80%93-how-i-missed-the-trade-of-the-year/
In a UK Newsnight piece on Lulzsec about 1 minute ago, the BBC stated that hackers trade in Bitcoins!
In response to Doug Casey: http://www.dollarvigilante.com/blog/2011/6/23/a-wild-few-weeks-for-bitcoin.html
http://nodo9.com/2011/06/23/ni-pesos-ni-dlares-menos-euros-mejor-bitcoins/
Spanish blog. Not really commenting, just informing.
Spanish blog. Not really commenting, just informing.
http://twit.tv/sn306
Security Now covers the week of bitcoin woes. The worst thing he did was tell everyone that wallet encryption is a feature that's already implemented in the client.
Security Now covers the week of bitcoin woes. The worst thing he did was tell everyone that wallet encryption is a feature that's already implemented in the client.
Maybe he is on the cutting edge of it, because this is really close to release.
http://twit.tv/sn306
Security Now covers the week of bitcoin woes. The worst thing he did was tell everyone that wallet encryption is a feature that's already implemented in the client.
Security Now covers the week of bitcoin woes. The worst thing he did was tell everyone that wallet encryption is a feature that's already implemented in the client.
This is the most annoying criticism of all. The world has changed and is changing. We have reached or are approaching a time when digital things can replace physical things. That's just the way it's going. Stop fighting it.
Remember wikipedia? The world finally accept wikipedia is here to stay after a decade. Now everyone is "meh". Someday, bitcoin is be "meh" too.
+1
I don't think that you young people can quite understand just how revolutionary Wikipedia was and still is. I remember growing up in the Dark Ages, prior to the Great Internet Event (tm). My father paid a small fortune for an incomplete encyclopedia, and I read all 23 volumes that we had in a single Summer. Now days, an 11 year old can call 'bs' on an adult full of it in two minutes with a cell phone. My grandfather would just make stuff up to screw with us kids. We never could know if he was feeding us a line or not because his lies were so plausible to an eight year old. I can't do that to a six year old without one running to the computer to check googlw or wikipedia.
Meh is the stage at which we have won. Once the masses start using bitcoin *without being aware that they are using bitcoin*, then that will be the Meh stage of social acceptance.
This is the most annoying criticism of all. The world has changed and is changing. We have reached or are approaching a time when digital things can replace physical things. That's just the way it's going. Stop fighting it.
Remember wikipedia? The world finally accept wikipedia is here to stay after a decade. Now everyone is "meh". Someday, bitcoin is be "meh" too.
+1
I don't think that you young people can quite understand just how revolutionary Wikipedia was and still is. I remember growing up in the Dark Ages, prior to the Great Internet Event (tm). My father paid a small fortune for an incomplete encyclopedia, and I read all 23 volumes that we had in a single Summer. Now days, an 11 year old can call 'bs' on an adult full of it in two minutes with a cell phone. My grandfather would just make stuff up to screw with us kids. We never could know if he was feeding us a line or not because his lies were so plausible to an eight year old. I can't do that to a six year old without one running to the computer to check googlw or wikipedia.
Interview with Ben Milne, founder and CEO of Dwolla, on the topic of Bitcoins:
http://www.siliconprairienews.com/2011/06/bitcoin-what-is-it-and-how-is-dwolla-involved-in-its-marketplace
http://www.siliconprairienews.com/2011/06/bitcoin-what-is-it-and-how-is-dwolla-involved-in-its-marketplace
This is the most annoying criticism of all. The world has changed and is changing. We have reached or are approaching a time when digital things can replace physical things. That's just the way it's going. Stop fighting it.
Remember wikipedia? The world finally accept wikipedia is here to stay after a decade. Now everyone is "meh". Someday, bitcoin is be "meh" too.
Quote
Not an entirely negative piece but he tips his hand here:
Quote
So, way before the dollar value of Bitcoins stepped off a cliff last weekend, I was telling people who asked me that I didn’t use them and didn’t plan to use them.
Frankly, I can’t see why anyone would, when there’s already an electronic digital currency like Bitcoin but backed with gold: GoldMoney. I should disclose that I’m a small investor in the company. But I have to say that I really do like GoldMoney. It does everything Bitcoin does – or did – but is backed by something of real value: gold. That means it’s not just an abstraction, but an actual store of wealth. The ultimate proof of that is that you can take delivery of your gold if you want to. With Bitcoin, there’s nothing to take delivery of. I don’t understand why anyone would use Bitcoin when they can use GoldMoney, which does all the same things but has real backing.
Frankly, I can’t see why anyone would, when there’s already an electronic digital currency like Bitcoin but backed with gold: GoldMoney. I should disclose that I’m a small investor in the company. But I have to say that I really do like GoldMoney. It does everything Bitcoin does – or did – but is backed by something of real value: gold. That means it’s not just an abstraction, but an actual store of wealth. The ultimate proof of that is that you can take delivery of your gold if you want to. With Bitcoin, there’s nothing to take delivery of. I don’t understand why anyone would use Bitcoin when they can use GoldMoney, which does all the same things but has real backing.
Um . . . nothing against goldmoney but I can think of plenty of reasons to used Bitcoin instead, namely fees and decentralization. Old school goldbugs seem to be really hung up on Bitcoin needing a physical "backing". Like the Schiff interview though this article will reach lots of smart people who will see through the BS and find the value here.
This is the most annoying criticism of all. The world has changed and is changing. We have reached or are approaching a time when digital things can replace physical things. That's just the way it's going. Stop fighting it.
Quote
Not an entirely negative piece but he tips his hand here:
Quote
So, way before the dollar value of Bitcoins stepped off a cliff last weekend, I was telling people who asked me that I didn’t use them and didn’t plan to use them.
Frankly, I can’t see why anyone would, when there’s already an electronic digital currency like Bitcoin but backed with gold: GoldMoney. I should disclose that I’m a small investor in the company. But I have to say that I really do like GoldMoney. It does everything Bitcoin does – or did – but is backed by something of real value: gold. That means it’s not just an abstraction, but an actual store of wealth. The ultimate proof of that is that you can take delivery of your gold if you want to. With Bitcoin, there’s nothing to take delivery of. I don’t understand why anyone would use Bitcoin when they can use GoldMoney, which does all the same things but has real backing.
Frankly, I can’t see why anyone would, when there’s already an electronic digital currency like Bitcoin but backed with gold: GoldMoney. I should disclose that I’m a small investor in the company. But I have to say that I really do like GoldMoney. It does everything Bitcoin does – or did – but is backed by something of real value: gold. That means it’s not just an abstraction, but an actual store of wealth. The ultimate proof of that is that you can take delivery of your gold if you want to. With Bitcoin, there’s nothing to take delivery of. I don’t understand why anyone would use Bitcoin when they can use GoldMoney, which does all the same things but has real backing.
Um . . . nothing against goldmoney but I can think of plenty of reasons to used Bitcoin instead, namely fees and decentralization. Old school goldbugs seem to be really hung up on Bitcoin needing a physical "backing". Like the Schiff interview though this article will reach lots of smart people who will see through the BS and find the value here.
The Mt.gox event was just on the dutch radio.
Some times I think Mt.gox did this intentionally to get tons of publicity.
There getting what they want if this is true.
damn..
Some times I think Mt.gox did this intentionally to get tons of publicity.
There getting what they want if this is true.
damn..
Lol, I highly highly doubt it, but it does coincide with their new software rollout...
The Mt.gox event was just on the dutch radio.
Some times I think Mt.gox did this intentionally to get tons of publicity.
There getting what they want if this is true.
damn..
Some times I think Mt.gox did this intentionally to get tons of publicity.
There getting what they want if this is true.
damn..
Needs some sex. I give it 4 days.
it's only a matter of time until there is a bitcoin prostitution story all over cable news.
First they ignore us then they have sex with us then we win.
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