I like how they call Bitcoin a fiat currency
Topic: Bitcoin press hits, notable sources - page 66. (Read 430946 times)
I like how they call Bitcoin a fiat currency
FOFOA comes to his conclusions in:
http://fofoa.blogspot.com/2011/06/bitcoin-open-forum-part-3.html
I like FOFOA a lot and I think his input is worth consideration. He doesn't seem to be against bitcoin so much as he thinks the world prefers easy money over hard. I don't think that's entirely untrue.
I like FOFOA too. I also get that borrower/spenders like easy money. But they'd probably like to pay with farts too. All that matters is what productive people will accept. They've been accepting a pretty crappy version of money, maybe they'll wise up, I don't know.
FOFOA is an interesting commentator .... i read his take on silver vs gold and then read the people that ripped it apart. His patter lends the credence of being knowledgeable in some areas which hides the real lack of strength in his arguments .... Yes bitcoin is winning when FOFOA takes time to wax lyrical on it's short comings.. just like physical silver is winning...
Proof positive we're solidly into stage three of Gandhi's famous dictum:
http://tech.fortune.cnn.com/2011/06/17/the-clock-is-ticking-on-bitcoin/
http://tech.fortune.cnn.com/2011/06/17/the-clock-is-ticking-on-bitcoin/
FOFOA comes to his conclusions in:
http://fofoa.blogspot.com/2011/06/bitcoin-open-forum-part-3.html
I like FOFOA a lot and I think his input is worth consideration. He doesn't seem to be against bitcoin so much as he thinks the world prefers easy money over hard. I don't think that's entirely untrue.
http://www.dailytech.com/LulzSec+Downs+CIAs+Public+Site+Appears+to+be+Subject+of+Framing+Attempt/article21916.htm
(reposted at http://oo.thebanzaieffect.com/2011/06/lulzsec-downs-cias-public-site-appears-to-be-subject-of-framing-attempt/)
Apparently ex-HBGary CEO Aaron Barr is trying to smear Bitcoin by tweeting the fake pastebin LulzSec PR (with altered Bitcoin address). So he's piggybacking on to the 25k BTC heist, or possibly the whole thing is a false flag operation against Bitcoin, including the theft itself. None of this can be proven of course, the fact that not all 25k actually went to LulzSec could be discounting this, but then again I'm sure HBGary & friends don't want to fund LulzSec and thought a little faking could get them just as far (maybe expecting it to be misreported in mainstream media..).
(reposted at http://oo.thebanzaieffect.com/2011/06/lulzsec-downs-cias-public-site-appears-to-be-subject-of-framing-attempt/)
Apparently ex-HBGary CEO Aaron Barr is trying to smear Bitcoin by tweeting the fake pastebin LulzSec PR (with altered Bitcoin address). So he's piggybacking on to the 25k BTC heist, or possibly the whole thing is a false flag operation against Bitcoin, including the theft itself. None of this can be proven of course, the fact that not all 25k actually went to LulzSec could be discounting this, but then again I'm sure HBGary & friends don't want to fund LulzSec and thought a little faking could get them just as far (maybe expecting it to be misreported in mainstream media..).
Looks like Bitcoin will likely be the only real value conserving investment left:
http://www.zerohedge.com/article/trading-over-counter-gold-and-silver-be-illegal-beginning-july-15
http://www.zerohedge.com/article/trading-over-counter-gold-and-silver-be-illegal-beginning-july-15
I did some research into the claims made by that article. If you read the actual text of the act, it only outlaws the trading of commodities on margin by unlicensed brokers. That's a far cry from the headline's claim. This won't affect most of us, it seems, and it certainly won't affect the gold and silver bugs with their vaults full of precious metals.
It does basically prohibit trading for the average Joe. You need to take an exam and have a net worth of over $1 million (excluding primary residence) or make $200k a year. Someone very astutely commented:
"the modern control matrix of prohibiting something is to leave it technically legal, thereby diffusing anti-tyranny opposition, but bury the actual activity in so many regulations, fees, and licenses, as to make it virtually impossible for a person of average means, knowledge, motivation, and connections, to conduct it with any level of enjoyment, profit margin, or benefits."
Why can't they do that with hard drugs then, instead of arresting hundreds of thousands of mostly harmless people and screwing up Mexico, Colombia and Afghanistan.
Undercut the Barons, Legalize (and Bureaucratize) All Drugs Today!
threadjack over.
Looks like Bitcoin will likely be the only real value conserving investment left:
http://www.zerohedge.com/article/trading-over-counter-gold-and-silver-be-illegal-beginning-july-15
http://www.zerohedge.com/article/trading-over-counter-gold-and-silver-be-illegal-beginning-july-15
I did some research into the claims made by that article. If you read the actual text of the act, it only outlaws the trading of commodities on margin by unlicensed brokers. That's a far cry from the headline's claim. This won't affect most of us, it seems, and it certainly won't affect the gold and silver bugs with their vaults full of precious metals.
It does basically prohibit trading for the average Joe. You need to take an exam and have a net worth of over $1 million (excluding primary residence) or make $200k a year. Someone very astutely commented:
"the modern control matrix of prohibiting something is to leave it technically legal, thereby diffusing anti-tyranny opposition, but bury the actual activity in so many regulations, fees, and licenses, as to make it virtually impossible for a person of average means, knowledge, motivation, and connections, to conduct it with any level of enjoyment, profit margin, or benefits."
I just ran across this. I didnt see it in the last two pages so Im posting it.
Is The World Crazy For Bitcoin, Or Has The Bitcoin World Gone Crazy?
http://techcrunch.com/2011/06/18/bitcoin-crazy/
Is The World Crazy For Bitcoin, Or Has The Bitcoin World Gone Crazy?
http://techcrunch.com/2011/06/18/bitcoin-crazy/
http://www.washingtonpost.com/business/technology/is-the-world-crazy-for-bitcoin-or-has-the-bitcoin-world-gone-crazy/2011/06/18/AGaX3NaH_story.html
Summary: Something like bitcoin is a great idea and will probably succeed in the future, but bitcoin (the current iteration) will fail because I found out about it too late to have invested a tiny amount of money for an enormous return (and I'm sour about that); but now that I know about the idea of bitcoin I will be sure to be on the look-out for the next bitcoin, and I will adopt that version early, and, therefore, it will succeed.
Summary: Something like bitcoin is a great idea and will probably succeed in the future, but bitcoin (the current iteration) will fail because I found out about it too late to have invested a tiny amount of money for an enormous return (and I'm sour about that); but now that I know about the idea of bitcoin I will be sure to be on the look-out for the next bitcoin, and I will adopt that version early, and, therefore, it will succeed.
Looks like Bitcoin will likely be the only real value conserving investment left:
http://www.zerohedge.com/article/trading-over-counter-gold-and-silver-be-illegal-beginning-july-15
http://www.zerohedge.com/article/trading-over-counter-gold-and-silver-be-illegal-beginning-july-15
I did some research into the claims made by that article. If you read the actual text of the act, it only outlaws the trading of commodities on margin by unlicensed brokers. That's a far cry from the headline's claim. This won't affect most of us, it seems, and it certainly won't affect the gold and silver bugs with their vaults full of precious metals.
Looks like Bitcoin will likely be the only real value conserving investment left:
http://www.zerohedge.com/article/trading-over-counter-gold-and-silver-be-illegal-beginning-july-15
http://www.zerohedge.com/article/trading-over-counter-gold-and-silver-be-illegal-beginning-july-15
Yeah I've already received tweets about that and forex.com enforcing it in the recent future. The gov is getting creative now giving relief to the bankers yet another way from the pockets of the common citizens. Boy am I glad that Bitcoin exists to give everyone another way out as long as we can work together.
Looks like Bitcoin will likely be the only real value conserving investment left:
http://www.zerohedge.com/article/trading-over-counter-gold-and-silver-be-illegal-beginning-july-15
http://www.zerohedge.com/article/trading-over-counter-gold-and-silver-be-illegal-beginning-july-15
this is quite big: German TV, most popular news programme, night edition:
http://www.tagesschau.de/wirtschaft/bitcoins100.html
quite balanced report, gladly: nothing about mining, nothing about drugs.
http://www.tagesschau.de/wirtschaft/bitcoins100.html
quite balanced report, gladly: nothing about mining, nothing about drugs.
Another Slashdot mention:
http://it.slashdot.org/story/11/06/17/141228/Trojan-Goes-After-Bitcoins
Linked from there, Symantec on whether it's worth for botnets to CPU mine (they say no but the numbers say yes, at current difficulty certainly):
http://www.symantec.com/connect/blogs/bitcoin-botnet-mining
http://www.net-security.org/malware_news.php?id=1752 (also about the trojan)
http://www.symantec.com/connect/blogs/all-your-bitcoins-are-ours (seen this in other topic too)
http://it.slashdot.org/story/11/06/17/141228/Trojan-Goes-After-Bitcoins
Linked from there, Symantec on whether it's worth for botnets to CPU mine (they say no but the numbers say yes, at current difficulty certainly):
http://www.symantec.com/connect/blogs/bitcoin-botnet-mining
http://www.net-security.org/malware_news.php?id=1752 (also about the trojan)
http://www.symantec.com/connect/blogs/all-your-bitcoins-are-ours (seen this in other topic too)
Bitcoins: Currency of the Geeks
http://www.businessweek.com/magazine/content/11_26/b4234041554873.htm
http://www.businessweek.com/magazine/content/11_26/b4234041554873.htm
Annie Lowrey of Slate and Katherine Mangu-Ward of Reason discuss Bitcoin on bloggingheads.tv
http://bloggingheads.tv/diavlogs/36821?in=18:11&out=29:47
http://bloggingheads.tv/diavlogs/36821?in=18:11&out=29:47
Fortune online:
http://tech.fortune.cnn.com/2011/06/17/the-clock-is-ticking-on-bitcoin/
Dwolla is the most popular client?
When one views the level of accuracy in these articles it demonstrates how you really can't trust the media to give you right reporting on anything.
http://tech.fortune.cnn.com/2011/06/17/the-clock-is-ticking-on-bitcoin/
Dwolla is the most popular client?
When one views the level of accuracy in these articles it demonstrates how you really can't trust the media to give you right reporting on anything.
It would be fun to see if certain media outlets received marching orders from their bosses or if internal emails are available to shed light on a consistent theme among the latest spat of fluff reporting. Are they seeing Bitcoin as such an insignificant item or is this concerted with no attempt to backup inconsistent facts that these articles are relaying? Let's look back on previous articles by all the reporting for continuity and factual basis on previous subject matter. Only about 108 articles this past week... anybody got a lifetime to lend? HAHAHA.
Bahbra is gonna be rich someday.
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