Topic: Mainstream media starts to attack Bitcoin - page 2. (Read 1457 times)
It's a shame but this is the usual reaction when a person sees something as new and strange.
You should have seen what they were saying last year. Even though they get it wrong often, the press bitcoin is receiving now is the most positive it has ever been. I think they just want the most titillating story. It is hard to beat "secret hacker drug money".
Would have to agree with this guy. Instead of seeing dozens of negative articles and one or two positive articles like we did the past two years, we're seeing dozens of positive articles and one or two negative articles. It's a very big change in attitude compared to the past. I would say a more accurate thread title might be "Mainstream media mostly done with attacking Bitcoin".+1
You should have seen what they were saying last year. Even though they get it wrong often, the press bitcoin is receiving now is the most positive it has ever been. I think they just want the most titillating story. It is hard to beat "secret hacker drug money".
Would have to agree with this guy. Instead of seeing dozens of negative articles and one or two positive articles like we did the past two years, we're seeing dozens of positive articles and one or two negative articles. It's a very big change in attitude compared to the past. I would say a more accurate thread title might be "Mainstream media mostly done with attacking Bitcoin". 
Someone should tell the Onion to do a similar hit-piece on the US dollar. "It constantly goes down in value, people hate when it's used to pay for legitimate purchases because it takes so long, and its main use is to buy drugs, pay hookers, gamble illegally, and do underground deals". It's all true.
You should have seen what they were saying last year. Even though they get it wrong often, the press bitcoin is receiving now is the most positive it has ever been. I think they just want the most titillating story. It is hard to beat "secret hacker drug money".
Hello World
It has come to my attention in the past month or so that the mainstream media are starting to pick up on the negative stories of bitcoin. In a recent article by the Guardian www.guardian.co.uk/business/2013/mar/04/bitcoin-currency-of-vice you only need look at the url to spot the negative labelling: "bitcoin-currency-of-vice" and the main headline "Bitcoin: more than just the currency of digital vice" but still associating it with vice. There are so many headlines they could have used: Bitcoin: Currency of the future.
The first paragraph of the article talks about Drugs, Criminals and the Silk Road without even a mention of bitcoin until the 2nd paragraph says that is how this bad stuff is all paid for. Not one part of the article specifically indicated the advantages of bitcoin either geopolitically or in regards to how it stacks up against fiat currency. Part of the article offers a slating by a professor of telecommunications at Indiana University Bloomington - who pioneered the economic study of virtual worlds <-- like that gives any gravity to his expertise on bitcoin or world currency. He states that he:
"It just isn't FUN"
Well I never knew money had to be fun to be functional. And I have to disagree, I think bitcoin or another cryptocurrency will become mainstream exactly because of it's nature. It's the best alternative to cash on the internet than anything else and that is part of it great power.
Apart from this article, I have seen many negatives articles popping up regarding bitcoin including thefts of just $8000 and the recent one regarding the glitch in the system. The fact that bitcoin regained after that glitch was a sure indicator of it's strength.
Bitcoin is the currency of the future and if done correctly with the coming together of people's recent rise in global political awareness of our enslavement to banks and dictatorial governments it is just one part of the solution (strong cryptography available to the public is another) that has the power to redress the balance between normal working people and the corrupt banks, governments and large corporations that sit in each others pockets scratching each other backs while raping us of our wealth.
The thing I like about bitcoin is that it takes the power from the banks and government and is another resource we can use to regain our privacy.
Happy mining
Phil.
It has come to my attention in the past month or so that the mainstream media are starting to pick up on the negative stories of bitcoin. In a recent article by the Guardian www.guardian.co.uk/business/2013/mar/04/bitcoin-currency-of-vice you only need look at the url to spot the negative labelling: "bitcoin-currency-of-vice" and the main headline "Bitcoin: more than just the currency of digital vice" but still associating it with vice. There are so many headlines they could have used: Bitcoin: Currency of the future.
The first paragraph of the article talks about Drugs, Criminals and the Silk Road without even a mention of bitcoin until the 2nd paragraph says that is how this bad stuff is all paid for. Not one part of the article specifically indicated the advantages of bitcoin either geopolitically or in regards to how it stacks up against fiat currency. Part of the article offers a slating by a professor of telecommunications at Indiana University Bloomington - who pioneered the economic study of virtual worlds <-- like that gives any gravity to his expertise on bitcoin or world currency. He states that he:
Quote
doubts that Bitcoins will ever become a mainstream currency, however. Castronova's scepticism stems from the way that Bitcoin is structured as a currency with a fixed size. "It just isn't very fun. We've learned from game currencies that people like a little inflation in their economies. But Bitcoin is built to deflate. And we've just seen, culturally, people don't like deflation."
"It just isn't FUN"
Well I never knew money had to be fun to be functional. And I have to disagree, I think bitcoin or another cryptocurrency will become mainstream exactly because of it's nature. It's the best alternative to cash on the internet than anything else and that is part of it great power.
Apart from this article, I have seen many negatives articles popping up regarding bitcoin including thefts of just $8000 and the recent one regarding the glitch in the system. The fact that bitcoin regained after that glitch was a sure indicator of it's strength.
Bitcoin is the currency of the future and if done correctly with the coming together of people's recent rise in global political awareness of our enslavement to banks and dictatorial governments it is just one part of the solution (strong cryptography available to the public is another) that has the power to redress the balance between normal working people and the corrupt banks, governments and large corporations that sit in each others pockets scratching each other backs while raping us of our wealth.
The thing I like about bitcoin is that it takes the power from the banks and government and is another resource we can use to regain our privacy.
Happy mining
Phil.
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