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Topic: On the cover page of The Economist (Read 3717 times)

member
Activity: 96
Merit: 10
November 19, 2015, 05:40:59 PM
#69
Forgot to post this here when I wrote it. Some old fogies like me might remember the tune that goes with it -- "Cover of The Rolling Stone":

We buy all kinds of pills that give us all kind of thrills
But the thrill we've always missed
Is the thrill that'll getcha when you get your picture
On the cover of The Economist

(Economist...) Wanna see my picture on the cover
(Mist...) Usin Bitcoin to buy five copies for my mother...(Yes)
(Mist...) Wanna see my virtual' face
On the cover of the Economist...(That's a very very good idea)!

-C
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
November 07, 2015, 12:47:51 AM
#68
How much do you think the recent bitcoin pump can be attributed to this article?  It seems like there's is a correlation between the two events....but, we do have devcon coming up and the recent Silk Road BTC auction...so....what do you think?

Perhaps a bit, a lot of interested people seemed to have bought out all the editions near my place and I checked more than a handful of bookstores mumble, that or it may be late shipping this weeks edition since the stock I saw was for Oct 23 to Oct 30 still.
legendary
Activity: 1176
Merit: 1017
November 06, 2015, 08:14:00 PM
#67
How much do you think the recent bitcoin pump can be attributed to this article?  It seems like there's is a correlation between the two events....but, we do have devcon coming up and the recent Silk Road BTC auction...so....what do you think?
legendary
Activity: 3052
Merit: 1047
Your country may be your worst enemy
November 04, 2015, 07:16:06 PM
#66
Do any retailers sell this here in the us?

Yes, I'm sure I've seen it already. But hurry, it's a weekly published every Friday.

Back to the subject, I have no doubt this cover page was a cause for the actual surge. I guess we should all have bought some BTC on Friday morning. I certainly regret I didn't.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
November 04, 2015, 03:44:42 AM
#65
Thanks for reminding me to go get a copy
I made a thread for it in Economics but it also picked up traction here in bitcoin discussion, i'm sure a decent amount of interest was generated by this magazine Smiley

Do any retailers sell this here in the us?

I believe so it should be in the local stores as it's a English based finance magazine.
Try Target
full member
Activity: 125
Merit: 100
November 04, 2015, 12:25:36 AM
#64
Do any retailers sell this here in the us?
legendary
Activity: 2912
Merit: 1852
November 04, 2015, 12:19:17 AM
#63
...

If Bitcoin continues its upward rampage, it is going to get on a lot more covers than The Economist.  Zero Hedge and even Bloomberg have done a reasonably good job of covering BTC the past few days.

I did not see anything, though, on the MSM sites like CNBC, CNN or MarketWatch.

But, if the price roars ahead (to $600 say?), it WILL get noticed and published.  "Easy Money" is easy to publicize, and Americans love reading about how to get easy money...



EDIT: Ah, nope I was wrong.  CNBC now has an article, discussed at this thread>

https://bitcointalksearch.org/topic/cnbc-article-bitcoin-spikes-70-in-a-month-nobody-knows-why-1236938
newbie
Activity: 28
Merit: 0
November 03, 2015, 04:34:29 PM
#62
There comes a time when it all ends up with this: You have to take a decision on where you are at, and you can only have 2 options
1) You get on Bitcoin now and acknowledge his potential then reap the benefits later
2) You keep being a skeptic/hater and become a laughin stock later, just like the "the world doesn't need computers" guys.

I remember the head of IBM said the world only needs 10(?) computers.

We need bitcoin and other crypto currencies to succeed to enrich our lives and liberate us from perpetual fiat inflation.
full member
Activity: 140
Merit: 100
November 02, 2015, 03:59:47 PM
#61
Already read it!
legendary
Activity: 1358
Merit: 1014
November 02, 2015, 02:29:12 PM
#60
There comes a time when it all ends up with this: You have to take a decision on where you are at, and you can only have 2 options
1) You get on Bitcoin now and acknowledge his potential then reap the benefits later
2) You keep being a skeptic/hater and become a laughin stock later, just like the "the world doesn't need computers" guys.
newbie
Activity: 26
Merit: 0
November 02, 2015, 02:13:47 PM
#59
Its a great magazine, and very well respected.
Interesting owners though....
newbie
Activity: 28
Merit: 0
November 02, 2015, 02:00:31 PM
#58
Seems like BLOCKCHAIN is becoming the hit word. People don't like what bitcoin is associated with...so, bitcoin is now blockchain! This is now blockchaintalk.org

Blcokcahin is really a revolutionary technology. It can help organizations to simplify their ledger system and can cut cost.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
November 02, 2015, 02:36:06 AM
#57
Seems like BLOCKCHAIN is becoming the hit word. People don't like what bitcoin is associated with...so, bitcoin is now blockchain! This is now blockchaintalk.org

Everything Bitcoin related brings more light to Bitcoin. Blockchain may be more interesting for banks and similar institutions but what we need re ordinary people. What s average Joe going to do with blockchain. Nah, he needs Bitcoin.
sr. member
Activity: 266
Merit: 250
November 02, 2015, 02:28:35 AM
#56
Seems like BLOCKCHAIN is becoming the hit word. People don't like what bitcoin is associated with...so, bitcoin is now blockchain! This is now blockchaintalk.org

I think you're missing the point. It's not that people don't like what Bitcoin is associated with, it's that Corporations can't use Bitcoin to improve their business. They CAN, however, use the blockchain technology to improve their business, to improve their profits. That's all it's about.
sr. member
Activity: 266
Merit: 250
November 02, 2015, 02:27:24 AM
#55
WOW, I must pick up a copy of this, very big milestone!

Yeah im sure this has been commented before today. Huge news, even tho they insist on the "blockchain technology" discourse if you read the actual article. Cool looking cover, but the article commits the same mistake of all the other guys on mainstream media did. I guess it's how they cope with the fact Bitcoin is about to disrupt the entire industry, so they want to stick with the blockchain tech thing.

Why are they making a mistake by talking about the blockchain technology? That IS in fact what makes bitcoin different from all other currency, it's what gives bitcoin its unique appeal. And the application of blockchain tech is not limited to currency, it could be used for so many things. It could make corporations more honest, to say the least!
member
Activity: 61
Merit: 10
November 02, 2015, 02:15:30 AM
#54
It's a really nice cover.
legendary
Activity: 1176
Merit: 1017
November 01, 2015, 07:16:48 PM
#53
The "blockchain" is the genius of Bitcoin (not the currency).

Interestingly enough Satoshi basically invented nothing (even the blockchain concept had been documented before Bitcoin).

What he (or they) did was simply put together a bunch of ideas into a practical and working piece of P2P software.


Exactly, the one virtue that Bitcoin does have, however, is its community support....the lunatic fringe who inspired the early adopters who now move the chain and confirm the ledger.  The blockchain works the magic but the community waves the wand.  Bitcoin is the community that stands behind it; the community is what makes exchanging bitcoin unique.

Having said that, the blockchain technology that many economist are getting excited about is the key that makes this whole concept work.  Magazines such as the "Economist," are in the process of building another community around a blockchain technology that will change the way people interact economically....it may not be the community we call "Bitcoin," but it will be a very valuable resource none the less.

Magazines such as The Economist have spent the past 4 years of Bitcoin's existence trying their best to ignore one of the most extraordinary technological achievements of all time, and in the arena of finance no less. To spend any portion of their capitulation attempting to denigrate what Bitcoin genuinely represents is simply a tacit admission of fault on their part. The vast proportion of their coverage has been spent interviewing Mike Hearn; now persona non grata amongst professionals, and strangely also the one developer who sought to change Bitcoin into a system that more closely resembles central banking in comparison to what Satoshi originally proposed.

So any attempt to portray The Economist as somehow the leaders of a cryptographic vanguard is misleading at best. Before Bitcoin, The Economist's name was to some extent synonymous with being well informed about technology and finance (amongst other qualities). Since Bitcoin, no longer. Their bias on monetary issues is naked.

Granted...However.....

The aspect that's great about articles like the one in the "Economist" is that the community has provided so much support for the project that the technology can no longer be ignored by the main stream media.
hero member
Activity: 493
Merit: 500
November 01, 2015, 06:23:24 PM
#52
Seems like BLOCKCHAIN is becoming the hit word. People don't like what bitcoin is associated with...so, bitcoin is now blockchain! This is now blockchaintalk.org
legendary
Activity: 2912
Merit: 1852
November 01, 2015, 06:15:22 PM
#51
...

2112

Eye bleach, please!  I don't know which would be worse: Hillary on the cover, Janet Yellen, or those two camels.

It would be interesting to learn if The Economist sells more magazines than usual this week (because of the striking cover).  The more movers & shakers who read about BTC and the blockchain, the better.
legendary
Activity: 2128
Merit: 1068
November 01, 2015, 05:06:25 PM
#50
Wow guys, this is a huge freaking news! You have to earn a right to be in this magazine, let alone to be on the cover page! This will introduce Bitcoin to the higher class, more eminent people that are reading the Economist!

I can only say that Bitcoin is in a fifth gear when it comes to promotion, adoption and acknowledgement by the masses!
Ha, ha! The shrillest shills are the funniest.

Backstory to that cover is also on imgur: http://imgur.com/gallery/wV0UU
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