From the Guardian Article : " A network of tech-savvy programmers – okay, call them hackers – work on secret algorithms to create and release Bitcoins at their own discretion. "
Really ? I can release bitcoins at my own discretion ? HAHAHAHAHA
Topic: the FUD campaign started - page 3. (Read 3456 times)
Not sure if it's FUD or just improper research/ignorance.
Bitcoin is difficult to understand.
Bitcoin is difficult to understand.
Every time Bitcoin goes up in price there is a new wave of FUD.
"First they ignore you, then they laugh at you, then they fight you, then you win." - Mahatma Gandh
BTW, nice quote n8rwJeTt8TrrLKPa55eU
"First they ignore you, then they laugh at you, then they fight you, then you win." - Mahatma Gandh
BTW, nice quote n8rwJeTt8TrrLKPa55eU
The people who own the press don't like a currency that is out of their control. They can't just print more bitcoin, and tax/steal (Yes Cyrpus was pure theft, not a tax) bitcoins from private citizens when it suits them.
I always laugh when I see people implying that government "regulation" is a good thing. Because of "regulation" on paypal, someone can reverse a transaction even when I have sent them the item. Because of "regulation", everyone from MI6 to the local council can spy on my financial records without a warrant. Because of "regulation", governments are able to steal money from private citizens and call it a "tax".
I always laugh when I see people implying that government "regulation" is a good thing. Because of "regulation" on paypal, someone can reverse a transaction even when I have sent them the item. Because of "regulation", everyone from MI6 to the local council can spy on my financial records without a warrant. Because of "regulation", governments are able to steal money from private citizens and call it a "tax".
Perhaps all the baby boomer talking heads and analysts who have been making fools of themselves on TV this past week, should try to remember their youth, and specifically this piece of advice:
Quote from: Bob Dylan
Come writers and critics
Who prophesize with your pen
And keep your eyes wide
The chance won't come again
And don't speak too soon
For the wheel's still in spin
And there's no tellin' who
That it's namin'.
For the loser now
Will be later to win
For the times they are a-changin'.
Come mothers and fathers
Throughout the land
And don't criticize
What you can't understand
Your sons and your daughters
Are beyond your command
Your old road is
Rapidly agin'.
Please get out of the new one
If you can't lend your hand
For the times they are a-changin'.
The line it is drawn
The curse it is cast
The slow one now
Will later be fast
As the present now
Will later be past
The order is
Rapidly fadin'.
And the first one now
Will later be last
For the times they are a-changin'.
Who prophesize with your pen
And keep your eyes wide
The chance won't come again
And don't speak too soon
For the wheel's still in spin
And there's no tellin' who
That it's namin'.
For the loser now
Will be later to win
For the times they are a-changin'.
Come mothers and fathers
Throughout the land
And don't criticize
What you can't understand
Your sons and your daughters
Are beyond your command
Your old road is
Rapidly agin'.
Please get out of the new one
If you can't lend your hand
For the times they are a-changin'.
The line it is drawn
The curse it is cast
The slow one now
Will later be fast
As the present now
Will later be past
The order is
Rapidly fadin'.
And the first one now
Will later be last
For the times they are a-changin'.
1) Ignorance
2) Selling newspapers
3) Jealousy
4) Inability to accept new things
5) Lazy, rushed "journalism"
Let's face it. Internet killed journalism anyway. Perhaps its just a revenge job.
2) Selling newspapers
3) Jealousy
4) Inability to accept new things
5) Lazy, rushed "journalism"
Let's face it. Internet killed journalism anyway. Perhaps its just a revenge job.
http://www.bbc.co.uk/news/technology-22026961
http://www.guardian.co.uk/commentisfree/2013/apr/03/bitcoin-currency-bubble-crash-not-rocking-financial-markets
This reminds me of 18+ years ago, when the public disregarded internet geeks by labelling them "hackers" or perverts of some sort anyway.
Why so much hatred? What do you think?
UPDATE: more negative press coming today
http://buzz.money.cnn.com/2013/04/05/bitcoin-bubble/?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29
http://news.discovery.com/tech/bitcoin-currency-attacked-130405.htm
http://www.bloomberg.com/news/2013-04-04/sorry-libertarians-history-shows-bitcoin-isn-t-the-future.html
the last one being the most informed article.
http://www.guardian.co.uk/commentisfree/2013/apr/03/bitcoin-currency-bubble-crash-not-rocking-financial-markets
This reminds me of 18+ years ago, when the public disregarded internet geeks by labelling them "hackers" or perverts of some sort anyway.
Why so much hatred? What do you think?
UPDATE: more negative press coming today
http://buzz.money.cnn.com/2013/04/05/bitcoin-bubble/?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29
http://news.discovery.com/tech/bitcoin-currency-attacked-130405.htm
http://www.bloomberg.com/news/2013-04-04/sorry-libertarians-history-shows-bitcoin-isn-t-the-future.html
the last one being the most informed article.
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