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Bitcoin => Bitcoin Discussion => Topic started by: bitcoinconnection on June 07, 2011, 10:06:44 PM



Title: Bitcoin: the future of money The inception of a new online currency and its conn
Post by: bitcoinconnection on June 07, 2011, 10:06:44 PM
Bitcoin: the future of money
The inception of a new online currency and its connection to illegal online activity is the subject of this weeks Real Time Conversation segment.
See full story at http://www.cbsnews.com/8301-504943_162-20069780-10391715.html (http://www.cbsnews.com/8301-504943_162-20069780-10391715.html)
More news at http://www.bitcoinconnection.com
kt


Title: Re: Bitcoin: the future of money The inception of a new online currency and its conn
Post by: Garrett Burgwardt on June 07, 2011, 10:22:45 PM
That is a terrible article.

Quote
The company has a public online ledger of where their currency is going and to whom so that Bitcoins can't be counterfeited. While the ledger is public, what is actually bought by BitCoin users is anyones guess as the ledger is coded and only shows how much money was spent.

lolololol


Title: Re: Bitcoin: the future of money The inception of a new online currency and its conn
Post by: MoonShadow on June 07, 2011, 10:26:44 PM
"Garzik says that they have cooperated with authorities in conjunction with Silk Road and are currently working to distance themselves from the illegal site. Similarly the site is working to make their service entirely legal and in conjunction with government standards."


Sounds like Garzik was feeding them a line of crap.


Title: Re: Bitcoin: the future of money The inception of a new online currency and its conn
Post by: Timo Y on June 07, 2011, 10:30:27 PM
So, Bitcoin is a company and Paypal has started accepting it?  ???

What kind of fucking amateur wrote this garbage?