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Title: 2013-04-26 Financial Times - Bitcoin Debate Comes Down to Heads or Tails Post by: kiko on April 26, 2013, 11:27:28 AM http://www.ft.com/cms/s/0/55733b80-addf-11e2-a2c7-00144feabdc0.html (http://www.ft.com/cms/s/0/55733b80-addf-11e2-a2c7-00144feabdc0.html)
Documents some of the ridicule Bitcoin has received from Colbert Report and also a recent panel of central bankers, responding to question. Quote As on the Colbert Report show, so too at the New York branch of the Federal Reserve, which held a gathering this week for some of the grandees of financial regulation. When one person asked if Bitcoin could become a viable unit of international exchange, participants burst out laughing. Coverage of exchange bank freezes in Canada and Europe. Quote But the craze for Bitcoin has brought debate and scrutiny to them all, and we might already have entered the phase when the regulators strike back. In recent weeks, several Bitcoin businesses have had their bank accounts shut down, suggesting traditional banks are getting worried about enabling the currency. On currency competition. Quote OpenCoin chief executive, Chris Larsen, doesn’t see lots of virtual, borderless currencies competing. He thinks there might be one big winner. “I think of it like this: what did MySpace have to do to beat Friendster, and what did Facebook have to do to beat MySpace? Can anyone iterate on Facebook? There were hundreds of attempts at social networks, but only three big steps to get where we are.” Title: Re: 2013-04-26 Financial Times - Bitcoin Debate Comes Down to Heads or Tails Post by: flix on April 26, 2013, 01:34:41 PM Quote There are many reasons to doubt the monetary value of Bitcoin, the virtual currency whose exchange rate has been gyrating wildly this month, but no one can deny its comedy value. “Bitcoin has worth just because a bunch of people on the internet have agreed it is worth something – like Psy,” joked Stephen Colbert recently, comparing Bitcoin to the South Korean entertainer whose music video “Gangnam Style” went viral last year. Is this the Colbert bump? ::) Title: Re: 2013-04-26 Financial Times - Bitcoin Debate Comes Down to Heads or Tails Post by: hacknoid on April 26, 2013, 05:52:11 PM Quote But the craze for Bitcoin has brought debate and scrutiny to them all, and we might already have entered the phase when the regulators strike back. Hmmm.... - A New Hope - The <regulators> Strike Back ... next would be... - Return of the ... Bitcoin? :D Title: Re: 2013-04-26 Financial Times - Bitcoin Debate Comes Down to Heads or Tails Post by: Gabi on April 26, 2013, 06:00:43 PM :D :D Epic
Let's hope they won't make a new trilogy! Title: Re: 2013-04-26 Financial Times - Bitcoin Debate Comes Down to Heads or Tails Post by: kiko on April 27, 2013, 01:21:51 PM I thought it was interesting that this article's title got changed to 'Virtual currencies threaten to go viral'. It's now on the most-read list in the side-bar.
Someone over there is going to bat for us. :P |