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Title: 2013-05-03 Wired Let’s Cut Through the Bitcoin Hype:A Hacker-Entrepreneur’s Take Post by: BitChick on May 04, 2013, 03:16:53 PM Edit: WIRED changed the title from "Bitcoin is Not as Secure, Unregulated or Lucrative as You Might Think" to "Let’s Cut Through the Bitcoin Hype: A Hacker-Entrepreneur’s Take"
It did not make sense before so I think someone at Wired made a mistake! -------------------------------------------------------------- Don't let the title fool you (now changed) this article is very positive about the need for BTC and covers more pros then cons. I especially liked this quote at the beginning: Quote We do have credit cards. But credit cards change money from something anyone can give anyone (peer to peer) to something with a consumer class (client) and a merchant class (server). There are innovative startups that attempt to reverse that, and every time one of these systems pops up — Square, Stripe, Venmo — billions of dollars starts flowing through them. We wouldn’t get this sort of growth without pent-up demand. But even the new systems find themselves failing — I love Paypal, but is there anyone who hasn’t either had their account suspended, or knows someone who has? I’ve certainly never had a $20 in my pocket go dark for 48 hours. I had never thought of BTC as being a solution for those with poor credit ratings! There is a huge amount of people in need for that! ;) Our credit scores have always been good so I don't feel the pain that some feel in that way, but BTC does solve some of those problems for people for sure! http://www.wired.com/opinion/2013/05/lets-cut-through-the-bitcoin-hype/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+wired%2Findex+%28Wired%3A+Top+Stories%29&utm_content=Google+Feedfetcher Title: Re: 2013-05-03 Wired - Bitcoin Is Not as Secure, Unregulated, or Lucrative as You Post by: BitChick on May 04, 2013, 03:18:10 PM Sorry. Just saw this was already posted!
Title: Re: 2013-05-03 Wired - Bitcoin Is Not as Secure, Unregulated, or Lucrative as You Post by: grondilu on May 04, 2013, 05:17:21 PM What's with all the Wired articles about bitcoin lately?? I search bitcoin on the front page and I find five occurences. On the front page!
Title: Re: 2013-05-03 Wired - Bitcoin Is Not as Secure, Unregulated, or Lucrative as You Post by: Piper67 on May 04, 2013, 07:26:25 PM Someone should ask Kaminski what headline he would've chosen... And whether he's pissed off at the one the Wired edito chose :D
Title: Re: 2013-05-03 Wired - Bitcoin Is Not as Secure, Unregulated, or Lucrative as You Post by: BitChick on May 04, 2013, 11:51:36 PM Someone should ask Kaminski what headline he would've chosen... And whether he's pissed off at the one the Wired edito chose :D They just changed the title. I think the editors put the wrong one on. ;) It makes more sense now with the new title. |