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First I've heard too. Links OP?
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Unless a government realizes that it made a mistake, it isn't likely to dump the central bank and return to a bitcoin standard.
I don't think the author was suggesting that. I think he was suggesting that the populous might dump government issued currency; adopting instead bitcoin for it's simplicity and absence of inflation. Such a process would not be pretty, but similar events do happen on a regular basis throughout the world -- hence his assertion that governments are/should be nervous. |
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Just FYI. The good Professor was also on the BBC the other day: https://bitcointalk.org/index.php?topic=210828.0. Hopefully he will become a media staple and friend of the coin. I'd be curious to know his opinion on Ripple and Open Transactions etc. Re: "...they need to do a bit of a charm offensive with the regulators and make them comfortable with it while being true to their principles.” I always preferred the bitcoin slogan that someone suggested on the forum a while back: "You fucked up. Thank you. We'll take it from here." |
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Another alternative would be to install the blockchain.info chrome app on your pen drive web browser. This means you only need to trust the initial javascript download (much the same as trusting any initial client download). Provided you don't use that browser/OS for anything but bitcoin, it should be secure.
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Another contender here for the bitcoin press awards headline category.
I love reading the frustrated sceptics. The mental anguish is palpable. The narrative is all planned out in advance but none of the facts they dig up corroborate it. We're left with what colour pants they wore as an argument against the currency.
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I think you are right. This sentiment is extremely common. See the ATM CNBC video linked here: https://bitcointalk.org/index.php?topic=208179.0Her first impression is that she is not getting her money's worth because what she got starts with two zeros. It's as simple as that. No maths is being done here, just a visceral reaction to zeros. We all know that we are going to have to switch to mBTC pretty soon, but the problem will get worse before it gets better. Maybe we can set a date and make a big public push to get all related tools and prices to update display code by then. This is the kind of thing where the Foundation should be pivotal, cat herding if you will. |
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http://www.bbc.co.uk/iplayer/episode/b01shw0c/Today_20_05_2013/Bitcoin coverage starts at 02:44:17 and runs for approx 3 mins. Some debate on the DHS Mt.Gox/Dwolla payments freeze. The best part was the lucid commentary at the end from guest Jonathan Rushman: Host: Does bitcoin itself, or something like bitcoin; a digitally created currency with a finite supply, actually have a future?
JR: I think it's fascinating, and it, or something like it, I think has a real place. Imagine a world where foreign exchange didn't matter, monetary policy didn't exist, QE wasn't possible.
Host: I'd be out of a Job!
JR: Well, Governments would free up all this talent that's currently focused on all those issues.
Host: OK, Thank you. Jonathan Rushman there with the latest twist and turn in the life of the bitcoin, which I'm sure we'll be doing more on.
More on Jon: http://www.wbs.ac.uk/about/person/Jon-Rushman/
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I don't mind chart buddy, but it should be made to skip an interval or two if there is no substantial change in the book.
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I think they did a great job with the design. It looks gorgeous on their new website ( http://lamassubtc.com/). It covers a different use case than the big ugly 2-way ATM. I hope this becomes a badge of honour for any bar/club that considers itself on-trend. OP. Thanks for the links and welcome to the forum. |
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http://www.washingtonpost.com/blogs/wonkblog/wp/2013/05/15/the-coming-political-battle-over-bitcoin/Good Quotes from Jerry Brito: Brito, a Bitcoin enthusiast, worries that the Bitcoin community will be caught flat-footed if this week’s enforcement action turns out to be the first step in a broader Bitcoin crackdown. “I hate to say it, but the Bitcoin community needs to start lobbying,” he says. “It needs to start educating policymakers, lobbyists and influencers about the pros of Bitcoin and the impossibility or the difficulty in getting rid of all the bad uses.” hat tip r/bitcoin.
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http://www.bizjournals.com/boston/blog/startups/2013/05/bitcoin-atm-lamassu-manchester-nh-this.htmlLamassu bitcoin mini-ATM shipping soon: Want to invest in the cyptocurrency known as Bitcoin? You could go to Mt. Gox, fill out an application and wait to be registered with the online marketplace. Or you can wait until Friday when the iconoclastic founder of Lamassu releases the company’s first Bitcoin ATM, accepting global currencies and dispensing what could be a bona fide economic revolution.
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I know he is well read, so looked it up. He has 82,714 twitter followers (@jaltucher).
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http://www.ft.com/cms/s/0/69edef9e-bbed-11e2-82df-00144feab7de.html [possible paywall] Looks Like a basic what-is-bitcoin article. Doesn't actually make any attempt to answer the question in the title. A bit disappointing, but press nonetheless. Basically editorial and sticks to the facts. Does mention tulips and silk road.  No notable quotes.
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http://www.afr.com/p/technology/bitcoin_just_for_geeks_says_mastercard_yBzxbcwUZQMzuwgrGkLMhOBitcoin, devisive as ever. Mastercard: Having a virtual currency that is only living in the virtual world and then you can occasionally cash out – other than geeks, who is really going to latch onto that? Deloitte: But Deloitte’s Centre for the Edge partner Peter Williams said BitCoin was an unstoppable force that would stabilise over time as more people bought into it.
“By its very nature it can’t be regulated [and] you can’t arrest an algorithm,” he said.
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