The future of begging is here, I suppose.

MIT’s Kendall Square bookstore might be the first campus retail shop in the country to accept Bitcoins from students

The aim of the club is to provide forums where students can discuss, develop, and study  Bitcoin-related ideas, projects, programs, and businesses. “We believe Bitcoin has the potential to be not just a digital currency, but the future of money,” according to the group.

http://www.bostonmagazine.com/news/blog/2014/09/04/mit-coop-kendall-square-bitcoin/

In 2014 Bitcoin has improved in user adoption, wallet safety, education, public awareness, network security and Bitcoin companies have received more investment from venture capital than any other year. I call that a good year.

If jlaw is basically going to be the reason why bitcoin will make another bull-run, then my mind will be fucking blown and nothing in this world will make sense to me anymore.

With due respect to Mike, the human element is what ultimately makes bitcoin resilient. No matter what current problems exist, there is a huge body of people with incentives & knowhow to keep bitcoin going.

Real world example: March 2013 chain fork recovery. https://github.com/bitcoin/bips/blob/master/bip-0050.mediawiki

Theoretical example: If the core SHA256 hashing algorithm is compromised, software cannot automatically recover from that. It will be humans who decide the best course of action for the network to take. It will be other humans who evaluate that judgement, and agree (by downloading & using new software) or disagree.

I think you misunderstand how markets work.

XYZ's future depends on public acceptance

I like this idea. Too bad I know diddy-squat about developing games.

True enough. But unfortunately, the vast majority of people will only think: "I read on Forbes about Bitcoin, and they said..."
It seems that Mr. Mu has written several Bitcoin articles for Forbes. Perhaps if Forbes were to get enough complaints about Mr. Mu's obvious ignorance of the fundamentals of Bitcoin, these articles would cease.

The Twitter id says it all: @bitpump.

USA loves their witch hunts and lynch mobs.

TIL a huge number of cold storage coins held by bitcoiners will be lost forever on their death.

I had this thought that fiat could be backed by bitcoin much like the gold standard era. I don't see the Fed backing out without a fight.

This is a pretty terrible looking operation. Expect a ton of BTC mining to move to Iceland where cooling is free, and electricity is very inexpensive. Since bandwidth is that countries biggest issue and it doesn't apply in the case of centralized mining I imagine it will take over.

Only $55 to enter! Careful everyone. This smells fishy. Yea, I don't buy this shit for a second. If you 'donate' how would they even know who won? They are not collecting any info from you.
What 'island' are they referring to?

May I suggest it's unwise to link users to a site where they enter their password to check its security.
No tech-savvy person would ever enter their real password on such a site, but that's not who this post was for.
What's worse is that that site is not even ssl protected, meaning anyone can read a plaintext password you enter over the wire. Nasty. Seriously, remove that link...

I'd probably release dopamine into my cortex

Why does everyone say, that low regulation is bad for the rich people and institutions? If you hold a lot of bitcoin you can communicate with your rich friends and influence the market etc. etc.? In germany most rich people are for less regulation (FDP/CDU), the normal/poor people want more regulation, taxes etc and vote for SPD. Isn't that the same?

No, because you cannot print more Bitcoins. You can only print vouchers for Bitcoins, which will clearly be worth less than a Bitcoin.

I mean it's one thing we don't know who stole the bitcoin if there was a theft. That's not easily found out... but not to even know whether the coins were stolen in the first place is ridiculous.