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481  Bitcoin / Press / 2012-11-29 businessweek.com - Dollar-Less Iranians Discover Virtual Currency on: November 30, 2012, 02:35:55 AM
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Dollar-Less Iranians Discover Virtual Currency

Max Raskin
2012-11-29

http://www.businessweek.com/articles/2012-11-29/dollar-less-iranians-discover-virtual-currency

...
Iranian-American bitcoin consultant Farzhad Hashemi recently traveled to Tehran and talked up bitcoin to his friends. “They are instantly fascinated by it,” he says. “It’s a flash for them when they realize how it can solve their problems.” Iranians working or living abroad can send bitcoins to their families, who can use one of the online currency matchmaking services to find someone willing to exchange bitcoins for euros, rials, or dollars.
...
482  Bitcoin / Press / Re: NEW articles in Press Forum on: November 29, 2012, 01:34:17 AM
2012-11-29 cityam.com - E-currencies reach a major milestone

https://bitcointalk.org/index.php?topic=128298.0
483  Bitcoin / Press / 2012-11-29 cityam.com - E-currencies reach a major milestone on: November 29, 2012, 01:33:29 AM
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E-currencies reach a major milestone

Alex Dymoke
2012-11-29

http://www.cityam.com/lifestyle/technology/e-currencies-reach-major-milestone


FOR SOME, Bitcoin is an unregulated rogue currency for pornographers and drug dealers. For others, it is a victory for economic freedom, and a way of protecting business transactions from what they see as the inherent volatility of the banking system. But despite its contentiousness, the controversial e-currency is in rude health. Yesterday it reached a crucial milestone – its “halving day”.

...

As the arrival of halving day proves, Bitcoins are becoming more and more widespread. Over the last three years it has become the world’s most widely used alternative currency and its been tarred with a fair amount of controversy along the way.
...




This article contains some obviously out of date information which looks like a copy and paste job...
Quote
There is also a Bitcoin stock exchange, where companies can make initial public offerings and pay dividends with it. One website offering Bitcoin options trading was “listed” this month for an implied valuation of half a million dollars. Perhaps the most infamous of these sights[sic] is Bitcoinica, a platform offering margin trading, short selling and stop orders run by 17-year-old Chinese high school student Zhou Tong (pictured).


From wikipedia:
"City A.M. is a free, business-focused newspaper distributed in and around London, England. Its certified distribution was 132,076 copies a day in May 2012, according to statistics compiled by the ABC."


484  Bitcoin / Press / Re: 2012-11-28 theverge.com - Total number of Bitcoins hits 10.5 million, production on: November 29, 2012, 12:48:32 AM
For those who do think education on the mechanics of Bitcoin is a worthwhile goal... consider that the recent 'cryptoparty' phenomenon can dovetail in with Bitcoin quite nicely.
(hashtag #cryptoparty on twitter)

This is a grassroots effort to promote a wider understanding of privacy/encryption tools, technology and issues.  (e.g peole talk about and attempt to educate each other on Tor, GPG, OTR etc)
I went to a cryptoparty in Sydney last week, where someone got up and spoke a little about Bitcoin.

Get along to a cryptoparty in your city ( or start one!) and help make Bitcoin a component of it.
485  Bitcoin / Bitcoin Discussion / Re: Halving Day Traditions on: November 29, 2012, 12:33:44 AM
I think a good tradition would be to cut something in half. Even if it's just a bad habit.

Happy halving day everyone!  Grin
I like this one. Cut something in half and post a pic/vid of it.

Cut a fiat note in half ?

Yeah,   that's a good one because you can tape it up and still spend it.
486  Bitcoin / Press / Re: NEW articles in Press Forum on: November 28, 2012, 09:35:53 PM
2012-11-28 theverge.com - Total number of Bitcoins hits 10.5 million, production halves to stop inflation
Can technology replace the Federal Reserve?

https://bitcointalk.org/index.php?topic=128263.0
487  Bitcoin / Press / 2012-11-28 theverge.com - Total number of Bitcoins hits 10.5 million, production on: November 28, 2012, 09:34:15 PM
Quote
Total number of Bitcoins hits 10.5 million, production halves to stop inflation
Can technology replace the Federal Reserve?


Adrianne Jeffries
2012-11-28

http://www.theverge.com/2012/11/28/3701434/total-number-of-bitcoins-hits-10-5-million-production-halves-to-stop


The total number of Bitcoins in circulation just hit 10.5 million, triggering a safeguard against inflation that was hardcoded into the digital currency.

...

Bitcoin has been hailed as a revolutionary populist movement, but it's also a grand economic experiment. The market's reaction in the coming weeks will be the first major test of whether technology can replace government's role in regulating money.
488  Bitcoin / Bitcoin Discussion / Re: Halving Day Traditions on: November 28, 2012, 08:18:19 AM

If breaking the laws about destruction of currency is too much for you - or if you really can't bear to part with a few dollars - burning some scraps of paper with dollar signs etc written on them would be good enough!


If burning a piece of your own fiat currency is too heavy for you because the government doesn't approve, then you might want to avoid Bitcoin entirely Wink

Well the problem I have with burning fiat currency is that being an act of quantitative tightening, it makes other fiat instances ever so slightly more valuable!

Perhaps fake-note burning really is too tame for a Bitcoin celebration, but I was thinking of grandma & the kids.. and how to celebrate inclusively without too much shock value.
Hmm.. how pussyish of me!
489  Bitcoin / Bitcoin Discussion / Re: Halving Day Traditions on: November 28, 2012, 07:57:03 AM
I love the idea of burning some traditional currency!
It's sure to be against the law in pretty much every jurisdiction - but it seems a pretty cool way to celebrate.

I'm not sure what happens to the Australian polymer notes when you try to burn them..  I suspect they shrivel and/or melt.
If breaking the laws about destruction of currency is too much for you - or if you really can't bear to part with a few dollars - burning some scraps of paper with dollar signs etc written on them would be good enough!




490  Bitcoin / Press / Re: 2012-11-28 bbc.co.uk - Rewards set to halve for digital money miners on: November 28, 2012, 03:22:46 AM
Well it's the same link that comes up if you search for bitcoin on the www.bbc.co.uk home page.

What part of the world are you folks in?  Working fine for me in Australia.

491  Bitcoin / Press / Re: 2012-11-28 bbc.co.uk - Rewards set to halve for digital money miners on: November 28, 2012, 03:06:41 AM
I got a 404, sir!

Link still works fine for me.. and getting a lot of twitter action. *shrug*
492  Bitcoin / Press / Re: NEW articles in Press Forum on: November 28, 2012, 02:00:16 AM
2012-11-28 bbc.co.uk - Rewards set to halve for digital money miners

https://bitcointalk.org/index.php?topic=128107.0
493  Bitcoin / Press / 2012-11-28 bbc.co.uk - Rewards set to halve for digital money miners on: November 28, 2012, 01:55:24 AM
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Rewards set to halve for digital money miners
People trying to profit via the bitcoin electronic currency will soon have to work harder to mint the digital coins.

2012-11-28

http://www.bbc.co.uk/news/technology-20510447


...
Safeguards built into the bitcoin software are about to be triggered as the number of bitcoins in circulation hits a key milestone.

This means bitcoin "miners" will have to work twice as hard to be rewarded with the same number of coins.
...

"The main reason to do this is to control inflation," said Vitalik Buterin, a journalist at Bitcoin Magazine.
...
494  Bitcoin / Press / Re: NEW articles in Press Forum on: November 27, 2012, 11:46:11 PM
2012-11-17 scallywagandvagabond.com  - Bitcoins, black market trading or just filling in market inefficiencies?

https://bitcointalk.org/index.php?topic=128089.0
495  Bitcoin / Press / 2012-11-27 scallywagandvagabond.com - Bitcoins, black market trading or just fil on: November 27, 2012, 11:45:26 PM
This piece includes comments from Emily Stewart, the producer of the somewhat onesided onlinemba video, which was noted here a few weeks ago:
https://bitcointalk.org/index.php?topic=121900.0

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Bitcoins, black market trading or just filling in market inefficiencies?

Christopher Koulouris
2012-11-27

http://scallywagandvagabond.com/2012/11/bitcoins-black-market-trading-or-just-filling-in-market-inefficiencies/

...
Bitcoins are an online currency with no ties to a government or central bank. Since their inception in 2009, it has become a medium for all kinds of black market activities online.
...
496  Bitcoin / Press / Re: 2012-11-27 What Has Changed - Fred Wilson on: November 27, 2012, 11:24:20 PM
It looks like he's extremely interested in Bitcoin, but being a little oblique. Perhaps he doesn't want to leak to many 'quotable' comments regarding it at this stage.
Quote
fredwilson
that is an interesting thing but maybe not the most interesting thing. i think the re-imagining of what money is in the digital world may be more interesting
497  Bitcoin / Press / Re: 2012-11-27 nsslabs.com - Bitcoin emerges from the shadows, but just how safe is on: November 27, 2012, 09:41:51 PM
Thanks people - it's a bit of an obsession.
I think this subforum gets updated with news well enough even without a fanatic like me - so no satoshi-rain required, but thanks for the words of encouragement!

Give me a follow on Twitter if you feel inclined Smiley   @electricwings
498  Bitcoin / Press / Re: NEW articles in Press Forum on: November 27, 2012, 08:50:41 PM
2012-11-27 siliconangle.com - Bitcoin Halving Day Draws Nigh

https://bitcointalk.org/index.php?topic=128060.0
499  Bitcoin / Press / 2012-11-27 siliconangle.com - Bitcoin Halving Day Draws Nigh on: November 27, 2012, 08:50:16 PM
Quote
Bitcoin Halving Day Draws Nigh

Kyt Dotson
2012-11-27

http://siliconangle.com/blog/2012/11/27/bitcoin-halving-day-draws-nigh/


Prepare to fall to your knees and shake your fist to the heavens, a terrible milestone is upon us, one that will forever change the fabric of an entire community.
...
500  Bitcoin / Press / Re: NEW articles in Press Forum on: November 27, 2012, 08:48:43 PM
2012-11-27 nsslabs.com - Bitcoin emerges from the shadows, but just how safe is it?

https://bitcointalk.org/index.php?topic=128058.0
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