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Author Topic: 2012-10-03 guardian.co.uk - Bitcoin Foundation hopes to revive reputation of onl  (Read 1412 times)
julz (OP)
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October 03, 2012, 02:46:02 PM
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Bitcoin Foundation hopes to revive reputation of online currency
Universal anonymity of virtual currency is both its advantage and disadvantage, attracting allegations of fraud and criminality

Peter Beaumont
2012-10-03

http://www.guardian.co.uk/technology/2012/oct/03/bitcoin-foundation-online-currency?newsfeed=true

...

Now, following these controversies, some of the currency's leading supporters have launched a new foundation designed to rehabilitate the reputation of the fledging online "currency".

...

"There's a lot to love [but] … there are botnet operators, hackers, and ponzi-scheme runners floating around our space," explained chairman Peter Vessenes.

He also alluded to the fact that some governments are far from delighted with the prospect of an online alternative to state-issued currencies. "We occasionally hear threatening statements from government representatives that don't seem to understand the law, much less how great Bitcoins are for the world.

… There are legal questions to be answered about Bitcoins, different ones in different jurisdictions."

...


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beckspace
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October 03, 2012, 04:54:28 PM
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Now, following these controversies, some of the currency's leading supporters have launched a new foundation designed to rehabilitate the reputation of the fledging online "currency".

The foundation is "design" to what?

Besides, Bitcoin's reputation is going better than the dollar or the euro. We don't have QE surprises.
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October 04, 2012, 08:23:37 AM
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"There's a lot to love [but] … there are botnet operators, hackers, and ponzi-scheme runners floating around our space," explained chairman Peter Vessenes.

Did he really use the word "hacker" in this sentence?  Is that a bad thing to be a hacker?

Also, who is Peter Vessenes?  Never heard this name before.

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October 04, 2012, 08:26:45 AM
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"There's a lot to love [but] … there are botnet operators, hackers, and ponzi-scheme runners floating around our space," explained chairman Peter Vessenes.

Did he really use the word "hacker" in this sentence?  Is that a bad thing to be acker?

Also, who is Peter Vessenes?  Never heard of this guy.


To the general populace, "hacker" is indeed negative. To more coder-types, it's a good thing.

Peter is a part of CoinLab.

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October 04, 2012, 10:07:46 AM
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However, fraudsters have developed systems for quickly "minting" currency that have undermined it while other criminal enterprises have been quick to see the advantages of the system. In 2011, the US Senate called for Bitcoin to be investigated for its links to tax evasion and money-laundering.

WTF can really any bullshit be peddled as news anymore?!

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October 05, 2012, 10:23:07 AM
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I e-mailed their corrections department to ask for clarification on the fraudulent minting claim.

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October 05, 2012, 11:59:21 AM
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I e-mailed their corrections department to ask for clarification on the fraudulent minting claim.

Shouldn't The Bitcoin Foundation do that? lol I mean, I thought their job description was clearer press communication?
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October 05, 2012, 12:03:27 PM
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I e-mailed their corrections department to ask for clarification on the fraudulent minting claim.

Shouldn't The Bitcoin Foundation do that? lol I mean, I thought their job description was clearer press communication?

This is the goal for the foundation I imagine.

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October 05, 2012, 01:16:28 PM
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I e-mailed their corrections department to ask for clarification on the fraudulent minting claim.

Shouldn't The Bitcoin Foundation do that? lol I mean, I thought their job description was clearer press communication?

I don't think they're quite at the omniscient and omnipresent stage yet.

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October 05, 2012, 01:42:18 PM
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It's OK, it's the Guardian. They'll spend a few years mocking the weird nerds, and then start selling cookbooks for Bitcoins once they realise it's not the end of the world.

I'd much rather have some BTC than some Guardian shares right now.

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October 05, 2012, 03:17:46 PM
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"There's a lot to love [but] … there are botnet operators, hackers, and ponzi-scheme runners floating around our space," explained chairman Peter Vessenes.
Did he really use the word "hacker" in this sentence?  Is that a bad thing to be acker?
To the general populace, "hacker" is indeed negative. To more coder-types, it's a good thing.
I just tell people I'm a computer hobbyist. It's accurate, sounds more benign to Joe Sixpack, and doesn't boast l33t 5k1llz.
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