2012-10-08 scientificamerican.com - 3 Years in, Bitcoin Digital Money Gains Mome

[julz]

3 Years in, Bitcoin Digital Money Gains Momentum
The digital currency exchange network now includes more than 1,000 merchants and at least tens of thousands of unaffiliated users, as it tries to solve barriers to participation


Morgen Peck
2012-10-08

http://www.scientificamerican.com/article.cfm?id=3-years-in-bitcoin-digital-money-gains-momentum

...
Bitcoin developers are quickly proving that they can design decentralized alternatives to even the most sophisticated financial institutions. But some are building applications that use money in ways that had never before been possible in the digital world.
...

[Technomage]

That was a very solid article. In depth, high level. Very positive as well.

[Zangelbert Bingledack]

One of the best articles yet, and in Scientific American no less!

[Gabi]

A great article, very nice!  Who wrote it took time to learn about it!

[BitPay Business Solutions]

Morgen has been following bitcoin for a while.  I first met her at the NY Bitcoin conference, and she was in London and talking to many people there, doing good research.  She's good.

[giszmo]

Good article but I'm afraid the early part on hashing might get many readers loose appetite as she had to stay so much on the surface that it is actually barely understandable without a background in bitcoins.
(aka /sub. Yes, I know there is the watch feature but for some reason some threads exclusively show up in the list of unread replies. Merge these two lists and I post less )

[panda1]

It was an enjoyable read, nice!

[GenTarkin]

agreed, that was a very nice article! From someone actually knowledgeable on the subject!

[FreeMoney]

Anyone else have trouble posting in the comments? I made an account and then posted and it doesn't show. At first I thought delay, but now it's been a while. Guess I'll repost in a bit.

[niko]

Amazing: there are 17 comments right now, eight of which are written by "RSchmidt" and are extremely negative and misleading. What a stubborn guy. If you can spare a minute, share your own experience in the comments. I suggest not responding to RSchmidt at all, simply provide your perspective on the article and Bitcoin in general.

[Roger_Murdock]

At the end of his speech, Garzik rallied for the currency and asked for patience over the long haul. "'How long did it take to create the euro, implement the euro, widely distribute the currency, widely distribute the cash registers,point-of-sales systems—all of that stuff,"' he asked. "'It took years and years. And so one cannot reasonably expect Bitcoin to be an immediate success in two years."'

Well, it certainly didn't take them very long to trash the euro. I would hope we're setting our sights a little higher.

[MichaelBliss]

Personally, I was thrilled to see myself ("Vancouver massage therapist") mentioned, even if briefly, they linked to my website too!  I've always loved Scientific American, now even more.  Finally some positive feedback regarding accepting bitcoin!  I was getting used to the confused faces and funny looks.