On the cover page of The Economist

[LiteCoinGuy]

Do you realize what exact words are they using on the cover? It is not: Bitcoin can change the world - instead it is - How technology BEHIND bitcoin (I assume: blockchain) can change world.
This is a huge difference.

yes, at the moment we are on that stage of understanding. next stage will be


"we dont use bitcoin, but a sidechain of it!"


that should happen in 2016/2017  

[InvoKing]

Magazines such as The Economist have spent the past 4 years of Bitcoin's existence trying their best to ignore one of the most extraordinary technological achievements of all time, and in the arena of finance no less.

Better late than never...
Bitcoin need more and more advertisement/ to be known by many people, such a magazines have millions of users which is beneficial for the development of Bitcoin.
But lately i saw that they are interested with the blockchain more than bitcoin itself.......

[crazyivan]

Oh yes, this is good.

This is like to see.

Next thing we need is to have stock exchanges get into Crypto, Wall Street as well. After all, BTC is a good, it can be freely traded.

[Betwrong]

To people who are not familiar with this magazine, it's very highly regarded everywhere in Europe. It's British and more than 150 years old. I bet this cover page alone is worth a rise of at least 3% in BTC's price. The article is also available online but you need to register.

I agree with this. When such respectful periodicals like The Economist or Forbes cover the subject it is much much better for the Bitocin adoption than hundreds of articles by incompetent journalists in tabloids.

[jakelyson]

To people who are not familiar with this magazine, it's very highly regarded everywhere in Europe. It's British and more than 150 years old. I bet this cover page alone is worth a rise of at least 3% in BTC's price. The article is also available online but you need to register.

http://www.economist.com/

Wow, this is good! Bitcoin will have an even better image with that. And with that, an even better price. I hope bitcoin price goes up even more.

[jt byte]

I heard about The economist magazine before and it is very popular.
About the cover the design is great , and i hope that will rise the bitcoin price.
From now i think that other magazines will try to copy this article and spread bitcoin article

[anthonycamp]

Oh yes, this is good.

This is like to see.

Next thing we need is to have stock exchanges get into Crypto, Wall Street as well. After all, BTC is a good, it can be freely traded.

there are already forex on line sites that do the price flow into binariy trades for investment on it but its not stock

[NorrisK]

I heard about The economist magazine before and it is very popular.
About the cover the design is great , and i hope that will rise the bitcoin price.
From now i think that other magazines will try to copy this article and spread bitcoin article

Even though they say the mechanism behind bitcoin is the interesting part, their cover art clearly show how bitcoin is a central gear in turning the world.

Their actual image is saying the opposite of their words. :p

[ChrisPop]

Congratulations to the one who have the idea to put the bitcoin technology on the front page of The Economist! This will bring much exposure to bitcoin and will definitely rise few procents in price.

[2112]

Wow guys, this is a huge freaking news! You have to earn a right to be in this magazine, let alone to be on the cover page! This will introduce Bitcoin to the higher class, more eminent people that are reading the Economist!

I can only say that Bitcoin is in a fifth gear when it comes to promotion, adoption and acknowledgement by the masses!

Ha, ha! The shrillest shills are the funniest.

Backstory to that cover is also on imgur: http://imgur.com/gallery/wV0UU

[OROBTC]

...

2112

Eye bleach, please!  I don't know which would be worse: Hillary on the cover, Janet Yellen, or those two camels.

It would be interesting to learn if The Economist sells more magazines than usual this week (because of the striking cover).  The more movers & shakers who read about BTC and the blockchain, the better.

[visual111]

Seems like BLOCKCHAIN is becoming the hit word. People don't like what bitcoin is associated with...so, bitcoin is now blockchain! This is now blockchaintalk.org

[cjmoles]

The "blockchain" is the genius of Bitcoin (not the currency).

Interestingly enough Satoshi basically invented nothing (even the blockchain concept had been documented before Bitcoin).

What he (or they) did was simply put together a bunch of ideas into a practical and working piece of P2P software.

Exactly, the one virtue that Bitcoin does have, however, is its community support....the lunatic fringe who inspired the early adopters who now move the chain and confirm the ledger.  The blockchain works the magic but the community waves the wand.  Bitcoin is the community that stands behind it; the community is what makes exchanging bitcoin unique.

Having said that, the blockchain technology that many economist are getting excited about is the key that makes this whole concept work.  Magazines such as the "Economist," are in the process of building another community around a blockchain technology that will change the way people interact economically....it may not be the community we call "Bitcoin," but it will be a very valuable resource none the less.

Magazines such as The Economist have spent the past 4 years of Bitcoin's existence trying their best to ignore one of the most extraordinary technological achievements of all time, and in the arena of finance no less. To spend any portion of their capitulation attempting to denigrate what Bitcoin genuinely represents is simply a tacit admission of fault on their part. The vast proportion of their coverage has been spent interviewing Mike Hearn; now persona non grata amongst professionals, and strangely also the one developer who sought to change Bitcoin into a system that more closely resembles central banking in comparison to what Satoshi originally proposed.

So any attempt to portray The Economist as somehow the leaders of a cryptographic vanguard is misleading at best. Before Bitcoin, The Economist's name was to some extent synonymous with being well informed about technology and finance (amongst other qualities). Since Bitcoin, no longer. Their bias on monetary issues is naked.

Granted...However.....

The aspect that's great about articles like the one in the "Economist" is that the community has provided so much support for the project that the technology can no longer be ignored by the main stream media.

[megatown]

It's a really nice cover.

[Harry Hood]

WOW, I must pick up a copy of this, very big milestone!

Yeah im sure this has been commented before today. Huge news, even tho they insist on the "blockchain technology" discourse if you read the actual article. Cool looking cover, but the article commits the same mistake of all the other guys on mainstream media did. I guess it's how they cope with the fact Bitcoin is about to disrupt the entire industry, so they want to stick with the blockchain tech thing.

Why are they making a mistake by talking about the blockchain technology? That IS in fact what makes bitcoin different from all other currency, it's what gives bitcoin its unique appeal. And the application of blockchain tech is not limited to currency, it could be used for so many things. It could make corporations more honest, to say the least!

[Harry Hood]

Seems like BLOCKCHAIN is becoming the hit word. People don't like what bitcoin is associated with...so, bitcoin is now blockchain! This is now blockchaintalk.org

I think you're missing the point. It's not that people don't like what Bitcoin is associated with, it's that Corporations can't use Bitcoin to improve their business. They CAN, however, use the blockchain technology to improve their business, to improve their profits. That's all it's about.

[crazyivan]

Seems like BLOCKCHAIN is becoming the hit word. People don't like what bitcoin is associated with...so, bitcoin is now blockchain! This is now blockchaintalk.org

Everything Bitcoin related brings more light to Bitcoin. Blockchain may be more interesting for banks and similar institutions but what we need re ordinary people. What s average Joe going to do with blockchain. Nah, he needs Bitcoin.

[BitcoinFortune]

Seems like BLOCKCHAIN is becoming the hit word. People don't like what bitcoin is associated with...so, bitcoin is now blockchain! This is now blockchaintalk.org

Blcokcahin is really a revolutionary technology. It can help organizations to simplify their ledger system and can cut cost.

[MadBanker]

Its a great magazine, and very well respected.
Interesting owners though....

[thejaytiesto]

There comes a time when it all ends up with this: You have to take a decision on where you are at, and you can only have 2 options
1) You get on Bitcoin now and acknowledge his potential then reap the benefits later
2) You keep being a skeptic/hater and become a laughin stock later, just like the "the world doesn't need computers" guys.