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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > 2012-12-28 BitcoinMagazine.com - Common Misconceptions About Bitcoin – A Guide
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Author Topic: 2012-12-28 BitcoinMagazine.com - Common Misconceptions About Bitcoin – A Guide  (Read 1838 times)
Stephen Gornick (OP)
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December 30, 2012, 08:18:00 AM
 #1
Common Misconceptions About Bitcoin – A Guide for Journalists
by Vitalik Buterin

Here are two of the five:

Quote
The Bitcoin price did NOT fall to $0.01 in June 2011. [...] The root cause was a security mishap at a third party service.  Aside from the attacker, no human being was, at any point, willing to sell bitcoins at anything close to $0.01.

Bitcoin is NOT (yet) seeing massive growth in usage to evade trade sanctions in Iran. [...] The media took a single story of an Iranian earning bitcoins by selling music on CoinDL and wrongly extrapolated to a story about Iranians switching to Bitcoin en masse.

 - http://bitcoinmagazine.com/common-misconceptions-about-bitcoin-a-guide-for-journalists/
Unichange.me

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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December 30, 2012, 10:34:36 AM
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nice article
Supporting people with beautiful creative ideas. Bitcoin is because of the developers,exchanges,merchants,miners,investors,users,machines and blockchain technologies work together.
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December 30, 2012, 02:02:58 PM
 #3
Thank you very much for this article.

Finally a summery of al the common Bulls*** where you can point to in the comments of articles.
All previous versions of currency will no longer be supported as of this update
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January 26, 2013, 04:16:05 PM
Last edit: January 26, 2013, 07:43:51 PM by DanielBTC
 #4
https://bitcointalk.org/index.php?topic=138822.msg1480982  portuguese translation

https://bitcointalk.org/index.php?topic=138835.new  spanish translation
[Daniel BTC] - 9 AB (after bitcoin)
http://www.usandobitcoin.com.br - Bitcoin para Iniciantes
OTC: DanielBTC Bitrated user: DanielBTC.
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