[2016-02-20] The week bitcoin went all tabloid

[Sturgeon]

NEW YORK—Reading bitcoin headlines this week felt a bit like checking out at the grocery store back in the 1990s, when impulse buys not only included Airheads and Nerds Rope candy, but a salacious selection of tabloid newspapers like the Weekly World News and the National Enquirer.

Instead of tales of “bat boy” and Dick Cheney being a robot, we learned of an alleged attempt to buy Kanye West’s latest album, a settlement being reached between one of bitcoin's former stars and the FTC (which they reportedly can’t afford to pay), and a Hollywood hospital coughing up $17,000 in bitcoin to get its computers back. Along with some pretty interesting — though certainly less dramatic — business developments.

http://upstart.bizjournals.com/money/loot/2016/02/19/the-week-bitcoin-went-all-tabloid.html

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[TraderTimm]

Funny thing is, you see headlines all the time regarding regular currency. Perhaps the underlying point here is that Bitcoin is becoming so integrated, that instead of "Big Cash Heist At Bank", we see stories about people stealing Bitcoins. Must mean its valuable and fungible, does it not? Just a short hop and a skip away from getting someone like a big nation-state to endorse it, isn't it. (Not that we necessarily need it, but it would be another milestone for Bitcoin in general.)

Interesting times indeed...