[2016-03-19]Media and Bitcoin, a Bitter-Sweet Relationship

[Blawpaw]

Media and Bitcoin, a Bitter-Sweet Relationship

Bitcoin, the distributed open source cryptocurrency went live in 2009. Since 2009, for about 3-4 years it was still an obscure token which only a handful of tech publications showed interest in. However, it all changed when this obscure ‘game currency’ was found to be a major currency in the deep web economy. The emergence of the deep web online marketplace – Silk Road and the use of bitcoin to but drugs and other contraband on that site garnered some attention from mainstream media....

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[richardsNY]

The media here never reports something good about Bitcoin. But they are very quick with reporting when criminals are asking for Bitcoin ransom in an extortion attempt. Experienced Bitcoiners don't care much about this, but the average joe does. Don't think this will stop any time soon.