2013-02-27 dailyreckoning.com.au - Bitcoin: Get Rich or Die Mining

[julz]

Bitcoin: Get Rich or Die Mining

Joel Bowman
2013-02-27

http://www.dailyreckoning.com.au/bitcoin-get-rich-or-die-mining/2013/02/27/

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Hardcore proponents of the cyber currency don't pay much attention to the day-to-day noise. It's largely irrelevant, they reckon.
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In the war of currency attrition, they're prepared to wait it out...to watch as the government-issued paper around them begins to burn...leaving their cyber currency to stand tall...divisible down to (for now) eight decimal places.
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 But one must admire the conviction of these fringy individuals. They are embroiled in an age old battle of man vs. state, liberty vs. control, freedom vs. slavery. Bitcoin just happens to be their weapon of choice.
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The cyber subject actually came up a few weeks ago. Your editor was hosting an asado here in Buenos Aires...

'You gold bugs,' we heard a friend exclaim, 'you're sooo pre- bitcoin!'
...

I'd intended to ease off on posting media hits here - as this subforum seems to be keeping up nicely - but I couldn't resist posting this punchy little piece as soon as I saw it!

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[Technomage]

I liked this article. Entertaining writing, and quite accurate as well.

[TraderTimm]

Nice one, I have a post awaiting moderation in the comments that points them at the wiki and the ieee.spectrum.org infographic. I also pointed out what to expect when running the new 0.8.0 client, as well as Electrum if they can't wait.

[cypherdoc]

Bitcoin: Get Rich or Die Mining

Joel Bowman
2013-02-27

http://www.dailyreckoning.com.au/bitcoin-get-rich-or-die-mining/2013/02/27/

...
Hardcore proponents of the cyber currency don't pay much attention to the day-to-day noise. It's largely irrelevant, they reckon.
...

In the war of currency attrition, they're prepared to wait it out...to watch as the government-issued paper around them begins to burn...leaving their cyber currency to stand tall...divisible down to (for now) eight decimal places.
...

 But one must admire the conviction of these fringy individuals. They are embroiled in an age old battle of man vs. state, liberty vs. control, freedom vs. slavery. Bitcoin just happens to be their weapon of choice.
...

The cyber subject actually came up a few weeks ago. Your editor was hosting an asado here in Buenos Aires...

'You gold bugs,' we heard a friend exclaim, 'you're sooo pre- bitcoin!'
...

I'd intended to ease off on posting media hits here - as this subforum seems to be keeping up nicely - but I couldn't resist posting this punchy little piece as soon as I saw it!

there's no one who can sweep the internets like you dude!