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Author Topic: 2013-03-26 Washington Post "Why reports of Bitcoin’s death may have been..."  (Read 799 times)
mccorvic (OP)
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March 26, 2013, 09:53:13 PM
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http://www.washingtonpost.com/blogs/innovations/post/why-reports-of-bitcoins-death-may-have-been-greatly-exaggerated/2013/03/26/3a010942-9618-11e2-8764-d42c128a01ef_blog.html

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Bitcoin has become a new safe haven for investors similar to the way gold has historically been the favorite refuge of panicked investors during a financial crisis. Bitcoin has become so mainstream that worried Spaniards (many of whom see themselves as potentially the next victims in a financial contagion scenario) are downloading Bitcoin apps to their mobile devices at a rapid pace. There’s even a plan to install the first-ever Bitcoin ATM in Cyprus so individual investors can exchange their “real” currency for Bitcoins without the need for suddenly unreliable bank intermediaries.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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March 27, 2013, 09:03:06 AM
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Not sure how often the Post carries BTC articles but hey, it's something out of Washington so it must have some impact Wink.  Thanks for linking.  The article covers things overall well enough I suppose.

There are some insightful comments as well.

Oh Loaded, who art up in Mt. Gox, hallowed be thy name!  Thy dollars rain, thy will be done, on BTCUSD.  Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins.  And lead us into quadruple digits
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