Cool TechCrunch article

[anonymous_hero]

http://techcrunch.com/2013/04/11/bitcoin/

It looks like Silicon Valley is making more and more investements in Bitcoin-related startups, etc.  This is good news for Bitcoin; credit cards are causing such problems for both consumers and businesses that replacing it with something like Bitcoin is definitely preferable for everyone but the credit card companies.

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[webchris]

There is almost no downside for retailers to accept BTC. No charge backs, super low fees, instant BTC to USD if they wish. It is great for micro transactions too. I think Silicon Valley is going to grab bitcoins and run with them for some big projects.

[shibaji]

Nice! We need more such exposure.

[Lemon]

Nice! We need more such exposure.

TechCrunch exposure is hardly exposure, their traffic levels seem to have taken a nosedive lately. As an example, a linked frontpage start-up ended up with a total of... 322 visits. Bitcoin needs exposure by the BIG networks, and thankfully - it is getting that lately.

[shibaji]

Nice! We need more such exposure.

TechCrunch exposure is hardly exposure, their traffic levels seem to have taken a nosedive lately. As an example, a linked frontpage start-up ended up with a total of... 322 visits. Bitcoin needs exposure by the BIG networks, and thankfully - it is getting that lately.

Yes, agreed. What I intend to say is any publicity is good for btc economy - small or big - even tweets help.

[Lemon]

Nice! We need more such exposure.

TechCrunch exposure is hardly exposure, their traffic levels seem to have taken a nosedive lately. As an example, a linked frontpage start-up ended up with a total of... 322 visits. Bitcoin needs exposure by the BIG networks, and thankfully - it is getting that lately.

Yes, agreed. What I intend to say is any publicity is good for btc economy - small or big - even tweets help.

I wouldn't say any publicity, the old adage of "any publicity of good publicity" doesn't hold true when the publicity is prone to be highly negative. Good publicity is definitely good for the economy though ;-).

[shibaji]

Nice! We need more such exposure.

TechCrunch exposure is hardly exposure, their traffic levels seem to have taken a nosedive lately. As an example, a linked frontpage start-up ended up with a total of... 322 visits. Bitcoin needs exposure by the BIG networks, and thankfully - it is getting that lately.

Yes, agreed. What I intend to say is any publicity is good for btc economy - small or big - even tweets help.

I wouldn't say any publicity, the old adage of "any publicity of good publicity" doesn't hold true when the publicity is prone to be highly negative. Good publicity is definitely good for the economy though ;-).

The recent stream of -ve publicity is because some big players wanted to get in the game, that is what I believe. Once they are satisfied with quenching their thirst of btc, things will go back to normal - of course, till another big player wanted to get in.

If it is true (what I am thinking), then this is just very start of a very exciting journey.

[covalence]

Nice! We need more such exposure.

TechCrunch exposure is hardly exposure, their traffic levels seem to have taken a nosedive lately. As an example, a linked frontpage start-up ended up with a total of... 322 visits. Bitcoin needs exposure by the BIG networks, and thankfully - it is getting that lately.

Well CNBC recently added a bitcoin ticker m/quotes/MTGOXUSD]http://data.c[Suspicious link removed]m/quotes/MTGOXUSD. More and more places are acknowledging bitcoin which is good.

[Lemon]

Nice! We need more such exposure.

TechCrunch exposure is hardly exposure, their traffic levels seem to have taken a nosedive lately. As an example, a linked frontpage start-up ended up with a total of... 322 visits. Bitcoin needs exposure by the BIG networks, and thankfully - it is getting that lately.

Yes, agreed. What I intend to say is any publicity is good for btc economy - small or big - even tweets help.

I wouldn't say any publicity, the old adage of "any publicity of good publicity" doesn't hold true when the publicity is prone to be highly negative. Good publicity is definitely good for the economy though ;-).

The recent stream of -ve publicity is because some big players wanted to get in the game, that is what I believe. Once they are satisfied with quenching their thirst of btc, things will go back to normal - of course, till another big player wanted to get in.

If it is true (what I am thinking), then this is just very start of a very exciting journey.

Agreed. It's going to be pretty damn exciting.

[myusername]

interesting

[Wekkel]

For Silicon Valley, Bitcoin could be a saviour of their jobs (think of all the software that could be developed around Bitcoin).

[DeathAndTaxes]

Nice! We need more such exposure.

TechCrunch exposure is hardly exposure, their traffic levels seem to have taken a nosedive lately. As an example, a linked frontpage start-up ended up with a total of... 322 visits. Bitcoin needs exposure by the BIG networks, and thankfully - it is getting that lately.

Actually Bitcoin could use a little less mass media exposure in the short term.  I would take 300 people reading TechCrunch over 10,000 cluless "Bitcoinz are going to $1B next week so dump all the money you can into it" any day.  The later has (and will in the future) blow up in your face.

Bitcoin isn't ready for mainstream but it is certainly ready for more VC funding and that could lead to Bitcoin being ready for mainstream in 4-6 years.

[Akka]

Nice! We need more such exposure.

TechCrunch exposure is hardly exposure, their traffic levels seem to have taken a nosedive lately. As an example, a linked frontpage start-up ended up with a total of... 322 visits. Bitcoin needs exposure by the BIG networks, and thankfully - it is getting that lately.

Actually Bitcoin could use a little less mass media exposure in the short term.  I would take 300 people reading TechCrunch over 10,000 cluless Bitcoinz are going to $1B next week so dump all the money you can into it anydays.  The later has (and will in the future) blow up in your face.

Bitcoin isn't ready for mainstream but it is certainly ready for more VC funding and that could lead to Bitcoin being ready for mainstream in 4-6 years.

Couldn't agree more to that. If the last few weeks have told us anything than it is that there has to be a solid infrastructure been build around Bitcoin before it is ready to go Mainstream.

That what we have seen the last couple of weeks was only a fraction of what we would see if Bitcoin becomes mainstream and we already coudn't handel this.

But the good thing on this exposure was that Bitcoin has got the attention of some people that are able to build this infrastructure now.

Now we can only hope that this people get the time they need to build useful things around BTC before it blows up again.

[Paul89273]

It's been said before but what Bitcoin really needs to help it become more mainstream is Porn websites, the big tube sites like xhamster & pornhub to accept payments in Bitcoin, Bitcoin is perfect for micropayments and what sites get more traffic than adult websites! There are a few I know LOL but adult sites make up a good percentage of the top 100 most visited sites on the internet.

[Lemon]

Nice! We need more such exposure.

TechCrunch exposure is hardly exposure, their traffic levels seem to have taken a nosedive lately. As an example, a linked frontpage start-up ended up with a total of... 322 visits. Bitcoin needs exposure by the BIG networks, and thankfully - it is getting that lately.

Actually Bitcoin could use a little less mass media exposure in the short term.  I would take 300 people reading TechCrunch over 10,000 cluless "Bitcoinz are going to $1B next week so dump all the money you can into it" any day.  The later has (and will in the future) blow up in your face.

Bitcoin isn't ready for mainstream but it is certainly ready for more VC funding and that could lead to Bitcoin being ready for mainstream in 4-6 years.

Oh, when I say exposure by the big networks - I don't mean in the "OMG 1 BILLLLLION" style of presentation. I'm referring more to the technological and feature side of Bitcoins, and what it can do for consumers and merchants. It's definitely ready for more VC funding though, you're right there.

[bitcoinscanada]

Great article.

[Tornston]

definitely good news

[anonymous_hero]

It's been said before but what Bitcoin really needs to help it become more mainstream is Porn websites, the big tube sites like xhamster & pornhub to accept payments in Bitcoin, Bitcoin is perfect for micropayments and what sites get more traffic than adult websites! There are a few I know LOL but adult sites make up a good percentage of the top 100 most visited sites on the internet.

That may increase its usage, but unfortunately that probably wouldn't do much for its reputation.  It's already dismissed by some for being associated with other illicit activities, and while a large number of people do go to those sites, I don't think it would help all that much.

[Lemon]

It's been said before but what Bitcoin really needs to help it become more mainstream is Porn websites, the big tube sites like xhamster & pornhub to accept payments in Bitcoin, Bitcoin is perfect for micropayments and what sites get more traffic than adult websites! There are a few I know LOL but adult sites make up a good percentage of the top 100 most visited sites on the internet.

That may increase its usage, but unfortunately that probably wouldn't do much for its reputation.  It's already dismissed by some for being associated with other illicit activities, and while a large number of people do go to those sites, I don't think it would help all that much.

Being predominantly associated with porn websites would be damaging in the long run, this is not what Bitcoin needs.