Bitcoin press hits, notable sources

[julz]

Matthew DeBord follows up after some bitcoin community comments on his recent Bitcoin post...

Commenting on the commenters: Bitcoin

Matthew DeBord
2011-12-02

http://www.scpr.org/blogs/economy/2011/12/01/3923/commenting-commenters-bitcoin/

What I've learned from writing about Bitcoin is that...Bitcoin has some passionate advocates! It's been debunked in the popular media. But clearly, there's a thriving subculture of Bitcoin enthusiasts. They've got my respect, even if they haven't convinced me that Bitcoin — or another type of currency not backed by a central government — will ever work

Discussion thread here: https://bitcointalk.org/index.php?topic=53566.0

[molecular]

Matthew DeBord follows up after some bitcoin community comments on his recent Bitcoin post...

Commenting on the commenters: Bitcoin

Matthew DeBord
2011-12-02

http://www.scpr.org/blogs/economy/2011/12/01/3923/commenting-commenters-bitcoin/

What I've learned from writing about Bitcoin is that...Bitcoin has some passionate advocates! It's been debunked in the popular media. But clearly, there's a thriving subculture of Bitcoin enthusiasts. They've got my respect, even if they haven't convinced me that Bitcoin — or another type of currency not backed by a central government — will ever work

I just had to comment on "commenting on the commenters".

Also, julz: thanks so much for posting all this stuff here. This is one of my favorite morning-coffe-threads.

[paraipan]

Matthew DeBord follows up after some bitcoin community comments on his recent Bitcoin post...

.....................................................

I just had to comment on "commenting on the commenters".

Also, julz: thanks so much for posting all this stuff here. This is one of my favorite morning-coffe-threads.

+1

[MoonShadow]

Matthew DeBord follows up after some bitcoin community comments on his recent Bitcoin post...

Commenting on the commenters: Bitcoin

Matthew DeBord
2011-12-02

http://www.scpr.org/blogs/economy/2011/12/01/3923/commenting-commenters-bitcoin/

What I've learned from writing about Bitcoin is that...Bitcoin has some passionate advocates! It's been debunked in the popular media. But clearly, there's a thriving subculture of Bitcoin enthusiasts. They've got my respect, even if they haven't convinced me that Bitcoin — or another type of currency not backed by a central government — will ever work

I just had to comment on "commenting on the commenters".

Also, julz: thanks so much for posting all this stuff here. This is one of my favorite morning-coffe-threads.

I let him know how I felt about him too.  +1 on the morning-daily-check thread.

[julz]

Not a mainstream press hit or anything.. but the idea of the site "A scientific approach to earning more money" is interesting.

Making Money With Bitcoins – An Interview With Philip Daniel

2011-12-01

http://www.experimentincome.com/moneybitcoins/

Hypothesis
It's possible to make money bitcoin mining, but it's getting increasingly difficult

...

Conclusion
Right Now, Bitcoin Mining is an unprofitable enterprise. The future of Bitcoin is uncertain.

About Experiment Income
"Our mission is to find out what can earn you more money and what can’t."


Philip Daniel appears to be 'a senior economics major at Cal Poly in San Luis Obispo' who is into bitcoin.

[julz]

I wouldn't normally report on advertisements - but Roger Ver of Memory Dealers does them in a way that promotes Bitcoin itself rather than directly promoting his company.
Here's his latest.

Zeus Radio ad
Bitcoin

MemoryDealers - Roger Ver
2011-12-02


http://www.youtube.com/watch?v=5pV9ptoCMyc&feature=g-u

[molecular]

I wouldn't normally report on advertisements - but Roger Ver of Memory Dealers does them in a way that promotes Bitcoin itself rather than directly promoting his company.
Here's his latest.

wow! so much revolutionary power! Thanks, Roger!

I think it's legitimate to report ads here if they are for bitcoin and only slightly for some bitcoin business (which is not even the case here)

[molecular]

I'm not sure this can be considered "press", but I think it's notable:

http://ia700801.us.archive.org/5/items/MaxKeiserRadio-TheTruthAboutMarkets-03December2011/TaM-031211.mp3 (start listen at 31:30 for bitcoin)

Stacy Herbert, Max Keiser and Richard Bluestein talk in Paris, partly about Bitcoin and the Conference.

Stacy seems genuinly impressed by having actually used bitcoin.

Here's a quote:

Now, that's the thing that I really learned at the Bitcoin Conference. Now, I guess I got a little bit confused by a lot of the trolls and propaganda out there who don't understand, because, a lot of shreekers, who actually haven't used bitcoin. Now I assumed, like they, at a certain point, you know, people are like: 'it's a ponzy scheme!'. But what it is: it's a unit of transaction. If you've actually ever used it, you can see the simplicity of using it just to friggin' purchase something, not to speculate and hope to flip it to somebody at a greater price. You just convert your currency that day to whatever... there's some place that'll convert it to gold for you, you can convert it to euros, swiss franks, dollars, whatever you want.

[lonelyminer (Peter Šurda)]

Stacy seems genuinly impressed by having actually used bitcoin.

Max is too, here's his quote:

I think of it like Western Union. You go to Western Union and you send money. You go to Bitcoin and you can send money. Now, you can also buy or sell stock in Western Union and speculate on what direction the stock price might go, but that doesn't mean you can't use it as a service to send money unless you buy or sell stock. That's not true. Same thing with Bitcoin. Yes, you can buy and sell Bitcoins if you want to, but that's not the primary purpose of Bitcoin. The primary purpose is to send money for virtually free on the web.

[julz]

Bitcoin for beginners, Part 2: Bitcoin as a technology and network

Dirk Merkel
2011-12-06


http://www.javaworld.com/javaworld/jw-12-2011/111206-bitcoin-for-beginners-part-2.html

[MoonShadow]

Bitcoin for beginners, Part 2: Bitcoin as a technology and network

Dirk Merkel
2011-12-06


http://www.javaworld.com/javaworld/jw-12-2011/111206-bitcoin-for-beginners-part-2.html

Wow, wrong right from the start...

"Bitcoin uses public-key cryptography for signing transactions. In the Bitcoin marketplace, coins are transferred between users via an exchange of keys."

EDIT:

And again right after that...

The public key serves as an address to which Bitcoins can be sent,"

(the address contains a hash of the public key, and a checksum of that hash, but not the public key itself, which is not disclosed until funds are sent away from that address.  I'm sure someone will correct me if I wrong here.)

[netrin]

Of course it is supposed to be a technical journal for programmers, but perhaps you are too critical, considering that same paragraph is filled with other loose analogies such as ATM PINs?:

...are transfered between users via exchange of keys
...are transfered between users after the exchange of keys
...are transfered between users after the sender receives the recipient's key
...are transfered between users after the sender receives the hash value of the recipient's key

[MoonShadow]

Of course it is supposed to be a technical journal for programmers, but perhaps you are too critical, considering that same paragraph is filled with other loose analogies such as ATM PINs?:

...are transfered between users via exchange of keys
...are transfered between users after the exchange of keys
...are transfered between users after the sender receives the recipient's key
...are transfered between users after the sender receives the hash value of the recipient's key

No, because the loose analogies are presented as such.

[grondilu]

And again right after that...

The public key serves as an address to which Bitcoins can be sent,"

(the address contains a hash of the public key, and a checksum of that hash, but not the public key itself, which is not disclosed until funds are sent away from that address.
I'm sure someone will correct me if I wrong here.)

Well, the public key is used to make the hash, which is encoded in Base58 to make the address, so in a sense the public key serves as an address.  When the guy says "the public key serves as an address", it does not necessarly mean litterraly.

[ribuck]

Bitcoin was mentioned briefly twice in the paper edition of The Times today (7 December). The mentions were on pages 14 and 15 of the Raconteur supplement on the future of mobile payments.

The Raconteur supplements lean towards advertorial, and are only included with English editions of The Times. The supplement will soon be archived online here:

Raconteur Archive
http://www.raconteurmedia.co.uk/ARCHIVE.htm

It's not much of a mention, and there is a typo (the highest Bitcoin exchange rate was given as $432 instead of $32), but it's the first time I've seen Bitcoin mentioned in the paper edition of a major daily newspaper.

[Atheros]

And again right after that...

The public key serves as an address to which Bitcoins can be sent,"

(the address contains a hash of the public key, and a checksum of that hash, but not the public key itself, which is not disclosed until funds are sent away from that address.  I'm sure someone will correct me if I wrong here.)

You have it right but if ever I was interviewed by a member of the media and they said that, I wouldn't correct them.

[AgoraMutual]

Bitcoin mentioned as a PayPal alternative at the bottom of this Forbes article as PayPal back-pedals on freezing Regretsy.

On The Anniversary Of Cutting Off WikiLeaks, PayPal Slaps Christmas Charity Project

[finway]

Chinese edition of "The rise and fall of BitCoin", added a tail "Been accused as A Ponzi scheme"
http://tech.sina.com.cn/i/2011-12-05/19476429922.shtml

[phatsphere]

small mention of bitcoin,

Emergent online currencies such as Bitcoin are causing a big splash among tech-geeks and hackers worldwide, …

Occupy protests: a four step guide to bypassing high-street banks

[julz]

This is a bit of a preliminary 'hit' - This academic legal paper is apparently being submitted to 'Several Tech. and Economic Law journals',
so please report if/when you see it cited or in other contexts.

Bitcoin: Tempering the Digital Ring of Gyges or Implausible Pecuniary Privacy

Matthew Elias
2011-10-03    (revised/released 2011-12-07)

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1937769

Bitcoin is a product of the internet, and therefore bears an intimate relationship to level of
anonymity one is able to obtain therein. Functionally ineffective regulation directed at the
internet and its subsidiary technologies may continue into the foreseeable future. As it relates to
Bitcoin and cryptocurrencies generally, regulation should strive mediate the ongoing melding of
the internet and money as mediums of communication
...

discussion thread here:
'[Available for Download] Academic legal paper re: Bitcoin & Anonymity'
https://bitcointalk.org/index.php?topic=40783.0