Bitcoin press hits, notable sources

[HostFat]

This looks like an interesting concept for a form of 'green address' which doesn't rely on trust in a particular entity.

Instant transfer with Bitcoin but without 3rd parties

Jannes Vermorel
2011-12-20

http://vermorel.com/process/CreateJournalEntryComment?moduleId=5042156&entryId=14193327&finalize=true

Good! I hope to see some comments from some devs

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[julz]

Bitcoin Reborn: As a Financial Wire Service for the $10 Trillion System D?

John Robb
2011-12-21

http://globalguerrillas.typepad.com/globalguerrillas/2011/12/bitcoin-finds-its-intrinsic-value.html

[julz]

Perhaps not a particularly notable source - but this guy has been following bitcoin with a skeptical eye since at least may 2011.

Bitcoin’s Worth: Liquidity, Volatility and (Least of All) Value.

David Klemke
2011-12-22

http://www.therefinedgeek.com.au/index.php/2011/12/22/bitcoins-worth-liquidity-volatility-and-least-of-all-value/

Right now Bitcoin still has the same inherent instability that allowed speculators to create the huge bubble back in June and until it manages to stabilize itself I can’t see getting past the technical novel stage. Whether it’s capable of doing this I can’t comment on as whilst it’s a technically elegant solution economically the challenges it faces are quite large and I’m not sure they have a simple solution.

[julz]

Bitcoin vs. Western Union: It’s About Strength in Numbers

Kit Dotson
2011-12-22

http://siliconangle.com/blog/2011/12/22/bitcoin-vs-western-union-it%E2%80%99s-about-strength-in-numbers/

This resurgence of value has caught the attention of media outlets like Ars Technica, in an article cross-posted in Wired Magazine, Timothy B. Lee argues that Bitcoin could be a threat to international money exchanges like Western Union, but couldn’t possibly be a proper currency in-of-itself.

...

Bitcoin still has a long way to go and claims about its eventual power will only draw blood with serrated speculation.

[mortified]

http://www.americanbanker.com/the-scan/the-scan-friday-december-23-2011-1045137-1.html

We remain fascinated by this digital underground currency and the endearing subculture of dollar-distrusting libertarians, cryptography geeks, and earnest entrepreneurs that's blossomed around it. There's been a lively debate in the blogosphere about whether Bitcoin poses a serious threat to the established monetary and banking order and what value it brings to those who use it.

[julz]

This article seems a little hyperbolic, but if browsers can 'war' why not online currencies?

The online currency wars are coming

Milo Yiannopoulos
2011-12-23

http://www.kernelmag.com/yiannopoulos/2011/12/the-online-currency-wars-are-coming/

...which of the new virtual currencies and credit systems will emerge victorious in the greatest war the internet has ever seen.

[julz]

I'm not familiar with this French site.. but it appears to be a magazine 'Digital Age'

Bitcoin: currency peer to peer

Benoit Dupont
2011-12-23

http://erenumerique.fr/bitcoin_la_monnaie_peer_to_peer-article-1877-1.html


http://translate.google.com/translate?sl=fr&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Ferenumerique.fr%2Fbitcoin_la_monnaie_peer_to_peer-article-1877-1.html&act=url

"We met Amir Taake, founder of Bitcoinconsultancy.com developer support tools and trading system around the Bitcoin "

[genjix]

i was going to write a retort to this article, but the whole thing was so ludicrous i couldn't think how to respond

http://www.kernelmag.com/yiannopoulos/2011/12/the-online-currency-wars-are-coming/

"Since Bitcoin has no central repository it’s more like digital cash, used to exchange value anonymously. Critics ask how long that anonymity will last."

what the hell does that mean.

"Think of the entire internet as an app, circumscribed by a persistent Facebook login and punctuated with Pay icons"

No.. that's just stupid.

"Bitcoin and Ven haven’t even scratched the surface of what’s possible with online payments. With a ready user base of 800 million users, Facebook may be about to change the way online financial transactions are thought about and conducted. "

yeah right. bitcoin underlying protocol can do shit we havent even dreamed or ever thought possible. sky is the limit!

[ineededausername]

i was going to write a retort to this article, but the whole thing was so ludicrous i couldn't think how to respond

http://www.kernelmag.com/yiannopoulos/2011/12/the-online-currency-wars-are-coming/

"Since Bitcoin has no central repository it’s more like digital cash, used to exchange value anonymously. Critics ask how long that anonymity will last."

what the hell does that mean.

"Think of the entire internet as an app, circumscribed by a persistent Facebook login and punctuated with Pay icons"

No.. that's just stupid.

"Bitcoin and Ven haven’t even scratched the surface of what’s possible with online payments. With a ready user base of 800 million users, Facebook may be about to change the way online financial transactions are thought about and conducted. "

yeah right. bitcoin underlying protocol can do shit we havent even dreamed or ever thought possible. sky is the limit!

The idiocy in that article is overwhelming!  It basically said:
Online currencies from good to bad:
1. Facebook credits!  Give 30% of your money to Facebook for a DB update and make your spending habits public!
2. Ven: the establishment loves it
3. Bitcoin.  It sucks because

[bbit]

^^this^^

[gnar1ta$]

http://www.citizeneconomists.com/blogs/2011/12/20/solid-bitcoin-consolidation-finally-bears-a-bitcoin-breakout/

Was this posted yet?

[julz]

http://www.citizeneconomists.com/blogs/2011/12/20/solid-bitcoin-consolidation-finally-bears-a-bitcoin-breakout/

Was this posted yet?

The article was reported.. but under a different url:
https://bitcointalk.org/index.php?topic=1958.msg656195;topicseen#msg656195

[julz]

Just another slashdotting.

The Bitcoin Srikes Back

2011-12-24

http://news.slashdot.org/story/11/12/24/2023223/the-bitcoin-strikes-back

[julz]

Bitcoins: A Decentralized Digital Currency?
A possible alternative to our growing financial crisis

2011-12-25
Katherine Thorsteinson

http://www.arbitragemagazine.com/topics/finance/bitcoins-decentralized-digital-currency/


"Considering how drastically different Bitcoins are from our current system, it is unlikely for the moment that this ‘change’ is going to come."

[julz]

Deposit Cash at Bank of America and Get Bitcoin, Thanks to BitInstant and TrustCash

Adrianne Jeffries
2011-12-26

http://www.betabeat.com/2011/12/26/deposit-cash-at-bank-of-america-and-get-bitcoin-thanks-to-bitinstant-and-trustcash/

[julz]

German magazine De:Bug

Conclusion 2011: Bitcoin
Digital Currency

2011-12-27

http://de-bug.de/mag/8758.html

http://translate.google.com/translate?sl=de&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fde-bug.de%2Fmag%2F8758.html&act=url

[jimbobway]

i was going to write a retort to this article, but the whole thing was so ludicrous i couldn't think how to respond

http://www.kernelmag.com/yiannopoulos/2011/12/the-online-currency-wars-are-coming/

"Since Bitcoin has no central repository it’s more like digital cash, used to exchange value anonymously. Critics ask how long that anonymity will last."

what the hell does that mean.

"Think of the entire internet as an app, circumscribed by a persistent Facebook login and punctuated with Pay icons"

No.. that's just stupid.

"Bitcoin and Ven haven’t even scratched the surface of what’s possible with online payments. With a ready user base of 800 million users, Facebook may be about to change the way online financial transactions are thought about and conducted. "

yeah right. bitcoin underlying protocol can do shit we havent even dreamed or ever thought possible. sky is the limit!

If someone started a blog dedicated to ripping into the media's ignorance on bitcoin I would read it everyday.  Maybe I should start ripping into this poorly written article on my own blog.

Anyways, in keeping up with the spirit of this thread here is another link:

http://www.arbitragemagazine.com/topics/finance/bitcoins-decentralized-digital-currency/

[LightRider]

Film maker Kevin Smith just tweeted about bitcoins to his ~2 million followers.

https://twitter.com/#!/ThatKevinSmith/status/151995093505679362

Via @Dirgeinferno420 "your opinion on bitcoins" So long as they're not used to traffic humans or create victimization of any kind? I dig it.

[defxor]

There will be two talks, both in English, on Bitcoin at the 28th Chaos Computing Congress tomorrow (day three out of four). The talks are streamed live at http://28c3.fem-net.de/.

http://events.ccc.de/congress/2011/Fahrplan/day_2011-12-29.en.html

[LightRider]

http://boingboing.net/2011/12/27/the-coming-war-on-general-purp.html

Bitcoin mentioned in one of the later questions of the keynote.

I don't think that the thing that they most fear is bitcoin...Bitcoin is not the major disruptive application of the internet over the last several years.