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Author Topic: Bitcoin press hits, notable sources  (Read 401954 times)
julz
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December 29, 2011, 10:55:13 AM
 #1721

Just one mention of Bitcoin - but in this article, Nathaniel Borenstein (a co-creator of the MIME email standard) sees a bright future for some sort of 'alternative' internet payment system.

Quote
Alternative Online Payments: The Dream That Refuses to Die

Nathaniel Borenstein
2011-12-29

http://www.xconomy.com/detroit/2011/12/29/alternative-online-payment-systems-the-dream-that-refuses-to-die/

"From Digicash to Cybercash to BitCoin, there have been plenty of demonstrations of the technical feasability of alternative Internet payment mechanisms"

...

"A cynic might say that, because of the power of the banks and card associations, such an infrastructure will never come to be. I’m a bit more optimistic; I think the powers that be will continue to resist any attempt to open up the world of payments, but they’re unlikely to succeed forever. At some point, the combination of a clever new payment system and a market niche that needs it will be so useful that the world won’t let it die. And then, “suddenly”—after decades of waiting—we’ll see people sending money by email, new institutions floating their own currencies, and micropayments enabling sub-penny transactions that accumulate to form the basis of whole new industries."

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genjix
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December 29, 2011, 10:56:08 AM
 #1722

brilliant! I love seeing all these old school hackers come out of the woodwork.

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julz
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December 29, 2011, 02:38:19 PM
 #1723

Quote
Bitcoin – An Analysis

Erik Tews
2011-12-29

http://cryptanalysis.eu/blog/2011/12/29/bitcoin-an-analysis/


Kay Hamacher and Stefan Katzenbeisser presented their analysis of Bitcoin at 28C3.


video: http://www.youtube.com/watch?v=hlWyTqL1hFA

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I advocate the Zeitgeist Movement & Venus Project.


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December 29, 2011, 06:02:02 PM
 #1724

Quote
Bitcoin – An Analysis

Erik Tews
2011-12-29

http://cryptanalysis.eu/blog/2011/12/29/bitcoin-an-analysis/


Kay Hamacher and Stefan Katzenbeisser presented their analysis of Bitcoin at 28C3.



prerelease video: http://www.youtube.com/watch?v=rJN0Hm3srUc

I'm sad that the audience didn't point out the absurdity of some of their ideas and claims.

Bitcoin combines money, the wrongest thing in the world, with software, the easiest thing in the world to get wrong.
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December 30, 2011, 02:04:26 AM
 #1725

The Bitcoin price ($4) was the NPR Planet Money podcast's indicator for their Tuesday, Dec 27 episode:
  http://www.npr.org/blogs/money/2011/12/27/144323325/the-friday-podcast-the-rest-of-the-story


How often do you get the chance to work on a potentially world-changing project?
julz
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December 30, 2011, 02:52:28 AM
 #1726

Along with things such as email and facebook,  Bitcoin is listed as one of 100 things that 'supposedly' died in 2011.

Quote
Texting, the Cloud, and John Mayer Jokes: 100 Things That Died in 2011
Tech things people (mostly tech bloggers) have declared dead in 2011.

Adrianne Jeffries
2011-12-27

http://www.betabeat.com/2011/12/27/100-things-died-2011-tech-blog/

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julz
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December 30, 2011, 03:09:35 AM
 #1727

Article in Digital Gold Currency Magazine   - December 2011 Edition (page 30)

Quote
Decentralized Money: The Features of Bitcoin


http://www.dgcmagazine.com/PDF/50-Digital-Gold-Currency-Mag-December-2011.pdf

Bitcoin is an exciting young private
digital currency with a brand new
decentralized design. Payments
flow effortlessly from person to
person, transactions are free and
Bicoin has acquired a massive
army of global supporters.


Also perhaps of interest to some bitcoiners - A small article 'Open Transactions "Smart Contracts"'  page 23
followed by an article from Fellow Traveller 'How authorities can control things by failure to enforce things' which mentions bitcoin and silk road.


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julz
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December 30, 2011, 04:05:18 AM
 #1728

Linux Week In Review #29

Quote
TLWIR 29: Mozilla News, LibreOffice Chart Trick and Bitcoin Rises Again

Rex Djere
2011-12-29

http://beginlinux.com/blog/2011/12/tlwir-29-mozilla-news-libreoffice-chart-trick-and-bitcoin-rises-again/

Many pundits a few months ago predicted Bitcoin’s demise. They praised the noble vision of the technology, but cautioned that the inventor’s naivety didn’t change the fact that such a radical departure from norms could never succeed. I’m sure that similar things were said about GNU/Linux a decade ago.

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giszmo
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¡ɥɔʇɐʍ ʇsnɾ &#7


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December 30, 2011, 04:57:56 AM
 #1729

Quote
Bitcoin – An Analysis

Erik Tews
2011-12-29

http://cryptanalysis.eu/blog/2011/12/29/bitcoin-an-analysis/


Kay Hamacher and Stefan Katzenbeisser presented their analysis of Bitcoin at 28C3.



prerelease video: http://www.youtube.com/watch?v=rJN0Hm3srUc

I'm sad that the audience didn't point out the absurdity of some of their ideas and claims.

their ideas are total bullshit! sorry for posting here but the video really gets me mad.

julz
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December 30, 2011, 07:16:38 AM
 #1730

New York University Stern School of Business

Quote
NYU Stern Economics

Keeping Currency Valuable
2011-12-29

http://nyusterneconomics.wordpress.com/2011/12/29/keeping-currency-valuable/#more-220

...
We’ve seen cases of this happening during hyperinflations, but counterfeiting has the same effect.  An interesting place to see this, and many other monetary phenomena, play out is in the bitcoin market.
...
People fled the bitcoin — as they would any unstable currency — and prices never recovered.

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December 30, 2011, 07:48:07 AM
 #1731

mcafee threat predictions 2012 (PDF)

www.mcafee.com/us/resources/reports/rp-threat-predictions-2012.pdf

(Quoted The whole thing)

Quote
Virtual Currency
Virtual currency, sometimes called cybercurrency, has become a popular way for people to exchange
money online. Though not necessarily backed by tangible assets or even tangible commodities, services
such as Bitcoin allow users to make transactions through a decentralized, peer-to-peer network—
essentially electronic cash that allows direct, online payments. A user needs only client software and
an online wallet service to receive the “coins,” which are stored in the wallet and can be transferred
to others as payment for goods or services. For users to send or receive these coins, they simply need a
wallet address. Can you see both the problem and the opportunity?
Trojan malware easily fits into this architecture. The wallets are not encrypted and the transactions are
public. This makes an attractive target for cybercriminals. Several events of note took place in 2011
regarding virtual currencies:
• The Mt. Gox Bitcoin Exchange database was targeted by attackers who stole thousands of Bitcoins
Spam promoting fake Bitcoin mining tools was distributed. These tools actually contained malware
designed to send the victims’ wallet files to a remote location. It also allowed other miners to use the
infected computer for further Bitcoin mining.
• Bitcoin miner botnets were found in the wild. Using large numbers of infected machines, these botnets
could speed up Bitcoin mining and processing and could also launch DDoS attacks.

Source, Thanks to : No Agenda podcast 2:31:22 (-11:51) For ~10 second

Dvorak is clueless about the state of Bitcoin and think "the money is gone"

Quote
What happened to all the money !
http://nashownotes.com/2011/12/na36920111229

julz
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December 30, 2011, 01:00:13 PM
 #1732

28th Chaos Communication Congress

Quote
Electronic money: The road to Bitcoin and a glimpse forward
How the e-money systems can be made better

Peio Popov
2011-12-29

http://www.youtube.com/watch?v=KrhmvPI5rhY&feature=youtube_gdata

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paraipan
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December 30, 2011, 01:41:52 PM
 #1733

28th Chaos Communication Congress

Quote
Electronic money: The road to Bitcoin and a glimpse forward
How the e-money systems can be made better

Peio Popov
2011-12-29

http://www.youtube.com/watch?v=KrhmvPI5rhY&feature=youtube_gdata

so now we have ppl giving lectures to other not to mess with bitcoin because they could have legal problems. This guy appears to be on payroll of a multinational consulting firm or something, dunno, perfect image of a troll that has a task to formulate the "right" questions. This is only my opinion.

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julz
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December 30, 2011, 04:24:57 PM
 #1734

Quote
Money / Shiny new coins
The digital currency that could replace the shekel.

Chen Brand
2011-12-30


http://www.haaretz.com/weekend/magazine/money-shiny-new-coins-1.404597



Quote
Israel Media Discovers Bitcoin

Adrianne Jeffries
2011-12-30

http://www.betabeat.com/2011/12/30/israel-media-discovers-bitcoin/

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December 30, 2011, 04:29:43 PM
 #1735

Keep the good work Julz.

Happy 1000th post   Kiss Kiss Kiss

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December 30, 2011, 09:02:00 PM
 #1736

Keep the good work Julz.

Happy 1000th post   Kiss Kiss Kiss

+1 without the kissing  Smiley

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grondilu
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December 31, 2011, 11:09:21 AM
 #1737

Quote
Money / Shiny new coins
The digital currency that could replace the shekel.

Chen Brand
2011-12-30


http://www.haaretz.com/weekend/magazine/money-shiny-new-coins-1.404597



Quote
Israel Media Discovers Bitcoin

Adrianne Jeffries
2011-12-30

http://www.betabeat.com/2011/12/30/israel-media-discovers-bitcoin/

Jewish people getting interested in bitcoins?   BUY BUY BUY  Smiley
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December 31, 2011, 09:50:15 PM
 #1738

Keiser Report (E230)

Max Keiser mentions Bitcoin as one emerging trend for 2012.

http://youtu.be/QJ9ZEXm2aAM?t=16m24s

You guys have really come up with somethin'
julz
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January 01, 2012, 01:22:42 PM
 #1739

'Tyler Durden' at zerohedge apparently didn't get the news that Bitcoin is alive and kicking. He's not a fan anyway.
Edit: It's clear Tyler Durden is just an alias - but apparently it's a pseudonym for several writers
(thanks to Isosceles for pointing out that in this case it's Brandon Smith at alt-market: http://www.alt-market.com/articles/438-the-economic-solutions-of-vampires . Don't know how I missed that.)
The zerohedge site appears to be quite influential:   alexa rank 1,820    rank in US 830.


Quote
Guest Post: The Economic Solutions Of Vampires

'Tyler Durden'
2011-12-23

http://www.zerohedge.com/news/guest-post-economic-solutions-vampires


The suggestion that we can solve our current financial despair with the formation of a whole new currency, or a global currency, is like suggesting to a slave that he would be much more free with a shinier set of chains.  Any solution that purports to undo the crisis by doing more of the same was probably devised by an economic vampire.

This includes digital currencies like the failed “Bitcoin”, which swagger about in the classy looking threads of technology and diversity while flashing us impromptu peace signs.  Digital currencies are a Star Trek theme park distraction, and just like any paper fiat currency, they make promises they cannot keep.  Any trade system that depends upon good faith in ones and zeros traveling across a network of machines that can be hacked or rendered useless by collapse is doomed.  We have already tasted the danger of digital through the debauchery of credit cards.  Why tempt fate even further?  

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January 01, 2012, 04:59:13 PM
 #1740

If you read the header, that ZeroHedge post was a guest post from Brandon Smith at alt-market.com.
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