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Author Topic: Bitcoin press hits, notable sources  (Read 406814 times)
genjix
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March 17, 2012, 04:52:19 PM
 #2001

Broke artists dressed in drag making rap videos invest in bitcoin? They are begging for donations. I hardly think of them as an investor. No, the message they give out for the minimal cost they accrue (supported by voluntary patronage) is fantastic! I'm super happy they are making such high quality videos for really cheap AND accepting bitcoins.

Or would you prefer them to sing about Celebrity and Starbucks and instead those bitcoin donations they got, instead go towards speculation on MtGox and paying MagicalTux's debt (which he still hasn't paid back to many). I think this is a great use of bitcoins (funding culture and the internet), and the main reason I got into it. It demonstrates to an outside audience that bitcoin is more than drugs, paedophiles, money laundering and organised crime. Bitcoin is world changing, and Juice Rap New's lyrics echo the world changing sentiments of these times.

I cannot think of a better use for bitcoins possible now.
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pastory99
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March 19, 2012, 12:47:23 AM
 #2002

Bitcoin Media: Juice Rap News joins Bitcoin’s struggle

"Juice Rap News relies heavily on viewer support and is fortunate to receive donations from people all around the world – it helps us to remain completely independent.

Most donations, however, come to us via PayPal (booo), and since the illegal banking blockade on WikiLeaks, in which PayPal still participates, we have become more and more uncomfortable with this situation. Over the past year we have also been receiving regular and sometimes rather insistent emails asking why on earth we were not accepting Bitcoin donations. (“Do you accept them?! If not, will you?” – is one of the latest)."

By Giordano & Hugo (JuiceRapNews)

someone mentioned that while it is seemingly good that they accept donations it would be more preferable if some of these companies or organizations actually invested in the Bitcoin community itself.
This could be a huge benefit but would have a major impact. Do we want these companies or organizations running the bitcoin community as well?

molecular
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March 19, 2012, 10:33:05 AM
 #2003

Quote from: cypherdoc
someone mentioned that while it is seemingly good that they accept donations it would be more preferable if some of these companies or organizations actually invested in the Bitcoin community itself.
This could be a huge benefit but would have a major impact. Do we want these companies or organizations running the bitcoin community as well?

What are you talking about? This is not some big organization, but basically some aussie dude (a very knowledgeble and cool one, but nevertheless) and his friends making insightfull rap news videos. They need some donations for costumes and stuff. The best they could do in terms of helping the community is to mention bitcoin in one of their vids. The community is running itself quite well.

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BitcoinBug
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March 19, 2012, 12:32:35 PM
 #2004

Could Bitcoin Become the Currency of System D?

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Bitcoin is barely three years young. Any bootstrapped currency initially will have a chicken-and-egg problem due to the fact that a currency’s overall success is determined by its network effect and pervasive spread. Critics of bitcoin as a currency are quick to point out that not many merchants accept it as a payment type yet. That will change. And, they also point out that the total available market is severely limited. Oh, how wrong!  Bitcoin’s first potential mega-market just so happens to be the second largest economy in the world and its sole competitor in that sphere is depreciating government paper cash. Game on.
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March 19, 2012, 10:40:53 PM
 #2005

No mention of bitcoin but GAME ON!

http://www.cbsnews.com/8301-202_162-57399610/sweden-moving-towards-cashless-economy/
cbeast
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March 20, 2012, 02:50:44 AM
 #2006

http://www.gwern.net/Bitcoin%20is%20Worse%20is%20Better

Quote
It may be that Bitcoin's greatest virtue is not its deflation, nor its microtransactions, but its viral distributed nature; it can wait for its opportunity. "If you sit by the bank of the river long enough, you can watch the bodies of your enemies float by."
and laugh...

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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March 20, 2012, 06:54:42 AM
 #2007

Could Bitcoin Become the Currency of System D?

Quote
Bitcoin is barely three years young. Any bootstrapped currency initially will have a chicken-and-egg problem due to the fact that a currency’s overall success is determined by its network effect and pervasive spread. Critics of bitcoin as a currency are quick to point out that not many merchants accept it as a payment type yet. That will change. And, they also point out that the total available market is severely limited. Oh, how wrong!  Bitcoin’s first potential mega-market just so happens to be the second largest economy in the world and its sole competitor in that sphere is depreciating government paper cash. Game on.
Game on indeed.
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March 20, 2012, 11:54:29 AM
 #2008

Discussion thread: https://bitcointalk.org/index.php?topic=69545.0;topicseen

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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March 20, 2012, 12:01:32 PM
 #2009

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March 20, 2012, 01:18:37 PM
 #2010

Just a brief mention in this article - quoted paragraph is the only mention of Bitcoin.

Quote
Nickeled and Dimed
Would the United States save money by switching to a cashless economy?

Jeremy Stahl
2012-03-19

http://www.slate.com/articles/business/cashless_society/2012/03/cashless_society_how_much_would_the_united_states_save_by_ditching_paper_money_.html


Of course, not everybody who wants to buy products anonymously is a tax cheat or a pirate. Any digital currency alternative will have to balance the government’s desire to enforce its laws with the citizen’s desire for privacy. Cashless boosters acknowledge this fact, while insisting there are anonymous technological solutions available even if none have gone mainstream. Free University of Brussels economics professor Leo Van Hove, who has been studying electronic currency for more than a decade, points to the rarely used Belgian stored-value Proton card, the defunct, digitally encrypted Dutch payment scheme Digicash, and Digicash’s successor electronic currency Bitcoin. These models all have flaws—Bitcoin lacks the stability and ubiquity of the dollar and the small merchants who were targeted to use Proton didn’t like the electronic trail it left for tax officials. But they’re at least a proof of concept that secure, anonymous (for consumers) digital currency systems are technology feasible.

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March 20, 2012, 05:57:21 PM
 #2011

http://www.mainstreet.com/article/smart-spending/technology/mobile-banking-apps-lack-what-customers-actually-want

attention all Android developers.
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March 20, 2012, 06:04:05 PM
 #2012


This thread is really starting to stray from its original purpose, Bitcoin press hits.

www.bitcoin.se - Forum, nyheter och information på svenska! (Forum, news and information in Swedish)
julz
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March 21, 2012, 03:16:56 AM
 #2013

Glenn McMahon - an independent UK journalist interviews Peter Sunde at the London Web Summit

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Pirate Bay founder warns of cashless consequences

Glenn McMahon
2012-03-21

http://glennmcmahon470.wordpress.com/2012/03/21/pirate-bay-founder-warns-of-cashless-consequences/


Alternative payment systems such as Bitcoin – where virtual cash stored on a personal device can be sent directly to recipients without being easily monitored – could help solve the problem was it not for the mountain of expensive legislation between those wanting to enter the banking sector and operating legally, Sunde said.

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March 21, 2012, 05:41:27 AM
 #2014

The digital detective: Mikko Hypponen's war on malware is escalating

Supposedly in the April 2012 issue "This article was taken from the April 2012 issue of Wired magazine." 

On page 2:
Quote
"This guy is selling UK and European dumps [the personal information contained on the magnetic strip of a credit card]," Hypponen says, scrolling down the page and reading the small ads. "Here are 'Bank accounts from Asia, EU... high valid rate', and 'Bank accounts from the UK, Germany, Russia all obtained with SpyEye'." He reaches an advertisement for a botnet: "Here we are: 'Denial of service: standard host or domain taken down one hundred bucks per day. Payment: Western Union, MoneyGram, Bitcoin."

According to Hypponen, the cost of a ­botnet depends on the territory -- North American and European computers are most valuable; at the other end of the spectrum are the Russian and ­Chinese. He continues reading the list, pausing at an advert for an available hired assassin. "Former French Foreign Legion. No fish too big no job too small". Potential clients are advised that the cost of the service is $20,000 (£12,779), to be paid in Bitcoin, and that they will be billed for travel expenses.


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julz
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March 21, 2012, 05:45:41 AM
 #2015

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Bitcoin Seeks New Life In Africa
A digital currency without a central bank could be ideal for economies where the mobile phone is king but the banking systems are weak.

Tom Simonite
2012-03-21

http://www.technologyreview.com/business/39829/?p1=BI

...
But Omwansa says that although he is familiar with Bitcoin, most in Africa are not. "Hardly anyone I know has heard about it," he says.

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kiko
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March 21, 2012, 11:59:27 AM
 #2016

This is an almost press hit.
Seems to go out of its way not to mention bitcoin. 

Eric Schmidt's recent comments are raised. Both David Birch and Jon Matonis are also quoted.

Sorry if anyone gets hit by the paywall on this.

FT.com: Finance - more flash than cash.
Byline: New payment systems are raising concerns about privacy and security

http://www.ft.com/cms/s/0/63a21dcc-6f68-11e1-9c57-00144feab49a.html

friedcat
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March 21, 2012, 12:41:17 PM
 #2017

http://www.mittrchinese.com/single.php?p=182636

Translated from English. The original article is claimed to be found in Technology Review.

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March 21, 2012, 04:28:01 PM
 #2018

How to decentralise money - Flattr Founder Peter Sunde at #LWS

Short interview with Peter Sunde. Surprise surprise, he talks largely about Bitcoin.

http://www.youtube.com/watch?v=np-EKzP_Xtk

Quote
At the London Web Summit, just before participating to the "The Future of Money" panel, Peter Sunde (@brokep) from Flattr describes how money and value work and SHOULD work on Internet.

More info:
http://flattr.com

All London Web Summit videos:
http://visionon.tv/plugandplay/

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julz
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March 21, 2012, 11:35:23 PM
 #2019

Another mention in a Slashdot summary.
Quote
Surviving the Cashless Cataclysm

2012-03-21

http://news.slashdot.org/story/12/03/21/2148243/surviving-the-cashless-cataclysm


MrSeb writes
"There's been a lot of noise about Sweden becoming a cashless economy, and the potential repercussions that it might cause, most notably the (apparent) annihilation of privacy. Really, though, I think this is a load of hot air. Physical money might be on the way out, but that doesn't mean the end of anonymous, untraceable cash — it'll just become digital. If Bitcoin has taught us anything, it's possible to create an irreversible, cryptographic currency — but so far it has failed because it doesn't have sovereign backing. What if the US or UK (or any other country for that matter) issued digital cash? We would suddenly have an anonymous currency that can be kept on credit chips (or smartphones) and traded, just like paper money. No longer would handling money require expensive cash registers, safes, and secure collections; your smartphone could be your point of sale. It won't be easy to get governments to pass digital cash into law, though, not with big banks and megacorps lobbying for centralized, electronic, traceable currency. Here's hoping Sweden makes the right choice when the referendum to retire physical money finally rolls around."

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March 22, 2012, 01:33:55 AM
 #2020

"tremendous following"  Smiley

Quote
In the United States, despite the high-profile prosecution of Liberty Dollar founder Bernard Von NotHaus, more than a few alternative currencies are already in circulation as well. Examples include Detroit “Cheers,” “BerkShares” in Massachusetts, and “Ithaca Hours” in New York. So-called digital gold currencies are also attracting more and more users. And an online currency system known as "BitCoin" has gained a tremendous following in a relatively short period of time.

And at the state level, even governments are taking action. Utah, for example, officially made gold and silver into legal tender last year. And several states are considering similar legislation as the Federal Reserve and the U.S. dollar come under increasing pressure.

 - http://www.thenewamerican.com/world-mainmenu-26/europe-mainmenu-35/11265-greeks-adopt-alternative-currencies-as-economy-implodes

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