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Author Topic: Bitcoin press hits, notable sources  (Read 406855 times)
julz
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March 23, 2012, 12:27:33 AM
 #2021

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Should Africa Adopt a Shared Currency? And Should It Be Bitcoin?

Megan Garber
2012-03-22

http://www.theatlantic.com/technology/archive/2012/03/should-africa-adopt-a-shared-currency-and-should-it-be-bitcoin/254881/

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March 23, 2012, 12:38:20 AM
 #2022

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Bitcoin May Find a Fulfilling Market in Africa

Kit Dotson
2012-03-22

http://siliconangle.com/blog/2012/03/22/bitcoin-may-find-a-fulfilling-market-in-africa/

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March 24, 2012, 03:31:28 PM
 #2023

Looks like Jon Matonis's articles are a regular thing now in Forbes Smiley

Quote
Bitcoin Doesn't Need a Dongle

Jon Matonis
2012-03-24

http://www.forbes.com/sites/jonmatonis/2012/03/24/bitcoin-doesnt-need-a-dongle/?utm_source=twitterfeed&utm_medium=twitter



...dongles equip your mobile phone to accept and process credit cards securely by inserting the device into the smartphone’s 3.5mm audio input jack. Apparently, this passes for financial innovation in mobile payments but I file it under the ‘not-disruptive-enough’ category. Truly-disruptive financial innovation is already here with decentralized bitcoin. And, bitcoin doesn’t need a dongle!

...

The easiest way to circumvent the high-fee transaction networks is to utilize a different currency unit since it does not come with the same handicaps and legacy restrictions of a political currency unit. Erik Voorhees states that we need to advocate “the separation of money and state.”
..


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March 24, 2012, 03:59:15 PM
 #2024

Looks like Jon Matonis's articles are a regular thing now in Forbes Smiley

Quote
Bitcoin Doesn't Need a Dongle

Jon Matonis
2012-03-24

http://www.forbes.com/sites/jonmatonis/2012/03/24/bitcoin-doesnt-need-a-dongle/?utm_source=twitterfeed&utm_medium=twitter



...dongles equip your mobile phone to accept and process credit cards securely by inserting the device into the smartphone’s 3.5mm audio input jack. Apparently, this passes for financial innovation in mobile payments but I file it under the ‘not-disruptive-enough’ category. Truly-disruptive financial innovation is already here with decentralized bitcoin. And, bitcoin doesn’t need a dongle!

...

The easiest way to circumvent the high-fee transaction networks is to utilize a different currency unit since it does not come with the same handicaps and legacy restrictions of a political currency unit. Erik Voorhees states that we need to advocate “the separation of money and state.”
..


THIS is huge.  Matonis a regular?  Man oh man.
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March 24, 2012, 03:59:36 PM
 #2025

Looks like Jon Matonis's articles are a regular thing now in Forbes Smiley

Quote
Bitcoin Doesn't Need a Dongle

Jon Matonis
2012-03-24

http://www.forbes.com/sites/jonmatonis/2012/03/24/bitcoin-doesnt-need-a-dongle/?utm_source=twitterfeed&utm_medium=twitter



...dongles equip your mobile phone to accept and process credit cards securely by inserting the device into the smartphone’s 3.5mm audio input jack. Apparently, this passes for financial innovation in mobile payments but I file it under the ‘not-disruptive-enough’ category. Truly-disruptive financial innovation is already here with decentralized bitcoin. And, bitcoin doesn’t need a dongle!

...

The easiest way to circumvent the high-fee transaction networks is to utilize a different currency unit since it does not come with the same handicaps and legacy restrictions of a political currency unit. Erik Voorhees states that we need to advocate “the separation of money and state.”
..


Yep, and this is his blog page http://themonetaryfuture.blogspot.com/ where on the right side he has a Bitcoin address if you guys would like to show him some appreciation for his work.

My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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March 25, 2012, 03:06:22 AM
 #2026

The National is an 'Abu Dhabi Media company' English-language publication

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Murder now comes as an online option

Tony Glover
2012-03-25

http://www.thenational.ae/thenationalconversation/industry-insights/technology/murder-now-comes-as-an-online-option

...
Crucially, the would-be assassin also requests payment in an experimental new internet-based currency called Bitcoin, which uses the same sort of peer-to-peer software employed by digital video pirates to manage transactions and issue payments away from the watchful eye of any central fiscal authority.
...

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March 25, 2012, 03:11:46 AM
 #2027

The National is an 'Abu Dhabi Media company' English-language publication

Quote
Murder now comes as an online option

Tony Glover
2012-03-25

http://www.thenational.ae/thenationalconversation/industry-insights/technology/murder-now-comes-as-an-online-option

...
Crucially, the would-be assassin also requests payment in an experimental new internet-based currency called Bitcoin, which uses the same sort of peer-to-peer software employed by digital video pirates to manage transactions and issue payments away from the watchful eye of any central fiscal authority.
...
BMR has been around for a little while, and they only just noticed?

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
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March 25, 2012, 09:41:48 PM
 #2028

A single mention of bitcoins in a Reuters blog post by Felix Salmon: "a financial journalist, formerly of Portfolio Magazine and Euromoney, and a blogging editor for Reuters"

Quote
The problem of fake gold bars

Felix Salmon
2012-03-26

http://blogs.reuters.com/felix-salmon/


Any store of value has problems, be it fiat currency or sovereign debt or bitcoins.



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March 26, 2012, 10:45:31 AM
 #2029

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Scratches on the Surface of SHA256
A closer look at the cryptography in use for digital currency Bitcoin shows new vulnerabilities in SHA256, says Absa information security researcher Frans Lategan.

Press Release Issued by: ITP Communications, Johannesburg
2012-03-26

http://www.itweb.co.za/office/securitysummit2012/PressRelease.php?StoryID=228225

I thought it notable that a security consultant who works for a bank should choose to mention Bitcoins out of all the usecases for SHA256...
Quote
Lategan says his findings nevertheless indicate that vulnerabilities can exist even in trusted algorithms in use to protect currency as valuable and widespread as Bitcoin.

...it makes more sense however when you see the brief bio for Frans Lategan here:
Quote
Frans Lategan is a security consultant with Absa Bank. His presentation, titled SHA256 vulnerabilities exposed by Bitcoin, will contextualise Bitcoin, discuss the technical workings of Bitcoin and SHA256, and look at divergences between expected and actual findings for SHA256.

(from http://www.itweb.co.za/index.php?option=com_content&view=article&id=50468)



Discussion thread here: https://bitcointalk.org/index.php?topic=74122.0

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March 26, 2012, 10:48:40 AM
 #2030

I thought it notable that a security consultant who works for a bank should choose to mention Bitcoins out of all the usecases for SHA256...


He is taking 15 days to reveal his findings. This is an eternity.
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March 26, 2012, 10:54:29 AM
 #2031

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Bitcoin: a mobile money alternative

Gareth van Zyl, Editor - ITWeb Africa
2012-03-26

http://www.itweb.co.za/index.php?option=com_content&view=article&id=52931:[url]bitcoin:-a-mobile-money-alternative[/url]



Virtual currency Bitcoin could be an alternative to mobile phone payment systems in Africa, such as M-Pesa, say experts.
...

Secure to use?
E-money specialist Jon Matonis does, however, say that Bitcoins are safe to use, despite exchanges such as Mt Gox having had its security compromised.
“The cryptography is sound, as it is based on cryptographic primitives that have been peer-reviewed and tested.

Almost comical timing for the quote from Jon Matonis given the previous 'scratches on the surface of SHA256' Wink 
Still - if these scratches do weaken any aspects of bitcoin, they're probably also going to weaken a myriad of other systems that the military and traditional banks rely on. 

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March 26, 2012, 11:12:06 PM
 #2032

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Introduction To Bitcoins And The Tor Network

Jake Rocheleau
2012-03-26

http://www.hongkiat.com/blog/introductions-to-bitcoins-tor-network/

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March 27, 2012, 07:39:26 AM
 #2033

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Stossel's Currency Conundrum
Former Federal Reserve Economist David Barker discusses whether Americans should be able to print their own currency.

2012-03-02

http://video.foxbusiness.com/v/1484348139001/stossels-currency-conundrum

I didn't see this reported in this thread earlier this month. (?)

Thanks to Seth King & dailyanarchist...
Quote
Former Fed Economist Plugs Bitcoin

Submitted by Seth King
2012-03-26

http://dailyanarchist.com/2012/03/26/former-fed-economist-plugs-bitcoin/

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March 28, 2012, 02:03:22 AM
 #2034

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Why the P2P Foundation is paying its salaries in Bitcoin

Michel Bauwens
2012-03-28

http://blog.p2pfoundation.net/why-the-p2p-foundation-is-paying-its-salaries-in-bitcoin/2012/03/28

...
It is to demonstrate our commitment to such developments, that we will now pay our collaborators in a mix of currencies, and part of it will be in Bitcoin.
...


discussion: https://bitcointalk.org/index.php?topic=74404.0

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March 28, 2012, 08:56:55 PM
 #2035

Pretty good read: http://arstechnica.com/business/news/2012/03/p2p-botnets-the-bigger-they-come-the-faster-they-fall.ars

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March 29, 2012, 01:08:58 AM
 #2036

Interview with former Harvard President and US Treasury Secretary Larry Summers

http://www.technologyreview.com/business/39962/

Quote
Conceptually, money can exist without a central authority. The United States only got a central bank in 1913, and we were a country with a functioning economy before 1913. There are also private issuers of things that function very much like money—think about Crimson Cash here at Harvard, or American Express traveler's checks.

Bitcoin is one of many innovative technologies that are going to seek to take friction out and provide services to people. You can make a priori arguments about how it will work very well, and you can also raise concerns a priori. And I think if we know anything about new technologies, you just have to wait and see what happens in the marketplace. Everyone thought New Coke would be better than old Coca-Cola and take things by storm, and [former IBM CEO] Tom Watson thought there was only demand in the world for 10 or 12 computers. And so I think history teaches that you can't really forecast which kinds of innovations will ultimately become networked and get to scale.


I can feel a change in the way that media is treating Bitcoin. It's not so long ago that Paul Krugman said Bitcoin was a bad idea and now we have a big shot like Summers saying that Bitcoin is "innovative". It's only a matter before some Wall St hotshot starts to publicly pump Bitcoin!
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March 29, 2012, 01:57:48 AM
 #2037

Interview with former Harvard President and US Treasury Secretary Larry Summers

http://www.technologyreview.com/business/39962/

Quote
Conceptually, money can exist without a central authority. The United States only got a central bank in 1913, and we were a country with a functioning economy before 1913. There are also private issuers of things that function very much like money—think about Crimson Cash here at Harvard, or American Express traveler's checks.

Bitcoin is one of many innovative technologies that are going to seek to take friction out and provide services to people. You can make a priori arguments about how it will work very well, and you can also raise concerns a priori. And I think if we know anything about new technologies, you just have to wait and see what happens in the marketplace. Everyone thought New Coke would be better than old Coca-Cola and take things by storm, and [former IBM CEO] Tom Watson thought there was only demand in the world for 10 or 12 computers. And so I think history teaches that you can't really forecast which kinds of innovations will ultimately become networked and get to scale.


I can feel a change in the way that media is treating Bitcoin. It's not so long ago that Paul Krugman said Bitcoin was a bad idea and now we have a big shot like Summers saying that Bitcoin is "innovative". It's only a matter before some Wall St hotshot starts to publicly pump Bitcoin!

real good find.  someone at his level with his kind of influence is big.

Summers is also known for his interpretation of Gibson's Paradox.
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Let's talk governance, lipstick, and pigs.


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March 29, 2012, 02:02:38 AM
 #2038

http://www.businessdailyafrica.com/Opinion+++Analysis/Online+currency+faces+challenges+++/-/539548/1375432/-/1l2quhz/-/

Quote
In some places, large networks of illegal money changers are used for cross-border payments.
That situation is part of the reason for the early success in Africa of mobile-phone payment systems such as Kenya’s Mpesa, which allows users to send each other money using text messages.
Koch believes that mobile payments built around Bitcoin could be even more useful.
“It’s interesting to see how creative Africans can be about transferring money,” says Koch. “They really think seriously about a cashless society.”
Necessity is a mother.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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March 29, 2012, 06:02:12 AM
 #2039

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What Does “the Market” Mean to You?

Joel Bowman for The Daily Reckoning
2012-03-28

http://www.businessinsider.com/what-does-the-market-mean-to-you-2012-3


A recent column that appeared on Forbes.com went all the way to synthesizing two aspects of this market that your editor has addressed in these pages before: System D as a market itself and Bitcoin, the bare-knuckeled cyber-cryptocurrency tapped by adherants as the answer to the tyranny of central banking, as a viable currency to carry and facilitate transactions within it.
Both topics are relatively new; Bitcoin is barely 3 years old and, although System D has been around since people first began contracting and exchanging goods and ideas — or rather, since people claiming the right to do so began trying to regulate and tax them — Neuwirth’s book, published just last year, is the first real effort at quantifying it.


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March 29, 2012, 03:51:51 PM
 #2040

This is not actual news but I just want to say that I attempted a positive Bitcoin submission at Slashdot. It did not reach front page however and I'm disappointed. I'll link my submission anyway, if you guys want to look at it.

http://slashdot.org/submission/1999883/the-former-us-treasury-secretary-calls-bitcoin-an-innovation

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