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Author Topic: Bitcoin press hits, notable sources  (Read 406790 times)
ChupacabraHunter
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April 09, 2012, 09:15:11 AM
 #2101

Hi Everyone,

Let's try to reach an audience of 800000+ facebook users through the Samsung NX page. Amazing photographer Boris Austin put up a series of 10 pictures explaining why the world needs Bitcoin!

I think this is the most concise and creative promotion for Bitcoin made so far for an audience of non-technical users.

To view, please go to this link:

https://apps.facebook.com/nxphotoexhibition/

(To find the photos: Like the page, click on Boris Austin, enter his gallery, it's on the left wall)


If you like the photos and the girl in it; 'Like', comment and spread the message! You can even enter the Name & Share contest, and win something from Samsung.

We just need to enter a title for this photo:

https://m.facebook.com/photo.php?fbid=10150671828937655&id=192771932654&set=a.458247337654.249855.192771932654&__user=1380937650

And to view on YouTube:

http://www.youtube.com/watch?v=hO5ondiZTH4&feature=youtu.be

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April 09, 2012, 12:57:42 PM
 #2102

Hi Everyone,

Let's try to reach an audience of 800000+ facebook users through the Samsung NX page. Amazing photographer Boris Austin put up a series of 10 pictures explaining why the world needs Bitcoin!

I think this is the most concise and creative promotion for Bitcoin made so far for an audience of non-technical users.

To view, please go to this link:

https://apps.facebook.com/nxphotoexhibition/



I can't see these.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
ChupacabraHunter
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April 09, 2012, 01:18:48 PM
 #2103

Hi Everyone,

Let's try to reach an audience of 800000+ facebook users through the Samsung NX page. Amazing photographer Boris Austin put up a series of 10 pictures explaining why the world needs Bitcoin!

I think this is the most concise and creative promotion for Bitcoin made so far for an audience of non-technical users.

To view, please go to this link:

https://apps.facebook.com/nxphotoexhibition/



I can't see these.

It is a bit weird, how that facebook app works. Try again after "Like"-ing the Samsung NX page, and clicking on the Enter Gallery button, and then you can see Boris Austin... good luck

if you are impatient, I found this to view the 10 photos:

https://picasaweb.google.com/lisakishawi/BitcoinForTheWorld
julz
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April 09, 2012, 08:04:40 PM
 #2104

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CoinDL: "iTunes Of The Bitcoin World". Can Digital Currency Create New Music Revenue Stream?

Clyde Smith
2012-04-09

http://www.hypebot.com/hypebot/2012/04/coindl-launches-itunes-of-the-bitcoin-world-employing-new-digital-currency.html

...
It's unclear whether or not this development can lead to a legitimate revenue stream but it's quite interesting in the short term and certainly opens up the possiblity of a bit of media attention for early adopters in the music world.
...

@electricwings   BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
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April 10, 2012, 04:50:10 AM
 #2105

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Dropping the penny was just the beginning as the Canadian Mint seeks digital future

2012-04-09

http://news.nationalpost.com/2012/04/09/mintchip-royal-canadian-mint/

...
In a recent post, Bitcoin Magazine writer Vitalik Buterin called MintChip “a sign of things to come.” Nevertheless, he questioned MintChip’s security, noting that “unhackable” chips had been hacked in the past with electron microscopes, needles and acid.
...

@electricwings   BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
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April 11, 2012, 08:45:47 AM
 #2106

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No Money, No Problems: Canada Considers Completely Digital Currency

Keith Wagstaff
2012-04-10

http://techland.time.com/2012/04/10/canadian-government-considers-completely-digital-currency/

...
If this all sounds a lot like BitCoin — the favorite currency of techies and libertarians alike — that’s because it is, according to the National Post:
...

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April 11, 2012, 11:34:43 PM
 #2107

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Don't Bank On Digital Currency 'Bitcoin' Replacing The Dollar

Ben DeMeter
2012-04-11

http://www.businessinsider.com/dont-bank-on-digital-currency-bitcoin-replacing-the-dollar-2012-4

What a nasty little piece of FUD this is:
Quote
It’s not just safety that has us concerned about Bitcoin, though. We’re also skeptical about how “decentralized” this digital currency can really be. Though the official wiki claims that the protocol is now mandated by community consensus, it’s impossible to ignore the power that the original developers have over the system.

They have a skeleton key that gives them control of the whole machine, any time they want.

@electricwings   BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
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April 11, 2012, 11:36:06 PM
 #2108

Congrats, author Ben DeMeter ... you win the prize!   It's been quite some time since there has been so much fail in a single article.

Quote
At the moment, the average Bitcoin transaction fee is .99%, while Square and PayPal’s processing apps charge 2.75% and 2.7% per swipe of your credit card.

Quote
In Africa, where inflation is out of control, many merchants are choosing to hang onto their bitcoins so that they don’t have to push around wheelbarrows full of $100 trillion notes.
And I think I once read on the internets that in China they're trading kidneys for bitcoins!  (incidentally Kenya leads the list as being the country in Africa with the most bitcoin nodes ... 5: http://pastebin.com/G4dq2vcC )

Quote
Unlike your credit card, Bitcoin currently provides no protection or compensation in the event of fraud. Recently, a hacker managed to raid several Bitcoin “bank” accounts – the credit and debit accounts of “rich” Bitcoin users – around the world and got away with $228,845.

Now that money is gone.  In theory, security analysts should be able to trace IP activity while the raids happen, thereby snaring the thieves.
"Rich" Bitcoin users?  How the hell did the Linode breach get spun as "rich users" getting their coins stolen?  And "credit and debit accounts" LOL

Quote
We’re also skeptical about how “decentralized” this digital currency can really be. Though the official wiki claims that the protocol is now mandated by community consensus, it’s impossible to ignore the power that the original developers have over the system.

They have a skeleton key that gives them control of the whole machine, any time they want.

Quote
In the U.S., the Federal Reserve handles the printing and regulation of the dollar.

If the bitcoin is to become a widely accepted global currency, a regulating agency more complex and thorough than the Fed is required.

Quote
In fact, the market price for Bitcoin has been plummeting since 2011.

Quote
It’s easy to see how Bitcoin might remain a fixture on the black market and within the larger shadow economy for years to come. But as for your mobile phone? You might as well pass now and save yourself the trouble.

 - http://www.businessinsider.com/dont-bank-on-digital-currency-bitcoin-replacing-the-dollar-2012-4

Oh, and DeMeter's angle?  http://www.creditcardassist.com  (a credit card comparison site)

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April 11, 2012, 11:49:50 PM
 #2109

Wow, that's awful.  Someone should email the editor of that site and inform them of how little DeMeter actually knows about the subjects he writes about!

EDIT:
CEO / Editor-in-Chief: Henry Blodget - hblodget@businessinsider.com
COO / Publisher: Julie Hansen - jhansen@businessinsider.com
julz
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April 12, 2012, 02:44:06 AM
 #2110

Eric Thomson is an independent economist in Ottawa, Ontario.
Quote
The Canadian Mint Has Unveiled the Blueprint of Bitcoin Successor

Eric Thomson
2012-04-11

http://envelopeeconomics.com/2012/04/11/canada-has-unveiled-the-bitcoin/


...
I am certain that someone will develop an app that will allow people to trade Canadian dollars anonymously via cellphones or the internet, thus eliminating the only small advantage that Bitcoin had. Once mints and central banks around the world start unveiling similar portable digital wallets, and developers swiftly move in to ensure that transactions can be done anonymously, the Bitcoin experiment will end.

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payb.tc
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April 12, 2012, 02:48:20 AM
 #2111

Eric Thomson is an independent economist in Ottawa, Ontario.
Quote
The Canadian Mint Has Unveiled the Blueprint of Bitcoin Successor

Eric Thomson
2012-04-11

http://envelopeeconomics.com/2012/04/11/canada-has-unveiled-the-bitcoin/


...
I am certain that someone will develop an app that will allow people to trade Canadian dollars anonymously via cellphones or the internet, thus eliminating the only small advantage that Bitcoin had. Once mints and central banks around the world start unveiling similar portable digital wallets, and developers swiftly move in to ensure that transactions can be done anonymously, the Bitcoin experiment will end.

dear eric, anon transactions are great, but you forgot the issue of 'quantitative easing'.
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April 12, 2012, 03:12:13 AM
 #2112

Eric Thomson is an independent economist in Ottawa, Ontario.
Quote
The Canadian Mint Has Unveiled the Blueprint of Bitcoin Successor

Eric Thomson
2012-04-11

http://envelopeeconomics.com/2012/04/11/canada-has-unveiled-the-bitcoin/


...
I am certain that someone will develop an app that will allow people to trade Canadian dollars anonymously via cellphones or the internet, thus eliminating the only small advantage that Bitcoin had. Once mints and central banks around the world start unveiling similar portable digital wallets, and developers swiftly move in to ensure that transactions can be done anonymously, the Bitcoin experiment will end.

looks like just a hit piece to me.  who controls the Canadian currency again?  Oh yeah, just look at the obverse of any canadian coin or bill.  freaking lizards
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April 12, 2012, 03:43:32 AM
 #2113

Abstract of a paper to be presented at VB 2012 in Dallas, 26-28 September 2012
The Virus Bulletin International Conference is a major anti-malware conference - about to host its 22nd annual event.

Quote
Malware taking a bit(coin) more than we bargained for   (Abstract)

Amir Fouda Microsoft
2012-04

http://www.virusbtn.com/conference/vb2012/abstracts/Fouda.xml

Social and technological change often creates new opportunities for positive change. Unfortunately, it also means more opportunities for crime. So, when a new system of currency gains acceptance and widespread adoption in a computer-mediated population, it is only a matter of time before malware authors attempt to exploit it. As of half way through 2011, we started seeing another means of financial profiteering being perpetrated by the malware authors; they started targeting Bitcoins.

Bitcoin mining and stealing functionality has been discovered in a number of the most notable and prevalent malware families, including Alureon, Sirefef and Kelihos. Notably, Bitcoin being open-sourced software means that Windows users are not the only target. Cross-platform attacks have already been seen, with OS X threats such as MacOS_X/DevilRobber.A emerging on the scene in October 2011.

The very nature of the way Bitcoin operates also has telling implications. Bitcoin mining is a legitimate part of the system, allowing Bitcoin clients to compete with other clients in performing complex calculations using the computer's processing power, aiding in the flow of transfers and thus generating Bitcoins for the winning miner. The potential for botmasters is clear: the more computers and resources they can control in this distributed computing technique, the more they are likely to profit.

This paper examines the various malware families that target this currency, provides an analysis of how these families target Bitcoins, and details the methods they use to steal and mine this increasingly popular digital currency. This paper will also give an insight into how malware authors and cybercriminals may exploit the Bitcoin system for their own financial gain, and details what the future holds for this form of exploitation.

@electricwings   BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
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April 12, 2012, 10:32:10 AM
 #2114

Banks Will End Up Obsolete as Silent-Film Stars, Unless....
by Kosta Peric
Head of innovation, SWIFT

Quote
But the banks are under pressure today to change, due to several factors:

- The advent of complementary currencies (such as airline miles or Facebook credits) and digital currencies (such as Bitcoin and Ven)
- The advent of easy, inexpensive person-to-person international payment schemes (Paypal and others)
- The advent of telecom operators as payment processors in mobile payments schemes not involving banks.

 - http://www.americanbanker.com/bankthink/innovation-disruptive-technology-BankSimple-Movenbank-Bitcoin-1048311-1.html

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April 12, 2012, 02:12:07 PM
 #2115

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MintChip Misses the Point of Digital Currency

Jon Matonis
2012-04-12

http://www.forbes.com/sites/jonmatonis/2012/04/12/mintchip-misses-the-point-of-digital-currency/

Ironically, one of the leading ideas for the use of MintChip in the MintChip Challenge is to purchase bitcoin with it since it’s irreversible.

@electricwings   BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
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April 12, 2012, 03:02:50 PM
 #2116

Stephen and Julz, please post your bitcoin addresses to receive some tips.
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April 13, 2012, 01:26:42 AM
 #2117

I'll start posting press hits as their own thread from now.

For the subject... I'm using  the format:  'iso date'  'domain'  'article title'

(Due to subject length limitations - article title will probably often be truncated in the subject line.)


@electricwings   BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
jgarzik
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April 13, 2012, 01:45:51 AM
 #2118

Locking this topic.

Please post new press hits in the Press board.  Create a new thread for each new story.


Jeff Garzik, bitcoin core dev team and BitPay engineer; opinions are my own, not my employer.
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