Bitcoin press hits, notable sources

[payb.tc]

Traditional money has become an absolute nightmare.

Relatively speaking, I mean.

absolutely relative or relatively absolute?

thanks for the links julz.

[1714029824]

1714029824

[fivebells]

...as long as China doesn't shoot itself in the foot first.

China has been implementing a slow-motion GSW to the foot for decades, same as every developed nation.  (They learned the model from us.)

http://www.nakedcapitalism.com/2011/08/chinese-banks-these-things-arent-banks.html

[julz]

The Cost of Virtual Currency

Jake Perry
2011-09-26

http://mantlethought.org/content/cost-virtual-currency


'This summer has been bookended by two fairly significant events that have put the concept of virtual money squarely back on the table. The first was the hacking of a Bitcoin (an “experimental new digital currency that enables instant payments to anyone”) account in June, and now the soft launch of Google Wallet, Google’s new Android app that turns a phone into a wallet.'

[sirk390]

Biggest national french newspaper (source:http://fr.wikipedia.org/wiki/Presse_en_France) discusses the case between SAS Macaraja (Mt Gox) and CIC.
Justice determines the legal status of bitcoin.

http://www.leparisien.fr/economie/la-justice-va-se-prononcer-sur-le-statut-du-bitcoin-26-09-2011-1626642.php
http://www.aujourdhui-en-france.fr/economie/la-justice-va-se-prononcer-sur-le-statut-du-bitcoin-26-09-2011-1626642.php
translation: http://pastebin.com/wBjxGubh

[fivebells]

Can you summarize the outcome for those of us who don't speak French?

[sirk390]

Can you summarize the outcome for those of us who don't speak French?

I added a translation of the article. There isn't yet an outcome. 
The case will be heard on 18 octobre 10AM at the "Tribunal de commerce de Créteil".

[julz]

While the silver bitcoin thing is interesting - this author doesn't seem to understand that they're not actual bitcoins.
The article would have been much better if it was about the casascius coins.
By the time I saw this article - Erik Voorhees had already corrected him in the comments. Good to see the bitcoin media-watchdogs on the ball!

Digital Bitcoins Become Real, Shiny

2011-09-27
Conner Flynn

http://technabob.com/blog/2011/09/27/digital-bitcoins-become-real/

Silver, like gold, is going up, up, up.

Really???

[julz]

Some more fairly mainstream coverage in China.  (originally in Chengdu Daily)

Virtual "bit money" flowing into China without legal protection, experts

2011-09-27

http://tech.sina.com.cn/i/2011-09-27/14416117802.shtml

http://translate.google.com.au/translate?hl=en&sl=zh-CN&u=http://tech.sina.com.cn/i/2011-09-27/14416117802.shtml&ei=NqmCTreQMo75mAXmlIQ_&sa=X&oi=translate&ct=result&resnum=2

[netrin]

比特币
Referring to: http://www.bitecoin.com/
Translated: http://translate.google.com.au/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fwww.bitecoin.com%2F

I guess that's bitcoin in hanyu. For more Chinese search results: http://www.google.com/search?channel=fs&q=比特币

Has this been mentioned here?: https://btcchina.com/

[julz]

Bitcoin 0.4.0 Will Secure Your Wallet With Native Encrpytion

Kit Dotson
2011-09-27

http://siliconangle.com/blog/2011/09/27/bitcoin-0-4-0-will-secure-your-wallet-with-native-encrpytion/

pointer to same article also wsj onespot feed.
http://onespot.wsj.com/business/2011/09/27/a3b43/bitcoin-040-will-secure-your-wallet-with

[phatsphere]

today bitcoins are in german public tv (zdf) late night, opening story lasting a few minutes.

http://www.elektrischer-reporter.de/phase3/video/251/

[julz]

Taking a Look at Both Sides of Bitcoin

Francois Paget
2011-09-28


http://blogs.mcafee.com/mcafee-labs/taking-a-look-at-both-sides-of-bitcoin


If you want to read more about Bitcoin, I recommend Gavin Andresen’s (from acm.org) presentation: “Bitcoin, the World’s First Person-to-Person Digital Currency” and the Raulo white paper: “Optimal Pool Abuse Strategy.” Regarding the various Bitcoin attack vectors, the following Defcon-19 hacking conference white paper is a must-read: “Hacking the Global Economy with GPUs, or How I Learned to Stop Worrying and Love Bitcoin.”

[julz]

Never Trust A VPN Provider That Doesn't Accept Bitcoin

Rick Falkvinge
2011-09-27

http://falkvinge.net/2011/09/27/never-trust-a-vpn-provider-that-doesnt-accept-bitcoin/

This is interesting as a potential class of service for which Bitcoin is the preferred/only payment method, and therefore a driver for base Bitcoin demand.

[julz]

Should Bitcoins Become Illegal Digital Currency?

Attorney Mike Young's Internet Lawyer Blog
2011-09-29

http://mikeyounglaw.com/internet-lawyer/bitcoin-digital-currency/


"Bitcoin digital currency differs from traditional currencies and has become an increasingly prominent method of payment in the world of internet commerce."

"Though no legislative efforts have yet been undertaken to restrict or ban the usage of Bitcoin digital currency, the United States will perhaps soon see efforts made to stop illegal drug trafficking through placing impediments on the usage of Bitcoin digital currency."

[fivebells]

"Though no legislative efforts have yet been undertaken to restrict or ban the usage of Bitcoin digital currency, the United States will perhaps soon see efforts made to stop illegal drug trafficking through placing impediments on the usage of Bitcoin digital currency."

They used very weak reasoning, based on Chuck Schumer's rant about Silk Road.  Definitely a plausible scenario, but they give no new evidence for it.

[julz]

Who keeps your secrets: Some VPN anonymity providers sound noble; others are just icky

Kevin Fogarty
2011-09-23
http://www.itworld.com/security/206429/who-trust-your-secrets-some-vpn-anonymity-providers-sound-noble-others-are-just-icky



"AirVPN allows customers to sign up and pay for the service using digital Bitcoin reseller networks and to use the TOR VPN network when buying an account at Bitcoin, to keep from leaving a trail of IP addresses to the point at which you paid."



Same article also in pcworld.

Which VPN Anonymity Providers Keep Secrets
Kevin Fogarty
2011-09-25
http://www.pcworld.com/article/240576/which_vpn_anonymity_providers_keep_secrets.html

[julz]

Bitcoin, money hacker learns to speculate

Luke Pautasso
2011-10-02

http://www.linkiesta.it/bitcoin-la-moneta-degli-hacker-impara-speculare


http://translate.google.com/translate?sl=it&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fwww.linkiesta.it%2Fbitcoin-la-moneta-degli-hacker-impara-speculare&act=url

Linkiesta is an independent Italian online newspaper of investigative journalism, in-depth analysis and commentary.

Nice to see the Casascius coin images being used!

[julz]

The Crypto-Currency
Bitcoin and its mysterious inventor.

Joshua Davis
OCTOBER 10, 2011 (print edition date)  -  2011-10-02 ? (web abstract only)

http://www.newyorker.com/reporting/2011/10/10/111010fa_fact_davis

The article gets a positive mention in nypost:

This week’s New Yorker offers at least two signals that our nation is indeed gurgling down the drain: 1) The government of North Carolina has essentially been bought by a fat-cat millionaire named Art Pope, and 2) this supposedly stuffy and sophisticated magazine has devoted no less than 10 pages to a profile of 21-year-old country songstress Taylor Swift, not including the gauzy full-page portrait. On the positive side, a piece on the very mysterious creator of the Internet currency bitcoin is more intriguing than it first appears.

http://www.nypost.com/p/news/business/bobbing_for_angles_Ty6bYpDJQVUKGg4FuzxyCJ#ixzz1ZhcyDzNc

Apparently the 2nd 'suspect' is from Finland - so the New Yorker story has hit the Finnish press  (tietoviikko.fi - A Finnish IT magazine)

Finnish researchers suspected Bitcoin-inventor of money

[2011-10-04


http://www.tietoviikko.fi/kaikki_uutiset/suomalaista+tutkijaa+epaillaan+bitcoinrahan+keksijaksi/a697067

http://translate.google.com/translate?sl=fi&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fwww.tietoviikko.fi%2Fkaikki_uutiset%2Fsuomalaista%2Btutkijaa%2Bepaillaan%2Bbitcoinrahan%2Bkeksijaksi%2Fa697067&act=url


"This suspect is a 31-year-old Finnish Technology Research Institute researcher George Lehdonvirta . He has studied virtual currencies, and he is a programmer background. He is also involved in other things, privacy issues, focused on the Electronic Frontier Finlandin (Effi) operation."

... some in the Irish media seem keen to claim Satoshi !

The secret Irishman likely behind bitcoin the internet currency code

JAMES O'SHEA
2011-10-04

http://www.irishcentral.com/news/The-secret-Irishman-likely-behind-bitcoin-the-internet-currency-code-131039168.html

"The mysterious figure who created a new currency called bitcoin on the net that has intrigued millions around the globe is very likely a 23-year old Irish student named Michael Clear ‘The New Yorker’ magazine has revealed."

"The new currency called bitcoin on the net was invented by an Irishman"

*** Discussion thread here: https://bitcointalk.org/index.php?topic=46652.0 ****

[fivebells]

Is that the real article?  (The New Yorker one.)  Parts of it read like a hurriedly assembled summary of an article.

Then, in April, 2011, he sent a note to a developer saying that he had “moved on to other things.” He has not been heard from since. Tells about failed attempts to hack the bitcoin encryption code. Writer tries to deduce Nakamoto’s true identity from clues in his posts and his code. Describes the Crypto 2011 conference of cryptographers, where the writer went looking for Nakamoto. Writer speaks with two possible candidates, Michael Clear and Vili Lehdonvirta, both of whom deny that they are Nakamoto. Also tells about Kevin Groce, who runs a bitcoin-mining operation in Kentucky.

  Not the standard of writing I'm used to seeing over there.

[ryepdx]

Is that the real article?

It's just an abstract . Hence the "ABSTRACT" prefix.