Bitcoin press hits, notable sources

[julz]

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

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.

[julz]

Linux Week In Review #29

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.

[giszmo]

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]

New York University Stern School of Business

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.

[Transisto]

mcafee threat predictions 2012 (PDF)

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

(Quoted The whole thing)

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"

What happened to all the money !

http://nashownotes.com/2011/12/na36920111229

[julz]

28th Chaos Communication Congress

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

[paraipan]

28th Chaos Communication Congress

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.

[julz]

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

Israel Media Discovers Bitcoin

Adrianne Jeffries
2011-12-30

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

[Transisto]

Keep the good work Julz.

Happy 1000th post  

[paraipan]

Keep the good work Julz.

Happy 1000th post  

+1 without the kissing 

[grondilu]

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

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 

[beckspace]

Keiser Report (E230)

Max Keiser mentions Bitcoin as one emerging trend for 2012.

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

[julz]

'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.

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?  

[Isosceles]

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

[julz]

Disrupting Banking

Simon Dixon speaking at the European Bitcoin conference - Nov 2011

http://www.youtube.com/watch?v=8oeMsfm5D5s

[genjix]

That talk was maybe the worst of the entire conference and he had no idea what he was talking about.

... which is why I'm against the whole 'free' movement of making everything free, because we need to employ those people aren't entrepeneurs and innovators to create some kind of sustainability.

http://www.youtube.com/watch?feature=player_detailpage&v=8oeMsfm5D5s#t=533s

The issue is not price, but freedom.

I elaborate more on this here.

His talk had nothing to do with bitcoin and was totally valueless.

[farfiman]

That talk was maybe the worst of the entire conference and he had no idea what he was talking about.

... which is why I'm against the whole 'free' movement of making everything free, because we need to employ those people aren't entrepeneurs and innovators to create some kind of sustainability.

http://www.youtube.com/watch?feature=player_detailpage&v=8oeMsfm5D5s#t=533s

The issue is not price, but freedom.

I elaborate more on this here.

His talk had nothing to do with bitcoin and was totally valueless.

He did manage to throw in the word bitcoin a few times , probably cause it said somewhere on his computer "say bitcoin at least 3 times"   

But it was somewhat interesting in parts.He mentioned money as debt and if you really want to learn about that look for  "Money as debt" series on Youtube.

This Lecture and to some extent  David Birchs  lecture are not exactly about bitcoin but about Economy,Business,Psycology of the consumers etc... all which have an effect on the future of bitcoin.

[julz]

Hyperinflation in Bitcoinland

2012-01-01
Matías Vernengo
(Associate Professor, Department of Economics, University of Utah)


http://nakedkeynesianism.blogspot.com/2012_01_01_archive.html

" In my view Nakamoto is the intelligent version of Madoff. He got away with the dollars and dumped the bitcoins."

[molecular]

Disrupting Banking

Simon Dixon speaking at the European Bitcoin conference - Nov 2011

http://www.youtube.com/watch?v=8oeMsfm5D5s

discussion: https://bitcointalk.org/index.php?topic=56361.0

[julz]

Changing dynamics of financial crime in the digital era

2012-01-02
Jeroen de Bel

http://www.innopay.com/content/changing-dynamics-financial-crime-digital-era

"In America concerns have been raised in the last year over Bitcoin, a decentralized, peer-to-peer network that can be used for making anonymous payments. US Senator Schumer called Bitcoin ‘a system for online money laundering and drug financing’."