Bitcoin press hits, notable sources

[senbonzakura]

http://theislamicglobe.com/index.php?option=com_content&view=article&id=816:who-needs-banks-with-bitcoins&catid=8:artcile&Itemid=40

[Grouver (BtcBalance)]

A big dutch ecommerce news website posted a very positve about Bitcoin.

http://www.emerce.nl/nieuws/bitcoin-door-steeds-meer-webwinkels-geaccepteerd

[friedcat]

An article in Chinese teaching how to mine and exchange Bitcoins. Copied and pasted by many popular websites in China.

http://www.google.com.hk/search?sourceid=chrome&ie=UTF-8&q=%E6%AF%94%E7%89%B9%E5%B8%81%E8%83%BD%E6%8D%A2%E9%92%B1%2C%E7%BC%96%E8%BE%91%E5%B8%A6%E4%BD%A0%E8%B8%8F%E4%B8%8A%22%E8%87%B4%E5%AF%8C%E9%81%93%E8%B7%AF%22

[Matthew N. Wright]

New bitcoin video! 

Many thanks to Matthew N. Wright and Brian, for staring in thebitcoinreview.com's best video yet!

The short version of the video is available for your viewing pleasure on youtube

http://youtu.be/mv7P7xyB1kM

I hope you enjoy it!

The video will benefit from more editing. There are a many other interesting points that have been left out of this short version.

The extended edition coming soon!

Let me know what you think...I think it turned out reasonably good, given its budget of 0.01BTC 

Far from notable.

[genjix]

I like it. Has good flow and stuff. Just needs better production values is all.

[julz]

Virtual Currencies, Online Transactions, and the Future of Cash

Marco Rabinowitz
2012-03-11

http://www.benzinga.com/general/entrepreneurship/12/03/2413495/virtual-currencies-online-transactions-and-the-future-of-cash

I have some reservations regarding Bitcoin owing to historical trends and speculation with the virtual currency. At one point, one Bitcoin was worth as much as $33 and fell to $3 in a matter of months. Some have suggested that Bitcoins may contribute to money laundering and/or illegal transactions. It would appear that there are formidable obstacles (in terms of value and reputation) in the path of Bitcoin's becoming the digital/virtual "gold standard" currency of the future.

Bizarrely.. this author states:

I could see a digital currency coming about based out of a website like Google (NASDAQ: GOOG) or Amazon.com (NASDAQ: AMZN) that could take the lead in becoming a "gold standard" with respect to online transactions that deal in virtual currencies.

The irony of using the term "gold standard" in reference to a centralized system run by a corporation clearly escapes him.

[senbonzakura]

http://www.elaph.com/Web/technology/2011/6/661818.html

''Bitcoin...Virtual currency on the Internet facilitates the purchase and sale of drugs''

[coretechs]

http://www.forbes.com/sites/jonmatonis/2012/03/12/brainwallet-the-ultimate-in-mobile-money/

[localhost]

Not really the press, but I bet the chapter 5 of this (see tab "syllabus") will mention Bitcoin at some point:

CS387 - APPLIED CRYPTOGRAPHY
[...]
WEEK 5: Digital Cash
How to make money from numbers alone

http://www.udacity.com/overview/Course/cs387

Given the current exposure of this kind of courses (from what I understood, about 100k students in a previous similar experience, AI-class.com), we might well get some hashrate boost when the course hits this chapter, in early May I suppose.

[giszmo]

I made a "comment"-thread meant to accompany this famous thread. It's meant to be used for comments on items in here that don't merit their own thread.

So, if you like this idea and have a comment on stuff in this thread, feel free to pollute this thread instead:

"[COMMENTS] Bitcoin press hits, notable sources" (https://bitcointalk.org/index.php?topic=67873.0)

This whole thread consists of
20% discussion
5% reposts of old mentions
5% meta

If you want it to be 100% "Bitcoin press hits, notable sources", make a wiki page. A wiki would also allow to organize all the re-runs, collectively moderate vandalism like this very post, richer presentation, ...
The wiki is down to me again. Not good for backing my point

[SgtSpike]

I made a "comment"-thread meant to accompany this famous thread. It's meant to be used for comments on items in here that don't merit their own thread.

So, if you like this idea and have a comment on stuff in this thread, feel free to pollute this thread instead:

"[COMMENTS] Bitcoin press hits, notable sources" (https://bitcointalk.org/index.php?topic=67873.0)

This whole thread consists of
20% discussion
5% reposts of old mentions
5% meta

If you want it to be 100% "Bitcoin press hits, notable sources", make a wiki page. A wiki would also allow to organize all the re-runs, collectively moderate vandalism like this very post, richer presentation, ...
The wiki is down to me again. Not good for backing my point

I agree, but what happened to the other 70%??

[molecular]

Richard Stallman being interviewed: http://www.youtube.com/watch?feature=player_detailpage&v=radmjL5OIaA#t=2364s

Here's the relevant part about bitcoin:

Stallman: "This is why I condemn Steve Jobs as an evil genius who made the world a worse place."

Host2: "The cost is extremely high, i agree with you, and the future seems to be trending more and more in this direction, everbody these days want to have something that has an app-store. And, I'm just wondering what you thoughts are, is it possible to have an app store world where it's still financially viable for these people but it still respects freedoms?"

Stallman: "sure, sure. How do you define an app-store? If it's a site where you can pay for a copy of a program, well, that program could be free software, it's not gratis, but it could be free."

[slight pause]

Host2: "Not cash, though. Most likely."

Stallman: "Well, AH! That's a different issue: we need to setup an anonymous way to pay in the internet."

Host2: "Did you follow bitcoin at all?"

Stallman: "I know a little about it. I don't know how to use it. Bitcoin, I believe, can be used anonymously although it's not inherently anonymous."

Host2: "Right"

Stallman: "But I don't know the details, I read them and I forgot. But basically we've got to make payment on the internet anonymous and we've got to make sure... uh, at least anonymous to the purchaser... an we've got to make sure these services cannot be cut off. You see, one of the ways that the internet attacks our freedom is that to do the things we normally do in the physical world, to do comparable things in the internet requires the cooperation of companies, and they refuse to cooperate. We recently saw paypal impose censorship on publishers."

[long pause]

Host1: "I generally agree with that, but honestly, from a purely practical standpoint, I don't see how it's all that different from the way the US government works currently where paper money is backed by privately held corporations..."

Stallman: "Sorry, you don't understand! You don't need a company to cooperate for you to accept some dollar bills. If you're selling books in a store, people can come in and pay you money and you don't need some company to agree to help you take that money."

Host1: "Right, accepting the dollar bills is basically an old barter system..." [hard to make out because stallman is interupting]

Stallman: "...you would need a company to do that, such as paypal. There are only a few that you could use. And this is why you have less rights on the internet than you have in the physical world"

Host1: "Currently we do have... let's say bitcoin is kindof a good example. Just do give you some kind of idea here: I could send money to you directly, so basically, here's an IP address I'll be at for the next 12 seconds, just go ahead and bitcoin me however many bitcoins. And in that way it's very similar to handing you some quarters or some dollar bills. When it becomes an issue is it's the same for both bitcoins, sending money through paypal, getting some physical dollar bills in the real world, you still have to be able to exchange that for something, so I still have to be able to go and exchange that. So it requires the cooperation of companies or government institutions. Even when we're talking about dollar bills and coins. I don't really see the differnce."

Stallman: "I'm not talking about that, that's a different issue. So I'm talking about the difference between using cash and what you can do on the internet."

Host1: "Right, I guess that's where I just don't see the difference there. I don't see where they're all that differnt."

Stallman: "I can go to a book store and buy books and pay cash and the book store doesn't know who I am and can't find out who I am. They have no record of this. I can't buy over the internet that way."

[finway]

Seems Richard Stallman is not following bitcoin.

[rjk]

Seems Richard Stallman is not following bitcoin.

He makes a good point though. It isn't anonymous, because exchanges can track you, and using it through Tor is annoying.

[payb.tc]

Seems Richard Stallman is not following bitcoin.

He makes a good point though. It isn't anonymous, because exchanges can track you, and using it through Tor is annoying.

plus Tor isn't fool-proof anonymous

[cypherdoc]

Seems Richard Stallman is not following bitcoin.

Who is he?

[HostFat]

Bitcoin will be probably more anonymous
http://wbl.github.com/bitcoinanon.pdf

[ribuck]

Suren Tur, one of the developers of youhavedownloaded.com (which lists any torrents that it was able to identify as being downloaded from your IP address), was recently interviewed by privacy advocate (and bitcoiner) rasengan. Suren resopnded with some very upbeat words about Bitcoin:

What are your thoughts on bitcoins?

There are two aspects. Scientifically, it’s a very neat algorithm. Kudos to the inventor – the guy (or team) is brilliant. Socially – it’s another great thing. It’s a new, perfect gold. If some big social network (hmm, who might that be?) or a big social network game manufacturer (hmm, and who might that be?) started using bitcoins as in-game currency…Wow. It would create initial demand. It’s hard to predict the outcome. But it will be outrageous for sure. It’s a distributed and corruption-free Federal Reserve. Governments will need new underwear. A lot of new underwear. It seems like the inventors realize where it fits pretty well. The creator has been hiding for a reason. If I were in his shoes, I’d be hiding too

[payb.tc]

If some big social network (hmm, who might that be?)

facebook

or a big social network game manufacturer (hmm, and who might that be?)

nfi... someone enlighten me?

[marcus_of_augustus]

Bitcoin will be probably more anonymous
http://wbl.github.com/bitcoinanon.pdf

SIG_FUNGIBLE

... luv it   

Tip: if bitcoin does not do this or something similar then the alt-coin (FunCoin) that does SIG_FUNGIBLE, (blind signing) and merged-mining, will be 'THE ONE' ....