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Author Topic: Excellent Article about Bitcoin Posted on Economist.com  (Read 1011 times)
rlh (OP)
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June 21, 2011, 01:47:20 PM
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A lot out there has been written about Bitcoin.  Some good, some bad.  Everyone has their opinion and for most of us, that opinion is usually pretty strong-- this is one of the most genius financial inventions since money or this is the dumbest ponzi-scheme that is doomed to failure.

The article linked below does an exceptional job of explaining the Bitcoin ecosystem while expressing the benifits while also expressing others concerns, yet the article manages to maintain an easy-to-read, unbiased tone.

Although this is old new to anyone here on the Bitcoin forum, I think it's an excellent article that you can link to and share with your friends and others who are curious about Bitcoin but want to find out about it from a reliable source.

The Economist : Virtual currency - Bits and bob

A Personal Quote on BTT from 2011:
"I'd be willing to make a moderate "investment" if the value of the BTC went below $2.00.  Otherwise I'll just have to live with my 5 BTC and be happy. :/"  ...sigh.  If only I knew.
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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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Jaagu
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June 21, 2011, 03:07:21 PM
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If you promote old articles, let me do the same.

I think the best articles ever written are these:

1) Bitcoin is the Economic Singularity (by Astrohacker).

2) Bitcoin P2P Currency: The Most Dangerous Project We've Ever Seen (by J. Calacanis).

Falkvinge is also doing good job.
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