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Author Topic: 2013-07-05 Financial Times - Bitcoin Brothers  (Read 1390 times)
kiko (OP)
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July 06, 2013, 11:58:21 AM
 #1

http://www.ft.com/cms/s/0/51b78cb6-e40e-11e2-91a3-00144feabdc0.html

More of a profile piece on the Winklevoss twins than a bitcoin article.

Funny cartoon though:
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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CoinGames
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July 07, 2013, 02:39:57 PM
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Seriously, I don't get how they get so much press. What have they actually done apart from buying some BTC and investing in a couple of co.s?
jgarzik
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July 07, 2013, 02:57:06 PM
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Seriously, I don't get how they get so much press. What have they actually done apart from buying some BTC and investing in a couple of co.s?

A bitcoin ETF is huge.

(note: they are not the only ones working on one...)


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July 07, 2013, 05:34:02 PM
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Seriously, I don't get how they get so much press. What have they actually done apart from buying some BTC and investing in a couple of co.s?

A bitcoin ETF is huge.

(note: they are not the only ones working on one...)



who else? is it public?
bassclef
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July 07, 2013, 06:24:23 PM
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Seriously, I don't get how they get so much press. What have they actually done apart from buying some BTC and investing in a couple of co.s?

Because they are tall, handsome, went to Harvard, are mega rich, have had movies made about them... Etc... People love that crap.
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July 07, 2013, 06:29:30 PM
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I dont think ETF is huge. If i recall, it was just couple of millions.
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July 07, 2013, 07:15:39 PM
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I dont think ETF is huge. If i recall, it was just couple of millions.

The impact of the ETF is not about the number of bitcoins it currently holds.  It is the impact of the ETF's legal and financial structure that is truly huge, or will be when and if it is approved.  The CONCEPT is extensible to ANY NUMBER of bitcoins and or dollars.
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July 08, 2013, 05:56:02 AM
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I dont think ETF is huge. If i recall, it was just couple of millions.

It is huge to expand bitcoin access to the millions of people globally that already have a brokerage account.


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