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Author Topic: 2013-08-16 LA Daily News - Bitcoin: Changing money to change the world  (Read 1193 times)
solex (OP)
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August 17, 2013, 09:55:43 AM
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Los Angeles Daily News explaining Bitcoin to its readership - and it's the future!

"math-based currencies like Bitcoin, which enable transactions from one user to another without official oversight or high fees, could upset the centuries-old tradition of paper money — much as user-generated Wikipedia all but replaced the venerable Encyclopaedia Britannica."

http://www.dailynews.com/business/20130816/bitcoin-changing-money-to-change-the-world

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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August 17, 2013, 10:00:18 AM
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Los Angeles Daily News explaining Bitcoin to its readership - and it's the future!

"math-based currencies like Bitcoin, which enable transactions from one user to another without official oversight or high fees, could upset the centuries-old tradition of paper money — much as user-generated Wikipedia all but replaced the venerable Encyclopaedia Britannica."

http://www.dailynews.com/business/20130816/bitcoin-changing-money-to-change-the-world


Excellent. Now lets get this phrase posted and reblogged all over the Internet.
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August 17, 2013, 02:15:21 PM
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Nice title
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August 17, 2013, 08:53:56 PM
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I prefer to see it as a way to disrupt ossified power networks from gaining more power, and even reversing the effect of decades of corruption around the world.

Bitcoin, its a bullshit-buster, the 'scrubbing bubbles' from the internet ready to swarm down and turn that corpulent paid off politician into a gleaming skeleton of irrelevance.

fortitudinem multis - catenum regit omnia
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August 18, 2013, 03:39:12 AM
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Interesting to see the LA Daily News item syndicated to regional papers...


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August 18, 2013, 03:44:24 AM
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good publicity - thanks for sharing!

BTC.sx - Leveraged Bitcoin Trading. Simply use Bitcoin to take advantage of a rising or falling Bitcoin price.
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August 18, 2013, 06:36:09 PM
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I love how the syndicating paper has a whole separate "Virtual Exchange" category! Not sure that's how I'd do it, but maybe the people that would wrinkle their nose and turn the page if it said "Finance & Economics" might be more likely to read it as a novelty...

Vires in numeris
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