2013-08-16 LA Daily News - Bitcoin: Changing money to change the world

[solex]

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

[1715690996]

1715690996

[BCB]

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.

[Spaceman_Spiff]

Nice title

[TraderTimm]

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.

[solex]

Interesting to see the LA Daily News item syndicated to regional papers...

[polrpaul]

good publicity - thanks for sharing!

[Carlton Banks]

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...