BREAKING NEWS: Bitcoin ATM on Xinwen Lianbo of CCTV (China)

[cypherdoc]

Here's the clip (starting around the 1:00 mark):

http://tv.cntv.cn/vodplay/e113334ee1144004bd59a55af704e1f2/860010-1102010100

looks all Greek to me.

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[superfluouso]

This is the transcript:

According to Canadian media, the world's first Bitcoin ATM will be launched in Canada this week. With the hand scanner, users can exchange between Canadian Dollar and Bitcoin with the ATM. Before this, people could only exchange Bitcoin on the Internet. Bitcoin is a virtual currency. It can be used to buy goods on the Internet, and even pay house rent. Accodring to the latest market information, one bitcoin can exchange approximatly 1200 CNY

If you like this news or the transcript, please consider to donate a few bitcents to the address below.

We are seeing interest from China in the MasterCoin project as evidenced here: https://bitcointalk.org/index.php?topic=265488.msg3429668#msg3429668

Maybe you could assist transcribing the mastercoin instructions into Chinese?

[wachtwoord]

Only *retarded, brainwashed Chinese watch that shit*

Welcome, retarded brainwashed Chinese people. This is bitcoin, and it is the future. Please buy.

Shit - I hope I didn't just create a meme with that quote.

 

Oh, you most certainly did

[bbit]

Really,really awesome news to hear! 
To the moon!

[Nemesis]

Xinwen Lianbo from CCTV-----this is the routine:
The first ten minutes: how busy all the governers are, how hard they are working for the people,how kind the government is to the people;
The second ten minutes: how happy all the Chinese are live their lives, how great all the Chinese are enjoying the governing of the communist party;
The last ten minutes:What a horrible life foreigners are suffering,they have gunshots in schools,wars in the middle east,natural disasters.....
All educated Chinese know about this-----This news broadcasting probably only make fun of those naive,immature foreigners who could understand Chinese!

The routine is true, but I don't agree with your conclusion. There is no sarcastic wordings used.

(Although I'm HongKonger I speak quite standard Mandarin. I learnt it by listening to Xinwen Lianbo)

OK i'm sorry to say this but i just cant stand it anymore.

Please call yourself HONGKONGESE..... there is no such thing as HONGKONGER....

I've lived in HK for several years.... but this is too annoying seeing you repeating that word.

[jl2012]

Xinwen Lianbo from CCTV-----this is the routine:
The first ten minutes: how busy all the governers are, how hard they are working for the people,how kind the government is to the people;
The second ten minutes: how happy all the Chinese are live their lives, how great all the Chinese are enjoying the governing of the communist party;
The last ten minutes:What a horrible life foreigners are suffering,they have gunshots in schools,wars in the middle east,natural disasters.....
All educated Chinese know about this-----This news broadcasting probably only make fun of those naive,immature foreigners who could understand Chinese!

The routine is true, but I don't agree with your conclusion. There is no sarcastic wordings used.

(Although I'm HongKonger I speak quite standard Mandarin. I learnt it by listening to Xinwen Lianbo)

OK i'm sorry to say this but i just cant stand it anymore.

Please call yourself HONGKONGESE..... there is no such thing as HONGKONGER....

I've lived in HK for several years.... but this is too annoying seeing you repeating that word.

You can find both on google. Both are used and neither of them is official, and I don't think you can find them in any serious dictionary. (It is quite sad that after >150 years of British colonization we don't even a noun for "Hong Kong people")

By the way, Hongkonger gives you more hits on google.

[jl2012]

Xinwen Lianbo is unique because it's the only program required to be syndicated to ALL TV stations at 19:00. Basically, when you turn on your TV in China at 19:00, there is nothing else on, except Xinwen Lianbo. It is the voice of the CCP.

Only *retarded, brainwashed Chinese watch that shit* - a quote from my wife and something I would agree with having watched CCTV 9 here before (I stopped watching it years ago as does *anyone* who lives here for more than a year).

Now replace Xinwen Lianbo with Fox, CNN, BBC in prime time (pluse they didnt mention then bitcoin is for drug cartels, phedofile and criminals). Do you see now ......

No, nothing on Fox, CNN, BBC could be comparable with Xinwen Lianbo

Wouldn't it be more like Obama mentioning bitcoin positively on a State of the Union address, which is carried live by all the major networks?

That's exaggerated.

I have a better analogy. Xinwen Lianbo is the official youtube channel of the CCP, except that it is broadcast to the national TV network. (so it's actually bigger than a youtube channel) It works like official youtube channel of any governments in the world: it tells you what senior officers do and say, it tells you what's happening the country, and it tells you important international news that might be relevant to the country. Occasionally, it may tell you some "interesting" news. So the breakthrough here is like the Whitehouse youtube channel shows Bitcoin ATM, and tells people that a bitcoin costs about 200USD.

On the 28th Oct, there are only 5 international news lines on Xinwen Lianbo, all the state wants their people to know:

U.S. surveillance scandal continues to ferment
Syria has submitted its chemical weapons destruction plan to the OPCW
U.K. experiences heavy storms. Traffic and electricity interrupted
Dubai Airport, the biggest in the world, officially opens to passengers
Canada will launch the first Bitcoin ATM

The first 3 belong to the category of "other countries in chaos". This is the more important message so they are reported first.

The rest 2 belong to the category of "interesting news"

You should also note that Bitcoin ATM is the last item on the day's Xinwan Lianbo. CCP takes ordering EXTREMELY seriously. So yes, Bitcoin ATM is the least important news of the day. But that's fair enough?

[tvbcof]

...
(Although I'm HongKonger I speak quite standard Mandarin. I learnt it by listening to Xinwen Lianbo)

...
Please call yourself HONGKONGESE..... there is no such thing as HONGKONGER....

You can find both on google. Both are used and neither of them is official, and I don't think you can find them in any serious dictionary. (It is quite sad that after >150 years of British colonization we don't even a noun for "Hong Kong people")

By the way, Hongkonger gives you more hits on google.

I Googled around a bit.  I liked 'Hongkey' the best.

[cypherdoc]

...
(Although I'm HongKonger I speak quite standard Mandarin. I learnt it by listening to Xinwen Lianbo)

...
Please call yourself HONGKONGESE..... there is no such thing as HONGKONGER....

You can find both on google. Both are used and neither of them is official, and I don't think you can find them in any serious dictionary. (It is quite sad that after >150 years of British colonization we don't even a noun for "Hong Kong people")

By the way, Hongkonger gives you more hits on google.

I Googled around a bit.  I liked 'Hongkey' the best.

lol!

[ANiceJewishBoy]

That's awesome, China is always good at buying our markets from us and making them better.

[gamer4156]

It is all rather odd. China still has capital controls, so it is strange that the regime would endorse something that allows those controls to be evaded.

I thought the same. Why tell the people about an decentralized money that would allow economic freedom, unless its a trap?
Maybe they will open up a state monitored exchange? It will act as a fish net, and show who doesnt 100% believe in the state economy.

Or China understands that it could become the greatest super power ever. With a huge labor force and control of a lot of resources, they have few bottlenecks. Their leader is intelligent enough to understand that communism fails.  What if they love Bitcoin? They believe it the end all be all. A truly transparent economic system that would allow their country to reach its full potential.

[nak]

And what do you get when you turn on your free-to-air TV at 6-7pm in the West? Wall to wall news. All definitely independent of state and corporate interference, of course.

Summed it up perfectly.

[Nemesis]

It is all rather odd. China still has capital controls, so it is strange that the regime would endorse something that allows those controls to be evaded.

I thought the same. Why tell the people about an decentralized money that would allow economic freedom, unless its a trap?
Maybe they will open up a state monitored exchange? It will act as a fish net, and show who doesnt 100% believe in the state economy.

Or China understands that it could become the greatest super power ever. With a huge labor force and control of a lot of resources, they have few bottlenecks. Their leader is intelligent enough to understand that communism fails.  What if they love Bitcoin? They believe it the end all be all. A truly transparent economic system that would allow their country to reach its full potential.

Are you serious?
 lol I hope you're sarcastic.................................


Also no.... CCP dont "believe" in Bitcoin. If you know anything about CCP or Communist in general,.... they dont believe in anything. NO RELIGION, only their supreme leader. If anything they resemble Fascism with a little twist.

[Zangelbert Bingledack]

For more context, it's been fairly obvious that China is encouraging its citizens to buy gold. Bitcoin could just be an extension of that policy, backed by a certain contingent of the party. If so, we ain't seen NOTHING yet.

Hits on Chinese Bitcoin article on Wikipedia, past 90 days:

[phelix]

Here's the clip (starting around the 1:00 mark):

http://tv.cntv.cn/vodplay/e113334ee1144004bd59a55af704e1f2/860010-1102010100

That was quite short. What does it say, is it positive?

edit: Somebody please put a Bitcoin sticker onto this beast: http://www.youtube.com/watch?v=RDZxvHE2s60

[jl2012]

Here's the clip (starting around the 1:00 mark):

http://tv.cntv.cn/vodplay/e113334ee1144004bd59a55af704e1f2/860010-1102010100

That was quite short. What does it say, is it positive?

edit: Somebody please put a Bitcoin sticker onto this beast: http://www.youtube.com/watch?v=RDZxvHE2s60

You can find the transcript in the OP

[phelix]

Here's the clip (starting around the 1:00 mark):

http://tv.cntv.cn/vodplay/e113334ee1144004bd59a55af704e1f2/860010-1102010100

That was quite short. What does it say, is it positive?

edit: Somebody please put a Bitcoin sticker onto this beast: http://www.youtube.com/watch?v=RDZxvHE2s60

You can find the transcript in the OP

Cool. They did not say much but I guess it's more important they said anything at all.

[E]

It is all rather odd. China still has capital controls, so it is strange that the regime would endorse something that allows those controls to be evaded.

I thought the same. Why tell the people about an decentralized money that would allow economic freedom, unless its a trap?
Maybe they will open up a state monitored exchange? It will act as a fish net, and show who doesnt 100% believe in the state economy.

Or China understands that it could become the greatest super power ever. With a huge labor force and control of a lot of resources, they have few bottlenecks. Their leader is intelligent enough to understand that communism fails.  What if they love Bitcoin? They believe it the end all be all. A truly transparent economic system that would allow their country to reach its full potential.

My feeling is that the location of the robocoin atm in question (Vancouver) is significant to the story's coverage on XinwenLianbo.

Despite official capital controls, the party and business elite hold huge amounts of money outside of China and Vancouver is an epicenter for that activity. If you live anywhere in the pacific northwest, you feel this. The PRC's cash is sloshing around and squirting out the seams wherever it can... Just take a gander at the Vancouver condo market sometime to get an inkling.

I think this is very much an indicator that it is okay(ish) to incorporate BTC into one's personal gray market capital flight if one has family, business, or associates in BC...

[nimrodlehavi]

i've actually build a BTC ATM prototype at a conf i run - www.geekcon.org
took me almost the entire weekend
http://www.geekcon.org/geekcon-2013/bitcoin-atm/

[techstorm2]

Driving home from work tonight in the UK. BBC radio 4 had a report about the canada ATM and a techy to help describe bitcoin, more power to bitcoin.