Bitcoin Forum
May 07, 2024, 06:30:02 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: 2013-11-01 National Post: Behold the power of Bitcoin  (Read 2510 times)
mrb (OP)
Legendary
*
Offline Offline

Activity: 1512
Merit: 1027


View Profile WWW
November 01, 2013, 06:34:46 AM
Last edit: November 01, 2013, 06:44:55 AM by mrb
 #1

http://www.nationalpost.com/m/wp/blog.html?b=fullcomment.nationalpost.com/2013/11/01/jesse-kline-behold-the-power-of-bitcoin

Very well written article. Explains the key advantages and technical aspects of Bitcoin correctly in layman's terms. Cites many concrete examples of how traditional currencies fail, and how Bitcoin is superior in these cases. It is also balanced and explains some areas where Bitcoin could improve (eg. easiness of purchasing coins). Good work, Jesse Kline! Clearly you have done some research before writing the article.
1715106602
Hero Member
*
Offline Offline

Posts: 1715106602

View Profile Personal Message (Offline)

Ignore
1715106602
Reply with quote  #2

1715106602
Report to moderator
If you want to be a moderator, report many posts with accuracy. You will be noticed.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Bees Brothers
Sr. Member
****
Offline Offline

Activity: 457
Merit: 291



View Profile WWW
November 01, 2013, 08:42:06 PM
 #2

Good article except for this part...

Quote
Let’s say someone purchased a cup of tea at a similar shop in 1961 for $0.25. That same cup of tea would have cost them roughly $1.25 in 2012. Had they kept that quarter in a jar for 50 years, it would have been worth one-fifth of its original value.

This would be true for a 1964 quarter, but a 1961 quarter is worth $3.9515 today. Wink

Don't tread on bees! http://beesbros.com
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!