Bitcoin Forum
June 24, 2019, 06:53:16 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2014-01-09] The New Bloomberg Cover Does Bitcoin, And It’s Literallly Fantastic  (Read 1027 times)
AnhBen
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile WWW
January 09, 2014, 02:23:36 PM
 #1

The New Bloomberg Businessweek Cover Does Bitcoin, And It’s Literally Fantastic
http://kculshare.com/2014/01/the-new-bloomberg-businessweek-cover-does-bitcoin-and-its-literally-fantastic

Twitter @iKcul
Best news agg: http://KculShare.com
XPM: AVmbdubJMrEDBgpvxaXGTqtdB8C2CRSk7f
1561402396
Hero Member
*
Offline Offline

Posts: 1561402396

View Profile Personal Message (Offline)

Ignore
1561402396
Reply with quote  #2

1561402396
Report to moderator
1561402396
Hero Member
*
Offline Offline

Posts: 1561402396

View Profile Personal Message (Offline)

Ignore
1561402396
Reply with quote  #2

1561402396
Report to moderator
1561402396
Hero Member
*
Offline Offline

Posts: 1561402396

View Profile Personal Message (Offline)

Ignore
1561402396
Reply with quote  #2

1561402396
Report to moderator
Bitcoin Poker 3.0
The Largest Bitcoin Poker Site
Bad Beat Jackpot Available
No Limit Texas Hold'em Cash Games And Tournaments
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1561402396
Hero Member
*
Offline Offline

Posts: 1561402396

View Profile Personal Message (Offline)

Ignore
1561402396
Reply with quote  #2

1561402396
Report to moderator
1561402396
Hero Member
*
Offline Offline

Posts: 1561402396

View Profile Personal Message (Offline)

Ignore
1561402396
Reply with quote  #2

1561402396
Report to moderator
LiteCoinGuy
Legendary
*
Offline Offline

Activity: 1148
Merit: 1001


In Satoshi I Trust


View Profile WWW
January 09, 2014, 02:28:34 PM
 #2

quite nice and important magazine, well done Smiley

segeln
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500


View Profile
January 09, 2014, 03:03:44 PM
Last edit: January 11, 2014, 12:22:48 PM by segeln
 #3

great Magazine,shit article
Rygon
Hero Member
*****
Offline Offline

Activity: 520
Merit: 500


View Profile
January 09, 2014, 03:21:28 PM
 #4

I haven't read the article  (link?), but the cover is a not-so-subtle jab at cryptocurrencies. We shouldn't be happy to see Bitcoin associated with unicorns and other fantasy creatures.
FeedbackLoop
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500



View Profile
January 09, 2014, 03:43:46 PM
 #5

From this:

http://www.zerohedge.com/news/2014-01-09/bitcoins-and-unicorns-digital-currency-lands-cover-businessweek

it seems it focus on the mining and then only about the block reward economics. Mining: usually the topic that manages to completely focus the feeble minds, blocking out everything else and thus making Bitcoin sound unicornish. I wish mining could be renamed to "transaction-verificationing (sic)" or something of the sort.

 



Akka
Legendary
*
Offline Offline

Activity: 1204
Merit: 1001



View Profile
January 09, 2014, 03:46:13 PM
 #6

I wish mining could be renamed to "transaction-verificationing (sic)" or something of the sort.

When I explain Bitcoin to someone, I never call it mining. Never even did.

The Term mining really is misleading, what the actual purpose of this action is.

All previous versions of currency will no longer be supported as of this update
Carlton Banks
Legendary
*
Offline Offline

Activity: 2408
Merit: 1692



View Profile
January 09, 2014, 04:34:33 PM
 #7

Wall Street investment firms do not start trading funds in hobbits and unicorns. And so we see the continuing of the biggest FUD driven negative price-pressure campaign the world has probably ever known. I'm surprised it's this unsubtle, tbh.

Notice how Businessweek didn't seem to mention the secondary utilities of the blockchain, and what that could mean for ssssso many other industries and government functions. Heads in the sand? Cannot comprehend the enormity? Or more FUD to enable a bit more lower priced buying?

One thing you can say for sure, the more that time goes on, the less that any ignorance based explanations make any sense. These business-world people know an opportunity when they see it, even if the reasoning behind that opportunity takes a while to sink in.

We're watching the realisation of one of the biggest shifts in socio-economic paradigms the world has seen in front of our eyes, manifested as the snapping into place in the heads of the influential people of the world. And we're watching from the most comfortable seats in the house (most of us, anyway!)

Vires in numeris
Entropy-uc
Hero Member
*****
Offline Offline

Activity: 756
Merit: 501


View Profile
January 09, 2014, 05:11:17 PM
 #8

From this:

http://www.zerohedge.com/news/2014-01-09/bitcoins-and-unicorns-digital-currency-lands-cover-businessweek

it seems it focus on the mining and then only about the block reward economics. Mining: usually the topic that manages to completely focus the feeble minds, blocking out everything else and thus making Bitcoin sound unicornish. I wish mining could be renamed to "transaction-verificationing (sic)" or something of the sort.

 

Bloomberg seems to have completely moved from the laughing at Bitcoin stage to the fighting Bitcoin stage.  That's excellent.

When power hungry autocrats hate you, you're doing more right than wrong.
dynodog
Member
**
Offline Offline

Activity: 97
Merit: 10


View Profile
January 09, 2014, 06:05:51 PM
 #9

Seems like another jab at bitcoin.  More proof that we are very early in this bull run in bitcoin, and it is not anywhere near bubble territory.  Don't recall people making fun of dot.com stocks in 1999 or real estate flipping in 2007. 
TraderTimm
Legendary
*
Offline Offline

Activity: 2394
Merit: 1066



View Profile
January 10, 2014, 02:53:58 PM
 #10

This cover is an over-the-top admission that Bitcoin pisses off a lot of "establishment" types. Good. I want them to be pissed off. If a unicorn cover is the only way they can do it, then we've already won. The second phase of the fight will be the misguided Bitcoin Foundation cozying up to government, suddenly being shocked by restrictive legislation.

Just wait for the "we didn't see this coming, honest" admissions later on. Its so fucking predictable it makes me ill.

fortitudinem multis - catenum regit omnia
IYFTech
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


WANTED: Active dev to fix & re-write p2pool in C


View Profile
January 12, 2014, 03:10:39 AM
 #11

This cover is an over-the-top admission that Bitcoin pisses off a lot of "establishment" types. Good. I want them to be pissed off. If a unicorn cover is the only way they can do it, then we've already won. The second phase of the fight will be the misguided Bitcoin Foundation cozying up to government, suddenly being shocked by restrictive legislation.

Just wait for the "we didn't see this coming, honest" admissions later on. Its so fucking predictable it makes me ill.


+1

-- Smiley  Thank you for smoking  Smiley --  If you paid VAT to dogie for items you should read this thread:  https://bitcointalk.org/index.php?topic=1018906.0
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!