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Author Topic: [2014-07-19] Bitcoin Is Shaking Off Its Bad Reputation, But What's In It For The  (Read 2316 times)
ganabb (OP)
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July 19, 2014, 02:02:24 AM
 #1

http://www.forbes.com/sites/edmundingham/2014/07/18/bitcoin-is-shaking-off-its-bad-reputation-but-whats-in-it-for-the-entrepreneur/

The true entrepreneur will always keep their ear to the ground, hoping to spot and exploit the latest trends, be they social, financial, economic or occasionally all three wrapped into one. Bitcoin is one such phenomenon, with its quasi mythical origins, ground breaking software, and fairly obvious potential, however to date early adopters outside of the murky world of sites such as Silk Road, the now defunct online drug store (watch out for Silk Road 2, origins unknown), have been few and far between.

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"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
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howardb
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July 19, 2014, 01:50:56 PM
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A shabby and unbalanced  peice of reporting full of seedy inuendo and shady insinuation. He even managed to get the word 'iffy' in there as a final thought!
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July 19, 2014, 02:11:14 PM
Last edit: August 13, 2015, 11:07:50 AM by Ghostface
 #3

It only has a bad reputation to those who do not understand it fully. I realsied the potential of it as soon as I read about it. the world will wake up one day.

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July 19, 2014, 03:17:13 PM
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What bad reputation? People still on about Silkroad and a exchange not to be mentioned.  Wink

Remember good news, do not attract attention, so the smallest thing, looking like bad news, would be jumped on.

Millions of things happen with fiat, but when it happens with crypto currency, people jump on it, as if it's the plaque outbreak.

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July 20, 2014, 06:13:40 PM
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Whats in it for the entrepreneur? Well, a good entrepreneur will already know that  Wink. I think for those who can see it's potential they will be rewarded sooner or later.
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July 20, 2014, 09:36:06 PM
 #6

By that logic everything anyone owns or uses should be considered shady. Criminals use computers, cars, televisions and they even like to eat. Why does guilt by association only apply to bit coin?   

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July 21, 2014, 12:39:26 AM
 #7

What's in it for the entrepreneur?  Endless possibilities that's what.  Only limited by one's imagination at this point.

¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿

Gimme the crypto!!
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