Bloomberg.com spreading BTC BS

[iluvpie60]

How stupid..

http://www.bloomberg.com/news/2014-07-28/pedophiles-nabbed-as-banks-join-cops-to-follow-the-money-trail.html

"" While credit-card payments for child porn on the public Internet have plummeted, huge amounts of material have moved underground, and are often paid for using anonymous wire transfers and the bitcoin virtual currency. ""

I love how they make general sweeping statements like this. Really good PR for us... sigh.

It just sucks because we don't have a 20 billion dollar news media(or whatever the heck it is) giving us good PR. You know? So I guess we gotta do all we can, grass roots movement with some financial backing and believers. CoinDesk is helpful for sure, but sometimes a little off putting for my tastes. I feel like CoinDesk talks at a higher level so a normal person wouldn't really want to read anything there. I was off put by CoinDesk in the beginning days of my discovering Bitcoin because I didn't really understand anything I was reading there. It is fine we got technical details and blah there, but they need some more Joe Schmo dumbing down of articles for the (dumb)masses. lol.

[Whitehouse]

Nothing new. Do peadophiles even need to actually pay for cp anyway? I imagine there's places on the darknet that host it for free. I'm also sure they buy this sort of stuff with paypal and other payment processors too.

[Divinespark]

Bloomberg are pillars of the ponzi bankster architecture
Negative slant not really a shocker tbh

[bryant.coleman]

Bloomberg are pillars of the ponzi bankster architecture
Negative slant not really a shocker tbh

Disappointing, especially after the hype generated when they added the Bitcoin ticker to their system. But that said, Bitcoin doesn't need any support from Bloomberg to get popular.

[cryptomr]

The mainstream media will always discredit Bitcoin and technology that disrupts the'old lifestyle' untill they can not deny it

[franky1]

the article is about western union. so not news worthy, althogh i do find it funny that people do try to grab any small thread or glimmer of mentioning money tothen turn it into a big deal about bitcoin..

even the OP is doing it, not only media..

summary, after reading the words western union 5 times you realise that its not a big bitcoin story..

[Bit_Happy]

I do not approve, but (supposedly) hard core kiddie porn is very popular among the top-level ruling class.

[jjc326]

the article is about western union. so not news worthy, althogh i do find it funny that people do try to grab any small thread or glimmer of mentioning money tothen turn it into a big deal about bitcoin..

even the OP is doing it, not only media..

summary, after reading the words western union 5 times you realise that its not a big bitcoin story..

Agreed that it's not a BIG Bitcoin bad story but why the heck would they throw anything in there about Bitcoin?  Man the mass media is so into fear mongering.  Whatever sells...like you ever see the local news, every story is a negative/scary one.

[Bit_Happy]

the article is about western union. so not news worthy, althogh i do find it funny that people do try to grab any small thread or glimmer of mentioning money tothen turn it into a big deal about bitcoin..

even the OP is doing it, not only media..

summary, after reading the words western union 5 times you realise that its not a big bitcoin story..

Agreed that it's not a BIG Bitcoin bad story but why the heck would they throw anything in there about Bitcoin?  Man the mass media is so into fear mongering.  Whatever sells...like you ever see the local news, every story is a negative/scary one.

Much of the negative focus is intentional:
Scared and "hopeless" people are a lot easier to control.

[iluvpie60]

the article is about western union. so not news worthy, althogh i do find it funny that people do try to grab any small thread or glimmer of mentioning money tothen turn it into a big deal about bitcoin..

even the OP is doing it, not only media..

summary, after reading the words western union 5 times you realise that its not a big bitcoin story..

Although usually I agree with you, I do not agree with you saying "I am turning it into a big deal about bitcoin". The Article is not just about Western Union, and it more points the finger at BTC if you look closely.

Quotes from the Article.

""Virtual Currencies

The task force has recommended that governments regulate virtual currencies and apply anti-money laundering rules to transactions using them. It called for limits on privacy and anonymity on services such as Tor. And it suggested police do more to use existing laws on currency transfers to investigate suspected child sexual abuse.

In April, Britain took steps to adhere to some of those guidelines. The Crown Prosecution Service allowed the Internet Watch Foundation to actively seek out and search online for child pornography, as opposed to simply acting on tips from the public as it had done in the past. The group is the only non-police organization worldwide with such powers, according to InHope, a network of 51 child abuse hot lines in 45 countries. ""

And Bitcoin is also referenced twice by name.

""While credit-card payments for child porn on the public Internet have plummeted, huge amounts of material have moved underground, and are often paid for using anonymous wire transfers and the bitcoin virtual currency.""

"The delegates discussed the flourishing trade on sites with names such as PedoEmpire, Lolita City, Jail Bait and The Love Zone. Together those sites have hundreds of thousands of members, who pay for access with bitcoins, prepaid cards, and anonymous wire-transfer services. "

[iluvpie60]

Bloomberg are pillars of the ponzi bankster architecture
Negative slant not really a shocker tbh

I do agree on this. The thing that bothers me is that we need to be on the defensive STILL.

I have no issue constantly defending something I beleive in, but it gets tiresome. I was more trying to draw some people there to help comment about how people want to blame bitcoin for everything bad. Some articles I read never get any support from people who really understand bitcoin and the media spreads their stupid bs. I usually comment on something with a few short sentences and a link to info on what bitcoin really is in those cases.

It just sucks because we don't have a 20 billion dollar news media giving us good PR. You know? So I guess we gotta do all we can, grass roots movement really. CoinDesk is helpful but sometimes a little off putting for my tastes.

[pissedoff]

This isn't a big deal whatsoever and this thread is obsolete to Bitcoin.

[bitsmichel]

It just sucks because we don't have a 20 billion dollar news media(or whatever the heck it is) giving us good PR. You know? So I guess we gotta do all we can, grass roots movement with some financial backing and believers. CoinDesk is helpful for sure, but sometimes a little off putting for my tastes. I feel like CoinDesk talks at a higher level so a normal person wouldn't really want to read anything there. I was off put by CoinDesk in the beginning days of my discovering Bitcoin because I didn't really understand anything I was reading there. It is fine we got technical details and blah there, but they need some more Joe Schmo dumbing down of articles for the (dumb)masses. lol.

There was a talk on this by Andreas Antonopoulos just recently. Usually when a revolutionary technology comes along the majority of people fail to see it..
This happened with the telegram, the telephone, the internet and now with bitcoin.

[ensurance982]

The mainstream media will always discredit Bitcoin and technology that disrupts the'old lifestyle' untill they can not deny it

Their stance on Bitcoin has actually changed in many ways already! It used to be pretty bad, but now they actually do report positive things about it! Let's see what happens when the next wave of adoption comes rolling in!

[Bit_Happy]

The mainstream media will always discredit Bitcoin and technology that disrupts the'old lifestyle' untill they can not deny it

Forbes and Time (?) magazine had important, mostly positive articles shortly before the huge May/June 2011 rally.
The occasional & repeated mainstream media positive 'hype' of Bitcoin is amazing and sometimes "a little strange".

For example take a good look at this USA TODAY logo:

[ensurance982]

The mainstream media will always discredit Bitcoin and technology that disrupts the'old lifestyle' untill they can not deny it

Forbes and Time (?) magazine had important, mostly positive articles shortly before the huge May/June 2011 rally.
The occasional & repeated mainstream media positive 'hype' of Bitcoin is amazing and sometimes "a little strange".

For example take a good look at this USA TODAY logo:

Yeah, that really blew my mind when that happened! I mean it's a major newspaper. Maybe not the best out there, but hey who cares? It's about the exposure of Bitcoin! And you see how it transcends even into those mainstream newspapers. It's awesome!

[gjgjg]

this is why BTC needs some proper marketing and PR teams working on getting joe soap to hear the good stuff about BTC. They onyl hear this type of thing so far and this will make it easy for governing bodies to regulate the crap out of it (or any other way to keep it restrained). If there were larger amounts of public adoption they would find it harder to do that.

We should have a kickstarter to fund a commercial campaign for the TV and papers and radio or similar. Get these media machines under the thumb of BTC like their other sponsors. Then well see how many peodo references there are to BTC... and at the same time it encourages wider mass adoption:)

also, lets try to get this viral, pls spam everyone with it:
http://youtu.be/cW3fM95L7RU
(Pheeva wallet commercial)

[ensurance982]

this is why BTC needs some proper marketing and PR teams working on getting joe soap to hear the good stuff about BTC. They onyl hear this type of thing so far and this will make it easy for governing bodies to regulate the crap out of it (or any other way to keep it restrained). If there were larger amounts of public adoption they would find it harder to do that.

We should have a kickstarter to fund a commercial campaign for the TV and papers and radio or similar. Get these media machines under the thumb of BTC like their other sponsors. Then well see how many peodo references there are to BTC... and at the same time it encourages wider mass adoption:)

also, lets try to get this viral, pls spam everyone with it:
http://youtu.be/cW3fM95L7RU
(Pheeva wallet commercial)

It is actually the task of the Bitcoin Foundation to lobby for Bitcoin and come up with clever ways of advertising it. They do get in the media, but aren't exactly successful in portraying Bitcoin from its brightest and positive sides, if you know what I mean 

[keithers]

I do not approve, but (supposedly) hard core kiddie porn is very popular among the top-level ruling class.

That's the crazy thing about top level people and governments too, they like to pass and enforce laws that they themselves break.

[keithers]

The mainstream media will always discredit Bitcoin and technology that disrupts the'old lifestyle' untill they can not deny it

Forbes and Time (?) magazine had important, mostly positive articles shortly before the huge May/June 2011 rally.
The occasional & repeated mainstream media positive 'hype' of Bitcoin is amazing and sometimes "a little strange".

For example take a good look at this USA TODAY logo:

I just went to USAtoday.com and now the blue symbol is a telephone, not a BTC