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Author Topic: 2012-04-12 BusinessInsider's misconceptions about Bitcoin  (Read 1450 times)
PawShaker
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April 20, 2012, 07:54:53 AM
 #1

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BusinessInsider's misconceptions about Bitcoin
2012-04-12 Vitalik Buterin
http://bitcoinmagazine.net/businessinsiders-misconceptions-about-bitcoin

Joining the recent outburst of new Bitcoin-related articles in mainstream media, BusinessInsider has written an article with an anti-Bitcoin view. Unfortunately, though, the article contains quite a few flaws, both blatantly incorrect and highly misleading statements and misplaced fears about potential “problems” that the Bitcoin community has had solutions to for over a year.
[...]
In the essence: Vitalik Buterin rebutes claims of
http://www.businessinsider.com/dont-bank-on-digital-currency-bitcoin-replacing-the-dollar-2012-4

Since the original was quoted in now locked topic(https://bitcointalk.org/index.php?topic=1958.msg847302#msg847302) I thouth that rebutal should get some attention as well.

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April 22, 2012, 09:59:04 PM
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I don't think the "businessinsider" article deserved such a thorough rebuttal: it's a worthless piece of blatant propaganda written by an editor that is "fed" by Visa and Mastercard on a full time basis.
The fact that lobbyists must now resort to misrepresentations of bitcoin is another sign that bitcoin is recognized as a viable alternative.

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