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Author Topic: 2012-05-30 bitecommunications.com - Tech Deep Dive: Bitcoin is not for the ...  (Read 967 times)
julz
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May 30, 2012, 12:02:54 AM
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Tech Deep Dive: Bitcoin is not for the faint of heart

Jillian Mackintosh
2012-05-30

http://www.bitecommunications.com/tech-deep-dive-bitcoin-is-not-for-the-faint-of-heart/

...
Without further ado, first up is Bitcoin– a new technology being adopted by liberals, geeky ITs, financiers and soon you? Due to the very complex and tech savvy nature of Bitcoin, it has remained somewhat underground. Let’s take a minute to look more closely.
...


So, do you have the desire to experiment? The payoffs and losses are real, but who really knows how Bitcoin will eventually operate in the future. Will it spark a new beginning to a global digital currency? We’ve witnessed a horizontal shift towards a peer-to-peer centered government from hacktavists, Pirate Party, Occupy Movement and so on who fight for privacy, decentralization from banks, governments and corporations, while remaining completely anonymous.  This might be Bitcoin’s demographic at the moment but will it eventually grasp the larger population?

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May 30, 2012, 03:03:46 AM
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Tech Deep Dive: Bitcoin is not for the faint of heart

Jillian Mackintosh
2012-05-30

http://www.bitecommunications.com/tech-deep-dive-bitcoin-is-not-for-the-faint-of-heart/

...
Without further ado, first up is Bitcoin– a new technology being adopted by liberals, geeky ITs, financiers and soon you? Due to the very complex and tech savvy nature of Bitcoin, it has remained somewhat underground. Let’s take a minute to look more closely.
...


So, do you have the desire to experiment? The payoffs and losses are real, but who really knows how Bitcoin will eventually operate in the future. Will it spark a new beginning to a global digital currency? We’ve witnessed a horizontal shift towards a peer-to-peer centered government from hacktavists, Pirate Party, Occupy Movement and so on who fight for privacy, decentralization from banks, governments and corporations, while remaining completely anonymous.  This might be Bitcoin’s demographic at the moment but will it eventually grasp the larger population?

Ok little article.  Little late to the party and the author appears not to have done the deepest research - "Bitcoin was designed and created by an anonymous Japanese computer science student..." and "[Bitcoin] has a ledger that deducts from one account to another, following the transaction trails or “nodes,” but these nodes are completely anonymous".  But, hey, it's something.
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