Reddit about to fully integrate bitcoin!

[knight22]

Ryan X. Charles, Reddit's new Cryptocurrency Engineer

It's definitely long-term. Bitcoin technology will ultimately become integral to reddit. We've had some internal brainstorming about ways we could integrate - the possibilities are enormous.

https://np.reddit.com/r/blog/comments/2owj55/welcome_drew_ryan_mike_daniel_joe_dave_david/cmral8p

Ryan X. Charles (/u/ryancarnated), cryptocurrency engineer

I discovered bitcoin on May 13, 2011 and never recovered. After developing a reputation as the bitcoin guy at the physics department, I eventually quit my physics PhD program and went full-time bitcoin. I worked for the best bitcoin company in the world, BitPay, but couldn't pass up an opportunity to bring bitcoin to millions of reddit users. I'm working on reddit's digital asset, as well as general purpose bitcoin infrastructure to enable things like micropayments and contracts. My favorite things are elliptic curves, hash functions, and Merkle trees. My favorite subreddits are /r/bitcoin, /r/sloths and /r/earthporn. If I had written bitcoin, it would have been in javascript.

http://www.redditblog.com/2014/12/welcome-drew-ryan-mike-daniel-joe-dave.html

[redsn0w]

Thanks for having shared with us this amazing news  ! This is a great pass for the bitcoin economy  and also for the bitcoin community.

[DOGEYOLO]

Lmao at "if I had written bitcoin it would have been in JavaScript."... GJ taking the risk and good luck!

[CoinCidental]

Lmao at "if I had written bitcoin it would have been in JavaScript."... GJ taking the risk and good luck!

it isnt a risk .......

[DOGEYOLO]

Heh.. everything's a risk  . But happy to hear it's been working out.

Lmao at "if I had written bitcoin it would have been in JavaScript."... GJ taking the risk and good luck!

it isnt a risk .......

[redsn0w]

Heh.. everything's a risk  . But happy to hear it's been working out.

Lmao at "if I had written bitcoin it would have been in JavaScript."... GJ taking the risk and good luck!

it isnt a risk .......

Today is a good day for the bitcoin technology , also microsoft has started to accept bitcoin as method of payment!

[achimsmile]

Lmao at "if I had written bitcoin it would have been in JavaScript."... GJ taking the risk and good luck!

I hope he meant JavaScript

[LiteCoinGuy]

good news all over the place. reddit, MS -

[SirChiko]

Heh.. everything's a risk  . But happy to hear it's been working out.

Lmao at "if I had written bitcoin it would have been in JavaScript."... GJ taking the risk and good luck!

it isnt a risk .......

Today is a good day for the bitcoin technology , also microsoft has started to accept bitcoin as method of payment!

Since when microsoft did? Seems like nice news!

[Lauda]

Since when microsoft did? Seems like nice news!

Since yesterday, use google or find it on the forums.
Great news in 1 day.

[ChuckBuck]

Heh.. everything's a risk  . But happy to hear it's been working out.

Lmao at "if I had written bitcoin it would have been in JavaScript."... GJ taking the risk and good luck!

it isnt a risk .......

Today is a good day for the bitcoin technology , also microsoft has started to accept bitcoin as method of payment!

Since when microsoft did? Seems like nice news!

Yessir:



Good job on Reddit in taking the plunge.  News on top of news right now for Bitcoin.

[BitCoinNutJob]

I keep thinking they have plans to try and make their own currency vs just using the BTC currency is anyone else getting that read?

[LiteCoinGuy]

I keep thinking they have plans to try and make their own currency vs just using the BTC currency is anyone else getting that read?

wrong because when you understand bitcoin its just stupid to make "your own crappy crypto":

https://bitcointalk.org/index.php?topic=889416.0

------------


note: this story has a 50 Mio funding behind it 
http://www.coindesk.com/reddit-50-million-new-cryptocurrency/

[allthingsluxury]

Ryan X. Charles, Reddit's new Cryptocurrency Engineer

It's definitely long-term. Bitcoin technology will ultimately become integral to reddit. We've had some internal brainstorming about ways we could integrate - the possibilities are enormous.

https://np.reddit.com/r/blog/comments/2owj55/welcome_drew_ryan_mike_daniel_joe_dave_david/cmral8p

Ryan X. Charles (/u/ryancarnated), cryptocurrency engineer

I discovered bitcoin on May 13, 2011 and never recovered. After developing a reputation as the bitcoin guy at the physics department, I eventually quit my physics PhD program and went full-time bitcoin. I worked for the best bitcoin company in the world, BitPay, but couldn't pass up an opportunity to bring bitcoin to millions of reddit users. I'm working on reddit's digital asset, as well as general purpose bitcoin infrastructure to enable things like micropayments and contracts. My favorite things are elliptic curves, hash functions, and Merkle trees. My favorite subreddits are /r/bitcoin, /r/sloths and /r/earthporn. If I had written bitcoin, it would have been in javascript.

http://www.redditblog.com/2014/12/welcome-drew-ryan-mike-daniel-joe-dave.html

Wow, great news, thanks for sharing.

[redsn0w]

Check this also :

<< Great question! First of all, see Oleg Andreev's excellent article "The universe wants one money": http://blog.oleganza.com/post/54121516413/the-universe-wants-one-money
Competing with bitcoin wouldn't make any sense. Rather than compete, we want to build on and with the bitcoin community. We will not create a currency that competes with bitcoin. Instead, we will leverage the blockchain (The Blockchain, i.e., the bitcoin blockchain), and quite possibly also sidechains, in order to build our technology.
We are not making an altcoin. We are not making an altcoin. We are not making an altcoin. >>




https://bitcointalk.org/index.php?topic=68655.msg9802327#msg9802327

[siameze]

Check this also :

<< Great question! First of all, see Oleg Andreev's excellent article "The universe wants one money": http://blog.oleganza.com/post/54121516413/the-universe-wants-one-money
Competing with bitcoin wouldn't make any sense. Rather than compete, we want to build on and with the bitcoin community. We will not create a currency that competes with bitcoin. Instead, we will leverage the blockchain (The Blockchain, i.e., the bitcoin blockchain), and quite possibly also sidechains, in order to build our technology.
We are not making an altcoin. We are not making an altcoin. We are not making an altcoin. >>




https://bitcointalk.org/index.php?topic=68655.msg9802327#msg9802327

I am going to preserve this quote. The more I look at alts, the more I despise them. It would indeed be much better for folks to build and expand upon the bitcoin technology as it is. I was pleased that reddit decided not to build yet another shitty clone coin.

Also, for those of you using changetip on reddit, here is a post on how to make an easy macro for quick tipping. http://redd.it/2lhsna

[rz20]

Thank you for sharing this I didn't know they where going to integrate it so soon!

[junglist.massive]

2015 will be huge step for us

[bitbaby]

This is a very good news, of-course the better news will be when they actually do integrate it. Reddit imho is a better social media than any other and if they do this it will increase BTCitcoin adoption as the concept will reach genuine audience.

[Sellers]

Thanks for the share op!