2012-08-08 GoogleDocs Jason Calacanis's launch talks bitcoins VERY disappointed

[gweedo]

@jason comment: I've been fascinated by bitcoin (see post here: http://lnch.is/OO3vlV), but I decided to not invest in any bitcoin startups, as I've been told it has become a currency in places like Silk Road.  Question: what is the URL of Silk Road these days? I know that you can only access it via Tor (anonymous P2P web surfing). - 4:19PM

https://docs.google.com/document/d/1FsgenlmMnh_DAy5oWn53Jma_QuDHTew2ARnBaHGLEIo/edit

I am kinda disappointed from when Gavin Andresen spoke to Jason on "This Week in Startups", he hyped it up but then did nothing to help the bitcoin community. I think the bitcoin community is a wealth of startup energy and places like Silk Road are just part of the ecosystem. While I believe you can steer completely clear of silk road, and not have to deal with it, just like bittorrent can be used to help datacenters and not illegal downloads. I just really hate that bitcoins is being sucked into silk road.

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[TraderTimm]

Remember, the holy 'trinity' of any acceptance of technology passes through the underground first - so, porn, drugs, personal vices adopt it first. The rest is coming, soon enough.

[gweedo]

Remember, the holy 'trinity' of any acceptance of technology passes through the underground first - so, porn, drugs, personal vices adopt it first. The rest is coming, soon enough.

I totally agree but what makes me upset is that in the beginning he looked like he was really into bitcoins and now he is kinda writing it off as just like a back alley fad. That is what really gets me angry, I mean it is "anonymous currency" not like anonymous networks would not pick up on that at some point.

[Serge]

he should stop investing in any fiat businesses and better off not using fiat at all with that reasoning

[marcus_of_augustus]

Yeah, Calacanis should be dumping all cash ... and any electronic chits that have passed through HSBC, Standard Chartered, NY Mellon databases, etc, the list is endless ... if he wants to start down the "holier-than-thou" road ... where on earth could he logically draw the line?

It is illogical.

[hazek]

It is illogical.

It's sensationalism driven media hype, he must hold an extreme position in order to stay relevant.

[nevafuse]

Whether you like it or not, Silkroad is definitely one of the driving forces of bitcoin's success.  It's one of the few merchants worth the hassle of exchanging dollars to bitcoins to purchase from.  And if you are worried about it stunting bitcoin's growth, don't be.  There are many benefits of bitcoin that overshadow its black market use.  Besides, the slower it grows the better.  The devs need time to work out the kinks.

[damnek]

I heard about bitcoin through his post. Now he's bailing out. But I'm staying in!

[Gabi]

as I've been told it has become a currency

If you base your investments on what "you have been told" then you better stop investing lol