Bitcoin & Other Crypto Currencies in the Main Stream Media.

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Emanance

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Thought it be good to start a thread collecting articles both singing the praises or disembowelling these new fangled crypto currencies.
I'll start off with this hit piece by the 'tabloid' financial news service Business Insider:

http://www.businessinsider.com.au/bitcoin-libertarian-paradise-would-be-hell-on-earth-2013-12

So the Bitcoin experience gives us a glimpse of Libertarian paradise: What life would be like with as little government interference as possible, in a market free of burdensome laws and taxes.

Unfortunately, that experience looks like a total nightmare. It's characterised by radical instability, chaos, the rise of a boss-class of criminals who assassinate people they don't like, and a mass handover of wealth to a minority even smaller than the 1% that currently lauds it in the United States.

If Bitcoin was a country Bitcoinistan? it would be like Somalia.
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Edited spelling errors.
 
It's characterised by radical instability, chaos, the rise of a boss-class of criminals who assassinate people they don't like, and a mass handover of wealth to a minority
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I thought the article was supposed to be about Bitcoins, not about our current political system.
 
My elderly mum seen a TV clip on Bitcoin. Now she thinks I'm some type of criminal.
 
willrocks said:
My elderly mum seen a TV clip on Bitcoin. Now she thinks I'm some type of criminal.
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Well if anybody knows you well it would have to be your mum

:P
 
willrocks said:
My elderly mum seen a TV clip on Bitcoin. Now she thinks I'm some type of criminal.
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I wouldn't worry about it, she also thinks you're cute.

Mums make mistakes too you know. :)
 
Bitcoin chosen as word of the year by Australian National Dictionary Centre
Updated Fri 13 Dec 2013, 11:17am AEDT

Bitcoin has been chosen as the word of the year by the Australian National Dictionary Centre (ANDC).

Bitcoin is a type of digital currency in which transactions can be performed without the need for a central bank.

A single bitcoin is essentially a computer file or code that is traded between two people.

A peer-to-peer network using cryptography is used to verify bitcoin transactions as opposed to a central bank.

The currency has exploded in popularity since it began four years ago.

Where once a single bitcoin was worth a few cents online, it is now jumping around $1,000 per coin, creating millionaires in the process.

Can't tell a bitcoin from a blockchain? Read our explainer to see how the cryptocurrency works.
The ANDC, which is based at the Australian National University (ANU) in Canberra, chose the word after extensive research into popular words and phrases in circulation this year.

The centre's Dr Amanda Laugesen says popular words such as FOMO, microparty, Captain's Pick and twerk were also considered.

"FOMO or 'fear of missing out' refers to the anxiety that an exciting or interesting event may be happening elsewhere, often aroused by posts seen on social media," she said.

"The Federal Election results saw the word microparty come to prominence in reference to small political parties often based around a single issue.

"This year we learnt that to twerk is to dance in a sexually provocative manner involving thrusting hip movements and a low, squatting stance.

"We saw the term popularised by [pop star] Miley Cyrus and the American VMA Awards, and in Australia by Clive Palmer during the election campaign."

Last month, the Oxford Dictionaries chose selfie as its International Word of the Year.
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http://www.abc.net.au/news/2013-12-...e-chooses-bitcoin-as-word-of-the-year/5154160

Who else is feeling a little 'Fomo' about crypto? :P
 
From a popular Australian based online news website. This websites (news.com.au) has plenty
of trivial soft porn style articles for the masses on a near daily basis, but moving along.

14_bitcoin_sex_industry.png


From the news.com.au article.
14_bitcoin_sex_industry_.png



Article: http://www.news.com.au/finance/busi...ked-for-bitcoins/story-fn5lic6c-1226784071411
 
http://www.businessinsider.com.au/bitcoin-atms-for-australia-the-first-in-melbourne-2013-12

Aussie Government moving to regulate BTC locally!?

Bitcoin ATMs For Australia, The First In Melbourne

A local exchange plans the first Bitcoin ATMs in Australia starting with Melbourne.

And 21st Century Bitcoin Exchange says discussions will start soon with the government on regulating the Bitcoin market.

"With Bitcoins revolutionising traditional monetary transactions, Australia-based 21st Century Bitcoin Exchange is the first company to set up a Bitcoin ATM in the country," the company said in a written statement.

The company, which established www.bxe.com.au, is backed by 21st Century Media and Education Group of Companies and US Company International Operations LLC.

21st Media CEO Jamie McIntyre, who is hosting Australia's first Bitcoin Global Conference in Melbourne in March, says he is trying to secure the Winklevoss twins (who shot to fame for suing Facebook) as the headline speakers at the event.

The twins reportedly invested $11 million into Bitcoin a few years ago.
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Those Bitcoin Wierdos Might Just Be Right.

For those who don't know, the Spectator is a UK, Tory-centric printed publiction. James Delingpole writes for several newspapers and regularly takes a swipe at most greenist/leftist/warmist subjects.

I found the comments interesting. I wouldn't have guessed that the Spectator's audience was quite so switched on to what's going on outside the MSM. Or, on reflection, maybe I shouldn't be at all surprised?

http://www.spectator.co.uk/columnis...32/those-bitcoin-weirdos-might-just-be-right/
 
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