Bitcoin News
Daily diary of what's happening with Bitcoin.
A discussion on Bitcoin at the 2013 New Hampshire LIberty Forum, an annual gathering of voluntaryists and Libertarians, included panelists Erik Voorhees (@ErikVoorhees), Roger Ver (@RogerKVer) and Charlie Shrem (@CharlieShrem).
All News - Daily E-mail Subscription - Twitter: @BitcoinNews
Zach Harvey (@ManchFu) describes what Bitcoin offers him as a small business owner with a global customer base. Excerpts:
“After receiving numerous orders that were scam orders, I now can only accept PayPal and credit card sales to a small number of countries I know I won’t get many scam requests from. So now I accept these orders from just about ten percent of the countries that I started out with.”
-
“If you want to send or receive a wire for $10,000 or more, you may be looking at a form like [seen on video]. That’s just one page, and that’s for receiving $10,000. With Bitcoin, the form [doesn’t exist].”
-
“If there’s nothing between me and the consumer, then there’s no friction in the market. There is no discrimination between formal markets and informal markets with Bitcoin. Bitcoin simply doesn’t care. [The transaction] doesn’t go through any organization where that question — is this a formal or informal market, needs to be answered. [The money] just goes to where it is intended to go.”
-
“Bitcoin opens up the market completely for any transaction for you as a business to go directly to your customers without any unwanted middleman, and that’s why I’m excited about it.”
- http://www.youtube.com/watch?v=3cSG6uMM3q8#t=55s
All News - Daily E-mail Subscription - Twitter: @BitcoinNews
A post on Bitcoin Money (@BitcoinMoney) features a news report about Bitcoin that was broadcasted on YLE 2, a Finnish television channel. Excerpts of the post:
“The report covers the presence of Bitcoin at the Assembly 2012 event in Helsinki, Finland and provides an excellent overview of where Bitcoin is today.”
-
“The restaurant sandwiches for bitcoins didn’t care what the current exchange rate for bitcoin is, nor that the price is volatile, because the merchant uses a service to convert all coins received to Euro.”
-
“What this video shows is a technology where the network effect is beginning to take hold. There are areas where the density of Bitcoiners is sufficient for Bitcoin to start catching on for bricks and mortar just as it already has for the online merchants that are already using it.”
-
“That is when the Bitcoin economy starts to snowball. But it can’t get there without first climbing these initial steps. Evidence now shows that the climb is not only happening but is increasing at an even faster pace.”
- http://www.bitcoinmoney.com/post/31414125252
- http://www.youtube.com/watch?v=7vYH1JH73pw (Newscast on YouTube)
All News - Daily E-mail Subscription - Twitter: @BItcoinNews
GoWest (@GoWestBTC) labels the partly-finished 20Mission (@20Mission) tech space in San Francisco as “Bitcon’s Hogwarts”. Excerpts from his post:
“Jared Kenna, formerly of TradeHill, and Jonathan Ryan Owens of RingCoin have teamed up to launch 20Mission, a huge 41-room tech space project in the heart of San Francisco.”
“[It is hoped that] the space will produce a wide array of successful projects, most of which will be focused on Bitcoin-related businesses, though the space isn’t being advertised as ‘Bitcoin-only’.”
- http://bit.ly/JWTB0G (Bitcoin Trader post)
- http://www.youtube.com/watch?v=yFqWI-bvR2Q
- http://20Mission.com
Announced on the BitcoinTalk forum by Anthony Gallippi is the Screw Banks video and ScrewBanks.net website. The announcement reads:
“After many months of hard work and collaboration, today we are proud to release ‘Screw Banks’.
- http://screwbanks.net”
“Starring…the Vampire Squid, Jon Corzyne, a Bought Congress, PayPay, and a Colombian Hooker! Check out this crazy cast of characters:
- http://screwbanks.net/credits.html
it’s a great video targeted towards people upset with the banking system, for one reason or another.
This video introduces people to bitcoin in a nice cartoon, focusing on usability, not on technicality.
- http://www.ScrewBanks.net
- http://www.youtube.com/watch?v=5CrOKDOyW-Y
- http://bitcointalk.org/index.php?topic=80190.0
Peter Sunde (@Brokep), co-founder of Flattr is interviewed at the London Web Summit where he is asked about Bitcoin and decentralized money. Excerpts:
“Essentially you need a banking license to run Bitcoin. We [will] need to change the laws to make it possible for everyone to run their own [Bitcoin] system”.
“The banks are going to lobby heavily [against Bitcoin]. Decentralized money is good for the average people”.
“I’m a socialist. I love that people pay taxes. I want people to pay taxes. So for that reason, I see that there’s a need for it [AML restrictions ?]).”
“[Without cash] everything you do will be monitored. If you want to give money to a left wing or right wing extremist party because you really believe in the cause, it is not illegal for you but you will have to stand up for that because everyone can see that you did that”.
Peter concludes the interview:
“It’s revolutionary, but It’s probably going to be stopped before long”.
His comments in support of cash for its property of being anonymous were also documented in an article in Wired UK.
- http://www.youtube.com/watch?v=np-EKzP_Xtk (Length 5 1/2 minutes.)
- http://www.wired.co.uk/news/archive/2012-03/19/future-of-money
This event was Sept. 24th and 25th in London.
- http://www.ustream.tv/recorded/17474874 Part 1 (Length: 180 min.)
- http://www.ustream.tv/recorded/17480992 Part 2 (Length: 160 min.)
This event was Sept. 24th and 25th in London.
- http://www.ustream.tv/recorded/17474874 Part 1 (Length: 180 min.)
- http://www.ustream.tv/recorded/17480992 Part 2 (Length: 160 min.)
Chuck Jaffe, senior columnist for Marketwatch, goes on camera to discuss Bitcoin.
The talking points that are followed by all journalists wishing to steer their readers away from Bitcoin were followed, including coverage of the MyBitcoin fiasco, bubble, no backing, etc.
- http://on.wsj.com/p7IYFo (video)
- http://bit.ly/rr7z7v (Commentary in Marketwatch)
- http://www.bitcoinmoney.com/post/9558494235 (response)
