Bitcoin news

in #bitcoin7 years ago

Hi ! Just some news around Bitcoin.

From time to time there is an interesting article that is not biased against Bitcoin.
Venezuelans Seeing Bitcoin Boom as Survival, Not Speculation by Christine Armario
https://www.nytimes.com/aponline/2017/12/13/world/americas/ap-lt-venezuela-bitcoin-boom.html
The article is not perfect, but it shows the reality of the why of Bitcoin and other cryptocurrencies when government/central bank mess up with fiat currencies.

Something quiet different "Bitcoin and the dangerous fantasy of ‘apolitical’ money" by Yanis Varoufakis
https://www.yanisvaroufakis.eu/2013/04/22/bitcoin-and-the-dangerous-fantasy-of-apolitical-money/
To keep it short, it is a neo-classic economist argumentation, first paragraph is just a poor presentation of bitcoin, the second paragraph just says that bitcoin is a simulation of gold, the third one talks about the classic issue with deflation and the problem of the bitcoin aristocracy with the funny argument at the end that we need a Bitcoin Central Bank. He finishes with there can be no de-politicised currency capable of ‘powering’ an advanced, industrial society.
I think that on the medium and long term Bitcoin will not be the main cryptocurrency, but I strongly believe that we can have one or few cryptocurrencies able to power our society to the next level.

A beautiful article called "The Bitcoin Paradox - Why cryptocurrency will always be political. " by Simon DeDeo
http://nautil.us/issue/55/trust/the-bitcoin-paradox
The first part is about the common knowledge, how people meet and share it. The second part is a nice way of describing the blockchain, next comes the ledger, after the fork that change the rules.

The 2017 Bitcoin Roller coaster by Luis Villeda
http://luisvilleda.space/the-2017-bitcoin-roller-coaster/#.WjPFZCEECsI.hackernews
It is a 2017 timeline of things that happen on Bitcoin, it is a bit incomplete, it is missing in March for instance the announcement from Japan that awake the price.

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