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I always find it funny how news articles and TV news have to show some kind of physical "coin" for bitcoin news. The whole point about bitcoin is it is virtual
by ck2 13y ago
I always find it funny how news articles and TV news have to show some kind of physical "coin" for bitcoin news.
The whole point about bitcoin is it is virtual. I guess at most a QR code is just not sexy enough.
BTW this is how news is manipulated about what to cover. If you want a lot of coverage for your product, make a lot of media available, photos, video, etc. If you have bad news, political, judicial, etc. makes no audio, video, or photos available by law or otherwise and boom, little to no coverage. Because of "dog vs squirrel" attention span.
Now let's look at this tidbit they repeat in every bitcoin story:
James Howells lost about £4.6m when he threw away his hard drive, forgetting that he had bitcoins stored on it.
This is bbc news, not fox news. I expect better. Did the BBC confirm how many bitcoins were on his hard drive? Did someone look at the blockchain or some other detail? I think not. So I say he lost nothing until proven otherwise.
- GigabyteCoin 13y agoI too thought it was an odd reference. He threw out his hard drive without thinking because bitcoin literally was worthless back then. He had no need for a secure vault at the time to store his old broken HDD in.
- retube 13y agoThe guy who threw away his coins was a big story a few months ago, was all over the news.
- thisiswrong 13y ago> This is bbc news, not fox news. I expect better. Seeing how bbc 'news' have covered the NSA scandal so far [1] I would no longer say there's much difference between bbc and fox. Both are establishment mouthpieces, while one is quite blatant and the other more subtle. You could perhaps argue that fox 'news' spectators are mostly clueless brainwashed Americans while bbc 'news' still has a strong following among all levels of English society. [1] http://www.youtube.com/watch?v=f1Zvo8N3G94 http://www.youtube.com/watch?v=f1Zvo8N3G94
- gelutu 13y agoBitcoin is not virtual, its digital.
- ck2 13y agoIt's actually both. Digital in generation and transmission. Virtual in that we treat it like something that has financial meaning and weight.