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Friday, March 07, 2014

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DBDigital Epsilon

The ironic thing is Newsweek has already been proven wrong. I think it was Ars Technica that released a story giving details that Newsweek's information about the identity of Bitcoin's creator was very incorrect. I don't have the article handy or I would give the link here.

Gwyneth Llewelyn

In the mean time, Newsweek has posted a letter from the poor guy who was misidentified as Bitcoin's creator. It's sad really, since he might not be able to afford legal counsel to sue Newsweek...

Is their claim that Bitcoin exchanges 500 million dollars per day true? If so, I'd say it's certainly a digital currency "more successful" than the L$ — which "only" gets 500 million dollars transacted per year.

Still, as far as I know, the huge success of Bitcoin is that it's so successfully employed on those kinds of sites that cannot use PayPal or similar credit card processors. Aye, you know what kinds of sites I mean. By contrast, the L$ is mostly used to acquire content and pay tier...

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