Bitcoin's Spectacle Renews Fight Within Hard Money Camp ...

Bitcoiners' efforts to put Bitcoin back on Wikipedia, 2010

On July 30, 2010, the Bitcoin article on Wikipedia was deleted, and it took until December to restore it. "No notable third-party coverage" was the main reason for deletion. Yes, there was a time when Bitcoin wasn't even being used by drug-dealers, so there weren't great stories for the press. Frustratingly, the Bitcoin Wikipedia page had existed since March 8, 2009, and by July 2010 it had been refined and polished to the point where it seemed to have met Wikipedia standards. More frustrating about the deletion, perhaps, was that Bitcoin was not easy to comprehend in July 2010, so a Wikipedia article was critical to helping bitcoin adoption. Without it, how else were you to tell your friends, taxi drivers and parents what it really was?
On August 4 of 2010, the outcry was great enough from the community at bitcointalk that the Bitcoin page on Wikipedia was put up for deletion review. However the page's deletion was upheld. Then when bitcoiners lobbied for another deletion review in September the deletion was once again upheld.
The main reason for keeping it deleted in each instance was the lack of notable, credible sources. One of the wiki editors said "The message to Bitcoin's supporters is: you would be better spending your energy in writing articles about it and getting them published in some reliable industry journals (i.e. those with enough editorial control to be accepted here as reliable sources). When you have achieved that, you can cite them as references and there will be no problem here. Your mistake is to try to use Wikipedia as the start of your promotion campaign - that's not what it's for."
Fair enough! Bitcoiners at the time were using bitcoin-related sources as their "credible sources", and wiki editors weren't falling for it. Eight out of eight citations on the June 2010 Wikipedia page were from bitcoin.org.
Here's another brief interaction between non-deletion user "Em3rgent0rdr" and glacier expert (and wiki deletionist) Polargeo:
There are now close to 5 million bitcoins, and at the current exchange rate of ~$0.22 USD/bitcoin, that means approx $1,100,000 USD worth of bitcoins exist in the bitcoin economy. This is significant. --Em3rgent0rdr
My uncle has a house worth more than that. Do you think his house should have a page on wikipedia? Polargeo
I understand Polargeo's point, but I've always taken a guilty satisfaction in knowing that Bitcoin's market cap has eclipsed the value of his uncle's house.
Eventually coverage from The Irish Times, Lew Rockwell and PCWorld put enough independent journalistic credibility into bitcoin, that the third deletion review came back with a Restore decision. The conservative crew at Wikipedia gave this warning before restoring the page: "if restored, protect immediately from new users-this one is a crapmagnet".
Take a deeper look at the Bitcoin Wikipedia page's stats, you'll see lots of work put in (for no miner's reward!). 2,452 editors and over 13,000 total revisions. If you're a Bitcoin Wikipedia editor, I'd love to hear from you in the comments below.
submitted by mpkomara to Bitcoin [link] [comments]

Lew Rockwell: Governments Lie All The Time & Only Tell Truth When Convenient Jim Rogers On Lew Rockwell Show (Podcast) Part 1 Bitcoin, Present and Future, with Roger Ver Austrian Economics vs Keynesian Economics. Mt. Gox Shuts Down - Bitcoins Over?  What's Trending Now

David Kramer is one of them and has made an interesting post over at Lew Rockwell, about Bitcoin. Lets take a look. I’m sure by now many of you have heard about Bitcoin. The fact that it’s called “virtual currency” gives you an idea about its actual value as a real medium of exchange. This isn’t true; the only thing that gives you an idea about its value as a medium of exchange is ... Also, bitcoin forums frequently mention that miners could decide to increase the number of digits to 16 to the right of the decimal or to any other amount “if the need arises.” But, they also say that this wouldn’t affect the fundamental value of each bitcoin since the amount to the left of the decimal would still be limited to 21 million ... See the Bitcoin exchange rate i.e. the current value of one bitcoin. Convert any amount to or from your preferred currency. Bitcoin is a digital currency. You can use Bitcoin to send money to anyone via the Internet with no middleman. Learn more here. Usage. Keep an eye on the Bitcoin price, even while browsing in other tabs. Simply keep this site open and see the live Bitcoin price in the ... Many economists and financial commentators believe that in the unregulated market of the internet economy, new forms of money can be created that bypass central-bank and government supervision. The latest development is the emergence of a new electronic means of exchange, Bitcoin (BTC). Bitcoin was launched on January 3, 2009 by its inventor, a programmer called Satoshi Nakamote. But as Lew Rockwell taught me while working with me on the above article about Bitcoin (he made me rewrite the ending before publishing it), there is no one solution to any societal problem. The phrase he uses is “Let a thousand flowers bloom.” In other words, because you see a solution doesn’t mean it has to be the solution.

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Lew Rockwell: Governments Lie All The Time & Only Tell Truth When Convenient

In his recent appearance on RT, Lew Rockwell discusses the upside of government default. Rockwell is founder and CEO of the Mises Institute. For more information, visit the Mises Institute online a... Bitcoin.com CEO Roger Ver joins me to discuss a wide range of topics related to the cryptocurrency Bitcoin, including its recent spike, ideological disputes within the Bitcoin world, the IRS and ... Bitcoin exchange Mt. Gox shut down Sunday. The website is blank and their Twitter account deleted all tweets. Is this a Bitcoin crisis? Subscribe for more vi... The Lew Rockwell Show #41 - Thanks for the Inflationary Depression - Duration: 13:25. ... Bitcoin Crash, Anti-Bearish Coalition, Taxes and Strategy Microsoft Global 21,003 watching. Live now ; 12 ... 👇🏻Support the channel by using my affiliate links below👇🏻 Exchanges I'm using: Coinbase FIAT https://www.coinbase.com/join/59398125002bcc03276297d6 Bin...

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