- A Bitcoin Believer’s Crisis of Faith (nytimes.com)
- Bitcoin: Prominent Developer Declares the Digital Currency a Failure (fortune.com)
Another item was about an up-and-coming company named Digital Asset Holdings.
- Funds Roll In for Start-Up Harnessing Bitcoin Tech (nytimes.com) • 'A well-known former JPMorgan Chase executive, Blythe Masters, has raised $52 million from several big banks for a start-up built on the technology underlying the Bitcoin virtual currency.'
- Is Digital Asset's $50 Million Funding a Blow to Bitcoin? VCs Weigh In (coindesk.com)
Both New York Times stories (nytimes.com) were by Nathaniel Popper, writing for NYT's DealBook. Popper is the author of 'Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money' (Harper, 2015), a top-10 seller in Amazon's Books > Business & Money > Economics > Digital Currencies.
Another source of news was the annual World Economic Forum, Davos, Switzerland. The Davos stories might be worth a separate, deeper look.
- Davos 2016: Heads Of Morgan Stanley, Deutsche Bank, IMF Discuss Bitcoin And The Future Of Banking (ibtimes.com)
Among the other two dozen reports on my short list, several were about bitcoin's dark side, a favorite topic of mainstream news sources.
- Desperate times for bitcoin group (omaha.com, after Bloomberg News) • 'Bruce Fenton, executive director at the Bitcoin Foundation, opened its Dec. 15 board meeting with a sense of urgency.'
- Banks Still Closing Accounts Over Bitcoin Activity (cryptocoinsnews.com)
- Global police arrest bitcoin extortion suspect (marketwatch.com)
- Bitcoin Heist Steals Millions from Exchange (bankinfosecurity.com)
The previous post, 'Predictions', noted that bitcoin's reputation needs to be improved. In none of the headlines above is there much that indicates it is going to happen soon.
No comments:
Post a Comment