When digital archeologists peruse Reddit in 20 years, to look at what happened to the Bitcoin community, it is posts like this pumper that will serve as a case study — an exhibit of how false information was used to promote adoption. As shown in the comments, the Klarna Group is not in fact adopting Bitcoin. It is unclear who is behind these type of posts, but it is unfortunately very common.
Below are some other interesting stories related to digital currencies and China. Link is not an endorsement to services:
- Toward a run – free financial system by John Cochrane (narrow banking, banks 100% funded by equity)
- Alibaba about to move forward on private bank in China from Kapronasia
- Marc Andreessen on Finance: ‘We Can Reinvent the Entire Thing’ from Stefan Loesch
- RibbitRewards Edges Closer To Release from BraveNewCoin
- 12 U.S. Code § 378 – Dealers in securities engaging in banking business; individuals or associations engaging in banking business; examinations and reports; penalties from Cornell Law
- SolidX Raises $3 Million to Give Institutional Investors Better Access to Bitcoin from CoinDesk
- Video Game Virtual Currencies – The forerunner to bitcoin from Bitcoin Magazine
- Cryptocurrency products and services will determine adoption of the currency – not the other way round from Richard Brown
- How Clusters Can Decipher The Bitcoin Blockchain from Coinalytics
- A Scalability Roadmap by Gavin Andresen (increasing block size)
- Melotic Makes Gold and Bitcoin More Interchangeable from Forbes
- Bitcoin’s Killer Apps by Adam Ludwin
- ‘Wash Trades’ Scrutinized from The Wall Street Journal
- Mobile payments to grow 60.8% by 2015: Capgemini from CIO
- “Almost 1 in 10 Bitcoins have been lost or stolen over time” from Coinsetter
- A Year After the Death of Silk Road, Darknet Markets Are Booming from The Atlantic
- SEC Amends Rule 506 To Permit General Solicitation In Securities Offerings from Mondaq
- Big Banks Are Confident in the Face of the Bitcoin Threat from Institutional Investor
- Free exchange: Unproductive production from The Economist (on total factor production in China)
- Bitcoin’s Rollercoaster Ride to Nowhere by David Evans
- Dell Becomes Bitcoin Mining Data Center Provider from Data Center Knowledge
- Does price still lead difficulty? from Neighborhood Pool Watch
- Interview with St. Louis Fed Vice President on Bitcoin from Bitcoin Magazine
- Make Master Protocol harder to censor (look for comments by Peter Todd and Luke-Jr.)
- Paper Boys: Inside the Dark, Labyrinthine, and Extremely Lucrative World of Consumer Debt Collection from New York Times Magazine