Bitcoin's Success With Investors Alienates Earliest Adopters

Posted by timothy on Thursday May 23, 2013 @10:20AM from the who-has-the-gold-wins dept.

holy_calamity writes "Digital currency Bitcoin is gaining acceptance with mainstream venture capitalists, reports Technology Review, but at the price of its famed anonymity and ability to operate without central authority. Technology investors have now ploughed millions of dollars into a handful of Bitcoin-based payments and financial companies that are careful to follow financial regulations and don't offer anonymity. That's causing tensions in the community of Bitcoin enthusiasts, some of whom feel their currency's success has involved abandoning its most important features."

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Hipsters by Anonymous Coward · 2013-05-23 10:26 · Score: 5, Funny

"I liked Bitcoin before it was cool. It's too mainstream now"
1. Re:Hipsters by seepho · 2013-05-23 10:41 · Score: 5, Funny
  
  I encode my wallet file using touch tones and pressed a recording of it onto vinyl. The smoothness on the waveform of the 3/6/9 keys adds a certain warmth to my financial transactions.
Re:Bitcoin versus Real Money by Anonymous Coward · 2013-05-23 14:37 · Score: 4, Funny

I paid cash for a Fiat. Worst car I ever owned.