RE NYT Article: "The Rush to Coin Virtual Money With Real Value"

RE:
http://finance.yahoo.com/news/rush-coin-virtual-money-real-211753303.html

I just sent the following message to the author:

Mr. Popper, Your article might be usefully expanded to include the open
standard web payments work coordinated by Manu Sporny through the W3C:
http://www.w3.org/community/webpayments/

Joseph Potvin

On Fri, Sep 13, 2013 at 12:58 PM, Joseph Potvin <jpotvin@opman.ca> wrote:

> Bitcoin is scarce but an infinite number of technologically identical
> derivative crypto-currencies can be created. So is it not true to say
> that Bitcoin is only scarce based on brand loyalty? If/when Gitcoin
> and Hitcoin and Titcoin also come on the market, then what does the
> mathematical scarcity of Bitcoin really come to?  Spock's darned
> "Parallel Universe Problem"
>
> https://www.youtube.com/watch?v=UfH-0VxMMsA&list=PLLRnlOrp03B0YZ3i5Q2JN_1JmTExP_Qr1
>
> On Fri, Sep 13, 2013 at 12:30 PM, David I. Lehn <dil@lehn.org> wrote:
> > On Thu, Sep 12, 2013 at 7:53 PM,  <eanders@pobox.com> wrote:
> >> $6,000 2T miners
> >>
> http://www.marketwatch.com/story/cointerra-introduces-two-low-cost-bitcoin-asic-mining-solutions-2013-09-12
> >>
> >
> > $3500 for a "low-cost" "entry-level" model?  And using some fuzzy
> > estimates, barely worth the risk and trouble at only a cumulative
> > profit over a year of ~50% the cost of the hardware itself.  Then the
> > hardware loses money to operate.  This is a strange game.
> >
> > http://mining.thegenesisblock.com/
> >
> > -dave
> >
>
>
>
> --
> Joseph Potvin
> Operations Manager | Gestionnaire des opérations
> The Opman Company | La compagnie Opman
> http://www.projectmanagementhotel.com/projects/opman-portfolio
> jpotvin@opman.ca
> Mobile: 819-593-5983
> LinkedIn (Google short URL): http://goo.gl/Ssp56
>
>
> --
> Joseph Potvin
> Operations Manager | Gestionnaire des opérations
> The Opman Company | La compagnie Opman
> http://www.projectmanagementhotel.com/projects/opman-portfolio
> jpotvin@opman.ca
> Mobile: 819-593-5983
> LinkedIn (Google short URL): http://goo.gl/Ssp56
>



-- 
Joseph Potvin
Operations Manager | Gestionnaire des opérations
The Opman Company | La compagnie Opman
http://www.projectmanagementhotel.com/projects/opman-portfolio
jpotvin@opman.ca
Mobile: 819-593-5983
LinkedIn (Google short URL): http://goo.gl/Ssp56