From Pine View Farm

Cyberhype 0

The Atlanta Journal-Constitution has brought forth an article by Sean Sposito extolling Bitcoins.

Here’s a bit from the bitbait:

It’s a system based on transparency rather than trust. And even if you’re not about to rush out and buy into the digital currency, the Bitcoin protocol could potentially change the way you — and all of us — do business in some pretty fundamental ways.

To prep for the changes to come, read the full story . . . .

That transparency depends on your having super-brawny computers (“bitcoin mining rigs“), database administration and encryption skills, and the ability to pay electric bills out the ying-yang to pay for the power for your mining rigs. How much more transparent can something be?

That “full story” is behind a paywall, and, as George Smith noticed, you can’t pay with bitcoins.

No, I didn’t byte.

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