At 03:45 PM 18/04/2013, Bernard Robertson-Dunn wrote:
>If I read something on Reddit or Hacker News I don't know its ownership
>so I greatly decrease its credibility and trust. I'm more inclined to
>check sources for these reports than for newspaper reports.
>
>Linking this subject to another thread... I trust our currency (owned by
>the Australian government) much more than I would trust Bitcoin (owned
>by whom? with what credibility?).

I don't disagree with any of the above. Trust is relative, and even 
if I may trust a person on one domain, I won't necessarily trust in 
all domains. And I certainly don't trust mainstream media just 
because a story has been supposedly vetted by an editor because there 
are too many vested interests involved and too many barrows being 
pushed for unexposed reasons or even outright denied reasons that are 
also untrue denials. I don't need to name names because we all pretty 
much know which segment of the press I mean. Unfortunately, not 
everyone in the public believes there is this level of 
untrustworthiness of the MSM (too many talk radio shock jocks who 
play into the dark side of human nature), so the chance of developing 
a critical aspect toward it is uncertain, therefore a societal risk.

Trusting bitcoin was just stupid. Although I did hear a guy call in 
to ABC radio (yeah, I do listen to it, too, but at least I stick with 
the ABC) yesterday reporting that he speculated on Bitcoin before the 
crash and made enough to fund his engineering degree. Ethical? dunno. 
His question was about how he dealt with the resulting tax, if any!

Jan



Melbourne, Victoria, Australia
[email protected]
blog: http://janwhitaker.com/jansblog/
business: http://www.janwhitaker.com

Our truest response to the irrationality of the world is to paint or 
sing or write, for only in such response do we find truth.
~Madeline L'Engle, writer

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