I think that from here forward no company should be allowed to store Bitcoin, or have an online wallet service, without us first knowing full well who we are dealing with.
Knowing who we're dealing with doesn't seem to help. Look how many idiots there still are supporting Bruce for an example.
I think that from here forward no company should be allowed to store Bitcoin, or have an online wallet service, without us first knowing full well who we are dealing with.
I think, required or not, people have learned their lesson, and anyone wishing to continue competing in this field will self-disclose that information anyway. Though in the future, perhaps "Public Service Announcements" may be necessary.
What I've learned about BW and EG is that they've been doing their online shows prior to getting introduced to Bitcoin. If memory serves me correctly, they even stated that they seen an opportunity with Bitcoin. It provided them fodder for a whole series of shows, if nothing else. Hell, if during the latter part of 2010 they saw something new like Pet Rocks as a profitable fad, they would have connected with that community and started their shows around it. We would have seen petrockme.com, and even mypetrock.com advertise on OnlyOneTV. With their charm (you must admit they're charming), they could have easily gotten one of their favorite restaurants to accept Pet Rocks for payment. A major announcement at the Pet Rock Expo 2011 would have been that there's going to be a great Get Your Rocks off at Pattaya next year, along with free beer on the Pet Rock Cruise. Or, trade your Pet Rocks at Mt.Rocks or TradeRocks.
I've seen many of Bruce's shows, and I have to admit that he still stumbles on what Bitcoin is. Even with the basic info, he first states I'm not sure what this is, but perhaps you can enlighten me by answering this question (many examples). I'm sure he would have gotten the basic facts incorrect on Pet Rocks if the shows were centered around such an animal.