23 Aug '13, 7pm

Golden answers to your bitcoin questions - CoinDesk #bitcoin

Welcome to the CoinDesk Weekly Review 23rd August 2013 — a regular look at the hottest, most controversial and thought-provoking events in the world of digital currency through the eyes of skepticism and wonder. Your host … John Law Bitcoining it, 1980s style You may have heard of the Osborne effect. Named after early personal computer entrepreneur Adam Osborne, it describes what happens when a company kills its cash flow – and itself – by announcing a new product so far ahead of production that the drop in sales of the old product is fatal. There was a very successful Osborne 1 PC launched in 1981; the superior Osborne Executive was announced in 1982 but not delivered in numbers quickly enough to replace lost sales. Bear that in mind when reading about Butterfly Labs’ latest announcement – the Monarch – which, while it has splendid specifications, has no firm delivery dat...

Full article: http://www.coindesk.com/golden-answers-to-all-your-bitcoi...

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