Add Press Center with resources, FAQ and interviewees

README.md

@@ -33,8 +33,9 @@ Installing dependencies on older Ubuntu and Debian distributions
 4. Sitemap, Add links to your translated pages in _config.yml under their equivalent english version.
 5. Images, Update the few images that contain text with any vector image editing software like Inkscape.
 6. Languages, Make sure that the languages are listed in alphabetical order in _config.yml
-7. Post, Remove sections that use _posts such as "version-history" and "news". Those are not meant to be translated yet.
-8. Preview, Check that texts that are limited in size display nicely. For example, right side buttons and some titles have height or width restrictions. You can preview your work without building the website. Just visit the existing english page, open the javascript console of your browser (CTRL + SHIFT + J on Google Chrome) and copy the following command to make the page editable : document.body.contentEditable=true . This will allow you to edit and preview the page in your browser like a document.
+7. Post, Remove pages that use _posts such as "version-history" and "news". Those are not meant to be translated yet.
+8. Press, Remove "press coverage" and "interviewees" in the Press center. The rest can be translated.
+9. Preview, Check that texts that are limited in size display nicely. For example, right side buttons and some titles have height or width restrictions. You can preview your work without building the website. Just visit the existing english page, open the javascript console of your browser (CTRL + SHIFT + J on Google Chrome) and copy the following command to make the page editable : document.body.contentEditable=true . This will allow you to edit and preview the page in your browser like a document.
 
 ### Update
 

_config.yml

@@ -32,6 +32,8 @@ section:
     en: bitcoin-for-businesses
     fr: bitcoin-pour-entreprises
     es: bitcoin-para-empresas
+  bitcoin-for-press:
+    en: bitcoin-for-press
   choose-your-wallet:
     en: choose-your-wallet
     fr: choisir-votre-porte-monnaie

_layouts/base-en.html

@@ -9,6 +9,8 @@ menufor:
   url: bitcoin-for-developers
 - text: Enthusiasts
   url: bitcoin-for-enthusiasts
+- text: Press
+  url: bitcoin-for-press
 menu:
 - text: How it works
   url: how-it-works
@@ -74,10 +76,10 @@ menu:
     </ul>
   </div></div>
   <div id="body">
-    <div id="content">
+    <div id="content"{% if page.mode == "wide" %} class="wide"{% endif %}>
     {{ content }}
     </div>
-    <div id="rightbox">
+    <div id="rightbox"{% if page.mode == "wide" %} class="wide"{% endif %}>
       <div id="choose">
         <a href="/en/choose-your-wallet"><img src="/img/but_start.svg" alt="Choose your wallet">Choose your wallet</a>
       </div>

_layouts/base-es.html

@@ -74,10 +74,10 @@ menu:
     </ul>
   </div></div>
   <div id="body">
-    <div id="content">
+    <div id="content"{% if page.mode == "wide" %} class="wide"{% endif %}>
     {{ content }}
     </div>
-    <div id="rightbox">
+    <div id="rightbox"{% if page.mode == "wide" %} class="wide"{% endif %}>
       <div id="choose">
         <a href="/es/elige-tu-monedero"><img src="/img/but_start.svg" alt="Elige tu monedero">Elige tu monedero</a>
       </div>

_layouts/base-fr.html

@@ -74,10 +74,10 @@ menu:
     </ul>
   </div></div>
   <div id="body">
-    <div id="content">
+    <div id="content"{% if page.mode == "wide" %} class="wide"{% endif %}>
     {{ content }}
     </div>
-    <div id="rightbox">
+    <div id="rightbox"{% if page.mode == "wide" %} class="wide"{% endif %}>
       <div id="choose">
         <a href="/fr/choisir-votre-porte-monnaie"><img src="/img/but_start.svg" alt="Choisissez votre porte-monnaie">Choisissez votre porte-monnaie</a>
       </div>

_less/screen.less

@@ -37,6 +37,7 @@ p {
 }
 a:link,a:visited,a:active{
 	color:#4892b2;
+	text-decoration:none;
 }
 a:link:hover,a:visited:hover,a:active:hover{
 	color:#75bfdf;
@@ -304,6 +305,10 @@ li{
 	-webkit-border-radius: 6px;
 	-moz-border-radius: 6px;
 }
+#content.wide{
+	padding:20px 40px 30px 30px;
+	max-width:990px;
+}
 
 #rightbox{
 	width:210px;
@@ -314,6 +319,10 @@ li{
 	-webkit-border-radius:5px;
 	padding:5px;
 }
+#rightbox.wide{
+	display:none;
+}
+
 #choose>a:first-child,#before>a:first-child,#support>a:first-child{
 	padding:10px 8px 10px 48px;
 	color:#fff;
@@ -571,6 +580,162 @@ li{
 	-webkit-border-radius:9px;
 }
 
+.press h2{
+	font-size:150%;
+}
+	
+.press-volunteer{
+	text-align:left;
+	-webkit-border-radius: 8px;
+	-moz-border-radius: 8px;
+	border-radius: 8px;
+}
+.press-volunteer>p{
+	margin-top:0px;
+	margin-bottom:30px;
+}
+.press-volunteer>p>img{
+	vertical-align:bottom;
+}
+.press-volunteer>div{
+	width:400px;
+	height:150px;
+	display:inline-block;
+	zoom:1;*display:inline;/*IE7 support*/
+	margin-right:30px;
+	margin-bottom:30px;
+	vertical-align:top;
+}
+.press-volunteer>div>img{
+	float:left;
+	margin-right:30px;
+}
+.press-volunteer>div>img:first-child+p{
+	font-weight:bold;
+	color:#0d579b;
+	margin:0px;
+}
+.press-volunteer>div>img:first-child+p+p{
+	margin:0px;
+}
+.press-volunteer>div>img:first-child+p+p+p{
+	font-size:80%;
+}
+.press-volunteer>div>img:first-child+p+p+p+p{
+	margin:0px;
+}
+
+.press-faq{
+	text-align:left;
+	-webkit-border-radius: 8px;
+	-moz-border-radius: 8px;
+	border-radius: 8px;
+}
+.press-faq>div{
+	width:400px;
+	display:inline-block;
+	zoom:1;*display:inline;/*IE7 support*/
+	vertical-align:top;
+	text-align:left;
+	margin-bottom:15px;
+	margin-right:30px;
+}
+.press-faq>div>a{
+	display:inline-block;
+	font-weight:bold;
+	margin-right:20px;
+}
+.press-faq>div>div{
+	height:0px;
+	overflow:hidden;
+	text-align:justify;
+	transition: height 400ms ease-out;
+	-moz-transition: height 400ms ease-out;
+	-webkit-transition: height 400ms ease-out;
+}
+.press-faq li{
+	text-align:justify;
+	line-height:1.5em;
+}
+.press-faq>div>span>p{
+	margin-bottom:0px;
+}
+
+.press-materials{
+	text-align:left;
+	-webkit-border-radius: 8px;
+	-moz-border-radius: 8px;
+	border-radius: 8px;
+}
+
+.press-materials>div>a{
+	font-weight: bold;
+	font-size: 110%;
+}
+.press-materials>div{
+	display:inline-block;
+	zoom:1;*display:inline;/*IE7 support*/
+	width:300px;
+	vertical-align:top;
+	position:relative;
+}
+.press-materials>div>div{
+	height:270px;
+	overflow:hidden;
+	transition: height 400ms ease-out;
+	-moz-transition: height 400ms ease-out;
+	-webkit-transition: height 400ms ease-out;
+}
+.press-materials>div:first-child+div>div img{
+	margin-right: 14px;
+	margin-bottom: 14px;
+	height:120px;
+	width:120px;
+	-webkit-border-radius: 10px;
+	-moz-border-radius: 10px;
+	border-radius: 10px;
+}
+.press-materials>div:first-child>div>p>a{
+	margin-right:10px;
+	margin-bottom:10px;
+	display:inline-block;
+}
+.press-materials>div:first-child+div+div>div>p{
+	margin-bottom:25px;
+	margin-top:0px
+}
+.press-materials>div:first-child+div+div>div>p>span:first-child{
+	font-weight:bold;
+	display:block;
+}
+
+.press-news{
+	text-align:left;
+	-webkit-border-radius: 8px;
+	-moz-border-radius: 8px;
+	border-radius: 8px;
+}
+.press-news>div{
+	height:125px;
+	margin-bottom:30px;
+	width:700px;
+}
+.press-news>div>a>img{
+	float:left;
+	margin-right:30px;
+}
+.press-news>div>a:first-child+a{
+	display:block;
+	margin-bottom:10px;
+}
+.press-news a:link,.press-news a:active,.press-news a:visited{
+	font-weight:bold;
+	color:#0d579b;
+}
+.press-news>div>a:first-child+a+a+p{
+	font-size:80%;
+}
+
 .conferencebanner{
 	position:absolute;
 	top:0px;
@@ -644,11 +809,12 @@ li{
 		display:inline-block;
 		margin:10px;
 	}
-	#rightbox{
+	#rightbox,#rightbox.wide{
+		display:block;
 		position:static;
 		margin:30px auto 20px auto;
 	}
-	#content{
+	#content,#content.wide{
 		position:static;
 		margin:0px 5px;
 		padding:15px 10px 20px 10px;
@@ -666,9 +832,43 @@ li{
 	.preview{
 		display:none;
 	}
+	.preview{
+		width:auto;
+		border:0px;
+		padding:0px;
+	}
+	.previewrow{
+		float:none;
+		padding-left:0px;
+		margin:auto;
+	}
+	.press-volunteer>div{
+		width:200px;
+		height:auto;
+	}
+	.press-volunteer>div>img{
+		float:none;
+		margin-right:0px;
+		margin-bottom:20px;
+	}
+	.press-faq>div{
+		width:auto;
+		display:block;
+		margin-right:0px;
+	}
+	.press-news>div{
+		width:auto;
+		height:auto;
+	}
+	.press-news>div>a>img{
+		float:none;
+		margin-right:0px;
+		margin-bottom: 20px;
+	}
 	.conferencebanner{
-		position:static;
-		display:inline-block;
-		margin:0px 0px 10px -5px;
+   		position:static;
+   		display:block;
+   		margin:0px 0px 10px -5px;
+   		text-align:center;
 	}
 }

en/bitcoin-for-press.html

@@ -0,0 +1,324 @@
+---
+layout: base-en
+id: bitcoin-for-press
+title: Bitcoin Press Center - Bitcoin
+mode: wide
+---
+<h1>Bitcoin Press Center</h1>
+    
+<p class="summary">Find potential interviewees and high quality press materials.</p>
+
+<h2>Contact Potential Interviewees</h2>
+
+<div class="press-volunteer">
+
+<div>
+<img src="/img/press/volunteer/tony_gallippi.jpg" alt="Tony Gallippi">
+<p>Tony Gallippi</p>
+<p>CEO Bitpay</p>
+<p>
+  <a href="http://www.youtube.com/watch?v=F-gHiKJ5Lao">2012-03-18 Florida Tech Journal</a><br>
+  <a href="http://www.youtube.com/watch?v=hH4rH6wu25U">2012-12-16 Expanding the Bitcoin Business Community</a><br>
+</p>
+<p><a href="mailto:jan@bitpay.com">jan@bitpay.com</a></p>
+</div>
+
+<div>
+<img src="/img/press/volunteer/jeff_garzik.jpg" alt="Jeff Garzik">
+<p>Jeff Garzik</p>
+<p>Core Developer</p>
+<p>
+  <a href="http://www.bbc.co.uk/news/technology-21964881">2013-03-28 BBC</a><br>
+  <a href="http://online.wsj.com/article/SB10001424127887324373204578374611351125202.html">2013-03-21 Wall Street Journal</a><br>
+  <a href="http://money.cnn.com/2013/03/28/investing/bitcoin-cyprus/">2013-03-08 CNNMoney</a><br>
+</p>
+<p><a href="mailto:jgarzik@exmulti.com">jgarzik@exmulti.com</a></p>
+</div>
+
+<div>
+<img src="/img/press/volunteer/mike_hearn.jpg" alt="Mike Hearn">
+<p>Mike Hearn</p>
+<p>Developer</p>
+<p>
+  <a href="http://www.economist.com/news/finance-and-economics/21576149-even-if-it-crashes-bitcoin-may-make-dent-financial-world-mining-digital">2013-04-13 The Economist</a><br>
+  <a href="http://www.youtube.com/watch?v=mD4L7xDNCmA">2012-09-27 Bitcoin Conference</a><br>
+  <a href="http://www.scientificamerican.com/article.cfm?id=3-years-in-bitcoin-digital-money-gains-momentum&page=1">2012-10-08 Scientific American</a>
+</p>
+<p><a href="mailto:mike@plan99.net">mike@plan99.net</a></p>
+</div>
+
+<div>
+<img src="/img/press/volunteer/arwa_mahdawi.jpg" alt="Arwa Mahdawi">
+<p>Arwa Mahdawi</p>
+<p>Consultant and Journalist</p>
+<p>
+  <a href="http://www.youtube.com/watch?v=YxsA2i5cF78">2013-03-30 - Sky News</a><br>
+  <a href="http://www.guardian.co.uk/business/2013/mar/04/bitcoin-currency-of-vice">2013-03-04 - Guardian</a><br>
+  <br>
+</p>
+<p><img src="/img/press/volunteer/arwa_mahdawi_email.png" alt="mailing list"></p>
+</div>
+
+<div>
+<img src="/img/press/volunteer/trace_mayer.jpg" alt="Trace Mayer">
+<p>Trace Mayer</p>
+<p>Entrepreneur and Blogger</p>
+<p>
+  <a href="http://www.youtube.com/watch?v=TfknveaWQ_4">2013-04-05 Fox Business</a><br>
+  <a href="http://www.youtube.com/watch?v=aaOsM3RUNG8">2013-03-26 BBC Newsnight</a><br>
+  <a href="http://www.youtube.com/watch?v=OtN9YUvh_XM">2012-09-15 FMT: Bitcoin Security</a>
+</p>
+<p><a href="mailto:media@howtovanish.com">media@howtovanish.com</a></p>
+</div>
+
+<p>You can also contact the press mailing list : <img src="/img/press/volunteer/mailinglist.png" alt="mailing list"></p>
+
+</div>
+
+<h2>Facts, FAQs and Myths</h2>
+
+<div class="press-faq">
+
+<div>
+  <a href="#" onclick="faqshow(event);">What is Bitcoin?</a>
+  <div>
+  <p>Bitcoin is an Internet protocol and open-source software platform that enables a new completely digital and decentralized currency called bitcoins (BTC).</p>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">How does one acquire bitcoins?</a>
+  <div>
+  <ul>
+    <li>Accept bitcoins as payment for goods or services.</li>
+    <li>Buy bitcoins at one of the <a href="https://en.bitcoin.it/wiki/Buying_bitcoins">Bitcoin Exchanges</a>.</li>
+    <li>Trade traditional currency for bitcoins using one of several services.</li>
+    <li>Trade traditional currency for bitcoins face to face using a <a href="https://en.bitcoin.it/wiki/Category:Directories">local directory</a>.</li>
+    <li>Earn bitcoins through competitive <a href="https://en.bitcoin.it/wiki/Mining">mining</a>.</li>
+  </ul>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">How does Bitcoin work?</a>
+  <div>
+  <p>Bitcoin is a <a href="http://financialcryptography.com/mt/archives/001325.html">triple entry bookkeeping system</a> where a public ledger of every Bitcoin transaction is validated and distributed in real-time through the peer-to-peer Bitcoin network. The whole network is secured and regulated through cryptography. Anyone can process transactions using computer processing power, often with specialized hardware, and potentially earn a reward in bitcoins for this service which is often called 'bitcoin mining'.</p>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">How does Bitcoin mining work?</a>
+  <div>
+  <p>Bitcoin miners perform a function that is analogous to gold mining, but very different. While gold miners deal with rocks, Bitcoin miners deal with data.</p>
+  <p>Bitcoin mining is the mechanism that keeps everyone in the system synchronized together. To mine, computers that take part listen for transactions (ledger transfer announcements) broadcasted through the peer-to-peer network. The miners process and confirm these transactions by including them in a block and adding it to the blockchain.</p>
+  <p>Bitcoin miners perform this labor because miners that solve a block earn (1) any transaction fees paid by customers for faster transaction processing and (2) newly created coins, issued into existence according to a fixed formula.</p>
+  <p>Bitcoin mining is a very competitive market. Bitcoin miners are neither able to increase their own block reward beyond the rules in the protocol nor process fraudulent transactions that could corrupt the Bitcoin network. Because anyone can become a Bitcoin miner and the Bitcoin network is the largest distributed computer network in the world, it is extremely improbable that a malicious Bitcoin miner could compromise the blockchain. Thus, Bitcoin mining is used to protect the neutrality and the consensus of the network, even if not all Bitcoin miners can be trusted.</p>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">How difficult is it to make a Bitcoin payment?</a>
+  <div>
+  <p>Bitcoin payments are easier to make than any existing banking or credit card process.  Payments are made from a wallet application, either from your computer or smartphone by entering the recipients address either by scanning a QR code, touching two phones together with NFC technology or copying and pasting, entering the amount, and pressing send.</p>
+  <p><img src="/img/press/faq/send_bitcoin_demo.jpg" style="height:300px;width:200px;" alt="Send Bitcoin"></p>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">What are some advantages of Bitcoin?</a>
+  <div>
+  <ul>
+    <li><em><b>Unrestrained payments</b></em> - It is possible to send and receive any amount of money anywhere in the world at any time. No bank holidays. No borders. No imposed limits.</li>
+    <li><em><b>Low or zero fees</b></em> - Bitcoin payments currently process with either no fees or extremely small fees. Users may include fees with transactions to receive priority processing which results in faster validating and authenticating of transactions by the network. Additionally, merchant processors exist to assist merchants in processing transactions, converting bitcoins to fiat currencies with daily direct deposits to bank accounts and provide these services for much lower fees and less risk than with Paypal or credit card networks.</li>
+    <li><em><b>Less fees and risks for merchants</b></em> - Bitcoin transactions are secure, irreversible and do not contain customer’s sensitive or personal information. This protects merchants from losses caused by fraud or fraudulent chargebacks and there is no need for PCI compliance. This allows merchants to easily expand to new markets where either credit cards are not available or fraud rates are unacceptably high. The net results are lower fees, larger markets and less administrative costs.</li>
+    <li><em><b>More protection for consumers</b></em> - Bitcoin payments are made without needing personal information tied to the transaction. This offers strong protections against identity theft. Users are in full control of their transactions therefore it is impossible for merchants to force unwanted or unnoticed charges which can happen with either ACH debits, debit cards, Paypal or credit cards.</li>
+    <li><em><b>Transparency</b></em> - <a href="http://blockchain.info">All information</a> concerning the Bitcoin money supply is readily available on the blockchain for anybody to see, verify, measure, and use in real-time.</li>
+    <li><em><b>Distributed</b></em> - The Bitcoin ledger, commonly called the blockchain, is distributed throughout the world and stored by Bitcoin miners. This adds a level of resiliency and redundancy that is unmatched in the payments space and a payment processing network. For example, the Federal Reserve does all their payment processing at 100 Orchard Street, East Rutherford, New Jersey and have back-up systems that can be brought online within 60-90 minutes at the Federal Reserve Banks of Richmond and Dallas. If those three centers were compromised or destroyed then the entire monetary system of the Federal Reserve would be greatly impaired and probably completely nonfunctional.</li>
+  </ul>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">What are some disadvantages of Bitcoin?</a>
+  <div>
+  <ul>
+    <li><em><b>Not widely accepted</b></em> - Many people are still unaware of Bitcoin.  Everyday more businesses accept bitcoins because they have advantages of doing so, but the list remains small and still needs to grow in order to gain improved usefulness through networking effects.</li> 
+    <li><em><b>Volatile</b></em> - The <a href="https://blockchain.info/charts/market-cap">total value</a> of bitcoins in circulation and the number of businesses using Bitcoin is still very small compared to what it can be. Therefore relatively small movements in the market can significantly affect the price. In theory, volatility will persist as the market scrambles to determine a bitcoin’s price as this nascent currency matures.  Never before has the world seen a startup currency, so it is truly difficult (and exciting) to imagine how it will play out.</li>
+    <li><em><b>For geeks</b></em> - Many user tools are still not ready for everyone and users still need to protect their money by themselves, or trust young online wallet services that still don’t offer any insurance against theft or other bad events. New tools and services are constantly being developed to make Bitcoin more accessible to the masses. But from now, Bitcoin is a bright new invention that starts to meet the real world.</li>
+  </ul>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">Is Bitcoin secure?</a>
+  <div>
+  <p>The Bitcoin technology - the protocol and the cryptography - has a strong security track record.  Bitcoin’s vulnerability is in user error.  Bitcoin wallet files that store the necessary private keys can be accidentally deleted, lost, stolen or compromised. Consequently, users need to employ security practices to protect their money or use service providers that offer good levels of security and insurance. As Bitcoin has grown in adoption, more service providers have appeared to make it easier, safer, and more convenient to use and safely secure bitcoins. Bitcoins are not covered by insurance schemes or depositor insurance like the FDIC, but could be with a service provider that offered that service.</p>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">Is Bitcoin legal?</a>
+  <div>
+  <p>To the best of our knowledge, Bitcoin has not been made illegal by legislation in any jurisdiction.</p>
+  <p>Additionally, regulators from various jurisdictions have taken steps to provide individuals and businesses with rules on how to integrate this new technology into businesses and other activities. For example, the United States' FinCEN has issued non-binding and non-determinative guidance on how it characterizes certain activities involving virtual currencies.</p>
+  <p>Useful resources:</p>
+  <ul>
+    <li><a href="http://www.ecb.int/pub/pdf/other/virtualcurrencyschemes201210en.pdf">Virtual Currency Schemes - European Central Bank</a></li>
+    <li><a href="http://www.fincen.gov/statutes_regs/guidance/pdf/FIN-2013-G001.pdf">Application of FinCEN’s Regulations to Persons Administering, Exchanging, or Using Virtual Currencies</a></li>
+    <li><a href="http://www.wired.com/images_blogs/threatlevel/2012/05/Bitcoin-FBI.pdf">Bitcoin Virtual Currency: Unique Features Present Distinct Challenges for Deterring Illicit Activity</a></li>
+  </ul>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">What about Bitcoin and taxes?</a>
+  <div>
+  <p>Bitcoin is not a fiat currency with legal tender status in any jurisdiction. But often tax liability accrues regardless of the medium used. There is a wide variety of legislation in many different jurisdictions which could cause income, sales, payroll, capital gains or some other form of tax liability to arise with Bitcoin. Because all transactions are public record and stored permanently therefore it is a bad idea to attempt to use Bitcoin to evade taxes.</p>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">Is Bitcoin useful for illegal activities?</a>
+  <div>
+  <p>Bitcoin is a censorship-resistant technology. This means transactions cannot be stopped. However, it is not anonymous and the use of Bitcoin leaves extensive and permanent public records.</p>
+  <p>The Federal Bureau of Investigation concluded on page two of the report <em>Bitcoin Virtual Currency: Unique Features Present Distinct Challenges for Deterring Illicit Activity</em> that ‘The FBI assesses with low confidence, based on current user and vendor acceptance, that malicious actors will exploit Bitcoin to launder money.’</p>
+  <p>Bitcoin prevents many criminals from being able to engage in illegal behavior. Because of the way Bitcoin works customers do not need to reveal personal information to merchants. This decreases the amount of data available to illegal actors and acts as significant protection against identity theft, credit card fraud and several other attack vectors. Bitcoin transactions are irreversible which prevents chargebacks or frauds and transaction traceability means it is impossible to counterfeit bitcoins.</p>
+  <p>Additionally, law enforcement authorities have already begun using sophisticated techniques to analyze Bitcoin transactions in their criminal investigations. So it may be that the Bitcoin software is not very attractive for criminal enterprises.</p>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">Is Bitcoin a bubble?</a>
+  <div>
+  <p>BA fast rise in price does not constitute a bubble.  An artificial over-valuation that will suddenly downward correct constitutes a bubble.</p>
+  <p>Choices based on individual human action by hundreds of thousands of market participants is the cause for bitcoin's price to fluctuate as the market seeks price discovery. Some reasons for this change in sentiment may be a loss of confidence in the currency, a large difference between value and price not based on the fundamentals of the Bitcoin economy, excessive press coverage stimulating speculative demand, fear of uncertainty and just old-fashioned irrational exuberance and greed.</p>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">Why did Bitcoin’s price crash in June 2011?</a>
+  <div>
+  <p>Choices based on individual human action by hundreds of thousands of market participants is the cause for bitcoin's price crash in June 2011. Some reasons for this change in sentiment may be a loss of confidence in the currency, the largest exchange, MtGox, having a security incident, a large difference between value and price from the large amount of press coverage which stimulated speculative demand which was not based on fundamentals of the Bitcoin economy and just old fashioned irrational exuberance and greed.</p>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">What determines Bitcoin’s price?</a>
+  <div>
+  <p>The price of bitcoins is determined by supply and demand and the supply is fixed at 21 million because of the rules of the Bitcoin protocol. There are two main types of demand: speculative and transactional. As more people use bitcoins to transact economic activities this increases demand and the price of bitcoins. So likewise as more people speculate on the future of Bitcoin by saving or hoarding bitcoins then this increases demand for bitcoins and the price. The result is an increase of network effects and increased adoption.</p>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">Is Bitcoin a Ponzi Scheme?</a>
+  <div>
+  <p>A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors instead of from profit earned by the individual or organization running the operation.</p>
+  <p>Bitcoin is an open source software project with no central authority and consequently no one is in a position to make fraudulent representations about investment returns. Like other major currencies like gold, United States dollars, Euros, Yen, etc. there is no guaranteed purchasing power and the exchange rate freely floats which can lead to volatility where owners of bitcoins can make or lose value.</p>
+  <p>Bitcoin is an innovative currency and payment system and not a Ponzi Scheme. However, since Bitcoin transactions are irreversible it can be attractive for a Ponzi scam operator and there have been several notable Ponzi scams which have failed and did use Bitcoin.</p>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">Who is Satoshi Nakamoto, the creator of Bitcoin?</a>
+  <div>
+  <p>The creator of Bitcoin never revealed his real identity and simply left his invention to the world. Satoshi created the first Bitcoin implementation and remained active in the development for a few years before choosing to leave the project. Meanwhile, a strong community of developers, miners, users and supporters have spontaneously emerged to continue the project.</p>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">Can bitcoins become worthless?</a>
+  <div>
+  <p>Yes. There are thousands of currencies in the fiat currency graveyard as a result of hyperinflation such as the German Mark, United States gold and silver certificates, Argentine Peso and more recently the Zimbabwe Dollar. Unlike a physical currency like gold Bitcoin is a completely virtual currency. While Bitcoin was designed to be censorship-resistant to enable it to continue existing if there were to be some type of technological problem of significant severity, it is still possible, while more unlikely every day, that Bitcoin could stop working as intended and then all bitcoins could become worthless.</p>
+  <p>Being an open-source project allows anyone to contribute software code so those with value stored in bitcoins have a strong financial incentive in making sure Bitcoin continues to exist. For example, there has been only one major security incident in the protocol and it was fixed in August 2010. While there has been no major incidents since that does not preclude the possibility that there could be others. There was an unanticipated ‘hard fork’ on 12 March 2013 which was quickly resolved with minimal impact on Bitcoin users. But the longer Bitcoin exists without a major security incident or other unanticipated software bugs then the more likely market participants will gain greater confidence in Bitcoin.</p>
+  <p>As a payment tool, bitcoins are like gold because bitcoins are no-one’s liability and Bitcoin transactions are not subject to the same counterparty risk like traditional banks engaged in fractional reserve banking. Thus, using Bitcoin can help protects merchants and users from bank failures and Cyprus-style problems. Bitcoin empowers its users to have exclusive control of their funds.</p>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">Bitcoin is virtual and immaterial?</a>
+  <div>
+  <p>Bitcoin is as virtual as the credit cards and online banking networks that people are using everyday. They are a balance stored in a network.</p>
+  <p>While Bitcoin is particularly well suited for use on the Internet unlike other payment systems, Bitcoin can also be used to pay in physical stores using simple mobile applications just like real money.</p>
+  <p>Bitcoin users have exclusive control of their funds and Bitcoin balances are stored in an extremely large decentralized distributed computer network and cannot be fraudulently altered by anybody. In other terms, bitcoins cannot vanish or be seized by any means. They can be stolen or lost per users mistakes.</p>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">Why do people trust Bitcoin?</a>
+  <div>
+  <p>Bitcoin is open-source software which means that everyone has access to all of the source code all of the time. The rules of the system are embedded into the source code and the participants all impose those rules on each other simultaneously. To change the system would require everyone to switch to a new version of the software that used different rules, and because Bitcoin users are spread across the world it is outside the power of any single jurisdictional authority to mandate such a change.</p>
+  <p>Cryptography is well established and a fundamental technology used in online banking. But unlike fiat currency with central banks and online banking with heavily peer reviewed cryptographic ciphers Bitcoin has been able to construct a currency and payment network that removes the need to trust a central authority.</p>
+  <p>Consequently, many people trust Bitcoin because it requires absolutely no trust at all.</p>
+  </div>
+</div>
+<div>
+  <a href="#" onclick="faqshow(event);">Bitcoin is an anonymous currency?</a>
+  <div>
+  <p>Bitcoin is a censorship-resistant technology. However, it is not anonymous but pseudo-anonymous. The use of Bitcoin leaves extensive and permanent public records for each transaction. All transactions can be traced since their origin and IP addresses are permanently logged by organizations listening on the network. All of these informations can easily be accessed by competitors, law enforcement or anyone else.</p>
+  <p>However, there are a few technically difficult and costly methods that enable users to interact with Bitcoin in very private ways. The Federal Bureau of Investigation concluded on page two of the report <em>Bitcoin Virtual Currency: Unique Features Present Distinct Challenges for Deterring Illicit Activity</em> that ‘The FBI assesses with low confidence, based on current user and vendor acceptance, that malicious actors will exploit Bitcoin to launder money.’</p>
+  <p>Transactions are difficult to conceal from best practices in network data analysis, data mining and forensic accounting techniques. In most transaction, personal information must be revealed to receive the goods or services from an order. This makes keeping full anonymity with Bitcoin transactions very difficult or impossible.</p>
+  </div>
+</div>
+<p>For more FAQ on Bitcoin, please visit the <a href="https://en.bitcoin.it/wiki/FAQ">Bitcoin Wiki</a>.</p>
+
+</div>
+
+<div class="press-materials">
+
+<div>
+<h2>Videos</h2>
+<div>
+<a href="https://www.youtube.com/watch?v=Um63OQz3bjo&amp;feature=player_embedded" target="_blank"><img src="/img/press/video/whatisbitcoin.jpg" alt="what is Bitcoin"></a><br>
+<p>
+<a href="https://www.youtube.com/watch?v=Um63OQz3bjo&amp;feature=player_embedded" target="_blank">Video on Youtube</a>
+<a href="https://www.weusecoins.com/en/materials" target="_blank">More formats and languages</a>
+</p>
+</div>
+</div>
+
+<div>
+<h2>Pictures</h2>
+<div>
+<a href="https://docs.google.com/uc?export=view&amp;id=0B8gy4-2HDZBiUDV2V29pNDB6eHc" target="_blank"><img src="/img/press/picture/bitcoin_logo_plain.png" alt="Bitcoin logo"></a>
+<a href="https://docs.google.com/uc?export=view&amp;id=0B8gy4-2HDZBiM0hFSFJTTVhHbFE" target="_blank"><img src="/img/press/picture/bitcoin_logo_qt.png" alt="Bitcoin Qt logo"></a>
+<a href="https://docs.google.com/uc?export=view&amp;id=0B8gy4-2HDZBiYWFLZ0gzeUYydjA" target="_blank"><img src="/img/press/picture/bitcoin_logo_3d.png" alt="3D Bitcoin arwork by Eivind Nag" title="3D Bitcoin arwork by Eivind Nag"></a>
+<a href="https://docs.google.com/uc?export=view&amp;id=0B8gy4-2HDZBiS1Q3ODM0akhncVE" target="_blank"><img src="/img/press/picture/bitcoin_logo_euro.png" alt="Bitcoin euro"></a>
+<a href="https://docs.google.com/uc?export=view&amp;id=0B8gy4-2HDZBieVd5SUlTUkExQ3M" target="_blank"><img src="/img/press/picture/bitcoin_logo_gold.png" alt="Bitcoin gold"></a>
+<a href="https://docs.google.com/uc?export=view&amp;id=0B8gy4-2HDZBiMHdXSndqdjFOcUU" target="_blank"><img src="/img/press/picture/bitcoin_logo_3d_light.png" alt="Bitcoin 3D" title="3D Bitcoin arwork by Eivind Nag"></a>
+<a href="https://docs.google.com/uc?export=view&amp;id=0B8gy4-2HDZBiTUpPekVOVjFoVnM" target="_blank"><img src="/img/press/picture/bitcoin_logo_3d_perspective.png" alt="Bitcoin 3D" title="3D Bitcoin arwork by Eivind Nag"></a>
+<a href="https://docs.google.com/uc?export=view&amp;id=0B8gy4-2HDZBiTlNORS0yblpxSWs" target="_blank"><img src="/img/press/picture/bitcoin_logo_3d_wood.png" alt="Bitcoin 3D" title="3D Bitcoin arwork by Eivind Nag"></a>
+<a href="https://docs.google.com/uc?export=view&amp;id=0B8gy4-2HDZBiS0s4VXhlS3VJRzA" target="_blank"><img src="/img/press/picture/bitcoin_casascius_holograph.png" alt="Bitcoin holograph coin"></a>
+<a href="https://docs.google.com/uc?export=view&amp;id=0B8gy4-2HDZBicHBSWlQ0UDVhZVU" target="_blank"><img src="/img/press/picture/bitcoin_casascius_metal.png" alt="Bitcoin metal coin"></a>
+</div>
+<a href="#" onclick="materialshow(event);">More pictures</a>
+</div>
+
+<div>
+<h2>Quotes</h2>
+<div>
+<p><span>“With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless.”</span><span>Satoshi Nakamoto, Bitcoin developer</span></p>
+<p><span>“Bitcoin is Money Over Internet Protocol.”</span><span>Tony Gallippi, BitInstant CEO</span></p>
+<p><span>“Entire classes of bugs are missing.”</span><span>Dan Kaminsky, Security Researcher</span></p>
+<p><span>“There are 3 eras of currency: Commodity based, politically based, and now, math based.”</span><span>Chris Dixon, Technology Investor</span></p>
+<p><span>“The potential for disruption is enormous.”</span><span>Jeremy Liew, Lightspeed Venture Partners</span></p>
+<p><span>“Right now Bitcoin feels like the Internet before the browser.”</span><span>Wences Casares, Technology Entrepreneur</span></p>
+<p><span>“We have elected to put our money and faith in a mathematical framework that is free of politics and human error.”</span><span>Tyler Winklevoss, Entrepreneur</span></p>
+<p><span>“It's the cheapest way to <br>move money around.”</span><span>Max Keiser, Journalist & TV Host</span></p>
+</div>
+<a href="#" onclick="materialshow(event);">More quotes</a>
+</div>
+
+</div>
+
+<h2>Press coverage</h2>
+
+<div class="press-news">
+
+<div>
+  <a href="http://www.youtube.com/watch?v=QIvxarOmRGk"><img src="/img/press/news/news_reuters.jpg" alt="Preview"></a>
+  <a href="http://www.youtube.com/watch?v=QIvxarOmRGk">Reuters, A Nasdaq of Bitcoin?</a>
+  <a>2013-04-12</a>
+  <p>Fred Wilson, co-founder of Union Square Ventures, says the idea of Bitcoin as an investment asset "is quite interesting.</p>
+</div>
+<div>
+  <a href="http://www.youtube.com/watch?v=6SLPy89gPE0"><img src="/img/press/news/news_bloomberg.jpg" alt="Preview"></a>
+  <a href="http://www.youtube.com/watch?v=6SLPy89gPE0">Bloomberg on the future of Bitcoin currency</a>
+  <a>2013-04-11</a>
+  <p>Convergex's Nicholas Colas and Holland & Company's Michael Holland discuss the future of Bitcoin on Bloomberg Television's.</p>
+</div>
+<div>
+  <a href="http://www.youtube.com/watch?v=TfknveaWQ_4"><img src="/img/press/news/news_fox_trace.jpg" alt="Preview"></a>
+  <a href="http://www.youtube.com/watch?v=TfknveaWQ_4">FOX Business with Trace Mayer</a>
+  <a>2013-04-05</a>
+  <p>Is Bitcoin for real? Bitcoin investor Trace Mayer explains the virtual currency.</p>
+</div>
+<div>
+  <a href="http://www.youtube.com/watch?v=aaOsM3RUNG8"><img src="/img/press/news/news_bbc.jpg" alt="Preview"></a>
+  <a href="http://www.youtube.com/watch?v=aaOsM3RUNG8">BBC Newsnight with Trace Mayer</a>
+  <a>2013-03-26</a>
+  <p>BBC Newsnight's veteran journalist Jeremy Paxman investigating Bitcoin with guests Daniel Knowles from The Economist and Trace Mayer.</p>
+</div>
+
+</div>

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