Categories: OLD Media Moves

Bloomberg TV anchors can’t handle Bitcoin

Ashley Feinberg of Gizmodo writes about how two Bloomberg Television anchors mishandled a Bitcoin gift for Christmas on the air, resulting in it being stolen.

Feinberg writes, “This past Friday, Bloomberg TV anchor Matt Miller took an on-air opportunity to give the gift of Bitcoin to two of his fellow anchors during his ’12 Days of Bitcoin’ segment. And in a beautiful twist of karmic justice, punishment for running such an absurd segment in the first place, every last digitally invested cent was stolen immediately.

“Each of the anchors were to receive $20 worth of the digital currency, but all that went down the drain the second anchor Adam Johnson absentmindedly exposed his QR code of the private key to the camera, which is basically like giving someone your debit card and writing down the pin number for them. So naturally, a Reddit user by the name of milkywaymasta immediately snatched the Bitcoin and bragged about it online:

The guy that is hosting the series gave bitcoin gift certificates to the other two hosts. One of them opens up the certificate to reveal QR code of the private key. They then proceeded to show a closeup of the QR code in glorious HD for about 10 seconds. Hilarious.

I took it, it was only $20 worth. It was exhilarating nevertheless. I’ll send it back once Matt gives me a new address since someone else can sweep the old one. A segment on Bitcoin security and the importance of NOT showing the private key and also BIP0038 (Password Encrypted Private Keys) Wallets will be more than enough compensation.

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

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