Author

Topic: 2013-08-20 Huffington Post: Bitcoin: Society's Boon or Bane? (Read 993 times)

hero member
Activity: 602
Merit: 500
nothing is bigger than the extra virgin olive oil mafia of europe! that's the only focus of anyone nowadays.. criminalsssss
sr. member
Activity: 308
Merit: 250
decentralizedhashing.com
Nice to read a negative article that gets the facts right, even if it's completely alarmist and contains a totally unsubstantiated prediction (that Bitcoin won't be widely adopted), after listing all the reasons why it's so well-designed and has been so successful so far.

I actually agree with the author on Bitcoin's potential to disrupt at a deep level the political and social status quo, except I disagree that this is a bad thing. Sure, there will be chaos -- growing pains. We'll all be better off in the long term. Except the Bilderberg Group that is...
He was completely wrong about the reasons that bitcoin is disruptive.  He made it sound as if the disruption comes from criminal activity that is impossible to stop because bitcoin is anonymous.
legendary
Activity: 2408
Merit: 1121
Nice to read a negative article that gets the facts right, even if it's completely alarmist and contains a totally unsubstantiated prediction (that Bitcoin won't be widely adopted), after listing all the reasons why it's so well-designed and has been so successful so far.

I actually agree with the author on Bitcoin's potential to disrupt at a deep level the political and social status quo, except I disagree that this is a bad thing. Sure, there will be chaos -- growing pains. We'll all be better off in the long term. Except the Bilderberg Group that is...

Thanks for reading it for me, I hate to give HuffPo any clicks for their mediocre articles. Most of them tend to be "linkbait" anyway.

I am involved in bitcoin for that very reason, that the disruptive nature of it will finally allow the "little guy" to clawback some freedom that we lost a long time ago.
sr. member
Activity: 278
Merit: 251
Nice to read a negative article that gets the facts right, even if it's completely alarmist and contains a totally unsubstantiated prediction (that Bitcoin won't be widely adopted), after listing all the reasons why it's so well-designed and has been so successful so far.

I actually agree with the author on Bitcoin's potential to disrupt at a deep level the political and social status quo, except I disagree that this is a bad thing. Sure, there will be chaos -- growing pains. We'll all be better off in the long term. Except the Bilderberg Group that is...
legendary
Activity: 1078
Merit: 1003
hero member
Activity: 602
Merit: 500
"bizness analyst"
hero member
Activity: 588
Merit: 500
Quote
Yet despite its growing popularity, Bitcoin possesses the power to be significantly detrimental to our society.

Statist strawmen and fallacies galore.

Followed by some wonderful reader comments to set him straight.

http://www.huffingtonpost.com/ari-zoldan/bitcoin-societys-boon-or-_b_3715125.html
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