Holy shit, these people really are delusional, I think almost all journalists who act like this towards Bitcoin should immediately regarded as pro-banking trolls because every time I try to actually analyse their mindless rants they make less and less sense, particularly with this tulip bullshit because they completely disregard the fact that you can't make more than 21 million Bitcoins and it's a deflationary currency, then there's the way they regard it as a 'scam' while of course completely neglecting to explain why it is and forgetting to mention the fact that the source code can be looked up by absolutely anyone.
*sigh*....
*sigh*....
Look at what he says:
Quote
As a result, ex-Federal Reserve Bank examiner, Mark T. Williams, says that the “high-profile collapse could trigger a Lehman Brothers-type chain reaction throughout the Bitcoin market.”
Talk about not understanding bitcoin. There isn't any debt in on the blockchain. There are no derivatives. No one with a bitcoin wallet of their own has anything to worry about what happened to MtGox.
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