Despite some recent good news (
WordPress), the strong recovery and relative stabilization of market prices the past few weeks, and the flood of publicity surrounding the block reward halving today, I became somewhat depressed as I read through the load of comments on Slashdot's
story covering the halving, which I found to be overwhelmingly negative and misinformed.
We all know that Slashdot is an old, washed up bunch of geeks, but this should really be an ideal community of potential early Bitcoin adopters. If they still aren't "getting it" (despite all the positives coming out recently) what does that say about the rest of the world?
It got me thinking that here we are, almost four years into Bitcoin's working life (where it's been widely known for at least two years) and I cannot think of any respected, intelligent, or highly-regarded public figure who has come out speaking positively about Bitcoin.
The entirety of its success seems to be driven by grass-roots, community-driven users, without any real intellectual "big shots" coming out in favor of it. In fact, the few who have spoken publicly about it seem to be unanimously negative.
Most here will remember that some of our "highly esteemed"
Senators think it's just a system for money laundering and drug dealers. And that a highly-regarded (though polarizing) Nobel Prize-winning economist
thinks it's essentially worthless.
It seems Bitcoin has gained the most traction among the Libertarian, gold-bug, and "collapse-minded" communities, which makes some sense from their perspectives, but these are generally fringe groups that unfortunately do not (yet?) really represent mainstream thought. There's also been some college professors of cryptography or digital payments who have spoken positively, but not exactly household names.
I am old enough to have been around when Internet email first became widely used, when the WWW itself transformed publishing, and when MP3s revolutionized the music industry, and I don't recall any of this massive negativity around when these transformational technologies came out. So what's the deal with Bitcoin?
I know the underlying concepts are complex, and that money plays a special role in our collective psyche, but why hasn't a Bill Gates, or a Larry Page, or a Warren Buffett, or a Jeff Bezos, or an executive at Goldman Sachs, or some other Nobel Prize-winning economist come out and said that Bitcoin is a brilliant and well-implemented idea that will change our world for the better? These are all smart, successful, and open-minded people, could it really be that none have yet seen the light?
So I thought it might be interesting to get a thread going here to see who is the biggest, widely-known intellectual "big shot" to have spoken positively in public about Bitcoin. I've got nothing. What can you come up with?
At the same time maybe we can list some big shots who have spoken negatively about it and will look like dummies when Bitcoin does transform the world. Paul Krugman tops my list there.