The author is a smart guy.
Unfortunately he clearly believes that the USA and its very specific "Know your Customer" laws .... are the end-all, be-all for failure or success.
While he knows a lot about Bitcoin (as per his comments in the comment section at the bottom), he conveys zero knowledge of what Bitcoin is becoming to people in other parts of the world.
Other countries, with other needs. Places dealing with corrupt governments, and a failing economy.
All he does is focus on Bitcoin failing because it doesn't meet a couple regulatory rules in lil ole USA.
The arrogance of my fellow americans is astounding at times. I constantly find myself having to remind them that we are not the center of the universe, and Bitcoin innovation will go elsewhere if we try to hinder it.
-B-
Topic: Why Bitcoin Must Die. Long Live Bitcoin 2.0. - page 2. (Read 2593 times)
Not sure if it's a repost, BTW just curious to hear what you guys think
http://www.forbes.com/sites/billfrezza/2014/02/07/why-bitcoin-must-die-long-live-bitcoin-2-0/
http://www.forbes.com/sites/billfrezza/2014/02/07/why-bitcoin-must-die-long-live-bitcoin-2-0/
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