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> Here's an article critical of Bitcoin that does better than recasting opinions as facts: http://ftalphaville.ft.com/2013/04/03/1425292/the-problem-with-bitcoi
by Irregardless 13y ago
> Here's an article critical of Bitcoin that does better than recasting opinions as facts: http://ftalphaville.ft.com/2013/04/03/1425292/the-problem-with-bitcoin/ http://ftalphaville.ft.com/2013/04/03/1425292/the-problem-wi...
From that author's biography:
> Everything she knows about economics stems from a childhood fascination with ancient economies. . .
> She studied Ancient History at UCL, and has a masters in Journalism from what was then the London College of Printing.
I hope this is just an elaborate troll, since this was your criticism of Denninger:
> He has no particular authority regarding economics (he's not a trained economist so far as I know)
- tptacek 13y agoDid you read the post? It does not rely on the author's credibility. (55 minutes pass) I'll take that as a 'no'.
- Irregardless 13y agoOf course. It was worth reading just for this gem: > Bitcoin’s programming ensures there can never be more than 21m coins in existence. Part of the “bubble” effect, no doubt, is linked to a realisation that we are quickly approaching that limit. According to the latest data from Bitcoin charts, for example, there are currently 10,986,175 bitcoins in issuance. Yes, we still have some room to go, but given exponential dynamics, the fact that we’ve reached the “half-way point” in supply is no doubt meaningful.