Totally agree. His arguments struck me as complete nonsense with a superficial veneer of plausibility to the economics outsider. The best flaw in the bitcoin m

Totally agree. His arguments struck me as complete nonsense with a superficial veneer of plausibility to the economics outsider. The best flaw in the bitcoin model (I've not studied it too thoroughly) is acceptance testing. You give me a bitcoin: how do I know to accept it as payment? This may not be a problem if suitable proxies are made (like with credit cards).