While the rest of his post is fairly interesting, I am getting rather annoyed at the complaints of 'double-spend' being an actual problem with bitcoin. Yes, the

While the rest of his post is fairly interesting, I am getting rather annoyed at the complaints of 'double-spend' being an actual problem with bitcoin. Yes, there is short period before you get confirmations (5-10 minutes), but there are also a lot of possible solutions to that as support for the currency develops. Notes are only trusted because of trust in their creator and the security features they put in place. If bitcoins ever take off in the larger population I foresee trustworthy banks that will hold your bitcoins for you. Transactions from them can immediately be trusted due to trust in the bank that is sending them.