2 ms·
I usually like Krugman, but this column is botched. Krugman does not get bitcoin protocol but is a bit better with Bitcoin. Just reading about "complicated mat
by venomsnake 14y ago
I usually like Krugman, but this column is botched. Krugman does not get bitcoin protocol but is a bit better with Bitcoin.
Just reading about "complicated math problems" make my brain hurt. There is nothing complicating in a hash function except designing it properly.
While there are valid attacks on bitcoin he is not making them.
- nate_martin 14y agoAgreed, I think he fails to see past the idea that bitcoin has its own "gold standard" built in. The idea of a non-inflationary currency to PK is just silly. Perhaps he will change his mind once further adoption has taken place or when a new use surfaces.