I own no bitcoin, and I don't feel like I understand it well enough to make a judgement either way, but I know a bit about writing. The people who write "anti-b

I own no bitcoin, and I don't feel like I understand it well enough to make a judgement either way, but I know a bit about writing. The people who write "anti-bitcoin" posts, like this one, generally adopt a patronizing, propagandizing tone, with shallow arguments and an almost technophobic cynicism. One typical example is how often people write that bitcoin will not be widely adopted because it is so widely used for criminal activity. A journalist on the FT blog, discussing this, told the story of how he had asked the head of a major company in an interview how he could consider moving the business to the web when so much of the internet (at the time, 20 years ago) was devoted to criminal activity. It seems like a stupid question now.