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Author Topic: A response to Criticisms of Bitcoin in the News  (Read 362 times)
arbarian (OP)
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April 12, 2013, 05:52:16 PM
 #1

http://barisser.com/BTC.php

I wrote this in response to common, fallacious arguments against Bitcoins since the latest crash.  A lot of articles in mainstream news sources seem to draw some unfair conclusions from the recent speculative bubble.

Check it out, give me feedback, written for the Bitcoin skeptic.

Thanks.
MGUK
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April 12, 2013, 06:06:44 PM
 #2

Skim reading now. Seems alright.

A few things:

  • In #2 I would mention the word fiat, or at least state your definition of currency. Bitcoin isn't a fiat currency and probably never will be. google define:currency and you get:
    "Noun
    1. A system of money in general use in a particular country.
    2. The fact or quality of being generally accepted or in use."

    Bitcoin isn't #1, but it is #2
  • In #5, I would define what you mean when talking about Bitcoin. Yes, Bitcoin protocol is secure, but exchanges aren't. Unfortunately, for the average person, exchanges are a necessary evil to use Bitcoin, so in a way, they are a bit part of Bitcoin.
  • #6 could be supported with a picture of Richard Branson when he setup his first company.

I'd suggest a bit of formatting in there to. Make you title bold, maybe italicize the date and name or something. A bit of formatting to make the points as a whole stand out (indent them a bit) and individual points more defined (e.g. make the numbers bold) and you're missing a line space or 2 on the last couple of points.
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