2013-12-17 Nick Colas: Debunking 11 Bitcoin Myths

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Let me sum up with a final thought: I absolutely understand why there are so many bitcoin haters out there. But don’t hate the player; hate the game. Technology is a tremendously disruptive force in society, and it knows no boundaries. It disturbs every status quo. That’s what is does. Just don’t make the mistake of thinking that you can reverse it by calling it a bubble. Sticks and stones …

http://tabbforum.com/opinions/debunking-11-bitcoin-myths

[LiteCoinGuy]

We’ve been writing about bitcoin since February 2013 because we thought it was a remarkable and intellectually elegant solution to one key social problem: It simply costs too much money to move money. Want to send $100 to a friend in Argentina by Western Union? That will set you back $12. How about paying for a $1 bag of chips with a credit card in the US? Good luck with that – you’ll likely have to buy a 10 pack to meet the card minimum at the store. We had no idea the value of a bitcoin would skyrocket from our first report at $31 to about $900 today. We just thought it was cool.


  like it.

all in all: good article.