A search on google for "Michael Jackson bitcoin" reveals that this man is advocating everything that will destroy bitcoin. He advocates: coin taint, bitcoin central bank that issues bitcoin at will, the removal of anonymity, control turned over to the state, etc. I heard about him from his article on coindesk today. WHY is coinndesk publishing so mcuch crap that is antithetical to bitcoins principles lately? This guy says on his site that: "Spare time for me is about debating with people who challenge me intellectually.", let's challenge him.
His most recent coindesk article:
http://www.coindesk.com/bitcoin-industry-must-recognise-responsibilities/Other stupidity:
http://www.businessinsider.com/michael-jackson-on-bitcoin-2014-2------
"Reversibility of transactions is also important"
"publisher could also track its usage in order to identify and address any copyright infringement."
http://www.coindesk.com/bitcoin-power-transform-digital-media-forever/-------
"Bitcoin does not provide this capability to 'follow the money' - indeed this is one of the reasons it has been labelled as a currency for 'money-launderers and drug-dealers' and also why it has been targeted by cybercriminals. Silicon Valley libertarians may reject this, but the modern world won't accept anything else."
"Bitcoin isn't reversible. Currencies must be reversible so that banking errors can be resolved and money can be refunded. "
"Bitcoin buzz of today is more akin to a Ponzi scheme than a currency"
http://www.huffingtonpost.co.uk/michael-r-jackson/bitcoin_b_4724027.html----
"“Anonymity prevents reversal of transactions, but with a trend away from anonymity, transactions will be visible and thereby reversible under certain circumstances,” Mangrove Capital Partners venture capitalist Michael Jackson says. “"
http://www.taipeitimes.com/News/editorials/archives/2014/03/03/2003584737/3
