Practically no one, outside of computer science departments, can explain how cryptocurrencies work, and that mystery creates an aura of exclusivity, gives the new money glamour, and fills devotees with revolutionary zeal, […] None of this is new, and, as with past monetary innovations, a seemingly compelling story may not be enough.
He's so ignorant. I have never studied computer science and could explain it with ease and before somebody starts screaming that exception confirms the rule, i'll add that I don't even know a single person who studied computer science and is interested in BTC. In reality most bitcoiners are normal people with various interests, not programmers like this guy seems to think.
Somebody should send him one of those very short explanations of BTC that can be found online. It really can be fully described in less than a minute.
On point! People use their technical knowledge to sway people without proving anything. Bitcoin is here for years and making people successful by using it smartly and effectively. Many people are also heart-broken on this massive dump but I really do hope that it will regain its original state.