BITCOIN: A flawed currency blueprint with a potentially useful application

[freemind1]

Hi. I just found this, wath do you think?.

http://yanisvaroufakis.eu/2014/02/15/bitcoin-a-flawed-currency-blueprint-with-a-potentially-useful-application-for-the-eurozone/

Greetings.

[Harry Hood]

Another article with a damning title but nothing close to damning in the content.

The author doesn't criticize Bitcoin at all. The closest claim to criticism is saying that it will lead to deflation of prices, however the author doesn't actually explain why. Then he/she goes on to explain that this currency would compliment the troubles the Euro has been having. I think the author doesn't really have an opinion or knowledge on how bitcoin could impact the Dollar or the Pound at all.

In conclusion...there's nothing to read here.

To the OP, did I do an efficient job of summarizing the article for you? Next time, why don't you do that for us so we can just get right into the discussion.