This was so horrible I had to post something:
The muppetry exhibited in this article is beyond farcical - it plunges to the depths of the murky Thames, rooting about in the muck and mire.
Amir Taaki is not the
"project leader" of anything but his own projects. The Bitcoin Foundation is the official core development team. A few seconds on your favorite search engine would've confirmed that.
Bitcoin was created in the spirit of monetary
freedom, not subversion as the article snarkily implies. Freedom from those that have flawed monetary policies, freedom from the meddling of politicians and central bankers. I'm sure quite a few in the EU would love their interference to stop.
It isn't
"created by hackers", it is given value by verification processors who work on cryptographic proof-of-work problems which ensures bitcoins can't be counterfeited. It is controlled by algorithms, not punters in basements.
(How bitcoin works: http://spectrum.ieee.org/img/06Bitcoin-1338412974774.jpg)The rest of your article throws bitcoin in with the pound, dollar and yen as a way to deal in 'shady' markets. Oh my, people trade with cash and buy things governments don't want them to? Oh, the horror! Welcome to reality, where drugs and other consumables are purchased with a tenner crossing palms.
This isn't unique to bitcoin. But of course in your mad dash to cover bitcoin with the most 'dirt' possible, you feel the need to mention the frailties of third-party services
(thanks, we already know about that) and somehow infer that it means bitcoin is frail. The protocol hasn't been breached, just some badly configured services.
In short, your poorly researched
(assuming you did any, which I doubt) tar-and-feather 'hit' piece on bitcoin only exposes the weakest link - the author that had the audacity to publish it in the first place.
Try to uphold some kind of professional standard, will you? It's awfully embarrassing to see in public.
Who knows if they'll let it sit there - I couldn't hold back my disgust for this horrible author or her view on bitcoin.