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Author Topic: A response to Criticisms of Bitcoin in the News  (Read 298 times)
arbarian
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April 12, 2013, 05:52:16 PM
 #1

http://barisser.com/BTC.php

I wrote this in response to common, fallacious arguments against Bitcoins since the latest crash.  A lot of articles in mainstream news sources seem to draw some unfair conclusions from the recent speculative bubble.

Check it out, give me feedback, written for the Bitcoin skeptic.

Thanks.
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April 12, 2013, 06:06:44 PM
 #2

Skim reading now. Seems alright.

A few things:

  • In #2 I would mention the word fiat, or at least state your definition of currency. Bitcoin isn't a fiat currency and probably never will be. google define:currency and you get:
    "Noun
    1. A system of money in general use in a particular country.
    2. The fact or quality of being generally accepted or in use."

    Bitcoin isn't #1, but it is #2
  • In #5, I would define what you mean when talking about Bitcoin. Yes, Bitcoin protocol is secure, but exchanges aren't. Unfortunately, for the average person, exchanges are a necessary evil to use Bitcoin, so in a way, they are a bit part of Bitcoin.
  • #6 could be supported with a picture of Richard Branson when he setup his first company.

I'd suggest a bit of formatting in there to. Make you title bold, maybe italicize the date and name or something. A bit of formatting to make the points as a whole stand out (indent them a bit) and individual points more defined (e.g. make the numbers bold) and you're missing a line space or 2 on the last couple of points.
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