Looks like a reposting of Frank Shostak's
Mises Institute article. The really funny part though is in Mr. Shostak's bio. Some sneaky ghost sure has a sense of humor
"Frank Shostak is the chief economist of M.F. Global."
Ha. What bothered me when reading this article is that he does not attempt to explain or refute any of the counter-arguments of bitcoin proponents. What really bothered me also was he spelled Satoshi Nakamoto's name wrong. Obviously, the author did not do his research well.
I guess it is an old article.