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Showing posts with the label cryptography

How The Huffington Post Got Bitcoin All Wrong

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This piece was intended for publication on a media website that was never launched called BitCitizen.com. I decided to publish it here while it's still somewhat fresh:  Bitcoin is maturing. Last fall I was lucky if my Google Alerts contained a single decent Bitcoin-related headline. Today, there are dozens of Bitcoin stories dropping on high profile media websites every day. Unfortunately, this ascent into the mainstream media has ushered in many negative opinion pieces by pundits who haven't the foggiest idea what they're talking about. One culprit is a recent Huffington Post article entitled “ Nine Trust-Based Problems With Bitcoin ”. Try as he might, columnist Steven Strauss fails to make a lick of sense. Here are some replies to his commentary:

Reading 'The Crypto Anarchist Manifesto' Two Decades Late

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Remember where you were when the internet was born? I'll always remember a middle school camping trip my class took back in '92. We were traversing a scary railway bridge when our teacher pointed out thick wires bolted to the support beams below us and said: "Ça c'est le 'Information Superhighway!'" We were part of a "brain class". A group of students who were singled out, grouped together in a special class, and commonly referred to as "Les Nerds". I had one friend in that class who was an uber-nerd named Jeffrey B., and I was pretty sure he knew everything about computers. No offense to Jeffrey B., but he was one of these kinds of guys