[jackgavigan]

I am instinctively against over-simplification of this sort of thing because, in my experience, the devil is in the detail and a little knowledge is a dangerous thing.

[gendal]

Well, I certainly hope nobody tries to build a system off the back of that blogpost!

But I think there is a lot to be said for helping people build useful mental models. My experience is that people either have no mental model for how money moves or have models that are just wrong.

So anything we can do to impart some insight has to be a good thing.... but you're right: a little knowledge can be very dangerous :-)

[scott_s]

"Education is a series of small lies." - my intro to computer engineering professor upon telling us that some gates are ternary

I don't see any other way to teach ideas than to start simple, help provide intuition for the basic concepts, and build from there.

[Pitarou]

We are all against OVER-simplification. I think what you meant to say was: "This article wasn't in-depth enough for me."

Maybe you should ask the author to add some further-reading references to the article?