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by swswsw 4583 days ago
Excerpt from the article: "The developers of bitcoin are trying to show that money can be successfully privatized."

-- Not really. Bitcoin is open sourced. They did not try to privatize bitcoin.

Excerpt from the article: "The currency’s issuer is an unknown computer programmer"

-- No, bitcoin is not issued by Satoshi Nakamoto in the sense that cash is printed by the government. The currency is generated by mining, which can be participated by anyone with the right equipment.

I do not have a better crystal ball than anyone here, but the article's author made a mistake in trying to shoehorn bitcoin into his own concept of currency.