|
> If he had any understanding of the other uses like multiparty transactions, timestamping, identity management, voting, derivatives, and trustfree contracts, then he failed to say anything to convey that awareness in his writing. He wrote nothing about whether he requires oxygen to live, but I'll wager with you he needs it. He spoke negatively of Bitcoin as a currency (and currencies aren't used for much of what you describe), but he highlighted a number of aspects of Bitcoin that he thought were useful and where he expecting to see it having a huge, innovative impact. He didn't make a laundry list of everything awesome one might be able to do with Bitcoin, but given that his essay was about the future of payments, you can see where perhaps speaking of its use for voting might have resulted in the essay becoming meandering and without focus... > I didn't misread anything. Trust me, you did. > Rather, he miswrote by conflating his opinions of a single bitcoin service with the entire underlying protocol. No he didn't. Actually, he hardly got two paragraphs in before he said, "I did not actually have anything against Bitcoin in this particular case." So no, he's quite aware that his issues with "a single bitcoin service" are removed from the underlying protocol. |
So you think understanding bitcoin applications is obvious as breathing oxygen? Sounds to me like you're making baseless assumptions.
> He spoke negatively of Bitcoin as a currency
Yes he did, and he didn't mention why. It was just a page full of backhanded jabs and insults towards bitcoin with zero reasoning to support it. Doesn't strike me as someone who understands it at all, quite the contrary.
> he highlighted a number of aspects of Bitcoin that he thought were useful and where he expecting to see it having a huge, innovative impact.
Inter-bank asset exchange? If that's where he thinks the major innovation lies, he clearly and severely lacks understanding of potential applications.
> Trust me, you did.
Ok, pal.
> So no, he's quite aware that his issues with "a single bitcoin service" are removed from the underlying protocol.
If he has regulatory issues with accepting small gifts, or if he doesn't like the methodology of a particular bitcoin service, that has absolutely nothing to do with bitcoin as a currency.
How is making statements like "bitcoin is a terrible currency" without including any actual reasoning anything but pure ignorance?