For example, the article claims that Cash is loved by Libertarians. As far as I'm aware, Libertarians would prefer privatized currencies, akin to the mid-1850s banking system. A centralized institution creating a centralized currency is much different from what the libertarians would like.
They miss the basics of the politics involved here. BTC (apparently) represents decentralization, freedom, etc. etc. At least according to libertarians.
The complaint about the lack of tracking and anonymity is also ironic, because BTC "marketing" has been filled with misinformation and lies. Fortunately, the article seems to take the correct stance. (BTCs are tracked, the ledger is public, it is far easier to be anonymous with Cash than it is with BTC).
Finally, there are systems in place because Cash has a 200+ year long history. It is impossible to ignore the "momentum" of cash. FBI has ways of tracking and marking bills. Secret Service actually keeps track of those Serial Numbers.
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Besides, BTC is but the first popular poof-of-work cryptocoin. I don't think BTC is perfect for many reasons... I think DOGE is going in a better direction.
The article fails to mention any of _my_ complaints. The extremely long transaction time (10 minutes minimum, if you are willing to trust a 1-block confirmation), the deflationary nature (block chain rewards halving every couple of years). The hard cap at 21 million (DOGE has no cap on coins fyi).
You know, the legitimate complaints about BTC, the ones that people are trying to solve with alt-coins.
For example, the article claims that Cash is loved by Libertarians. As far as I'm aware, Libertarians would prefer privatized currencies, akin to the mid-1850s banking system. A centralized institution creating a centralized currency is much different from what the libertarians would like.
They miss the basics of the politics involved here. BTC (apparently) represents decentralization, freedom, etc. etc. At least according to libertarians.
The complaint about the lack of tracking and anonymity is also ironic, because BTC "marketing" has been filled with misinformation and lies. Fortunately, the article seems to take the correct stance. (BTCs are tracked, the ledger is public, it is far easier to be anonymous with Cash than it is with BTC).
Finally, there are systems in place because Cash has a 200+ year long history. It is impossible to ignore the "momentum" of cash. FBI has ways of tracking and marking bills. Secret Service actually keeps track of those Serial Numbers.
--------------------
Besides, BTC is but the first popular poof-of-work cryptocoin. I don't think BTC is perfect for many reasons... I think DOGE is going in a better direction.
The article fails to mention any of _my_ complaints. The extremely long transaction time (10 minutes minimum, if you are willing to trust a 1-block confirmation), the deflationary nature (block chain rewards halving every couple of years). The hard cap at 21 million (DOGE has no cap on coins fyi).
You know, the legitimate complaints about BTC, the ones that people are trying to solve with alt-coins.