Volatility, Deflation and Manipulation: A Response to Bitcoin’s Critics

Bitcoin has its share of critics and skeptics, and opposition to the emerging technology– especially among the intelligentsia– shows no indication of easing off.

Significant analysts on the subject variety from author Jeffrey Robinson to fund blogger Karl Denninger, Boston University teacher Mark Williams, wild Keynesian Paul Krugman, Austrian economist Gary North and FT Alphaville‘s Izabella Kaminska.

Generously, I’m presuming that the pundits noted above have a comprehensive and accurate understanding of the bitcoin protocol that facilitates its native token’s dual role of currency and commodity.Continue reading at CoinDesk CoinDesk

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