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The whole article (willfully?) misunderstood Bitcoin's nature. It even implied that Bitcoins are issued by Satoshi himself.

I think it's good to take a critical look at Bitcoin when the price rises so rapidly, but this article is more like a political hit piece than anything with economic merit.



According to Shamir's paper, that's 95% accurate. Theoretically you're right. Practically, you're wrong.




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