But I know enough to ask questions. I have had grave concerns about the validity of their design since I first read about it on slashdot some years back. It seemed to me the case had not been made that bitcoin was not vulnerable to rapid destruction of value, due to attacks on fundamental flaws in its design.
Hard-hitting analysis there.. Any cryptographers want to walk us through the technical issues raised here, maybe allay our fears?
Large businesses waste money, you're in no position to say it had no value, and the amount of money is trivial. If you consider this excessive don't get mad when you run into a front-line IRS worker who hates their job and behaves as such.
The Tao is like a glob pattern: used but never used up. It is like the extern void: filled with infinite possibilities.