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Shockingly stupid commentary. If I invented a machine that could beam gold bars from one side of the planet to the other, tell me you wouldn't be impressed . . . that's crypto. Tell me you wouldn't think it was valuable for immigrants to not have to pay Western Union $60 to send $200 home to their family . . . that's crypto. Fast, free, private and not controlled by silly people like yourself who think they know what's right for everybody . . . that's crypto.

What are drags of humanity mentioned in the text?

... since I read such an unenlightened view of bitcoin, and that is supposedly, after the author learned the subject. There so much more to bitcoin then a killer payment app - which probably isn't the killer app at all because ATM the store-of-value application of bitcoin is much more prevalent then the medium-of-exchange application/facet. And entirely narrow view of the application of the bitcoin blockchain itself, but really there's a lot more, so do yourselves a favor and do learn the subject. Do not take Zohar Levkovitz's words on it.

Of course there will always be naysayers!

Hey, Thanks for you article, This is the best review I read so far on the bitcoin business. Personaly, I felt in some years ago, seduced by the anarchist side of this new techno, and by the hope I could make money out of it. Well I made a few money, but I loose quite all illusions by the way... Thanks for having verbalising my feeling.