Yep, just read it. Surprised? No. I've read many like it. Old school establish ecconomists dismissing bitcoin as just another tulip story.. or just another blah blah..
Yeah.. spare me please.
The comments section is even worse. Everytime i read comments on a bitcoin story on the web.. you see the same ill-informed opinion, and the same questions raised again and again.
Though it is hardly surprising that these are questions raised by people who have not done any research into it.
What is it backed by?? Cryptography and maths.
How do we know there will only be 21 Million ever?? Cryptography and maths.
Yes agreed. The concern is the general public (read potential future bitcoiners) are put off by the negative aspect of articles like this. Unfortunately not everybody understands cryptography or maths.... but however this is a short term problem that will be overcome as bitcoin becomes more user friendly, just like the early internet.
I read the first couple of comments then dismissed them after reading somebody trying to say that 'they' (whoever 'they' are) can increase the 21M limit at will.