So you purchase new currency just to have to insure it? How is this viable if you aren't wealthy?
I still don't understand how the article in the OP is an indictment of bitcoin. Can someone explain that?
I'm willing to answer your questions about the technical nature of the currency and political ramifications of it.
I also don't understand the fierce rejection of bitcoin by so many. What would it take for any of you bitcoin doubters to finally admit it's legit and worthwhile?
Also, do you not see that there is demand and thus value in a decentralized currency? If you don't think there is, why do you feel that way?
There is a principle which is a bar against all information, which cannot fail to keep a man in everlasting ignorance — that principle is contempt prior to investigation. --Herbert Spencer