Earlier this month, I and others wrote a letter to Congress, basically saying that cryptocurrencies are an complete and total disaster, and urging them to regulate the space.
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I am a big fan of Bruce, have read all his books (well, actually not true for "Applied Cryptography" which in parts is much above my comprehension, but I tried it too) and so far all his writings have been a great inspiration and education to me, but I do not agree with most of the points he makes here. For example, he doesn't seem to get the difference (or that there is a difference at all) between POS and POW and quite a few other misconceptions AFAICS.
Anyway an interesting read to know what the crypto guys (<- cryptographers, batslap not applicable!) think about
BTC, the discussion below the article is the most interesting part IMHO.
I had to experience that some top programmers really don't seem to get the importance of POW.
While they are really deep into the programming and technical side of Bitcoin ANdcRYptO. They just do not to get the game theoretical problems that come with POS (forks, centralization, fairness, etc).
Problem is, because of their high technical skills and because of Bitcoin being technically something within their profession, they
think they get the game theory, but they don't. I had some long talks until I was able to have them look at the POW-topic from another angle.