He’s wrong. He is comparing a de-centralized, anonymous currency whose value fluctuates vs other currencies against what are basically gift card equivalents. Bitcoin is incredibly innovative and interesting because of all of these factors and anyone who follows it should understand that it is uncharted territory.
I’m not saying I am not skeptical – but the comparisons were deeply uninformed, which is rare for Om Malik.
He’s wrong. He is comparing a de-centralized, anonymous currency whose value fluctuates vs other currencies against what are basically gift card equivalents. Bitcoin is incredibly innovative and interesting because of all of these factors and anyone who follows it should understand that it is uncharted territory.
I’m not saying I am not skeptical – but the comparisons were deeply uninformed, which is rare for Om Malik.