Journalists like Tim Lee suffer from a few problems when they write about projects like Bitcoin. The first of these is that very few of them actually download the program and run it to get a feel of how it actually works. They have never spent or received a Bitcoin or a part of one. I...
Tim also plays down the importance of money-laundering services, suggesting that they’re too much trouble for most users. Again: while current interfaces are simplistic, these sort of services can be highly automated, and present very simple interfaces for users. We could imagine a si...