Where can I find well-written criticism about Bitcoin?

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I couldn't find an article about criticism in the wiki. Is there some other place that contains well-constructed criticism for Bitcoin?

ripper234

Posted 2013-04-20T13:24:33.693

Reputation: 25 192

1What kind of criticism do you mean? Some of the answers have criticism, which is not related to the economic impact if wide-spread Bitcoin adoption is achieved, which is what I suspect that you are asking, given your "economics" tag.David 2013-04-21T19:44:38.053

@David - I think the Weaknesses page is the page I'm looking for. It should incorporate all weaknesses, not just technical - edit it if you feel it's missing something.ripper234 2013-04-22T05:26:35.490

Answers

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Stephen Gornick

Posted 2013-04-20T13:24:33.693

Reputation: 26 118

2That's more technical weaknesses, it says nothing about the economic problems of a deflationary currency.r3m0t 2013-04-21T13:22:51.320

@r3m0t - I think the Weaknesses page is the page I'm looking for. It should incorporate all weaknesses, not just technical - edit it if you feel it's missing something.ripper234 2013-04-22T05:26:59.667

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This Quora question is a start.

ripper234

Posted 2013-04-20T13:24:33.693

Reputation: 25 192

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This is a great source: http://critiquesoflibertarianism.blogspot.co.il/2011/05/simple-critique-of-bitcoin.html

It is a short article but you can learn a lot from the comments

user4541

Posted 2013-04-20T13:24:33.693

Reputation: 29

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See "Decentralised Currencies Are Probably Impossible (But Let’s At Least Make Them Efficient)" by Ben Laurie. He shows how Bitcoin's so-called "decentralization" is such a joke, because it doesn't really work. If Bitcoin's decentralization doesn't work, it makes no sense to waste so many resources over proof-of-work transaction processing. He also proposes an alternative design in a follow-up post.

Manish

Posted 2013-04-20T13:24:33.693

Reputation: 1 972