Bitcoin, fraud and digital currencies

Marc Andreessen, web revolutionary and venture capitalist, wrote an essay for the New York Times called Why Bitcoin Matters. Glenn Fleishman, however, thinks he misunderstands and misrepresents key aspects of the payment system and its nature. Andreessen's right up to a point, Fleishman writes, but flubs when it comes to fraudulent transactions, anonymity, and Bitcoin's potential as a currency replacement.

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