> A revolutionary bit of technology called the block chain
Nice overview, but something that bugs me whenever someone talks about Bitcoin (particularly some VCs): they talk about the blockchain independently, as a "technology," without recognizing that, in fact, it's as much a triumph of technology as it is a triumph of clever incentives. Small semantic point in this article, but more broadly applicable when folks say "they don't love Bitcoin, but they love the 'blockchain technology.'"
Spoiler alert: the blockchain is both reputable and trustless because there are thousands of miners securing the network by hashing the night away. And why do they do it? Because of the unit of account they generate by participating.
Whenever I hear someone talk about how they love "the technology of the blockchain" without explicitly mentioning the incentives at play, I automatically become suspect of whether they actually understand what's going on. (I'm looking at you, venture capitalists) Less of a problem with this article, but I think it's worth highlighting all the same.