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"Nobel Prize-winning economist Joseph Stiglitz said “bitcoin is successful only because of its potential for circumvention, lack of oversight." - this statement demonstrates a profound ignorance of the subject matter. Bitcoin provides a way for individuals to make secure transactions across distances without the need for a third party to verify the transaction and that's why it's successful. What lack of oversight is he talking about? It's open-source! It could hardly be any more transparent.

You missed the entire point of Bitcoin - allowing individuals to transact securely across distances without the need for a third party. The blockchain (the entire network) secures the transactions.

Yep, just saying that if he's not malicious (intending to maximize harm to users), then he's an idiot for disclosing it this way.

This is the most idiotic thing I've heard in a long time. Yes, they were already at risk, but with the way he disclosed the information, the risk increased exponentially. This guy's actions were either stupid or malicious.