The piece hits the highlights: failure as a means of payment, failure as a store of value etc. but all I could think as I was skimming through it was "Permit me to introduce you to Izzy Kaminska at FT Alphaville." She was already moving beyond those critiques in 2016 and getting into some pretty funny stuff that is on the wry/world-weary end of the spectrum.
(while avoiding Alinksy's rule #5: "Ridicule is man’s most potent weapon. It’s hard to counterattack ridicule, and it infuriates the opposition, which then reacts to your advantage...." cruelty is too easy.)
I suppose Mr. Harris' effort has some value as a warning to the naifs but for us crypto dilettantes it's hard to beat a Google search of FTAV: site:https://ftalphaville.ft.com/ bitcoin Izabella Kaminska
This piece, contra Mr. Harris, is new and fresh and creative and...a little bit evil.
From MIT's Technology Review: