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The piece by Stephen Diehl is the best I've seen as a critique of crypto currency. I've always had misgivings on the general rule that if it seems too good to be true, it probably is. Block chain sounds like an interesting method of producing secure and anonymous transactions. However, any institution or activity has opportunity costs attached. These seem to me to be inadequately considered. Perhaps this results from most crypto touters being evangelists rather than analysts.

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