Literally the entire first half of the post can be read as "but it uses fancy techno stuff that can be constructed to violate some law." No real arguments against the currency there, just FUD about the wallet splitting (so I can't take 20$ out of the 40$ in my purse, right?)
Concering the entropy argument, which makes logical sense to me, it remains to be seen how much of an impact coin loss makes. As long as the amount remains small enough, that makes the coins rarer and just makes them rise in value a bit. Of course, as soon as everyone loses their coins, we're screwed. Who knew?
Sadly, I think the conclusion is pretty accurate: once Bitcoin rises above the grass, states will try to crush it with everything they've got. And they will probably succeed.
Concering the entropy argument, which makes logical sense to me, it remains to be seen how much of an impact coin loss makes. As long as the amount remains small enough, that makes the coins rarer and just makes them rise in value a bit. Of course, as soon as everyone loses their coins, we're screwed. Who knew?
Sadly, I think the conclusion is pretty accurate: once Bitcoin rises above the grass, states will try to crush it with everything they've got. And they will probably succeed.