A brief note on Bitcoin
There's a new organization (Coin Center) which has as its reason for existence promotion of bitcoin, or similar technologies. As the founder and director of the center, Jerry Brito puts it:
“We’re advocates. We’re not advocating on behalf of any particular company or industry. We think simply that this technology offers a lot of benefits to consumers and to the wider economy and the world generally.”Brito says the mission of the center has three elements (quoting from the article, not verbatim fromBrito): "...educate lawmakers and regulators about what Bitcoin is and is not; perform policy research; and act as a booster for Bitcoin...."
Note the association of policy research and boosting a specific product. What does that suggest to you about the objectivity of the policy research that will be performed?
Bingo.
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