>It came as close as is humanely possible by all means, but quite simply by needing electricity and advanced silicon, it's doomed. In other words, Bitcoin never was what claimed to be. It's main virtue is that it's pretty good at obfuscating that.

and what's that? Based on the prceeding paragraphs it seems to be some sort of payment system that can operate without the influence of an "authority" (whatever that means). But if he took the time to read the whitepaper, he would discover it says:

>Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.

Seems like it's doing that just fine.