Coins and Trains

Coins and Trains

Article from Issue 162/2014
Author(s):

Newsweek’s story uncovering the man they claim is the creator of BitCoin caused plenty of buzz. As this issue goes to press, the guy they fingered has announced he is filing a lawsuit, claiming that the assertions are false. But according to the story, his brother said “He’ll never admit to starting BitCoin.” So who should we believe?

Many commentators have argued that the story is not sufficiently corroborated and shouldn’t have been printed, which might be true. But the question of the story’s treatment of facts masks another question that is receiving much less attention: Even if the allegations are true, is this really a news story?

Coins and Trains

Dear Linux Pro Reader,

Newsweek's story uncovering the man they claim is the creator of BitCoin caused plenty of buzz. As this issue goes to press, the guy they fingered has announced he is filing a lawsuit, claiming that the assertions are false. But according to the story, his brother said "He'll never admit to starting BitCoin." So who should we believe?

[...]

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    Sometimes when I'm watching the Internet news unfolding, I feel like I'm in one of those weird dreams where everything looks the same, but all reason is inverted in some way that only the people in the dream understand. The Internet brings down barriers, including those comforting barriers that provide a cozy space for our moral certainty to flourish. We lapse into approaching problems from the circle of our own experience, sometimes not noticing that we have traveled into very different places. And we mistake our viewpoint for our values, aligning ourselves with others who share a common attitude or rhetorical framework.

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