Felix Salmon on Bitcoin
It is a very good piece, although I fear by adding this link I will get more media requests to comment on Bitcoin. Here is the best set of sentences I have read today:
…bitcoins are an uncomfortable combination of commodity and currency. The commodity value of bitcoins is rooted in their currency value, but the more of a commodity they become, the less useful they are as a currency.
There is, by the way, no current way to short Bitcoin.