Enron was becoming a virtual cult of creativity, often placing swagger over substance. New ideas were celebrated for their newness, for their potential; tried and true businesses like the pipelines were almost derided.
Bitcoins are not an investment. They are an investment fad that someday could be a real digital currency, but if they continue to behave as they have, they will instead be nothing.
Like most people, I gave little thought during my life to the scourge of child pornography. But, I now know we are fighting a losing battle. The predators are sophisticated in the use of computers and talented in the manipulation of children.
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