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RichardHughes comments on Prediction Sources - Less Wrong
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I'm not competent to comment on the 'revealed incompetence of the Bitcoin community', but for the benefit of those who aren't aware of those issues, it would useful if you could either summarize that revelation or post a link to such a summary.
https://bitcointalk.org/index.php?topic=83794.0;all is a reasonably good start at listing the various scams and frauds and hacks.
See also http://polimedia.us/trilema/2012/the-bitcoin-drama-timeline/