Comment by danielmarkbruce
3 days ago
It matters because it screams "I don't actually know what I'm talking about". And it's not just a bookkeeping error. It's a conceptual error. It's a complete misunderstanding of the time value of money.
As such, it's a self indulgent piece of writing, not a helpful one.
Seems a little harsh and unkind over what's just a fun article. It's not a news publication or a textbook, it's Phrack, lol. I thought it was neat.
It's a blog post. And the criticism is on a message board... It's par for the course.
Classifying Phrack as a blog is about as accurate as classifying future interest payments as liabilities.