Oh dear, I see you relying on a delusional 'government-by-voluntary-agreement', Libertarian model. 1. What is the basis of Bitcoin's value? (other than a widespread fear of fiat currencies - not shared by ANY economists (not even evil neoliberal economists), a fear based on misunderstanding of fiat currencies. 2. How will you pay state taxes, fines and fees with Bitcoin? BTW, I agree entirely with your above paragraph, except for the last sentence, and even that sentence I can agree with, with reservations...eg capitalism in the West is funded by private banksters (as already agreed by both of us); whereas in China, capitalism is funded and managed by the PBofC, which is the reason for China's extraordinary growth cf. the current political and economic malaise in the West.