Thanks for this. It’s a pretty level-headed argument for virtual currencies.

I myself am trying to find out the fundamental importance of Bitcoin and certain coins today (since I am looking to invest now that most prices are down.)

I was baffled most of all the time because whenever the idea of decentralization came about, the supporters were mostly anarchists. They’re all “Fuck the government. Fuck central Banks. Fuck society” and so on.

I am all for change, but I highly doubt hippies alone can create a stable, new lifestyle for all of us.