What do you think? Where is he right/wrong?
I think your friend is mentally retarded and you should get a new friend unless you just like working with 'challenged' kids.
I agree. What exactly is his point! Why is it useless? Unless the internet/ networking ceases to exist!
I think his point is that it is "useless" in comparison with the current DOMINANT system which is exactly that: DOMINANT!
The current system is creating, financing, keeping a state of war the world over.
btw. I am still waiting for more clarification on my friend's view, but it does seem to make some sense that bitcoin would have to (in theory anyway) be able to finance an army of "defenders" if push came to shove and the bitcoin system came face-to-face with the current financial, warmongering system.