Great article here Edmund C. Moy (former director of the US Mint) talks at the bitcoin investor conference about how bitcoin can privatize money again.

“[One] reason why I like cryptocurrencies and where my mind has gone on all this is that when you take a look at our earliest notions of money — money was in private hands. You found electrum, which is basically a mixture of gold and silver in the ground. Sizes were important, and if you just pounded it into a mold — and you use that in trade, so money was very — it was in private hands, it was the ultimate democratization of money.”

“Well, I see bitcoin as the improvement in technology that allows money to be privatized again, back where it should be because it is my belief that one of the main uses of money is economic transactions. Why is government involved in economic transactions except for the ability to tax that transaction and get their income out of it? So, if money is primarily used in economic transactions between two people, then it makes a lot of sense to me that — if current technology allows, then money should be privatized because it’s used between two people.”

http://insidebitcoins.com/news/former-director-of-us-mint-bitcoin-allows-money-to-be-privatized-again/35866