The vision is a currency that cannot be devalued beyond normal market forces, i.e., rather than debasing the sovereign currency and thus our wealth via debt service money printing by central banks. However, it is not insane to see the possibilities of a currency that cannot be printed out of thin air. Debts would not go away, and would have to be paid down by actual value (i.e., labor).

The irony is that 90% of the people on BCT are begging for institutional money that will inevitably come down in a funnel that began at the banks bitcoin was created to undo. Tricky stuff. How pure are you?

Wars have been fought over gold, land, salt, sugar, oil. No reason one can't be fought over bitcoin. This doesn't answer your question. But it doesn't ignore it, either.