Define long standing tradition; modern money hasn't been around for all that long.  Then again, neither has America, even tho it feels like both have been around forever.

There were a couple of buys worth close to $1M, the exchange rate is up $3 USD in the past 24 hours, $112 to $115, and this somehow broke your down trendline?  It would also have to hit $130 by Wednesday to stay above your line.  That's an expectation of phenomenal growth, and failure to adhere to this growth doesn't seem ominous to me, it seems healthy.

And while I'm at it, what I don't get about TA is the insistence on straight lines, y=mx+b, rather than parabolas of some kind.  The price of bitcoin has been an almost perfect graph of damped oscillations, like this:
http://beltoforion.de/pendulum_revisited/Damped_oscillation_graph2.png

... which is a sinusoidal curve, bracketed by curves, yet all the TAs apparently use straight lines.  Perhaps straight lines are used because they're easy to draw?

You are absolutely right. The point was merely there is no need to predict the next OTP. Especially with Trudy having physical access.

I'd guess he is using a vasco or rsa token with appropriate key size...

Backing fiat money with bitcoin (or gold or anything else) would convert the fiat money into an honest money substitute (and no longer fiat) again. Fiat money is "money by decree". It is in a very real sense fake. The only things which gives it value are the cultural memory of "dollar-ness" coupled with the legal tender laws which make it illegal to issue private competing currency.

Bitcoin has most of the properties necessary to make it money. If and when it is widely considered to be money, then it could conceivably be "kept" in a safe place (e.g. the distributed network in which it currently exists) as backing for some unspecified, more transportable surrogate. In the heyday of private and state banking, the checks cross-written against groups of banks were cleared every day at a clearing house. The differences at the end of the clearing calculations were then settled between the banks by physical gold transfers. This was done continually all over the world in a local, regional, national layered fashion with the final clearing done in London. Only the interbank differences were settled in gold.

The days of the gold standard did not mean that everybody carried gold around in their pockets. It only meant that their "paper money" was fully backed by gold. And "at the end of the day", all accounts were settled. It worked beautifully. This may be a good model to think about with respect to Bitcoins. We don't all have to deal directly with Bitcoins, as long as the accounts are settled in Bitcoin periodically. This leaves us free to invent an honest bitcoin substitute that may be more convenient to use, but is backed by Bitcoin (like gold used to back bank drafts).

There will be more opportunities with ripple ... sign up to their email list and I am pretty sure you will be notified
A bit more dignified than begging 

"The bitcoin is backed by math argument" is kinda silly if you ask me. It´s backed by people who belive in it, but it have no other use than a medium of exchange, therefor it will fail.. In the long run, or short run. It could even be tommorow who knows. The problem is that the source code of bitcoin can be copied to infinity and create infinite new eCoins, you cant do that with physical things like gold.
You can also do something else with physical things like gold rather than use it as a medium of exchange, you cant do that with bitcoin.

........... really ..........