Nope. Remember, bitcoin, for the foreseeable future, is only going to be valid for online transactions. You'll still need to go through a gateway of some kind (

Nope. Remember, bitcoin, for the foreseeable future, is only going to be valid for online transactions. You'll still need to go through a gateway of some kind (Paypal, bank, etc.) to convert a bitcoin into dollars, euros, yen, or whatever you buy food and pay rent with. Those gateways represent choke points that can and will be shut down, if our experience with other online currencies is any guide.