I'm still not convinced. Currency has gone through many corrections because of counterfeiting and I feel pretty confident that most people won't be able to cou

I'm still not convinced. Currency has gone through many corrections because of counterfeiting and I feel pretty confident that most people won't be able to counterfeit money (especially with the new designs). Bitcoins also do not have the backing of the government (and it never will, unless the government is issuing them, which would defeat the purpose). A security flaw in any of the peers could potentially mean lots of stolen money/devaluing.