> When it does, no nation will ever trust a digital currency again thanks to an impending media shitstorm about how dangerous Bitcoin was. I don't think it is

> When it does, no nation will ever trust a digital currency again thanks to an impending media shitstorm about how dangerous Bitcoin was. I don't think it is necessarily going to play out that way. While I can't think of a single use case that Bitcoin fulfills that the alternatives don't, digital currency, of some kind, is inevitably going to play an increasing role in our lives. What is now known as "cryptocurrency" (blockchain based tokens) are just one kind of digital currency. There are at least 2 other kinds I can think of: - Centralized databases of fiat-exchangeable equivalents (A "Fedcoin", Amazon vouchers etc) - Federated Chaumian/Brandian anonymous digital cash systems (the forgotten cryptocurrency). Personally I think it's only a matter of time before we get a digital currency based on one of these models sponsored by central banks / governments.