The OP is not to be taken seriously, thanks to deep ignorance about how currency works in general, and how bitcoin works in particular. In 1998, Paul Krugman d

The OP is not to be taken seriously, thanks to deep ignorance about how currency works in general, and how bitcoin works in particular. In 1998, Paul Krugman described the fatal flaw that will inevitably sink any currency that includes it; a flaw that Bitcoin's designers have overlooked. http://www.forbes.com/sites/pascalemmanuelgobry/2013/04/05/krugman-baby-sitting-co-op-bitcoin/ http://www.forbes.com/sites/pascalemmanuelgobry/2013/04/05/k... … So no, Bitcoin is not an "Existential threat to the Modern Liberal State". Not even close.