> They will fail, because money that is not issued by governments is always doomed to failure. Stopped reading right there. Does this author actually believe t

> They will fail, because money that is not issued by governments is always doomed to failure. Stopped reading right there. Does this author actually believe that money is issued by governments? Why do you think your notes have "Bank of England" or "Federal Reserve", or whatnot written on them? It's because they're issued by those private institutions. They're not government bodies. Of course, the government has the alleged power to regulate those private institutions, but in reality it works the other way - those private institutions have the real leverage to regulate governments. It's because the governments are in debt to the private institutions that they can force the government to back their monopoly issuance of currency, and of course, they can force the government to privatize publicly owned assets to pay back the debts. Once you see past the very basic myth that "governments issue money", you quickly realize why politics is theatre, and any chance of change to the status quo won't happen through government. Bitcoin is the game changer.