This hits the nail on the head. It's slightly unfortunate that many of the most vocal proponents for bitcoin are anarchists/libertarians who seem to disagree w

This hits the nail on the head. It's slightly unfortunate that many of the most vocal proponents for bitcoin are anarchists/libertarians who seem to disagree with the fundamental nature of things like law enforcement and taxation. Bitcoin ends up being two things: one is a fiat currency that is made for digital transactions. This point is the one that could actually generate a lot of wealth. The other one is that it's decentralised. A lot of proponents buy into the myth that this means that it's anonymous, but it's not really. If enough of the market decides against anonymity they can force it, and the public ledger can help a lot with that. But this second point is portrayed under the myth of anonymity and policy makers start freaking out, and the rest of us can't get what we really want (an easy way to pay for stuff). Some people think that this can become a sort of general revolt against the dollar or whatever, but so long as taxes exist and the government has guns, we're probably not going to get far down that route.