Right idea, but: 1. Satoshi is likely carrying $300M in his head, today. Imagine what it will be in 10 years. You can't carry $1,000,000,000 in cash in your he

Right idea, but: 1. Satoshi is likely carrying $300M in his head, today. Imagine what it will be in 10 years. You can't carry $1,000,000,000 in cash in your head for example. 2. Allowing criminals to steal BTC from you by force or extortion sets up horrible incentives. First, the criminals must voluntarily relinquish control of the BTC if you are to get it back, so there's little the State can do to help you even if they wanted to. Are you willing to use equal or greater force to compel hardened criminals to get your money back? The police probably aren't, and your government is almost assuredly corrupt regardless of where you live. Ponzi schemes are the least of your worries in a world where Bitcoin is truly ubiquitous.