Why I want Bitcoin to die in a fire – Charlie Stross

[Thought-provoking critique. Some interesting discussion in the comments, too. -egg]

Like all currency systems, Bitcoin comes with an implicit political agenda attached. Decisions we take about how to manage money, taxation, and the economy have consequences: by its consequences you may judge a finance system. Our current global system is pretty crap, but I submit that Bitcoin is worst.

via Why I want Bitcoin to die in a fire – Charlie’s Diary.