Bizarre Shadowy Paper-Based Payment System Being Rolled Out Worldwide
Satire works when you hold <i>folly</i> up to ridicule. Central banking is possibly the greatest human invention since sanitation. The U.S. central banking system ranks among the finest of its kind.<p>Bitcoin handles 7 transactions a second on a good day, has no reliable institutional actors, and I can neither pay taxes nor satisfy court judgments with it.  It is an impressive proof-of-concept for decentralized trust in cryptosystems, but it is hardly a currency.