In the pre-Gox days of the Bitcoin subreddit you could find plenty of people advocating exactly that - that Bitcoin would make not just &#x27;fiat&#x27; money obsolete but government itself.<p>Any idea, good or bad, is vulnerable to being discredited by its most annoying public advocates. Bitcoin &#x27;hate&#x27; is mostly a reaction by people who encountered this and got fed up with it.<p>Not to mention that Bitcoin is explicitly anti-environmentalist: it&#x27;s built on vast amounts of wasted electricity.