"No, there isn't a free market in money. That's the whole problem and the reason Dr. Paul spent 12 terms in congress."
Then don't say Bit Coin is winning in a free market. It's just not seen as a legitimate threat, and it's not.
If this was a free market, and I had my receipt money business going, there would be no exchange rate between Liberty Dollars and Bit Coin or any other form of fiat money. I would consider it an insult to even try to buy real money with Bit Coin. I would consider it my job to destroy Bit Coin as a fraud within the free market.