Comment: I see that the biggest opponents

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I see that the biggest opponents

of Bitcoin are the ones that know the least about it. For a community of supposed open minded individuals there is still a lot of work to be done on accepting or even looking into other opinions. The problem here is that we all think we know so much more than everyone else that it makes some of us in this crowd blissfully ignorant to some great alternative points of view. Specially when it comes to money and monetary systems.

Bitcoin isn't just a digital currency it is a whole system. You can never ever ever have a fractional reserve system with Bitcoin so there is no creating money out of nothing. In essence the power of the bank is absolutely nill with Bitcoins and even Bitcoin deposits because they will never be able to create some arbitrary amount at the drop of a hat like they do now.

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