Bitcoin is annoying at best. The dribble about Bitcoin is merely unleashing the latent unfulfilled business student wannabe in many of the authoritarian comments implying that anyone not involved in this ponzi scheme is dumb . Making frictionless transactions using as a currency with no backed guarantee and that are no cost is folly. Maybe Bitcoin can roll up all of the other new 'currencies'. Last count I had 248.......and more every day. Promoting Bitcoin is an anti tax strategy at its core, and I do not think governments will allow it. So reporting your transactions will be required. It already is in the US -- see IRS. PS I have lots of Confederate Dollars. Want some ?