>Society can't make progress if progress hinges upon the diktates of a corruptible few.
Not being sarcastic here, but come again? Isn't that also the argument _against_ bitcoin? The extension of that argument being: would people rather they get to _elect_ the corruptible few, or that the select few be just that because they are rich (family, etc) (eg. VC's dumping their money into bitcoin).
It doesn't matter what some politician thinks, or even what a rich VC thinks: there will never be more than 21,000,000 bitcoins.
Once you invest in Bitcoin, you have a vested interest in the system maintaining and appreciating in value.
I'm not worried about Bitcoin being debased by VCs.
Politicians and bankers do concern me, however, because they can do whatever they want to my fiat currency: inflate it, deflate it, confiscate it, freeze it
and they can always hold those things over my head in order to compel me to take an action against my will.
Mainstream institutions have proven time after time to be more interested in accumulating and preserving their own power, than acting in the public's best interests.
I no longer trust this system, and I actively seek out ways in which to protect myself from its whims. I would never hold any more of its money than I absolutely had to, and I look forward to building a free economy on top of the blockchain.
That's what Bitcoin's about. It's not about being PayPal 2.0.
Not being sarcastic here, but come again? Isn't that also the argument _against_ bitcoin? The extension of that argument being: would people rather they get to _elect_ the corruptible few, or that the select few be just that because they are rich (family, etc) (eg. VC's dumping their money into bitcoin).