“The emerging cryptographic monetary standard entirely bypasses the age of fiat money and the age of central banking. It takes money out of the realm of public policy and central planning and places it in the hands of the people actually using it. Of all the features of Bitcoin, this one is perhaps the most beautiful. It has emerged from within the social order and was not imposed from above.  How long will it take before the full implications reveal themselves? It took email some 20 years to go from obscure to common. Digital phone technology needed about the same swath of time. Bitcoin, however, could be different. Information travels farther and faster than ever before.”

http://www.fee.org/the_freeman/detail/fun-and-fascinating-bitcoin

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