Does it have a monetary value to the FBI? If so, bitcoin is fundamentally flawed.
About those (maybe existing, maybe not existing) bitcoins - how many have been seized to date? I mean, Silkroad was sure using the hell out of Bitcoin. Was all that money recovered?
Maybe I've got it wrong. Maybe troves of bitcoin have been seized worldwide. Could somebody site an example? To date, I haven't heard of any sizeable seizures of bitcoin.
I like recent holographic theories as candidates for ultimately supplying a workable GUT. Consider cosmic expansion - what happens to the surface area of a sphere as the radius of the sphere increases arithmetically? Gravity can be readily explained as perturbations on the surface of the sphere. I wish I knew the maths to explore this idea properly.
I've been able to write checks throughout my adult life. Bitcoin (no matter the technical underpinnings) is more like issuing drafts (checks) - their value is not defined by any reasonable currency; the reverse however is true (bitcoin has an arbitrary or not-so-arbitrary value in currency, but the value of the US Dollar/British Pound/Euro/etc. is not defined as having value relative to bitcoin).
Is anybody here still naive enough to confuse my (personal crypto) check for cash? I assert that the check in my hand is worth $100.00 - who'll give me $95.00 for it? I promise it's good . . .
So . . . whaddya suppose the odds are any auto manufacturer is going to base the vehicle's fundamental operations on an open source hardware/software stack?
Those other guys - somebody runs up to 'em with a subpoena and says "Who did what from where when?" It'd sure be nice if I could keep a straight face when I let them into my database - something about staying out of Club Fed . .
What, you thought they were using your password for your protection?