Does that mean when this takes off I can earn, exchange and sell units of future human labor without the friction of governments taking 25% to 35% of it?
We can assume the government will spare no expense in destroying bitcoin by fiat by making laws against it, and if that doesn't work, using economic hit-men, supporting jackals, or the old trusty domestic military action with soldiers from Georgia and Virginia to break down the door of anyone caught using it under the table.
The question is, how is this war going to unfold? Will the US dollar be allowed to be exposed as the always-inflating Monopoly Money it is, and slowly fade out over the next 20 years? So many possibilities.
If bitcoin can survive laws that make it illegal, taxes on it that make it less useful than USD, assassinations of key figures, the destruction of companies promoting it, and domestic military action, then bitcoin might have a shot at becoming the next world currency.
Otherwise, a combination of these things will erase it to a footnote in the history books. But you can be darn certain that the government is going to levy their tax on the income of bitcoins. In the interests of the sovreign, to promote "fairness".