nossim

virtual currency ? money as we know it is already a virtual currency made by institution you can sue. Bitcoin is a virtual currency made by a virtual institution no one knows. The only reason you'd like to switch for a new currency is because it is a more trustworthy currency i.e one that reflect more the real economy not one based on some crypto algorithm

Next stage Moody and the like will grant an "AAA" on everything related to bitcoin and the final stage is a worldwide financial disaster.

I don't think so this idea is in Neil Postman's book "Amusing Ourselves to Death" (1985). A must read.

I agree with you when you say "Bitcoin the system and the blockchain is brilliant." this is a brilliant misdirection like when a magician distract your attention to hide the real trick.

Why do you want to rope the value of money to something else than trust ? I know this is low tech and very old but a trust based system can work even for the digital economy. Of course to work properly a trust based system need some conditions which are not met today : transparency and dissuasive sanctions if someone cheat.

I think we need to upgrade our financial system but we need more transparency not more opacity.

Bitcoin itself is a flawed and dangerous idea. What makes the value of money is the trust you put into the economics institutions of some territory. Value of money should not be derived from some computational tricks but should be the reflect of the real economy. The other explanations including some from Wall street (remember Subprimes ?) are just big misredirections some conmen invented to take a lot of money from your pockets. Bitcoin is just a modern version of a pyramidal scheme. Think of it as pyramidal scheme 2.0

Working at home is not for everybody If you work with people who have a strong intrinsic motivation it's ok to work from home but otherwise it's a nightmare for the company.