Is BitCoin the currency of the future?

The question that seems unanswered isn’t only, “Why would enough people be like Saro?” but also, “Why are there people like Saro at all?” Without knowing that, I don’t see how we can know there won’t be more.

A possible answer might go something like, “There are always a few misguided fringe folk who will go to any length to try to realize a hopeless endeavor.” That is at least debatable, but Mises’s regression theorem seems neither here nor there once the population is large enough, which I’m sure was the thought that led Micah to start this thread.

In short, there are at least four positions one could hold with regard to reaching such a threshold population:

  1. The chances of threshold adoption of BitCoin are negligible because I can’t think of how it could happen (argument from lack of imagination, but to challenge it requires a plausible story about how it could happen),

  2. The chances are neglible because the reasons that people adopt BitCoins will only ever be applicable to a few fringe people (like those stricken with a certain rare flavor of ideological or economic misguidedness),

  3. The chances are significant because I don’t see why enough people wouldn’t adopt them (also argument from lack of imagination/incredulity)

  4. The chances are significant because of X plausible story about how it could happen.

So it seems the debate can begin if someone has such a plausible scenario that would result in threshold adoption. Otherwise it is just all about “well it could happen,” to which the best response might be that pigs could start taking flight any day now. But for the sake of accuracy I would still, again, like to point out that that is different from a definite “NO.”