Government fiat is to snail mail what bitcoin is to email.
And it's all very well to move to a cashless society, but even so, much of the bureaucratic overhead, premine (ie instamine), trusted systems and centralization would still remain, right?
Yep. I stand corrected, thanks, although on second thought, both versions might work if you're receiving a government cheque by post, versus some email that declares some funds have been sent to a bitcoin address.
I think the centralization of fiat is the real problem when you have the dregs of society attracted to it in order to manage or control it. Furthermore, government in general affords power that could not otherwise be obtained so easily by such dregs, thus leading to siphoning and general corruption, eventually causing blowback into society.
And it's all very well to move to a cashless society, but even so, much of the bureaucratic overhead, premine (ie instamine), trusted systems and centralization would still remain, right?