[Errant]

There is a committee that controls bitcoin's development, and of course it values the input of the entire bitcoin community. Then there are numerous other digital currencies bitcoin must compete with, which ensures the whole shebang moves along in a positive direction.

And what makes anyone think the honcho in this whole thing is NOT an obama created EO appointee...

Because bitcoin was created by "geeks" who are not known for their worship of centralized control over anything. That's not to say that in the future, some government or central bank will not take the technology and attempt to use it to their advantage. But again, there is that competition thing from all the other digital currencies.

[FreeAtlanta]

Lol, what do you all think airline “skymiles” and credit card “cash back” programs are?

in a round about way, they are alternate currency to skirt the IRS.