I can help with the Economics of Bitcoin. ALL forms of money represent three and ONLY three things.
1) It is a sub-divisible medium of exchange. This means that other people will accept it in exchange for the goods or services provided to the buyer. Furthermore the the form the money takes can be subdivided sufficiently to provide a fine granularity. You can think of this as getting change back from your dollar.
2) It is a store of value. This means that the money you accepted holds its value in anticipation of a future transaction. Think of this as saving your wages to buy a car.
3) It is a means of accounting. Think of this as just a relative measure of how successful you have been in trading goods and services relative to meeting your basic needs.
This is what money is. It is nothing more. The physical form, or in the case of bitcoin, lack of form is irrelevant provided that it meets the three tests above.
"Ceterum censeo Islam esse delendam."
Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)
LonePalm, le Républicain du verre cassé (The Broken Glass Republican)
Crude Oil would seem to work fairly well as money...