[Sawdring]

All your value is stored as numbers on a computer system which they would control?

You have described the system we have right now. Bitcoin is simply an accounting system not controlled by the Fed.

[DiogenesLamp]

You have described the system we have right now.

I can still trade with paper currency, so there is still a manner in which the value is not stored on someone's computer somewhere.

Bitcoin is simply an accounting system not controlled by the Fed.

I don't believe that condition will persist. At some point I see the Fed and the Federals moving to gain control over it, and if they can't, I expect them to ban it.

Call me a cynic, but that's what I expect to happen.