I don’t understand Bitcoin.
Money protected by cryptography from exchange by anyone but the owner, meaning the government cannot prevent exchange by whomever has the keys to a bitcoin wallet.
The block chain is just the eternal ledger of every transaction, the tracking of which prevents the counterfeiting of any new bitcoin by nefarious means.
The government doesn’t need to tax you when they can steal your purchasing power by running the printing press to create new dollars spend the results.
Same here. In the old days, we had coins made of gold and silver. At least we knew the money was backed by the value of the metal. Then there is paper money, which used to be backed by the government's promise of gold and silver. Paper money now has serial numbers that promise it has the backing of the government to trade for goods. Bitcoin has a crypto serial number scheme, generated by intense computing, that promises value. In that sense, it is similar to paper currency. But lose your private key, and you can't redeem it by trade. Not like paper money at all. At least with banked money you can retrieve your money if you forget your account number. No one else has your private key to your crypto.