One question - Before you pass a judgement on government "bad" rules, let ask you something, have you ever run any company of decent size? Because if you do, you will realize things are more difficult than you realize.

Let's take an example of a retailer. She buys stuff from a company to sell in her stores. And she has How or when does her book it as a revenue? When it is bought? When it is sold? Common sense says after it is sold. What happens if there is a return? There are so many rules to cater to so many things. It's something you can hardcode into program code.

> bitcoin there just isn't any credit.

And far from you belief, it is not a good thing.

> optionally with an instruction that it'd be paid back if an "oracle" (anyone else on the blockchain)

I like how a statement defending cryptocurrencies goes all over the place.

Pray tell, how are "oracles" implemented in "bitcoin"?

Also, why should people not trust the government but random "anyone else on the blockchain"?

That said, I am still waiting for someone to explain me this "triple accounting" thing on blockchain.