He is wrong in that all money in existence is borrowed from the central bank. Actually a very small portion of U.S. Dollars in circulation are earning interest for the Federal Reserve. Most of the U.S. Dollars being printed by the Federal Reserve today is loaned directly to the U.S. Government.

There are many problems with the Federal Reserve, but bitcoin isn't the solution. The biggest problem with bitcoin is that it puts computer users in the position currently held by bankers. You have to realize that most people in the world aren't computer users. Bitcoin further stratifies that difference.