re: The Time Table for the Dollar

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Someone has to control the currency

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I disagree.

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There was a time in US history (the so-called "free banking" period in the early 19th century) when there was no central bank and in fact banks issued their own promissory notes.

The problems with this are numerous. First off, every person is now in the position of having to judge how good a particular bank's "currency" is. If you have a ten dollar bill drawn on Bank One and another drawn on Bank Two, are they really of equal value? Will a grocery store agree with you?

Having a single issuing authority removes these problems. Bitcoin has something like this as well, even though there is no human authority the core issuing rules are a substitute for that. In a sense, Bitcoin has a "central authority" that can't change the rules.