re: The Time Table for the Dollar

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Why do you think bitcoin, or any single global currency, would work?

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Bitcoin will work for multiple reasons:

1) free of government control and manipulation
2) inflation protection
3) inability of governments to freeze 'accounts' or seize assets
4) it's not just a currency but also a transaction system
5) it's not limited by political borders

etc...

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The notion that a single currency benefiting the majority of sovereigns that use it is a very, very misconceived notion.

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Sovereigns won't use it. They will hate it. It's the people that will use it. Sovereigns will attempt to stifle it.

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The only way a single monetary union works is with a single fiscal union.

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I disagree.

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but I'm really curious what you believe the benefits are to it.

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It's a currency and transaction system that offers anonymity, low or no cost transactions, and security.

I've been posting a lot about it lately, mostly on the Poli Board. I'm very fascinated with it, but I also acknowledge it's in its infancy and will likely take 10 years to even get close to critical mass.