Will Bitcoin succeed?
What very few people are talking about is that with a finite currency the amount of transactions we make to secure goods and services will have to shrink (regardless of block sizes).
With fossil energy available, we'll return to more localised economies and gift and barter economies will become a major part of our everyday lives, just like they were before I found fossil energy and the industrial revolution.
Having said that, we'll still need a sound currency and things to use as a store of value. But these things will be more tangible and in tune with our basic needs.
If a digital currency helps us connect with a more real life, within energy and biophysical limits, it can be a sound currency and to a lesser extent a store of value.
If it's used to increase monetary abstractions and the distance from what can really sustain life (healthy soils and clean water and food and a strong social fabric), I believe it'll fail...
