(not finish) Denationalization of Money, De-dollarization and Bitcoin

Hayek, the 1974 Nobel Memorial Prize Winner in Economic Sciences, once described a version of perfect money in his books "Denationalization of Money" and revised version "Denationalisation of Money: The Argument Refined". As a classical liberalism, he was warning of totalitarianism and tried to make-up his theory to prove the importance of less government intervention. The less the better. Currency is no exception. He conceived a world where the money should be private issued and predicted that Euro will a failure.

Milton Friedman, the 1976 Nobel Memorial Prize winner in Economic Sciences, once said "I think that the Internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing, but that will soon be developed, is a reliable e-cash, a method whereby on the Internet you can transfer funds from A to B without A knowing B or B knowing A. The way I can take a $20 bill hand it over to you and then there’s no record of where it came from. You may get that without knowing who I am. That kind of thing will develop on the Internet and that will make it even easier for people using the Internet. Of course, it has its negative side. It means the gangsters, the people who are engaged in illegal transactions, will also have an easier way to carry on their business."