Essentially, bitcoin is a reaction to three separate and ongoing developments: centralized monetary authority, diminishing financial privacy, and the entrenched legacy financial infrastructure.
Bush and Cheney also embraced a vision of presidential power that revolved around a largely unregulated and centralized executive branch with massive authority over the citizenry.
They say the auditing authority would be centralized in each state, so that each year a Web seller could be subject to a maximum of one audit per state, not 9, 600.