The conversation about what role Bitcoin has in the current world economy is basically pointless.

Bitcoin doesn't have a role in this system- it is a new system, and it works better on it's own.

Bitcoin bonds, digital credit, pristine collatera, etc. are all descriptions of two conflicting systems being forced to interact.

While this interaction is inevitable as bitcoin matures, I don't see a harmonious union, I see the emergence of incongruous conditions which will need to resolve to one side or the other.

I know which side I'm betting on.