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Others are intrinsic to the currency. At some point in the early 22nd century, the last Bitcoin will be generated. Long before that, the creation of new coins will have dropped to near-zero. And through the next 100 or so years, it will follow an economic path laid out by "Nakomoto" in 2009 ??? a path that rejects the consensus view of modern economics that management by a central bank is beneficial. For some, that means Bitcoin can never achieve ubiquity. "Economies perform better when they have managed monetary policies," the Bank of England's chief cashier, Chris Salmon, said at an event to discuss Bitcoin last week. "As a result, it will never be more than an alternative [to state-backed money]." To macroeconomists, Bitcoin isn't scary because it enables crime, or eases tax dodging. It's scary because a world where it's used for all transactions is one where the ability of a central bank to guide the economy is destroyed, by design.