I am constantly amazed how little Bitcoin fans value large, stable, global financial and legal institutions like the US or EU.

Without them, Bitcoin, the Internet, and most of the other aspects of their comfortable lives would exist.

- the legal system is a huge disappointment (CISPA, SOPA, etc.)

- the financial system is a huge disappointment (worldwide financial crisis)

It's not that we love Bitcoin (sure, it is an interesting piece of technology, but it's money, and money is a dirty word), we just dislike the alternatives.

Of course they are disappointments. But are they worse than any known alternatives?

Democracy isn't promised to be perfect, just to be better than its predecessors.

Something can be the best-ever-made and still be disappointing.

The people are just taking back some of the power they had previously delegated to banks and governments. Our leaders have become too far disconnected from us, they don't even understand that we are used to unprecedented freedom of actions and speech, to levels that sounded crazy before the Internet (some people grew up downloading data from military satellites and servers just for fun, not in any way out of malice - this is something they'll never understand).

Let the hive mind decide what is moral and worthy and what is not. Democracy must evolve and this will never happen as long as the old generation has power to stop it.

There are a lot of reasons why people are skeptical of those systems. How could you not be at least a little? And I doubt the internet and life as we know it wouldn't exist if things were different, but it depends a lot what that means.

There's a fascinating potential circularity in what you're saying.

If you invest in bitcoin because you don't trust governments, but bitcoin relies upon the internet, and the internet requires governments to stay up; then there's a sad potential future where a government-skeptic bitcoin investor is exactly right but because of the prerequisites for bitcoin to maintain value ends up with nothing.