"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

Why would banks need to be bailed out... if they weren't fractionally reserve? Also payments without a solid monetary basis as a foundation... don't make any sense.

Paying in worthless tokens where a billion tokens each day are created infinitely all the time... essentially leaves the tokens worthless and the payments meaningless. If you're paying in tokens (Bitcoins) but there are an infinite number what good is the payment if the Bitcoin doesn't have value.

And for that it implies an improved, trustless (full-reserve?) monetary system.

“Most of the value comes from the value that others place in it. Gold, for instance, is pretty, non-corrosive and easily malleable, but most of its value is clearly not from that. Brass is shiny and similar in color. The vast majority of gold sits unused in vaults, owned by governments that could care less about its prettiness.” - Satoshi Nakamoto