Probably not, but it’s a great idea: a P2P (peer-to-peer) network that also anonymizes the buyer and seller, as the bitcoin is electronically unique. The supply of bitcoin expands at a regular rate to create health in the market (read Milton Friedman for more on increasing money supplies as a predictable and regular rate.)

It allows for private transactions without government or banking institutions blocking your trade (as with online gambling, for instance, or buying illegal drugs.) It prevents control of the money supply and politically inspired inflation of the money supply — the reason your dollar is worth a lot less than it was even 10 years ago.