In societies where the official currency is unreliable, or subject to inflation, alternative mediums like real estate, art, stocks, etc., can be used for exchange and therefore carry a monetary premium. People use their houses not as an ATM, but as actual money. They are better money than the dollar. They give the state another layer of economic power since it can and does so easily control and heavily influence the distribution of those alternative mediums of exchange.

Bitcoin is going to eat all of that