Originally Posted by JoshGirls Josh (Post 19892815)

a currency that goes from 100 to 1000 in 3 weeks is not a currency.

Originally Posted by Serge Litehead (Post 18216010)

would suck if all your life-savings turned into one loaf of bread sometime. I have seen it happening with my own eyes so to say, when USSR crashed my grandmas lifesaving turned into single carton of fire matches.

While USD (FRN) remains world reserve currency, for the lack of better alternative IMO, I personally have very pessimistic outlook on USD in any near time future although it is better than most other currencies. It will go weaker and weaker...
Meanwhile Bitcoin has a huge potential to grow. half a year ago 1 bitcoin was trading for $0.20, today its $18 and have peaked at over $30 recently, who know how much it will be worth tomorrow, in a year of ten years from now. Of course there is possibility of it going down, but it as well may cost $100, $1000, $10000, etc in the future because single bitcoin can be fractured almost infinitely, it is great for storing value.
So me holding a Dollar with every passing time gets less and less purchasing power over time, where bitcoin has tremendous possibility to grow and accumulate wealth, and maybe become world currency someday. I won't advise anyone dumping their whole life savings into Bitcoin or invest in something you don't understand what it is and how it works but I will certainly hold on to my little stash (just in case).