Volatile, sure. Depends if you want to invest long term with it, and you understand the risk.
> As a currency it's too impractical and there are serious hurdles involved with turning central bank currency into Bitcoin and vice versa.
I found it pretty easy. Coinbase was lovely; getting verified on Mt Gox was a bit of a pain.
> We think Wall Street plays a rigged game.
Yeah, because it does. On a personal level I find the finance industry as a whole too difficult to gain any insight in to. I wouldn't know if my bank was collapsing or not, or if the housing market was in a true bubble. I can fully understand bitcoin. Maybe it's a false sense of safety, but I don't think it is.
> worry a Government or a big bank they'll simply manipulate the market.
Possible. We'll see how it plays out.
Most importantly though,
>I just don't understand the purpose it serves.
Very low fee, near-instant, world-wide monetary transfers. It serves a purpose.
Volatile, sure. Depends if you want to invest long term with it, and you understand the risk.
> As a currency it's too impractical and there are serious hurdles involved with turning central bank currency into Bitcoin and vice versa.
I found it pretty easy. Coinbase was lovely; getting verified on Mt Gox was a bit of a pain.
> We think Wall Street plays a rigged game.
Yeah, because it does. On a personal level I find the finance industry as a whole too difficult to gain any insight in to. I wouldn't know if my bank was collapsing or not, or if the housing market was in a true bubble. I can fully understand bitcoin. Maybe it's a false sense of safety, but I don't think it is.
> worry a Government or a big bank they'll simply manipulate the market.
Possible. We'll see how it plays out.
Most importantly though,
>I just don't understand the purpose it serves.
Very low fee, near-instant, world-wide monetary transfers. It serves a purpose.