"Kazakhstan's Vice-Minister of Finance says that Bitcoin threatens Kazakhstan's financial stability" VS. "Croatian central bank establishes that Bitcoin is legal in Croatia" "Finance minister of Cyprus is studying a proposal for turning Cyprus into a Bitcoin hub and for example, allowing Bitcoin to be traded on the official Cyprus stock exchange" "Sweden's first Bitcoin ATM just opened up in Stockholm."
And Swiss sees a new industry as well: http://www.coindesk.com/swiss-lawmakers-bitcoin-foreign-currency/
News today, Casascius physical coins get screwed...... http://rt.com/usa/caldwell-casascius-bitcoin-mint-157/ Fidellity yesterday said they will accept Bitcoins for IRA investment , then today said just kidding. http://www.zerohedge.com/news/2013-...itcoin-investments-days-after-permitting-them
Bitcoin haters. Millions of more people have and will lose wealth due to reproducible paper currencies like USD, YEN than in bitcoin(not reproducible) . Is silver a ponzi, It's down 60% from peak? No , it's not, silver plays the same role as a pile of class 5 rock or bitcoin, it will preserve wealth against paper printers devaluing your money, You may not feel it now, but if/when hyperinflation kicks in then you'll need to buy class 5 rock within a day of receiving your paycheck just to preserve your purchasing power. I don't know about you, but every time I go to the grocery store I notice cent by cent food costs continue going up. Why? Why is JPM trying to file patents on the whole concept of bitcoin payment system?? hmmmmm http://money.cnn.com/2013/12/10/technology/bitcoin-jpmorgan/
Bitcoin is still in infant stages as far as I am concerned, You haters think that any joe shmoe retail public can just rush in and buy it like twtr or fb ....Not the case, I tried at 200 lol, It is very hard to get right now and people who go through the trouble of buying it know that it can go down 50% in a day. Why do you care if they lose money, Millions more will lose money getting conned in twtr and fb. Haters, Go short bitcoin, if you even can...
If it is like the internet, in 10-15 years anybody should get free bitcoins. I wonder how Zr feels about Litecoin and such? The funny part is with bitcoin enthusiasts that they hate altcoins, when they should be embracing them... After all, why should be there just one digital currency? Oh, because that is where your money is? Sorry dude, there is such a thing as too much success and that brings competition....
There is a place for altcoins for sure. It has been stated on other forums, but I do envision a universal coin pmt system that accepts many different coins and works like a credit card. Bitcoin was the first, therefore has the biggest name recognition. But is not necessarily the "best" coin. Litecoin (and other scrypt based coins) do transaction confirmations many times faster. And other coins like Goldcoin protect against the 51% network attack, which can severely hurt a coin if not kill it. This ball game is just getting started.